TD Bank’s current offer lets eligible new customers earn up to $500 by opening accounts through a qualifying website by July 30, 2026. The maximum requires two bonuses: $300 for a TD Beyond Checking account and $200 for a TD Signature Savings account. For example, a customer could earn the full $500 by receiving $2,500 in qualifying direct deposits within 60 days in checking, depositing $10,000 into savings within 20 days, and keeping at least $10,000 in savings for the following 90 days. The less expensive TD Complete Checking option pays a $200 checking bonus after $500 in qualifying direct deposits posts within 60 days.
Combining Complete Checking with the $200 savings offer produces a maximum of $400, not $500. Opening by July 30 secures the promotional qualification period; the direct-deposit and balance deadlines continue after that date, based on the individual account-opening date. [TD’s published offer](https://www.td.com/us/en/personal-banking/checking-and-saving-bonus) says the accounts must be opened through a qualifying website. This promotion is most practical for someone who can redirect genuine payroll, pension, or government-benefit deposits and leave $10,000 untouched for more than three months. The savings requirement is the larger obstacle, while monthly fees and strict previous-customer exclusions can reduce or eliminate the value of the deal.
Table of Contents
- How Does the TD Bank $500 Checking and Savings Bonus Work Before July 30?
- TD Beyond and Complete Checking Bonus Requirements
- TD Signature Savings $200 Bonus Balance Rules
- How to Open and Track the TD Bank Bonus
- Previous Customers, Prior Bonuses, and Other Eligibility Issues
- Monthly Fees and the Cost of Choosing Beyond Checking
- Bonus Payout, Taxes, and Early Account Closure
- Frequently Asked Questions
How Does the TD Bank $500 Checking and Savings Bonus Work Before July 30?
The advertised $500 is not a single bonus for opening one account. It consists of a $300 TD Beyond checking bonus and a separate $200 TD Signature Savings bonus. Customers must qualify for each component independently. Someone who meets the checking requirements but lets the savings balance fall below $10,000 would receive only the $300 checking bonus. TD Complete Checking provides a lower-cost alternative.
It offers $200 after at least $500 in qualifying direct deposits posts within the first 60 days. Adding Signature Savings raises the combined potential bonus to $400. Compared with Beyond Checking, Complete requires $2,000 less in promotional direct deposits and has a monthly fee of $15 instead of $25. The July 30, 2026 date applies to opening the promotional accounts. For example, an account opened on July 29 does not need to receive all qualifying direct deposits by July 30; its 60-day window starts from the account-opening date. Waiting until the final day remains risky because identity verification, application problems, or an account that is not successfully opened could leave the customer outside the offer period.
TD Beyond and Complete Checking Bonus Requirements
TD Beyond Checking pays $300 when at least $2,500 in qualifying direct deposits posts within 60 days after opening. TD Complete Checking pays $200 when the corresponding total reaches $500 within 60 days. Qualifying deposits are electronic payroll, pension, or government-benefit payments, and each qualifying deposit must be at least $250. A single $500 payroll deposit could satisfy the Complete requirement. Two $250 payroll deposits would also reach the required total.
For Beyond, one $2,500 payroll payment or five qualifying $500 payments could work, provided they post before the 60-day deadline. Transfers are a common source of failed bonuses. TD specifically excludes person-to-person payments and transfers between TD accounts, other banks, or brokerage accounts from its definition of qualifying direct deposit. An ACH transfer initiated from an external savings account may resemble a direct deposit in an online transaction list, but TD’s terms say it does not count. Customers should verify that their employer or benefits provider can update deposit instructions quickly enough to meet the posting deadline.
TD Signature Savings $200 Bonus Balance Rules
The savings portion pays $200 for opening a TD Signature Savings account, depositing at least $10,000 during the first 20 days, and maintaining a balance of at least $10,000 for 90 additional days beginning on the 20th day. TD checks the balance on day 20, so funding the account early provides more protection against transfer delays or holds. The maintenance rule is unforgiving. According to the [official savings offer terms](https://www.td.com/us/en/personal-banking/savings-accounts/featured), falling below $10,000 for even one day during the 90-day maintenance period disqualifies the account.
A customer who deposits exactly $10,000 and then withdraws $50 for an emergency would no longer qualify, even after replacing the money the following day. Keeping a buffer can reduce that risk. For example, funding the account with $10,250 leaves room for a small unexpected debit without immediately crossing the threshold. The money also remains tied up for roughly 110 days from opening, creating an opportunity-cost tradeoff if another savings account pays a materially higher interest rate.
