What you get

An everyday savings account with a low monthly fee that can be waivedplus lots of other perks to help you reach your savings goals.

  • Drop the monthly maintenance fee
    All it takes is a $25 recurring transfer from your linked TD Bank checking account1 to waive the fee for the first year. Then, just keep a $300 minimum balance to waive the $5 monthly fee
  • Free for young and senior savers
    Enjoy no monthly maintenance fee and no minimum daily balance requirements ever if you're 18 or under/62 or older
  • Free automatic transfers
    Kick-start your savings with transfers from other accounts
  • Earn interest
    Your savings earn interest to help you toward your goals
  • TD Overdraft Relief2
    Enroll in Savings Overdraft Protection3 to automatically transfer cash from your linked savings account to cover an overdrawn checking balance

Standard Rate

Build your savings with interest.


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Current APY*

What you pay

You're never too young to save – see how to start

TD Simple Savings can help get you started:

  • If you're 18 or younger
    The monthly maintenance fee is always waived
  • With an eligible linked TD checking account
    Link a TD Simple Savings account to a TD Beyond Checking or TD Complete Checking account and we'll waive the monthly maintenance fee for TD Simple Savings5

Get the most from your new account

Open account

View the TD Simple Savings Account Guide.

*Annual Percentage Yield (APY) is accurate as of and subject to change after the account is opened. Fees may reduce earnings on the account. Aggregate balances over $25 million are subject to negotiated interest rates.

1For the first 12 months, waived each month you have a linked eligible TD Bank checking account and a recurring transfer of $25 or more from a TD Bank checking account. See the Personal Deposit Account Agreement for more details.

2Overdraft Services do not apply to TD Essential Banking Accounts. We may decline or return transactions that would result in an overdraft. Transactions that you make may cause your Account to overdraw but we will not assess your TD Essential Banking Account an overdraft fee or return item fee. For example, preauthorized transactions and other transactions may post to your Account even when the balance in your Account is not sufficient to pay the transaction.

3Savings Overdraft Protection transfer initiation is automated at end of the Business Day when the pending and posted transactions result in an overdraw balance. You may still be assessed an Overdraft fee ($35 max of $105 per day per account) if the transfer could not be made such as; if there is not enough money in the linked Savings or Money Market account to cover the overdrawn balance or if you manually transfer the money after overdrawing your account and your transfer is insufficient to cover the overdrawn balance.

4TD Bank Mobile Deposit is available to Customers with an active checking, savings or money market account and using a supported, internet-enabled iOS or Android device with a camera. Other restrictions may apply. Please refer to the Mobile Deposit Addendum.

5Monthly Maintenance Fee is waived for primary account holders ages 17 through 23. Upon the primary account holder's 24th birthday the account will be subject to the monthly maintenance fee unless the $100 minimum daily balance is maintained.

6TD Complete Checking monthly maintenance fee can be waived with one of the following: Have $500 or more in direct deposits within a statement cycle; OR maintain a minimum daily balance of $500; OR have a $5,000 minimum daily combined balance across all personal deposit accounts that you choose to link; OR if the primary account owner is aged 17 – 23.

TD Bank received the highest score in the Southeast region of the J.D. Power 2019 U.S. Retail Banking Satisfaction Study of customers’ satisfaction with their own retail bank. Visit jdpower.com

TD Simple Savings

The fastest way to open an account

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