Posted by William Charles on November 27, 2016
Bank Account Bonuses

Published on November 27th, 2016 | by William Charles

392

[Expired] TD Bank $100 Or $200 Checking Bonus [CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA]

There is now a $300 + $100 bonus. You can read about it here.

$300 bonus has been reduced to only $200. $150 bonus also reduced to $100

We’re reposting this and adding it bank to the best checking bonus page because a direct link (non affiliate) is available again. You can also read our post on TD Bank credit cards here.

[9/10/16: This offer is back again.]

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA only.
  • Direct deposit required: Yes, $500+ or $150 bonus or $2,500 for $200 bonus
  • Additional requirements: None
  • Hard/soft pull: Soft
  • Credit card funding: Up to $300
  • Monthly fees: Up to $25, waive-able
  • Early account termination fee: None
  • Expiration date: Unknown

The Offer

Direct link to offer

  • TD Bank is offering two different sign up bonuses of $100 or $200 depending on the bonus, they are as follows:
    • Open a TD Conveience checking account and receive direct deposits totaling $500 or more and earn $100
    • Open a TD Premier checking account and receive direct deposits totaling $2,500 or more and earn $200

td-bank

 

The Fine Print

  • Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefits (such as Social Security) from your Employer or the Government. Person-to-Person and bank transfers between your TD Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
  • Offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank, open their account online via this web page and complete the required qualifying criteria.
  • $200 bonus offer available to eligible new personal checking Customers when opening a TD Premier CheckingSM account with cumulative direct deposit funds of $2,500 or more into the new account within 60 days of account opening.
  • $100 bonus available to eligible new personal checking Customers when opening a TD Convenience CheckingSM account with cumulative direct deposit funds of $500 or more into the new account within 60 days of account opening.
  • Once the offer criteria is met, the bonus will be credited into the new personal checking account no later than 95 days from account opening. Account must remain open, active, in good standing, and in the same product type through the qualifying period to receive the bonus.
  • Bonus will be reported as taxable income to the IRS on a 1099-MISC.
  • Offer may be withdrawn at any time and is subject to change.
  • One bonus per Customer and cannot be combined with any other offer.
  • TD Bank employees and Canadian cross-border banking Customers are not eligible

Avoiding Fees

TD Convenience Checking $15 Monthly Fee

This is waived if you have a minimum daily balance of $100

TD Premier Checking $25 Monthly Fee

This is waived if you have a minimum daily balance of $2,500

Early Account Termination Fee

According to this comment no early account termination fee.

In their online fee schedule, there is no mention of an early account termination fee. Whereas on this help page they say there is an early account termination fee of $15 if you close the account within 90 days. That page does redirect to the Canadian site so that may be the difference. In any case, we’ll be cautious and say to keep the account for 90 days before closing.

Our Verdict

It’s not much harder to meet the requirements for the $200 offer (or to keep it fee free) so I’d strongly recommend everybody go for that offer rather than the $100 offer available. TD Bank usually offers a free item for sign up (valued at less than $150) or a $150 bonus when they open a new branch, so this is significantly better than those offers. Only problem is we don’t really know what will trigger the direct deposit requirement.

All that being said, this is definitely one of the better bank account bonuses available at the moment, if I lived in the target area I’d definitely be signing up for this. We’ve added this to our list of the best bank account bonuses currently available.

Update: If you run into an issue with them being unable to verify your identity try using your passport instead of your drivers license.

Useful posts regarding bank bonuses:

Hat tip to reader Brian K



392
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Gary
Gary

If you’ve ever had checking asking l account, you’re ineligible? :'(

David
David

I’ve received two bonuses from TD Bank in the past. The first bonus was in February 2015 and the second was April 2016. I was targeted for the second account (new branch), so I’m not sure if that’s what allowed me to get the bonus again… The first bonus was not targeted.

AE
AE

I have a td bank account and am therefore ineligible however – my wife does not and she could apply.

I do not see any mention of limit one per household – anyone ever applied for 2 td bank checking accounts at the same address and received both bonuses?

chasejuggler
chasejuggler

We have had pretty good luck with doubling up on bank bonuses. But I can’t speak for TD bank specifically.

