Yes, you can open most TD Bank accounts online, but not all of them
TD Bank lets you open a checking or savings account through their website or mobile app without visiting a branch. The process takes about 10 minutes and you can fund the account immediately. However, some account types—like certain business accounts or accounts that require a credit check beyond what their online system can handle—still require a phone call or in-person visit.
The accounts you can open online are the TD Bank Checking, TD Bank Savings, and TD Bank Money Market accounts. You will need a Social Security number, a valid government ID, and a funding source (debit card, existing bank account, or wire transfer). TD Bank will verify your identity during the process, which happens instantly in most cases.
Key Takeaways
- TD Bank checking and savings accounts can be opened entirely online through their website or mobile app in about 10 minutes.
- You will need your Social Security number, a valid ID, and a way to fund the account—either a debit card or existing bank account.
- Identity verification happens during signup and usually completes right away, though some applications may require additional steps.
- Business accounts and certain specialty products still require a phone call or branch visit to complete.
- Your new account number and routing number are available immediately after approval, so you can set up direct deposit the same day.
What you need before you start
Gather these items before you begin the online signup process. You will need your Social Security number, date of birth, and current address. Have a valid government-issued ID ready—a driver's license, passport, or state ID card all work. TD Bank will ask you to verify information from your ID as part of their identity check.
You will also need a way to fund your account. TD Bank accepts debit cards, existing bank accounts (via ACH transfer), or wire transfers. If you are funding with a debit card, have that card number and expiration date ready. If you are transferring from another bank account, you will need the routing number and account number from that bank.
The online signup process, step by step
Go to tdbank.com or open the TD Bank mobile app and select "Open an Account." Choose the account type you want—checking, savings, or money market. Enter your personal information: name, date of birth, Social Security number, and address. TD Bank will ask for your phone number and email address as well.
Next, you will verify your identity. TD Bank uses a combination of questions about your credit history and information from your ID to confirm who you are. This usually takes a few minutes. If TD Bank cannot verify you automatically, they may ask you to upload a photo of your ID or call you to complete verification by phone.
After verification, choose how you want to fund your account. If you are using a debit card, enter the card number and amount. If you are transferring from another bank, enter that bank's routing number and your account number there. You can also skip funding for now and add money later through a transfer or deposit.
Review the account terms and disclosures, then sign electronically. Your account opens immediately. TD Bank will send you a confirmation email with your account number and routing number. You can start using your account right away for transfers and direct deposit, though your debit card will arrive by mail in 7 to 10 business days.
When TD Bank will ask you to call or visit a branch
If you are opening a business account, TD Bank requires a phone call or branch visit. Business accounts need additional verification of your business structure and tax ID, which cannot be done entirely online. Call TD Bank at 1-800-937-8372 to start a business account application.
If you are under 18, you will need a parent or guardian to co-sign. TD Bank does not allow minors to open accounts online; you will need to visit a branch together with the adult who will be on the account. Some branches may allow you to start the process online and finish it in person, but this varies by location.
If TD Bank's automated identity verification fails, they will contact you by phone or email to complete verification manually. This happens in a small percentage of applications and usually means they need you to upload a photo of your ID or answer additional questions. They will tell you exactly what they need and how to send it.
How long it takes to use your new account
Your account opens and becomes usable immediately after you complete the online signup. You can see your account number and routing number in the app or on the website right away. This means you can set up direct deposit from your employer the same day you open the account.
Transfers from another bank account take 1 to 3 business days to appear in your new TD Bank account, depending on the other bank. If you fund with a debit card, the money usually appears within 24 hours. Your physical debit card arrives by mail in 7 to 10 business days, but you can use your account number to make online purchases or set up bill pay before the card arrives.
What happens if verification fails
If TD Bank cannot verify your identity automatically, they will send you an email or call you to explain what they need. Common reasons for failed verification include a mismatch between the information on your ID and what you entered, a recent address change, or a credit freeze on your file. None of these mean you cannot open an account—they just mean you need to take an extra step.
If you have a credit freeze, you may need to temporarily lift it before opening the account, or you may be able to complete verification by uploading a photo of your ID. TD Bank will tell you which option applies. If you recently moved, bring proof of your new address—a utility bill, lease, or government mail works. The whole process usually takes one more business day once you provide what they ask for.
Fees and minimum balances
TD Bank's checking and savings accounts have no monthly maintenance fee if you maintain a minimum balance or set up direct deposit. The minimum balance varies by account type—typically $100 to $500 for checking, depending on which checking product you choose. If your balance falls below the minimum and you do not have direct deposit, TD Bank charges a monthly fee of $5 to $15.
There are no fees to open the account online or to transfer money in. TD Bank does charge fees for certain services: overdrafts ($35 per transaction), wire transfers ($15 to $25 depending on direction), and stop payments ($30). Read the fee schedule for your specific account type before you finish signup so you know what to expect.
Frequently Asked Questions
Can I open a TD Bank account online if I do not have a Social Security number?
No. TD Bank requires a Social Security number for identity verification and tax reporting. If you are not a U.S. citizen and do not have an SSN, you may be able to use an ITIN (Individual Taxpayer Identification Number) instead. Call TD Bank at 1-800-937-8372 to ask whether your ITIN will work.
What if I do not have a debit card or another bank account to fund my new account?
You can open the account without funding it online and deposit cash at a TD Bank branch later, or set up a wire transfer from another source. You can also ask your employer to send your paycheck to your new account via direct deposit even before you fund it.
Can I open a joint account online with someone else?
No. Joint accounts require both account holders to verify their identity and sign the account agreement. You will need to visit a branch together or one person can open the account online and add the other person later by visiting a branch with them.
How do I know if my identity verification failed?
TD Bank will send you an email or call you if they need more information. Check your email (including spam folder) and listen for calls from TD Bank. If you do not hear from them within a few hours, your verification likely passed and your account is open.
Can I open multiple accounts online at the same time?
Yes. You can open a checking account and a savings account in the same online session. TD Bank will give you separate account numbers for each one, and you can transfer money between them instantly through the app.