To avoid the monthly fee on your TD Unlimited Chequing Account, you need to maintain a minimum monthly balance in your account. The specific minimum balance required to waive the fee will be indicated by TD Bank. By ensuring that you have this minimum balance or more at the end of each day in the month, you can enjoy the benefit of not having to pay a monthly fee for your chequing account.
One way to avoid the monthly fee is to carefully manage your finances and ensure that you always have enough funds in your account to meet the minimum balance requirement. This may involve keeping track of your expenses and income, and making sure that you do not overspend or deplete your account balance below the specified minimum.
In my personal experience, I have found it helpful to create a monthly budget and stick to it. By setting aside enough money to cover my expenses and also maintain the minimum balance in my TD Unlimited Chequing Account, I have been able to avoid the monthly fee. This requires discipline and careful planning, but it is definitely worth it to save on banking fees.
Another way to avoid the monthly fee is to explore options for increasing your account balance. This could involve depositing additional funds into your account, such as through regular savings or by transferring money from another account. By proactively adding to your balance, you can ensure that you always meet the minimum requirement and avoid the monthly fee.
Additionally, it can be helpful to take advantage of any available tools or resources provided by TD Bank to help you monitor and manage your account balance. This could include mobile banking apps, online banking platforms, or even alerts and notifications that can be set up to keep you informed about your account balance and any potential fees.
In conclusion, to avoid the monthly fee on your TD Unlimited Chequing Account, it is important to maintain the minimum monthly balance indicated by TD Bank. This can be achieved by carefully managing your finances, creating a budget, and exploring options to increase your account balance. By taking these steps, you can enjoy the benefits of a fee-free chequing account and save money in the long run.