TD Bank’s monthly fee on its basic checking account is $5.99, waivable with a $100 minimum daily balance — the lowest bar among major banks. Overdraft fees are $35 per item (capped at 3 per day), with free overdraft protection transfers from a linked TD savings account. Out-of-network ATM fees are $3.00 per transaction.
TD Bank’s biggest competitive advantage is accessibility: that $100 waiver threshold is far below Chase’s $1,500 or Wells Fargo’s $500, making it one of the easiest fee-free banking experiences at a major bank. The trade-off is geographic — TD Bank’s branches and ~1,200 ATMs are concentrated on the East Coast (Maine to Florida), making it a poor fit for frequent travelers or anyone living outside that corridor. Here’s the complete 2026 fee schedule.
TD Bank Fees at a Glance
| Fee Type | Amount | How to Avoid |
|---|---|---|
| Monthly Maintenance Fee | $5.99/month | $100 minimum balance |
| Overdraft Fee | $35/item | Link savings (free) OR opt out |
| Non-TD Bank ATM Fee | $3.00/transaction | Use TD ATMs |
| Wire Transfer (Domestic) | $30 outgoing, $15 incoming | Use Zelle (free) |
| Wire Transfer (International) | $50 outgoing, $15 incoming | Use Wise or similar |
| Stop Payment | $35/request | Be careful with checks |
| Cashier’s Check | $8/check | N/A |
TD Bank Monthly Maintenance Fees
TD Bank offers tiered accounts with the most accessible fee waiver requirements among major banks.
TD Bank Checking Account Fees
| Account | Monthly Fee | How to Waive |
|---|---|---|
| TD Simple Checking | $5.99 | $100 minimum daily balance |
| TD Convenience Checking | $15 | $100 minimum daily balance |
| TD Beyond Checking | $25 | $2,500 average daily balance |
TD Simple Checking stands out with just a $100 balance requirement — significantly lower than Chase ($1,500), Bank of America ($1,500), or Wells Fargo ($500). Almost anyone can maintain $100 and avoid fees entirely.
TD Convenience Checking adds paper checks and higher limits for the same $100 waiver requirement, but costs more if you don’t meet it.
TD Beyond Checking is the premium tier with no ATM fees, free cashier’s checks, and other perks.
TD Bank Savings Account Fees
| Account | Monthly Fee | How to Waive |
|---|---|---|
| TD Simple Savings | $5 | $300 minimum balance OR linked to TD checking |
| TD Savings | $5 | $300 minimum balance |
The easiest way to eliminate the TD Simple Savings fee is to link it to your TD checking account — no minimum balance required if the accounts are linked. This also enables free overdraft protection transfers, which kills two costs with one setup step. If you don’t have a linked TD checking account, you’ll need to keep at least $300 in the savings account to avoid the $5 monthly fee.
TD Bank Overdraft Fees
TD Bank charges $35 per overdraft item with a cap of three fees per day — a $105 daily maximum. What sets TD apart is its free overdraft protection transfer from a linked savings account. Most banks charge $5–$12.50 per transfer for this service; TD charges nothing if you’ve linked a savings account in advance.
| Overdraft Detail | Policy |
|---|---|
| Fee per overdraft | $35 |
| Maximum daily fees | 3 ($105 total) |
| Grace period | Until end of next business day |
| Overdraft Protection transfer | Free from linked TD savings |
| Return item fee | $35 |
How TD Bank Overdraft Works
- Overdraft Protection (if linked): Money transfers automatically from TD savings at no charge
- Without protection: TD may cover the transaction and charge $35
- Grace period: You have until the end of the next business day to deposit funds
- Daily limit: Maximum 3 overdraft fees per day
Free Overdraft Protection
Unlike many competitors who charge $5-$12.50 per transfer, TD Bank provides free automatic overdraft transfers from linked savings accounts. This is a significant advantage if you occasionally overdraft.
