What Are the Interest Rates of TD Bank Savings Accounts?


Quick Answer

As of 2015, TD Bank offers customers with the TD Simple Savings account a 0.05 percent annual interest rate. However, those with TD Growth Money Market or TD Relationship Savings accounts earn interest rates that depend on the daily balances in their accounts and whether or not they have a specific type of account activity or linked accounts, notes TD Bank.

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Full Answer

For example, TD Growth Money Market account holders that have qualified account activities can earn between 0.05 percent and 0.35 percent interest per year, while those without the qualified account activity earn between 0.03 percent and 0.30 percent per year. TD Relationship Savings account holders with linked accounts at TD Bank can earn higher interest rates between 0.10 percent and 0.50 percent a year, while those without the linked accounts earn 0.05 percent to 0.30 percent per year, states TD Bank. The bank's website offers specific balance requirements for each interest rate.

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