The gift: $300 in cash
Deadline for account sign up: December 6, 2020 (Doesn’t look like anything is active right now)
TD Unlimited Chequing Account: $15.95 monthly fee but it is waived if you have a minimum of $4000 in your account. You also get Interac e-Transfer® (unlimited) and unlimited transactions.
TD All-Inclusive Banking Plan: $29.95 monthly fee but it is waived if you have a minimum of $5000 in your account at all times (before the end of the day of each day). Same free Interac e-Transfer® and unlimited transactions. Also an annual $120 rebate for certain TD credit cards (this is huge for us, we signed up for an Aeroplan card also having a TD Visa Infinite Aeroplan card prevents your Aeroplan points from expiring). You also get free personalized cheques, a free small safety deposit box, and free certified cheques and money orders.
The ask: You have to complete 2 of the 3 tasks by February 1 2021
Recurring direct deposit
Online bill payment through EasyWeb or the TD app (of a minimum of $50)
Recurring pre-authorized debit with a minimum of $50 and the first one has to be done before February 1 2021.
The downside: You’ll have to have $4000-5000 locked in just to save on the monthly bank fees. To me though, this isn’t a downside as I see it as a 7% return since we are saving the $29.95 monthly fee over one year.
This is the one we signed up for and we got our $300 cash deposited quickly after we jumped through the hoops.
You are not eligible if you have received any bonus or gift from TD in 2017, 2018, 2019, 2020
For more information, here’s a link to the TD bank offers for new accounts which is the $300 cash offer from TD Bank