TD Bank vs Regions Bank
TD Bank is an east Coast bank with relatively low minimum balance requirements. How does it compare to Regions Bank? Read our comparison chart below.
TD Bank has over 1,100 locations on the East Coast. Known as "America's most convenient bank," it offers extended banking hours and 24/7 customer service by phone. Monthly service fees can be waived with somewhat low minimum balance requirements.
While Regions Bank has 1,500 branches in 15 states in the South and Midwest. Checking and savings accounts require just $50 to open, with relatively lower requirements to waive fees. The unique Now Banking solution offers prepaid Visa, savings, and check cashing services with no account required.
Compare TD Bank with Regions Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
TD Bank | Regions Bank | |
|---|---|---|
TD $300 Beyond Checking Bonus - | LifeGreen Savings Account – Up to $100 Annual Savings Bonus - | |
Benefits and Features | ||
| Savings | 0.02% APY. No minimum deposit. $5.00 monthly fee waived if 1) minimum $300 balance or 2) waived for the first 12 months if with recurring transfer of $25 or more from a TD Bank account or if you're under 18 or 62 and older. | |
| CD | 1.00% APY (up to 5.00% for Bump Rate APY). Terms of 3 months to 5 years. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account). | 0.01% APY (Up to 5.00% APY for Promotional Relationship) |
| Checking | TD Simple Checking℠, TD Complete Checking, TD Beyond Checking | |
| ATMs | Approximately 700 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida | More than 1900 ATMs in 15 Southern and Midwestern US states. |
| Customer Service | 24/7 Live Customer Service (Telephone) | 24/7 Telephone Customer Service |
| IRA CD | 1.00% APY (up to 5.00% for Bump Rate APY). Terms of 3 months to 5 years. Minimum deposit of $250. Additional contributions and penalty-free withdrawal available (depending on account). |  |
| Locations | More than 1500 branches in 16 Southern and Midwestern US states. | |
CreditDonkey® Reviews | ||
| Savings |   | |
| CD |  | |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | East Coast bank with relatively low minimum balance requirements... | South and Midwest bank with special reward programs... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Bank: Pricing information from published website as of 03/15/2024 based on 08034 zip code. Regions Bank: Pricing information from published website as of 04/11/2024 based on 35203 zip code. | ||
Which is Better: TD Bank or Regions Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing TD Bank or Chase.
In short: TD Bank's checking, mobile app, and customer service are worth mentioning. In particular, the customer service is outstanding. Regions Bank's savings is notable.
Articles on TD Bank
TD Bank Reviews
TD Beyond Checking Bonus
TD Bank Hours
TD Bank Open Account
TD Bank Routing Number
Articles on Regions Bank
Regions Bank Review
Which Do You Think is Best?
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