TD Bank review 2026: A full-service bank with round-the-clock customer service.

Here’s what you need to know about TD Bank. 

All rates and fees are current as of Nov. 21, 2025, and are subject to change. 

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TD Bank 

Who is TD Bank good for?

TD Bank is best for those who want access to in-person banking and live near a TD Bank branch—again, concentrated on the East Coast, from Maine to Florida. It’s also good for those who frequently travel from Canada to the U.S., as it has cross-border services that make this comparatively easy. 

The checking and savings accounts have monthly fees, but we think the requirements to get them waived are reasonable for most. 

Who shouldn’t use TD Bank? 

If you are looking to earn a high APY with your checking or savings accounts, TD Bank is far from the best option. The interest rates on most accounts are significantly lower than what you can find at many other financial institutions. 

TD Bank is also not great for those who don’t want the hassle of working to jump through monthly hoops (albeit quite easy) to avoid maintenance fees. If that’s you, consider the institutions we highlight for the best free checking accounts instead.  

TD Bank rates and products 

TD Bank has three checking accounts, two savings accounts, and several CD options to choose from. 

TD Bank product	APY
Checking accounts	Up to 0.01% APY
Savings accounts	Up to 3.00% APY
CDs	Up to 3.70% APY

Checking accounts
APY	Up to 0.01% APY
Savings accounts
APY	Up to 3.00% APY
CDs
APY	Up to 3.70% APY

Bank details checked Nov. 21, 2025. 

Checking accounts 

TD Bank offers three checking account options. While TD doesn’t feature any free checking accounts, the fees can be easily skirted in most cases with some simple monthly activities.

TD Complete Checking

• Minimum opening deposit: $0  
• Monthly fee: $15 , waived by having at least one of the following: 
  • $500+ in direct deposits within a statement cycle 
  • $500 minimum daily balance 
  • $5,000 across all linked TD personal deposit accounts 
  • Be aged 17 to 23 
• APY: N/A 
• Overdraft protection: With linked savings account 
• ATM fees: $3 for transfers and withdrawals at a non-TD ATM (waived for ages 17 to 23) 
• Overdraft fee: $35  
• Stop payment request fee: $30  
• Cashier’s check fee: $8  
• Other perks: 
  • Grace period on overdrafts
  • Early direct deposit

TD Beyond Checking

• Minimum opening deposit: $0
• Monthly fee: $25 , waived by having at least one of the following: 
  • $5,000+ in direct deposits within a statement cycle 
  • $2,500 minimum daily balance 
  • $25,000 across qualifying linked TD accounts  
• APY: 0.01% 
• Overdraft protection: With linked savings account. Also benefits from overdraft payback (automatically reverses first two overdraft fees in a calendar year)
• ATM fees: $0 (reimbursed for surcharges incurred by the out-of-network ATM when maintaining a balance of $2,500+) 
• Overdraft fee: $35
• Stop payment request fee: $0
• Cashier’s check fee: $8
• Other perks: 
  • Rate discount on home equity loans 
  • Early direct deposit 

TD Essential Banking

• Minimum opening deposit: $0
• Monthly fee: $4.95 (waived for those aged 13 to 17) 
• APY: N/A 
• Overdraft protection: N/A 
• ATM fees: $3 for transfers and withdrawals at a non-TD ATM (waived for ages 17 to 23) 
• Overdraft fee: $0
• Stop payment request fee: $0
• Cashier’s check fee: $8
• Other unique perks: 
  • Early direct deposit 

Bank details checked Nov. 21, 2025. 

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Savings accounts 

TD Bank offers two savings accounts, both with monthly fees that can be waived with qualifying activities. The interest rates earned on these accounts are largely unimpressive—but the Signature Savings account does offer up to 3.00% APY for relationship accounts of $100,000+. 

Check out our picks for the best high-yield savings accounts if earning interest is a priority for you. 

TD Simple Savings

• Perks: 
  • Free automatic transfers 
  • Enroll in overdraft protection for a TD checking account 
• Minimum opening deposit: $0
• Monthly fee: $5 , waived by any of the following: 
  • Minimum daily balance of $300+ 
  • Linked eligible TD Beyond or TD Complete Checking account 
  • Being under 18 or 62+ years old 
• APY: 0.02% 

TD Signature Savings

• Perks: 
  • Non-TD ATM fees waived when you maintain a balance of $2,500+ 
  • Improved APY when you link an eligible TD account 
  • Free incoming wire transfers, cashier’s checks, money orders, and stop payments 
• Minimum opening deposit: $0
• Monthly fee: $15 , waived if you do at least one of the following: 
  • Maintain a daily balance of $10,000+ 
  • Link your account to an eligible TD Beyond or TD Complete Checking account 
• APY: 0.01%–3.00% (depending on your account balance) 

Bank details checked Nov. 21, 2025. 

Certificates of deposit 

TD Bank offers a variety of CDs with terms ranging between three months and five years. Interest rates vary by term length and whether you have other accounts with TD (you’ll earn a higher rate if you have a relationship with the bank, in most cases). 

TD’s “Choice CD Rates” are the most generous, offering up to 4.00% APY as of this writing. You can also open “Step Rate” CDs, which come with APY that increases incrementally throughout your term, and “No Catch” CDs that allow you to access your money one time before your account matures without sustaining early withdrawal penalties. 

TD also issues IRA CDs, with similar terms and varying return rates.

