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Current TD BANK customers w/no Savings account in past 12 months, $200 offer for $20K deposit after 90 days.

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I got this email today, not sure if its for everyone but looks like it from the 'fine print'.

email reads:

When you open a TD personal savings account and deposit $20,000 or more in new money within 20 days of account opening. Then, maintain a balance of at least $20,000 for 90 days from the date the deposit requirement is initially met.

Offer ends June 30, 2022

Fine Print:

Offer valid April 1, 2022 through June 30, 2022. Savings offer is not available to existing TD Bank savings Customers, prior Customers who have had a TD Bank personal savings or money market relationship within the preceding 12 months or Customers who have received a bonus on a previous savings account at any time. Accounts must be opened online and through a qualifying website.

To qualify for the $200 personal savings cash bonus, new personal savings Customers must open a TD Beyond 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 the account opening date. Then, maintain a balance of at least $20,000 for 90 days from the date the deposit requirement is initially 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. The primary owner of the new personal savings account must be the person who supplies a Social Security Number for tax reporting purposes.

Once the offer criterion is met for all qualifications, the bonus will be credited into the new personal savings account no later than 140 days from the account opening date. Accounts must remain open, active, in good standing and remain in a qualifying product type in order to receive the bonus. If the savings account is closed by the Customer or TD Bank within 6 months after the account opening date, TD Bank reserves 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 Offer may be withdrawn at any time and is subject to change. TD Bank Employees and Canadian Cross-Border banking Customers are not eligible.

2 Savings Overdraft Protection is an optional service that account holders may enroll in to link a savings or money market account to a checking account. If your checking account available balance is negative at the end of the day, money will be automatically transferred from the linked savings or money market account to your TD Checking account. A $3 transfer charge per day may apply to your linked TD Checking account when funds are transferred. The available balance in your linked savings or money market account must have sufficient funds to cover the overdraft amount and the transfer fee. Please refer to TD Bank Overdraft Protection and Services for information on Savings Overdraft Protection.

To ensure future delivery of promotional messages from TD Bank to your inbox, please add [email protected] to your address book.

This email is an advertisement or solicitation. If you no longer wish to receive TD Bank promotional emails, please unsubscribe.

Email Security: Protecting your privacy is TD Bank's priority. We will never ask you to confirm your account number, PIN, password or any other personal information via email. If you are concerned that you have received fraudulent email, proprietary information or would like to report a suspicious email, please forward the email to [email protected] or contact the TD Bank Phishing and Identity Theft Hotline at 1-800-893-8554 immediately. For more information, please visit tdbank.com/security.

For written correspondence, please contact us at:
TD Bank, Attention: Marketing
P.O. Box 9540
Portland, ME 04112-9540

Member FDIC | TD Bank, N.A.
© 2022 TD Bank, N.A. All Rights Reserved.



https://www.td.com/us/en/personal.../featured/
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Created 05-12-2022 at 07:44 AM by David36
in Finance
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Joined Nov 2011
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capitol9000
05-12-2022 at 10:18 AM.
05-12-2022 at 10:18 AM.
But then you have to deal with a shit ass bank??
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Joined Jun 2007
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slickwerty35
05-13-2022 at 05:14 AM.
05-13-2022 at 05:14 AM.
200/20K/90-day = only 4% APY when inflation is >8.5%
Inflation-pegged bonds are a better payout if you can wait a year+
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Joined Jul 2008
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geetu7
05-15-2022 at 04:09 AM.
05-15-2022 at 04:09 AM.
Can anyone speak to this...A $3 transfer charge per day may apply to your linked TD Checking account when funds are transferred.

Also what is the minimum amount you need to keep in the savings acing after 3 months for it to be a free account?
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Joined May 2021
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ImagineNoReligion
06-16-2022 at 07:26 PM.
06-16-2022 at 07:26 PM.
How to report this as a repost of "TD Bank $500 bonus for new checking+savings account"?
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Joined Nov 2017
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YinghongS
10-10-2022 at 11:03 AM.
10-10-2022 at 11:03 AM.
I opened account in June but I was told"...we would advise to give more time for the promotional balance to be added to your account. The bonus offer can take up to the 180th day from the account opening date to be applied to your account." Is it false advertising?
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