TD Bank Bonus: Up to $500 for New Accounts

TD Bank is offering a lucrative bonus of up to $500 for new customers opening both checking and savings accounts. The offer is valid until October 31, 2025, and varies depending on the account types chosen. For checking accounts, customers can receive either a $200 bonus with a TD Complete Checking account requiring a $500 direct deposit within 60 days, or a $300 bonus with a TD Beyond Checking account requiring a $2,500 direct deposit within the same timeframe. A separate $200 bonus is available for new savings accounts (Signature or Simple Savings) upon depositing $10,000 or more within 20 days and maintaining that balance for 90 days. Additional bonuses of $60 or $90 might be available through Swagbucks or InboxDollars. Eligibility is limited to residents of specific states (CT, DE, DC, FL, ME, MD, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA) and is restricted to those without existing or recently closed TD Bank accounts. The accounts must remain open for 90 days to receive the bonuses. The monthly fees for checking accounts ($25 for TD Beyond Checking, $15 for TD Complete Checking) are waived with minimum balance requirements. Savings account fees are waived when linked to a TD checking account. The bonus is taxable and reported on a 1099-MISC form. While the higher bonus requires a larger initial deposit, the $200 savings bonus offers a considerable 8% return on the $10,000 deposit, making it an attractive offer for those who meet the requirements. The direct deposit requirement can be fulfilled through ACH transfers if direct deposit isn't feasible. Overall, this is a compelling offer, but prospective customers should carefully consider the eligibility requirements, fees, and balance maintenance conditions before applying.

(Source: https://dannydealguru.com/td-bank-bonus/)