TD New to Bank Offer (Terms and Conditions)
Calculating up to $700 in Cash
§ Up to $700 in value is calculated as follows: Offer 1) $450 cash + Offer 2) $50 cash + Offer 3) $200 cash based on $10,000 new deposit balance = $700 total cash value.
Offer 1) Earn $450 in cash when you open a new TD All-Inclusive Banking Plan or TD Unlimited Chequing Account ("New Chequing Account") by November 5, 2025, and complete the qualifying criteria in accordance with Offer 1 below.
Offer 2) Earn $50 in cash by opening a New Chequing Account and open a new TD ePremium Savings Account, TD Every Day Savings Account, or TD GrowthTM Savings Account (each a "New Savings Account"), or a High Interest TFSA Savings Account (“TFSA HISA”) within a TD Canada Trust TFSA, within 30 days of the New Chequing Account opening, and complete the qualifying criteria in accordance with Offer 2 below.
Offer 3) Earn $200 in cash based on a $10,000 new savings deposit balance, by opening a New Chequing Account and open a new TD ePremium Savings Account, TD Every Day Savings Account, or TD Growth Savings Account (each a "New Savings Account"), or a High Interest TFSA Savings Account (“TFSA HISA”) within a TD Canada Trust TFSA, within 30 days of the New Chequing Account opening, and complete the qualifying criteria in accordance with Offer 3 below.
All amounts are in Canadian dollars unless otherwise noted. Other conditions may apply.
Offer 1: Chequing Account $450 Cash
† The $450 cash offer is available to Canadian residents that are the age of majority at time of account opening in their province or territory. To earn $450 in cash, you must:
a. Open a new TD All-Inclusive Banking Plan or TD Unlimited Chequing Account ("New Chequing Account") between May 29, 2025 to November 5, 2025.
b. Complete any two of the following with the New Chequing Account:
- Set up a recurring Direct Deposit from an employer, pension provider or government with the first deposit posted to the New Chequing Account before January 9, 2026. The Direct Deposit must occur either weekly, biweekly, monthly, or twice per month. Whether or not a recurring Direct Deposit is acceptable for this offer is subject to our approval.
- Make an Online Bill Payment through TD EasyWeb or the TD app (minimum $50) before January 9, 2026.
- Set up a recurring Pre-Authorized Debit (minimum $50) with the first Pre-Authorized Debit posted to the New Chequing Account before January 9, 2026. Pre-authorized Debit must occur either weekly, biweekly, monthly, or twice per month. Learn more about Pre-Authorized Debits
The following are not eligible for the $450 cash offer:
a) Customers who already have an existing TD Chequing Account (other than a U.S. Dollar Account) as of May 28, 2025;
b) Customers who had a TD Chequing Account (other than a U.S. Dollar Account) that was closed on or after May 29, 2024;
c) Customers who open a New Chequing Account on or after May 29, 2025, but change the account to a type other than the TD All-Inclusive Banking Plan or TD Unlimited Chequing Account before this offer is fulfilled;
d) Customers who received any TD Chequing Account offers from TD in 2023, 2024, 2025; or
e) TD staff members or any TD customers who have a joint account with a TD staff member.
For any New Chequing Account that is a joint account, at least one account holder must meet the eligibility requirements.
Limit of one $450 cash offer per New Chequing Account. Limit of one $450 cash offer per customer.
The $450 cash will be deposited to the New Chequing Account within 12 weeks after all required conditions have been met, provided that the New Chequing Account is still open, in good standing, and all conditions continue to be met at the time of fulfillment. The monthly fee for the New Chequing Account cannot have been waived or rebated for any reason, other than maintaining the minimum monthly balance, receiving a seniors' rebate, or receiving the New to Canada 12-month fee waiver on the TD Unlimited Chequing Account, before the $450 cash is deposited into the New Chequing Account.
We can change, extend, or withdraw this offer at any time, and it cannot be used in conjunction with any other offer or discount for the same product, except the New to Canada Banking Package.
