TD Bank review (2025): Nationwide branch and ATM access, plus 24/7 customer service - chof 360 news

Summary: TD Bank is a major U.S. bank that serves over 10 million customers through its retail, small business, and commercial banking products. Its products include checking and savings accounts, credit cards, mortgages, lending, and investing products. TD Bank operates over 1,100 branches nationwide and a network of 2,600 ATMs.

This account is free to open and offers multiple ways to waive the $15 maintenance fee. The Complete Checking account doesn’t earn interest, but does offer other perks such as online and mobile banking with Bill Pay, a free Visa® debit card, and 24/7 live customer service.

The TD Beyond Checking account is another account option that’s free to open, though it does charge a slightly higher monthly maintenance fee of $25. The good news is, there are ways to waive this fee if you meet certain requirements. This account is an interest-bearing account.

The TD Essential Banking account offers the lowest monthly maintenance fee ($4.95, waived for primary account holders aged 13 to 17), no minimum daily balance requirement, and no overdraft fees. This account does not earn interest.

Read more: The 10 best free checking accounts available today

TD Bank’s most basic savings account charges a monthly maintenance fee of $5, though it can be waived by maintaining a minimum daily balance of $300. This is an interest-bearing account and includes optional services such as mobile check deposit, free direct deposit, a free ATM card, free online statements, and 24/7 live customer service.

This is a tiered interest savings account that offers higher rates on higher balances. There's a monthly fee of $15 that can be waived by meeting certain requirements. This account also offers free incoming wire transfers, official bank checks, money orders, and stop payments.

TD Bank’s CDs have terms ranging from three months to five years and require a minimum opening deposit of just $250. While the standard APY for a TD Bank CD is 1%, relationship rates can be as high as 4%.

TD Bank offers a number of different credit cards, including balance transfer cards, rewards credit cards, cash-back cards, credit cards with no annual fee, and low introductory APR credit cards.

Customers who are looking to purchase a home, renovate their current home, or refinance their existing home loan can take advantage of TD’s home lending products.

With the TD Bank Fit Loan, customers can borrow $2,000 to $50,000 with terms ranging from 36 months to 60 months. Interest rates range from 8.99% to 23.99% APR and there are no origination fees, application fees, or prepayment penalties.

TD offers five different types of accounts for those who want to boost their retirement savings, including IRAs and IRA CDs.

Here’s a look at some of the fees you might encounter as a TD Bank customer:

Read more: What are bank fees, and how do I avoid them?

Before becoming a customer, you should be aware of a few major pros and cons of banking with TD Bank.

Pros:

Large branch and ATM network: TD Bank operates over 1,100 branches nationwide and a network of 2,600 ATMs, which is a bonus for customers who prefer a face-to-face banking experience or need to make frequent deposits and withdrawals.

24/7 customer service: TD Bank offers 24/7 live customer support, so you can always get a real person on the line to answer your questions.

Cons:

Lower yields on savings accounts and CDs than competitors: Compared to other banks and credit unions, TD’s savings and CD rates aren’t the most competitive on the market. If you’re on the hunt for the highest possible APY, it may pay to shop around.

High overdraft fee: At $35 per transaction and up to three overdraft fees per day, TD Bank’s overdraft fee is on the higher end.

TD Bank representatives are available via phone and app 24 hours a day, seven days a week.

TD Bank’s mobile app is available for download in the Apple App Store and Google Play and has a user rating of 4.8 and 4 stars, respectively. Customers can use the app to view account balances and activity, deposit checks, pay bills, send money via Zelle, transfer money between accounts, and more.

As part of its “The Ready Commitment,” TD Bank has committed to supporting the transition to a low-carbon economy by targeting net-zero emissions by 2050 and committing $75 billion by 2030 to help clean economic growth. It has also pledged to create more green spaces in the communities it serves.

Read more: What is sustainable banking?

Yes. TD Bank is an FDIC-insured bank offering coverage up to the federal maximum of $250,000 per depositor, per ownership category.

Your TD Bank routing number depends on the state where you opened your account. You can find your routing number by calling TD Bank, reviewing your bank statement or checks, or by logging into your TD Bank mobile app.

Yes. TD Bank customers can use Zelle to make transfers, send money to family and friends, and more.