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How TD Choice CD Renewal Works

As your TD Choice CD approaches the end of its term, you may be wondering what happens when it matures. We're here to help you plan your next step.

What happens when my CD matures?

  1. We'll let you know when it's time to renew
    You'll start to receive renewal notifications up to 2 months prior to your CD's maturity date. Log in to Online Banking or the TD Bank app to see your rate and term under your CD account details

  2. You'll have 10 days to make changes
    Starting on the date of maturity, there is a 10-calendar-day grace period where you can make changes, including renewing your CD, without being assessed a fee.1 Explore our promotional CD rates and terms

  3. At maturity, your CD will auto-renew2
    Your TD Choice CD will automatically renew to the same length term at the non-promotional interest rate in effect on your maturity date if you don't take action during the grace period

What are my choices if I want to make changes?

We can work with you to the renew your CD – check out our promotional rates and terms to find the right fit for your savings goals.

  • Explore our promotional rates and terms

    Call or visit a TD Bank to renew your CD and take advantage of the TD Choice Promotional CD rates and terms available.

    See rates and terms

  • Move your funds to another TD Bank account

    Earn a competitive rate and access your money anytime with a TD Savings account. Visit us in person to learn more.

    Explore accounts

  • Add or withdraw funds

    Visit a TD Bank to add or withdraw funds from your CD. You can also make a partial withdrawal when you visit your local Store.

    Find a TD Bank

Have more questions? Download our CD renewals FAQ (PDF)

How to get a special relationship rate

When you have an eligible TD Checking account, you can unlock a special relationship rate to earn even more with your CD.3 To open a new checking account, visit us or book an appointment at a TD Bank near you.

Book an appointment

Connect with us to make changes to your CD

  • In person

    Visit us to renew your CD, open a savings account, or add or withdraw funds

    Find a TD Bank

  • By phone

    Call us to renew your CD for the same or a different length term

    1-800-643-5363 1-800-643-5363

1At maturity, you will have a ten (10) Calendar Day Grace Period, beginning on the maturity date, to make any changes to your Account, including withdraw funds without penalty, make additional deposits, change your CD term length, or renew your CD. Customers are required to contact TD Bank with any requested changes.

2TD Choice Promotional CDs and IRA CDs will automatically renew at maturity to the same length term at the non-promotional interest rate and APY in effect at the time of renewal, unless we notify you otherwise. You can take action during your grace period to renew your TD Choice or TD Choice Promotional CD into a new TD Choice Promotional CD term.

3If you have an eligible TD Bank Personal Checking Account at the time that you renew your TD Choice CD, your TD Choice CD will earn a Relationship interest rate and APY in effect at the time of renewal. See the Personal Deposit Account Agreement for more details about eligibility.

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