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Open a new TD Student Chequing Account and get $25 cash∏

How to claim the $25 cash offer

  1. Let’s open your child’s account 

    Your child saves on monthly fees, gets unlimited transactions, free Interac e-transfer, plus more! 

  2. Start with a $25 deposit 

    Make a minimum $25 deposit in the first 30 days of opening your child’s account.

  3. Deposit another $25

    Deposit another minimum of $25 in the next 31-60 days after the account is opened.

Once a minimum of $50 is deposited to the account per the terms of this offer, TD will deposit $25 to the account. Conditions applyΔ.

How does my child qualify for the offer?

You’ll need to accompany your child and provide your own valid photo ID, such as a valid passport or 1 piece of valid Canadian government-issued photo ID (like a driver's license or permanent resident card). If you don’t have valid photo ID, you can bring two pieces of non-photo ID (like a Canadian Birth Certificate and a residential utility bill) to your child’s appointment.

  1. They’ll need valid photo ID, such as a valid passport or 1 piece of valid Canadian government-issued photo ID, like a permanent resident card.

  2. Or, if your child doesn’t have valid photo ID, they can bring valid non-photo ID that contains their name and date of birth, like a Canadian Birth Certificate or Canadian Citizenship Certificate, to the appointment. 

  3. You'll also need to accompany your child to the appointment and bring your own valid photo ID, such as a valid passport or 1 piece of valid Canadian government-issued photo ID (like a driver’s license or permanent resident card) or two pieces of valid non-photo ID (like a Canadian Birth Certificate and a residential utility bill) to the appointment.

  1. They'll need valid photo ID, such as a valid passport or 1 piece of valid Canadian government-issued photo ID. That could be a driver’s license (if they have one), or a permanent resident card.

  2. Or, if the teen doesn’t have valid photo ID, they can bring two pieces of valid non-photo ID to the appointment.

  3. For those that are the age of majority in their province or territory of residence, check out the student banking offer 

Financial Tip

Saving for your child’s education? Open a Registered Education Savings Plan (RESP) and the government will contribute an additional 20% on the first $2,500 contributed annually, up to $500 per year. This can add up to $7,200 over the lifetime of the RESP, per child, in grant money through the Canada Education Savings Grant (CESG)2 You may also be eligible for the Canada Learning Bond (CLB) and additional provincial grants.

Explore our youth branch experience

Play video

Explore our youth branch experience where we offer more than just your usual banking needs. 

Play the video and download this easy-to-understand guide. You’ll learn what you and your child can do at the bank, get tips on how your child can handle their money and build the skills to make smart money choices.

 Download teen booklet (PDF, 2MB)

Benefits of banking with TD

  • TD App

    The TD app can help your child manage their money with personalized tools and insights. Plus, if you're a joint account holder, you can receive notifications of your child's account activity.

  • TD Fraud Alerts

    Receive text alerts to the mobile number registered on the account when suspicious activity is detected from your child’s TD Access Card or their bank account, giving you peace of mind.

  • ​​​​​​​Interac e-Transfer

    Sending lunch money? Your child can send and receive money with a no-fee Interac e-Transfer to anyone with an email address or mobile number and bank account at a Canadian financial institution.

  • Earn 50% more Stars at Starbucks

    Does your child love cake pops or hot chocolate? They can earn 50% more Stars at participating Starbucks® stores when they link their TD Access Card with Visa Debit* to their Starbucks® Rewards account, if they're 13 years or older. Conditions apply.

Frequently Asked Questions

You will need to visit the nearest branch with a valid ID for you and your child to open the account. Your child must be the age of majority in their province or territory of residence t​​​​​​​​​​o open the account online.

​​Yes it is. The account can be opened for a child aged between 0 until 23 years with no monthly fees. After 23, your child can continue to keep this account with proof of enrollment in full-time post-secondary education.

Absolutely! They can earn interest on every dollar in their ​​​​TD Student ​C​​​hequing Account. Once set up, our​​​​​​ ​​​​Simply Save program automatically helps grow their savings every time they use their TD Access Card. Learn more

The $25 offer is going to be deposited within 12 weeks after subsequent $25 deposit is made 30-60 days post account opening, provided that the new TD Student Chequing Account is still open, in good standing, with all conditions continuing to be met.

Yes absolutely. If your child does not have a chequing account and you are an existing TD chequing account holder, your child is eligible. However, existing TD Student Chequing account holders are not eligible.     

Book an appointment with one of our banking specialists to open your account.

Additional resources

  • Youth & Parent hub

    With convenient banking options, plan your child’s financial future to help them grow and manage their money. It's never too late – or too early – to start building good financial habits. 

  • Student hub

    With all the demands of school, let us help you take the stress out of banking. With TD, you can enjoy products and services, plus offers and rewards, so that you can keep student life fun.