What You Need to Open a TD Checking Account

TD Bank offers several checking account options, and the steps to open one depend on whether you go online, visit a branch, or call. You will need a government-issued photo ID, a Social Security number or ITIN, and an initial deposit (the amount varies by account type). Most people can open an account in 10 to 15 minutes online or at a branch.

TD's main checking accounts are TD Everyday Checking, TD Premium Checking, and TD Convenience Checking. Each has different monthly fees, minimum balance requirements, and features. Before you start, decide which account fits your banking habits — this choice affects your monthly cost and what services are included.

Key Takeaways

  • You can open a TD checking account online, at a branch, or by phone, and most accounts are active within one business day.
  • Bring a government photo ID and your Social Security number; you will also need an initial deposit amount that varies by account type.
  • TD Everyday Checking has a monthly fee that can be waived if you maintain a minimum balance or set up direct deposit.
  • Once your account is open, you can order a debit card at the branch, online, or by phone, and it typically arrives in 7 to 10 business days.

Opening an Account Online

The online route is the fastest for most people. Go to TD Bank's website and select "Open an Account." You will answer questions about your personal information, address, employment status, and which account type you want. The process takes about 10 minutes and does not require you to leave home.

You will need to verify your identity during the online application. TD uses a combination of questions about your financial history and, sometimes, a photo ID upload. Once you submit the application, TD reviews it and sends you a confirmation email. Your account is usually ready to use within one business day, though you may not receive your debit card for 7 to 10 business days.

If you open online, you will need to fund your account with an initial deposit. You can transfer money from another bank account, or TD can provide you with account details so you can deposit a check by mail. Some people deposit cash at a TD ATM after their account is active.

Opening an Account at a TD Branch

Walking into a branch lets you ask questions and get your debit card the same day. Bring your government photo ID, your Social Security number, and the initial deposit amount in cash or a check. A TD representative will walk you through the application, which takes 15 to 20 minutes.

At the branch, you can also order your debit card immediately, and many branches will issue a temporary card or expedited card on the spot. If you do not get a card that day, it will arrive by mail in 7 to 10 business days. The branch representative can also explain the differences between account types and help you choose the right one for your situation.

Opening an Account by Phone

You can call TD Bank at 1-800-937-8372 to open a checking account over the phone. A representative will guide you through the application and answer questions about account features and fees. The call usually takes 15 to 20 minutes.

When you call, have your ID information ready and know how much you want to deposit initially. TD will mail you account details and a debit card. Your account is active within one business day, but your physical debit card takes 7 to 10 business days to arrive. Until then, you can use your account number and routing number to set up direct deposit or transfer money.

Initial Deposit Requirements and Account Types

TD's initial deposit requirement varies by account type. TD Everyday Checking typically requires $25 to $100, depending on your state and whether you open online or at a branch. TD Premium Checking and TD Convenience Checking have different minimums. Check TD's website or call 1-800-937-8372 to confirm the current requirement for the account you want.

The account type you choose affects your monthly fee and what you get. TD Everyday Checking charges a monthly fee that can be waived if you maintain a minimum balance (usually $500 to $1,500) or set up direct deposit. TD Premium Checking has higher fees but includes perks like fee waivers and higher interest rates. TD Convenience Checking is designed for basic banking with lower fees.

What Happens After You Open Your Account

Once your account is open, you can start using it right away. If you opened online or by phone, you will receive your account number and routing number by email or mail. Use these to set up direct deposit with your employer or to transfer money from another bank. You can also deposit checks using TD's mobile app or by mailing them to the address provided.

Your debit card arrives separately, usually within 7 to 10 business days. When it arrives, activate it by calling the number on the back or using TD's mobile app. You can then use it at TD ATMs and anywhere Visa is accepted. If you need cash before your card arrives, you can withdraw from any TD ATM using your account number.

Frequently Asked Questions

Do I need to be a TD customer already to open a checking account?

No. You can open your first TD account whether or not you have banked with TD before. You just need a government photo ID, Social Security number, and an initial deposit.

What if I do not have a Social Security number?

TD will accept an ITIN (Individual Taxpayer Identification Number) instead. Bring your ITIN documentation along with your photo ID and initial deposit.

Can I open an account if I am under 18?

TD offers accounts for minors, but they must be opened by a parent or guardian. Visit a branch with the minor's birth certificate and Social Security number, plus the adult's ID and initial deposit.

How long does it take to receive my debit card?

Standard delivery is 7 to 10 business days. If you open at a branch, you may receive a card the same day or an expedited card. Call 1-800-937-8372 if your card does not arrive within 10 business days.

What if I want to close my account later?

You can close your TD checking account by visiting a branch, calling 1-800-937-8372, or using the mobile app. Make sure your account balance is zero and all pending transactions have cleared before you close it.