TD Bank Overdraft Relief1


Life happens—and so do overdrafts. With TD Overdraft Relief, you have options for what happens when you don't have enough funds in your checking account1 to cover your transactions. And we're evolving our services to give you even more flexibility—now there's no fee if you overdraw by $50 or less.

How TD Overdraft Relief works1

  1. What is an overdraft fee?
    An overdraft occurs when your available balance is not sufficient to cover a transaction. There is a $35 fee per overdraft up to 3 overdraft fees per day per account

  2. How do overdrafts happen?
    An overdraft2 occurs when your available balance is not sufficient to cover a transaction. If you overdraw your available balance in your checking account1 by $50 or less, we won't charge you an overdraft fee. Find more about posting order in your account guide

  3. What are overdraft services?
    They're the options you have for how you want TD Bank to manage your checking account1 in the case of an overdraft, including Standard Overdraft Service, TD Debit Card AdvanceSM and Savings Overdraft Protection

  4. What should I do if my account is overdrawn?
    If your account is overdrawn, you will want to deposit or transfer enough money to bring your account to $0 or above as soon as possible in order to keep your account in good standing
  1. How can I avoid overdraft fees?
    Minimize your overdraft risk by choosing Decline All3. We'll do our best to stop any transaction that would overdraft your account by declining transactions

  2. Looking for an account with no overdraft fees or services?
    TD Essential Banking is a great starter account that only allows you to spend your available balance

  3. Are there tools to help track my spending?
    Keep track of your account activity and balance with the TD Mobile Banking App. You can also set up custom e-mail alerts at different balance levels like $500, $300 and $100 to help you monitor spending

  4. What if I am a TD Bank Small Business customer?
    TD Bank Small Business Checking account customers also have overdraft options for their business accounts. Refer to the Tips to Help You Manage Your Business Account for more information

What are my overdraft options?1

Our Standard Overdraft Service1 is included with most Checking accounts. You can add TD Debit Card AdvanceSM*1 and/or Savings Overdraft Protection.

Not sure which overdraft services are right for you? Explore your options with our interactive tool and see which overdraft options work for your banking needs.

Help me choose

  • Standard Overdraft Service1

    I want TD to decline my debit card purchases at time of transaction if I do not have sufficient funds.

    This service is included with your account.1 We may, at our discretion, authorize items such as recurring debit card transactions, ACH and checks into overdraft and decline one-time debit/ATM transactions.

  • TD Debit Card Advance*1

    I want TD to pay my debit card purchases at time of transaction even if I have insufficient funds.

    When you enroll in this service1, we may authorize one-time debit card and ATM transactions when funds are unavailable in your account. A fee may apply.

    Coverage is in addition to Standard Overdraft Service.1

  • Savings Overdraft Protection1

    I want to use the funds in my savings to cover my checking account transactions in overdraft situations.

    Savings Overdraft Protection is an optional service that links to a TD savings or money market account to cover transactions up to your available balance.1 A fee may apply.

How TD Bank overdraft options work in day-to-day banking

Find out more about how each overdraft service works with your TD Checking account.1

  • Standard Overdraft Service1

    Each overdraft transaction, paid or returned, will cost $35. There's a maximum of 3 overdraft fees per day per account.

    Don't forget, every TD Beyond Checking account features Overdraft Payback, which automatically reimburses your first 2 overdraft fees per calendar year.2

  • TD Debit Card Advance*1

    Each overdraft transaction costs $35. There's a maximum of 3 overdraft fees per day per account.

  • Savings Overdraft Protection1

    A transfer will occur provided there are enough funds to cover the overdraft transactions. No transfer fee will be assessed for TD Beyond Checking accounts. If there are insufficient savings account funds, the standard overdraft service fee of $35 per transaction applies. There's a maximum of 3 overdraft fees per day per account.


Your automatic monthly car payment is scheduled and you don’t have enough money in your account. What happens?

  • Standard Overdraft Service1

    The payment will be considered for payment by TD Bank, and if approved, you will be charged $35. If returned, you will be charged $35. There's a maximum of 3 overdraft fees per day per account.

  • TD Debit Card Advance*1

    Because this is not a one-time debit card or ATM transaction, your Standard Overdraft Service would apply.

  • Savings Overdraft Protection1

    If there is enough money in your linked TD Savings or Money Market account, it will be pulled over if funds are unavailable in the checking account at the end of the day. There is a $3 daily transfer fee. You will not be charged an overdraft fee.


The only time you can grocery shop this week is Thursday, but you don’t get paid until Friday. You want to use your debit card for this one-time purchase. What happens?

  • Standard Overdraft Service1

    Your debit card will be declined.

  • TD Debit Card Advance*1

    Your purchase will be considered for payment by TD Bank and if approved, you will be charged $35. There's a maximum of 3 overdraft fees per day per account.

  • Savings Overdraft Protection1

    If your account is overdrawn at the end of the day, and there is enough money in your linked TD Savings or Money Market account, a transfer will be made and a $3 daily transfer fee will apply. You will not be charged an overdraft fee.


You stop at the ATM to get cash only to find you have a negative balance. What happens?

