Make the most of your checking account – and minimize costs

When you combine technology, bank resources and a few smart choices, it's easy to minimize checking costs. Here are some tips to get you started:

Which checking account is right for you?
Many bank accounts require customers to maintain an average or daily balance to avoid a monthly fee. Minimum balances vary by account and bank so it's important to understand any requirements on your account.

Find accounts with no or low minimum balance requirements. Research online or talk with your local financial institution to find the right account. TD Bank has a range of accounts to choose from that meet your budget, banking needs and includes the perks you want.

How to avoid ATM and overdraft fees?
Choose a bank that's available when and where you need it. Think about where your daily routine takes you, and choose a bank that has stores on your way to and from work, near the gym and other places you go often.

When using an ATM outside your bank's network, transaction fees can really add up. If you will be using ATMs outside of your bank's network, look for accounts that reimburse these costs. Talk to your bank to figure out what overdraft services are available and select the right account for you.

Set up Online and Mobile Banking
You can also save time and money by setting up online banking, downloading the bank's mobile app and setting up balance alerts. Online banking can help you keep track of outstanding checks and schedule bill payments to avoid having multiple bills hit at the same time. Check your balance, deposit checks, pay bills, transfer money between your accounts, view your account activity and find the nearest store or ATM all on the go. You can also use your bank's mobile app, set up alerts to receive a text or email if your account is at risk of dropping below the designated balance threshold.