How can we help you?
We matched that to:
What is an Overdraft Interest charge?
Overdraft Interest is charged when your account goes into an overdrawn position. whether from using Monthly Plan Overdraft Protection or Pay As You Go Overdraft Protection. Interest is calculated on the end of day overdrawn balance and is charged to the account at the end of the statement period.
The interest rate on the overdrawn amount is currently 21% and is charged separately from the fee.
Read more about the overdraft protection options offered by TD Canada Trust.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.