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Personal Credit

Overdraft Protection

Enjoy peace of mind with overdraft protection -
choose from two convenient options
Apply for Monthly Fee option
Apply for Pay As You Go option
Young couple at the ATM after doing some shopping.
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What is overdraft protection?


This valuable service helps you manage your cash flow by offering protection for those times when you don't have sufficient funds available in your account to complete a transaction. Overdraft protection is like a safety net - it makes the funds available when and if you need them, up to your approved limit.

Why should I get overdraft protection?

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  • Cover unexpected cash shortfalls
  • Protect yourself from Non-Sufficient Funds (NSF) charges
  • Avoid the embarrassment of a declined transaction

Monthly Fee option

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  • A good choice if you write a lot of cheques, use your account for a lot of transactions, and find yourself short of funds
  • A low monthly fee of just $4 a month

Apply for Monthly Fee option

Pay As You Go option

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  • A good choice if you don't anticipate more than an occasional need
  • You only pay when you use the service
  • The most you'll ever pay in one day for overdraft fees is $5, regardless of the number of transactions covered by your overdraft that day.

Apply for Pay As You Go option



Rates & Numbers

  • TD Prime Rate: 3.000%
    Effective Date SEP 9, 2010
  • Credit Rates: Please call 1-877-247-2265

Credit Insurance