  • Standard Overdraft Service1

    Your ATM transaction will be declined.

  • TD Debit Card Advance*1

    TD Bank will consider this ATM transaction for payment and if approved, you will be charged $35. There's a maximum of 3 overdraft fees per day per account.

  • Savings Overdraft Protection1

    If your account is overdrawn at the end of the day, and there is enough money in your linked TD Savings or Money Market account, a transfer will be made and a $3 daily transfer fee will apply. You will not be charged an overdraft fee.


  • Standard Overdraft Service1

    No additional account or enrollment needed, this service is automatic when you open a TD Checking account.1

  • TD Debit Card Advance*1

    No additional account is needed. You must enroll in TD Debit Card Advance*1, and you can do that through Online Banking or in person at a TD Bank near you.

  • Savings Overdraft Protection1

    You need a TD Savings or Money Market account to enroll in Savings Overdraft Protection.1 You can enroll in person at a TD Bank near you.


  • Standard Overdraft Service1

    This costs $35 for each overdraft transaction paid or returned. There is a maximum of 3 overdraft fees per day per account.

  • TD Debit Card Advance*1

    This costs $35 for each overdraft transaction. There is a maximum of 3 overdraft fees per day per account.

  • Savings Overdraft Protection1

    This costs $3 per daily transfer, provided there are enough funds to cover the overdraft transactions. If there are insufficient savings account funds, the standard overdraft service fee of $35 per transaction applies. There is a maximum of 3 overdraft fees per day per account.

Standard Overdraft Service1

We don’t want to leave you hanging—our Standard Overdraft Service is included with most checking account.1

  1. What's included with Standard Overdraft Service
    Our Standard Overdraft Service may allow ACH payments, recurring debit transactions and personal checks to go through for a fee when you're short on funds

  2. $35 fee per overdraft
    No overdraft fee applies on transactions that overdraw your available balance by $50 or less

  3. 3 maximum fees per day per account
    Your daily overdraft charges are limited

  1. Add Savings Overdraft Protection1
    If you have a TD Savings or Money Market account, you can enroll in this service which links your accounts to cover transactions up to your available balance

  2. Add TD Debit Card AdvanceSM*1
    Opt in to TD Debit Card AdvanceSM*1 and we may cover one-time charges to your debit card or ATM transactions, even if you're out of cash. But heads up—there might be a fee

Make the most of your account

TD Debit Card AdvanceSM*1

When you enroll in this option, we may authorize and pay one-time debit card or ATM transactions.

  • Your choice
    TD Debit Card Advance* is optional with your checking account1 and requires enrollment. If you don’t enroll, ATM and one-time debit card transactions will be declined (and no fee assessed) if funds are not available
  • $35 fee per overdraft
    No overdraft fee applies on transactions that overdraw your available balance by $50 or less
  • 3 maximum fees per day per account
    Your daily overdraft charges are limited
  • Add Savings Overdraft Protection1
    If you have a TD Savings or Money Market account, you can enroll in this optional service that links your accounts to cover transactions up to your available balance

How to sign up for TD Debit Card Advance*1

Enrollment is required for TD Debit Card Advance.* Once your checking account is enrolled1, the service is available the next business day. You continue to use your debit card as usual, and in the event that you do not have enough funds, one-time debit card purchases and ATM transactions will be considered for payment.

If you don't enroll, all ATM and one-time debit card purchases will be declined at the time of transaction and no fees will be assessed.

Enroll online, in person or over the phone.

Make the most of your account

Savings Overdraft Protection1

When you have the cash—it's just not in the right spot.

  • Link your checking account1 to your TD Savings or Money Account
    Choose this optional service and we'll automatically transfer cash from your linked savings account to cover overdrafts for a small fee
  • Cover transactions up to your combined available balance
    If your checking account available balance is negative at the end of the day, money will be automatically transferred from your linked savings or money market account to your TD Checking account1
  • Enroll for coverage
    Savings Overdraft Protection is optional and requires enrollment. There is no annual fee and no credit approval
  • $3 per day when a transfer is made
    Transfer charges apply when funds are transferred to the linked checking account. Standard overdraft fees apply for overdrawn payments beyond your joint available balance
 

How to sign up for Savings Overdraft Protection1

To enroll in Savings Overdraft Protection, you must:

  • Be a current TD Bank customer with a personal checking account1, plus a TD Savings or Money Market Account
  • Enroll in person at your local TD Bank

Make the most of your account


If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.

*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you are permitting us to authorize and pay ATM and one-time debit card transactions when you do not have enough money available in your account to cover the transaction. A $35 fee applies to each transaction that overdraws your available account balance by more than $50, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 3 fees per day per account). You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.

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1Overdraft Services do not apply to TD Essential Banking Accounts. We may decline or return transactions that would result in an overdraft. Transactions that you make may cause your Account to overdraw but we will not assess your TD Essential Banking Account an overdraft fee or return item fee. For example, preauthorized transactions and other transactions may post to your Account even when the balance in your Account is not sufficient to pay the transaction.

2Overdraft Payback automatically reimburses the first two overdraft fees (paid or returned) incurred within a calendar year (January – December); max $70 per calendar year.

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