【April 27, 2026 update】 The $50 arrived a while ago, and the $2,500 posted today too.

⚠️ Note: You cannot cancel a PAD yourself in the app. TD customer service has to cancel it manually. The phone number is under Settings in the app.

From the group discussion:

  • You do not have to be a brand-new TD customer. A newly opened account qualifies.
  • Submitting the account application on September 5 is enough, even if you cannot finish the whole process that day.
  • Set up the PAD or MCP by September 30.
  • The first part of the match is paid on April 30, 2026, so when you set up the PAD you can spread the $25,000 of deposits over 7 months.

TD moved the dates. You have to open the account today (Friday, September 5)!!

The reward is generous. If you can still get in, do not miss it.

The promotion

TD’s Summer 2025 promotion: up to $50 plus $2,500. Official page🔗

Offer 1: $50 cash reward

Step 1️⃣: By September 5, use promo code SUMMER2025 to open a new TD Direct Investing or TD Easy Trade account and make a first deposit of $1,000.

Open and fund a new account

Open and fund a new TD Direct Investing or TD Easy Trade account with $1,000 or more using the promo code SUMMER2025 by September 5, 2025

⚠️ Eligible account types:

  1. The account type must be Cash (single), Margin (single), TFSA, RRSP, or RESP
  2. Other registered accounts, non-personal accounts, joint accounts and corporate accounts are not eligible for this offer

Step 2️⃣: Set up a recurring deposit by September 30.

Set up a new recurring deposit

Set up a minimum PAD/MCP of $50 per month by September 30, 2025

⚠️ Set up the PAD or MCP today. The page conflicts with itself; the terms said September 5. The terms were later changed: set it up by September 30.

Step 3️⃣: The $50 reward arrives by November 15.

Get rewarded

Receive your $50 cash reward by November 15, 2025

Offer 2: 10% contribution match on recurring deposits

The match is capped at $2,500. Either an MCP or a PAD qualifies. Set it up by September 30. You need $25,000 deposited to max it out.

A few things to watch:

  • The match window runs through September 2026.
  • The MCP or PAD has to stay in place for at least two months before the reward is paid.
  • If a client withdraws or transfers out assets equal to or greater than the amount of the PAD/MCP in any of the eligible account types, the 10% match will not be rewarded.

This point is not entirely certain. Until the $2,500 reward posts, it is safer not to transfer money out.

  • When the 10% rewards are paid:
  1. By April 30, 2026: Bulk reward for PAD/MCP deposit made between August 1, 2025 – March 31, 2026.
  2. By October 31, 2026: Bulk reward for PAD/MCP deposits made between April 1, 2026 – September 30, 2026.

Common questions

  • Open a TD Direct Investing account or a TD Easy Trade account?

If you are opening an account only for this 10% match, TD Easy Trade is enough. Its fees are lower.

  • What is an MCP, and what is a PAD?

A Monthly Contribution Plan (MCP) is set up for recurring deposits into a registered account.

A Pre-Authorized Deposit (PAD) is set up for recurring deposits into a cash or margin account.

Automated recurring deposits can be set up on a weekly, bi-weekly, semi-monthly, or monthly frequency.

  • How do you set up a recurring deposit?
  1. To set up a recurring deposit from your TD Canada Trust account to your TD Direct Investing account:
  • Login into WebBroker and complete the transfer steps
    OR
  • Call us at 1-800-465-5463, Save time on your call by logging into the TD app and selecting TD Direct Investing phone number from the ‘Call Us’ page.
    OR
  • Visit a TD Canada Trust Branch
  1. To set up a recurring deposit from another Financial Institution (A void cheque is required to process the request):
  • Login to WebBroker or the TD App and complete the transfer steps
    OR
  • Call us at 1-800-465-5463, Save time on your call by logging into the TD app and selecting TD Direct Investing phone number from the ‘Call Us’ page.
    OR
  • Visit a TD Canada Trust Branch.