TD Bank $500 Business Checking Bonus – Ends 11/30/24

Open a TD Bank Business Checking account and earn a $500 Cash Back bonus with qualifying activities.

Update 10/4/24: You can currently earn a $500 bonus when opening a new business checking account through 11/30/24.

TD Bank $500 Business Checking Bonus

• Learn More at TD Bank
• What you’ll get: $500 bonus
• Account Type: Business Checking
• Availability: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, & VT 
• Direct Deposit Requirement: No
• Credit Inquiry: Soft Pull, which does not affect your credit
  
• Credit Card Funding: Up to $1000
• Monthly Fees: $10-$15, waivable
• Closing Account Fee: Bonus forfeit if closed within 6 months
• Household Limit: None

(Expires 11/30/2024)

How To Earn Bonus

• To qualify for the $500 Cash Back Offer: You must open a new Business Checking account. Business Simple Checking, Business Convenience Checking Plus, Business Interest Checking Plus or Business Premier Checking products are eligible. The criteria below must also be met:
  • 1. Deposit a minimum of $2,500 within the first 25 days and maintain at least a $2,500 balance for 90 additional days from the 25th day after account opening.
  • 2. Conduct 25 qualifying transactions across the first 3 statement cycles. Your eligible transactions include ACH debits/credits, bill pay, Merchant Solutions settlement transactions, incoming/outgoing wires, checks paid, small business Zelle transactions, Visa Business Debit card transactions, digital express remote deposits, and settlement transactions for TD Online Accounting or Tap-to-Pay on iPhone payments received.
• After you have completed the requirements outlined above, we’ll deposit the bonus in your new account on or before 180 days after account opening.

Fine Print

• Offer valid October 1, 2024 through November 30, 2024 and is available when opening a qualified Checking account at a TD Store or online.
• Checking Bonus: You will not qualify for the Checking Bonus if you are an existing TD Bank Business Checking customer OR had a previous Business Checking Account that was closed within the preceding 12 months OR have received a prior Business Checking account bonus at any time. Eligibility is determined based on the SSN/TIN of the business used to open the account.
• To qualify for the $500 Cash Back Offer: You must open a new Business Checking account. Business Simple Checking, Business Convenience Checking Plus, Business Interest Checking Plus or Business Premier Checking products are eligible. The criteria below must also be met:
  • 1. Deposit a minimum of $2,500 within the first 25 days and maintain at least a $2,500 balance for 90 additional days from the 25th day after account opening.
  • 2. Conduct 25 qualifying transactions across the first 3 statement cycles. Your eligible transactions include ACH debits/credits, bill pay, Merchant Solutions settlement transactions, incoming/outgoing wires, checks paid, small business Zelle transactions, Visa Business Debit card transactions, digital express remote deposits, and settlement transactions for TD Online Accounting or Tap-to-Pay on iPhone payments received.
• After you have completed the requirements outlined above, we’ll deposit the bonus in your new account on or before 180 days after account opening. To receive the bonus, your account must not be closed or restricted at the time of payout. If your new checking account is closed by you or TD Bank within 6 months after account opening, TD Bank reserves the right to deduct the bonus amount at closing.
• TD Bank’s standard account opening requirements and conditions apply. Bonus will be subject to backup withholding to the extent applicable to you under the U.S. Internal Revenue Code if you meet certain other conditions. We may issue you an IRS Form 1099-MISC or other appropriate forms reporting the value of the bonus.
• Offer may be withdrawn at any time. TD Bank Employees and Canadian Cross-border banking Customers are not eligible.

How To Waive Monthly Fee

• TD Business Premier Checking: $30, first 3 statement cycles waived. Meet one of the following requirements to waive the monthly fee:
  • Maintain $40,000 combined balances in your business deposits and one TD personal checking account
  • Active TD Merchant Solutions
  • Active TD Digital Express
  • TD Small Business Loan or Line of Credit
• TD Business Convenience Checking Plus: $25 monthly fee waived with $1,500 combined minimum daily balance with one TD personal checking account
• TD Business Simple Checking: Low $10 monthly fee—no minimum daily balance required

Bottom Line

For more TD Bank promotions, check out our complete list of TD Bank Promotions where we will frequently update it as new deals become available.

If this is not something you are interested in, check out our list of the Best Bank Promotions for more deals!