TD Bank CD Rates

March 5, 2011

Today at Top CD Rates, we’re going to have a look at the latest in CD rates at TD Bank and find you the top CD interest rates available there. There are several flavors to choose from, so let’s get started.

TD CD rates start with basic accounts. These TD Bank certificate of deposit accounts have only one term: 11 months. For that term, which requires a $250 minimum deposit to open, the TD CD rates are 0.50% annual percentage yield (APY). This is the most basic form of CD at the bank.

No Catch CDs are another offer which also has a very low $250 minimum to open and maintain. These come in two terms, a special 6 month and a 12 month term. The TD Bank CD rates for the 6 month term is 0.35% APY and for 12 months is 0.30% APY. Both allow a penalty-free withdrawal during the term.

Probably the most popular account for TD Bank certificate of deposit offers, though, is the Step Rate CD. These have a 3 or 5 year term in which each successive year gains a higher percentage yield than the last.

The 3 year Step Rate offers TD CD rates of 0.75% APY for the first year, 1.00% APY for the second, and 1.39% APY for the third for an average rate of 1.05% APY for the life of the certificate.

The 5 year Step Rate gives CD rates at TD Bank that start at 0.80% APY, go to 0.95% APY the second year, then 1.14% APY the third, 1.24% APY the fourth, and 2.23% APY the fifth for an average of 1.28% APY over the five year span.

All accounts at TD Bank are FDIC insured.

Posted in TD Bank CD Rates