Skip to main content
Login

Discover our banking options for newcomers to Canada.

TD has special offers for Newcomers on the products needed to help you get settled. We're ready to help you move forward as you start to build your new life in Canada. Meet with a banking specialist near you to get started.

Book an appointment

TD has what you need to get started

TD Chequing Accounts

Enjoy a special offer only for newcomers to Canada of no monthly fees for 12 months1.

TD Unlimited Chequing Account

The TD Unlimited Chequing Account is ideal for your convenient day-to-day banking. Pay no monthly account fee for one year (up to $203 value). Plus, you could get $350 Cash2 when you open a new account:

  • unlimited transactions3
  • no TD fees to use ATMs in Canada4
  • free money transfers with Interac e-Transfer®

View Details

Special $350 Cash2 offer for TD Unlimited Chequing Account.

To receive $350 Cash with the TD Unlimited Chequing Account you must:

  1. Open a TD Unlimited Chequing Account (the “New Chequing Account”) by January 31, 2024

  2. Set up and complete any 2 of the following services for your new TD account by March 31, 2024

  • Recurring Direct Deposit from your employer, pension provider or the Government2

  • Recurring Pre-Authorized Debit for at least $502

  • Online Bill Payment of at least $502 on EasyWeb or the TD App5

Open Account

We help make banking easier

Open an account before arriving

Are you living in China or India and planning to move to Canada? Call us to open your TD bank account up to 75 days before you arrive. You can also transfer up to $25,000 into your new TD bank account before you arrive.

Make sure you have your Canadian Immigration Visa ready when you call.

Once you arrive in Canada, visit a TD branch to activate your new bank account.

TD banking package

As part of the New to Canada banking package, you’ll receive $200 Cash offer plus a 0.25% bonus interest rate on your savings for the first 6 months when you open your account1.

TD Every Day Savings Account

The TD Every Day Savings Account is a budget-friendly option for your day-to-day banking needs when you’re just starting out.

Start by opening a new TD Every Day Savings Account by January 31, 2024  and earn up to $2006 Cash by depositing $10,000-$24,999 into the New Savings Account within 30 days of account opening and maintain the balance for 90 days. Explore additional cash offers with the following deposit tiers. Earn:

  • $50 for $2,500-$4,999 deposit
  • $100 for $5,000-$9,999 deposit
  • $200 for $10,000-$24,999 deposit
  • $500 for $25,000-$49,999 deposit
  • $1,000 for $50,000-$99,999 deposit
  • $2,000 for $100,000+ deposit

Eligibility: Offer available to Canadian residents and must open a new TD Chequing Account between October 11, 2023 and January 31, 2024 as part of this offer. Conditions apply6.

 

Learn more

TD High Interest Savings Account

Building your home in Canada likely includes a number of short- and long-term financial goals.

With a high interest rate, the TD High Interest Savings Account can help you reach those goals faster. By maintaining a minimum monthly balance of $25,000 or more, you can benefit from further savings with waived transaction fees2,3.

Learn more

TD ePremium Savings Account

If you do most of your banking online, you’ll love what the ePremium Savings Account4 has to offer.

Start by opening a new TD ePremium Savings Account by January 31, 2024 and earn up to $2006 Cash by depositing $10,000-$24,999 into the New Savings Account within 30 days of account opening and maintain the balance for 90 days. Explore additional cash offers with the following deposit tiers. Earn:

  • $50 for $2,500-$4,999 deposit
  • $100 for $5,000-$9,999 deposit
  • $200 for $10,000-$24,999 deposit
  • $500 for $25,000-$49,999 deposit
  • $1,000 for $50,000-$99,999 deposit
  • $2,000 for $100,000+ deposit

Eligibility: Offer available to Canadian residents and must open a new TD Chequing Account between October 11, 2023 and January 31, 2024 as part of this offer. Conditions apply6.

Learn more

Tools to help grow your savings

Open an account before arriving

Are you living in China or India and planning to move to Canada? Call us to open your TD bank account up to 75 days before you arrive. You can also transfer up to $25,000 into your new TD bank account before you arrive.

