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  TD Growth Money Market

TD Growth Money Market

in Money Market Accounts from TD Bank · Member fdic

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TD Growth Money Market

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in Money Market Accounts from TD Bank · Member FDIC

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Highlights
APY (Annual Percentage Yield) 0.01% - 0.1%
APY Minimum Balance $0.01
Minimum Opening Deposit Starting at $0

TD Growth Money Market Review

TD Growth Money Market is offered by TD Bank, a bank founded in 1855 and based in Wilmington, DE. TD Growth Money Market is available in 50 states (and Washington, DC).

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 0.1%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $0.01.
  • Charges a monthly fee. This account charges a monthly service fee of up to $12, but the fee is waived if you keep a minimum balance of $2,000.
  • No minimum initial deposit. There is no minimum balance required to open an account.
Pros & Cons of TD Growth Money Market
Pros Cons
  • Available in all 50 states.
  • High-interest yield.
  • Does not offer mobile check deposits.
  • Access to physical branches.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not provide a debit card or ATM access to your money.
  • Monthly service charge.
TD Growth Money Market FAQ

Are money market accounts from TD Bank federally insured?

Yes, your TD Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for TD Bank rates?

TD Bank offers an APY starting at 0.01% and ranging up to 0.1% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.

TD Bank Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.01% - 0.1%

What are the fees for TD Growth Money Market?

This account charges a monthly maintenance fee of up to $12. You can avoid this fee by maintaining a balance of $2,000.

TD Bank will charge you a $9 fee if you exceed your maximum number of monthly transactions.

Federal regulations limit the number of withdrawals or transfers you can make from your money market account to six per month.

TD Growth Money Market Fees
Fees Amount
Monthly Fee up to $12
Paper Statement Fee $0
Excess Transaction Fee $9

What is the minimum balance for TD Bank?

No minimum initial deposit. TD Bank does not require a minimum initial deposit to open an account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,000.

Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.

What features and perks does TD Bank offer?

This account includes the following features:

  • Check Writing - TD Bank includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
  • Fraud monitoring - TD Bank monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - TD Bank allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this business card is .

What is the support contact email?

The support contact email for this business credit card is info@td.com.

How to open an account with TD Bank

  • Visit the TD Bank website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From TD Bank

TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S. with deep roots in the community dating back more than 150 years. TD Bank offers a broad array of retail, small business and commercial banking products and services to millions of customers through its extensive network of thousands of convenient locations and ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. TD Bank is headquartered in Cherry Hill, New Jersey.

With TD Growth Money Market, get rewarded for growing your savings each month. As your balance grows, so does your interest rate – helping you to earn more as you save more.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

APY Minimum Balance $0.01
Minimum Balance to Avoid Monthly Fee $2,000
Minimum Opening Deposit Starting at $0
Paper Statement Fee $0
Monthly Fee $0 - $12
Bank Account Features
  • No ATM Fees
  • Free Bill Pay
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Branch Access
  • FDIC Member
  • Check Writing
APY (Annual Percentage Yield) 0.01% - 0.1%
Dividend Compounding Frequency Monthly
Dividend Payout Frequency Monthly

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