TD Money Market Accounts

Written by No Comments Updated: May 10, 2011
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TD Bank only offers one money market account, the Choice Money Market.  They have other savings accounts, but just one actual money market account.

Choice Money Market Account

This money market account has tiered interest rates depending on how much money you have in the account.  The APY starts at 0.10 percent for a balance of at least $0.01.  The APY can reach up to 0.50 percent for an account balance of more than $100,000.  This account has a $1,000 minimum daily balance, and by keeping at least this amount in the account, you will waive the $12 monthly maintenance fee.  The monthly fee is also waived if you are over 62 years old.  There is no minimum deposit required when you open the account.  TD Bank’s Choice Money Market account offers free online statements, the option to write up to six checks a month, and free bill pay.

You can apply for this account at a TD Bank branch, or over the phone by talking to a customer service representative. We have a list on banktruth.org that offer the best rates for money markets if you are looking for a better return on your money.




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