TD Bank CD Interest Rates

Picture by Getty Photographs; Illustration by Tiffany Herring

TD Financial institution affords a wide range of phrases on its certificates of deposit, a boon for customers seeking to construct a CD ladder. The rates of interest fluctuate considerably relying on what kind of CD you select.

Whereas a few of its CD choices are aggressive, there are greater charges obtainable with some on-line banks. A few of TD Financial institution’s promotional bump fee choices are nicely above Bankrate’s nationwide common, however charges on its customary CDs fall brief.

TD Financial institution earned a 3.7 out of 5 in Bankrate’s general ranking of the financial institution, and its CDs earned 3.5 out of 5 stars.

TD Financial institution CD charges

TD Financial institution affords a big selection of CD choices, together with:

• Selection Promotional CDs
• Step Price CDs
• No-Catch CDs

Every comes with a variety of time period choices. TD Financial institution’s CDs might not be obtainable in all markets.

Right here’s a take a look at TD Financial institution’s CD charges:

These are the charges for TD Financial institution’s Selection Promotional CDs.

TD Financial institution’s bump charges are for patrons who’ve an eligible checking account at TD Financial institution.

TD Financial institution additionally affords a Step Price CD. The account begins out paying the identical APY as Selection CDs however will increase 5 foundation factors (0.05 %) annually for the size of the CD time period. Two time period choices are supplied: three and 5 years. Step Price CDs additionally permit clients to make one penalty-free withdrawal inside 10 calendar days of the anniversary date of opening the account.

These are the composite yields for Step Price CDs at TD Financial institution.

Word: Annual share yields (APYs) proven on this web page are as of March 22, 2024, and should fluctuate by area for some merchandise.

How TD Financial institution CD charges examine to top-yielding banks

A few of TD Financial institution’s relationship CDs is perhaps value contemplating for those who reside close to a TD Financial institution retailer or have a checking account at TD Financial institution, however TD Financial institution’s customary fee CDs fall nicely in need of these supplied by on-line financial institution opponents.

Selecting a extremely rated on-line financial institution that’s insured by the Federal Deposit Insurance coverage Corp. (FDIC) could be a method to get a better APY and to maintain your cash protected in case of a financial institution failure. Simply be certain your cash is inside FDIC limits and tips.

Take into account a financial institution that provides constantly greater charges, reminiscent of Marcus by Goldman Sachs or Capital One. Although there are different on-line banks that may provide even greater APYs nonetheless.

Different financial savings choices at TD Financial institution

TD Financial institution affords a no-catch CD, which permits one penalty-free withdrawal per time period.

TD Financial institution additionally affords financial savings accounts. TD Financial institution’s customary financial savings APYs provide comparatively uninspiring rates of interest. However the bump fee with the TD Signature Financial savings account can provide a aggressive yield with a big steadiness.