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TD Overdraft Relief1
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How Overdraft Services Work1
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Standard Overdraft Service1
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TD Debit Card Advance*1
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Savings Overdraft Protection1
How TD Overdraft Relief works1
- 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 - 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 - 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 - 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
- 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 - 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 - 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 - 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 Protection1.
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.
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 Overdraft Relief options work in day-to-day banking
Standard Overdraft Service
Don't forget, every TD Beyond Checking account features Overdraft Payback, which automatically reimburses your first 2 overdraft fees per calendar year.4
TD Debit Card Advance*
Savings Overdraft Protection
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.
Standard Overdraft Service1
TD Debit Card Advance*1
Savings Overdraft Protection1
Standard Overdraft Service1
TD Debit Card Advance*1
Savings Overdraft Protection1
Standard Overdraft Service1
TD Debit Card Advance*1
Savings Overdraft Protection1
Standard Overdraft Service1
TD Debit Card Advance*1
Savings Overdraft Protection1
Standard Overdraft Service1
We don’t want to leave you hanging—our Standard Overdraft Service is included with most checking accounts.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 - $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 service which links your accounts to cover transactions up to your available balance - 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
Balance alerts
TD Debit Card AdvanceSM*1
For when the unexpected happens—enroll in this option and we may authorize and pay one-time debit card or ATM transactions.
- Your choice
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 - $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
Balance alerts
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 Market 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
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 AdvanceSM, 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 AdvanceSM 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.
†By clicking on this link you are leaving our website and entering a third-party website over which we have no control.
Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is responsible for the content of third-party sites hyper-linked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third-party sites.
Third-party sites may have different Privacy and Security policies than TD Bank US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.
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.
2Whether 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. You are obligated to pay overdrafts immediately.
3This service does not completely eliminate Overdraft and Overdraft Return fees. We understand that some Customers prefer not to have any checks or other debits paid beyond their available checking account balance, even if that means having a check returned and incurring an Overdraft-Return fee. We will decline your payment with no fee when the preauthorization would result in insufficient funds. We may charge an Overdraft-Paid fee if the payment is preauthorized against sufficient funds but later exceeds the available balance because of an intervening transaction. This does not eliminate fees from transactions posted against unavailable deposits.
4Overdraft Payback automatically reimburses the first two overdraft fees (paid or returned) incurred within a calendar year (January – December); max $70 per calendar year.
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 AdvanceSM, 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 AdvanceSM 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.
†By clicking on this link you are leaving our website and entering a third-party website over which we have no control.
Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is responsible for the content of third-party sites hyper-linked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third-party sites.
Third-party sites may have different Privacy and Security policies than TD Bank US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.
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.
2Whether 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. You are obligated to pay overdrafts immediately.
3This service does not completely eliminate Overdraft and Overdraft Return fees. We understand that some Customers prefer not to have any checks or other debits paid beyond their available checking account balance, even if that means having a check returned and incurring an Overdraft-Return fee. We will decline your payment with no fee when the preauthorization would result in insufficient funds. We may charge an Overdraft-Paid fee if the payment is preauthorized against sufficient funds but later exceeds the available balance because of an intervening transaction. This does not eliminate fees from transactions posted against unavailable deposits.
4Overdraft Payback automatically reimburses the first two overdraft fees (paid or returned) incurred within a calendar year (January – December); max $70 per calendar year.