TD Bank Convenience vs. Beyond Checking Account Comparison (2024)

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By Danny Nguyen Last updated:

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TD Bank Convenience vs. Beyond Checking Account Comparison (1)With a TD Bank Convenience Checking Account or a TD Bank Beyond Checking Account, you’ll be able to find the right checking account for you.

Whether it be a checking account that earns you interest on top or great perks or a checking account that offers great discounts with no monthly maintenance fees with a low minimum balance.

On top of all of these benefits and more, you can earn a generous bonus when applying and meeting simple requirements. Find out which of the two checking accounts is right for you below!

Editor’s Note:If you are interested in more TD Bank Deals, Bonuses, and Promotions, see our compiled list of TD Bank Deals here.

Our Current Top Promotions
Chase Total Checking® $300 Bonus
U.S. Bank Business Checking $800 Bonus
Chase Business Complete Checking®$400 BonusHuntington Business Checking 100 $100 Bonus
Huntington Unlimited Business Checking $400 BonusHuntington Unlimited Plus Business Checking $1,000 Bonus
TD Bank Convenience Checking $200 BonusTD Bank Beyond Checking $300 Bonus
Axos Bank Rewards Checking $300 BonusChase Secure BankingSM $100 Bonus
Axos Bank Business Interest Checking $400 BonusAxos Bank Basic Business $400 Bonus

Table of Contents

TD Bank Checking Account Bonus


• Earn $300 when you receive direct deposits totaling $2,500 or more within 60 days
• Get more from your checking account. With TD Beyond Checking with Payback Plus, you'll earn interest and get reimbursed for non-TD ATM transactions, Overdraft Payback and more.
• Monthly maintenance fee waived when you receive monthly direct deposits of $5,000 or more within a statement cycle, or maintain a minimum daily balance of $2,500, or a combined balance of $25,000 across eligible TD accounts.
• TD ATM fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
• Get overdraft fees automatically reversed up to two times a year.
• Get your money where it needs to go —fast— with Rush Bill Payments, Send Money with Zelle®, incoming wires and a reimbursem*nt for one outgoing wire (domestic or international) per statement cycle.
• TD checking accounts come with an instant-issue debit card - and, you can pay with confidence with contactless technology Visa Zero Liability protection and 24/7 fraud monitoring.
• Monthly maintenance fee waived on one TD Simple CheckingSM account and any Savings accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.

Apply Now at TD Bank

Learn more about TD Bank Beyond Checking here.

TD Bank Convenience vs. Beyond Checking Account Comparison (3)

With the TD Convenience CheckingSM Account:
• Earn $200 when you receive direct deposits totaling $500 or more within 60 days
• Low minimum daily balance of $100 waives the $15 monthly fee.
• Students and young adults ages 17 through 23 get additional perks like no minimum balance requirements and no monthly maintenance fee.
• Instantly replace a lost, stolen, or damaged debit card by visiting a TD Bank location near you
• Access accounts via Online Banking with Bill Pay, Online Statements, Send Money with Zelle and TD Bank Mobile Deposit. Plus, get 24/7 cash access at TD ATMs in the U.S. and Canada and around-the-clock Live Customer Service.
• TD checking accounts come with an instant-issue debit card - and, you can pay with confidence with contactless technology Visa Zero Liability protection and 24/7 fraud monitoring.
• Get a 0.25% discount on TD Bank Home Equity and Personal Loans.

Apply Now at TD Bank

Both Checking Accounts Offer

  • Rate discounts on TD Bank home loans
  • Free access at thousands of TD ATMs in the U.S. and Canada
  • Free Mobile Banking with Mobile Deposit
  • Online Banking with free Bill Pay and e-bills
  • Free online statements with check images
  • Overdraft Services Available
  • Live Customer Service 24/7

Convenience Checking Account Benefits

  • Low minimum daily balance of $100to waive the $15 monthly maintenance fee
  • Discount on your first order of checks
  • $15 monthly maintenance fee waivedwhen you maintain the minimum daily balance

Beyond Checking Account Benefits

  • $25 monthly maintenance fee waivedwhen you maintain the $2,500 minimum daily balance
  • Free money orders, official bank checks, stop payments, paper statements with check images, and incoming wire transfers
  • Tiered interest ratesthat increase with account balance

Avoid Monthly Fees

  • TD Bank Beyond Checking Account: $25 monthly maintenance fee waived when you maintain the $2,500 minimum daily balance
  • TD Bank Convenience CheckingAccount:Avoid $15 monthly maintenance fee with minimum daily balance of $100.

