Everyday Bank Accounts

At TD Canada Trust, you can choose from a wide range of bank accounts to make sure your first Canadian bank account matches the needs of you and your family.

You can choose to do your banking in person at any TD Canada Trust branch, electronically through EasyWeb Internet banking and mobile apps, or EasyLine telephone banking.

TD Canada Trust offers three types of personal bank accounts:

• Chequing accounts help you manage your everyday finances, make frequent transactions and enjoy easy access to your money.
• Savings accounts give you the highest interest rates of all our bank accounts, so your money grows faster. Depending on how you set up your account, you may have easy access to money or more limited access. Also, fewer transactions may be included than with a chequing account.
• Tax-Free Savings Account (TFSA) can help you earn investment income without paying taxes on it. It’s a great way to save for short- or long-term goals.

Personal Savings Accounts help you meet your savings goals

• TD Every Day Savings Account Earn interest on every dollar in your account.
• TD High Interest Savings Account Earn a premium interest rate with a balance of $5,000 or more.
• Youth Account: A great daily interest account for children

Tax-Free Savings Account (TFSA): A tax-free investment account

• High-Interest TFSA Savings Account: Tax-free growth with easy access to your money.

Our Select Service and Infinity chequing accounts offer you unlimited transactions with a flat monthly fee

Both the Select Service Account and Infinity chequing accounts give you everything you need to take care of bill payments, deposits, withdrawals and other banking needs. If you use your account frequently, one of these accounts may suit you best because it gives you unlimited transactions per month for a flat monthly account fee—and if you keep a minimum monthly balance, you don’t pay the monthly account fee. Select Service also includes free personalized cheques, no-fee Interac® ATM withdrawals at other financial institutions, and other free and discounted services.

Open your new bank account by bringing these documents to any TD Canada Trust branch.

What you’ll need to open your new bank account

When you visit a TD Canada Trust branch, you’ll need to have 2 pieces of identification, including at least 1 of the following:

• Valid documentation to prove Canadian landed immigrant status issued within the last three years: for example, Immigration Forms IMM 1000, IMM 5292 or IMM 1442, or a Certificate of Canadian Citizenship or a Certification of Naturalization
• Valid photo ID: for example, a Canadian driver’s licence
• A Social Insurance Number card issued by the Government of Canada
• A health insurance card from a Canadian province or territory*
• A document or card, bearing your photograph and signature, issued by any of the following:
  • Insurance Corporation of British Columbia
  • Alberta Registries
  • Saskatchewan Government Insurance
  • Department of Service Nova Scotia and Municipal Relations
  • Department of Transportation and Public Works of the Province of Prince Edward Island
  • Service New Brunswick
  • Department of Government Services and Lands of the Province of Newfoundland and Labrador
  • Department of Transportation of the Northwest Territories
  • Department of Community Government and Transportation of the Territory of Nunavut

*As permitted to be used for identification purposes under provincial law.

Your second piece of ID can also include:

• A foreign passport
• An employee identity card, issued by a well-known employer, bearing your photograph
• A bank card, automated banking machine card or client card, issued by a member of the Canadian Payments Association in your name and bearing your signature
• A credit card bearing your name and signature
• A Canadian National Institute for the Blind client card bearing your photograph and signature