For information about transactions and a complete list of account fees, see About Our Accounts and Related Services.
Offer 2: Savings Account $50 Cash
◊ The $50 cash offer is available to Canadian residents that are of the age of majority at time of account opening in their province or territory. To earn $50 in cash, you must:
(a) Open a TD All-Inclusive Banking Plan or a TD Unlimited Chequing Account ("New Chequing Account") between May 29, 2025 to November 5, 2025, and
(b) Open a new TD ePremium Savings Account, TD Every Day Savings Account, or TD Growth Savings Account (each a "New Savings Account"), or a High Interest TFSA Savings Account (“TFSA HISA”) within a TD Canada Trust TFSA, within 30 days of the New Chequing Account opening, and
(c) Complete one of the following with the New Savings Account or TFSA HISA :
- Set up a pre-authorized transfer service with the first transaction processed within 30 days of the New Savings Account or TFSA HISA opening. The pre-authorized transfer service must occur either weekly, biweekly, monthly, or twice per month.
- Set up Simply Save with the first transaction processed within 30 days of the New Savings Account or TFSA HISA opening.
The following are not eligible for the $50 cash offer:
a) Customers who already have an existing TD Chequing Account (other than a U.S. Dollar Account) as of May 28, 2025;
b) Customers who had a TD Chequing Account (other than a U.S. Dollar Account) that was closed on or after May 29, 2024;
c) Customers who open a New Chequing Account on or after May 29, 2025, but change the account to a type other than the TD All-Inclusive Banking Plan or TD Unlimited Chequing Account before this offer is fulfilled;
d) Customers who already have an existing TD Savings Account, TD Canada Trust Tax-Free Savings Account, TD Mutual Funds Tax-Free Savings Account, or TD Multi-Holding Tax-Free Savings Account as of May 28, 2025;
e) Customers who had a TD Savings Account, TD Canada Trust Tax-Free Savings Account , TD Mutual Funds Tax-Free Savings Account, or TD Multi-Holding Tax-Free Savings Account that was closed on or after May 29, 2024;
f) Customers who received any Savings Account or TFSA HISA offer from TD in 2023, 2024, 2025; or
g) TD staff members or any TD customers who have a joint account with a TD staff member.
For any New Savings Account or New Chequing Account that is a joint account, at least one account holder must meet the eligibility requirements.
Limit of one $50 cash offer per New Savings Account or TFSA HISA. Limit of one $50 cash offer per customer.
The $50 cash offer will be deposited (in the account specified below) within 12 weeks after all required conditions have been met, provided that the New Chequing Account and the New Savings Account or TFSA HISA are still open, in good standing, and all conditions continue to be met at the time of fulfillment. If an eligible customer has a New Savings Account, the $50 cash offer will be deposited into the New Chequing Account. If an eligible customer has a TFSA HISA but does not also have a New Savings Account at the time of fulfillment, the $50 cash offer will be deposited into the TFSA HISA.
We can change, extend, or withdraw the cash offer at any time.
For information about transactions and a complete list of account fees, see About Our Accounts and Related Services.
Offer 3: Savings Deposit Offer
∞ The Savings Deposit Offer is available to Canadian residents that are the age of majority at the time of account opening in their province or territory. To earn between $200 to $2,400 in cash, you must:
(a) Open a TD All-Inclusive Banking Plan or a TD Unlimited Chequing Account ("New Chequing Account") between May 29, 2025 to November 5, 2025, and
(b) Open a new TD ePremium Savings Account, TD Every Day Savings Account, or TD Growth Savings Account (each a "New Savings Account"), or a High Interest TFSA Savings Account (“TFSA HISA”) within a TD Canada Trust TFSA, within 30 days of the New Chequing Account opening, and
(c) Deposit or transfer a minimum of $10,000 or more directly into the New Savings Account or TFSA HISA from another financial institution(s) within 30 days, in the case of a New Savings Account opening, or within 60 days in the case of a TFSA HISA opening, and maintain the balance for 120 days (the "Qualifying Deposit"), subject to the following:
i. If a customer withdraws or transfers any part of the Qualifying Deposit during the 120-day period, the amount of the Qualifying Deposit will be reduced accordingly. Should this adjustment cause the Qualifying Deposit to fall below the required minimum of $10,000, the customer will be ineligible for the offer.
