When your TD Bank CD matures—you have options.
As your Certiicate of Deposit approaches the end of its term, you may be wondering what
happens when it matures. TD Bank will notify you up to 2 months prior to your CD’s maturity
date. This gives you time to explore your options and decide what makes the most sense for
you and your savings goals.
We can help you feel prepared once it’s time to renew.
What happens when my CD matures?
There is a 10-calendar-day grace period beginning on the date of maturity where you can
make changes without being assessed a fee.
1
During that time, you have a few options. Here’s what you need to know:
1. Choose to update or renew your CD
• If you would like to deposit or withdraw money before renewal or close your CD
during the grace period, you must visit a TD Bank location in person.
• To simply renew your CD or switch to a new term, call us at 18006435363 or visit
your nearest TD Bank location.
Example: If your CD is set to mature on January 1, you would have until
January 10 to make changes.
Explore your options Store Phone Online/Mobile
Renew CD at same term
Renew CD at dierent term
Add/withdraw funds & renew CD
Close CD & withdraw funds
Shop CD Rates
Schedule an appointment
Where can I ind TD Bank’s posted CD rates?
Current rates can be found at TDBank.com. Keep in mind, it’s important that you review
rates during your 10-day grace period as posted rates can change daily. Following the
grace period, the interest rate and Annual Percentage Yield are ixed for the term of the CD
and may only be changed at maturity.
3
Where can I ind my current CD rate and term?
Log in to your account using Online Banking or the TD Bank app and select your CD. Your
rate and term are viewable under the account details. During the 10-day grace period, the
updated rate and term following auto-renewal will be shown .
Unlock a special relationship rate with a TD Checking account. Earn even more with a
relationship rate when you have an eligible TD Bank Checking account.
4
You can also check out our other savings options to choose the account that’s right for you.
1
At maturity, Customers will have 10 calendar days, beginning on the date of maturity, to deposit additional funds or withdraw funds without penalty. During this grace period, Customers can also
choose to renew their CD to the current term or select a different term. Customers are required to contact TD Bank with any requested changes. If a Customer withdraws funds or closes a CD before the
maturity date, it is considered an early withdrawal and may be subject to a penalty. Please refer to the Personal Deposit Account Agreement for information on early withdrawal penalties.
2
TD Choice Promotional CDs and IRA CDs will automatically renew at maturity to the same term at the non-promotional TD Choice CD or IRA CD interest rate and Annual Percentage Yield in effect at the
time of renewal unless we notify you otherwise. To view both relationship and standard rates please visit us here and navigate directly below the featured rate table to ‘learn more’.
3
The Annual Percentage Yield (APY) for the account assumes that interest will remain on deposit until maturity; any withdrawals will reduce earnings. Interest is accrued on all deposits as of the day the
CD is opened on a daily basis, and is compounded monthly on the cycle date. The daily balance method is used to calculate interest on the account and is credited monthly to your CD.
4
To qualify for the relationship rate, customers must own an eligible TD Bank personal checking account in good standing at the time of CD account opening or renewal. See the Personal Deposit Account
Agreement for more details about eligibility.
Member FDIC, ©2024, TD Bank, N.A. and/or its afliates. All rights reserved. The TD logo and other trademarks are owned by The Toronto Dominion Bank and used under license.
Getting the most out of your CD
Have questions?
Book an in-store meeting at a
TD Bank location near you.
Call us anytime at
18006435363
2. Do nothing—let your CD automatically renew.
• If you do not contact us within the 10-day grace period, your CD will automatically
renew with the existing term to the non-promotional TD Choice interest rate and
Annual Percentage Yield in eect at the time of renewal.
2
Please note, the rate
you receive may not take advantage of the best rates we have available and may
be lower than your current CD rate. To view rates, click here, scroll down to the
paragraph below the rates and tiers table and click ‘Learn more’.
