Savings account
TD
TD Every Day Savings Account
2.45/5 our rating
Opens TD's website
- Interest rate
- 0.01%
- Interest in a year
- $1
- on $10,000, estimated
- Monthly fee
- $0
Overview
TD's simple savings account: no monthly fee, one free withdrawal a month, and your money easy to reach. It pays almost no interest. It's for TD customers who want savings kept apart from chequing, not for anyone hoping to earn on their balance.
Interest rates
All balances
0.01%
What you could earn in a year
$1
in interest on $10,000 over 12 months
An estimate: it assumes today's rates hold for the year, interest compounds monthly, and any fee that can be waived is waived.
Fees
Account fees
Monthly fee
$0
eStatement
Included
ATM fees
Own network
$0
Canadian ATMs
$2
USA
$3
International
$5
Highlights
- Earn interest on your entire balance
- No monthly account fee
- No minimum balance required
- Includes one free transaction per month ($3 charge thereafter)
- No limit on transfers to TD deposit accounts
Legal
1 No transaction fees for transfers or pre-authorized transfer services from this account to another TD chequing or savings account, except for transfers by cheque or through Interac e-Transfer®, which are treated as Debit Transactions.
2 For more information about transactions and a complete list of account fees, click here for Account and Other Related Service Fees. For information on our general services, please view our General List of Services.
3 You may pay a fee to the ATM provider, and for foreign currency withdrawals at an ATM outside of Canada you will pay the foreign exchange related fee.
4 Cheques must be drawn on a Canadian financial institution. Cheques payable in Canadian currency must be deposited to an eligible Canadian dollar account and cheques payable in U.S. currency must be deposited to an eligible U.S. dollar account.
Interac e-Transfer is a registered trade-mark of Interac Corp. Used under licence.