One of the 10 largest banks in the United States, TD Bank is providing banking services to more than 7.4 million clients. This bank offers a full range of personal, retail, small and commercial banking products and services at more than 1,250 locations across the nation.
This bank has been providing quality banking services for more than 150 years. It first opened its doors in Portland, Maine, in 1852, as Portland Savings Bank. The bank steadily grew through a series of mergers and was renamed Peoples Heritage Bank in 1983.
Below are the latest TD Bank fees.
|Monthly Inactivity ||N/A|
|Non-Sufficient Fund (Overdraft) ||$35.00
|Stop Payment item ||$30.00|
|Return Deposit ||$35.00
|Domestic Wire Transfer (Outbound) ||$25.00|
|Domestic Wire Transfer (Inbound) ||$0.00|
|Non-Bank ATM (Domestic) ||$2.50|
|Non-Bank ATM (International)||2.5%|
At the beginning of the millennium, the bank again had another milestone. It expanded deeper into New England and changed its name to Banknorth. The TD Bank Group of Toronto got interested with the bank and became its majority stockholder in 2004. The purchase of Banknorth was completed in 2007.
In their bid to expand further in the United States, the TD Bank Group bought Commerce Bank on March 31, 2008 and the new merger was renamed TD Bank, America’s Most Convenient Bank. At present, TD Bank has its headquarters at Cherry Hill, N.J., and Portland, Maine.
TD Bank offers three types of credit cards:
TD Easy Rewards Visa Credit Card
With this card, a customer can earn 10,000 bonus points which can be redeemed for $100 cash back, when he spends $500 within 90 days of account opening. He can also earn 5x reward points on every eligible purchase. There is no annual fee and the customer can pay conveniently either by mail, by phone or in a TD Bank accredited store.
TD Cash Rewards Visa Credit Card
Customers can earn $100 cash back when they spend $500 within 90 days of account opening. They can earn 1 point for every dollar that they spend using the card. There is also no annual fee. This card can be used to pay all kinds of bills including utilities, telephone, cable and so forth.
TD First Class Visa Credit Card
With this card, customers can earn up to 25,000 bonus miles in their first 6 billing statements. They can also earn 3x rewards on all eligible travel and dining purchases every time. This card requires a minimum of $5,000 credit line.
There are two types of savings account which TD Bank offers:
TD Every Day Savings Account
This savings account has no monthly account fee, with interest paid on every dollar which is calculated daily.
TD High Interest Savings Account
This type of savings account provides premium interest rates which are calculated daily. All transactions fees are waived if the minimum monthly balance of $25,000 is maintained. No monthly account fees are charged in this type of account.
All-Inclusive, Every Day Banking
This checking account covers the customer’s day-to-day banking needs. It offers approximately $790 of value in account features.
This account offers $20 discount on the first year of annual credit card fees. It offers approximately $524 of value in account features.
This checking account is designed for customers on a budget, but it also offers approximately $300 of value in account features.