TD Student Chequing Account Guide for Students and Parents

If you're a student looking for a chequing account, TD has a great option for you. The TD Student Chequing Account is a free account that comes with a bunch of benefits.

You can earn 1% interest on your account balance, which is a nice bonus. This interest is paid on the entire balance, not just on the interest earned.

As a student, you can also get a debit card that's linked to your account, which is convenient for making purchases and paying bills. The debit card is free, and you can use it anywhere Visa is accepted.

There are no monthly fees for this account, which is a big plus. You can also get access to TD's online banking and mobile banking app, which makes it easy to manage your account on the go.

Using a chequing account can make a huge difference in your financial life as a student. You can keep this account with no monthly fee until age 23, and even after that, you can continue to keep it with proof of enrollment in full-time post-secondary education.

One of the best things about a TD Student Chequing Account is that you can shop securely online with your TD Access Card. This means you can use your card to make purchases online and in stores worldwide, wherever Visa is accepted.

You can also pay your friends back or chip in for pizza using Interac e-Transfer, which has no transfer fee. This makes it easy to split bills or send money to friends.

The TD Student Chequing Account also offers overdraft protection with no monthly fee. This can cover occasional shortfalls in your chequing account, giving you peace of mind.

If you're a coffee lover, you'll appreciate the fact that you can earn 50% more Stars at participating Starbucks stores by linking your eligible TD Access Card with Visa Debit to your StarbucksRewards account.

Here are some benefits of using a TD Student Chequing Account:

The TD Student Chequing Account is a great option for students with limited budgets. It has no monthly fee for account holders under 23 or with proof of enrolment in a recognized post-secondary institution.

This account offers unlimited monthly transactions, free Interac e-Transfers, and no fees for overdraft protection. This is a huge relief for students who need to manage their finances carefully.

You can also earn daily interest on every dollar in your TD Every Day Savings Account, which is a no-fee savings account. This means you can save money without worrying about extra charges.

Here are the key features of the TD Student Chequing Account:

When you're a student, it's great to have a chequing account that fits your needs. There are several types of TD bank accounts designed specifically for students.

The TD Student Chequing Account is a great option, especially if you're under 23 or have proof of enrolment in a post-secondary institution. It has no monthly fee and offers unlimited monthly transactions, free Interac e-Transfers, and no fees for overdraft protection.

If you're an international student, the TD International Student Banking Package is a comprehensive solution. It includes a TD Student Chequing Account, a TD Cash Back Visa* Card, a TD Savings Account, a TD Direct Investing account, overdraft protection, and international money transfers.

The TD Every Day Savings Account is another no-fee option that earns daily interest on every dollar. You can transfer money to your other TD accounts with no fee, and it allows one free transaction per month.

Here are the key features of each chequing account:

With TD Bank's digital tools, you can easily manage your money and accounts from anywhere. You can keep track of your account, pay bills, and deposit checks from your smartphone or tablet.

The Mobile Banking feature is especially convenient, allowing you to stay on top of your finances even when you're on the go. You can also use the Digital Wallet to add your TD Bank debit or credit card to your smartphone for contactless payments in-store or in-app.

TD for Me alerts will keep you informed about what's new with your account, including security reminders. And if you need a new debit card, you can get one instantly at any TD Bank location.

Paperless statements are another great feature, reducing clutter and making it easier to stay on top of your account activity. You can also explore the Digital Academy to learn how to make the most of online and mobile banking.

If you're traveling abroad, you'll appreciate the Foreign Exchange Services, which allow you to order over 55+ foreign currencies before you spend the semester overseas.

TD Bank doesn't mention deactivating the student checking account if it's not used, but they will cancel the debit card attached to it after 24 months of inactivity.

If you're not using your account, the debit card will be cancelled after 24 months. This is a pretty standard policy across many banks.

The TD student chequing account has some great features, but let's talk about the fees and limits. There's no monthly fee for the account, which is a huge plus.

You can make unlimited transactions per month without incurring any additional fees. That's right, unlimited! If you need to make extra transactions beyond that, you won't be charged anything extra. Interac e-transfers are also free, which is super convenient for sending money to friends or family.

Non-TD ATMs in Canada will cost you $2 per transaction, while foreign ATMs may charge $3 or $5 per transaction, depending on the location. If you want a paper statement, you won't be charged anything, but be sure to opt-out if you prefer online statements.

Here's a quick rundown of the fees to keep in mind:

The TD Bank Complete Student Checking Account also has a few specific fees to be aware of, including a $3 paper statement fee and a $35 overdraft fee. Keep in mind that bank policies can change, so it's always a good idea to check the bank's website or contact customer service for the most up-to-date information.

There's no monthly fee for TD Bank student accounts, which is a big plus. This means you can bank without worrying about additional charges.

If you're using a non-TD ATM in Canada, be prepared to pay $2 per transaction. Foreign ATMs can cost even more, with fees ranging from $3 to $5 per transaction, depending on the location.

You can make unlimited transactions per month with a TD Bank student account, which is great for students with a lot of expenses.

Some accounts may charge a fee for paper statements, but TD Bank student accounts offer free paper statements. If you'd rather receive digital statements, be sure to opt-out.

The TD Bank Complete Student Checking Account has a few fees to be aware of, including a $3 paper statement fee and a $35 overdraft fee.

The TD Bank Complete Student checking account is a great option for students, but let's talk about the maximum balance you can have in the account.

The maximum balance for the TD Bank Complete Student checking account is not limited, you can deposit as much money as you'd like.

It's always a good idea to keep an eye on the account's balance, so you can manage your finances effectively.

For the most up-to-date information on the account's maximum balance, refer to TD Bank's website or contact their customer service.

If you're a college student or young adult, the TD Complete Checking account is a great option for you. This account has three ways to waive your maintenance fee, making it a great choice for students on a budget.

The TD Essential Banking account is a good fit for middle school or high school students aged 13-17 who want an account with the lowest monthly maintenance fee that can be waived. This account has a low monthly fee that can be waived, making it a great option for students who don't want to worry about extra fees.

The TD Simple Savings account is perfect for everyone under the age of 19 who wants a low monthly fee that can be waived, plus other perks to help you reach your savings goals. With a $0 minimum opening deposit, this account is easy to get started with.

Here's a comparison of the three accounts:

I hope this helps you make an informed decision about which TD student chequing account is right for you!

The TD Student Chequing Account is designed for students and youth, and you can keep it with no monthly fee until you're 23. After that, you can continue to have the account with proof of enrollment in full-time post-secondary education.

To open a TD Student Chequing Account, you'll need to meet the eligibility criteria. This account is perfect for students who want to manage their finances securely and easily.

Here are some key eligibility and opening facts to keep in mind:

To open a chequing account, you must be at least 16 years old.

Individuals with a valid government-issued ID can open a chequing account, including Canadians and permanent residents.

You can open a chequing account as a sole proprietor or a business owner, but you'll need to provide additional documentation.

You can also open a chequing account if you're a minor, but you'll need a parent or guardian to co-sign the account.

To open a chequing account, you must be at least 18 years old and have a valid government-issued ID.

You can apply online, by phone, or in person at a branch.

A minimum initial deposit of $100 is required to open a chequing account.

You can fund your account with a one-time payment or set up automatic transfers from another account.

Most chequing accounts come with a debit card and online banking access.

If you're an international student in Canada, you'll want to consider banks that cater to your needs. The best banks for international students in Canada can accommodate your savings, day-to-day banking and financing needs.

In Canada, there are several banks that offer specialized accounts for international students. These banks can help you manage your finances while studying abroad.

For example, TD Bank is a popular choice for international students due to its flexibility and convenience.