Question 1

What is the TD CANADA* charge on my bank statement?

Accepted Answer

The TD CANADA* charge is a legitimate fee from TD Canada Trust, one of Canada's major banks. It typically represents a credit card fee, monthly account fee, or another banking service charge associated with your TD account. The amount can vary depending on which TD product or service triggered the fee. If you want to review your account details, you can log in at td.com/ca/en/personal-banking/my-accounts to see a full breakdown of your charges.

Question 2

Is TD CANADA* a scam or a real charge?

Accepted Answer

TD CANADA* is a completely legitimate charge from TD Canada Trust, not a scam. It appears on statements when TD applies fees related to your banking or credit card account, such as monthly plan fees, overdraft charges, or annual credit card fees. If you are unsure which specific fee it relates to, you can review your account activity by visiting td.com/ca/en/personal-banking/my-accounts or by calling TD directly using the number on the back of your TD card.

Question 3

How do I get rid of or stop the TD CANADA* fee from appearing?

Accepted Answer

To stop the TD CANADA* charge, you would need to address the underlying fee with TD Canada Trust directly. Options include switching to a no-fee chequing account, cancelling a TD credit card with an annual fee, or meeting minimum balance requirements to waive monthly fees. You can manage your TD accounts and explore your options by visiting td.com/ca/en/personal-banking/my-accounts. TD customer service can also help you find a plan that avoids recurring fees.

Question 4

Why does the TD CANADA* amount change each month?

Accepted Answer

The TD CANADA* charge is listed as a variable amount because it depends on which specific TD Canada Trust fee was applied that billing cycle. Some months it could reflect a flat monthly account maintenance fee, while other months it might include overdraft interest, a credit card annual fee prorated charge, or a transaction fee. To get a clear picture of exactly what each charge covers, log into your TD account at td.com/ca/en/personal-banking/my-accounts and review your statement details or transaction history.

TD CANADA* Charge (What It Is + Is It Legit?)

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