Current TD Bank CD Rates
Here at Highest CD Rates Info, we like to keep you as up to date as possible on the latest happenings with certificate of deposit rates at your favorite bank. Today, we’re bringing you the latest offers available in TD Bank CD rates.
*Editor’s Note: this is an older article, and we have recently updated our research about current TD Bank CD Rates. For our latest article on TD Certificate of Deposit Rates, please see the following page: TD Bank CD Rates
Right now, TD CD rates are in three categories: Basic, No Catch, and Step Rate offers. The Basic is only one term and requires a $250 minimum deposit to open and maintain. The CD rates at TD Bank for this 9 month term Basic are 0.70% annual percentage yield (APY).
For the No Catch offers, the best CD rates are offered in 6 or 12 month terms and also require a $250 minimum deposit to open and maintain. You get the added bonus of one penalty-free withdrawal from your CD during its lifespan (term). The 6 month term gives 0.30% APY and the 12 month term gives 0.40% APY.
Finally, the Step Rate TDBank CD rates step up the rate for each year of the term, beginning with a 3 year and also a 5 year offer. These also require a $250 minimum deposit to open and maintain and a 3 year term offers interest rates starting at 1.34% the first year, moving up to 1.54% the second year and finally ending at 1.98% the third year for an average 1.63% APY. The 5 year term is similar.
The 5 year CD interest rates at TD start at 1.00%, go up to 1.24% the second year, 1.98% in year 3, 2.47% in year 4, and end at 4.17% in year 5 for an average of 2.20% APY.
Definitely some good offers and some of the highest CD rates around at TD. TD Bank is, of course, fully FDIC insured.