TD Bank Savings Account Interest Rates for 2026
Written by
Sarah Sharkey
Edited by
Elizabeth Constantineau, CFHC™
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If you’re considering a traditional bank to hold your savings, TD Bank offers two core savings accounts: Simple Savings and Signature Savings. While they provide basic features and FDIC protection, their interest rates tend to lag far behind high-yield savings accounts offered by many online banks. Still, TD Bank can make sense if you value branch access and relationship banking.
Important: Savings rates change frequently. All APYs below are current as of early 2026 based on available disclosures and third-party rate aggregators. Rates may vary slightly by location and account activity.
At a Glance: TD Bank Savings Account APYs
Account APY (Range) Key Terms TD Simple Savings ~0.02% APY Basic savings, $5 monthly fee (waivable) TD Signature Savings (standard) ~0.01% APY Tiered — same low base rate across most balances TD Signature Savings (relationship bump) Up to ~2.75% APY Higher tier only with linked accounts and high balances *Note: “Relationship bump” means you must link an eligible checking account and often maintain a high daily balance to qualify for top rates.
What Are the Current TD Bank Savings Account Interest Rates?
TD Bank offers two savings account options to consider. Here’s a breakdown of the interest rates associated with each account.
| Account | Standard APY | Relationship APY | Balance Required |
|---|---|---|---|
| TD Simple Savings | N/A | $0+ | |
| TD Signature Savings | $0.01 to $9,999.99 | ||
| TD Signature Savings | $10,000 to $24,999.99 | ||
| TD Signature Savings | $25,000 to $49,999.99 | ||
| TD Signature Savings | $50,000 to $99,999.99 | ||
| TD Signature Savings | $100,000+ |
Based on the information above, you can see that you’ll need substantial savings to unlock the best rates available through TD Bank. Additionally, you’ll need to have a qualifying TD Bank account to unlock the top rates.
If you have less than $10,000 to save or don’t currently work with TD Bank, then the interest rates listed above might not be enticing enough to open a savings account through this bank.
Types of Savings Accounts Offered by TD Bank
Here’s a closer look at both of TD Bank’s savings account options.
TD Simple Savings
The TD Simple Savings account is designed for anyone looking to build their savings. Although the account comes with a $5 monthly maintenance fee, you can tap into many ways to avoid the fee. You must meet one of the requirements below to waive the monthly fee:
- Maintain a minimum daily balance of $300.
- Set up a recurring transfer of $25 to avoid the fee for your first year.
- Students and young adults under 24 can get the fee waived.
- Anyone age 62 or older or age 18 or under can get the fee waived.
One of the account benefits is that you’ll earn interest on your savings. The annual percentage yield tied to the account is .
TD Signature Savings
The TD Signature Savings account comes with a monthly maintenance fee of $15. But you can get the fee waived if you meet one of the following requirements:
- Maintain a minimum daily balance of at least $10,000.
- Link an eligible TD Bank checking account.
The interest rate tied to the TD Signature Savings account varies based on your relationship with the bank. If you link an eligible TD Bank personal or small business checking account, home equity loan, credit card or mortgage, then you get access to the relationship bump rate. In other words, TD Bank chooses to reward its loyal customers with a higher interest rate.
Tiered APY (Relationship Bump):
- $0-$9,999: ~0.01% APY
- $10,000-$24,999: ~0.35% APY
- $25,000-$49,999: ~0.60% APY
- $50,000-$99,999: ~0.85% APY
- $100,000-$249,999: ~2.36% APY
- $250,000+: ~2.75% APY
Monthly Fee: ~$15 (waivable with sufficient balances or linked accounts)
With a higher balance, you’ll also unlock higher interest rates. With that, savers who like having access to a large stash of cash might find an incentive to work with the TD Signature Savings account.
Other Savings Options at TD Bank
If TD Bank savings account rates and features aren’t right for you, you may want to consider other savings options at TD Bank. Here’s a breakdown of their CD accounts:
- TD Promotional CDs: Available in terms ranging from 3 months to 5 years, these CDs require a minimum deposit of $250. The interest rate varies based on your balance and whether you meet the relationship requirements — such as having an eligible TD Bank checking account.
- TD No-Catch CDs: With a minimum opening deposit of $250, these CDs offer flexibility by allowing one penalty-free withdrawal per term. Available in 6-month or 12-month terms.
- TD Step Rate CDs: These CDs come in 3-year and 5-year terms with a $250 minimum deposit. TD Bank guarantees an annual interest rate increase throughout the term.
TD Bank Savings Account Interest Rates vs. Competitors
In contrast to the national average savings rate of 0.41%, the TD Signature Savings account’s relationship rates look attractive. But the reality is that you can find high-yield savings accounts offering more attractive interest rates with fewer banking relationship strings attached.
For example, TAB Bank offers a high-yield savings account with a APY. And it doesn’t come with a minimum opening balance requirement or monthly service fees.
In another example, Ally Bank offers a high-yield savings account with an APY of . Plus, you won’t find minimum balance requirements or monthly fees attached.
If you want to explore even more high-yield savings accounts with attractive rates and minimal fees, take a look at GOBankingRates’ list of top high-yield savings accounts.
MOST COMPARABLE
MOST COMPARABLE
MOST COMPARABLE
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No monthly service fee
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Min Opening
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Min Opening
$0
$0
$0
Final Take to GO
TD Bank savings accounts are reliable and safe places to hold emergency funds and short-term cash needs, but their interest rates — especially at lower balances — aren’t competitive with many high-yield savings accounts available online.
If your priority is maximizing yield, consider comparing TD Bank’s offerings with high-yield alternatives that pay significantly more on all balances.
TD Bank Savings Account FAQ
- What APY does TD Bank pay on savings accounts?
- TD Simple Savings earns around 0.02% APY, while TD Signature Savings ranges from about 0.01 % up to about 2.75 % APY with a relationship bump and high balances.
- Is there a minimum deposit to earn interest?
- No minimum deposit is required to open an account, though higher rates require linked accounts and balance thresholds.
- Can I avoid fees?
- Yes, monthly maintenance fees can be waived with daily minimum balances or linked qualifying accounts.
- Are TD Bank savings accounts FDIC-insured?
- Yes -- up to standard FDIC limits of $250,000 per depositor, per ownership category.
- How often does TD Bank pay interest?
- Interest is typically credited monthly on savings accounts.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Feb. 10, 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.
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