What is the monthly fee for TD chequing?

TD chequing monthly fees range from $3.95 (TD Minimum Chequing, 12 transactions, flat fee) to $30.95 (TD All-Inclusive, unlimited). The most commonly used unlimited account — TD Unlimited Chequing Account — costs $17.95/month and is waived when you maintain a $4,000 minimum daily balance. TD Every Day Chequing is a cheaper mid-tier option at $11.95/month (waived at $3,000), with 25 transactions/month. TD does not offer a no-fee chequing account for standard personal banking. (Source: td.com, verified August 2026.)

What is the TD NSF fee?

TD charges a $35 NSF (non-sufficient funds) fee each time a payment is returned due to insufficient funds. This is slightly lower than RBC's $45 NSF fee. The Government of Canada capped NSF fees at $48 for federally regulated banks in 2024. TD's overdraft protection plan ($5/month) is worth enabling if overdrafts are a realistic possibility — a single NSF fee costs the equivalent of seven months of the protection plan.

Does TD charge for e-Transfers?

Interac e-Transfers are included free with TD Every Day Chequing, TD Unlimited Chequing Account, TD All-Inclusive, TD Student Account, and TD New to Canada plans. TD Minimum Chequing clients have e-Transfers count toward the 12-transaction monthly limit. Receiving an e-Transfer is always free regardless of account type.

What is the TD All-Inclusive plan and what fees does it waive?

TD All-Inclusive costs $30.95/month and is waived when you maintain a $6,000 minimum daily balance. It includes unlimited transactions, free domestic wire transfers, free bank drafts, a free safety deposit box rental, a free annual fee rebate on select TD credit cards, and unlimited e-Transfers. For clients who use two or more of these perks and maintain the $6,000 balance, the plan costs $0 net while providing services that would otherwise total well above $30/month.

How can I avoid TD monthly fees?

Maintain the minimum daily balance for your account plan: $3,000 for Every Day Chequing, $4,000 for Unlimited Chequing Account, $6,000 for All-Inclusive. TD Minimum Chequing is a flat $3.95/month with no balance-waiver option. Fee waivers are automatic when the threshold is maintained for the full month. Students qualify for the free Student Account. Newcomers receive free banking for the first year under the New to Canada Package.

TD Bank Fees 2026 | Chequing, Wire Transfer & Service Fees

TD’s fee structure is similar to other Big 5 banks — tiered monthly account fees with balance-based waivers, plus service fees for transactions beyond what each plan includes. The standout feature is the TD All-Inclusive plan, which bundles a meaningful set of fee-waived services (wire transfers, bank drafts, credit card annual fee rebate) for clients who can maintain the $6,000 balance threshold.

Monthly Account Fees

Source: td.com, verified August 2026. TD’s fee schedule can change — confirm current rates before opening an account.

Account	Monthly Fee	Fee Waiver Balance	Transactions Included
TD Minimum Chequing	$3.95	None (flat fee)	12/month (incl. 2 full-serve) + unlimited transit
TD Every Day Chequing	$11.95	$3,000 min. daily balance	25/month + unlimited transit
TD Unlimited Chequing Account	$17.95	$4,000 min. daily balance	Unlimited
TD All-Inclusive Banking Plan	$30.95	$6,000 min. daily balance	Unlimited + all extras
TD Student Chequing	$0	No requirement (until 23 or proof of enrollment)	Unlimited
TD New to Canada	$0 (first year)	No requirement	Unlimited

Service and Transaction Fees

Everyday Banking Fees

Fee Type	Amount
Interac e-Transfer (all plans)	Free
Non-TD ATM withdrawal (Canada) — TD fee	$2.00 (no TD fee at any ATM in Canada with Unlimited Chequing Account)
Non-TD ATM withdrawal — operator surcharge	$2.00–$3.00
Non-TD ATM withdrawal (international)	2.5% FX fee + operator surcharge
Paper statement	$2.25/month (waived with eStatements)
Cheque image retrieval	$5.00 per image
Stop payment order	$12.50
Certified cheque	$10.00
Bank draft	$10.00 (free with All-Inclusive)
Money order	$7.50

Overdraft and NSF Fees

Fee Type	Amount
NSF (returned payment)	$35.00
Overdraft protection monthly fee	$5.00/month (if used)
Overdraft interest rate	~21% per annum on overdrawn balance
Account transfer (overdraft coverage)	No fee if linked savings account covers shortfall

TD’s NSF fee of $35 is lower than RBC’s $45 — a small but real difference for clients who occasionally have a payment returned.

Wire Transfer Fees

Transfer Type	Fee
Domestic wire (outgoing)	~$25.00 (free with All-Inclusive Banking Plan)
International wire (outgoing)	~$40–$65 (varies by amount/currency)
International wire (incoming)	~$15.00

See the full TD wire transfer guide for limits and processing times.

Foreign Currency Fees

Fee Type	Amount
Foreign currency purchase (Visa debit)	2.5% of transaction
Foreign ATM withdrawal	2.5% of withdrawal
USD account transactions (US TD Bank)	No FX fee for USD purchases

Credit Card Annual Fees

Card	Annual Fee
TD Cash Back Visa	$0
TD Rewards Visa	$0
TD First Class Travel Visa Infinite	$120
TD Cash Back Visa Infinite	$139
TD Aeroplan Visa Infinite	$139
TD Aeroplan Visa Infinite Privilege	$599

TD All-Inclusive account holders receive an annual fee rebate on one qualifying TD credit card (up to a set amount — confirm the rebate cap with TD). This rebate effectively reduces the cost of holding a premium TD card for clients who already maintain the $6,000 All-Inclusive balance.

Investing Fees (TD Direct Investing)

Fee Type	Amount
Standard equity trade	$9.99
Active trader equity trade (150+ trades/quarter)	$7.00
Options (base + per contract)	$9.99 + $1.25/contract
Mutual fund purchase	$0 (no-load funds)
Account administration fee	$25/quarter (waived at $15,000+ balance)
RRSP/TFSA administration fee	$25/year (waived at $15,000+)

How to Avoid TD Fees

Fee	How to Avoid
Monthly account fee	Maintain minimum daily balance (varies by plan)
Paper statement fee	Switch to eStatements in TD EasyWeb
Non-TD ATM fee	Use TD Green Machine ATMs (3,500+ across Canada)
Foreign transaction fee	Use TD US dollar account for US purchases
NSF fee	Enable overdraft protection ($5/month) or linked savings coverage
Domestic wire fee	Upgrade to TD All-Inclusive (free domestic wires included)
Bank draft fee	TD All-Inclusive includes free bank drafts
Credit card annual fee	TD All-Inclusive rebate covers one qualifying card

Fee Schedule Changes

TD updates its fee schedule periodically. The figures on this page were accurate as of August 2026. For the most current rates, refer to the TD Personal Banking Fee Schedule at td.com or request a copy at any TD branch. Under FCAC regulations, TD must publish its complete fee schedule publicly and provide 30 days’ notice before any fee increases.