TD Bank calls itself “America’s Most Convenient Bank.” But sometimes convenience comes at a cost. Despite offering a full suite of banking and borrowing products — including CDs and mortgages — TD charges hefty overdraft fees on some checking accounts, and not all of its savings rates are as competitive as those of other banks.
There are a few reasons you may consider TD Bank — it offers in-person banking and is open on Sundays. But if you’re looking for the best savings and CD rates, you’ll need a checking account to qualify for relationship rates, and even then, most rates are fairly low.
Here’s our take on TD Bank and what to know before opening an account.