TD Bank offers a variety of financial services tailored specifically for students, designed to ease the financial burden of post-secondary education. Their Student Line of Credit provides a flexible borrowing option to cover tuition, books, and living expenses, transitioning into a manageable student loan post-graduation.
-no monthly fees and no transaction fees for first 25 transactions in a month, additional transactions are $1.25 each -easyweb and paperless record keeping or online statements
CREDIT CARDS
build credit and earn rewards by using a credit card for purchases
-shop with knowing you eligible purchases are covered with purchases security and extended warranty protection -no annual fee -earn 0.5% in cash back dollars on all the other purchases made with your card
REGISTERED SAVINGS PLAN
(RESP) helps you save for your post-secondary education
- money invested in the RESP grows tax-differed and the federal government helps contribute to your savings along the way in the form of education grants
SAVING ACCOUNT
put cash aside to help save for bigger expenses
-unlimited free transfers to other TD Canada trust personal deposit accounts -earn interest on every dollar, calculated daily -free paperless record keeping or online statements
STUDENT LINE OF CREDIT
lines of credit that can help students pay for tuition, books and living expenses
-Interest: monthly payments while in school for 24 months after student leaves school -Once student leaves school, the line of credit will be converted to a student loan with comfortable fixed payment