Personal Credit
Overdraft Protection
choose from two convenient options
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?
- Cover unexpected cash shortfalls
- Protect yourself from Non-Sufficient Funds (NSF) charges
- Avoid the embarrassment of a declined transaction
Monthly Fee option
- 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
Pay As You Go option
- 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.
Another financial tool to consider to ensure that you always have the flexibility to access additional funds is a Line of Credit. Once you've qualified to use a line of credit and subject to the terms of the Line of Credit Agreement, you are provided with a credit limit and are free to access the funds at any time and for any purpose.
TD Canada Trust Line of Credit
Our Line of Credit gives you automatic access to cash whenever and wherever you want it, at competitive interest rates. If you don't have what you need in your regular bank account, simply access any amount you want (up to your credit limit), any time you want.
It's easy to access
- Write a Line of Credit cheque
- Make cash withdrawals at TD Canada Trust branches
- Add your Line of Credit to your TD Canada Trust Access Card and use it at merchants and ABMs worldwide
- Transfer funds from your Line of Credit using EasyLine telephone banking or EasyWeb Internet banking
A TD Canada Trust Line of Credit can also help you take advantage of life's opportunities. Once you open your Line of Credit, the funds are available to you for any other opportunity. So when you want credit for a major purchase, a vacation, a home renovation, or any other purpose, you don't have to reapply.
Get more information
Rates & Numbers
- TD Prime Rate: 3.000%
Effective Date SEP 9, 2010 - Credit Rates: Please call 1-877-247-2265
Tools & Resources
Credit Insurance
- Line of Credit Insurance and TD Loan Life and Disability Insurance can provide flexible, affordable protection for your credit obligations