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Hey teens! You're going to love this account

Pick up school supplies, chip in for pizza – and bank with ease.

Get unlimited transactions with your TD Student Chequing Account, including free Interac e-Transfer® transactions, for no monthly fee with no minimum balance required.

You’ll earn interest on every dollar in your account too, so you could have more money for what’s important to you.

Visit a branch to
open an account

Access your account, your way

Use your TD Access Card to withdraw money from TD ATMs and shop online or in stores. Add your card to your smartphone’s digital wallet to pay on-the-go.

Enjoy the perks of having your own bank account

With the TD Student Chequing Account, you get the benefits of banking and earning interest on every dollar in your account. 

Why you’ll love your account

  • Enjoy the freedom of your own TD Access Card

    Use your card to shop securely online and in store. Add your TD Access Card to your smartphone’s digital wallet to pay on-the-go.

  • Send & receive money from friends and family 

    Use Interac e-Transfer® with no fees when you want to chip in for pizza with your friends or request money from your parents 

  • Watch your money grow

    Earn interest on every dollar in your account. This can help you build your savings and get a jump on creating good financial habits.

  • The account that grows with you 

    Keep this account with no monthly fee until age 23. After 23, proof of enrollment in full-time post-secondary education is required. 

Account access that can fit your needs

There are different levels of parental oversight, depending on your needs and your child's age. You can choose to open a Joint Account, a Single Account, or an account with Signing Authority. Whatever you decide, we’ve got you covered. 

  • Parents of kids under age 12 

    • Open the account with your child at a TD branch 
    • Account access options: Joint Account or an account with Signing Authority 


  • Youth aged 12+ 

    • Open an account on your own or with a parent or legal guardian at a TD Branch
    • Account access options: Joint Account, Single Account or an account with Signing Authority

If you're the age of majority in your province or territory of residence and in school, check out the student banking offer.

New to Banking? Start here.

Building good money habits today can give you a financial head start for tomorrow. We’ve shared some quick tips below to help you get started. 

A few banking basics

  • Chequing accounts are for day-to-day transactions while Savings accounts can help you achieve short and long-term saving goals.
  • Make a budget to help balance both spending and saving – and track where your money goes each month.
  • Keep your PIN and passwords secret.

Why bank with TD

  • Get access to your account online through the TD app2

     Use the TD app and discover how convenient managing your money can be, on your terms, from anywhere and at anytime.

  • Fraud protection at your fingertips

    With TD Fraud Alerts, you'll receive instant text messages notifying you if we detect suspicious activity on your TD Access Card.

  • Requesting money from your parents got easier

    Parents can send you money like your allowance via Interac e-Transfer® or the TD app.  

  • Track your spending and savings

    Use the TD MySpend app3 to track how much money you’re spending and saving, and see how those transactions can impact your goals

Frequently Asked Questions

A bank account can be a safe place to keep your money.

It's easy to deposit allowances from parents, birthday money, and to send and receive money from family and friends with Interac e-Transfer®.

You also can deposit your pay from a part-time job, if you have one (check with your employer to see if you can set up direct deposit).

You can use a bank account to pay for things like your cell phone bill and streaming subscriptions.

You will also get a TD Access Card (also known as a debit card) to access your money from your TD Canada Trust bank account. 

Kids who are 12 years old and older can open a TD Student Chequing Account without a parent or legal guardian.

They will need one (1) valid photo ID, such as a valid passport or Canadian government-issued photo ID, like a driver's license (if they have one) or permanent resident card.

Find out what else to bring to the appointment.

You can use your TD Access Card (also known as a debit card) to get cash from your TD Canada Trust bank account at any TD ATM for free, or from a non-TD ATM for a fee.

You can also shop securely in-store or online (wherever Visa* is accepted), make in-app purchases, and tap to pay in-store with Interac Flash®. 

We have tools to protect your private information and reduce risk of fraud.

With TD Fraud Alerts, you'll receive a text message to the mobile phone number on file if we detect any suspicious activity on your account. And it's available at no cost. 

TD will never email or call you asking for passwords, account numbers or PINs.

Check out ways to protect yourself online

Create a budget. Figure out how much money you have coming in, such as allowances from parents, or maybe from a part-time job. Then subtract your expenses – things you have to pay for, like cell phone bills, music subscriptions, and a little bit of spending money.

Use the TD MySpend app to help track your daily and monthly spending and saving and create a wishlist of savings goals.

Start using your TD Student Chequing Account to earn interest on every dollar on the money you keep in your account. 

There are different levels of parental oversight: a Joint Account, an account with Signing Authority, or a Single Account  

If the bank account is Joint, then all account holders have full access to the account and can make transactions.

Or if the parent or legal guardian has Signing Authority, and the child is under the age of majority in their province or territory of residence, then the parent or legal guardian will have access to the bank account and will be able to withdraw money. Once the Youth reaches the age of majority in their province or territory of residence, the parent or legal guardian will no longer have access to the account.

However, if it is a Single Account, then only the named account holder (Youth) will have access to their account. Your parent or legal guardian does not have access and cannot withdraw money from your bank account. This account access option is available to those 12+ years old.