You can open a TD Bank account online, by phone, or in person at a branch
TD Bank lets you start an account three ways: online through their website, by calling their customer service line, or walking into a branch with your ID. Online takes the least time—usually 10 to 15 minutes—and you can fund the account immediately. Phone and in-person routes take longer but let you ask questions as you go. All three paths require the same basic information: your Social Security number, a government-issued ID, your address, and an initial deposit (which varies by account type).
The account you choose matters because different accounts have different fees, minimum balances, and perks. TD Bank offers checking accounts, savings accounts, and money market accounts, each with its own rules. Before you start, decide whether you want a basic checking account for everyday spending, a savings account to set money aside, or both.
Key Takeaways
- Online account opening takes 10 to 15 minutes and requires your Social Security number, government ID, address, and an initial deposit.
- TD Bank requires different minimum opening deposits depending on the account type—some accounts have no minimum, others require $25 or more.
- You can fund a new account with a debit card, bank transfer, or by depositing a check at an ATM or branch once the account is open.
- Your account becomes active immediately after you complete the application and deposit funds, and you can use your debit card or set up transfers the same day.
What you need before you start
Gather these items before you open an account: a valid government-issued ID (driver's license, passport, or state ID card), your Social Security number, your current address, and a way to make an initial deposit. TD Bank accepts debit cards, bank transfers from another bank, or checks deposited at an ATM or branch.
If you do not have a Social Security number—for example, if you are not a U.S. citizen—TD Bank can issue you an Individual Taxpayer Identification Number (ITIN) account instead. You will need to visit a branch in person and bring additional documents like a passport and proof of address. The process takes longer but follows the same basic steps.
Opening an account online
Go to TD Bank's website and select "Open an Account." Choose the account type you want (checking, savings, or both), then enter your personal information: name, date of birth, Social Security number, address, phone number, and email. TD Bank will ask you to create a username and password for online banking.
Next, you will verify your identity. TD Bank uses a third-party service to check your information against public records. This usually takes a few minutes. If the system cannot verify you automatically, you may need to answer security questions or provide additional documents—the website will tell you what to do.
Once you pass verification, you will choose your initial deposit method. If you use a debit card, enter the card number and the amount you want to deposit (minimum varies by account type). If you transfer from another bank, you will provide that bank's routing number and your account number there. The deposit posts within one to two business days, and your TD Bank account is ready to use immediately.
Opening an account by phone or in person
Call TD Bank's customer service line at 1-800-937-8372 to open an account over the phone. A representative will walk you through the same questions as the online form: personal information, account type, and deposit method. Phone applications take 20 to 30 minutes because the representative reads everything aloud and confirms each answer. You will receive your account number and temporary debit card information by email or mail within a few days.
To open an account in person, visit a TD Bank branch with your ID and Social Security number. Bring a debit card or checkbook from another bank if you want to fund the account that day. A banker will complete the application with you, answer questions, and order your debit card. In-person accounts are active the same day, but your physical debit card arrives by mail in 7 to 10 business days. You can use a temporary card number for online purchases or ATM withdrawals while you wait.
Minimum deposits and account types
TD Bank's minimum opening deposit depends on which account you choose. Checking accounts typically require $25 to $100 to open, though some promotional offers waive the minimum. Savings accounts often have no minimum opening deposit. Money market accounts usually require $2,500 or more. Check TD Bank's current offers on their website because minimums and promotions change.
Monthly maintenance fees also vary. Some checking accounts charge $15 per month unless you maintain a minimum balance or set up direct deposit. Others have no monthly fee. Savings accounts usually charge no monthly fee but pay interest on your balance—the rate changes based on how much money you keep in the account. Read the account details before you choose so you understand what you will pay.
What happens after your account opens
Your account is active as soon as you complete the application and your deposit clears. You can log into online banking immediately and set up bill pay, transfers to other accounts, or automatic payments. Your debit card arrives by mail in 7 to 10 business days, but you can use a temporary card number for online shopping or ATM withdrawals right away.
If you opened the account online or by phone, your first statement arrives 30 days later by mail or email (you choose). If you opened in person, the banker will explain your statement schedule. You can change your contact preferences anytime through online banking—switch to paperless statements, update your email, or add a phone number for alerts.
If something goes wrong during setup
If your online application is rejected during identity verification, TD Bank will tell you why and what to do next. Common reasons include a mismatch between the name or address you entered and what appears in public records, or a flag from fraud prevention. You can usually fix this by calling customer service or visiting a branch with your ID.
If your deposit does not post within the timeframe TD Bank promised, contact customer service with your confirmation number. Debit card deposits usually post within one business day; bank transfers take one to two business days. If your deposit is delayed beyond that, customer service can investigate and push the transaction through manually.
Frequently Asked Questions
Can I open a TD Bank account if I have bad credit or a banking history?
TD Bank does not run a credit check to open a checking or savings account, so bad credit will not stop you. However, they do check ChexSystems, a banking history database. If you have unpaid overdrafts or fraud flags from another bank, TD Bank may deny your application. Call customer service to ask about your specific situation before you apply online.
How long does it take to get my debit card?
Physical debit cards arrive by mail in 7 to 10 business days. You can use a temporary card number for online purchases and ATM withdrawals the same day your account opens. If you opened in person at a branch, ask the banker for your temporary card number before you leave.
What if I want to open an account for a child?
TD Bank offers accounts for minors, but a parent or guardian must open and manage the account until the child turns 18. Visit a branch in person with your ID, the child's birth certificate or Social Security card, and proof of address. The parent's name appears on the account alongside the child's.
Can I open multiple accounts at the same time?
Yes. You can open a checking account and a savings account in the same application, either online or in person. Some people do this to separate spending money from savings. Each account has its own debit card (or card number for temporary use) and monthly statement.
What if I do not have a Social Security number?
TD Bank can open an ITIN account for non-citizens. You must visit a branch in person and bring your passport, proof of address (utility bill or lease), and an ITIN from the IRS. The process takes longer than a standard account, but the account works the same way once it is open.