TD Bank · U.S. checking accounts

TD Essential Banking

A checkless starter account with no overdraft fees or opening-deposit minimum. Adults pay $4.95 monthly. The fee is waived for primary owners ages 13–17; minors need a parent or guardian joint owner and branch opening.

Pros

No overdraft fee or services.
No minimum opening deposit.
Branch and digital access.

Cons

$4.95 monthly from age 18; the primary-owner age 13–17 waiver applies before then.
Personal paper checks are unavailable.
Paper statements cost $1 monthly.
International ATM/debit transactions can incur a 3% fee.
Applicants under 18 must open jointly with a parent or legal guardian as secondary owner.

Generated from the provider's published terms and reviewed against official sources.

Costs and key facts

Recurring fee	4.95 (currency not confirmed)
Minimum opening deposit	0 (currency not confirmed)
SSN requirement	Conditional
ITIN accepted	Accepted
Credit check	NotStated

Fee waiver: Monthly fee waived for primary owner ages 13–17; $4.95 applies from age 18.

Eligibility and application requirements

U.S. address: Required

Residency and other conditions: Online opening asks for SSN, address, birthdate and government-issued ID. Under-18 applicants visit a TD store with an adult joint owner. Confirm noncitizen branch document options.

Geographic restrictions: Not confirmed. Confirm availability in your state.

Product review: 01 Nov 2026. Source retrieval dates below are separate from editorial verification. An accepted ITIN does not establish residency eligibility.

Compare u.s. checking accounts requirements and costs · How we assess published requirements

Service fees

Overdraft / returned item	0 (currency not confirmed)
Outgoing domestic wire	30 (currency not confirmed)
Incoming wire	15 (currency not confirmed)
Outgoing instant transfer	Not confirmed
Incoming instant transfer	Not confirmed
Global remittance	Not confirmed · Outgoing international wires cost $25 in foreign currency or $50 in USD, plus exchange-rate, tax and correspondent-bank charges. Domestic outgoing wires cost $30; incoming wires cost $15.
Allpoint ATM	Not confirmed
Other ATMs	TD ATMs in the U.S. and Canada are free. Non-TD withdrawals and transfers cost $3 plus any ATM-owner charge; balance inquiries have no TD fee.
Cash deposit	Not confirmed