SuperMoney
  TD Bank Preferred Savings Account

TD Bank Preferred Savings Account

in Savings Accounts from TD Bank

Claimed

TD Bank Preferred Savings Account

Claimed

in Savings Accounts from TD Bank

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend TD Bank Preferred Savings Account to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Monthly Fee $0 - $15
APY (Annual Percentage Yield) 0.10% - 1%
APY Minimum Balance N/A

TD Bank Preferred Savings Account Review

TD Bank Preferred Savings Account is offered by TD Bank, a bank founded in 1855 and based in Wilmington, DE. TD Bank Preferred Savings Account is available in 15 states (and Washington, DC).

TD Bank Preferred Savings Account FAQ

Are savings accounts from TD Bank federally insured?

Yes, your TD Bank savings 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.

Does TD Bank offer a signup bonus?

TD Bank Preferred Savings Account doesn't offer a signup bonus.

What is the minimum balance for TD Bank Preferred Savings Account?

There is no minimum balance required to open a TD Bank Preferred Savings Account.
TD Bank Preferred Savings Account Account Minimums
Description
APY Minimum Balance N/A
Minimum Initial Deposit N/A
Minimum Combined Balance to Avoid Monthly Fee N/A
Minimum Required Balance N/A
Minimum Direct Deposit to Avoid Monthly Fee N/A
Minimum Balance to Avoid Monthly Fee $20,000

What APY does TD Bank offer?

TD Bank Preferred Savings Account offers an APY starting at 0.10% and ranging up to 1% (APY stands for annual percentage yield, rates may change).

What features and perks does TD Bank Preferred Savings Account offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks. Typically there is a limit to how much you can claim for these costs, so check the fine print if you plan to make multiple withdrawals within one month.
  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - TD Bank Preferred Savings Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • TD Bank Preferred Savings Account Features
    Description
    Bank Account Features
    • ATM Reimbursement
    • Automatic Savings
    • Bauer Financial A+/A Rating
    • Branch Access
    • Check Images with Statement
    • Fraud Monitoring
    • Interest Bearing Account
    • Mobile Banking
    • Mobile Check Deposit
    • No ATM Fees
    • No Monthly Maintenance Fee

What fees does TD Bank Preferred Savings Account charge?

TD Bank Preferred Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fee if you have a minimum daily balance of $20,000.

  • Outgoing domestic bank transfers come with a $25 fee.
  • Outoing international bank transfers come with a $40 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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.

Availability

  Available in 15 states and Washington, D.C.
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Maine
  • Maryland
  • Massachusetts
  • New Hampshire
  • New Jersey
  • New York
  • North Carolina
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Vermont
  • Virginia

Feature Breakdown

Minimum Balance to Avoid Monthly Fee $20,000
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Monthly Fee $0 - $15
Returned Deposit Fee (Domestic) $15
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Outgoing) $40
Bank Account Features
  • ATM Reimbursement
  • Automatic Savings
  • Bauer Financial A+/A Rating
  • Branch Access
  • Check Images with Statement
  • Fraud Monitoring
  • Interest Bearing Account
  • Mobile Banking
  • Mobile Check Deposit
  • No ATM Fees
  • No Monthly Maintenance Fee
APY (Annual Percentage Yield) 0.10% - 1%

Be the first to rate

 

Would you recommend TD Bank Preferred Savings Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Savings Accounts

Nationwide My Savings
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

1 Reviews

TD Bank Savings Accounts

Loading...