1New merchants can earn 1% cash back on eligible net volume (valid gross sales minus any returns) processed during the month their merchant account was approved and the first two full statement cycles following the month the account was approved (maximum of 3 calendar months). The maximum 1% cash back is capped at $300. For example, if you processed $15,000 in eligible net volume during the first 3 months, you would earn $150 cash back. Offer is available to any new merchant account that is opened from 7/01/2022 through 9/30/2022 and that meets the additional conditions below.
Additional Conditions: Offers only available to new TD Merchant Solutions customers. Merchant must sign a 3-year Merchant Solutions Processing Agreement. The 1% Cashback offer will be rebated to merchants as a statement credit in the Merchant’s Settlement Account, the month following the month in which qualifying transactions are processed. Merchant’s Settlement Account must be a TD Bank Business checking account. No payments will be made if both the Merchant Account and the Merchant Settlement Account are not open and in good standing at the time such bonus offer is calculated and paid. Merchant must begin processing through their Merchant Solutions account during the first three months the account is opened. TD Merchant Solutions will determine qualifying eligible net volume in its sole discretion (e.g., returns, chargebacks, etc. will not be included).
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3Next-business-day funding: Fees may apply for optional services. For merchants with a TD Bank settlement account and TD Bank's standard payment processing setup, funds will be available in the settlement account by 6 AM ET on the next business day. Availability may vary based on merchant-selected payment processing gateway and other chosen services, including but not limited to, the use of non-TD Bank settlement account.
4The Clover trademark and logo are owned by Clover Network, Inc., a First Data company.
5Clover App Market is a copyright of Clover Network, Inc., a First Data company. TD Bank, N.A. does not provide and are not responsible for third party software or applications, including those offered by Clover. Clover software, applications and other third party applications that may be available through Clover or in the App Market are subject to the terms and conditions of the developer and may include additional fees subject to change at any time. Those software and App Market application fees are disclosed in the Clover App Market or your Clover dashboard and are in addition to the TD Bank Merchant Solutions fees listed within your Agreement.
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