How to Open and Track the TD Bank Bonus
Start from TD’s qualifying promotional page rather than navigating directly to a standard account application. Save a copy or screenshot of the offer, disclosures, account-opening confirmation, and opening date. This documentation can be useful if the promotional code or offer association does not appear clearly in online banking. Set up qualifying direct deposit immediately after receiving the checking account and routing numbers.
Payroll changes can take one or two pay cycles. An applicant paid twice monthly who waits five weeks to update payroll may have only one deposit post before the 60-day deadline, which could leave a Complete applicant short if that deposit is below $500. Track the checking and savings requirements separately. A simple record should include the account-opening date, day 20 for savings, the end of the 60-day checking window, and the end of the 90-day savings maintenance period. Checking transactions must post rather than merely be scheduled, while the savings balance must remain at or above $10,000 every day of its maintenance period.
Previous Customers, Prior Bonuses, and Other Eligibility Issues
Existing TD personal checking customers do not qualify for the checking bonus. A person is also excluded if a previous TD personal checking account was closed during the preceding 12 months or if the person has received a TD personal checking bonus at any time. That last restriction functions as a lifetime exclusion for the checking promotion, not merely a 12-month waiting period. The savings test is separate but similarly restrictive. Existing TD personal savings or money-market customers are ineligible for the savings bonus, as are people who closed such an account within the preceding 12 months or previously received a TD personal savings or money-market bonus.
For example, someone who received a checking bonus several years ago but has never held TD savings may be eligible for the $200 savings component but not the checking component. Account ownership can also affect eligibility, especially with joint accounts. The primary owner may need to provide a valid Form W-9 or substitute Form W-9. TD’s terms also exclude TD employees and Canadian cross-border banking customers, and the bank says the offer may be withdrawn at any time. Applicants should confirm eligibility before moving payroll or committing $10,000.
Monthly Fees and the Cost of Choosing Beyond Checking
TD Beyond Checking has a $25 monthly maintenance fee. It can be waived with at least $5,000 in direct deposits during a statement cycle, a $2,500 minimum daily balance, or a $25,000 minimum daily combined balance across eligible linked TD accounts. The $2,500 promotional direct-deposit requirement does not itself waive the fee because it is measured over 60 days, while the fee waiver requires $5,000 during each statement cycle.
TD Complete Checking charges $15 monthly, waived with $500 in direct deposits during a statement cycle, a $500 minimum daily balance, or $5,000 in combined linked personal deposit balances. TD Signature Savings also has a $15 monthly fee, but maintaining $10,000 or linking an eligible Complete or Beyond checking account can waive it. Six unwaived monthly charges would total $150 on Beyond or $90 on Complete, reducing the practical advantage of choosing Beyond for its extra $100 bonus.
Bonus Payout, Taxes, and Early Account Closure
TD states that each earned bonus will be deposited into the corresponding new account on or before 180 days after account opening. The account must remain open and unrestricted when TD pays the bonus. A customer who finishes the checking requirement in the first month may therefore still wait several additional months for payment.
TD may report the bonus on Form 1099 or another appropriate tax form. The terms also allow TD to deduct a paid bonus if the new account is closed by the customer or the bank within six months of opening. For an account opened July 29, the safer tracking date is six months from July 29—not six months from the day the bonus appears.
Frequently Asked Questions
Can I earn $500 with TD Complete Checking?
No. TD Complete Checking pays $200, and TD Signature Savings pays another $200, producing a combined maximum of $400. The full $500 requires the $300 TD Beyond Checking bonus plus the $200 savings bonus.
Does an external bank transfer count as direct deposit?
No. TD excludes bank transfers, brokerage transfers, person-to-person payments, and transfers between TD accounts. Qualifying deposits are electronic payroll, pension, or government-benefit payments of at least $250 each.
Do I have to complete the requirements by July 30?
The accounts must be opened through the qualifying offer by July 30, 2026. The checking account then has a 60-day qualification period, while the savings deadlines are calculated from its opening date.
Can the Signature Savings balance fall below $10,000 temporarily?
No. Falling below $10,000 for even one day during the 90-day maintenance period disqualifies the account from the savings bonus.
When will TD pay the bonus?
TD says payment will arrive in the corresponding account on or before 180 days after account opening, provided the account remains open and unrestricted.
