With a TD Preferred Savings account, it is possible to waive the fees from using out-of-network, or non-TD Bank, ATMs. Chase charges a $2.50 fee for using out-of-network ATMs. When it comes to using out-of-network ATMs, TD charges a $3 fee. Keep in mind that you can waive some of these fees. The TD Preferred Savings account, however, charges a monthly fee of $15 for paper statements, but $14 for online statements. The TD Simple savings account requires $5 for monthly fees, but $4 if you sign up for online statements. The bank fees from TD Bank and Chase differ depending on a number of factors. Remember that CDs also require you to pay a fee if you withdraw your money before the end of your term.Ĭhase offers quite a few different checking accounts, including Chase Total Checking®, Chase Premier Plus Checking, Chase Premier Platinum Checking and two additional student checking accounts (Chase High School Checking and Chase College Checking). These fees are waivable, however.Ĭhase CDs don’t carry a monthly fee but you will need to meet minimum balance requirements. The accounts produce low-earning interest rates and require monthly fees. The two main savings accounts Chase offers includes the Chase Savings and Chase Premier Savings accounts. The TD Simple checking account will cost you a non-waivable monthly fee, but the other accounts’ monthly fees are waivable. TD Bank also offers six main checking account options, including the most basic checking accounts: TD Simple and TD Convenience. The Preferred Savings account, however, allows you to earn at a higher interest rate when you have a higher account balance. Once you open the account you begin earning at a 0.05% APY. It allows you to open the account with any deposit amount. The TD Simple Savings account functions as the bank’s most basic savings account. For savings accounts, TD Bank provides the TD Simple Savings and the TD Preferred Savings accounts. Bonus amounts vary by month, but are generally around $200.īoth TD Bank and Chase offer savings accounts, checking accounts, CDs, IRAs and convenient mobile features, but they offer different interest rates. Another perk with Chase is the sign-up bonuses it offers new users. This allows you to find the nearest physical locations by entering your information. The bank also offers a location finder on its website. It offers around 16,000 ATMs nationwide and with an impressive 5,100 branches across 33 states, Chase ensures that you’ll be able to access your money through more than just its website or mobile app. If low interest rates and somewhat limited branch availability (15 states in the eastern U.S.) aren’t a concern for you, TD Bank’s numerous account options and online features may just be right for you.Ĭhase Bank is one of the biggest banks in the U.S. If getting the highest interest rates is a priority for you, make sure to compare savings accounts before opening an account. Furthermore, if you ever find yourself needing additional assistance for account matters, TD Bank provides a 24/7 customer service line.Īlthough TD Bank excels in multi-platform bank accessibility, you should note that the interest rates on its savings accounts rates aren’t very competitive. If you prefer going to a branch but aren’t sure if there is one near you, you can use the location finder on TD Bank’s website. With the wide range of banking options, you can access your money either at physical locations or online. Many accounts also have no monthly fees or allow you to waive fees if you maintain a certain account balance. One advantage with TD Bank is that accounts typically don’t require a minimum balance to open. It offers a variety of products, including checking and savings accounts, certificates of deposit (CDs) and individual retirement accounts (IRAs). TD Bank offers mobile and online banking features. TD Bank has around 1,300 branches with locations across 15 states and in Washington, D.C. TD Bank and Chase are two large financial institutions that provide an extensive range of products both through online services and numerous branches. If you’re looking to put your hard-earned paycheck into a savings account at TD Bank or Chase, it’s important to first understand what the two banks offer and how they differ. Read on to learn more about how the accounts, fees and rates for each vary.
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