At TD Bank you can choose the combination of overdraft services that is right for you.
|What it is||Links your savings or money market account to checking to help prevent overdrawing your account||A service to automatically transfer available funds from your TD Moneyline unsecured line of credit, up to your available credit limit, to prevent overdrafts on your checking account||Discretionary overdraft services that may help you avoid ATM and one-time debit card declines even when you have a zero balance|
|How it works||Funds from your savings or money market account are transferred to your checking account which may help protect you from overdrawing your account||Once your loan application is approved, should your checking account balance drop below zero, your checking account may be covered up to your available limit (minimum of $500 up to a maximum of $5,000)||This discretionary overdraft protection allows us to authorize ATM transactions and one-time debit card purchases if you don't have enough money available in your account. Overdraft fees apply if your negative balance exceeds $5 at the end of the day.|
|Account requirements||Checking account and a savings or money market account||Checking account linked to a TD Moneyline unsecured line of credit – credit approval is required||A personal checking account with debit or ATM card|
|Fees (78k pdf)||$10 per daily transfer||$25 annual fee, $10.00 per daily transfer, fixed rate interest charged only when you use your line of credit*||$35 per overdraft, up to 5 overdrafts per day. A one-time $20 sustained overdraft fee is charged when your account balance remains negative for 10 consecutive business days.|
|How to activate||Visit a store to activate your overdraft services|