TD Bank Complete Checking Review 2024

Explore TD Bank Complete Checking. Learn about fee waivers, account perks like early pay and overdraft relief, and why it's a top choice for easy, reliable banking.
Editor's Rating
Editor's Rating
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Written by Shannon Lee
Financial Expert
Managing Editor
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Looking for the right checking account might sound challenging, but sometimes, a bank makes itself an obvious choice.

That’s the case with TD Bank’s Complete Checking, which makes life easy for those who simply want to open a checking account and move their money around according to their schedule and needs.

Here’s what prospective customers need to know.

TD Bank Complete Checking At-a-Glance

Overall Impression

TD Bank is based on the East Coast and has grown rapidly since its inception in 1955.

Today, there are over 1,100 branches and more than 2,600 ATMs (and counting) to serve customers.

TD Bank is an example of a bank that offers truly free checking, as the methods for waiving the monthly fee are quite easy for most customers to follow.

Other perks, such as no minimum deposit and specialized overdraft relief, promise to make banking easy, no matter how much money you have to move around.

Pros and Cons

Is TD Bank right for you? Let’s break down the pros and cons to help you decide if this is where your money needs to be.


  • Easy ways to waive the monthly fee for a checking account.
  • Free linking to your savings account will make it easier to track your funds.
  • No minimum opening deposit.
  • TD Early Pay can help you budget by crediting your direct deposit early.
  • TD Overdraft Relief can help you avoid fees if you are overdrawn.


  • ATM fees at non-network ATMs are only waived for those between the ages of 17 and 23.
  • Standard checks are free only to those aged 60 and older.
  • There is no interest offered on the Complete Checking account.

TD Bank Checking Fees

Compare to Other Checking Accounts

Comparing banks is an excellent way to ensure you get the best checking account you need for your financial life.

Here’s how TD Bank stacks up against some of the competition.

Discover® Cashback Checking

Discover Checking brings the good name of Discover to bear on checking accounts, but there are some caveats.

Though you can earn cash on purchases just as you do with a credit card, there are no branches, which means everything you do must be virtual.

However, you have access to over 60,000 fee-free ATMs and can receive payments up to two days early with direct deposit.

There are no monthly fees and no balance requirements.

First Horizon Checking

You only need $50 to open a First Horizon checking account.

There are no monthly fees for the many checking account options available, though some require a minimum balance.

Each checking account offers bells and whistles so you can choose depending on your needs. And though it is primarily an online bank, some branches are scattered across the nation. If you are close to one, you’re in for the treat of both local and online banking.

SoFi Bank Money Account

As with TD Bank, SoFi allows you to get paid with early direct deposit and no maintenance fees.

However, the ATM options might be broader, and you can earn interest on the checking account if you keep a certain balance.

On the downside, you must have a savings and checking account with SoFi, as the bank tries to get customers to save more money.

There are no branches so that you will be working with a truly online bank.

Easily Compare the Best Checking Accounts Online

Compare fees, see which banks are offering bonuses for new account holders, and find the best checking account for your needs.

Who Is TD Bank For?

TD Bank is for those who want the best of both worlds—a local bank with a strong online presence.

This checking account is ideal for those who use it regularly, either via checks or ATM, and who need the extra protection offered by overdraft relief.

Keep in mind that this bank is based on the East Coast, so if you want to bank in person, you will have to be in one of the 15 Mid-Atlantic or Eastern states serviced by TD Bank.

Rating the Features

When choosing the correct checking account for your needs, it pays to look at the account and the bank itself.

Here’s what to expect from TD Bank’s key points, particularly the Complete Checking.

Mobile Banking

The robust TD Bank mobile app offers tutorials to get you started.

The app on your phone or tablet allows you to deposit checks, transfer money, pay bills, and more.

The app offers a digital wallet, TD for Me alerts, and 24/7 live customer service, among other perks.

Customer Service and Experience

TD Bank has a good reputation for customer service. They make speaking to a real person easy, even if you open and conduct your account activities online.

Many report that TD Bank goes above and beyond, especially for valued customers who have a long history with the bank.


Though the monthly fee for a checking account at TD Bank is higher than you might find at other places, there are three easy ways to waive that fee.

This includes having $500 or more in direct deposit during the statement cycle, maintaining a minimum daily balance of $500, or keeping a $5,000 daily minimum balance in all linked accounts.

The fee is also waived if the primary account holder is between 17 and 23 years of age.

Other fees, such as those for paper statements, are clearly spelled out and are comparable to those you might expect from other checking accounts.


The TD Beyond Checking account is the only checking at TD Bank that offers interest on your money.

The interest rates are not highly competitive, but they are on par with what you might expect from other banks that offer interest on checking accounts that are not linked to higher-interest savings accounts.

Tools and Extras

TD offers extra perks, such as the overdraft relief program and TD early pay.

The overdraft program allows users up to 11 p.m. the next business day to replace the money to cover their overdraft and not face any penalty.

As long as the overdraft is fixed by the end of the grace period, the overdraft fee will be refunded to your account. There is also no fee for overdrawn by $50 or less.

TD early pay allows you to receive your direct deposit paycheck several days before the bank receives the money. This service is similar to that offered at other banks that accept direct deposits.


TD Bank has branches, called stores, in numerous states.

Over 1,100 stores are available throughout 15 states along the East Coast and Washington, D.C.

There are over 2,600 ATMs branded by TD Bank. Note that using other ATMs might incur a fee.

Getting help online or via the mobile app is simple. With phone support lines open 24/7, you can always reach out to someone at a time that is most convenient for you.

Safety and Security

TD Bank offers numerous alerts for your account that help you keep your money safe and app encryption and website tools to help you spot fraud and other problems.

The bank says that it meets and exceeds industry standards for the app.

As with most banks, remember that your money is FDIC insured up to $250,000 per account, per depositor.

Minimum Deposit or Balance Requirement

There is no minimum amount to open an account with TD Bank.

However, to waive the monthly fee, account holders must have $500 or more in direct deposits, maintain a $500 daily balance, or have a minimum of $5,000 in all accounts linked to the checking account.

Frequently Asked Questions

Can I sign up for a TD Bank checking account even if I’m not in the usual service area?

Yes. Anyone over 18 can sign up for a TD Bank account and handle all their banking online if they are far from a branch.

What does TD Bank stand for?

TD stands for Toronto-Dominion. The bank is headquartered in Canada and began as a merger of the Bank of Toronto and The Dominion Bank. Today, it is one of the largest banks in the United States, employing over 26,000 people.

What makes TD Bank special?

TD Bank is well known for its award-winning customer service. To that end, you can reach the bank 24/7 via phone, and branches often have extended hours that allow customers extra time to get there. That same customer service also extends to online customers, with plenty of ways to get in touch whenever you need help.

About Author
Shannon Lee
Shannon Lee, a versatile contributor to MoneyRates, is a freelance writer with a passion that spans over two decades. Her extensive writing portfolio encompasses a myriad of topics, ranging from personal finance and home improvement to education, relationships, and medical and health subjects. In addition to her prolific freelance career, Shannon is also a novelist. Shannon’s dedication to providing insightful and informative content makes her a valued voice in the world of personal finance.
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