One of the products offered by TD bank is money market accounts. This is ideal for anyone looking to earn a reasonable amount of money by way of interest and at the same time, have the flexibility to withdraw money as and when needed without attracting penalty. In other words, it comes with liquidity, flexibility and interest. Another advantage is that the interest rates are tiered and so, the more you save, the more interest you earn.

These money market accounts come with access to online and mobile banking that will make it easier to stay on top of your finances. There is no minimum amount required to open an account and customers are eligible to write up to six checks a month without any additional cost. Free bill pay and online statements are a part of the account and customers can enjoy it when they open one. However, there is a $12 monthly maintenance fee associated with this account and this amount is waived if you meet the minimum daily requirement of $1,000 or if you are above 62 years of age. The current TD money market rates are 0.05% APY for a balance of up to $10,000. The TD Bank money market rates are 0.15% APY for a balance of up to $25,000 and 0.30% APY for a balance of up to $100,000. The TD interest rates are 0.40% APY if you have a balance of $100,000 or more. These competitive TD bank rates as well as the convenient features that come with it make it perfect for anyone looking to earn interest without compromising on the liquidity.

This entry was posted on Monday, January 23rd, 2012 at 9:58 pm and is filed under TD Bank Money Market Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.