Td Savings Account Interest Rate

Get special rates and discounts.

Learn how the TD Simple Savings Account compares to the top online savings accounts as we review the account's interest rates, fees, and features. By Rebecca Lake Updated: Dec 23, 2020.

  • View TD's interest rates on personal bank accounts and registered products. Rates are as of October 8, 2020. Tabs Menu: to navigate this menu, use the left & right arrow keys to change tabs.
  • To open an account in Small Savings Schemes viz Savings Account (SB), Recurring Deposit (RD), Time Deposit (TD), Monthly Income Scheme (MIS), Senior Citizen Savings Scheme (SCSS)submit Account.

Opening your TD Checking account
is just the beginning – take advantage
of these added relationship benefits.

As a TD personal Checking customer, you get special rates on savings accounts and discounts on home lending solutions. Get the most out of your Checking today.

Account

Get rewarded for building your savings with tiered interest rates. And you can earn an even higher rate by linking your TD personal Checking account to a TD Preferred Savings account.1

TD personal Checking customers receive an extra 0.25% discount off our already low variable rates. Get the most out of your home today.2

At TD Bank, there's always someone to talk to about your account. Call us or come in today.

1-888-751-9000
Live Customer Service 24/7

Rate

1Qualifying accounts include TD Bank personal mortgage, home equity, credit card or active personal and business checking accounts. An active checking account must have three customer-initiated deposit, withdrawal, payment or transfer transactions each month to qualify for the rate bump during the following month.

Interest

2Available on 1-4 family primary or secondary residences, excluding mobile homes, and homes for sale, under construction or on leased land. A qualifying TD Bank personal checking account is required to be eligible for an additional 0.25% discount. This relationship discount may be terminated and the interest rate on this account may increase by 0.25% upon closure of the qualifying checking account. Rates subject to change.

Bank

Loans subject to credit approval.

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Are you 60 or older?
This is the perfect account for you.


$0 monthly maintenance fee

with $250 minimum daily balance


Earn interest

Current APY*Required Minimum Daily Balance To Earn APY*
0.01%$0.01
*Annual Percentage Yield (APY) is accurate as of 12/22/20 and subject to change after the account is opened. Fees may reduce earnings on the account.

Banking that works for you

  • Earn interest on your account balance
  • Rate discount on TD Bank home loans - .25% off home equity lines of credit1

Extras you'll truly use

  • Free money orders
  • Free official bank checks
  • Free standard checks or discounts on select check styles
  • Free paper statements

Save money

  • $10 monthly maintenance fee waived when you maintain the $250 minimum daily balance
  • Overdraft services available
Interest

On-the-go banking

  • Free Mobile Banking with Mobile Deposit2
  • Online Banking and free Bill Pay with e-bills
  • Free online statements with check images
  • Live Customer Service 24/7

7% Interest Rate Savings Account

Checkouts just got easier.

Pay with your TD Bank Debit Card

  • In person
  • Online or over the phone
  • In apps or app stores
  • Using your digital wallet

Open an account

Apply online
The online application takes 7
minutes or less.
Call us
Our banking specialists can
help you over the phone.
1-888-751-9000
Apply in person
Visit a TD Bank to open your account.
ExpandImportant Disclosures


1Loans subject to credit approval. Relationship discount may be terminated and the interest rate may increase upon closure of the qualifying personal checking account.
2TD Bank Mobile Deposit is available to Customers with an active checking, savings or money market account and using a supported, internet-enabled iOS or Android device with a camera. Other restrictions may apply. Please refer to the Mobile Deposit Addendum.

Compare

TD Simple CheckingSM
TD Convenience CheckingSM
TD Premier CheckingSM
TD Relationship CheckingSM
TD 60 Plus CheckingSM
TD Student
CheckingSM
Monthly maintenance fee
$5.99
$0
with a minimum daily balance of $100
—OR—
$15
$0
with a minimum daily balance of $2,500
—OR—
$25
$0
with a $20,000 minimum combined deposit, outstanding loan and/or mortgage balance (excludes credit card)
—OR—
$25
$0
with a minimum daily balance of $250
—OR—
$10
$0
Earns interest
No
No
Yes, tiered interest rates
Yes
Yes
No
Checks
1st order discounted on select styles
1st order discounted on select styles
1st order of standard checks free or discount on select styles
On all orders, free standard checks or discounts on select styles
On all orders, free standard checks or discounts on select styles
1st order discounted on select styles
Online statements
Free
Free
Free
Free
Free
Free
Paper statements
Monthly fee
(Paper statements are optional for Online Banking customers)
Monthly fee
(Paper statements are optional for Online Banking customers)
Free including check images
Free including check images
Free
Monthly fee
(Paper statements are optional for Online Banking customers)
ATM fees
Free at TD ATMs
Free at TD ATMs
TD Bank will never charge you a fee at TD or non-TD ATMs
Other banks' ATM fees reimbursed with a minimum daily balance of $2,5001
TD Bank will never charge you a fee at TD or non-TD ATMs
Other banks' ATM fees reimbursed with a minimum daily balance of $2,5001
Free at TD ATMs
Free at TD ATMs
Overdraft protection
Available
Available
Available
Transfer fees waived
Available
Transfer fees waived
Free with this account
Money orders
Official bank checks
Stop payments
Incoming wire transfers
Money orders
Official bank checks
Stop payments
Incoming wire transfers
No monthly maintenance fee on savings accounts and one additional checking account
Money orders
Official bank checks
No monthly maintenance fee on one TD Simple SavingsSM account when linked to a TD Student Checking account

Free Mobile Banking with Mobile Deposit3
Online Banking and free Bill Pay with e-bills
TD Bank Debit Card available on-the-spot
Live Customer Service 24/7
Free access at thousands of TD ATMs in the U.S. and Canada
Flexible ways to Send Money via text or e-mail and make internal and external transfers3
Free online statements with check images
Rate discounts on TD Bank home loans - .25% off home equity line of credit4
Choice of overdraft services available
Open early. Open late. Most locations open 7 days
Alternate format statements available, learn more about TD Bank accessibility options.

Checkouts just got easier.

Pay with your TD Bank Debit Card

Best Savings Account Interest Rates Td Bank

  • In person
  • Online or over the phone
  • In apps or app stores
  • Using your digital wallet

Open an account

Apply online
The online application takes 7
minutes or less.
Call us
Our banking specialists can
help you over the phone.
1-888-751-9000
Apply in person
Visit a TD Bank to open your account.
ExpandImportant Disclosures


1Non-TD fees reimbursed when minimum daily balance is at least $2,500 in checking account. For non-TD ATM transactions, the institution that owns the terminal (or the network) may assess a fee (surcharge) at the time of your transaction, including balance inquiries.
2TD Bank Mobile Deposit is available to Customers with an active checking, savings or money market account and using a supported, internet-enabled iOS or Android device with a camera. Other restrictions may apply. Please refer to the Mobile Deposit Addendum.
3Send Money is available for most personal checking and money market accounts. External transfer services are available for most personal checking, money market and savings accounts. To use either of these services you must have an Online Banking profile with a U.S. address, a unique U.S. phone number, an active unique e-mail address, and a Social Security Number. Your eligible personal deposit account must be active and enabled for ACH transactions and Online Banking transfers. To perform instant transfers a TD Bank Visa® Debit Card is required. Fees may apply depending on delivery options.
4Loans subject to credit approval. Relationship discount may be terminated and the interest rate may increase upon closure of the qualifying personal checking account.
©2019 Visa U.S.A. Inc.

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Td Bank Savings Account Interest Rate

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