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TD Bank Overdraft Protection and Services
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How Overdraft Services Work
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Standard Overdraft Service
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TD Debit Card Advance*
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Savings Overdraft Protection
How overdraft services work
- What is an overdraft fee?
An overdraft fee is assessed when funds are not available in your TD Checking account and TD Bank pays for or returns the transaction - How do overdrafts happen?
If your transactions exceed your available balance, you will incur overdraft fees. All transactions are processed at the end of each day. Find out more about posting order in your account guide - What are overdraft services?
They allow TD Bank to pay transactions at TD's discretion when funds are unavailable. If TD pays a transaction, a fee is assessed. TD offers Standard Overdraft Service and TD Debit Card AdvanceSM*
- What is overdraft protection?
A service that will cover a transaction when funds are unavailable by transferring funds from a linked account. If funds are transferred, a fee may apply. TD offers Savings Overdraft Protection - How can I avoid overdrafts?
Keep track of your account activity and balance with the TD Mobile Banking App. You can also set up custom e-mail alerts at different balance levels like $500, $300 and $100 to help you monitor spending
What are my overdraft options?
Standard Overdraft Service
Standard Overdraft Service is an automatic service that considers all transactions for payment at TD's discretion.
Exception: one-time debit card and ATM transactions that exceed available funds will be declined.
TD Debit Card Advance*
TD Debit Card Advance* is a discretionary service that allows one-time debit card and ATM transactions that exceed available funds
Coverage is in addition to Standard Overdraft Service.
Savings Overdraft Protection
Savings Overdraft Protection is an optional protection that links to a TD Savings or Money Market account to cover transactions up to your available balance.
How TD Bank overdraft options work in day-to-day banking
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
Standard Overdraft Service
TD Debit Card Advance*
Savings Overdraft Protection
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
Standard Overdraft Service
Standard Overdraft Service helps you avoid bounced checks and declines on recurring payments.
- Applies automatically
This discretionary service comes standard on your account. When funds are not available in your account, TD Bank may pay most transactions, except one-time debit card and ATM transactions - $35 fee per overdraft
No overdraft fee applies on transactions that overdraw your available balance by $5 or less1 - 5 maximum fees per day
Your daily overdraft charges are limited
- Add Savings Overdraft Protection
If you have a TD Savings or Money Market account, you can enroll in this optional protection that links your accounts to cover transactions up to your available balance - Add TD Debit Card AdvanceSM*
Enroll in this discretionary overdraft service and you may avoid ATM and one-time debit card declines
Make the most of your account
Balance alerts
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
TD Debit Card AdvanceSM*
For customers who wish to have one-time debit card purchases and ATM transactions approved when they don't have sufficient funds available in their account.
- Add optional overdraft service
TD Debit Card Advance* includes one-time debit card and ATM transactions to your current overdraft coverage, when there's not enough money in your account to cover the transaction - Your choice
TD Debit Card Advance* is optional and requires enrollment. If you don’t enroll, ATM and one-time debit card transactions will be declined (and no fee assessed) if funds are not available - $35 fee per overdraft
No overdraft fee applies on transactions that overdraw your available balance by $5 or less1
- 5 maximum fees per day
Your daily overdraft charges are limited - Add Savings Overdraft Protection
If you have a TD Savings or Money Market account, you can enroll in this optional protection that links your accounts to cover transactions up to your available balance
How to sign up for TD Debit Card Advance*
Enrollment is required for TD Debit Card Advance.* Once enrolled, the service is available the next business day. You continue to use your debit card as usual, and in the event that you do not have enough funds, one-time debit card purchases and ATM transactions will be considered for payment.
If you don't enroll, all one-time debit card purchases and ATM transactions will be declined at the time of swipe and no fees will be assessed.
Enroll online, in person or over the phone
Make the most of your account
Balance alerts
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
1We will not assess overdraft fees on transactions that overdraw your available balance by $5 or less.
Savings Overdraft Protection
Help avoid overdraft and return check fees by linking a TD Savings or Money Market account.
- Link to your TD Savings or Money Market to cover overdrafts
If your available balance is negative at the end of the day, money will be automatically transferred from the linked account to your TD Checking account - Cover transactions up to your combined available balance
The available balance in your TD Savings or Money Market Account must cover the overdraft amount, plus the transfer fee - Enroll for coverage
Savings Overdraft Protection is optional, and requires enrollment. There is no annual fee and no credit approval
- $10 per day when a transfer is made
Transfer charges apply when funds are transferred to the linked checking account. Standard overdraft fees apply for overdrawn payments beyond your joint available balance - Add TD Debit Card AdvanceSM*
When Savings Overdraft Protection isn't enough to cover a potential overdraft plus transfer fee, enrolling in this discretionary overdraft service may help to avoid ATM and one-time debit card declines
How to sign up for Savings Overdraft Protection
To enroll in Savings Overdraft Protection, you must:
- Be a current TD Bank customer with a personal checking account, plus a TD Savings or Money Market Account
- Enroll in person at your local TD Bank
Make the most of your account
Balance alerts
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.
If you have any questions or concerns about which service is right for you, talk with a representative at your local TD Bank.
*Important Details about TD Debit Card AdvanceSM
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred. For more information see the Personal Deposit Account Agreement.