Make sure you have your Canadian Immigration Visa ready when you call.

Once you arrive in Canada, visit a TD branch to activate your new bank account.

TD Credit Cards

Enjoy a special welcome offer on the TD Cash Back Card or the TD Rewards Visa Card with no annual fee for newcomers to Canada.

Unsecured credit cards

It’s important for newcomers to Canada to establish a credit history as soon as possible to help with employment, mortgages, loans and insurance.

An unsecured  TD Credit Card can help you build your Canadian credit. If you are a Canadian Permanent Resident, you may be eligible for a credit limit of up to $15,000, even if you have no credit history.

If you are an international student or temporary worker, you are also eligible to apply for an unsecured credit card.

Applicant must meet all TD credit granting criteria, and other conditions, to be eligible for a TD Credit Card. For complete details, please visit your local TD branch.

See Unsecured Credit Cards.

Secured credit cards

As you make the transition to your new home and begin to build a Canadian credit history, you may decide that you need a credit limit over the amount you have been approved for.

If this is the case, a secured  TD Credit Card may be able to provide the higher credit limit you’re looking for while helping you build a credit history and positive credit rating.

See Secured Credit Cards:
TD Emerald Flex Visa Rate
TD Rewards Visa
TD Platinum Visa Travel
TD First Class Travel Visa Infinite
TD Cash Back Visa Infinite
TD Cash Back Visa

Send money internationally with TD Global Transfer

TD Global Transfer is an innovative marketplace that allows you send money conveniently and securely to over 200 countries and territories4. You can choose how you want to send money to loved ones in more ways, to more places.

Plus, you could get up to $360 in value3 when you send money using TD Global TransferTM with your TD Unlimited Chequing Account.

Learn more

A secure way to send money in Canada

Send an Interac e-Transfer® 24/7 on the TD app1 or through EasyWeb Online banking to anyone with an email address and a Canadian bank account2. It's great for paying rent, sending money to family, or paying back a friend.

Learn more

Foreign currency and travel insurance

Buying your first home in Canada1

One of the biggest financial decisions you will make when putting roots down in your new country is the purchase of a first home.

TD can help you finance your first home in Canada, even if you have no credit history.

A TD Mortgage Specialist will work with you to determine if you’re eligible for a TD mortgage, and will help guide you through the mortgage process, while flexible mortgage features such as payment frequency and lump sum payments allow you to adapt your payments to fit your needs.

Learn more

Find out if you’re eligible for a TD mortgage

Even if you have no credit history, you may qualify for a TD mortgage or TD Home Equity FlexLine if:

  • You are a permanent resident or have applied to become a permanent resident in Canada
  • You have been in Canada for 5 years or less

1 You may be eligible for a TD mortgage, even if you have no Canadian credit history, provided you meet all of the other eligibility and credit criteria of TD Canada Trust. Lack of Canadian credit history is only available to customers who have been permanent residents in Canada less than 5 years.

TD can help you achieve your goals

Eligibility requirements

The New to Canada banking package is available if you:

  • Have been a Permanent Resident or Temporary Resident of Canada for 5 years or less
  • Provide proof of your status through your Permanent Resident Card or Temporary Permit
  • Have never opened or held a TD chequing account
  • Are the age of majority in your province or territory of residence

What to bring to the branch

When you visit a TD branch, bring 1 of the following pieces of residency identification with you:

  1. Permanent Resident Card

  2. Immigrant Visa and Record of Landing (IMM Form #1000)

  3. Confirmation of Permanent Residence (IMM Form #5292/5688) OR Temporary Work Permit (IMM Form #1442/1102) OR Study Permit (IMM Form #1208)

And bring 1 of the following pieces of personal identification with you:

  1. A valid passport

  2. Canadian driver’s licence

  3. Canadian Government ID Card

International Students are also required to provide Proof of enrollment in a post-secondary program. The document provided must have been issued by the school and contain the following information: Student Name, Name of University or College, Program and current year of study

Note: Other identification documents may be acceptable or required. Please visit a TD branch for details.

We speak your language

Have a question? Find answers here

Popular questions