We’re going for it on this one. Keeping $2500 tied up for 60 days is a pretty low risk for a good shot at $300 if you ask me.

DDG

Yes, you will receive the bonus more than once per household. I’ve tested up to three.

Ben
Ben

Yes, I had no problem with 2 Conv Checking from same household in new accounts opened Oct 2015, 150 bonus posted for each in Nov 2015. However I am disappointed by the language indicating prior account holders even of a different product would not be eligible for another bonus, given the $300 bonus is more enticing. But remains to be seen if that condition is enforced. I’ll probably wait until the 1 year mark and if the $300 offer sticks around, try for that and get a DP.

Deezy
Deezy

YES,
wife and I just did it. 3 months apart from each other. Both got bonuses. 🙂
Real question is if we can do it again for 2017..?? Anyone…

Matt
Matt

FYI if you want to see your routing and account number immediately, click “download form” under “Direct deposit” on the application complete page.

Matt
Matt

Just leaving a data point; funding with Barclaycard Cashforward counted as a cash advance 🙁

Ian
Ian

How much did you fund new account with cc?

Brian K
Brian K

Would recommend sticking with TD Bank after the bonus posts…they are great! Truly exceptional customer service. I’ve never been disappointed in 2 years. They are great about waiving fees (monthly account fees for dropping below the required minimum balance to keep fee free) if you simply call customer service.

tony morone
tony morone

Give them time…..they are masters at holding transactions back then whacking you with fees. It got so bad for me at TD I actually caused a scene at the branch. They are leeches!

Zach
Zach

Any recent DPs on ACH counting for the DD requirement?

Kilbus
Kilbus

I ACHd in the money and it is listed as transaction type DIRDEP. Have not received bonus yet at about 40 days in.

chasejuggler
chasejuggler

ACH push from Capital One 360 triggered the bonus for me.

Keith
Keith

Anyone else here getting errors with them validating information. I tried twice and they had issues both the times verifying my identity

Joel83
Joel83

Just type as many numbers from your license # until the bar turns green and stop there. Don’t type the rest. That did it for me.

Leo
Leo

Same question as Zach, can anyone confirm which ACH counts as DD?

Keith
Keith

DP Here – Wife opened an account and we were able to fund with a GCM Visa card

Keith
Keith

Nvm, got an email later on saying the payment was rejected, so this looks like a no-go

James
James

I didn’t see the availability limited to the states you mentioned in the link you provided. Is that mentioned somewhere?

James
James

Never mind. I clicked on the link and tried to open up an account. The address pull down menu limits to the aforementioned states only.

Kyle
Kyle

I signed up for the Premier Checking Account earlier this morning and tried to fund $300 with a CSP that has a cash advance limit of $100. I just received an email from TD Bank that said the initial deposit was unsuccessful.

Arthur
Arthur

Possibly chase credit card no longer work. I used chase united card to fund 300, and now the charge is pending, and my cash advance limit is 300 less.

Arthur
Arthur

Update on my chase united funding. Today the 300 transaction is finally posted. To my surprise, it is posted as “sale” with a description “Visa Transfer, NJ US
Online, Mail, or Telephone transaction” and a reward of 300 miles. And my cash advance limit went back to the original number. Anyway I paid the balance immediately to avoid any hidden interest. The statement will be out in ten days, and I will let you guys know if it is really a purchase or not.

Phil
Phil

Does anyone know what counts as a DD?

Bob
Bob

I’m getting ‘unable to verify identity’. Anyone else?

Keith
Keith

same here, ran into the issue several tiems

Joe
Joe

I have a TD Bank checking account ~ 6 years ago. That account is closed 5 years ago.
Can I qualify for these $300 or $150 promotions at this time?
Thank you very much!

Ryan
Ryan

Just to save you guys from the hassle, order the debit card.

Without it, I can’t open an online account and I have to call the bank to get an account set up…

Chris
Chris

Blah, I should have read this first. I should have checked the box for the debit card but didn’t. I assumed I would be getting a regular ATM card instead, but apparently not. Now I have to call up to get the card set up online access.

Back to Top ↑