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TD Bank Savings
|TD Bank Savings are offered to both personal and business customers with certain variation in the facilities provided. The personal savings accounts, which are available at flexible rates and fees, can be classified into six types, namely convenience, elite, young saver, club saver, holiday club and health savings account.
There are also several other accounts associated with TD Bank, like TD Ameritrade savings account which provides financial assistance for college education. Moreover, the bank also offers various services like saving bonds, mutual funds, CD (certificates of deposit) with various rate options and many others.
TD Bank Savings Account
As mentioned above TD Bank personal Savings accounts are divided into six types. The elite and convenience are two of them which yield high interest rates. Both are offered with attractive rates and applicable monthly maintenance fees. However the former i.e. elite savings are required to maintain the minimum daily balance of $10,000. In another case, the convenience savings also require a minimum daily balance of $250. In addition, all the saving accounts do not require the initial deposit to open an account and the respective monthly maintenance fees can also be waived off if the customers are able to maintain the required daily minimum balances.
Moreover there is also another add on for the saving account like the overdraft protection which allows the customer to get protection from excessive withdrawal. Additionally, this overdraft protection also allows the customers to link their money market or savings account with the checking account. For more information on overdraft charges and fees, you can log on to the TD Bank website.
On the other hand the business savings account is also available with the certain interest rates. It requires a minimum of $25 as the initial deposits and $500 as the minimum daily balance.
The new TD savings accounts with certain promotion and bonus for both the personal and business customers are also available and this they can apply through the online application provided by the bank. Besides, the existing customers can also log in to their savings account with a valid username and password.
TD Bank Savings Rates
For all types of TD Bank personal saving account, the interest rates are available in various forms with the APY varying from 0.10% to 0.90%. On the other hand the rate for business people is available with APY of 0.50%, provided the conditions mentioned above are met. These rates are subject to change by the authority without any prior notification.
At the same, with the help of savings calculator available on the website, the customer can calculate the amount to start. According to your plan, you can also choose the suitable interest rates and programs offered by the bank from the list available on the following links.
For further detailed information on TD Banknorth Savings, Staten Island, routing number and others, please contact the customer service or refer the bank's FAQs available on their website.