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.

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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®

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Special $350 Cash² offer for TD Unlimited Chequing Account.

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

Open a TD Unlimited Chequing Account (the “New Chequing Account”) by January 31, 2024
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 $50 ²
Online Bill Payment of at least $50 ² on EasyWeb or the TD App ⁵

Open Account

We help make banking easier

Move your money

We make it easier to send money to over 200 countries and territories with Western Union® Money Transfer^TM.

Move your money Find out how
Overdraft Protection⁶

Avoid extra fees if you spend more money than you have in your account.

Overdraft Protection Protect yourself
TD Access Card

Make debit purchases in-store, online and around the world.

TD Access Card Explore features
TD MySpend

Make budgeting easier by pairing TD MySpend with the TD app to track your spending ⁵.

TD MySpend Find out more

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.

China: call collect 1-855-537-5355
India: call collect 416-351-0613
North America: call 416-983-5393

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

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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

Automatic transfers

Schedule transfers to your savings account with our Pre-authorized Transfer Service.
Make saving simple

Put a little money aside every time you use your TD Access Card for debit purchases with the TD Simply Save program.
Contribute to your future

Set up automated TD Mutual Funds contributions with a Pre-authorized Purchase plan.

Open an account before arriving

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

China: call collect 1-855-537-5355
India: call collect 416-351-0613
North America: call 416-983-5393

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

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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.

TD Cash Back Visa* Card

Earn $25 Cash Back Rewards on the TD Cash Back Visa Card. Must be approved. Conditions apply^{1, 2}

TD Cash Back Visa* Card Learn more Learn more
TD Rewards Visa* Card

Earn a welcome bonus offer on the TD Rewards Visa Card. Must be approved. Conditions apply^{3 ,4}

TD Rewards Visa* Card Learn more Learn more
TD® Aeroplan® Visa Platinum* Credit Card

Once approved, earn up to 20,000 Aeroplan points⁵, plus, first year no Annual Fee. Conditions Apply. Must apply by March 4, 2024.

TD® Aeroplan® Visa Platinum* Credit Card Learn more Learn more

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

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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 app ¹ or through EasyWeb Online banking to anyone with an email address and a Canadian bank account ². It's great for paying rent, sending money to family, or paying back a friend.

Learn more

Foreign currency and travel insurance

Get foreign funds at home

Order foreign currency from TD in a branch, online or by phone.
Calculate foreign currency

Get the latest exchange rates with our Foreign Exchange Calculator.
Protect what’s important

Travel with confidence knowing you have TD Insurance³.

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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

Buying a car

Get a new or used vehicle with a dealer or a private sale vehicle loan that fits your budget.
Starting a business

TD has flexible banking solutions for all your Small Business Banking needs.
Saving for retirement

A Retirement Savings Plan (RSP) offers tax benefits for a comfortable retirement.
Investing your savings

Make saving part of your daily life to grow your investments quickly.
Investing and making trades

TD Direct Investing offers trading platforms, online tools and support.
Borrowing money

A loan or line of credit can be a good financial decision to help with larger purchases.

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:

Permanent Resident Card
Immigrant Visa and Record of Landing (IMM Form #1000)
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:

A valid passport
Canadian driver’s licence
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

Book an appointment

Meet with a banking specialist in person at the branch closest to you.

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Locate a branch

Speak with a banking specialist at the branch closest to you.

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Call us

Our banking specialists are ready to answer your questions

1-866-222-3456 1-866-222-3456

Cash Transfer	Cash Offer
$2,500 -$4,999	$50
$5,000 – $9,999	$100
$10,000 - $24,999	$200
$25,000 - $49,999	$500
$50,000- $99,999	$1,000
$100,000+	$2,000

Discover our banking options for newcomers to Canada.

TD has what you need to get started

TD Chequing Accounts

TD Unlimited Chequing Account

Special $350 Cash2 offer for TD Unlimited Chequing Account.

We help make banking easier

Move your money

Overdraft Protection6

TD Access Card

TD MySpend

Open an account before arriving

Automatic transfers

Make saving simple

Contribute to your future

TD Cash Back Visa* Card

TD Rewards Visa* Card

TD® Aeroplan® Visa Platinum* Credit Card

Get foreign funds at home

Calculate foreign currency

Protect what’s important

Buying a car

Starting a business

Saving for retirement

Investing your savings

Investing and making trades

Borrowing money

Eligibility requirements

What to bring to the branch

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

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

We speak your language

Book an appointment

Locate a branch

Call us

Have a question? Find answers here

Popular questions

Helpful related questions

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Special $350 Cash² offer for TD Unlimited Chequing Account.

Overdraft Protection⁶