High-Yield Savings Account Comparison

American Express vs. TD Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl

Updated December 10, 2025

American Express

High Yield Savings Account

3.40%

APY

Dec 10, 2025

FDIC InsuredNo MinimumsGreat iOS App

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	Daily
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 27471)
Eligibility	United States
Mobile Ratings	iOS:4.9 Android:3.6
BBB Rating	F(Not BBB Accredited)

Rate Stability

Rate Adjusted

-0.10%

Since 30 days ago

Read Bank Overview

TD Bank

TD Signature Savings

Up to

2.75%

APY

Dec 10, 2025

FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person Access

Range: 0.05% – 2.75%

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$100,000
Maintenance Fee	$10. Waived under some circumstances.
Compound Freq	Monthly
Direct Deposit	Not required
Branch Access	Multiple branches in CT, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA, DC
Deposit Insurance	FDIC Insured(Cert: 33947)
Eligibility	United States
Mobile Ratings	iOS:4.8 Android:4.0
BBB Rating	Not Rated(Not BBB Accredited)

Important Note

This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. 2.75% is available when you link an eligible TD account and have a minimum balance of $100,000. Otherwise 0.05% is the maximum APY.

Rate Stability

Rate Adjusted

-0.25%

Since 90 days ago

Read Bank Overview

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

American Express vs. TD Bank Savings Calculator

Calculations based on current APY for High Yield Savings Account and TD Signature Savings

Initial Deposit

Recurring Deposit

Frequency

Duration

American Express earns $2,021.9 more than TD Bank.

American Express

High Yield Savings Account

3.40% APY

Savings Breakdown

Interest Earned
+$2,050.50(10.2%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,050.50

Effective APY

3.40%

View Details

TD Bank

TD Signature Savings

2.75% APY

Higher APY requires $100,000

Savings Breakdown

Interest Earned
+$28.60(0.2%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$18,028.60

Effective APY

0.05%

View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Comparison Analysis

Comparing American Express vs. TD Bank

Updated: Dec 10, 2025

Why American Express?

✓Higher potential APY (3.40% vs 2.75%) on all balances
✓No checking account or direct deposit required

Why TD Bank?

✓Physical branch access (Multiple branches in CT, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA, DC)
✓Higher rated Android app (4.0 vs 3.6)

— Key Feature Differences —

Better Returns at $10,000

American Express

American Express's High Yield Savings Account earns more on smaller deposits (approx. $340 vs $0/yr).

Better Returns at $25,000

American Express

American Express's High Yield Savings Account pulls ahead with larger amounts (approx. $850 vs $0/yr).

Best for Simplicity

American Express

American Express's High Yield Savings Account offers 3.40% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers

The Bottom Line on APY (Interest Only)

Over a 1-year period, American Express's High Yield Savings Account pays $335 more interest on a $10,000 balance than TD Bank's TD Signature Savings.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

TD BankAmerican Express

Automated Data Audit

Executive Summary

American Express offers a High Yield Savings Account with a competitive APY of 3.40%, providing better returns for both smaller and larger deposits, and requires no minimum balance or direct deposit. In contrast, TD Bank's Signature Savings account has a maximum APY of 2.75%, but this rate is contingent on linking an eligible TD account and maintaining a minimum balance of $100,000, with lower rates available otherwise. While both accounts have no maintenance fees, American Express's offering is online-only and stands out for its simplicity and higher yield.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

ExploreAmerican Express ExploreTD Bank

Stop Losing Interest

See who beats both American Express and TD Bank.

