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
  • Save on fees
    Get a $1 discount on the monthly maintenance fee when you choose Online Statements only

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

Monthly Maintenance Fee
$5 or $4 when you choose Online Statements only
$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
$0
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

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 CheckingSM account and we'll waive the monthly maintenance fee for TD Simple Savings4

Get the most from your new account

TD Convenience CheckingSM

Get great features with a low minimum daily balance requirement

TD Connect Card

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

It pays to save

Learn how small changes can add up to big savings

Minimum daily balance to waive monthly maintenance fee

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