Updated on June 14, 2025, at 5:39 PM EDT (Time in Toronto). Beginning July 2025, TD Bank clients in Canada will encounter higher monthly charges and revised minimum balance requirements to avoid these fees. This overview covers details about TD Bank’s chequing accounts and safety deposit boxes, providing essential information for managing your banking expenses. The yearly charges for safety deposit boxes are rising considerably. Small: $80 (increased from $60, a rise of 33%). Medium: $135 (increased from $100, a rise of 35%). Large: $200 (increased from $150, +83%). Oversize fee: $10 per square inch (increased from $5, a 100% rise). These increases may significantly impact customers, particularly those with larger boxes, as their costs have surged. Additionally, monthly charges for various TD chequing accounts are going up.