TD Money Market Rates
TD Bank offers three types of TD money market interest rates in three different money market account types. These TD Bank account types are: a standard money market account, a Premier, and an Ultra. We here at Bank Rates Info, as we look at all things TD Bank rates related, had to see what these money market savings plans offer. We will also look at the high-yield TD savings account rates available.
The Regular accounts for TD money market interest rates yields 0.35% annual percentage yield (APY) at a flat rate, regardless of deposit or account balance. This account has a $500 minimum deposit and a $1,000 minimum to avoid fees. It allows six transfers per month with 3 maximum checks drawn against the account without fees.
The Premier account TD money market interest rates are on two tiers. At up to $99,999 balance, the TD interest rates are 0.50% APY and at $100,000 or above, the APY is 0.75%. This account requires a $25,000 minimum balance, but is otherwise as above.
The Ultra account TD money market interest rates are in several tiers. This TD Bank account pays out 0.25% APY for deposits under $9,999 (minimum $1,000), 0.75% APY for above that to $24,999, 1.25% for $25,000-$99,999, and 2.0% APY for all balances above that. Otherwise, limitations are as above. This account also requires an attached TD Bank account (checking) with a $10,000 minimum balance.
For anyone interested in a solid investment to round out a portfolio, money markets are always a good option. TD interest rates are competitive and worth looking at. For those wanting the increased flexibility of TD savings account rates, the Premier Savings account offers TD interest rates similar to the money market account of the same name.
