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TD Bank Overdraft Services
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How Overdraft Services Work
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Standard Overdraft Service
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TD Debit Card Advance*
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Savings Overdraft Protection
How overdraft services work
- What is an overdraft fee?
An overdraft fee is assessed when funds are not available in your TD Checking account and TD Bank pays for or returns a transaction - How do overdrafts happen?
If transactions exceed your available balance by more than $5, you may incur overdraft fees. All transactions are processed at the end of each day. Find more about posting order in your account guide - What are overdraft services?
They're the options you have for how you want TD Bank to manage your checking account in the case of an overdraft, including Standard Overdraft, TD Debit Card AdvanceSM and Savings Overdraft Protection
- What is Savings Overdraft protection?
It covers transactions when funds are unavailable in your TD Checking account by transferring funds (if available) from a linked savings or money market account. If funds are transferred, a fee may apply. - How can I avoid overdrafts?
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
What are my overdraft options?
Standard Overdraft Service
It is an automatic service that considers all transactions for payment at TD's discretion.
Exception: ATM and one-time debit card transactions that exceed available funds will be declined.
TD Debit Card Advance*
It is a discretionary overdraft service that allows TD Bank to authorize and pay ATM and one-time debit card transactions that exceed available funds
Coverage is in addition to Standard Overdraft Service.
Savings Overdraft Protection
It is an optional service that links your checking account to a savings or money market account to cover transactions up to your available balance.
How TD Bank overdraft options work in day-to-day banking
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
Standard Overdraft Service
Standard Overdraft Service is an automatic service.
- Applies automatically
This service comes standard on your account. When funds are not available in your account, TD Bank may pay most transactions, except ATM and one-time debit card transactions - $35 fee per overdraft
No overdraft fee applies on transactions that overdraw your available balance by $5 or less1 - 5 maximum fees per day
Your daily overdraft charges are limited
- Add Savings Overdraft Protection
If you have a TD Savings or Money Market account, you can enroll in overdraft protection which links your accounts to cover transactions up to your available balance - Add TD Debit Card AdvanceSM*
By enrolling in this discretionary overdraft service you're allowing TD Bank to authorize and pay ATM and one-time debit card transactions, when there's not enough money in your account to cover the transaction
Make the most of your account
Balance alerts
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
TD Debit Card AdvanceSM*
TD Debit Card Advance* is a discretionary overdraft service.
- Add discretionary overdraft service
In addition to your Standard Overdraft coverage, it allows TD Bank to authorize and pay ATM and one-time debit card transactions when there's not enough money in your account to cover the transaction - Your choice
TD Debit Card Advance* is optional 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 $5 or less1
- 5 maximum fees per day
Your daily overdraft charges are limited - Add Savings Overdraft Protection
If you have a TD Savings or Money Market account, you can enroll in this optional protection that links your accounts to cover transactions up to your available balance
How to sign up for TD Debit Card Advance*
Enrollment is required for TD Debit Card Advance.* Once enrolled, 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
Balance alerts
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
Savings Overdraft Protection
Savings Overdraft Protection is an optional protection.
- Link to your TD Savings or Money Market to cover overdrafts
If your checking account available balance is negative at the end of the day, money will be automatically transferred from the linked savings or money market account to your TD Checking account - Cover transactions up to your combined available balance
The available balance in your TD Savings or Money Market Account must cover the overdraft amount, plus the transfer fee - Enroll for coverage
Savings Overdraft Protection is optional, and requires enrollment. There is no annual fee and no credit approval
- $10 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 - Add TD Debit Card AdvanceSM*
When Savings Overdraft Protection isn't enough to cover a potential overdraft plus transfer fee, enrolling in this discretionary overdraft service will allow TD Bank to authorize and pay ATM and one-time debit card transactions, when there's not enough money in your account to cover the transaction
How to sign up for Savings Overdraft Protection
To enroll in Savings Overdraft Protection, you must:
- Be a current TD Bank customer with a personal checking account, plus a TD Savings or Money Market Account
- Enroll in person at your local TD Bank
Make the most of your account
Balance alerts
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
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 $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 5 fees per day). 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.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.