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TD Bank (Member FDIC) has 1,300 branches and 1,900 ATMs, and it is a stable choice for individuals who dwell on the East Coast.
The bank affords three checking accounts: TD Easy, TD Comfort, and TD Past.
TD Comfort and Past supply $150 and $300 sign-up bonuses, respectively; when you aren’t eligible for sign-up bonuses or to waive month-to-month charges, you then may favor TD Easy, which has a decrease month-to-month price.
You do not want a minimal deposit to open any checking accounts with TD Bank.
See Enterprise Insider’s picks for one of the best checking accounts »
You would possibly like TD Bank when you favor banking face-to-face and dwell close to a department alongside the East Coast. TD Bank Comfort Checking and TD Bank Past Checking are good choices when you a) qualify for the sign-up bonus, and b) are eligible to waive the month-to-month price.Associated
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The TD Bank Easy Checking Account is not something particular, however if you wish to bank with TD Bank for different causes and do not qualify for cash bonuses or waived month-to-month charges with the opposite two checking accounts, then it is a tremendous choice. TD SimpleTD ConvenienceTD BeyondSign-up bonusNone$150$300Curiosity earnedNoneNone0.01% – 0.03% APYMonthly service price$5.99$15; may be waived$25; may be waivedOut-of-network ATM price$3$3$0; refunds supplier charges in case your steadiness is $2,500 Open an accountOpen an accountOpen an account
$300 while you obtain $2,500 in direct deposits in first 60 days
Execs & Cons
Entry to 1,301 department places and over 2,800 ATMs
Waive $25 month-to-month price with $5,000 in month-to-month direct deposits, OR $2,500 minimal steadiness, OR complete of $25,000 in all TD Bank accounts
Earn $300 while you obtain $2,500 in direct deposits inside 60 days of opening the account
No opening deposit or minimal account steadiness
Curiosity compounded each day
No opening deposit
2 overdraft price reimbursements per yr
Waive different TD Bank account month-to-month charges when you could have a Past Checking Account
No out-of-network ATM charges
Reimburses out-of-network ATM charges charged by suppliers when your steadiness is at the very least $2,500
$25 month-to-month service price
$35 overdraft price
TD Bank has round 1,300 branches and 1,900 ATMs alongside the East Coast, and it ranks as one in all our high nationwide banks.You do not want a minimal deposit to open any TD Bank checking account.TD Bank prices a $35 overdraft price, as much as 5 occasions per day. You possibly can hyperlink your checking account to a TD financial savings account for overdraft safety, however there is a $Three price every time you switch cash to cowl an overdraft.You possibly can converse with a dwell buyer assist consultant 24/7. Many department places are additionally open seven days per week if you wish to converse to somebody in particular person.The cell app has obtained optimistic critiques, with 4.eight out of 5 stars within the Apple retailer and 4.5 out of 5 stars within the Google Play retailer.Your deposits are FDIC insured for as much as $250,000, or $500,000 for joint accounts.We have in contrast TD Bank checking accounts with accounts at two different big-name banks alongside the East Coast: Bank of America and Residents Bank.
Bank of America
Locations1,300 branches; 1,900 ATMsLocations4,200 branches; 16,000 ATMsLocations1,100 branches; 3,100 ATMsSign-up bonusUp to $300Signal-up bonusUp to $100Signal-up bonusUp to $300Minimal opening depositsNoneMinimum opening deposits$25 or $100Minimal opening depositsNoneOpen an accountOpen an accountOpen an accountTD Bank checking accounts vs. Bank of America checking accountsGeorgia residents will need to go together with Bank of America, and Vermont residents will favor TD Bank — these are the one East Coast states the place every bank would not have a department.Bank of America additionally has branches and ATMs everywhere in the US, so it might be the higher choice when you recurrently journey outdoors the East Coast.Associated
The most effective rewards checking accounts proper now
TD Bank pays larger cash bonuses than Bank of America does, except you select the TD Bank Easy Checking Account, which does not pay a sign-up bonus in any respect. TD Bank additionally would not require any minimal opening deposits, making it a great choice if you do not have a lot cash to get began.TD Bank checking accounts vs. Residents Bank checking accountsYour alternative between TD Bank and Residents Bank may come right down to which state you reside in. TD Bank has branches all alongside the East Coast aside from Georgia. Residents Bank is prevalent within the Northeast, nevertheless it would not have branches within the Southeast or in Maine.Associated
The most effective bank account bonuses proper now
You possibly can earn as much as $300 for opening a checking account with every bank. Nevertheless, you would possibly favor Residents Bank when you additionally need to open a financial savings account. Residents bank pays $300 for opening a checking account, $200 for a financial savings account, and an extra $100 when you arrange checking and financial savings on the similar time — coming to $600 complete.
Get the newest Bank of America stock price right here.
Disclosure: This submit is delivered to you by the Private Finance Insider staff. We often spotlight monetary services and products that may show you how to make smarter choices together with your cash. We don’t give funding recommendation or encourage you to undertake a sure funding technique. What you determine to do together with your cash is as much as you. In the event you take motion primarily based on one in all our suggestions, we get a small share of the income from our commerce companions. This doesn’t affect whether or not we characteristic a monetary services or products. We function independently from our promoting gross sales staff.