TD Growth™ Savings Account

Earn a Boosted Savings Rate for eligible accounts with balances over $5,000¹

• Earn a Boosted savings rate for eligible accounts with balances over $5,000¹
• Interest a higher rate of interest the more you save
• No monthly account fee
• Unlimited transfers to your TD deposit accounts ($5 charge for other transactions)

¹ TD Growth Savings Account Boosted Rate (Terms and Conditions)

TD Growth Savings Account customers can earn the Boosted Rate instead of the Standard Posted Rate on balances of $5,000 or more with an eligible TD Chequing Account and by completing at least two of three Qualifying Monthly Transactions from an eligible TD Chequing Account each month.

TD Growth Savings Account customers can become eligible in the current month to earn and receive the Boosted Rate on balances of $5,000 or more in the following month.

Step 1: Have an eligible TD Chequing Account

Eligible TD Chequing Accounts include:

• TD Unlimited Chequing Account
• TD All-Inclusive Banking Plan
• TD Wealth Private Banking Chequing Account

Step 2: Complete two out of three Qualifying Monthly Transactions

Two of the three Qualifying Monthly Transactions must be completed from an eligible TD Chequing Account by the last day of the current month, to earn and receive the Boosted Rate on balances of $5,000 or more in the TD Growth Savings Account in the following month.

The Qualifying Monthly Transactions can be completed from one or more eligible TD Chequing Account(s) and at least one account holder must be the same as an account holder of the TD Growth Savings Account.

Qualifying Monthly Transactions include:

• Direct Deposit from an employer, pension provider or the Government.
• Pre-Authorized Debit payment.
• Online Bill Payment through TD EasyWeb or the TD app.

Whether or not a recurring Direct Deposit is acceptable is subject to our approval.

The Boosted Rate is applied instead of the Standard Posted Rate on balances of $5,000 or more with an eligible TD Chequing Account and by completing at least two of three Qualifying Monthly Transactions from an eligible TD Chequing Account each month.

The Boosted Rate is applied to balances of $5,000 or more in the TD Growth Savings Account and paid on the last business day of the following month from when the customer becomes eligible. The TD Growth Savings Account must remain open the entire month including the last business day to receive the Boosted Rate.

Joint Accounts

For any TD Growth Savings Account that is a joint account, at least one account holder on the TD Growth Savings Account must be the same as an account holder of an eligible TD Chequing Account(s) and complete at least two of three Qualifying Monthly Transactions.

The Boosted Rate is calculated in the same way as the Standard Posted Rate.

The terms of the Boosted Rate Eligibility may be changed, extended, or withdrawn at any time.

² For more information on Interest, see How Our Interest is calculated.

³ For more information about transactions and a complete list of account fees and other service fees, see About our Account and Related Services.

⁴ 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.​

⁵ 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. 

⁶ 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.