TD Bank Personal Loans: 2025 Review

TD Bank is best for a mix of online and in-person service 

Winner of 2025's “best personal loan from a bank” Bankrate Award, TD Bank has locations across the East Coast and offers multiple online services. If you need help in person, you can walk into one of its over 1,100 locations and work with someone directly. If you prefer to do all of your banking from the comfort of home or on the go, TD Bank has a well-rated mobile app for Apple and Android products.

TD Bank personal loan purposes

You can use a personal loan from TD Bank for almost any legitimate expense, such as debt consolidation, a wedding or home improvement. However, there are two notable exceptions: TD Bank personal loans cannot be used for business or education-related expenses.

Where TD Bank personal loans stand out

• Low maximum APR and no origination fee: TD Bank offers a low maximum APR compared to some lenders that charge rates as high as 35.99 percent. It also doesn't charge an origination fee.
• Excellent customer support: Borrowing from a TD Bank carries the benefit of in-person support that working with an online lender does not afford. There is also 24/7 phone support and an online virtual assistant with online tutorials to help at any time.
• Highly rated mobile app: TD Bank offers a robust online experience, making it easily accessible regardless of how you prefer to manage your loan. Its app is highly rated on both Google Play and the App Store, ensuring easy and convenient use.
• Change your payment date: TD Bank allows you to change your payment date if the one currently set no longer works with your schedule. You can edit the date of your payment by contacting TD Bank in advance of the due date.

Where TD Bank personal loans fall short

• Low loan amount: TD Bank caps its loans at $50,000, which could be a problem for some borrowers looking for larger loans. In this case, LightStream could be a better option.
• Few loan terms: Most lenders offer terms from at least 24 to 60 months — TD Bank only offers terms from 36 to 60 months.
• Limited footprint: Although TD Bank is available online, its branches are limited to residents of 15 states and Washington, D.C.

TD Bank customer experience

Customer support 

TD Bank is a standout among personal loan lenders for its commitment to customer support. There are a number of ways you can receive help with your TD Bank personal loan, including in person. Plus, this institution has over 1,100 branch locations you can visit to speak with someone directly.  

For simple matters, you can ask the bank's virtual assistant chatbot to receive immediate help. TD Bank customer service is also accessible by phone 24/7. Or, you can reach out via its social media accounts with any general questions.

Digital experience

TD Bank can make managing your finances easier with its highly rated mobile app. Available to both Apple and Android users, it functions as a mobile bank for your TD Bank products, allowing you to manage and track your loan. Plus, the app offers personalized account alerts that you can customize to help you remember your payment dates. 

TD Bank also boasts a robust help center with interactive tutorials that make learning simple. It's all supported by a virtual assistant who takes the work out of the process and provides immediate answers to your urgent questions.

How this lender compares

Before signing off with TD Bank, it is smart to compare additional personal loan rates to find the best fit for your needs.

Do you qualify for a TD Bank personal loan?

The lender doesn’t list its eligibility factors on its website, but you'll need to ensure that your income is sufficient to cover your potential monthly payment. Since TD Bank offers prequalification with a soft credit pull, the best way to find out whether you qualify is by filling out their prequalification form.

While some TD Bank products (like auto loans) are available nationwide, its personal loans are limited to borrowers who live in states where the bank has a physical presence. If you want to borrow a personal loan from TD Bank, you must live in one of the following states:

How Bankrate rates TD Bank