TD ePremium Savings Account
TD Bank
0.45%
Available on balances up to CA$1,000,000 when opening a new account with a qualifying TD chequing account.
CA$0
CA$10,000
Unlimited free online transfers; $5 fee for non-internal transfers
What sets the TD ePremium Savings Account apart is its focus on larger balances, offering a competitive interest rate of 0.45% for deposits of CA$10,000 or more. This account is ideal for those who maintain significant savings and prefer the convenience of unlimited online transfers.
Pros:
- High interest rate for large balances
- No monthly fees
Cons:
- No interest on balances under CA$10,000
In summary, the TD ePremium Savings Account is an excellent choice for individuals with substantial savings who are looking to earn a competitive interest rate without monthly fees, while also benefiting from the added incentive of a welcome bonus for new deposits. Its features make it particularly suitable for those who value online banking convenience and aim to maximize their savings potential.