Does TD work with Lodavo? How to connect TD Canada Trust

If you bank with TD Canada Trust, the short answer is yes: TD works with Lodavo. TD is one of Canada’s six largest banks, serving 28.1 million clients as of early 2026, and it is named directly on Plaid’s Canadian network. Because Lodavo connects to your bank through Plaid with read-only access, a TD chequing, savings, or TFSA balance can be linked to Lodavo in a couple of minutes, with your money never leaving TD.

How to connect your TD account to Lodavo

Connecting takes about two minutes inside the Lodavo app:

1. Download Lodavo (free) and create your account.
2. Tap to connect a bank and choose TD Canada Trust from the list.
3. Sign in through the secure Plaid connection. You enter your details on the bank-connection screen, not by handing your password to Lodavo.
4. Pick the TD account you want Lodavo to track, and you are done.

From then on, Lodavo reads your balance each week and turns what you have saved into free tickets for that week’s draw. You do not move any money to set this up.

Is it safe? What Lodavo can and cannot see

Yes, it is safe, and the design is deliberately limited. In December 2023, TD and Plaid signed a data-access agreement so TD customers can connect to apps on Plaid’s network more securely. In TD’s own words, the goal is “greater data security and privacy by eliminating the need to share login credentials with third parties.”

In practice, that means two things for you:

• Lodavo never sees your TD login. You authenticate through Plaid’s secure flow, and Lodavo receives scoped, read-only access, not your username and password.
• Lodavo cannot touch your money. Read-only access lets Lodavo check your balance to award tickets. It cannot move, hold, withdraw, or charge anything. Your savings stay in your TD account, earning whatever TD already pays you.

You can disconnect TD from inside Lodavo whenever you want.

Which TD account should you track?

Connect the TD account where your savings actually sit. Most members link one of:

You can connect more than one TD account, and the balances simply add up. The one thing Lodavo cannot track yet is an investment or brokerage account, such as TD Direct Investing or a self-directed TFSA, so stick to chequing and savings accounts where your money sits as a cash balance. Lodavo only reads the balance, so the more you keep saved across the accounts you choose, the more tickets you earn. There is no minimum.

Troubleshooting a TD connection

If a connection does not go through on the first try:

• Make sure you are entering your current TD login details on the secure connection screen, exactly as you would on TD’s own site.
• Complete any verification step TD prompts you with (a one-time code, for example).
• If a previously linked account stops updating, reconnect it from inside Lodavo to refresh the link.

Connections to big banks like TD are well supported, so most issues clear up with a quick reconnect.

Why prize-linked savings fits TD customers

Canadians are not saving much right now. The household saving rate slipped to 3.5% in the first quarter of 2026, the lowest since early 2024, according to Statistics Canada. Prize-linked savings is built for exactly that problem: it adds a fun reason to keep money set aside, without asking you to lock it up or move it.

With Lodavo, you keep your money in your own TD account and still get a shot at winning. Save, earn tickets, and you are entered into a free weekly draw for up to $10,000, with a guaranteed prize of at least $100 going to a member every week. It is a small layer of upside on top of the bank you already use.

Terms and conditions apply. No purchase necessary (alternate method of entry available). Skill-testing question required. Open to legal residents of Canada who are the age of majority. Odds depend on the number of eligible entries received. Full rules and odds here.