TD Bank offers new customers free money, specifically $200, for opening a TD Complete Checking account and setting up a direct deposit. This type of incentive is often referred to as a bank account bonus.
How to Get Free Money from TD Bank
To qualify for the $200 bonus from TD Bank, new account holders typically need to fulfill specific requirements, which generally include opening a personal checking account and establishing a direct deposit.
Here's a breakdown of the key details based on common bank bonus offers:
Bank | Account Type | Bonus Amount | Key Requirement |
---|---|---|---|
TD Bank | Complete Checking | $200 | Set up direct deposit |
Steps and Requirements for the TD Bank Bonus:
- Open a New Account: You must open a new TD Complete Checking account. This offer is typically for new customers, meaning individuals who haven't held an account with the bank recently.
- Set Up Direct Deposit: A crucial step is to set up qualifying direct deposits into your new account. The specific amount or number of direct deposits needed can vary, so it's essential to review the full terms and conditions from TD Bank.
- Meet Timeframes: Banks often impose time limits within which you must complete the direct deposit requirement after opening the account (e.g., within 60 or 90 days).
- Maintain Account: Some offers may require you to keep the account open and in good standing for a certain period after the bonus is deposited.
Bank bonuses like this are a common marketing strategy to attract new customers. For more information on various bank accounts that offer such incentives, you can refer to financial resources like Nasdaq, which often covers these types of promotions.