TD Bank CD rates
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TD Bank offers a variety of different CD terms, which is helpful if you're trying to build a CD ladder or need money back on a specific date. The promotional rates are decent, but the standard rates are not so great.
TD Bank has three types of CDs — Choice Promotional CDs, Step Rate CDs (rates go up over time), and No-Catch CDs (you can withdraw early). Not all of them are available everywhere, so check what's offered in your area.
TD Bank CD rates
Choice Promotional CDs are TD Bank's best rates. They're competitive for a traditional bank with branches, and you only need $250 to open one. These are the CDs worth considering if you're going with TD Bank.
| Account | Term | Relationship Bump Rate | Minimum deposit to earn APY |
|---|---|---|---|
| TD Choice Promotional CD | 3 months | 2.00% APY | $250 |
| TD Choice Promotional CD | 6 months | 3.51% APY | $250 |
| TD Choice Promotional CD | 9 months | 2.00% APY | $250 |
| TD Choice Promotional CD | 10 months | 2.00% APY | $250 |
| TD Choice Promotional CD | 1 year | 3.25% APY | $250 |
| TD Choice Promotional CD | 18 months | 2.75% APY | $250 |
| TD Choice Promotional CD | 2 years | 2.50% APY | $250 |
| TD Choice Promotional CD | 3 years | 2.00% APY | $250 |
| TD Choice Promotional CD | 5 years | 2.00% APY | $250 |
Step Rate CDs start at a low rate that increases slightly each year. You get one penalty-free withdrawal each year on the anniversary of opening the account, which adds some flexibility. But because rates are so low, the rising rate feature doesn't help much.
Step Rate CD rates
| Term | APY | Minimum deposit |
|---|---|---|
| 3 years | 0.15% | $250 |
| 5 years | 0.25% | $250 |
No-Catch CDs let you pull your money out once during the term without penalty. But they pay just 0.05% — you'd earn more in almost any savings account, so these don't make much sense unless you have a very specific reason.
Note: Annual percentage yields (APYs) shown on this page are as of December 23, 2025 and may vary by region for some products.
How TD Bank CD rates compare to top-yielding banks
TD Bank's promotional CDs are fine if you want branch access and already bank with TD. They beat the national average and compete with other big banks. But many online banks pay more.
Compare current CD rates to find the best account for you.
Other savings options at TD Bank
TD Signature Savings can pay competitive rates if you have a large balance and meet their relationship requirements. Standard savings rates are low, but the "bump rate" for bigger balances can be worthwhile.
CD rates are dropping as the Fed keeps cutting rates. If you're planning to open a CD anyway, promotional rates at banks like TD won't last forever.
Just know what you're trading off. TD Bank's convenience and branch access come with lower returns compared to online banks. Compare the best CD rates before you commit, so you know exactly what you're giving up (or gaining).