TD Bank Promotions: $300 Checking Bonus

If you’re not from the East Coast, you may not know about TD Bank. I live in Boston and the bank is everywhere – TD Bank sponsors the stadium the Boston Celtics play in so it’s hard to miss.

TD Bank is a regional bank founded in 1852 that operates across 15 states and Washington, D.C. It’s the 7th largest bank in the United States by deposits and 11th largest by total assets.

Known for its best-in-class website, a great mobile banking app, and generous customer service hours (including extended branch hours), TD Bank wants new customers to give them a try and is offering excellent promotions for opening new bank accounts and credit cards to do so.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, U.S. Bank, and Axos Bank.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Current TD Bank Promotions

1. TD Beyond Checking – $300 Bonus

New customers who apply online for a TD Beyond Checking account can earn a $300 cash bonus after receiving direct deposits of $2,500 or more within 60 days.

Bonus Amount: $300
Account Type: Personal Checking
Availability: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA

Bonus Requirements:

  1. Open a new TD Bank Beyond Checking account using this link.
  2. Complete direct deposits totaling $2,500 or more within 60 days of account opening.
  3. Receive a $300 bonus deposited into your Beyond Checking account no later than 140 days of account opening.

2. TD Convenience CheckingSM – $200 Bonus

New customers who apply online for a TD Convenience Checking can earn a $200 cash bonus after receiving direct deposits of $500 or more within 60 days.

While the bonus is $100 less than the $300 TD Beyond Checking offer, it’s monthly maintenance fee is easier to waive, requiring just a low minimum daily balance of $100. The direct deposit requirement of $500 is also smaller compared to that of Beyond Checking ($2,500).

Bonus Amount: $200
Account Type: Personal Checking
Availability: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA

Bonus Requirements:

  1. Open a new TD Bank Beyond Checking account using this link.
  2. Make direct deposits totaling $500 or more within 60 days of account opening.
  3. Get a $200 bonus deposited into your Beyond Checking account no later than 140 days of account opening.

3. TD First ClassSM Visa Signature® Credit Card – 25,000 Bonus Miles

Apply for the TD First Class Visa Signature credit card and earn 25,000 bonus miles when you spend at least $3,000 in your first 6 billing cycles.

With this credit card, you’ll earn 3x First Class miles on travel and dining purchases (e.g. flights, hotels, car rentals, cruises, and restaurant dining) and 1x First Class miles on all other purchases. Miles never expire as long as you have this credit card open and in good standing.

The best value to redeem miles in my opinion is by using the Expedia for TD portal or ‘Book Any Way’.

Expedia for TD: Miles are worth $0.05 (200 miles = $1) when you use them to book travel on Expedia for TD. This portal is specifically for TD customers, but it basically mirrors what’s available on the main Expedia site.

‘Book Any Way’: Miles are worth between $0.04 to $0.05 when you use them to cover travel-related purchases. How it works is you use your card to make a purchase, wait until the purchase posts to your account, and then use your miles to cover all or a portion of the charges.

Miles are valued at $0.04 on the first $1,200 and increases to $0.05 for amounts over $1,200 on the same purchase.

Travel provides the best rate of return, but you can use miles for cash (at an average of $0.025 per point), merchandise ($0.023 per point), and gift cards ($0.025 per point) too. I wouldn’t redeem it for these options because the value is lower.

Bonus Amount: 25,000 Bonus Miles
Account Type: Credit Card
Availability: Nationwide
Expiration: N/A

Bonus Requirements:

  1. Apply and open a new TD First ClassSM Visa Signature® Credit Card using the link below.
  2. Spend a total of at least $3,000 in the first 6 billing cycles.
  3. Receive 25,000 miles within 6 to 8 weeks after meeting spend requirement.

The information for this product or card has been collected independently by TheMoneyNinja.com. The card details on this page have not been reviewed or provided by the card issuer.

Expired TD Bank Bonuses

This is list of previous TD Bank promotions that have since expired and are no longer available. Please use it for reference purposes only. If TD Bank brings back one of these offers, we’ll put it back in the current deals section above.

