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Frequently Asked Questions

What is TD Debit Card AdvanceSM?

TD Debit Card Advance is a discretionary overdraft service you can add to your personal checking account that allows us to approve ATM transactions and one-time debit card purchases, at our discretion, if you don't have enough money available in your account.

Enrollment is not automatic - you must sign up for it. If you want to activate this overdraft service on your checking account, we need to hear from you: Please read this Important Information about TD Debit Card Advance.

Are there fees for the service?

You may overdraw your account by up to $5 without being charged an overdraft fee. If your negative balance exceeds $5, we will charge you a $35 overdraft for each transaction that overdraws your account. We will not charge more than 5 overdraft fees per day.

Please note, a one-time $20 Sustained Overdraft fee is charged when your account balance remains negative for 10 consecutive business days.

If I have TD Moneyline or Savings Overdraft Protection, do I still need this service?

TD Moneyline and Savings Overdraft Protection allow us to access funds from other accounts you have with us to cover transactions that would overdraw your account. However, if you don't have sufficient funds available in those accounts, your ATM transactions and one-time debit card purchases may be declined. TD Debit Card Advance allows us to approve these transactions at our discretion if you don't have enough money available in any of your accounts.

Are there alternatives to TD Debit Card Advance?

We also offer overdraft protection plans, such as a link to a savings or money market account or to an overdraft line of credit, which may be less expensive. Learn more about your overdraft options.

How do I get TD Debit Card Advance?

We offer TD Debit Card Advance on our personal checking accounts, so if you'd like to enroll, stop by any TD Bank, call 888-751-9000 or log in to Online Banking.

If I sign up, will my debit card charges always be approved?

Once you are enrolled in TD Debit Card Advance, we take your relationship, account history and spending patterns into account when making a decision to approve or decline a transaction. We typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft.

When do I need to make my deposit to avoid an overdraft fee?

Make your deposit or account transfer before you make any purchases. For information regarding your availability of deposits, please read our Personal Deposit Account Agreement. You may also be able to cover checks drawn on your account if you deposit by the cutoff time of the business day. Cutoff times:
  • Store deposits – made at a TD Bank Store teller station prior to 8:00 p.m. (Eastern Time)
  • Phone and online transfers – 11:00 p.m. (Eastern Time)
  • ATM deposits – 8:00 p.m. (Eastern Time) – Only $100 is available for accounts opened longer than 90 days.

What happens to my debit card withdrawals and purchases if I don't enroll in TD Debit Card Advance?

If you do not choose to enroll in TD Debit Card Advance, your one-time debit or ATM transactions may be declined the moment you swipe your card if you do not have enough money available in your checking account and no fee will be assessed. We may authorize and pay overdrafts for your other transaction types at our discretion.

Can I change my mind after I make a decision about TD Debit Card Advance?

Yes, you may change our mind at any time – simply let us know. We're here to answer all your questions and discuss your options. You can call 888-751-9000, stop by any TD Bank to chat or log in to Online Banking to change your preference in the Service Center.

Why does posting order matter?

Transactions on personal TD Bank checking and money market accounts will generally be processed in the order in which they occurred. Be sure to deposit funds before spending them in order to avoid overdraft fees. For more information about how we process transactions, please read our Personal Deposit Account Agreement (334k PDF).

What if I want all transactions, including checks and recurring Automatic Clearing House (ACH) debits, returned or declined when there is not enough money available in my account?

Please call us at 888-751-9000 or stop by any TD Bank to discuss your options.



Important Details About TD Debit Card Advance
By enrolling in TD Debit Card Advance, you authorize us to permit ATM transactions and one-time debit card purchases to overdraw your account. A $35 fee applies to each transaction presented to us for payment that results in your available account balance being, or remaining, overdrawn by more than $5, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means. You are obligated to pay overdrafts immediately. A one-time $20 sustained overdraft fee is charged when your account balance remains negative for 10 consecutive business days. Whether an overdraft will be paid is our discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. TD Debit Card Advance is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit. The order in which transactions are processed may affect the total amount of overdraft fees incurred.For more information see the Personal Deposit Account Agreement.