What this means
FairRate is not affiliated with TD and does not know its internal pricing or approval rules. This guide provides a framework for reviewing the written offer and asking better questions.
Does TD offer a bonus at mortgage renewal?
As of August 28, 2026, TD’s publicly advertised cashback offer is for eligible new TD mortgages and explicitly excludes a renewal of an existing TD Mortgage or Term Portion. Promotions and individual retention offers can change, so ask TD to confirm any renewal incentive, eligibility requirements, and conditions in writing before treating it as part of the offer.
Primary source
TD Canada Trust — current mortgage offer terms ↗How do you apply for a TD mortgage renewal?
As of August 30, 2026, TD describes an existing-customer renewal as a digital renewal rather than a new-mortgage application. Sign in to EasyWeb or the TD app, open the Mortgage or Term Portion, select Renew Now, review the available options, and accept the Renewal Agreement. If the digital option is unavailable or you need changes beyond a straightforward renewal, contact TD directly.
Primary source
TD Canada Trust — digital mortgage renewal process ↗Before-you-sign checklist
- ✓ What exact term and fixed or variable structure does this offer use?
- ✓ What scheduled payment and remaining amortization were used?
- ✓ How is an early-break penalty calculated under the written terms?
- ✓ What prepayment privileges, portability rules, fees, and restrictions apply?
- ✓ When does the offer expire, and what happens if I do not respond?
- ✓ Is another renewal option available from this lender?
- ✓ Are any alternatives genuinely comparable after eligibility, timing, and switching costs?
About cost illustrations
A rate difference cannot be converted into reliable savings by multiplying the balance by the rate gap. Mortgage payments use amortization and compounding, while fees, timing, product terms, and qualification can change the comparison. Use the FairRate checker or a proper mortgage-payment calculation for scheduled-payment context, and treat every result as an estimate rather than promised savings.
Related FairRate Canada sources
Frequently asked questions
What is the answer to “Is My TD Mortgage Renewal Rate Too High?”?
Do not accept or reject a TD renewal offer from the lender name or quoted rate alone. Review the written term, payment, remaining amortization, penalties, prepayment privileges, portability, fees, conditions, deadline, and genuinely comparable alternatives.
Does TD offer a bonus at mortgage renewal?
As of August 28, 2026, TD’s publicly advertised cashback offer is for eligible new TD mortgages and explicitly excludes a renewal of an existing TD Mortgage or Term Portion. Promotions and individual retention offers can change, so confirm any renewal incentive and its conditions directly with TD in writing.
How do you apply for a TD mortgage renewal?
As of August 30, 2026, TD describes an existing-customer renewal as a digital renewal: sign in to EasyWeb or the TD app, open the Mortgage or Term Portion, select Renew Now, review the available options, and accept the Renewal Agreement. If the digital option is unavailable or you need changes beyond a straightforward renewal, contact TD directly.
What renewal offers does FairRate currently support?
The benchmark-backed free checker and paid benchmark reports currently support Canadian 3-year fixed and 5-year fixed renewal offers. Variable-rate and unsupported terms should not be forced against those fixed-term references.
Is FairRate Canada a mortgage broker or lender?
No. FairRate Canada is an independent educational comparison service. It does not arrange mortgages, make lending decisions, sell mortgage inquiries, or receive lender commissions.
Can FairRate guarantee a lower rate or savings?
No. Public comparison context is not a borrower-specific lender quote, approval, or guarantee that another rate is available. FairRate does not guarantee savings, negotiation results, or switching outcomes.
Related renewal guides
TD Mortgage Renewal Offer: What to Check Before Signing
A TD renewal offer is not just about the rate. Review the term, penalty language, prepayment privileges, and benchmark spread before accepting.
Can You Negotiate a Mortgage Renewal Rate in Canada?
Yes, many borrowers can ask their lender to review the renewal rate. Your leverage depends on the spread, your timeline, and competing options you may be able to compare.
Editorial standard
FairRate Canada publishes renewal-first educational content for Canadian homeowners. Articles are reviewed for clear scope, dated context, source transparency, extractable answers, and explicit limitations.
FairRate Canada is not a mortgage broker, mortgage agent, lender, brokerage, underwriter, law firm, or financial advisor. It does not arrange mortgages, make lending decisions, sell mortgage inquiries, guarantee another rate, or promise savings or a particular renewal outcome.