TD Bank CD Rates Review
We aim to offer the best CD rates available in the market at any point. In this blog, we review the highest CD rates of various banks and today we will look into the features and CD interest rates of TD Bank.
*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
TD bank is one of the largest banks in the US. They offer many savings products for their customers and one of their popular ones is the CD. This is because the TD Bank certificate of deposit rates are attractive in the current market. It enables its customers to have a hassle free banking and easy management of funds They offer varying terms, from 91 days to 7 years, according to the requirement of the customers. They provide convenient automatic renewal systems. CD accounts could be opened with a minimum of $250 and minimum balance to be maintained is $250. These CDs are also available as IRAs.
The current CD rates of the TD bank are 0.65% for a term of 9 months on Basic CDs. while the TD CD rate is 0.45% for 6 months and 0.40% for 12 months respectively in the case of No Catch CDs. The step rate CD has all the regular features that are available in other CDs with an added feature where there is an option to do one penalty free withdrawal each year after completion of 1 year of the CD. The interest rate is 1.47% for three years and the step rate is 0.9% for 1 year, 1.24% for 2 years and 2.23% for 3 years respectively. The TD Bank CD rates are 1.8% for 5 years and the step rate option is .75% for 1 year, 1% for 2 years, 1.74% for 3 years , 2.23 % for 4 years 3.20% for 5 years. The TD CD rates for the IRAs are 0.60% for 12 months. Apart from other features an incremental deposit of $500 can be added at any time of deposit.