TD Bank differentiates itself with “America’s Most Convenient Bank” branding — extended hours, including Sunday banking at most locations. Their TD Simple Checking has the lowest fee waiver threshold among major banks: just $100 minimum balance waives the $5.99 monthly fee.
The trade-off: TD Bank’s presence is limited to the East Coast (Maine to Florida), and their ATM network is the smallest among major banks at roughly 1,200 locations. Here’s everything you need to know about TD Bank fees.
TD Bank Fees at a Glance
| Fee Type | Amount | How to Avoid |
|---|---|---|
| Monthly Maintenance Fee | $5.99/month | $100 minimum balance |
| Overdraft Fee | $35/item | Link savings (free) OR opt out |
| Non-TD Bank ATM Fee | $3.00/transaction | Use TD ATMs |
| Wire Transfer (Domestic) | $30 outgoing, $15 incoming | Use Zelle (free) |
| Wire Transfer (International) | $50 outgoing, $15 incoming | Use Wise or similar |
| Stop Payment | $35/request | Be careful with checks |
| Cashier’s Check | $8/check | N/A |
TD Bank Monthly Maintenance Fees
TD Bank offers tiered accounts with the most accessible fee waiver requirements among major banks.
TD Bank Checking Account Fees
| Account | Monthly Fee | How to Waive |
|---|---|---|
| TD Simple Checking | $5.99 | $100 minimum daily balance |
| TD Convenience Checking | $15 | $100 minimum daily balance |
| TD Beyond Checking | $25 | $2,500 average daily balance |
TD Simple Checking stands out with just a $100 balance requirement — significantly lower than Chase ($1,500), Bank of America ($1,500), or Wells Fargo ($500). Almost anyone can maintain $100 and avoid fees entirely.
TD Convenience Checking adds paper checks and higher limits for the same $100 waiver requirement, but costs more if you don’t meet it.
TD Beyond Checking is the premium tier with no ATM fees, free cashier’s checks, and other perks.
TD Bank Savings Account Fees
| Account | Monthly Fee | How to Waive |
|---|---|---|
| TD Simple Savings | $5 | $300 minimum balance OR linked to TD checking |
| TD Savings | $5 | $300 minimum balance |
TD Bank Overdraft Fees
TD Bank’s overdraft structure is similar to other major banks.
| Overdraft Detail | Policy |
|---|---|
| Fee per overdraft | $35 |
| Maximum daily fees | 3 ($105 total) |
| Grace period | Until end of next business day |
| Overdraft Protection transfer | Free from linked TD savings |
| Return item fee | $35 |
How TD Bank Overdraft Works
- Overdraft Protection (if linked): Money transfers automatically from TD savings at no charge
- Without protection: TD may cover the transaction and charge $35
- Grace period: You have until the end of the next business day to deposit funds
- Daily limit: Maximum 3 overdraft fees per day
Free Overdraft Protection
Unlike many competitors who charge $5-$12.50 per transfer, TD Bank provides free automatic overdraft transfers from linked savings accounts. This is a significant advantage if you occasionally overdraft.
TD Bank ATM Fees
| ATM Type | Fee |
|---|---|
| TD Bank ATM | $0 |
| Non-TD Bank ATM (US) | $3.00 |
| International ATM | $3.00 |
| Foreign currency ATM | $3.00 + 3% foreign transaction fee |
TD Bank ATM Network
TD Bank has approximately 1,200 ATMs — the smallest network among major banks:
| Bank | ATM Network Size |
|---|---|
| Citi/Allpoint | 65,000+ |
| Capital One | 70,000+ |
| Wells Fargo | 12,000+ |
| Chase | 16,000+ |
| Bank of America | 16,000+ |
| TD Bank | ~1,200 |
Geographic Limitations
TD Bank ATMs and branches are concentrated on the East Coast:
- Maine to Florida
- Strong presence in: New York, New Jersey, Massachusetts, Pennsylvania, Connecticut, Florida
- No presence in: California, Texas, most of the Midwest and West
If you travel outside the East Coast regularly, TD Bank’s limited ATM network could be costly.
TD Beyond Checking ATM Benefits
TD Beyond Checking ($2,500 balance) customers receive:
- No TD fees at any ATM
- Reimbursement of other banks’ ATM fees (up to $25/month)
TD Bank Wire Transfer Fees
| Wire Type | Fee |
|---|---|
| Domestic outgoing | $30 |
| Domestic incoming | $15 |
| International outgoing | $50 |
| International incoming | $15 |
Wire fees are standard. TD Beyond Checking customers may receive reduced fees.
Other TD Bank Fees
Account Service Fees
| Service | Fee |
|---|---|
| Stop payment | $35 |
| Cashier’s check | $8 |
| Money order | $5 |
| Safe deposit box | Starting at $25/year |
| Paper statements | $0 |
| Account research | $25/hour |
Debit Card Fees
| Service | Fee |
|---|---|
| Debit card replacement | Free |
| Rush replacement | $25 |
| International debit purchases | 3% foreign transaction fee |
Miscellaneous
| Service | Fee |
|---|---|
| Returned deposited item | $15 |
| Inactive account (24+ months) | $5/month |
| Early account closure (within 90 days) | $25 |
TD Bank’s Unique Advantages
Extended Hours
TD Bank’s biggest differentiation is convenience:
- Most branches open 7 days a week
- Weekday hours often extend to 6-8 PM
- Sunday hours typically 11 AM - 4 PM
- Call center available 24/7
Penny Arcade Machines
TD Bank branches feature Coin Counter (formerly Penny Arcade) machines:
- Free coin counting for TD Bank customers
- Loaded directly to your account
- Non-customers pay a percentage fee
Low Balance Requirement
The $100 minimum for fee waiver is the lowest among major banks, making TD Bank accessible to those who can’t maintain $500-$1,500 balances.
TD Bank Fees vs. Competitors
| Fee Type | TD Bank | Chase | BofA | Capital One | Ally |
|---|---|---|---|---|---|
| Monthly fee | $5.99 | $12 | $12 | $0 | $0 |
| Balance to waive | $100 | $1,500 | $1,500 | N/A | N/A |
| Overdraft | $35 | $35 | $10 | $0 | $0 |
| Overdraft protection transfer | Free | Free | Free | N/A | N/A |
| Out-of-network ATM | $3.00 | $3.50 | $2.50 | $0 | $0 |
TD Bank wins on fee waiver accessibility ($100 minimum) but loses on ATM network size and overdraft fees.
Is TD Bank Worth It?
TD Bank makes sense if you:
- Live on the East Coast (Maine to Florida)
- Want low balance requirements ($100) to avoid fees
- Value extended banking hours and Sunday service
- Rarely use ATMs outside TD locations
- Appreciate free coin counting
Consider alternatives if you:
- Live outside the East Coast
- Travel frequently (limited ATM network)
- Frequently overdraft (Bank of America charges only $10, Ally $0)
- Want no monthly fees at all (Capital One, Ally)