High-Yield Savings Account Comparison

TD Bank vs. Wells Fargo

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

Analysis by Aviel Fahl

Updated December 10, 2025

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

Wells Fargo

Platinum Savings

0.05%

APY

Dec 10, 2025

FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person Access

Show Fine Print & Trends

Min. Deposit	$25
Min. Balance	$1,000,000
Maintenance Fee	$12. Waived with $3,500 minimum daily balance.
Compound Freq	Daily
Direct Deposit	Not required
Branch Access	Wells Fargo offers branches and ATMs in 36 states and Washington, D.C.
Deposit Insurance	FDIC Insured(Cert: 3511)
Eligibility	United States
Mobile Ratings	iOS:4.9 Android:4.8
BBB Rating	D-(Not BBB Accredited)

Important Note

This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.

Rate Stability

Rate Adjusted

-2.46%

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

TD Bank vs. Wells Fargo Savings Calculator

Calculations based on current APY for TD Signature Savings and Platinum Savings

Initial Deposit

Recurring Deposit

Frequency

Duration

Both accounts earn exactly the same amount.

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

Wells Fargo

Platinum Savings

0.05% APY

Higher APY requires $1,000,000

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 TD Bank vs. Wells Fargo

Updated: Dec 10, 2025

Why TD Bank?

✓Higher potential APY (2.75% vs 0.01%-0.05%) (requires checking bundle)

Why Wells Fargo?

✓Higher rated Android app (4.8 vs 4.0)
✓Offers 2 different high-yield savings options

— Key Feature Differences —

Requires Banking Relationship

Both banks require a checking account bundle to access their highest rates.

Shared Benefits

Available Nationwide Available to New & Existing Customers

Automated Data Audit

Executive Summary

TD Bank offers the TD Signature Savings account with a competitive APY of 2.75%, available when linked to an eligible TD account and maintaining a minimum balance of $100,000. In contrast, Wells Fargo's highest APY is only 0.05% with their Platinum Savings account, which requires a $1,000,000 balance and a linked Wells Fargo Premier checking account for the same rate. Both banks do not require direct deposits, and while TD Bank's account has a maintenance fee of $10 (waived under certain conditions), Wells Fargo's accounts have fees of $5 and $12, also waivable under specific circumstances. Overall, TD Bank's offering significantly outperforms Wells Fargo's options.

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.

ExploreTD Bank ExploreWells Fargo

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See who beats both TD Bank and Wells Fargo.

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Pibank

Pibank Savings

FDIC InsuredNo Minimums

4.60% APY

+1.85% vs TD Bank

Better Rate

Pibank vs TD Bank Pibank vs Wells Fargo

Axos Bank

Axos ONE

FDIC InsuredNo MinimumsGreat iOS AppGreat Android App

4.31% APY

+1.56% vs TD Bank

Better Rate

Axos Bank vs TD Bank Axos Bank vs Wells Fargo

TIMBR

Premium Savings Account

FDIC InsuredLow Minimums

4.40% APY

+1.65% vs TD Bank

Better Rate

TIMBR vs TD Bank TIMBR vs Wells Fargo

Feature	TD Bank	Wells Fargo
APY	2.75% Range: 0.05% - 2.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change	0.05% Range: 0.05% - 0.05% Verified: 12/10/2025 ↘︎ 2.46%90d Change
Product Name	TD Signature Savings	Platinum Savings
Minimum Deposit	$0	$25
Min. Balance for APY	$100,000	$1,000,000
Monthly Fee	$10. Waived under some circumstances.	$12. Waived with $3,500 minimum daily balance.
Branch Access	Yes	Yes
Account Type	Online & Branches	Online & Branches
Direct Deposit Req.	None	None
Checking Bundle	Yes	Yes
Mobile Apps	iOS4.8 Android4.0	iOS4.9 Android4.8
BBB Rating	Not Rated	D-
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.	This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.
Next Steps	- View Details	- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 5 Months Analysis

Metric	TD Bank	Wells Fargo
	TD Signature Savings	Platinum Savings	Way2Save Savings
Current APYMost recent advertised annual-percentage yield.	2.75%	0.05%	0.01%
TrendDirection over the last 5 months (regression slope).	Stable	Stable	Stable
Velocity (bps/mo)Average monthly change; 10 bps = 0.10 pp.	-7.4	-71.0	-0.0
Days Since ChangeRecency of the latest APY adjustment.	68	54	149
5-Month HighHighest APY in the last 149 days.	3.00%	2.51%	0.01%
5-Month LowLowest APY in the last 149 days.	2.75%	0.05%	0.01%
Adjustments / MoTypical number of APY moves per month.	0.20	0.60	0.00
Volatility ScoreCoefficient of variation (stdev ÷ mean). Lower is more stable.	0.044	0.876	0.000

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 149-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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Compare Wells Fargo vs...

Comparing against other Bundled Accounts

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Axos BankChecking Bundle

4.31%

APY

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4.30%

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4.00%

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More Comparisons

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 American Express	3.40%	$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 Zynlo Bank	4.05%	$10

Compare Wells Fargo's APY of 0.05% with other banks

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