Compare All High-Yield Savings Accounts

Pibank

Pibank Savings

FDIC InsuredNo Minimums

4.60% APY

+1.20% vs American Express

Better Rate

Pibank vs American Express Pibank vs TD Bank

Axos Bank

Axos ONE

FDIC InsuredNo MinimumsGreat iOS AppGreat Android App

4.31% APY

+0.91% vs American Express

Better Rate

Axos Bank vs American Express Axos Bank vs TD Bank

TIMBR

Premium Savings Account

FDIC InsuredLow Minimums

4.40% APY

+1.00% vs American Express

Better Rate

TIMBR vs American Express TIMBR vs TD Bank

Feature	American Express	TD Bank
APY	3.40% Verified: 12/10/2025 ↘︎ 0.10%90d Change	2.75% Range: 0.05% - 2.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change
Product Name	High Yield Savings Account	TD Signature Savings
Minimum Deposit	$0	$0
Min. Balance for APY	$0	$100,000
Monthly Fee	$0	$10. Waived under some circumstances.
Branch Access	None	Yes
Account Type	Online Only	Online & Branches
Direct Deposit Req.	None	None
Checking Bundle	No	Yes
Mobile Apps	iOS4.9 Android3.6	iOS4.8 Android4.0
BBB Rating	F	Not Rated
Important Notes	-	This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. 2.75% is available when you link an eligible TD account and have a minimum balance of $100,000. Otherwise 0.05% is the maximum APY.
Next Steps	- View Details	- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis

Metric	American Express	TD Bank
	High Yield Savings Account	TD Signature Savings
Current APYMost recent advertised annual-percentage yield.	3.40%	2.75%
TrendDirection over the last 10 months (regression slope).	Stable	Stable
Velocity (bps/mo)Average monthly change; 10 bps = 0.10 pp.	-3.2	-8.3
Days Since ChangeRecency of the latest APY adjustment.	14	68
10-Month HighHighest APY in the last 315 days.	3.80%	3.70%
10-Month LowLowest APY in the last 315 days.	3.40%	2.75%
Adjustments / MoTypical number of APY moves per month.	0.38	0.38
Volatility ScoreCoefficient of variation (stdev ÷ mean). Lower is more stable.	0.030	0.085

How to read these metrics(Click to expand)

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 315-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

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4.35%

APY

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Comparing against other Bundled Accounts

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Axos BankChecking Bundle

4.31%

APY

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SoFi BankChecking Bundle

4.30%

APY

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Presidential BankChecking Bundle

4.00%

APY

More Comparisons

Compare American Express' APY of 3.40% with other banks

Bank Pair	Competitor APY	Min Deposit
American Express vs Affirm	3.60%	$0
American Express vs Ally Bank	3.30%	$0
American Express vs Axos Bank	4.31%	$0
American Express vs Bank of America	0.01%	$100
American Express vs Barclays	4.00%	$0
American Express vs Bask Bank	3.90%	$0
American Express vs Betterment	3.50%	$10
American Express vs BMO Alto	3.25%	$0
American Express vs Bread Savings	4.10%	$100
American Express vs BrioDirect	4.00%	$5,000
American Express vs Capital One	3.40%	$0
American Express vs Charles Schwab Bank	0.15%	$0
American Express vs Chase Bank	0.01%	$0
American Express vs Chime	3.50%	$0
American Express vs CIT Bank	3.75%	$100
American Express vs Citibank	3.30%	$0
American Express vs Citizens Access™	3.15%	$0.01
American Express vs Climate First Bank	4.21%	$50
American Express vs Discover Bank	3.40%	$0
American Express vs E*TRADE from Morgan Stanley	3.75%	$0
American Express vs Elevault	4.08%	$0
American Express vs EverBank	4.05%	$0
American Express vs Fitness Bank	4.75%	$100
American Express vs FNBO Direct	3.00%	$1
American Express vs Forbright Bank	4.00%	$0
American Express vs FVCbank	3.85%	$500
American Express vs GO2bank	4.50%	$0
American Express vs Ivy Bank	4.25%	$2,500
American Express vs LendingClub	4.20%	$0
American Express vs Marcus by Goldman Sachs	3.65%	$0
American Express vs Neighbors Bank	4.30%	$0
American Express vs Newtek Bank	4.35%	$0.01
American Express vs Openbank	4.20%	$500
American Express vs Peak Bank	4.20%	$100
American Express vs Pibank	4.60%	$0
American Express vs PNC	3.53%	$0
American Express vs Presidential Bank	4.00%	$5,000
American Express vs Quontic Bank	3.75%	$100
American Express vs Salem Five Direct	3.71%	$10
American Express vs Sallie Mae Bank	3.90%	$0
American Express vs Santander Bank	0.01%	$25
American Express vs SoFi Bank	4.30%	$0
American Express vs Synchrony Bank	3.65%	$0
American Express vs TIMBR	4.40%	$1,000
American Express vs UFB Direct	3.71%	$5000
American Express vs Upgrade	3.05%	$0
American Express vs Valley Direct	4.10%	$1,000
American Express vs Varo Bank	5.00%	$0
American Express vs Vio Bank	4.16%	$100
American Express vs Wealthfront	4.15%	$0
American Express vs Wells Fargo	0.05%	$25
American Express vs Zynlo Bank	4.05%	$10

