TD Bank vs Varo Bank
TD Bank is an east Coast bank with relatively low minimum balance requirements. How does it compare to Varo Bank? Read our comparison chart below.
TD Bank | Varo Bank | |
|---|---|---|
TD $300 Beyond Checking Bonus - | Online Savings Account - | |
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. | 3.00% APY on all balances. Opportunity to earn 5.00% APY if your daily savings balance does not exceed $5,000 AND you make at least 5 Varo debit card purchases per month AND receive at least $1,000 in direct deposits in either the Varo Bank Account or Savings Account. |
| CD | 1.00% APY (up to 5.00% for Bump Rate APY). Terms of 6 to 18 months. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account). | |
| Checking | TD Complete Checking, TD Beyond Checking, TD Essential Banking | No monthly service fee; no minimum balance; no overdraft fees |
| Monthly Fee | ||
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | 2,600 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida | Over 55,000 fee-free AllPoint ATMs |
| Customer Service | 24/7 Live Customer Service (Telephone) | Mon-Fri 8am - 9pm (ET) and Sat-Sun 11am to 7pm (ET) |
| 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 | ||
CreditDonkey® Reviews | ||
| Savings |   | |
| CD |  | |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| |
| Bottom Line | East Coast bank with relatively low minimum balance requirements... | |
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. Varo Bank: Pricing information from published website as of 11/08/2023. | ||
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.
Articles on TD Bank
TD Bank Reviews
TD Bank offers extended customer hours and easy online banking. Are these perks worth it? Find out what makes TD Bank a great choice for you and some reasons to look elsewhere.
TD Beyond Checking Bonus
TD Bank is offering $300 to open a Beyond Checking account. Find out how to earn the bonus.
TD Bank Hours
TD Bank is open 7 days a week, depending on the location. Here's when you can visit a branch near you.
Open TD Account
Open your TD Bank account with ease. All details in this comprehensive guide. Don't miss the bonus.
TD Bank Routing Number
Find your TD Bank routing number by state. Get the correct number with and without a check.
Which Do You Think is Best?
Compare Varo Bank to:
You might also be interested in
US Bank Savings Account Interest Rate
U.S. Bank offers a beginner-friendly savings account with a low APY. Is it worth it? Read on to find out.
Next Page: TD Bank
