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Effective July 31st 2026: We are making important changes to the TD GrowthTM Savings Account Boosted Rate Terms and Conditions. Click here to learn more.
TD Growth™ Savings Account
Plan Highlights
Boosted Rate Eligibility
Earn the Boosted rate1 on your savings for the next month! Here’s how to qualify:
-
1
Maintain an eligible TD Chequing Account:
- TD Unlimited Chequing Account
- TD All-Inclusive Banking Plan
- TD Wealth Private Banking Chequing Account
-
2
Complete at least 2 out of the 3 Qualifying Monthly Transactions1 on your eligible TD Chequing Account each month:
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June 4, 2026 – Oct 1, 2026
Earn up to $5,000 in Cash with certain deposits.
The up to $5,000 cash offer (the "Cash Offer") is available to TD clients who: a. Are Canadian residents and are the age of majority in their province or territory of residence as of account opening b. Do not have a TD ePremium Savings Account, TD Every Day Savings Account, or TD GrowthTM Savings Account as of June 3rd, 2026 c. Open a new TD Savings Account, either a TD ePremium Savings Account, TD Every Day Savings Account, or TD GrowthTM Savings Account ("New Savings Account") between June 4, 2026 – October 1, 2026; and d. Deposit or transfer a minimum of $10,000 or more directly into the New Savings Account from another financial institution(s) within 30 days of account opening and maintain the balance for 90 days in the account (the "Qualifying Deposit"), subject to the following: i. The Qualifying Deposit must be deposited in the New Savings Account within 30 days of account opening. ii. The Qualifying Deposit must be maintained in the New Savings Account for a minimum of 90 days starting from the 31st day of account opening. iii. If a client withdraws or transfers any part of the Qualifying Deposit during the 90-day period, the amount of the Qualifying Deposit will be subtracted and calculated accordingly. Should this adjustment cause the Qualifying Deposit to fall below the required minimum of $10,000, the customer will be ineligible for the offer. iv. If a client has multiple TD Savings Accounts, funds in the accounts cannot be combined, and the amount of the Qualifying Deposit will instead be based solely on the New Savings Account with the greatest Qualifying Deposit. v. For greater certainty, funds originating from an account held at TD, including, but not limited to, transfers originating from account(s) held at TD and cash withdrawn from another TD account, do not count towards the Qualifying Deposit. The following are not eligible for the Cash Offer: a) Clients who have an existing TD ePremium Savings Account, TD Every Day Savings Account, or TD GrowthTM Savings Account as of June 3, 2026. b) Clients who had a TD ePremium Savings Account, TD Every Day Savings Account, or TD GrowthTM Savings Account that was closed on or after June 4, 2025. c) Clients who open a new TD Unlimited Chequing Account or TD All-Inclusive Banking Plan with a new TD Savings Account between June 4, 2026 and October 1, 2026, as part of the TD New to Bank Offer or New to Canada Banking Package Offer. At the end of the 90-day period, the amount of the Cash Offer (maximum $5,000) will be determined according to the amount of the Qualifying Deposit at that time, based on the following chart:
Qualifying Deposit
|
Cash Offer
|
|
|---|---|---|
$10,000.00 to $24,999.99
|
$200.00
|
|
$25,000.00 to $49,999.99
|
$350.00
|
|
$50,000.00 to $99,999.99
|
$600.00
|
|
$100,000.00 to $249,999.99
|
$1,000.00
|
|
$250,000.00 to $499,999.99
|
$2,500.00
|
|
$500,000.00+
|
$5,000.00
|
Limit of one Cash Offer per eligible account. Limit of one Cash Offer per client. The Cash Offer is limited to a maximum of $5,000.
This Cash Offer cannot be combined with other savings account promotional offers.
For any New Savings Account that is a joint account, at least one account holder must meet the eligibility requirements.
The Cash Offer will be deposited to the New Savings Account where the Qualifying Deposit was deposited, within 12 weeks after all required conditions have been met, provided that the New Savings Account is still open, in good standing, and all conditions continuing to be met at the time of fulfillment.
There may be tax implications associated with the Cash Offer. Clients should consult with their personal tax advisor for more information.
For information about transactions and a complete list of account fees, see About Our Accounts and Related Services. We can change, extend, or withdraw the Cash Offer at any time.
1 TD Growth Savings Account Boosted Rate (Terms and Conditions)
TD Growth Savings Account customers can earn the Boosted Rate instead of the Standard Posted Rate on balances of $5,000 or more with an eligible TD Chequing Account and by completing at least two of three Qualifying Monthly Transactions from an eligible TD Chequing Account each month.
TD Growth Savings Account customers can become eligible in the current month to earn and receive the Boosted Rate on balances of $5,000 or more in the following month.
Step 1: Have an eligible TD Chequing Account
Eligible TD Chequing Accounts include:
- TD Unlimited Chequing Account
- TD All-Inclusive Banking Plan
- TD Wealth Private Banking Chequing Account
Step 2: Complete two out of three Qualifying Monthly Transactions
Two of the three Qualifying Monthly Transactions must be completed from an eligible TD Chequing Account by the last day of the current month, to earn and receive the Boosted Rate on balances of $5,000 or more in the TD Growth Savings Account in the following month.
The Qualifying Monthly Transactions can be completed from one or more eligible TD Chequing Account(s) and at least one account holder must be the same as an account holder of the TD Growth Savings Account.
Qualifying Monthly Transactions include:
- Direct Deposit from an employer, pension provider or the Government.
- Pre-Authorized Debit payment.
- Online Bill Payment through TD EasyWeb or the TD app.
Whether or not a recurring Direct Deposit is acceptable is subject to our approval.