TD Bank MobileApp

  • All your banking, in your pocket or purse. Download the TD Bank App today viaiOSorAndroid.

Still Have Questions?

Their banking specialists canhelp you over the phone. Call 1-888-751-9000.

Author’sVerdict

Whether you choose the TD Bank Convenience Checking AccountorTD Bank Beyond Checking Account, you can’t go wrong with either!

If your activity only requires basic banking, definitely go with the Convenience Checking; if your activity requires you needing money orders, bank check use, and such, definitely go with the Beyond Checking.

On top of the Beyond, you’ll be earning interest on your funds with a minimum $2,500 balance. Not that great of a rate but it’s better than nothing!

Let us know about your thoughts about the checking accounts and which account you prefer in the comment section below. Be sure to check back on BankDealGuy for more bank deals!

TD Bank Promotions: $200, $300, Checking, Savings Bonuses 2024

U.S. Bank Promotions 2024: $200, $350, $400, $800 Checking, Business Bonuses

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TD Bank Convenience vs. Beyond Checking Account Comparison (7)

FEATURED BANK PROMOTIONS
PROMOTIONAL LINKOFFERREVIEW
Chase Private Client$3,000 CashReview
U.S. Bank Business Checking$800 CashReview
U.S. Bank Business Checking$350 CashReview
Chase Business Complete Checking®$300 CashReview
KeyBank Checking$200 CashReview
Chase Total Checking®$300 CashReview
Chase College CheckingSM $100 CashReview
J.P. Morgan Self-Directed InvestingUp to $700 CashReview
Chase Secure BankingSM$100 CashReview
SoFi Checking and Savings Account$275 CashReview
Huntington Bank Unlimited Plus Business Checking$1,000 CashReview
Huntington Bank Unlimited Business Checking$400 CashReview
Huntington Bank Business Checking 100$100 CashReview
Fifth Third Bank Checking$200 CashReview
Axos Bank Rewards Checking$300 CashReview
Axos Basic Business Checking$400 CashReview
Axos Business Interest Checking$400 CashReview

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TD Bank Personal Debit CardTD Bank Beyond Checking Account Review: $300 BonusTD Bank Convenience Checking Account Review: $150 Bonus

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Disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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TD Bank Convenience vs. Beyond Checking Account Comparison (8)

Featured Bank Bonus


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TD Bank Convenience vs. Beyond Checking Account Comparison (2024)

FAQs

Is TD Beyond checking worth it? ›

The TD Bank Beyond Checking Account might be worth exploring if you regularly maintain a minimum daily balance of at least $2,500 or receive monthly direct deposits of $5,000 or more. That way, you'll waive the $25 monthly service fee.

What is a TD convenience checking account? ›

An account perfect for everyday banking with a low minimum daily balance requirement, plus. additional benefits for young adults. We've created this easy to follow outline of services, fees and policies to help you understand how this account works.

How do I avoid the TD Beyond checking fee? ›

TD Beyond Checking Monthly Maintenance Fee can be waived with one of the following: Have $5,000 or more in direct deposits within a statement cycle or Maintain a minimum daily balance of $2,500 or Have a $25,000 minimum daily combined balance of all deposit accounts, all outstanding home equity loan and home equity ...

Does TD Bank have free checking for seniors? ›

Senior accounts are a great resource for those who qualify — typically, those age 60 or older. The accounts usually require a minimal balance to have the monthly fee waived. Some will earn interest on its balance. Like most accounts, senior accounts often include a debit card.

