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Get more time to avoid fees with Grace Period2Our Grace Period2 gives you until 11 PM ET the next business day to fix an overdraft. Here's how it works:
Log in or sign up for Online Banking so you can keep a close eye on your balance and know when an overdraft happens. 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 AdvanceSM, you are permitting us to authorize and pay ATM and one-time debit card transactions when you do not have enough money available in your account to cover the transaction. A $35 fee applies to each transaction that overdraws your available account balance by more than $50, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 3 fees per day per account). 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 AdvanceSM 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. 1Overdraft Services do not apply to TD Essential Banking Accounts. We may decline or return transactions that would result in an overdraft. Transactions that you make may cause your Account to overdraw but we will not assess your TD Essential Banking Account an overdraft fee or return item fee. For example, preauthorized transactions and other transactions may post to your Account even when the available balance in your Account is not sufficient to pay the transaction. 2When items are presented for payment that result in your available Account balance being overdrawn by more than $50, Overdraft Grace provides you with an opportunity to receive refunds for overdraft fees if your available Account balance is at least $0, inclusive of any pending or posted items, at the end of the next business day. 3For the purposes of determining your available Account balance and processing items to your Account, including deposits made in an attempt to bring the available Account balance to at least $0, all items are processed overnight at the end of each Business Day (which excludes Saturdays, Sundays, and federal holidays). Items are processed, and funds are made available to your Account based on our Processing Order and Funds Availability Policies. Please see our Personal Deposit Account Agreement for full details. 4Deposits follow our Funds Availability Policy. †By clicking on this link you are leaving our website and entering a third-party website over which we have no control. Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is responsible for the content of third-party sites hyper-linked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third-party sites. Third-party sites may have different Privacy and Security policies than TD Bank US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.
 If you’re a customer at TD Bank — or any bank, for that matter — there might have been times when you had more money leaving your checking account than coming in. Maybe you mistimed a direct deposit or didn’t understand the rules about when a deposit becomes available. Small mistakes like these can cost you a lot of money in the form of overdraft fees. At TD Bank, an overdraft fee will set you back $35 if you overdraft by over $50. To make matters worse, if you have more than one debit card transaction or check come in on a day when your account balance is low, you might be charged up to three overdraft fees per day. That’s $105 in charges for not staying on top of your checking account balance. Luckily, there are ways to avoid TD Bank overdraft fees. How Much TD Bank Overdraft Fees CostHere’s a breakdown of how much you’ll have to pay for various TD Bank overdraft fees:
About TD Bank: Convenience, Selection and Service TD Bank Overdraft Fee Rules and LimitsTD Bank limits its overdraft fees to a maximum of three per day, for a total charge of $105. If you overdraw your balance by less than $50, the amount will be covered by the bank without incurring a $35 overdraft fee. Although that might sound helpful, it’s still important to stay on top of your spending to avoid getting stuck with a hefty overdraft charge. How To Get TD Bank Overdraft ProtectionMistakes happen, and overdraft protection can soften the blow by reducing the amount you have to pay in case you overdraw your account. TD Bank gives you three overdraft protection options: Standard Overdraft ServiceTD Bank’s Standard Overdraft Service comes with most of the bank’s checking accounts. With this service, TD Bank will allow ACH transfers, recurring debit card purchases and personal checks in amounts that exceed your account balance up to three times per day. You’ll be charged the $35 overdraft fee for these items. TD Debit Card AdvanceIf you’d like to ensure that TD Bank pays rather than declines your debit card and ATM transactions, you’ll need to enroll in TD Debit Card Advance. TD Bank will pay your debit card purchases but still charge you the $35 overdraft fee if you’re overdrawn more than $50. Savings Overdraft ProtectionIf you link your TD Bank savings account and enable Savings Overdraft Protection, TD Bank will automatically transfer the amount you need from your savings account to cover transactions in your checking account. You’ll be charged $3 per day for the service. Any transactions for more than what’s available in your savings account will still incur the $35 overdraft fee. Is Overdraft Protection Worth It?If you tend to overdraw your account, it makes sense to expand your overdraft protection by linking a savings account and opting for TD Bank’s Savings Overdraft Protection. You might be charged a $3 fee per day each time the service is triggered, but it’s cheaper than a $35 overdraft fee. You also won’t have to worry about your checking account being in the negative. Even if you think you’re better off having the bank decline your debit card charges to save money on the TD Bank overdraft fee, you might still be on the hook for a bounced or returned check. The recipient of the check can legally charge you between $20 and $50 if TD Bank doesn’t honor the check you wrote. And if the recipient is in Ohio or Florida, the state allows for returned check penalties of 5% or 10% of the check total, which could cost you hundreds of dollars, depending on the amount you wrote the returned check for. Learn More: Do Bank Overdrafts Affect Your Credit? How To Get TD Bank Overdraft Fees WaivedThe best way to avoid overdraft fees is to spend responsibly and monitor your account balances regularly by downloading the TD Bank mobile banking app. But if you do get an overdraft fee and want to get it waived, here’s what you need to do:
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Information is accurate as of Nov. 29, 2022. Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article. Can I get my money back from overdraft fees?Yes, it's possible to get your bank to refund overdraft fees. It's often as simple as contacting your bank and asking them to refund the fees, though it likely helps to have a good relationship with the bank, such as making your payments on time and rarely having overdraft fees.
How many times will TD Bank let you overdraft?TD Bank Checking allows up to 5 overdrafts per day at a $35 fee each. TD Beyond Checking allows one overdraft per day at a $35 fee. TD 60 Plus Beyond Checking allows one overdraft per day at a $35 fee.
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Will TD Bank refund overdraft fees?
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