TD Bank ATM Fees
Using a TD Bank ATM is always free. The $3.00 fee kicks in any time you use an ATM not owned by TD — including Allpoint, MoneyPass, and any other network ATMs. International ATM withdrawals cost $3.00 plus a 3% foreign transaction fee on the converted amount, so a $200 equivalent withdrawal abroad costs $3.00 + $6.00 = $9.00 in fees before the exchange rate difference.
| ATM Type | Fee |
|---|---|
| TD Bank ATM | $0 |
| Non-TD Bank ATM (US) | $3.00 |
| International ATM | $3.00 |
| Foreign currency ATM | $3.00 + 3% foreign transaction fee |
TD Bank ATM Network
With roughly 1,200 ATMs, TD Bank has the smallest ATM network of any major US bank — a significant disadvantage compared to competitors. To put this in perspective: Capital One has access to 70,000+ ATMs through the Allpoint network, and Chase operates 16,000 of its own machines. If you rely on ATM cash withdrawals regularly, TD Bank’s network limitations are worth factoring into your decision.
| Bank | ATM Network Size |
|---|---|
| Citi/Allpoint | 65,000+ |
| Capital One | 70,000+ |
| Wells Fargo | 12,000+ |
| Chase | 16,000+ |
| Bank of America | 16,000+ |
| TD Bank | ~1,200 |
Geographic Limitations
TD Bank ATMs and branches are concentrated on the East Coast:
- Maine to Florida
- Strong presence in: New York, New Jersey, Massachusetts, Pennsylvania, Connecticut, Florida
- No presence in: California, Texas, most of the Midwest and West
If you travel outside the East Coast regularly, TD Bank’s limited ATM network could be costly — at $3.00 per non-TD ATM use, even a few out-of-network withdrawals per month add up quickly. A weekly out-of-network withdrawal costs $156/year in ATM fees alone. For full daily and weekly withdrawal caps, the TD Bank ATM limit guide covers per-transaction and daily maximums. For comparison across all major banks, see ATM withdrawal limits by bank.
TD Beyond Checking ATM Benefits
TD Beyond Checking ($2,500 balance) customers receive:
- No TD fees at any ATM
- Reimbursement of other banks’ ATM fees (up to $25/month)
The $25/month ATM fee reimbursement partially offsets the network size problem. At $3.00 per out-of-network withdrawal, that covers up to 8 non-TD ATM transactions per month at no net cost. If you maintain $2,500 in your account anyway, TD Beyond Checking effectively gives you a nationwide ATM network — just not as seamless as banks that are natively part of Allpoint or MoneyPass.
TD Bank Wire Transfer Fees
| Wire Type | Fee |
|---|---|
| Domestic outgoing | $30 |
| Domestic incoming | $15 |
| International outgoing | $50 |
| International incoming | $15 |
TD Bank’s wire fees are in line with major bank averages — $30 outgoing domestic is typical, and the $50 international outgoing fee is on the higher end compared to some online banks that charge $25–$35. TD Beyond Checking customers ($2,500 average balance) may receive reduced or waived wire fees — confirm with your branch.
One practical note: TD Bank’s domestic wire cutoff time is 4:30 PM ET. Wires initiated after that process the next business day. For context on wire limits and costs across banks, the wire transfer limits guide compares fees and daily caps at Chase, Bank of America, Wells Fargo, and other major banks.
If you need to send money internationally for smaller amounts (under $10,000), services like Wise or Remitly typically offer significantly better exchange rates and lower fees than any bank wire.
Other TD Bank Fees
Account Service Fees
Most of these fees are avoidable with planning. Stop payment requests ($35) can be sidestepped by using electronic payments instead of checks when possible — once a check is in the mail, recovering it requires a stop payment. TD Bank’s cashier’s check fee ($8) is lower than the industry average of $10–$15. Paper statements are free, which is unusual — most banks now charge $1–$3/month for paper statements. If you need account research (looking up old transactions beyond the standard statement window), plan for $25/hour.
| Service | Fee |
|---|---|
| Stop payment | $35 |
| Cashier’s check | $8 |
| Money order | $5 |
| Safe deposit box | Starting at $25/year |
| Paper statements | $0 |
| Account research | $25/hour |
Debit Card Fees
Standard debit card replacements are free and typically arrive within 5–7 business days. If you need a card faster — for example, after losing your wallet before travel — the $25 rush replacement gets it to you in 1–2 business days. The 3% foreign transaction fee applies to any purchase processed in a foreign currency, whether you’re physically abroad or buying from an international website. To avoid this fee, consider a no-foreign-transaction-fee credit card for international purchases.
