CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†





TD Bank vs Wells Fargo

TD Bank is an east Coast bank with relatively low minimum balance requirements. How does it compare to Wells Fargo? Read our comparison chart below.

TD Bank has 1,300 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 Wells Fargo is one of America's largest banks with over 5,400 locations and 13,000 ATMs. Offers many checking options, including Teen Checking and Opportunity Checking for those who had financial troubles. 24/7 customer service. Special CDs offers high rates with $5,000 minimum opening deposit.

Compare TD Bank with Wells Fargo, side-by-side. Read on for an in-depth look, including ratings and reviews.

 

TD Bank

Wells Fargo

SPECIAL OFFER
TD Bank Beyond Checking Account - $300 Cash Bonus - Learn More

Read TD Bank Review

SPECIAL OFFER
Checking and Savings Account - $650 Bonus - Learn More

Read Wells Fargo Review

 

Benefits and Features

Savings0.05% 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.0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, or are under the age of 18.
CD0.10% - 1.19% APY (up to 1.50% for Rate Bump APY). Terms of 3 months to 5 years. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account).Standard Term CD: 0.05% - 0.35% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Special CD: 1.15% - 1.50% APY. Terms of 9, 29, and 39 months. Minimum deposit of $5,000. Bonus of up to 1.55% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.
Money Market0.03% - 0.30% APY (up to 0.35% for Rate Bump APY) for amounts up to $250,000. No minimum deposit. $11 or $12 monthly maintenance fee waived if 1) minimum $2000 balance or 2) over 62 years old.Also known as the Platinum Savings Account. 0.05% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 0.10% requires account linked to Portfolio by Wells Fargo® relationship.
Customer Service24/7 Live Customer Service (Telephone)Available 24 hours a day, 7 days a week.
ATMsApproximately 1,300 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and FloridaMore than 13,000 ATMs across the country.
IRA CD0.10% - 1.19% APY (up to 1.50% for Rate Bump APY). Terms of 3 months to 5 years. Minimum deposit of $250. Additional contributions and penalty-free withdrawal available (depending on account).Standard Term CD: 0.01% - 0.35% APY. Terms of 1 month to 114 months. Minimum deposit of $1,000. Special CD: 1.15% - 1.50% APY. Terms of 9, 29, and 39 months. Minimum deposit of $2,500. Bonus of up to 1.55% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.
IRA Money Market 0.03% - 0.05% APY. $100 minimum opening deposit.
Locations1300 locations along the east coast.More than 5,400 branches across the country.
 

CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Customer Service
Mobile App
Pros & ConsPros:
  • Extended banking hours
  • Low requirements to waive monthly fees
  • No foreign transaction fees
Cons:
  • No free checking
  • Low APY
  • Only on East Coast
Bottom LineEast Coast bank with relatively low minimum balance requirements... Read full review Read full review

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 10/19/2019 based on 08034 zip code.

Wells Fargo: Pricing information from published website as of 10/19/19 based on 91107 zip code.

Which is Better: TD Bank or Wells Fargo?

Still need help deciding which bank is better? Read the in-depth reviews below. You may also be interested in comparing TD Bank or Chase.


Articles on TD Bank


Articles on Wells Fargo


Which Do You Think is Best?

Name
Email (won't be published)


You Might Also Like

    Webster Bank Review: Account Good for You?

    Webster Bank offers bank accounts for those just starting out as well as those looking for a "premier" bank account. Do their services live up to your needs? Keep reading to find out.

    PNC Bank Review: Is It Good?

    PNC Bank has relatively low requirements to waive fees and offers many financial tools to help you meet savings goals. Read on to see if this East Coast bank is right for you.

Compare TD Bank to:


You might also be interested in

Union Bank Routing Number

What is the routing number for Union Bank? Read on to find out.

Compare Wells Fargo to:


Next Page:

About CreditDonkey®
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.