What are the disadvantages of TD Bank? ›

Cons
  • APYs are generally below the national average. ...
  • To avoid monthly fees, customers need to meet minimum requirements for most checking and savings accounts.
  • There is a $3 fee for using a non-TD Bank ATM.
  • Overdraft fee is $35 per transaction and can be charged up to three times a day.

How do I avoid TD Bank monthly fees? ›

TD Bank Checking Account Fees

Fee can be waived by either having $5,000 or more in direct deposits within a statement cycle, maintaining a $2,500 minimum daily balance or having a $25,000 minimum daily combined balance across all eligible linked TD Bank accounts.

Can you overdraft with a TD convenience checking? ›

If your available account balance is overdrawn by $50 or less, you will not be charged overdraft fees. If you overdraw your available account balance by more than $50, and you make a deposit to bring your available account balance back to at least $0 as of 11p.

What is the minimum balance for convenience savings TD Bank? ›

Here are some of the top features of the TD Simple Savings account: Drop the monthly maintenance fee. All it takes is a $25 recurring transfer from your linked TD Bank checking account to waive the fee for the first year. Then, just keep a $300 minimum balance to waive the $5 monthly fee.

What is a convenience bank account? ›

Another option, in about half the states, is something called a "convenience account." This kind of bank account lets you give someone authority to use the funds for your benefit only. There's no right of survivorship, so after your death the money goes into your estate, not to the convenience signer.

How do I close my TD convenience checking account? ›

If you want to close a personal account with zero balance, you can do so via the TD App or TD Online Banking by:
  1. Sending an email request through your account.
  2. Calling TD Customer Service at 1-888-751-9000.
Sep 25, 2023

Does TD have a no fee checking account? ›

Does TD offer any monthly no fee bank accounts? Yes, the Minimum Chequing Account has no monthly fee for seniors 60 years or older collecting Guaranteed Income Supplement and/or beneficiary of a Registered Disability Savings Plan. Conditions apply.

How much money do I need to keep in my TD checking account? ›

TD Complete Checking monthly maintenance fee can be waived with one of the following: Have $500 or more in direct deposits within a statement cycle; OR maintain a minimum daily balance of $500; OR have a $5,000 minimum daily combined balance across all personal deposit accounts that you choose to link; OR if the ...

Does TD Bank waive fees for seniors? ›

Seniors' rebate

A rebate off the monthly fee for select chequing accounts is applicable to those 60 years of age and older.

Which bank is best for senior citizens? ›

Top 5 banks offering highest interest rates on FDs:
  • HDFC Bank. HDFC Bank offers 7.10 percent to senior citizens on deposits of one year to 15 months. ...
  • ICICI Bank. ICICI Bank offers interest in the range of 7 to 7.25 per cent depending on the tenure. ...
  • State Bank of India. ...
  • Bank of Baroda.
Feb 2, 2024

Is TD Bank owned by Bank of America? ›

TD Bank is a subsidiary of TD Bank Group, a Canada-based multinational banking and financial services headquartered in Toronto, Ontario and founded in 1955. TD Bank has been a subsidiary of TD Bank Group since it was established as a separate division of the company in 2008.

How much is TD overdraft fee checking? ›

A $35 fee applies to each transaction that overdraws your available account balance by more than $50, (up to a maximum of 3 fees per day per account). Whether an overdraft will be paid is our discretion, and we reserve the right not to pay.

How to get $300 from TD Bank? ›

New TD Bank Beyond Checking customers can earn a $300 bonus for receiving $2,500 in qualifying direct deposits within the first 60 days. New TD Complete Checking customers can earn a $200 bonus for receiving $500 in qualifying direct deposits within the first 60 days.

Is TD high interest savings account worth it? ›

The TD High Interest Tax-Free Savings Account doesn't charge transaction fees on internal transfers or ATM withdrawals. While the interest rates offered on this account aren't as competitive as other financial institutions, this savings account can make transferring money between other TD Canada Trust accounts easier.

Is TD Bank too big to fail? ›

In March 2013, the Office of the Superintendent of Financial Institutions announced that Canada's six largest banks, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and Toronto-Dominion Bank, were too big to fail.

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