TD Growth Savings Account

TD is currently offering up to $5,000 in cash through a shared deposit promotion that runs across eligible TD savings accounts.

Keep in mind that this is a deposit bonus, not a switching bonus. For the TD Growth Savings Account, qualifying involves holding $10,000 or more in new deposits for roughly 90 days, with the payout scaling based on the amount deposited.

The promotion runs until October 1, 2026.

The TD Growth Savings Account uses tiered rates, and the advertised numbers are boosted rates. To unlock the boost, you'll need an eligible TD chequing account plus two of three qualifying monthly activities.

• 0.50% on $5,000 to $10,000 (boosted)
• 1.00% on $10,000 to $100,000 (boosted)
• 1.30% on $100,000 to $500,000 (boosted)
• 1.50% on $500,000 and up (boosted)

Without the boost, standard rates apply instead, ranging from 0% on the lowest tier to 0.65% on balances of $500,000 or more. It's worth noting that balances under $5,000 earn nothing even with the boost.

The TD Growth Savings Account has no monthly fee.

There's no fee to hold the account, so the main consideration is meeting the activity requirements that unlock the boosted rates.

The TD Growth Savings Account is built to reward customers who do their everyday banking with TD.

Its boosted tiered rates only kick in when you pair the account with an eligible TD chequing account and complete two of three qualifying monthly activities. Otherwise, the lower standard rates apply.

The account is also eligible for TD's shared savings deposit promotion, which stacks on top of the regular interest.

Deposits are eligible for CDIC coverage.