TD Bank offers two distinct CD products in 2026: standard CDs paying 0.05%–1.00% APY and Choice Promotional CDs that can reach 4.00%–4.50%+ APY when the offer is active. The difference is significant — which is why knowing which product is available when you open matters more than the bank’s name on the door.
Rates shown are estimates and have not been independently re-verified live as of September 2026 — they change frequently. Verify current rates directly with TD Bank before opening an account.
TD Bank Standard CD Rates (Estimated — Confirm Current Rates)
| Term | Standard Rate (Approximate APY) |
|---|---|
| 3 months | 0.05%–0.10% |
| 6 months | 0.10%–0.25% |
| 12 months | 0.25%–1.00% |
| 18 months | 0.25%–1.00% |
| 2 years | 0.25%–0.75% |
| 3 years | 0.25%–0.75% |
| 5 years | 0.25%–0.75% |
Note: TD Bank is available primarily on the US East Coast (Maine to Florida) and a few other markets. Rates and specific products may vary by location.
TD Bank Choice Promotional CDs
TD Bank’s promotional CD offers — marketed as “Choice Promotional CDs” — periodically appear with rates far above the standard schedule:
| Feature | Detail |
|---|---|
| Typical terms | 7, 9, 14, 25 months (non-standard) |
| Promotional APY | 4.00%–4.50%+ when available |
| Minimum deposit | $250–$5,000 (varies by offer) |
| New money required | Often yes — check offer details |
| Auto-renewal | Renews at standard rate if no action taken |
| Grace period | 10 calendar days |
These offers appear on TD Bank’s website under “CD Special Rates” or can be inquired about in-branch.
What $10,000 Earns at TD Bank vs. Online Banks
| TD Standard CD | TD Choice Promotional | Online Bank | |
|---|---|---|---|
| APY | ~0.50% | ~4.25% | ~4.65% |
| Interest on $10,000 (12 months) | $50 | $425 | $465 |
| FDIC insured | Yes | Yes | Yes |
At standard rates, a TD Bank CD earns about $50/year less than an online bank CD on $10,000. On $50,000, that gap is $2,075 per year.
TD Bank’s Low Minimum Deposit
One genuine advantage: TD Bank’s $250 minimum deposit for standard CDs is lower than Chase ($1,000), Wells Fargo ($2,500), and Bank of America ($1,000). If you’re working with a smaller amount, TD Bank offers more access than many traditional peers.
For amounts under $250, consider a high-yield savings account — most top online banks have no minimum and pay similar rates to the best CDs.
The Renewal Risk
Choice Promotional CDs auto-renew at TD Bank’s standard rate when they mature, not at the promotional rate. The 10-day grace period is easy to miss. If you open a promotional TD Bank CD:
- Set a calendar alert 30 days before maturity
- During the grace period, compare TD Bank’s current offers to Ally, Marcus, and Discover
- If TD Bank doesn’t have a competitive promotional offer at renewal, transfer to an online bank
Related Articles
- Best CD Rates of 2026
- Promotional CD Rates 2026
- 1-Year CD Rates 2026
- Ally Bank CD Rates 2026
- What to Do When Your CD Matures
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