As of September 2026, TD Bank’s checking lineup and waiver structure have changed from what was previously published. TD’s current accounts are TD Essential Banking ($4.95/month, free for ages 13-17), TD Complete Checking ($15/month, waived with a $500 balance, $500 direct deposits, or $5,000 combined balance), and TD Beyond Checking ($25/month, waived with a $2,500 balance, $5,000 direct deposits, or $25,000 combined balance). TD’s older “TD Simple Checking” and “TD Convenience Checking” product names, which had a $100 balance-only waiver, are discontinued. Confirm current product names and terms at td.com, as TD periodically updates its account lineup.
TD Bank Account Minimums at a Glance
| Account | Monthly Fee | Waiver Options |
|---|---|---|
| TD Essential Banking | $4.95 | Free for ages 13-17; confirm other waivers at td.com |
| TD Complete Checking | $15 | $500 minimum daily balance, OR $500+ direct deposits, OR $5,000 combined balance, OR age 17-23 |
| TD Beyond Checking | $25 | $2,500 minimum daily balance, OR $5,000+ direct deposits, OR $25,000 combined balance |
| TD Simple Savings | $5 | $300 minimum daily balance, OR linked TD checking account |
Verified against td.com in September 2026. Confirm current terms before opening an account.
TD Complete Checking
TD Complete Checking charges $15 per month. It’s waived by meeting any one of: a $500 minimum daily balance, $500 or more in direct deposits per statement cycle, $5,000 in combined balances across eligible TD accounts, or being 17-23 years old. This is a notable change from TD’s discontinued “TD Convenience Checking,” which only offered a $100 balance-based waiver with no direct-deposit alternative.
TD Beyond Checking
TD Beyond Checking charges $25 per month, waived by meeting any one of: a $2,500 minimum daily balance, $5,000 or more in direct deposits, or $25,000 in combined balances. The account typically includes benefits such as interest on balances and reimbursed non-TD ATM fees — confirm current specific perks at td.com.
TD Essential Banking
TD Essential Banking charges $4.95 per month and is free for account holders aged 13-17. Confirm current adult waiver options, if any, at td.com. The account is generally structured without check-writing and with overdraft transactions declined rather than charged a fee — confirm current overdraft terms at td.com.
TD Bank Savings Account Minimums
TD Simple Savings charges a $5 monthly fee, waived by maintaining a $300 minimum daily balance or by linking the savings account to a TD Bank checking account. For most TD Bank checking account holders, the linked-account waiver makes Simple Savings effectively free regardless of the savings balance.
For current savings rates, see the TD Bank savings account guide.
How to Avoid TD Bank Monthly Fees
For TD Complete Checking, direct deposit of $500+ per month is generally the most reliable path for customers with regular payroll income, since it doesn’t require monitoring a daily balance. For customers who prefer a balance-based approach, maintaining $500 or more works equally well. Confirm whether TD’s balance test is a minimum-daily or average-balance calculation at td.com, since this affects whether a brief dip triggers the fee.
Customers aged 13-17 automatically qualify for TD Essential Banking’s fee waiver.
For a full breakdown of TD Bank charges including overdraft and ATM fees, see the TD Bank fees guide.
For a complete overview of TD Bank accounts, limits, and contact information, see the TD Bank complete guide.
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