Compare TD Bank's APY of 2.75% with other banks

Bank Pair	Competitor APY	Min Deposit
TD Bank vs Affirm	3.60%	$0
TD Bank vs Ally Bank	3.30%	$0
TD Bank vs Axos Bank	4.31%	$0
TD Bank vs Bank of America	0.01%	$100
TD Bank vs Barclays	4.00%	$0
TD Bank vs Bask Bank	3.90%	$0
TD Bank vs Betterment	3.50%	$10
TD Bank vs BMO Alto	3.25%	$0
TD Bank vs Bread Savings	4.10%	$100
TD Bank vs BrioDirect	4.00%	$5,000
TD Bank vs Capital One	3.40%	$0
TD Bank vs Charles Schwab Bank	0.15%	$0
TD Bank vs Chase Bank	0.01%	$0
TD Bank vs Chime	3.50%	$0
TD Bank vs CIT Bank	3.75%	$100
TD Bank vs Citibank	3.30%	$0
TD Bank vs Citizens Access™	3.15%	$0.01
TD Bank vs Climate First Bank	4.21%	$50
TD Bank vs Discover Bank	3.40%	$0
TD Bank vs E*TRADE from Morgan Stanley	3.75%	$0
TD Bank vs Elevault	4.08%	$0
TD Bank vs EverBank	4.05%	$0
TD Bank vs Fitness Bank	4.75%	$100
TD Bank vs FNBO Direct	3.00%	$1
TD Bank vs Forbright Bank	4.00%	$0
TD Bank vs FVCbank	3.85%	$500
TD Bank vs GO2bank	4.50%	$0
TD Bank vs Ivy Bank	4.25%	$2,500
TD Bank vs LendingClub	4.20%	$0
TD Bank vs Marcus by Goldman Sachs	3.65%	$0
TD Bank vs Neighbors Bank	4.30%	$0
TD Bank vs Newtek Bank	4.35%	$0.01
TD Bank vs Openbank	4.20%	$500
TD Bank vs Peak Bank	4.20%	$100
TD Bank vs Pibank	4.60%	$0
TD Bank vs PNC	3.53%	$0
TD Bank vs Presidential Bank	4.00%	$5,000
TD Bank vs Quontic Bank	3.75%	$100
TD Bank vs Salem Five Direct	3.71%	$10
TD Bank vs Sallie Mae Bank	3.90%	$0
TD Bank vs Santander Bank	0.01%	$25
TD Bank vs SoFi Bank	4.30%	$0
TD Bank vs Synchrony Bank	3.65%	$0
TD Bank vs TIMBR	4.40%	$1,000
TD Bank vs UFB Direct	3.71%	$5000
TD Bank vs Upgrade	3.05%	$0
TD Bank vs Valley Direct	4.10%	$1,000
TD Bank vs Varo Bank	5.00%	$0
TD Bank vs Vio Bank	4.16%	$100
TD Bank vs Wealthfront	4.15%	$0
TD Bank vs Wells Fargo	0.05%	$25
TD Bank vs Zynlo Bank	4.05%	$10