[Targeted] TD Bank $1,600 Savings & $400 Checking, Plus $100 [CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA]

Update 3/29/25: The landing page states that the offer is targeted and “available only to the person addressed in the mailer or email.” Not worth signing up unless you were targeted. It also shows a May 23, 2025 expiration. (When I checked for targeted terms yesterday I did not see this. I probably confused this offer page with the offer page on the other public offer.)

 Offer at a glance

• Maximum bonus amount: $2,000 (plus $100 Swagbucks)
• Availability:CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA
• Direct deposit required: Yes, $2,500 for $400 bonus
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Up to $1,000 (a lot of cards process as cash advance)
• Monthly fees: Up to $25, waive-able
• Early account termination fee: Six months, bonus forfeit
• Household Limit: None mentioned
• Expiration date: March 31, 2025

The Offer

Direct link to offer

• TD Bank is offering a bonuses of up to $2,000, bonuses are broken down as follows:
  • $400 Beyond Checking Bonus:
    • Open Beyond checking account and make $2,500 in direct deposits within the first 60 days.
  • $1,600 Signature Savings Bonus:
    • Deposit $200,000 or more in new money within 20 days and maintain that balance for 90 days for the full $1,600 bonus
    • There are lower tiers as well:
      • $1,000 for $100k deposit
      • $600 for $50k deposit
      • $400 for $30k deposit
      • $200 for $10k deposit

I believe this offer is available for everyone and I believe you can do the savings offer or the checking offer or both offers.

The Fine Print

• Customers who received a bonus on a prior checking and/or savings account do not qualify.
• One checking and/or savings bonus per Customer and cannot be combined with any other offer. Customers who received a bonus on a prior checking and/or savings account do not qualify
• $400 bonus offer available to eligible new personal checking Customers when opening a TD Beyond Checking account with cumulative direct deposit funds of $2,500 or more into the new checking account within 60 days of account opening.
• Qualifying direct deposits include your paycheck, pension, government benefits (such as Social Security), or other eligible regular monthly income from your employer or the government electronically deposited into your checking account.
• Person-to-person and bank transfers between your TD Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
• Savings offer is available to new personal savings Customers who do not have an existing or prior personal savings or money market account at TD Bank within the preceding 12 months and complete the required qualifying criteria.
• $200 bonus offer available to eligible new personal savings Customers who open a TD Preferred Savings or TD Simple Savings account (CDs, IRAs and Money Market accounts excluded) and deposit $20,000 or more in new money within 20 calendar days of account opening and maintain a minimum daily balance of $20,000 for at least 90 days from the date the deposit requirement is met. New money is funds that are not currently held in a TD Bank retail deposit account. Broker, municipal, commercial and small business deposits are not included.
• Once the offer criterion is met, the bonus will be credited to the new personal checking and/or personal savings account no later than 140 days from account opening. Account(s) must remain open, active, in good standing and in the same product type through the qualifying period to receive the bonus.
• If either checking or savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.
• TD Bank may issue you an IRS Form 1099-MISC, or other appropriate forms reporting the value of the bonus.
• Offer may be withdrawn at any time and is subject to change.
• One bonus per account per Customer and cannot be combined with any other offer.
• In the event any of the above-mentioned checking or savings accounts are no longer for sale, offer is transferable to an equal tier account. TD Bank employees and Canadian cross-border banking Customers are not eligible.

Our Verdict

The prior deal was $300 for the checking; this deal is $100 more. (You should also be able to get ~$100 on top of either offer by signing up via Swagbucks/MP.)

The savings is the bigger bump here with a possible bonus of up to $1,600. It does require $200,000 deposit, but there is a bump rate for someone with $100k+ of 3.51%, so there interest rate is decent. I’d consider this if I had the cash to hold up for a few months. I’d maybe do the $100k tier for the $1,000 savings bonus.

We will add this to our list of the best bank account bonuses.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times