How do I do a balance transfer with TD Bank?

To do a balance transfer with TD Bank, new applicants can just complete the balance transfer portion of a TD Bank credit card application. If you’re approved for a balance transfer, you should receive your new card within 7-10 business days after approval. To do a balance transfer with a TD Bank credit card you already have, you will need to call customer service at 1-888-561-8861.

TD Bank balance transfers usually take 2 to 4 weeks to process. In the meantime, continue to make payments on your original debt in order to avoid any late fees and possible damage to your credit score.

How to Do a Balance Transfer with TD Bank

1. Open the application for the TD Bank balance transfer card you want to apply for.
2. Enter the account number for your existing balance.
3. Enter the amount you want to transfer.
4. Include standard application info such as your name, Social Security number, and annual income.
5. Submit the application.

Key Things to Know About TD Bank Balance Transfers

TD Bank only accepts balance transfers from other issuers’ credit cards. TD Bank does not allow balance transfers from other TD Bank credit accounts.

If you’re transferring a balance to a credit card with an introductory APR on balance transfers, try to pay off the balance before the introductory rate expires. Any balance remaining after that will accumulate interest daily at the card’s regular APR. Using a balance transfer calculator can be a big help.

Finally, there is a balance transfer fee of 3% (min $5) on TD Bank balance transfers. Make sure to take this into account, too.