TD Simple Savings

Great for building your savings or if you have a young saver in the family

$300 minimum Daily balance to waive $5 monthly maintenance fee
No fee for first year With recurring transfer of $25¹
Young adult or student? Enjoy a waived monthly maintenance fee

View the TD Simple Savings Account Guide

See what info you need to open an account in this quick video

What you get

An everyday savings account with a low monthly fee that can be waived¹ plus 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

Standard Rate

Build your savings with interest.

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Interest rates to build your savings
Current APY*
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What you pay

Monthly Maintenance Fee

Daily Balance to Waive Fee

$300 or $0 if you are under 18 or over 62

Earns Interest

Yes

ATM Fees

None at TD ATMs

Checks

N/A

Online Statements

Free

Paper Statements

Free

Minimum Opening Deposit

Overdraft Protection

This account can be set up to protect a TD Checking account²

Free with this Account

TD Bank Mobile Deposit³

Additional Benefits

Fee waived for first 12 months with recurring $25 transfers¹

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

Watch a video about how to start saving.

TD Simple Savings can help get you started:

If you're under 18
The monthly maintenance fee is always waived
If you’re a full-time student ages 17 through 23
Link a TD Simple Savings account to your TD Convenience Checking^SM account and we'll waive the monthly maintenance fee for TD Simple Savings⁴

Get the most from your new account

TD Convenience Checking^SM

Get great features with a low minimum daily balance requirement

Find out more

TD Connect Card

Decide where, when and how much you want to spend, load the card and go

Find out more

It pays to save

Learn how small changes can add up to big savings

Find out how

Open account

Online

The fastest way to open an account

In person

Visit a TD Bank near you to set up your account

By phone

Talk to a Banking Specialist 24/7

1-888-751-9000 1-888-751-9000

Important Disclosures

View the TD Simple Savings Account Guide.

*Annual Percentage Yield (APY) is accurate as of Jun 7, 2019 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.

²Please refer to TD Bank Overdraft Protection and Services for information on Savings Overdraft Protection.

³TD 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.

⁴Monthly 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.

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