ii. If a customer opens both a New Savings Account and TFSA HISA, or multiple New Savings Accounts and/or multiple TFSA HISAs, within 30 days of the New Chequing Account opening, the Qualifying Deposits in the New Savings Account(s) and/or TFSA HISA(s) cannot be combined, and the amount of the Qualifying Deposit will instead be based solely on the New Savings Account or TFSA HISA with the greatest Qualifying Deposit.
iii. If any part of the Qualifying Deposit is being transferred directly from another financial institution(s), all funds must be received from the other financial institution(s) by TD and deposited into the account within 30 days, in the case of a New Savings Account, or within 60 days in the case of a TFSA HISA.
iv. For greater certainty, funds originating from an account held at TD, including, but not limited to, transfers originating from account(s) held at TD and cash withdrawn from another TD account, do not count towards the Qualifying Deposit.
The following are not eligible for the Savings Deposit Offer:
a. Customers who already have an existing TD Chequing Account (other than a U.S. Dollar Account) as of May 28, 2025;
b. Customers who already had a TD Chequing Account (other than a U.S. Dollar Account) that was closed on or after May 29, 2024;
c. Customers who open a New Chequing Account on or after May 29, 2025, but change the account to a type other than the TD All-Inclusive Banking Plan or TD Unlimited Chequing Account before this offer is fulfilled;
d. Customers who already have a TD Savings Account, TFSA HISA, TD Mutual Funds Tax-Free Savings Account, or TD Multi-Holding Tax-Free Savings Account as of May 28, 2025;
e. Customers who had a TD Savings Account, TFSA HISA, TD Mutual Funds Tax-Free Savings Account, or TD Multi-Holding tax Free Savings Account that was closed on or after May 29, 2024;
f. Customers who received any TD Savings Account or TFSA HISA offer from TD in 2023, 2024, 2025; or
g. TD staff members or any TD customers who have a joint account with a TD staff member.
At the end of the 120-day period, the amount of the Savings Deposit Offer (maximum $2,400) will be determined according to the amount of the Qualifying Deposit at that time, based on the following chart:
Qualifying Deposit
|
Cash Offer
|
$10,000.00 to $24,999.99
|
$200.00
|
$25,000.00 to $49,999.99
|
$300.00
|
$50,000.00 to $99,999.99
|
$600.00
|
$100,000.00 to $199,999.99
|
$1,200.00
|
$200,000.00+
|
$2,400.00
|
Limit of one Savings Deposit Offer per eligible account. Limit of one Savings Deposit Offer per customer. The Savings Deposit Offer is limited to a maximum of $2,400.
For any New Savings Account or New Chequing Account that is a joint account, at least one account holder must meet the eligibility requirements.
The Savings Deposit Offer will be deposited (in the account specified below) within 12 weeks after all required conditions have been met, provided that the New Chequing Account and the New Savings Account or TFSA HISA are still open, in good standing, and all conditions continuing to be met at the time of fulfillment. If an eligible customer has a New Savings Account, the Savings Deposit Offer will be deposited into the New Chequing Account. If an eligible customer has a TFSA HISA but does not also have a New Savings Account at the time of fulfillment, the Savings Deposit Offer will be deposited into the TFSA HISA.
There may be tax implications associated with the cash offer. Customers should consult with their personal tax advisor for more information. Customers are solely responsible for ensuring that no contribution to their new TFSA HISA exceeds their contribution limits under the applicable tax legislation.
We can change, extend, or withdraw this offer at any time.
For information about transactions and a complete list of account fees, see About Our Accounts and Related Services.
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