TD Bank Choice CD rates 

CD Term	APY
3 months	3.70%
6 months	3.51%
9 months	2.00%
10 months	2.00%
12 months	3.00%
18 months	2.75%
24 months	2.50%
36 months	2.00%
60 months	2.00%

3 months
APY	3.70%
6 months
APY	3.51%
9 months
APY	2.00%
10 months
APY	2.00%
12 months
APY	3.00%
18 months
APY	2.75%
24 months
APY	2.50%
36 months
APY	2.00%
60 months
APY	2.00%

Bank details checked Nov. 21, 2025. 

TD No-Catch CD rates

CD Term	APY
6 months	0.05%
12 months	0.05%

6 months
APY	0.05%
12 months
APY	0.05%

Bank details checked Nov. 21, 2025.

TD Step Rate CD rates 

CD Term	APY
3 years	– Year 1: 0.05% – Year 2: 0.10% – Year 3: 0.15%
5 years	– Year 1: 0.05% – Year 2: 0.10% – Year 3: 0.15% – Year 4: 0.20% – Year 5: 0.25%

3 years
APY	– Year 1: 0.05% – Year 2: 0.10% – Year 3: 0.15%
5 years
APY	– Year 1: 0.05% – Year 2: 0.10% – Year 3: 0.15% – Year 4: 0.20% – Year 5: 0.25%

Bank details checked Nov. 21, 2025. 

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Other services TD Bank offers  

As a full-service bank, TD also offers several other products, including: 

• Credit cards: TD offers multiple credit cards for both personal and business purposes. Whether you want to earn cash back, take advantage of a low intro APR period, or build credit, there’s probably a card suited to your goals. 
• Home lending: TD offers both mortgages and home equity lines of credit. 
• Personal loans: You may be able to get a personal loan of up to $50,000 with repayment terms between three and five years.  
• Small business accounts: TD offers several accounts and services for small businesses, including checking, savings, and loans.  

Online banking 

You can access your account via TD Bank’s website or mobile app. Once enrolled, you can log in for services such as Zelle and bill pay. You can also check your balance and transactions, view statements, and communicate securely with customer service.  

The TD Bank platform and customer support 

You can contact TD Bank in a variety of ways. General customer service is available 24/7 by phone at 888-751-9000. TD also has a few self-help options, including a help center with articles, an AI chatbot, and a special QR code via the TD app that will put you in touch with an agent. 

The TD app is available for both Apple and Android and has similar features to the website. You can also use mobile deposit and receive real-time notifications on your phone. 

Is TD Bank secure? 

TD Bank uses up-to-date methods to protect your personal information, including firewalls, constant system monitoring, and employee security training. It also uses two-step verification for passwords, security alerts, and an optional feature called “VoicePrint.”  

VoicePrint records your voice and creates a digital signature that works in the background to verify your voice if you call customer service. 

TD Bank user reviews 

Online reviews of financial institutions often lean (heavily) negative. That’s because customers tend to write reviews out of frustration. It’s not often that a perfectly successful experience motivates someone to run to the computer and write a review. 

With that in mind, online customer reviews are poor, earning only 1.5 stars on Trustpilot from more than 2,700 reviews. The majority of complaints are with the in-person customer service, saying that reviewers felt tellers they dealt with in-branch were unhelpful or unfriendly.  

Reddit reviews have a slightly rosier outlook on TD, with many users expressing satisfaction with competitive rates, excellent fraud detection, and a simple mortgage process. 

Compare TD Bank alternatives 

Two household names that are well worth considering are Capital One and Discover, as long as you’re comfortable doing the bulk of your banking online. Note, Capital One acquired Discover in 2025, but the two brands maintain distinct products as of this writing. 

TD Bank	Capital One	Discover
Top savings APY	Top savings APY	Top savings APY
3.00%	3.50%	3.40%
Top checking APY	Top checking APY	Top checking APY
0.01%	0.10%	Not interest bearing (but debit card that earns up to 1% back on purchases)
Top CD APY	Top CD APY	Top CD APY
3.70%	3.90%	3.50%
View offer at MoneyLion	View offer at Bankrate	View offer at Discover

Bank details checked Nov. 21, 2025 

Is TD Bank right for you? 

It’s key to note that TD only offers services to select East Coast states. If you live outside of eligible states, TD’s services aren’t available to you. 

TD Bank is probably great for someone who frequently travels between the U.S. and Canada. Its cross-border banking has several services meant to make visiting or living part-time in either country easy. 

And because its customer service is 24/7, TD Bank is good for those who want to know they have constant help when they need it—even on the weekends. 

Frequently asked questions 

Is TD Bank American or Canadian?

TD Bank is based in Canada but has both Canadian and U.S. accounts. The U.S. accounts are insured by the Federal Deposit Insurance Corp. (FDIC), and the Canadian accounts are insured by the Canada Deposit Insurance Corp. (CDIC).

Are TD Bank and TD Ameritrade the same?

TD Bank and TD Ameritrade are separate companies. Charles Schwab acquired TD Ameritrade in 2020, and Schwab now services all accounts.

What is TD Bank’s customer service phone number and hours?

TD Bank’s customer service phone number is 888-751-9000. Representatives are available 24/7.

How do I open a TD Bank checking account online?

You must live in an eligible East Coast state or district to open a TD checking account. Otherwise, you can use the bank’s website or mobile app to open a checking account.

What states does TD Bank operate in?

TD Bank operates in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington, DC.