Yes, you can open most TD Bank accounts online, but the process depends on the account type and whether you're a new customer

TD Bank allows you to start a checking or savings account through their website without visiting a branch. The online process takes about 10 to 15 minutes and requires a valid government ID, Social Security number, and an initial deposit method. However, some account types—like certain business accounts or accounts that require a signature card—still need a branch visit or a phone call to complete.

The key difference is between new customers and existing TD Bank customers. If you already have a TD Bank account, opening a second account online is usually straightforward. If you're opening your first account with TD Bank, you may hit a step that requires phone verification or a branch visit, depending on what information the system can verify when ready.

Key Takeaways

  • TD Bank's website lets you open a checking or savings account online in about 10 to 15 minutes if you have a valid ID and Social Security number.
  • New customers sometimes need to complete verification by phone or in person, even if they start the process online.
  • You'll need a way to fund the account when ready—a debit card, another bank account, or a wire transfer.
  • Business accounts and certain specialty products cannot be opened online and require a branch visit or phone call.
  • Once your account is open, you can use TD Bank's mobile app or website to manage it, set up direct deposit, and order a debit card.

What you need before you start

Gather these items before you go to TD Bank's website: a valid government-issued ID (driver's license, passport, or state ID), your Social Security number, and proof of your current address (a recent utility bill, lease, or bank statement works). You'll also need an initial deposit—TD Bank does not require a minimum to open most accounts, but you do need a funding source ready.

That funding source can be a debit card, a checking account at another bank, or a wire transfer. If you're opening an account as a new customer, TD Bank may ask you to verify your identity by answering security questions based on your credit history. This happens automatically during the online process and usually takes less than a minute.

The online account opening process

Go to TD Bank's website and select "Open an Account." You'll choose between a checking account, savings account, or money market account. The form asks for your personal information: name, date of birth, address, phone number, and Social Security number. You'll also create login credentials and set up security questions.

After you submit your information, TD Bank's system verifies your identity using the details you provided. If verification is when ready, you'll see a confirmation screen and can fund your account right away. If the system cannot verify you automatically, you'll be told to call a phone number or visit a branch to complete the process—this usually happens within one business day.

Once your account is open, you can log in when ready and set up direct deposit, transfer money from another account, or order a debit card. Your debit card typically arrives in 7 to 10 business days.

When you'll need to visit a branch or call instead

TD Bank requires a branch visit or phone call for business accounts, joint accounts with someone who is not present, accounts for minors under 18, and accounts opened by someone with a power of attorney. You also cannot open a business account online—you'll need to call TD Bank's business line or visit a branch with your business license, EIN, and personal ID.

If you're a new customer and the online verification fails, you'll be directed to call 1-800-937-8372 or visit a local branch. Bring your ID and proof of address. The branch can usually complete the account opening in 10 to 15 minutes.

Funding your new account

During the online process, you'll be asked how you want to make your first deposit. You can link a debit card, provide checking account details from another bank for an ACH transfer, or arrange a wire transfer. Debit card and ACH transfers usually post within one to two business days. Wire transfers can arrive the same day if sent before 2 p.m. Eastern Time.

You do not have to make a large deposit—many TD Bank accounts have no minimum balance requirement. However, some savings accounts or money market accounts may have a minimum to earn interest. Check the account details before you open to see if a minimum applies to the product you're choosing.

What happens after your account opens

Once your account is active, you can use TD Bank's mobile app or website to check your balance, transfer money, pay bills, and deposit checks by phone camera. Your debit card will arrive by mail in 7 to 10 business days. Until it arrives, you can use your account number and routing number to set up direct deposit or receive transfers from other people.

If you opened a checking account, you can order checks through the TD Bank website. If you opened a savings account, you'll see the current interest rate and how interest is calculated. You can also visit a TD Bank branch to withdraw cash, deposit checks, or ask questions about your account.

Frequently Asked Questions

Do I need a minimum deposit to open a TD Bank account online?

Most TD Bank checking and savings accounts have no minimum deposit requirement. However, some money market accounts or promotional savings accounts may require a minimum balance to earn the advertised interest rate. Check the specific account details before you open to confirm.

How long does it take to open a TD Bank account online?

The online form takes 10 to 15 minutes to complete. If your identity verifies when ready, your account opens right away and you can fund it when ready. If verification requires a phone call or branch visit, that step usually happens within one business day.

Can I open a joint account online with someone else?

No. Joint accounts require both account holders to be present, either in person at a branch or on a phone call with a TD Bank representative. You can start the process online, but you'll need to complete it by phone or in branch.

What if I don't have a Social Security number?

TD Bank requires a Social Security number or ITIN (Individual Taxpayer Identification Number) to open an account. If you have an ITIN, you can use that instead. If you don't have either, you'll need to visit a branch and speak with a representative about your options.

Can I open a business account online?

No. Business accounts must be opened in person at a branch or by phone. You'll need your business license, EIN, and personal ID. Call TD Bank's business line at 1-800-937-8372 to start the process.