Td High Interest Savings Account Rating: 8,7/10 2102 votes

Start building your
savings today.

The easy, everyday account
for all ages.

No Monthly Maintenance Fee for the first 12 months each month you have a linked, eligible TD Bank checking account and a recurring transfer of $25 or more from a TD Bank account 1; Monthly.

  • No Monthly Maintenance Fee for the first 12 months each month you have a linked, eligible TD Bank checking account and a recurring transfer of $25 or more from a TD Bank account1
  • Monthly Maintenance Fee also waived if you meet the low minimum daily balance requirement or are age 18 or younger or 62 or older
  • Free automatic transfers make it easy to start saving for your goals
  • Perfect for students - Learn more about our student banking services
  • Young saver? It's never too early to start saving. View video to find out why.
  • Set up Overdraft Protection from your Savings account to protect your TD Bank Checking account
  • Available as an IRA‡ – Monthly Maintenance Fee waived

Learn why starting to save now is a great idea.

Monthly Maintenance Fee
$5 or $4 if you choose online statements only
Waived if you meet the minimum daily balance requirement, are age 18 or younger, 62 or older, or for IRAs

  1. Plan Highlights. High interest rate. Earn interest calculated daily, when your account balance is $10,000 or more. Free online transfers. Enjoy unlimited free online transfers to your other TD deposit accounts 2.
  2. TD High-Interest TFSA Savings Account: This account option is ideal if you regularly make fund transfers between your TD Canada Trust accounts. That’s because all transfers and withdrawals from ATMs are free of cost. However, the interest rates are not as attractive as the rates you might get from other banks.
  3. TD Canada Trust offers you the option of a High Interest TFSA Savings Account or GICs and Term Deposits within a TFSA. Both protect your principal investment and offer predictable returns.
  4. TD Bank’s Simple Savings account offers almost no interest. The bank’s Beyond Savings account, which requires a $250,000 balance to earn the highest rate, pays more than the national average.

Minimum Daily Balance Requirement to Waive Fee
$300
No Monthly Maintenance Fee for the first 12 months each month you have a linked, eligible TD Bank checking account and a recurring transfer of $25 or more from a TD Bank account1

With TD Bank, you get more. See how TD stacks up to other banks.

Td high interest savings account fees

View, download or print account details in an easy-to-read guide.

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Visit a TD Bank to open your account.

1Linked, eligible TD Bank personal checking account required to waive fee. See the Personal Deposit Account Agreement for more details.

Rate

*Annual Percentage Yield (APY) is accurate as of 03/04/21 and subject to change after the account is opened. Fees may reduce earnings on the account. Aggregate balances over $25 million are subject to negotiated interest rates.

‡The information, education and general descriptions contained herein are provided solely for informational and educational purposes. This material is not intended to be viewed or construed as a suggestion for you to take (or refrain from taking) a particular course of action or as the advice of an impartial fiduciary. This information should not be viewed as individual tax, financial or investment advice. Please consult your tax and/or financial adviser for information and advice specific to your individual circumstances.

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TD Canada Trust offers you the option of a High Interest TFSA Savings Account or GICs and Term Deposits within a TFSA. Both protect your principal investment and offer predictable returns.

High Interest TFSA Savings Account

The High Interest TFSA Savings Account puts you in control of your money.

It offers you –

  • A competitive interest rate so you can enjoy tax-free growth in a high-yield registered savings account
  • Steady, predictable returns
  • Flexible access to your money
  • The convenience of Pre-Authorized Transfer Service
  • Eligibility for coverage under the Canada Deposit Insurance Corporation (CDIC)

GICs, Term Deposits and your TFSA

If you’re looking for guaranteed principal and interest in a low-risk investment, then Guaranteed Investment Certificates (GICs) and Term Deposits could be the right fit for your TFSA.

  • You get a solid, secure investment with no surprises
  • Your principal is fully protected, and interest rates are guaranteed1
  • You have the comfort of steady, predictable investment returns
  • You can choose from a full range of terms, as well as innovative features that combine premium rates with investment flexibility
  • Your investments are eligible for coverage under the Canada Deposit Insurance Corporation (CDIC)

Ask about our Market Growth GICs2

  • Returns on Market Growth GICs are linked to changes in leading stock market indices
  • Market Growth GICs provide growth potential while guaranteeing your principal

Td High Interest Savings Account

To open a TD Canada Trust TFSA, simply visit any TD Canada Trust branch, call 1-866-222-3456 or apply online now.


High Interest Money Market Accounts

1 Does not include index-linked deposits such as TD Canada Trust Market Growth GICs.
2 The principal amount of a Market Growth GIC will be repaid at maturity. Changes in the index to which the return on a Market Growth GIC is linked will affect the interest payable on the GIC. Interest is payable only up to a maximum amount set at the time of purchase. No interest will be payable in the event that the index to which the return on the GIC is linked has declined or does not change from its level at the time of purchase. Market Growth GICs are not redeemable prior to maturity. A disclosure statement with complete details of the features of Market Growth GICs is available at any TD Canada Trust branch.