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Home / New to Canada / Newcomer offer
Visit a branch to open an account
Start with banking that helps you save
Open an eligible TD Chequing Account with up to 2 years of no monthly account fees. Stack extra savings, credit card bonuses and other eligible offers to unlock up to $2,400 in value1.
Build your credit history in Canada
Apply for an eligible TD Credit Card with cash back or travel rewards.
Eligible newcomers may qualify for up to a $15,000 credit limit without Canadian credit history ^
More ways to save and get rewarded
Choose benefits that fit your life, from saving more and sending money internationally to investing and planning for a first home.
More reasons newcomers choose TD?
Save on Banking for Up to 24 Months
Pay no monthly account fees while you start getting settled in Canada.1
All in One Place - TD Mobile App
Manage your accounts, send money, pay bills and deposit cheques with the TD App.16
Support in your language, across Canada
Get help in over 80 languages and bank through a network of 1,000+ branches and 2,500+ ATMs nationwide.17
Earn and share referral rewards
Get a $50 referral reward when referred by an eligible TD customer. Then refer eligible newcomers and earn rewards too.15
Frequently asked questions
The total value combines the core chequing offer with optional product offers and benefits. You can choose the eligible offers that meet your needs.
| What you get | What it includes | Value |
|---|---|---|
| TD Unlimited Chequing Account | Up to 24 months with no monthly account fees | Up to $430 |
| Chequing Account Cash Offer | Cash bonus when you complete the qualifying activities | Up to $700 |
| TD Cash back Visa Card/ Aeroplan Visa Platinum Credit Card | Welcome offer and first-year annual fee rebate | Up to $524 |
| TD Savings Account | Estimated value of 4.00% bonus interest for 90 days | Up to $100 |
| TD Global Transfer | Fee rebates on eligible international money transfers | Up to $105 |
| TD Direct Investing | 10 commission-free trades and first-year maintenance fee rebate | Up to $200 |
| Refer-a-Friend Program | Cash reward when you're referred by an eligible TD customer | Up to $50 |
| First Home Savings Account (FHSA) or Pre-Authorized Purchase Plan (PPP) | 2% cash back on eligible contributions | Up to $150 |
* Bundle offer: Earn an additional $150 cash when you meet the bundle criteria by opening eligible Chequing, Savings and Credit Card products and completing the required activities within the applicable timelines.
You're eligible for the New to Canada Banking Package if you are:
- A Permanent Resident or Temporary Resident for 5 years or less (with proof of status)
- Not a tourist or visitor
- Age of majority in your province or territory of residence
Yes. If you currently bank with another Canadian Financial institution, you are still eligible to switch your banking to TD and claim the newcomers package, provided you meet the 5 year arrival requirement and are a new TD Chequing customer. Other conditions may apply.
1) Please bring one of the following pieces of residency identification:
- Permanent Resident Card
- Immigrant Visa and Record of Landing (IMM Form #1000)
- Confirmation of Permanent Residence (IMM Form #5292/5688) OR Temporary Work Permit (IMM Form #1442/1102) OR Study Permit (IMM Form #1208)
2) One of the following documents:
- A valid passport
- Canadian Driver’s License
- Canadian Government ID Card
International Students are also required to provide Proof of enrollment in a post-secondary program. The document provided must have been issued by the school and contain the following information: Student Name, Name of University or College, Program and current year of study.
Note: Other identification documents may be accepted or required. Please contact us for more details.
The additional year of monthly account fee rebates is available to eligible customers who meet the qualifying requirements of the TD New to Canada Banking Package and the TD Unlimited Chequing Account offer, starting November 3rd , 2026. Customers enrolled in the package prior to November 3rd, 2026 are not eligible for the 2nd year of no monthly account fees Please visit a TD branch or contact us to discuss your eligibility and advice for the most the appropriate account for your needs.
Yes, you can send money internationally with TD Global Transfer through the TD app or Easyweb. New to Canada customers who meet the offer conditions may receive eligible TD Global Transfer fees back for up to 12 months. Foreign exchange, third-party and recipient-bank fees may still apply.
If you currently live in China or India:
You can call us to help you set up an account. However, you will have 75 days from your initial set up to visit a TD branch to activate your TD bank account.
Make sure you have your Canadian Immigration Visa ready when you call.
China: call collect 1-855-537-5355
India: call collect 416-351-0613
Once you arrive in Canada, visit a TD branch to activate your new bank account.
If you live in any other country:
You must first arrive in Canada and then book an appointment to open an account at your local TD branch.
A credit card can help you begin building Canadian credit history when used responsibly. Eligible newcomers may qualify for a TD credit card without Canadian credit history. Subject to credit approval, you could receive a credit limit of up to $15,000 based on financial information such as your verifiable income and any available credit history.