Previous Offer #1: TD Ameritrade – Up to $1,000 Bonus

Get up to a $1,000 bonus when you open a new TD Ameritrade investment account and make a qualifying deposit. The bonus amount is based on the deposit you add and maintain in your account:

Deposit AmountBonus
$25,000 – $49,999$100
$50,000 – $99,999$300
$100,000 – $499,999$500
$500,000+$1,000

Bonus Amount: up to $1,000
Account Type: Brokerage
Availability: Nationwide
Expiration: January 31, 2024 (Expired)

Bonus Requirements:

  1. Open a new TD Ameritrade account with the referral link below (offer code NC1000 will be automatically added).
  2. Deposit and fund your new account within 45 days of enrolling in the offer.
  3. Receive up to a $1,000 bonus on the 45th day after offer enrollment.

The information for this product or card has been collected independently by TheMoneyNinja.com. The card details on this page have not been reviewed or provided by the card issuer.

Other banking promotions that have expired include:

  • TD Bank Checking & Savings Accounts: Up to $600 Bonus
  • TD Bank $500 Combo Checking & Savings Account Bonus Offer
  • TD Ameritrade Brokerage Account Bonus: Up to $2,500

TD Bank Promotions FAQs

Are TD Bank checking account offers available nationwide?

No, TD Bank bank accounts can only be opened by residents of the following states: CT, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA, and Washington, D.C.

However, TD Ameritrade brokerage accounts and TD Bank credit cards are available nationwide.

Are sign-up bonuses taxed?

Bank account opening related bonuses are taxable and may be reported on IRS Form 1099-MISC. TD Bank may send you a 1099-MISC at the end of the year if you’ve earned more than $600. Even if you don’t receive a 1099-MISC (or 1099-INT), you’re still required to self-report and pay taxes. Consult your tax advisor for further information.

Credit card bonuses, whether cash or reward points, are generally not taxed because most credit card offers require a minimum spending amount to qualify for the bonus, so the reward is considered a rebate on the purchase rather than taxable income.

How do I get a TD Bank promo code?

You can find promo codes by using the links on this page or by searching for other TD Bank promotions on this site. Keep in mind that you don’t need to worry about entering a promo code or coupon code for the bank bonuses listed here. The links will automatically add the relevant code to your account application.

Do TD Bank offers expire?

Yes, most TD Bank promotions have expiration dates unless otherwise stated. Some offers may not have one and those will be marked with an expiration date of ‘N/A’.

Fortunately, it’s quite common for TD Bank to renew or extend some offers as older ones expire. However, the bonus amount, requirements, and/or terms and conditions may be different.

How long does it take to receive my bonus from TD Bank?

Bonuses for TD Bank checking and savings accounts generally arrive within 140 days of account opening as long as the offer requirements have been met. Credit card bonuses can take up to 6 to 8 weeks.

In my experience, TD Bank has frequently sent bank account and credit card bonuses on the earlier end of the stated time. If you haven’t received your bonus within the expected timeframe, contact TD Bank’s customer service at (888) 751-9000.

Can I take advantage of multiple TD Bank promotions?

You’re eligible for multiple bonuses as long as each account you’re applying to is from a different product group.

For instance, you can receive a personal checking account bonus and a personal savings account bonus as those accounts are from separate product groups (checking vs savings), but you won’t be able to get two bonuses for opening two checking accounts.

Additionally, TD Bank’s terms and conditions for their bank offers make certain classes of customers ineligible for current promotions. For example, this language is found under the terms for the checking account bonus:

“You will not qualify for the Checking Bonus if you are an existing TD Bank checking Customer OR had a previous checking account that was closed within the preceding 12 months OR have received a prior checking account bonus at any time.”

When in doubt, read the fine print of the promotion!

The Bottom Line

TD Bank offers some amazing bank account deals. I opened a checking and savings account because of the bonuses back in 2021 and ended up keeping both accounts because of their superb customer service.

My experience as a TD customer has been phenomenal. On the rare occasion I had an issue with my account, it’s been resolved quickly with a quick visit to one of the local TD Bank branches or a call to their customer service center.

However, I don’t keep all my money at one bank. Most of my savings are in high-yield savings accounts because TD Bank’s interest rates for their savings accounts, like many other national/regional banks, can’t compete with online ones.

While you shouldn’t choose a bank based solely on a new customer bonus, it’s a great incentive to try the many banking and credit card products available. Interested in more bank bonuses? Check out the entire list of the best bank bonuses.

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About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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