| Service | Fee |
|---|---|
| Debit card replacement | Free |
| Rush replacement | $25 |
| International debit purchases | 3% foreign transaction fee |
Miscellaneous
Two fees here deserve attention. The inactive account fee ($5/month after 24 months of no activity) is easy to miss if you open an account and then rarely use it — set a calendar reminder to make at least one transaction per year if you’re keeping a TD account open but not actively using it. The early account closure fee ($25 within 90 days) discourages account churning; if you’re not sure TD is the right fit, wait past the 90-day window before closing.
| Service | Fee |
|---|---|
| Returned deposited item | $15 |
| Inactive account (24+ months) | $5/month |
| Early account closure (within 90 days) | $25 |
TD Bank’s Unique Advantages
Extended Hours
TD Bank’s “America’s Most Convenient Bank” tagline is backed by a genuine operating model. Most TD branches are open 7 days a week, with weekday hours extending to 6–8 PM at many locations and Sunday hours typically running 11 AM to 4 PM. This matters more than it sounds: most major bank branches close by 5 PM on weekdays and are completely shut on Sundays. If your schedule makes it hard to visit a branch during standard banking hours, TD’s extended hours remove a real friction point. The call center is also available 24/7 for account questions that don’t require a branch visit.
Penny Arcade (Coin Counter) Machines
TD Bank branches feature coin-counting machines — a practical perk if you accumulate loose change. TD Bank customers can use these machines for free, with the counted total deposited directly into their account. Non-customers pay a percentage of the counted amount. It’s a minor convenience, but it’s one fewer errand to run compared to banks that don’t offer coin counting.
Low Balance Requirement
The $100 minimum daily balance to waive TD Simple Checking’s monthly fee is the most accessible threshold among major banks. Chase requires $1,500, Bank of America requires $1,500, and Wells Fargo requires $500 — all substantially higher. For customers who are newer to banking, living paycheck to paycheck, or simply don’t want to lock up $500–$1,500 to avoid a fee, TD Bank’s $100 threshold is a meaningful advantage.
TD Bank Fees vs. Competitors
| Fee Type | TD Bank | Chase | BofA | Capital One | Ally |
|---|---|---|---|---|---|
| Monthly fee | $5.99 | $12 | $12 | $0 | $0 |
| Balance to waive | $100 | $1,500 | $1,500 | N/A | N/A |
| Overdraft | $35 | $35 | $10 | $0 | $0 |
| Overdraft protection transfer | Free | Free | Free | N/A | N/A |
| Out-of-network ATM | $3.00 | $3.50 | $2.50 | $0 | $0 |
TD Bank wins on fee waiver accessibility ($100 minimum) but loses on ATM network size and overdraft fees.
Worked Example: Monthly Cost for a Typical TD Bank Customer
Say you open a TD Simple Checking account and maintain an average balance of $80 — just below the $100 waiver threshold. Here’s what a single month could cost:
| Fee | Amount |
|---|---|
| Monthly maintenance fee | $5.99 |
| 2 out-of-network ATM withdrawals | $6.00 |
| 1 overdraft (debit card) | $35.00 |
| Total | $46.99 |
Now compare if you maintain $100 and link a TD savings account for overdraft protection:
| Fee | Amount |
|---|---|
| Monthly maintenance fee (waived at $100) | $0 |
| 2 out-of-network ATM withdrawals | $6.00 |
| 1 overdraft (covered by savings transfer, free) | $0 |
| Total | $6.00 |
The difference between those two months is $41. Keeping $100 in the account and linking savings for overdraft protection are the two highest-leverage actions a TD Bank customer can take to minimize fees. If you also use TD ATMs instead of out-of-network machines, that same month costs $0.
Is TD Bank Worth It?
TD Bank makes sense if you:
- Live on the East Coast (Maine to Florida)
- Want low balance requirements ($100) to avoid fees
- Value extended banking hours and Sunday service
- Rarely use ATMs outside TD locations
- Appreciate free coin counting
Consider alternatives if you:
- Live outside the East Coast
- Travel frequently (limited ATM network)
- Frequently overdraft (Bank of America charges only $10, Ally $0)
- Want no monthly fees at all (Capital One, Ally)
Related Guides
- Bank Fees Comparison
- How to Avoid Bank Fees
- Best No-Fee Checking Accounts
- Best Online Banks
- TD Bank ATM Limits
- TD Bank Routing Number
The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy