TD mortgage
Pay your TD mortgage with Chexy.
Pay your TD mortgage through Chexy from the chequing account you already use, and earn 1 Aeroplan point per $1 on eligible payments.* Switching takes one call to TD.
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How to
How to pay your TD mortgage with Chexy
1
Sign up for Chexy
Create your account, verify your identity and add the chequing account you pay your mortgage from today, plus your Aeroplan number.
2
Set up your mortgage
Pick TD as your lender and confirm your mortgage details. Chexy gives you its account details and a void cheque for TD.
3
Call TD’s Mortgage Payment Changes team
In the TD app, go to More, Contact Us, Call Us, Account, then Payment Changes under Mortgage & FlexLine, or call 1 (844) 760-0258. Give your Chexy institution, transit and account numbers and your verbal authorization.
4
Chexy pays TD
On your usual payment date, Chexy debits your chequing account and pays TD as usual. Points arrive after every payment.*
What you can pay
How it works with your mortgage
Your TD mortgage
Your TD mortgage stays exactly as it is. Chexy only changes which account your payment comes from.
- Your regular mortgage payment. The same amount, on your usual payment date.
- Paid by pre-authorized debit. TD keeps withdrawing your payment automatically. It just comes from your Chexy account.
- No changes to your mortgage. Same lender, same rate, same term. Nothing to refinance, nothing to re-apply for.
1.75% per payment, added to your withdrawal. On a $2,500 mortgage payment, that’s $43.75.
Timing
When TD gets paid
- At least two weeks before your next payment
- Give your lender your Chexy account details, so the change is in place in time.
- After your call
- TD usually takes 2 to 10 business days to process the change.
- Your usual payment date
- Chexy withdraws your payment plus the fee from your chequing account, never in advance, and pays TD on schedule.
Paying your TD mortgage with Chexy: questions
Can I pay my TD mortgage through Chexy?
Yes. Chexy pays TD from the chequing account you already use, on your usual payment date, and you earn 1 Aeroplan point per $1 on eligible payments.*
How do I give TD the new account?
Call TD’s Mortgage Payment Changes team through the TD app (More, Contact Us, Call Us, Account, Payment Changes under Mortgage & FlexLine) or at 1 (844) 760-0258. Give your Chexy institution, transit and account numbers and your verbal authorization.
How long does TD take?
The call takes about 10 minutes. TD usually processes the change in 2 to 10 business days, so call well before your next payment.
Do I pay with my credit card?
No. Mortgage payments through Chexy come from your chequing account, the same account you pay from today. You earn Aeroplan points directly through Chexy, no credit card required.
What does it cost?
There’s a 1.75% fee per payment, added to your withdrawal. On a $2,500 mortgage payment, that’s $43.75. You also earn 2,500 Aeroplan points on that payment.*
Does this change anything about my mortgage?
No. Your rate, term, amortization and payment schedule all stay exactly the same.
The fine print
- *Conditions apply. 1 Aeroplan point per $1 on eligible mortgage payments made through Chexy.
- TD changes your mortgage payment account by phone, not online. The call takes about 10 minutes.
- Have your Chexy institution, transit and account numbers ready. TD may also ask for your Chexy void cheque.
- Your Chexy account details are held at Peoples Trust Company. If it doesn’t show up in your lender’s system, ask the representative to enter the details by hand and read them back to you. It may not appear in TD’s list right away.
- Keep your old account funded until you see a mortgage payment come out through Chexy. Until the change takes effect, your lender still draws from the old account.
- Chexy is not a mortgage lender, mortgage broker or party to your mortgage.
Sources: Chexy Insider: How to pay your TD mortgage with Chexy · How to switch your mortgage payments to Chexy · Chexy mortgage payments · How much does Chexy cost?. TD Canada Trust is not affiliated with Chexy.
Also: Pay your RBC mortgage with Chexy · Pay your CIBC mortgage with Chexy · Pay your Scotiabank mortgage with Chexy · Pay your BMO mortgage with Chexy · Pay your First National mortgage with Chexy · Pay your National Bank mortgage with Chexy · Pay your Equitable Bank mortgage with Chexy · Pay your MCAP mortgage with Chexy · All payees
Earn Aeroplan points on your TD mortgage.
1.75% per payment, added to your withdrawal