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Does "$100 minimum daily balance" mean I have to have at least $100 every day in my account? Or is it 100x30=$3000 as monthly?
Abdul, New York city
July 23, 2017 09:26:12 AM
In reply to Abdul, New York city
Good morning, Abdul! Thanks for coming to TD Helps with a great question.
We'd be happy to help explain the minimum daily balance on your account. From the info you've provided, it sounds like you have a TD Convenience Checking Account.
If the minimum daily balance for your account is $100, the account must maintain at least that balance at the end of every day in order to have the maintenance fee waived. If the account closes out below $100 on any given day, a maintenance fee will automatically be generated and applied at the end of the statement cycle. Please know, only one fee is charged per month, regardless of how many days the account closes out below $100. Please click here: https://go.td.com/2v9Gm8C for additional info on our TD Convenience Checking account, including maintenance fee costs.
We want to make you aware of a great tool, called Balance Alerts, which could help you with maintaining your balance. If you set up this feature, we can notify you if your account drops below a certain threshold which you set.
To set up alerts through your online banking, first click here: https://go.td.com/1eaISlq to login. Once logged in, click on the “Alerts” tab at the top of the screen and select "Set Up New Alert". Then choose the type of message you want to receive and enter your specifications. Once you've set this up, we'll notify you if your account drops below the amount you've set.
If you have any questions at all, please don't hesitate to give us a call 24/7 at 888-751-9000 or stop in to see us at any of our Stores. To find one near you, please click here: https://go.td.com/1nq31dc.
We hope you're having a great weekend, Abdul!
Candice A, Mount Laurel
July 23, 2017 09:26:55 AM