TD Bank offers a number of savings options to its customers, including a number of different bank CDs. TD Bank CDs cafeteria of offerings includes standard CDs, a penalty free withdrawal CD, step up CDs and IRA CDs.

The bank CDs have maturities that start at 91 days or three months and go up to 7 years. The minimum opening deposit amount for the standard CDs is $250.00. The standard CDs come with fairly competitive CD rates on a whole host of different CD terms.

The TD Bank No Catch CD is a CD that offers the option for a penalty free withdrawal. Account holders can make one penalty free withdrawal from the CD per term. There is no monthly maintenance fee with the account and the minimum opening deposit amount is $250.00.

With the TD Bank step up CD the interest rate increases over time at predetermined intervals. The account also allows for one penalty free withdrawal each year within 10 days after the account anniversary date. There is a $250.00 minimum deposit requirement needed to open this CD.

TD Bank is currently marketing an odd term CD with an 11 month maturity. The 11 month CD rate is 0.40%.

TD Bank is also promoting two no catch up CDs, one with a 6 month term and the other with a 12 month term. Both no catch up CDs have CD rates at 0.30%.

For the step up rate CDs, TD Bank is promoting two terms, a 3 year step up rate CD and a 5 year step up rate CD. The annual percentage yield on the 3 year step CD is 0.88% with a start rate at 0.60% followed by an increase to 0.85% in year two and another increase to 1.19% in year three.

The five year step up CD from TD Bank has an annual percentage yield of 1.27% which starts off at 0.80% and then increases to 0.95% for year two followed by an increase to 1.14% in the third years and again to 1.24% for the fourth year and then ends with the final year CD rate of 2.23%.

A sample of some standard bank CD rates offered by TD Bank includes:

TD Bank 91 day CD rate is 0.35%
6 month CD rate 0.30%
20 month CD rate 0.50%
3 year CD rate 0.90%
5 year CD rate 1.75%

All CD rates are current as of this publication date but are subject to change at any time. An early withdrawal penalty may apply to the CD accounts listed.

TD Bank is the 10th largest bank in the nation. The bank operates bank branches in 15 states and the District of Columbia. TD Bank not only offers a broad assortment of bank CDs but also offers a broad array of retail deposit and loans accounts, small business accounts and services as well as commercial banking products.

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