TD Bank Savings Rate Audit
A major East Coast bank. Simple Savings pays 0.02% APY. The best high-yield savings accounts pay 4.20% APY — a 4.18% point gap that costs real money every year.
Data as of October 7, 2026
Annual Cost of Staying at TD Bank
| Balance | TD Bank Earns | Best HYSA Earns | You Lose |
|---|---|---|---|
| $10,000 | $2 | $420 | $418/yr |
| $25,000 | $5 | $1,050 | $1,045/yr |
| $50,000 | $10 | $2,100 | $2,090/yr |
| $100,000 | $20 | $4,200 | $4,180/yr |
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Open Rate Gap Calculator →Frequently Asked Questions
What APY does TD Bank pay on savings?
TD Bank currently pays 0.02% APY on standard savings accounts, as of October 6, 2026. This is significantly below the best available high-yield savings rates of 4.20% APY.
How much am I losing at TD Bank?
On a $25,000 balance, the gap between TD Bank (0.02%) and the best HYSA (4.20%) costs you approximately $1,045 per year in foregone interest.