Offer at a glance
- Maximum bonus amount: $1,400
- Direct deposit required: Yes, $500+ for $150 bonus or $2,500 for $300 bonus
- Additional requirements: See below
- Hard/soft pull: Soft
- ChexSystems: No
- Credit card funding: None (a lot of cards process as cash advance)
- Monthly fees: Up to $25, waive-able
- Early account termination fee: Six months, bonus forfeit
- Household Limit: None mentioned
- Expiration date: 8/31/26
Contents
The Offer
No direct link to offer, available in branch at NYC locations. Not sure if available at other locations
- TD Bank is offering a a checking & savings bonus of up to $1,400. Broken down as follows:
- $400 checking bonus when you open a TD Beyond Checking account and have qualifying direct deposits within 60 calendar days of account opening
- $1000 savings bonus when you open a TD Signature Savings account and deposit $100,000 or more within 20 calendar days of account opening.
The Fine Print
- In-store offer is valid through 8/31/26. $1400 offer includes: 1) $400 checking bonus when you open a TD Beyond Checking account and have qualifying direct deposits within 60 calendar days of account opening; and 2) $1000 savings bonus when you open a TD Signature Savings account and deposit $100,000 or more within 20 calendar days of account opening. Deposit amount must be maintained for 90 additional days from the 20th day.
- Alternative savings bonus offers of $200, $300, and $600 available
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
TD Beyond Checking ($400 Bonus)
This account has a $25 monthly fee that is waived if you do any of the following:
- Have $5,000 or more in direct deposits within a statement cycle
- Maintain a minimum daily balance of $2,500
- Have a $25,000 minimum daily combined balance across eligible TD accounts you choose to link
Early Account Termination Fee
In their online fee schedule, there is no mention of an early account termination fee. The fine print does say the accounts need to be kept open for 6 months or the bonus is forfeit though.
Our Verdict
Checking bonus is $100 more than normal. Don’t think the savings bonus is worth considering due to the $100,000 deposit requirement. If you see this in any other branches let us know.
Hat tip to reader Rim
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Calculate And Share Your ChexSystems Datapoints
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