The Boosted Rate is applied instead of the Standard Posted Rate on balances of $5,000 or more with an eligible TD Chequing Account and by completing at least two of three Qualifying Monthly Transactions from an eligible TD Chequing Account each month.
The Boosted Rate is applied to balances of $5,000 or more in the TD Growth Savings Account and paid on the last business day of the following month from when the customer becomes eligible. The TD Growth Savings Account must remain open the entire month including the last business day to receive the Boosted Rate.
Joint Accounts
For any TD Growth Savings Account that is a joint account, at least one account holder on the TD Growth Savings Account must be the same as an account holder of an eligible TD Chequing Account(s) and complete at least two of three Qualifying Monthly Transactions.
The Boosted Rate is calculated in the same way as the Standard Posted Rate.
The terms of the Boosted Rate Eligibility may be changed, extended, or withdrawn at any time.
2 For more information on Interest, see How Our Interest is calculated.
3 For more information about transactions and a complete list of account fees and other service fees, see About our Account and Related Services.
4 No Transaction fees for transfers or pre-authorized transfer services from this account to another TD chequing or savings account, except for transfers by cheque or through Interac e-Transfer® which are treated as Debit transactions.
5 You may pay a fee to the ATM provider, and for foreign currency withdrawals at an ATM outside of Canada you will pay the foreign exchange related fee.
6 Cheques must be drawn on a Canadian financial institution. Cheques payable in Canadian currency must be deposited to an eligible Canadian dollar account and cheques payable in U.S. currency must be deposited to an eligible U.S. dollar account.
|
Daily Closing Balance Tiers |
Boosted Rate1 |
Standard Posted Rate |
|
|---|---|---|---|
|
$0 to $4,999.99 |
0.00% |
0.00% |
|
|
$5,000.00 to $9,999.99 |
0.50% |
0.00% |
|
|
$10,000.00 to $99,999.99 |
1.00% |
0.40% |
|
|
$100,000.00 to $499,999.99 |
1.30% |
0.55% |
|
|
$500,000.00 and over |
1.50% |
0.65% |
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| Daily Closing Balance Tiers | Boosted Rate1 | Standard Posted Rate |
|---|---|---|
| $0 to $4,999.99 | 0.00% | 0.00% |
| $5,000.00 to $9,999.99 | 0.50% | 0.00% |
| $10,000.00 to $99,999.99 | 1.00% | 0.50% |
| $100,000.00 to $499,999.99 | 1.30% | 0.65% |
| Portion of Daily Closing Balance $500,000.00 and over | 1.50% | 0.75% |
1 TD Growth Savings Account Boosted Rate (Terms and Conditions)
TD Growth Savings Account customers can become eligible in the current month to earn and receive the Boosted Rate in the following month on the total daily closing balance each day it is $5,000 or more.
Step 1: Have an eligible TD Chequing Account
Eligible TD Chequing Accounts include:
- TD Unlimited Chequing Account
- TD All-Inclusive Banking Plan
- TD Wealth Private Banking Chequing Account
Step 2: Complete two out of three Qualifying Monthly Transactions
Two of the three Qualifying Monthly Transactions must be completed from an eligible TD Chequing Account by the last day of the current month, to earn and receive the Boosted Rate in the TD Growth Savings Account in the following month.
The Qualifying Monthly Transactions can be completed from one or more eligible TD Chequing Account(s) and at least one account holder must be the same as an account holder of the TD Growth Savings Account.
Qualifying Monthly Transactions include:
- Direct Deposit from an employer, pension provider or the Government.
- Pre-Authorized Debit payment.
- Online Bill Payment through TD EasyWeb or the TD app.
Whether or not a recurring Direct Deposit is acceptable is subject to our approval.
How the Boosted Rate Works
If you meet the eligibility requirements by the end of the current month, in the following month the Boosted Rate is applied instead of the Standard Posted Rate on the total daily closing balance each day it is $5,000 or more in the TD Growth Savings Account. If you do not meet the eligibility requirements, the Standard Posted Rate will apply.
The Boosted Rate is calculated in the same way as the Standard Posted Rate, see How Our Interest is calculated for details.
Fulfillment
Boosted Rate interest is normally paid on the last business day of the following month from when the customer becomes eligible with payment occurring no later than 60 days from that date. The TD Growth Savings Account must remain open and in good standing to receive the Boosted Rate interest.
Additional Terms
- For any TD Growth Savings Account that is a joint account, at least one account holder on the TD Growth Savings Account must be the same as an account holder of an eligible TD Chequing Account(s) and complete at least two of three Qualifying Monthly Transactions.
- TD may change, replace, add, or remove any section of these Terms and Conditions at any time. If required by law, we will notify you of the changes; the notice can be made through any of the following methods: EasyWeb, TD.com, TD App, paper mail, or email.
- TD reserves the right to suspend, limit, withdraw, or reverse the Boosted Rate from account holders who are determined to be ineligible, or are suspected of fraudulent conduct, abusive behaviour, gaming the system, or violation of these Terms and Conditions.
2 For more information on Interest Rates, see How Our Interest is calculated.
3 For more information about transactions and a complete list of account fees and other service fees, see About our Account and Related Services.
4 No Transaction fees for transfers or pre-authorized transfer services from this account to another TD chequing or savings account, except for transfers by cheque or through Interac e-Transfer® which are treated as Debit transactions.
5 You may pay a fee to the ATM provider, and for foreign currency withdrawals at an ATM outside of Canada you will pay the foreign exchange related fee.
6 Cheques must be drawn on a Canadian financial institution. Cheques payable in Canadian currency must be deposited to an eligible Canadian dollar account and cheques payable in U.S. currency must be deposited to an eligible U.S. dollar account.
