TD Bank offers its customers checking and savings accounts, credit cards, loans, and some of the best certificate of deposit (CD) rates we’ve seen. It’s headquartered in Cherry Hill, New Jersey, although its parent group, TD Bank Group, is headquartered in Toronto. While its United States branches are all located on the Eastern Seaboard, and only customers from those states can enjoy TD Bank’s CD rates. Below, we’ll dig into everything you need to know.
All rates and fees are current as of July 24, 2024, and are subject to change.
Standard CDs
There are eight different term lengths available at TD Bank, from three months to six years.
Find the best CD for you
Use the widget below to find the CDs with the best rates in your area.
No-penalty CDs
TD Bank offers two types of no-penalty CDs. The first type is its TD No-Catch CD, where you get one no-penalty withdrawal once per CD term. The second option is a TD Step Rate CD, where you enjoy guaranteed increases in your rate and get one penalty-free withdrawal on each anniversary.
TD Bank no-penalty CD rates
| Term length | APY | Minimum deposit |
|---|---|---|
| 6 months* | 0.05% | $250 |
| 12 months* | 0.05% | $250 |
| 3 years** | Up to 0.15% by the third year | $250 |
| 5 years** | Up to 0.25% by the fifth year | $250 |
| 6 months* | |
|---|---|
| APY | 0.05% |
| Minimum deposit | $250 |
| 12 months* | |
| APY | 0.05% |
| Minimum deposit | $250 |
| 3 years** | |
| APY | Up to 0.15% by the third year |
| Minimum deposit | $250 |
| 5 years** | |
| APY | Up to 0.25% by the fifth year |
| Minimum deposit | $250 |
*Available only with a TD No-Catch CD
**Available only with a TD Step Rate CD
Additional CD products
- Individual retirement account (IRA) CDs
- Business CDs
Compare TD Bank to top competitors
When you compare interest rates amongst the competition, understand that TD Bank's best rates are its "relationship rates." Its non-relationship rates are far less competitive. Here’s how they stack up.
 TD Bank |  Capital One |  Discover |
|---|---|---|
| 6 Monate | 6 Monate | 6 Monate |
| 5.10 | 4.25 | 4.25 |
| 12 months | 12 months | 12 months |
| 4.50% | 5.00 | 4.70 |
| 18 months | 18 months | 18 months |
| 4.60 | 4.45 | 4.40 |
| 24 months | 24 months | 24 months |
| 4.00% | 4.00 | 4.00 |
| 36 months | 36 months | 36 months |
| 3.51% | 4.00 | 3.75 |
| Mehr erfahren | Mehr erfahren | Mehr erfahren |
| Compare more CD rates from TD Bank | See more CD rates from Capital One | Read our review of Discover |
Learn more about TD Bank
In addition to its CDs, TD Bank offers a variety of banking products, including checking and savings accounts, credit cards, home loans, personal loans, and IRAs. It also offers small business, commercial, and investment accounts.
About the contributors
Katherine Haan is a former financial advisor turned small business coach. Katherine holds an MBA, and is a former staff writer for Fit Small Business. She is a regular contributor to Forbes and maintains a popular lifestyle and travel blog.
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