TD bank

TD Bank Canada – Review, Branches, Working Hours and ATMs

Toronto-Dominion Bank is without a doubt one of the biggest and most popular banks in Canada, making our list for the 5 best banks in Canada for newcomers and always securing a place in our various credit card rankings.

TD Bank, as it’s popularly called, offers a variety of financial products and services that rival the other big banks. TD Bank possesses a vast network of physical branches and online services, and it was named best Canadian mobile banking app for the second year running by San Francisco-based firm App Annie.

We’re going to do a deep dive into the bank, giving you all the information you should know about TD Bank Canada and helping you decide if it’s a good fit for you.

About TD Bank

It is the second-largest bank in Canada, but it has the most assets, which were valued at $1.7 trillion when this article was written. This bank has over 22 million clients worldwide, 85,000 full-time employees and over 1,100 branches across Canada. TD Bank resulted from a merger of the Bank of Toronto and the Dominion Bank in 1955.

TD’s Services

TD Bank has a plethora of products and services to choose from. It has 4 types of chequing accounts and 3 types of savings accounts. Its most popular services are;

1. TD Unlimited Chequing Account 

This account allows you to make unlimited transactions and waive monthly fees if you maintain a balance of $4,000 and access your money at any ATM without a TD fee. Other details are

  • Monthly Fee: $16.95 
  • Minimum monthly balance for monthly fee rebate: $4,000 
  • Transactions included per month: Unlimited. 
  • Fee Rebate on select TD Credit Cards: First Year 

2. TD All-Inclusive Banking Plan 

This allows for unlimited transactions and waives ATM fees on TD, non-TD and foreign ATMs. The plan also provides a small safety deposit box and personalized cheques at no extra cost. Other details are

  • Monthly Fee: $29.95 
  • Minimum monthly balance for monthly fee rebate: $5,000 
  • Transactions included per month: Unlimited. 
  • Fee Rebate on select TD Credit Cards: Annual

3. TD Every Day Savings Account

This account is ideal for people looking to save funds. It limits your spending to one free transaction per month, each subsequent transaction costs $3, but it makes transfers to your TD accounts free. This account earns a daily interest on every dollar, has an automated savings system and offers a free digital statement; paper statements cost $2 monthly. Other details are;

  • Earns interest on Every dollar 
  • Free transfers to your other TD Canada Trust deposit accounts: Unlimited 
  • Monthly Fee: $0 
  • Non-TD ATM fee (in Canada): $2.00 each
  • Foreign ATM fee (in U.S., Mexico): $3.00 each
  • Foreign ATM fee (in any other country): $5.00 each

4. Credit Cards

With entries in our Best Credit Cards For Students and Best Credit Cards For Youths in Canada articles, TD bank is a strong contender in the credit card market with various options. You’re sure to find one that suits your spending needs. For more information about their credit card catalogue, read Top Rated TD Bank Credit Cards in Canada.

5. Newcomers to Canada

Lastly, TD bank has a program in place for new arrivals to Canada. They have accounts and policies to help newcomers plan a move and then help them settle after they arrive in Canada. Browse their New to Canada program.

TD Branches and ATMs

There are 1,902 Toronto-Dominion ATM and Branch Locations across Canada. You can use its ATM and Branch Locator to find the bank branches and ATMs closest to you.

Working Hours

TD Bank Canada has the longest working hours of all the banks in Canada. Its working schedule varies across branches. For example, the Wetaskiwin branch operates 9:00 am-6:00 pm on Thursdays and Fridays, and the Beaumont branch operates 9:00 am-6:00 pm from Monday to Wednesday; 9:00 am-8:00 pm on Thursdays and Fridays, and 9:00 am-4:00 pm on Saturdays.

To determine the branch’s working hours near you, click here to get all the information you need to know about every TD branch. You can also book an appointment at any branch.

TD Bank ATMs operate 24 hours daily, every day of the week. This operation time is uniform across all ATM locations.


All in all, TD Bank is ideal for people who prefer a bank with a large brick-and-mortar presence, as well as a variety of chequing and savings accounts to choose from. 

However, while TD is big enough to offer you standard and adequate service without interruption, most of its individual products are bested by at least one of its competitors. 

So, people looking to maximize interest earned on deposit products, such as checking and savings accounts, may want to look elsewhere.

Disclaimer: Rates and product offerings are always changing, so this article might not reflect the current market situation. Please contact your financial advisor before making any financial decisions.


What are their Covid-19 precaution procedures?

While some branches are temporarily closed due to Covid-19, some others remain open. However, the bank advises that the customer utilizes any other platforms such as mobile banking and ATMs. They also have drive-thru services and virtual check-in, which allow you to take a number and wait in a car till it’s your turn to be attended to.

How Much Do I Need to Open a TD Bank Account?

There is no minimum amount of money required to open a bank account. 

How Do I Open a TD Bank Account?

You can open an account by visiting a TD branch near you. You will require the following:

  • A valid passport or 1 piece of valid Canadian government-issued photo ID (such as a driver’s license or permanent resident card)
  • Social Insurance Number for tax reporting purposes

You can also open an account from their Bank Accounts page.

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