TD Bank CD Rates for 2026: Latest Terms and APYs
Written by
Karen Doyle
Edited by
Joe Evans
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TD Bank is a major regional bank with a heavy East Coast footprint and a reputation for extended branch hours. If you keep your checking or savings there, opening a certificate of deposit (CD) can feel like a natural way to boost your savings with fixed, FDIC-insured returns.
Like other big banks, TD Bank usually pays more on promotional CDs than on standard CDs, but its APYs often lag those of top online banks and credit unions. That makes it especially important to know:
- How those rates stack up against other options in 2026
- Which TD Bank CD terms are available
- What the actual APYs are right now
Rates vary based on your term length and deposit amount.
Current TD Bank CD Rates: Early 2026
TD Bank typically offers a mix of:
- Standard CDs with a range of terms
- Promo CDs/Special CDs that pay higher APYs for specific maturities
- Sometimes specialty products like Step Rate or No-Penalty CDs (offerings can change over time)
Here’s a look at the terms and rates for TD Choice CDs. Each has a minimum opening deposit of $250.
| Term | Relationship APY | Standard APY |
|---|---|---|
| 3 months | ||
| 6 months | ||
| 9 months | ||
| 10 months | ||
| 12 months | ||
| 18 months | ||
| 2 years | ||
| 3 years | ||
| 5 years |
TD Bank Promotional/Special CD Rates
These TD Bank CDs are similar to traditional CDs. However, once per term, the account holder can withdraw money from the CD without incurring an early withdrawal penalty. This CD type requires a minimum deposit of $250.
| Term | APY |
|---|---|
| 6 months | |
| 12 months |
TD Bank Step Rate CD Rates: November 2025
These CDs come with guaranteed yearly rate increases. Like a No-Catch CD, account holders can make one penalty-free withdrawal per term. You can open an account with just $250.
| Term | Composite APY |
|---|---|
| 3 years | |
| 5 years |
Key Features of TD Bank CDs
| Feature | Details |
|---|---|
| CD types | Standard fixed-rate CDs plus periodic promotional CD specials; some markets may offer step-rate or no-penalty CDs |
| Term range | Typically from a few months up to several years, depending on the current product lineup |
| Minimum opening deposit | Often a few hundred to a few thousand dollars per CD; confirm the exact minimums in TD’s rate table |
| Interest rate | Fixed APY for the full term once your CD is opened and funded |
| Compounding | Interest usually compounds regularly and is credited on a set schedule (monthly or at maturity; check TD’s product disclosure) |
| FDIC insurance | Deposits are FDIC insured up to $250,000 per depositor, per ownership category at TD Bank, N.A. |
| Account management | CDs can often be opened and managed online, in the TD mobile app or at a branch within TD’s footprint |
| Early withdrawal penalties | Taking money out before maturity generally triggers an early withdrawal penalty, which can reduce or eliminate interest earnings |
| Relationship pricing | TD may offer better rates to customers who meet certain balance or relationship requirements (check the latest terms) |
How Much Can You Earn With a TD Bank CD?
How much interest can you earn when you have a CD at TD Bank? You’ll have to look at these factors:
- The amount of your deposit
- The term length on the CD
- The current annual percentage yield (APY)
Take a look at the estimated earnings with TD Bank CDs:
| Deposit Amount | Term Length | Relationship APY | Estimated Interest Earned |
|---|---|---|---|
| $250 | 6 months | $4.28 | |
| $250 | 9 months | $5.79 | |
| $250 | 12 months | $7.50 | |
| $250 | 5 years | $29.42 |
You can also check how much you’ll earn using the GOBankingRates Savings Calculator. This calculator shows how compound interest grows your money over time.
How TD Bank CD Rates Compare
Once your tables include real APYs, you can position TD Bank CDs for readers:
- Versus national averages
Big regional banks like TD often set standard CD rates near the national average. Promotional CDs tend to stand out more, especially at popular terms like 6 or 12 months. - Versus top online banks and credit unions
Online-only banks and credit unions frequently pay higher APYs than traditional branches. Even with TD Bank CD specials, you may still find better yields from pure online competitors. - Versus other big/regional banks
TD Bank’s CD lineup usually looks similar to other large regionals: okay standard rates, plus a handful of term-limited specials that are more competitive. The appeal is convenience, not necessarily market-leading yields.
