TD Bank Is Back With Up to $500 in Checking and Savings Bonuses — But Only in 16 States

TD Bank has brought back its new customer bonus, and this time it's not targeted — as long as you live in one of the 16 eligible states. You can earn up to $500 across checking and savings, but the clock is ticking: the offer ends November 30, 2026. Here's how to squeeze the most out of it without getting tripped up by fees or fine print.

Two Checking Accounts, Two Bonus Tiers

TD Bank gives you a choice: go for the $200 bonus with TD Complete Checking or aim higher with a $300 bonus from TD Beyond Checking. The difference comes down to how much you can direct deposit.

For the $200 bonus, you'll need to open a TD Complete Checking account and receive at least $500 in qualifying direct deposits within 60 days. That's a pretty low bar for most people with a regular paycheck.

If you can swing $2,500 in direct deposits within the same 60-day window, the TD Beyond Checking account bumps your bonus to $300. It also comes with perks like interest earnings and no ATM fees if you maintain a $2,500 daily balance.

The Savings Bonus Is Where the Real Return Hides

The $200 savings bonus might look like the smallest piece, but it's actually the most lucrative on a percentage basis. You'll need to open a TD Signature Savings account and deposit at least $10,000 in new money within 20 days. Then keep that $10,000 balance for 90 more days.

Do the math: $200 on $10,000 over roughly 110 days works out to an annualized return north of 8%. That's hard to beat anywhere else right now. Plus, there's no monthly fee on the savings account for the first year, so you don't have to worry about that eating into your bonus.

Avoiding the Monthly Fees

Both checking accounts charge a monthly maintenance fee unless you meet certain criteria. TD Complete Checking has a $15 fee, but you can waive it by doing any one of these: receiving $500+ in direct deposits per statement cycle, keeping a $500 minimum daily balance, or maintaining a $5,000 combined balance across linked TD accounts.

TD Beyond Checking carries a $25 monthly fee. To waive it, you'll need to hit one of these: $5,000+ in direct deposits per cycle, a $2,500 minimum daily balance, or a $25,000 combined balance across eligible linked accounts.

The savings account has no monthly fee for the first year, so that's one less thing to worry about.

Who Qualifies — and Who Doesn't

This offer is open to new TD Bank customers, but there are some restrictions. For the checking bonus, you won't qualify if you're an existing TD personal checking customer, had a checking account closed within the past 12 months, or have ever received a checking bonus from TD before.

The savings bonus has similar rules: no existing savings or money market customers, no accounts closed in the last 12 months, and no prior savings bonus recipients.

Also, direct deposits must be electronic deposits of your paycheck, pension, or government benefits (like Social Security) of at least $250 each. Person-to-person transfers and bank transfers between your own accounts don't count.

The Six-Month Rule You Can't Ignore

TD Bank requires you to keep your new account open for at least six months. If you close it earlier — or if TD closes it — you'll forfeit the bonus. And if the bonus was already paid, TD may take it back when the account is closed.

There's no separate early termination fee listed in TD's fee schedule, but the bonus forfeiture is effectively the same thing. So don't plan on closing the account right after you get the cash.

Is It Worth It?

Absolutely, especially if you're in an eligible state and can meet the direct deposit requirements. The savings bonus alone offers an effective interest rate above 8%, which is exceptional in today's rate environment.

The checking bonuses are also solid, though you'll need to stay on top of the monthly fee waivers to avoid eroding your earnings. If you can swing the $2,500 direct deposits, the $300 Beyond Checking bonus is the better deal — but the $200 Complete Checking bonus is nothing to sneeze at either.

Just remember: this isn't a targeted offer anymore, but it's still limited to residents of 16 states. And the deadline is November 30, 2026, so don't drag your feet.

Bottom Line

• Earn up to $500 total: $300 from TD Beyond Checking, $200 from TD Complete Checking, or $200 from TD Signature Savings — but you can only pick one checking bonus.
• The savings bonus offers an effective annualized return of over 8% on a $10,000 deposit held for about 110 days.
• Monthly fees are avoidable with direct deposits or minimum balances, but you need to stay vigilant.
• Keep accounts open for at least six months or you'll lose the bonus (and possibly have it clawed back).
• Offer ends November 30, 2026, and is only available in 16 states plus D.C.

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