TD ATM Review 2022

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Published on 20 May 2022
| Updated on 24 Aug 2023
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Looking for a TD ATM? As one of the five largest banks in Canada, the Toronto-Dominion Bank (TD) has ATMs across the country. These machines allow TD customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. So here’s our review of TD ATMs.

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What denominations of bills can be withdrawn from a TD ATM?

In terms of the variety of denominations that can be withdrawn, TD ATMs stand out. They offer $5, $20, $50 and $100 bills. TD ATMs stand out in terms of the denominations offered since many ATMs only offer $20 bills. What’s more, TD ATMs allow users to choose the denominations they want to withdraw.

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What are the withdrawal fees for non-customers?

TD customers can make withdrawals from any TD ATM without paying a convenience fee. However, if you are not a TD customer, you will be charged a $3.50 convenience fee, plus any other fees charged by your own financial institution.

The convenience fee does not represent the entire cost of withdrawing money from an ATM of a bank where you are not a customer. In addition to the convenience fee, there may be an Interac network access fee between $0 and $1.90, and a transaction fee between $0 and $2. Of course, you won’t pay any additional transaction fees if your banking package includes a certain number of transactions per month, or if you have a Canadian chequing account with no fees.

According to the Financial Consumer Agency of Canada, the total fee for withdrawing money from another bank’s ATM ranges from $1 to $7.90, and the fee for withdrawing money from a private ATM ranges from $1.50 to $8.90!

td atm

How do I make a deposit at a TD ATM?

TD ATMs are state-of-the-art, so TD customers can deposit cash or cheques by inserting them directly into the deposit slots without an envelope. This envelope-less technology allows for faster deposit processing, so TD customers don’t have to reschedule deposits due to a lack of envelopes. You can deposit up to 30 cheques without an envelope.

td atm

How do I find a TD ATM?

TD ATMs are available at most TD bank branches, as well as at many businesses and shopping centres. The easiest way to find the TD ATM nearest you is to use the TD ATM Locator. Simply enter your postal code or city, and the locator will generate a map showing nearby TD ATMs. 

td atm

What we think of TD ATMs

Variety of denominations offered5/5
Withdrawal fee for non-customers4/5
Deposit experience5/5
Accessibility of counters4/5
According to our analysis, TD ATMs are among the most competitive in Canada. In fact, we believe they deserve an overall rating of 4.5/54.5
Arthur Dubois
Arthur Dubois

Arthur Dubois is a personal finance writer at Hardbacon. Since relocating to Canada, he has successfully built his credit score from scratch and begun investing in the stock market. In addition to his work at Hardbacon, Arthur has contributed to Metro newspaper and several other publications

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