TD Bank CD Rates vs. Other Banks
Here’s a look at how TD Bank CD rates for three-month and one-year accounts stack up against other options you might consider.
| Bank | 3-Month CD APY | 1-Year CD APY |
|---|---|---|
| TD Bank | Up to | Up to |
| Ally Bank | ||
| Discover® Bank, Member FDIC |
How To Open a TD Bank CD
- Choose your CD term and goal
- 3-12 months for near-term goals or a portion of your emergency fund
- 18-36 months for medium-term savings you won’t need right away
- Longer terms if you want to lock in a rate and can leave the money untouched
- Check current TD Bank CD rates
- Go to tdbank.com
- Navigate to Personal, then Savings & CDs, then CDs
- Click to view current interest rates for standard CDs and any advertised specials
- Note the APYs, minimums and term lengths you’ll highlight in your tables
- Gather your information
You’ll typically need:- Legal name and date of birth
- Social Security number or taxpayer ID
- Home address and contact details
- Existing bank info if you’re funding from another institution
- Apply online or at a TD branch
- In TD Bank’s footprint, you can usually open CDs online or in person
- New customers may need to provide extra documents to verify identity
- Fund your CD
- Transfer funds from a TD checking or savings account
- Or link an external bank and move money electronically
- Your rate is generally locked once the CD is opened and funded
- Set maturity instructions
- Decide whether you want the CD to auto-renew, roll into a different CD or transfer to your checking/savings at maturity
- Add the maturity date and grace-period window to your calendar so you can take action if rates change
Pros and Cons of TD Bank CDs
| Pros | Cons |
|---|---|
| FDIC-insured up to $250,000 per depositor, per ownership category | Standard CD APYs are often lower than top online bank or credit union rates |
| Branch access plus online and mobile tools for managing CDs | Minimum deposits may be higher than $0 to $500 minimums common at online banks |
| Promotional CD specials can offer higher APYs at select terms | CD specials are limited-time and may require new money or specific conditions |
| Easy to keep savings in the same place if you already bank with TD | Early withdrawal penalties can significantly reduce or wipe out interest if you cash out early |
| Multiple terms make CD laddering strategies possible | Not ideal for pure rate chasers focused solely on the highest nationwide yields |
Is a TD Bank CD Right for You?
A TD Bank CD might be a good fit if you:
- Already use TD Bank for checking or savings and want one-bank convenience
- Prefer FDIC-insured, fixed-rate returns to stock market volatility
- Live in TD’s footprint and value branch access alongside online tools
- Can take advantage of a promotional CD that offers a higher APY for your target term
You might want to look elsewhere if you:
- Are strictly chasing the highest APYs and are comfortable with online-only banks or credit unions
- Have a smaller amount to invest and want ultra-low or $0 minimums
- Expect you may need to access your money before maturity and don’t want to pay early withdrawal penalties
- Are open to brokered CDs or high-yield savings accounts that may pay more than TD’s standard CDs
A balanced approach is to keep your fully liquid emergency fund in a high-yield savings account and use TD Bank CDs — especially CD specials — for the portion of your cash you can commit for a fixed term.
Final Take to GO
TD Bank CDs give savers a familiar way to earn fixed, FDIC-insured interest at a regional bank with strong branch coverage and digital tools. Standard CD rates may run close to the national big-bank average, while CD specials can make certain terms more attractive — especially for existing TD customers who value one-bank simplicity.
If your priority is convenience, branch access and keeping your money with a well-known bank, TD CDs can play a role in your 2026 savings plan. If your top goal is squeezing out every possible basis point of yield, it’s smart to compare TD’s live CD rates with those from leading online banks, credit unions and brokered CDs before you lock in.
Melanie Grafil, Caitlyn Moorhead, Sarah Sharkey and Jami Farkas contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Jan. 1, 2026.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
