| Max Bonus | $500 ($300 Checking + $200 Savings) |
| Direct Deposit | $500 (Complete) or $2,500 (Beyond) within 60 days |
| Monthly Fee | $15 or $25 (Both easily waived with minimum daily balance) |
| Availability | CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA |
| Credit Check | Soft Pull |
| ChexSystems | No |
| CC Funding | None (Will code as a cash advance) |
| Early Closure | 6 months (Bonus clawed back if closed early) |
| Expiration | November 30, 2026 |
Offer Details
TD Bank is offering up to $500 in cumulative bonuses when you open both a checking and savings account. The bonuses can be stacked or completed individually.
Checking Bonus ($300 or $200)
- Option A ($300): Open a TD Beyond Checking account and receive $2,500 in cumulative direct deposits within the first 60 days.
- Option B ($200): Open a TD Complete Checking account and receive $500 in cumulative direct deposits within the first 60 days.
Savings Bonus ($200)
- Open either a TD Simple Savings or TD Signature Savings account.
- Deposit $10,000 or more in new money within 20 days of account opening.
- Maintain that $10,000 balance for exactly 90 days.
Fee Avoidance
TD Bank is strict on maintenance fees, but they are easy to waive if you park the required capital.
- TD Complete Checking ($15/mo): Waived if you maintain a $500 minimum daily balance, receive $500+ in direct deposits per statement cycle, or have a $5,000 combined linked balance. (Automatically waived for ages 17–23).
- TD Beyond Checking ($25/mo): Waived if you maintain a $2,500 minimum daily balance, receive $5,000+ in direct deposits per cycle, or have a $25,000 combined linked balance.
- TD Simple Savings ($5/mo): Waived if you maintain a $300 minimum daily balance. (Automatically waived for ages 18 and under, or 62 and older).
Verdict
The requirements are incredibly low for the payout, particularly the savings portion.
Parking $10,000 in the savings account for 90 days to yield $200 equates to a roughly 8% annualized return, beating any standard High Yield Savings Account on the market.
For the checking portion, the easiest, hands-off strategy to avoid the 6-month early termination clawback is to open the Beyond Checking account, push the $2,500 direct deposit to trigger the bonus, and simply leave that $2,500 sitting in the account to permanently waive the $25 monthly fee until the six months expire.