High interest savings accounts are a convenient way to earn interest on investment and it also provides easy access to the money so that you can take them for your needs as and when needed. It is also a safe and secure form of investment where a guaranteed rate of return is available and you can also be assured that your funds are in safe hands. This liquidity combined with the interest-earning capability is what makes savings accounts popular all around the world. Most banks around the world offer this savings account as one of their products and TD Bank is no different. They offer many features to go with this product so that it encourages more and more people to make use of the benefits that come with it.

There are three kinds of high yield savings accounts offered by TD bank and they are convenience savings account, young saver and TD savings account. None of these accounts require a minimum amount to open an account.

The TD Bank savings account rates for the convenience savings account is 0.05% APY for all balances. The TD savings account rates for the young saver account is also 0.05% APY for all balances. The TD Bank interest rates for the regular savings account are 0.20% APY for a balance of less than $1,000; 0.30% APY for a balance of $1,000 to $9,999; 0.50% APY for a balance of $10,000 to $24,999; 0.60% APY for a balance of $25,000 to $49,999; 0.65% APY for a balance of $50,000 to $99,999; 0.70% APY for a balance of $100,000 to $499,999 and 0.80% for a balance of $500,000 or more.

This entry was posted on Saturday, November 12th, 2011 at 10:30 pm and is filed under TD Bank Savings Account 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.