Open a TD Bank CD online

You agree to leave your money in an account for a set period of time known as a term. At TD Bank, you'll need a minimum deposit of $250 to get started. You earn a fixed interest rate that's typically higher than the rates offered on standard savings accounts. Plus, that interest compounds. Meaning you earn interest on the money you deposit plus the interest your money earns. When the CD hits maturity, you will receive the original amount you deposited plus the interest accrued. Learn more about how CDs work

When your TD Choice CD matures, it will automatically renew to the same length term at the non-promotional interest rate in effect at the time of renewal. Starting on the date of maturity, you'll have a 10-calendar-day grace period to make changes. If you take action during your grace period, you can renew into a promotional term when your CD matures.

How to make changes: To renew your TD Choice CD, call 1-800-643-5363 or visit a TD Bank. To move your funds into a TD Bank account, add or withdraw funds, visit a TD Bank. Learn more about your TD Choice CD renewal options or download our TD Choice CD renewal FAQs (PDF).

Starting on the date of maturity, you'll have a 10-calendar-day grace period to make changes.

During this grace period, TD Step Rate and TD No-Catch CDs can elect to switch to a TD Choice Promotional CD.

TD Step Rate CDs will automatically renew at maturity to a 12-month TD Choice CD at the non-promotional interest rate in effect at the time of renewal.
TD No-Catch CDs will automatically renew at maturity to another No-Catch CD at the same length term.

To learn about more renewal options – call 1-800-643-5363.

APY stands for Annual Percentage Yield which is the annualized rate of return earned on deposits. Our current CD rates can be seen above. 

To open a TD Certificate of Deposit account, you'll need your: social security number, government-issued ID, source of funds (existing banking information), and phone number (additional information may be required).