TD Bank offers savings accounts with varying interest rates and fees

TD Bank offers two savings accounts: the Simple Savings Account and the Signature Savings Account. The Simple Savings has a low interest rate of 0.02% APY, while the Signature Savings can yield up to 3.51% APY, depending on account balance and eligibility for relationship rates. Both accounts have monthly service fees, with the Simple Savings at $5 and the Signature Savings at $15. Fees can be waived by meeting certain balance requirements or linking to other TD Bank products. Online banks generally offer higher interest rates than TD Bank accounts. TD Bank accounts can be opened online or at branches in select states. The bank provides mobile banking features and 24/7 customer support. However, many online banks may provide better savings rates.