Yes, you can open a checking account at TD Bank, and the process takes about 15 minutes online or in a branch

TD Bank offers several checking account options for individuals and businesses. You can start the process online through their website, on the mobile app, or by walking into a branch with your documents. Most people complete the process in one sitting, though the account may take a day or two to become fully active for deposits and transfers.

The main requirement is a valid government-issued ID and a Social Security number or Individual Taxpayer Identification Number (ITIN). You will also need an initial deposit, which varies by account type — some accounts require $100, others $500 or more. TD Bank will run a background check through ChexSystems, a banking history database, to verify you have not had serious account problems at other banks.

Key Takeaways

  • You need a valid ID, Social Security number or ITIN, and an opening deposit to start a TD Bank checking account.
  • TD Bank checks your ChexSystems history, which records unpaid overdrafts and fraud at other banks — a negative history may block approval.
  • Online applications take 15 minutes and accounts set up within one to two business days for most customers.
  • If you are denied, you can request your ChexSystems report to see what caused the rejection and dispute inaccurate information.

What documents you need to bring or upload

For online applications, you will upload a photo of your ID and provide your Social Security number or ITIN. TD Bank uses this to verify your identity and run the background check. If you open an account in a branch, bring the physical ID and have your Social Security number or ITIN ready.

If you do not have a Social Security number, you can use an ITIN issued by the IRS. You will need to provide additional documentation — typically a passport or consular ID — to prove your identity. Some branches are more experienced with ITIN accounts than others, so calling ahead to confirm they can process yours saves a trip.

How the ChexSystems check works and what can block you

TD Bank uses ChexSystems to look up your banking history at other institutions. The report shows unpaid overdrafts, fraud claims, and closed accounts due to negative balances. If you have a record of serious problems — unpaid overdrafts that went to collections, or multiple fraud disputes — TD Bank may deny your process.

A single overdraft or a closed account from years ago usually does not block approval. Recent problems (within the last two years) carry more weight. If you are denied, TD Bank will tell you it was due to ChexSystems and provide you with contact information to request your own report. You can then dispute any inaccurate information directly with ChexSystems, which takes 30 to 45 days to investigate.

Opening an account online versus in a branch

Online applications are faster and available 24/7. You upload your ID photo, enter your information, and fund the account with a debit card or bank transfer. The account usually activates within one business day, though some features like check ordering may take longer.

In-branch applications let you ask questions and handle complications on the spot — useful if you have an unusual situation like a recent name change or an ITIN instead of a Social Security number. Branches also have more flexibility to override minor issues. The trade-off is that you have to visit during business hours and wait for a banker to be available.

Initial deposit requirements and account types

TD Bank offers several checking accounts with different opening deposit minimums. The TD Convenience Checking account typically requires $100 to open. The TD Preferred Checking account, which includes higher ATM limits and other perks, usually requires $500 or more. Some accounts waive the minimum if you set up direct deposit.

Check TD Bank's current website or call your local branch for exact minimums, as these change periodically and may vary by region. You can fund the account with a debit card, wire transfer, or ACH transfer from another bank. If you are opening the account in a branch, you can also deposit cash or a check.

What happens after you submit your process

TD Bank processes your process within one to two business days. You will receive an email or text confirming approval and providing your account number. At that point, you can log into online banking, set up the mobile app, and start using your debit card if one was ordered.

Checks typically arrive within 7 to 10 business days. If you need them faster, you can order expedited checks through the online banking portal for an additional fee. Your account is fully functional for deposits and transfers as soon as it is activated, even if your physical debit card has not arrived yet.

If your process is denied

TD Bank will notify you in writing if your process is denied and explain the reason — usually ChexSystems, insufficient funds, or identity verification issues. If the reason is ChexSystems, request your report when ready from ChexSystems (you can do this online at chexsystems.com or by phone). The report is free and shows exactly what information caused the denial.

If the information is wrong, you can dispute it with ChexSystems directly. If the information is accurate but old, you may be able to reapply in a few months once the negative item ages. Some people denied by TD Bank open accounts at banks with less strict policies — like Chime, LendingClub, or a local credit union — while they work on clearing their ChexSystems record.

Frequently Asked Questions

Do I need a minimum balance to keep the account open?

Most TD Bank checking accounts do not require a minimum balance to avoid fees, but some premium accounts do. Check the specific account terms on TD Bank's website or ask a banker about the account you are interested in. Monthly maintenance fees vary by account type and whether you have direct deposit set up.

Can I open an account if I have been denied by other banks?

Yes, but TD Bank will still check ChexSystems, so the same issue that caused denial elsewhere may cause denial at TD Bank too. If you were denied for a legitimate reason — unpaid overdrafts or fraud — you may need to resolve that first or try a bank with less strict policies.

How long does it take to receive my debit card?

Standard debit cards arrive within 7 to 10 business days. You can use your account for online transfers and bill pay before the card arrives. If you need a card faster, ask about expedited shipping options, which usually cost $10 to $25 and deliver in 2 to 3 business days.

What if I do not have a Social Security number?

You can use an ITIN issued by the IRS instead. You will need to provide additional identity documents like a passport or consular ID. Not all branches handle ITIN accounts regularly, so call ahead to confirm the branch you plan to visit can process your process.

Can I open a joint account with someone else?

Yes. Both account holders need to provide ID and Social Security numbers or ITINs. You can open a joint account online if both people are present, or in a branch. Both people will have full access to the account and can make withdrawals or transfers.