TD Bank is offering up to a $1,000 bonus when you open a new checking and savings account. You get $400 for the checking account, and then up to $600 with the savings account. There’s a public page for this offer, but the terms state that it is available only to the person addressed in the mailer or email. So this is a targeted offer, and it is available through February 29, 2024. Check out the details below.
How to Earn This TD Bank $1000 Bonus
This bonus comes in two parts, $400 for the checking account and another $600 for the savings account.
$400 Checking Bonus
- Open a TD Beyond Checking account.
- Make $2,500 in qualifying direct deposits within 60 days of opening account.
- Bonus will be paid on or before 180 days after account opening.
Up to $600 Savings Bonus
- Open a TD Signature Savings account.
- Make a deposit in your new account based on the tiers below.
- Maintain the balance in the account for 90 additional days from the 20th day after account opening. Bonus depends on deposit amount:
- $10,000 to earn $200
- $20,000 to earn $300
- $30,000 to earn $400
- $40,000 to earn $500
- $50,000 to earn $600
- Bonus will be paid on or before 180 days after account opening.
Are You Eligible?
Here are the eligibility details for this bonus:
- Bonus available only to the person addressed in the mailer or email.
- You will not qualify for the Checking Bonus if you are an existing TD Bank personal checking Customer OR had a previous personal checking account that was closed within the preceding 12 months OR have received a prior personal checking account bonus at any time.
- You will not qualify for the Savings Bonus if you are an existing TD Bank personal savings or money market Customer OR had a previous personal savings or money market account that was closed within the preceding 12 months OR have received a prior personal savings or money market account bonus at any time.
Account Fees
- The TD Premier Checking account, which is required to get the $300 bonus, has $25 monthly fee that is waived with a minimum daily balance of $2,500.
- The TD Convenience Checking account, which is required to get the $150 bonus, has $15 monthly fee that is waived with a minimum daily balance of $100.
- Savings account doesn’t have any fees.
Guru’s Wrap-Up
This is one of the better bonuses that we have seen from TD Bank. However, the offer is targeted and the terms state that the person addressed in the mailer or email. Personally, I wouldn’t risk applying if I wasn’t targeted.
The checking account offer is simple and worth doing. You get $400 for 2,500 in qualifying direct deposits within 60 days. The savings account offer on the other hand requires $50,000 for the maximum bonus. It’s worth noting that this account will earn 2.50% APY as a Signature Savings Relationship Rate. Having the checking account and a balance of $50,000 or more qualifies you for that rate. Add that to the $600 bonus, and it beats all interest rates that are currently available.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. You can also access bonuses available in your state by visiting dannydealguru.com/tag/NY-bank-bonus/. Just replace NY with your state. You can also find other TD Bank bonuses here.
And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
Link & Key Details
- OFFER PAGE
- Bonus: $1,000
- Account Type: Checking and Savings
- Availability: CT, DE, DC, FL, ME, MD, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
- Type of Inquiry: Soft pull
- Direct Deposit Requirement: $2,500 within 60 days (see what works)
- Other Requirements: $10K-$50K deposit/balance
- Credit Card Funding: Up to $1000
- Early Account Closing Fee: $25
- Expiration Date: 02/29/24
HT: Frequent Miler
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