Minimum Chequing Account

An account for those with minimal banking needs

It only takes a few minutes.

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Plan Highlights

  • 12 free debit transactions including up to 2 full serve transactions each month1. Make additional transactions for $1.25 per transaction.

  • Monthly fee waived with $2,000 minimum monthly balance2.

Account Fees

Monthly Fee $3.95 - waived with a $2,000 minimum monthly balance2


for Seniors receiving the Guaranteed Income Supplement (GIS)3

for Registered Disability Savings Plan (RDSP) beneficiaries3

for Students (enrolled full time in post-secondary program)3

for Youth (under the age of majority in their province of residence)3
Non-TD ATM fees3 $2.00
ATM fees inside U.S. and Mexico (Free at any TD Bank ATM)4,5 $3.00
ATM fees outside U.S. and Mexico5,6 $5.00

See why so many students choose TD

Open later and longer7

TD has more branches open Sunday than any other bank.

Convenient Banking on Both Sides of the Border

TD offers a variety of cross-border banking services.

TD Mobile Deposit

Deposit cheques using your phone.

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Account Details

EasyWeb® View Cheque service Free
Record keeping – Paperless, online statements, or paper statements Free
Interac® e-Transfers $0.508 for each transfer of up to $100, and $1.008 for each transfer of over $100
TD Music Access Membership Free

Frequently Asked Questions

Get your money fast

Instant access to your
paycheque or pension with
no holds on your money with Direct Deposit.

Become a TD Music Access Member

Get free access to exciting
offers on concerts, VIP experiences and more.
Sign up for free

Avoid unexpected cash shortfalls

With overdraft protection9, you're covered against
temporary cash shortages –
now that's peace of mind!

Save money easily

Make saving automatic with
Pre-authorized Transfer Service.

Save with every debit card purchase when you use
Simply Save.

Expand Legal

1Full-serve transactions include: In-branch transactions (e.g., withdrawals, transfers, or bill payments) performed by a bank employee at a branch (including by way of phone call or mail/fax to a branch) or transactions performed via Easyline by speaking with a banking specialist over the telephone.

2Minimum monthly balance indicated must be maintained throughout the month.

3Proof of eligibility is required: government letter confirming GIS eligibility; proof of beneficiary status on an RDSP; and for students, proof of full-time enrollment in a post-secondary institution.

4TD network fees for the use of a non-TD ATM are waived. Some ATM operators also apply a surcharge (sometimes called a convenience fee) to use an ATM. In Canada, all ATM operators must notify you when they apply a convenience fee, and the fee will be displayed for the customer to accept before completing the transaction. This convenience fee is not a TD fee and cannot be waived by TD.

5TD network fees waived, however, other financial institutions may charge fees for use of their ATMs. As well, certain states permit surcharging of international customers at independent ATMs. Other financial institution and surcharge fees will display electronically for the customer to accept before completing the transaction.

6For foreign currency withdrawals performed at non TD ATMs outside of Canada, the exchange rate includes an amount equal to 2.5% of the converted amount.

7Individual branch hours may vary.

8Regular account transaction fees may also apply.

9Subject to approval. All overdrafts must be paid within 89 days, are subject to an interest rate of 21% per annum (subject to change) on the overdrawn amount, and that subsequent deposits to your account will automatically be applied to pay off the overdraft. Overdraft interest rate is subject to change.

Interac e-Transfer is a registered trade-mark of Interac Inc. Used under license.