Offer at a glance
- Maximum bonus amount: 1400 dollars
- Direct deposit required: Yes, $500+ for $150 bonus or $2,500 for $300 bonus
- Additional requirements: See below
- Hard/soft pull: Soft
- ChexSystems: No.
- Credit card financing: ANY (many cards are processed as cash advances)
- Monthly fees: Up to $25, waiveable
- Early account closure fee: Six months, loss of bonus
- Family boundary: None mentioned
- Expiration date: 31.8.26
Offers
No direct link to offer, available in branch at NYC locations. Not sure if it’s available in other countries
- TD Bank offers a checking and savings bonus of up to $1,400. It breaks down as follows:
- $400 checking bonus when you open a TD Beyond Checking account and have qualified direct deposits within 60 calendar days of account opening
- $1,000 savings bonus when you open a TD Signature savings account and deposit $100,000 or more within 20 calendar days of account opening.
Fine Press
- The offer in the store is valid until 31.08.26. The $1,400 offer includes: 1) $400 checking bonus when you open a TD Beyond Checking account and have qualified direct deposits within 60 calendar days of account opening; and 2) $1,000 savings bonus when you open a TD Signature Savings Account and deposit $100,000 or more within 20 calendar days of account opening. The deposit amount must be held for an additional 90 days from the 20th day.
- Alternative savings bonus offers of $200, $300 and $600 available
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
TD Beyond Checking ($400 Bonus)
This account has a $25 monthly fee, which is waived if you do any of the following:
- Have $5,000 or more in direct deposits within a statement cycle
- Maintain a minimum daily balance of $2,500
- Have a minimum combined daily balance of $25,000 in the eligible TD accounts you choose to link
Early account termination fee
In theirs online fee schedulethere is no mention of an early account termination fee. The fine print says that accounts must be kept open for 6 months or the bonus is forfeited.
Our verdict
The check bonus is $100 more than normal. Don’t think the savings bonus is worth considering because of the $100,000 deposit requirement. If you see this in any other branch, let us know.
Hat tip to the reader Rhyme
Useful posts about bank bonuses:
