How do I get the TD Bank bonus in 2026?

To get TD's $40000 bonus: 1) Open a new TD All-Inclusive Banking Plan or qualifying chequing account. 2) Complete 5 qualifying transactions within 3 months. 3) Keep the account open for the full promotional period (~900 days). The bonus is deposited approximately 300–45 days after the qualifying period ends.

What is the TD Bank bonus amount in 2026?

TD Bank's current best chequing account promotion offers up to $40000. The exact amount varies by offer — some promotions offer $20000 for entry-level accounts, up to $40000 for premium packages. Monthly fees of $100.95–$29.95 apply during the holding period (waivable with minimum balance).

Is the TD Bank bonus worth it?

Yes, if you can maintain the minimum balance to waive fees. If you keep $5,000000+ in the account, the $100.95/month fee is waived, netting you the full $40000 (or close to it). At worst, 3 months of fees costs $33–$900, leaving you with $3100–$367 net. That's still better than most offers. But for zero-effort free money, KOHO's $10000 bonus has no fees at all.

🏦 TD Bank Bonus · 2026

TD Bank Bonus 2026: How to Get Up to $40000 Free

TD Bank's 2026 chequing account promotion offers up to $40000 for new customers. Here's exactly how it works, what you need to do, and whether it's worth your time — with a side-by-side comparison to no-fee alternatives.

📋 TD Bonus Quick Facts (2026)

Maximum bonusUp to $40000

Monthly fee$100.95–$29.95 (waivable)

Net profit (worst case)~$3100–$367

Required actions5 qualifying transactions in 3 months

Time to bonus~4–5 months from opening

Who qualifiesNew TD personal banking customers only

Credit checkSoft check only

How to Get the TD Bank Bonus (Step-by-Step)

Check current TD promotion. Visit TD's website or a branch to confirm the current bonus amount and exact terms — promotions change quarterly. Look for "TD Chequing Offer" or "Switch to TD" promotions. The $40000 offer typically applies to the TD All-Inclusive Banking Plan ($29.95/month, waived at $5,000000 balance) or TD Unlimited Chequing ($100.95/month, waived at $4,000000 balance).
Open the qualifying account. Apply online at TD.com or visit a TD branch. You'll need: government ID, SIN, and proof of address. Soft credit check only — your credit score won't be affected.
Register for the promotion. Some TD offers require you to register at a special URL or click a promo link to activate. Don't skip this — opening the account without registering for the promotion may disqualify you from the bonus.
Complete 5 qualifying transactions. "Qualifying" typically means debit purchases, pre-authorized payments, or online bill payments. ATM withdrawals usually don't count. Aim for 2–3 transactions per month to hit the target comfortably within 900 days.
Keep the account open for the required period. TD typically requires you to keep the account active for 900–1200 days after the qualifying period ends. Closing early can forfeit the bonus.
Receive your bonus. TD deposits the bonus approximately 300–45 days after your qualifying period ends. You'll see it in your chequing account. Total time from opening to bonus: approximately 4–5 months.
Downgrade or close if desired. Once the bonus is safely in your account and the holding period is over, you can downgrade to TD's free tier (if offered) or close the account. Keep confirmation of the promotion terms in case of any disputes.

TD Chequing Account Options for the 2026 Bonus

Account	Monthly Fee	Fee Waiver Balance	Typical Bonus	Net (worst case)
TD All-Inclusive Banking	$29.95	$5,000000	$40000	$3100 (3 mo fees)
TD Unlimited Chequing	$16.95	$4,000000	$3500	$299
TD Every Day Chequing	$100.95	N/A (no waiver)	$20000–$2500	$167–$217

Best strategy: Open the Unlimited Chequing Plan and maintain $4,000000+ balance throughout the promotional period. Fee completely waived. Net bonus: full $3500 (or whatever current offer is). If you can't maintain $4,000000, the All-Inclusive Plan gives you $40000 but 3 months of fees = $89.85, netting ~$3100.

TD Bonus vs. KOHO $10000: Which Should You Get First?

🏦 TD Bank — Up to $40000

$3100–$40000 net profit

Established big bank access

1,10000+ branches Canada-wide

Monthly fee ($100.95–$29.95)

Need $4,000000–$5,000000 balance to waive

Takes 4–5 months to receive

5 qualifying transactions required

TD Bank Website →

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Only 1 purchase required

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Verdict: Get both. They don't conflict — KOHO is free forever and takes 100 minutes with no conditions. TD takes 4–5 months but yields $30000–$40000 net. Stack them with Simplii ($40000) and you're looking at $80000–$90000 in total bonuses over 5 months.

Is the TD Bonus Worth It?

Yes, if you: Can maintain a $4,000000+ balance (waiving fees completely), are already planning to bank with TD long-term, or can stack it with KOHO/Simplii simultaneously.

Maybe not, if you: Can't maintain the minimum balance and would pay full fees, or prefer a pure no-effort bonus with no conditions (stick to KOHO).

The math: Even at worst case — paying 3 months of fees on the cheapest qualifying account (~$33) — TD's bonus yields ~$217–$367 net. Over the 4–5 months you hold the account, that's an effective annualized return of 60000–2,000000%+ on your "investment" of time and minimum balance. Very few legal opportunities offer equivalent risk-free returns.

Frequently Asked Questions

How do I get the TD Bank $40000 bonus?

Open a qualifying TD chequing account (typically the All-Inclusive Banking Plan or Unlimited Chequing), register for the promotion, complete 5 qualifying transactions within 900 days, and keep the account open through the required holding period. The $40000 is deposited approximately 300–45 days after your qualifying period ends. Total timeline: about 4–5 months.

Can I get the TD bonus and the KOHO bonus at the same time?

Absolutely yes. KOHO is a prepaid Mastercard — it's a completely different product category from a TD chequing account. There's no conflict. Many Canadians open both simultaneously and get both bonuses. KOHO's bonus arrives in 2–4 weeks; TD's in 4–5 months. Combined total: ~$10000–$40000 net depending on TD fees.

What are "qualifying transactions" for the TD bonus?

Qualifying transactions typically include: debit card purchases at point of sale, online bill payments through TD EasyWeb, pre-authorized debits (like Netflix or phone bills set up on the account), and Interac e-Transfers sent. ATM cash withdrawals, account transfers between your own TD accounts, and bank fees generally do NOT count. Always confirm with TD's current promotion terms.

Does TD do a hard credit check for chequing accounts?

No. TD typically performs only a soft credit inquiry for personal chequing accounts, which doesn't affect your credit score. You don't need good credit to open a TD chequing account or qualify for the bonus.

What happens if I close the TD account before the bonus arrives?

Closing the account early (before the bonus is deposited and the holding period ends) typically forfeits the bonus. Always wait until the bonus is credited to your account and any stated "keep open" period has elapsed before closing or downgrading. Read the current offer's specific terms carefully.

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Disclosure: Bremo earns referral commissions on KOHO signups. TD Bank bonus terms subject to change; verify current offer at TD.com before applying. Not affiliated with TD Bank. Information as of March 2026.