Save money on banking

Finding ways to lower banking costs is a good place to start when you’re trying to reduce household spending. Here are some areas where you may be Mle to trim costs. Review this list and check all that apply. Then visit your local branch or go online to TD Canada Trust EasyWeb Internet banking to make adjustments and
start saving.

Choose the right accounts

• Select your account based on how you want to bank. For example, if you write a lot of cheques, make frequent ATM withdrawals and prefer to use your debit card for purchases, choose an account with unlimited transactions.
  • Read “Do you have the right accounts?”
• Are you a student? Or a senior? Look into a special TD Canada Trust account designed for you, and save even more money! Inquire at your branch.
• Get the right credit card. Many TD Canada Trust Credit Card options include services, discounts and rewards that can help you save money on travel and purchases
  

  Find the TD Canada Trust Credit Card that’s right for you.

• Check your card features. Find out if your credit card offers purchase protection, extended warranty or built-in travel insurance before you consider buying these products separately.

Set up your accounts to save

• Maintain a minimum balance. When you maintain a minimum monthly balance on any TD Canada Trust chequing account, you won’t have to pay any monthly fees.
  • Compare Chequing Accounts now.
  • Keep on top of your balance by checking EasyWeb or using the TD mobile app.
• Get Overdraft Protection. Avoid NSF (non-sufficient funds) charges when you don’t have enough money in your account by getting Overdraft Protection. It can also help you maintain your good credit rating.
• Get Online Statements. Access and download your account statements online, instead of getting paper statements in the mail. You can also see your account activity online with EasyWeb online banking, or using our TD mobile banking, to stay up-to-date wherever and whenever you want.
• Pay bills online with EasyWeb or through TD mobile app. Save money on cheques and stamps by paying your bills online instead of sending cheques through the mail. You can also pay your bills conveniently over the phone with EasyLine or at any Green Machine ATM.
• Go automatic with EasyWeb. Ensure you never miss a payment and avoid interest charges from companies by setting up automatic bill payments.

Save when you use Automated Teller Machines (ATMs)

• Use Green Machines. Use the TD Canada Trust network of more than 2,500 Green Machine ATMs, and avoid paying extra fees to use other banks’ ATMs.
  • Locate the most convenient Green Machine online or through TD mobile app.
• Withdraw less often. When using ATMs, consider making larger withdrawals at one time, rather than taking out smaller amounts more frequently, to reduce transaction fees
• Double up! When making a debit purchase with your TD Canada Trust Access Card, use the cash back option offered by many major retailers. You’ll get the benefit of making two transactions (a retail purchase and cash withdrawal), yet it only counts as one transaction against your account.

Save on your interest costs

• Use credit wisely. By purchasing only items for which you know you can afford to pay the balance when the bill comes due, you can avoid interest charges altogether
• Set up Pre-Authorized Debits (PADs). Arrange to have payments taken automatically from your account to pay credit cards, loans and lines of credit. You’ll avoid late payments and additional interest charges, and protect your credit rating. EasyWeb makes it easy to set up.
• Pay down outstanding balances. Making lump-sum payments whenever you have extra cash available will reduce your debt faster and help you save on interest charges.
• Use a secured Line of Credit. You’ll get a lower rate when your Line of Credit is secured by your home or liquid/margined assets such as cash, term deposits, bonds, GICs, stocks or mutual funds.¹

¹ Some restrictions apply.