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High-Yield Savings Account Comparison

Axos Bank vs. TD Bank

Axos Bank's Axos ONE Savings pays 4.21% APY while TD Bank's TD Signature Savings pays 2.50% APY.

See how they compare on rate stability, mobile app ratings, and more below.

Analysis by Aviel Fahl
Newest reading September 14, 2026

The Bottom Line

Who pays more interest on $10,000? Axos Bank pays $420 more than TD Bank annually ($421 vs $1).

Choose Axos Bank if getting the best rate matters most. Choose TD Bank if you value in-person banking.

Important Considerations

Confirmed:

Both Axos ONE Savings and TD Signature Savings pay their top rate only if you also open a checking account at the same institution.

Comparison of Axos Bank vs TD Bank savings accounts
Metric

Axos Bank

Axos ONE Savings

Sep 14, 2026

TD Bank

TD Signature Savings

Sep 14, 2026
APY3.50% - 4.21%0.01% - 2.50%
Earns in a year
$5,000+$211
$10,000+$421
$25,000+$1,053
$5,000+$1
$10,000+$1
$25,000+$3
Min. Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. The stated APY is available when you link an eligible TD account and have a minimum balance of $100,000.
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingStable Rate
FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessChecking Bundle

Looking for Simplicity?

Don't want a checking bundle? We track many savings and money market accounts that pay competitive rates without checking requirements.

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Comparison Analysis

Comparing Axos Bank vs. TD Bank

Newest reading:

Executive Summary

The real return at July 2026 CPI of 3.36% shows Axos Bank at 0.9 points and TD Bank at -3.3 points. Axos Bank paid 2.77% on average on savings and money market deposits. Its savings account offers 4.21%. TD Bank, on the other hand, paid 1.46% on average on savings and money market deposits. Its savings account offers 0.05% at a minimum balance of $10,000, while at $25,000, the rate remains the same.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why Axos Bank?

  • Access to 95,000 fee-free ATMs
  • Higher potential APY (3.50%-4.21% vs 2.50%) on all balances
  • Higher rated Android app (4.6 vs 4.2)
  • Offers 3 different high-yield savings options

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)

Key Feature Differences

Better Returns at $10,000
Axos Bank

Axos Bank's Axos ONE Savings earns more on smaller deposits (approx. $421 vs $1/yr).

Better Returns at $25,000
Axos Bank

Axos Bank's Axos ONE Savings pulls ahead with larger amounts (approx. $1053 vs $3/yr).

Better for Simplicity
Axos Bank

Axos Bank's Summit Savings offers 3.75% APY with no bundling, direct deposit requirement or caps.

Requires Banking Relationship

Axos ONE Savings and TD Signature Savings both require a checking account bundle to pay their highest rates.

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, Axos Bank's Axos ONE Savings pays $420 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 BankAxos Bank
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Axos Bank

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TD Bank

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Top Market Contenders

SoFi Bank
4.00% APY
Capital One
3.50% APY
EverBank
3.90% APY

Axos Bank vs. TD Bank Savings Calculator

Calculations based on current APY for Axos ONE Savings and TD Signature Savings
$
$

You earn $416 more with Axos Bank than TD Bank on a $10,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

Axos Bank

Axos ONE Savings

4.21% APY
Tiered rates: 4.21% ($0 - $249,999.99), 3.50% ($250,000+)

Savings Breakdown

  • Interest Earned
    +$421.00(4.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,421.00

Effective APY
4.21%

TD Bank

TD Signature Savings

2.50% APY

Higher APY requires $100,000

Tiered rates: 0.01% ($0.01 - $9,999.99), 0.05% ($10,000+)

Savings Breakdown

  • Interest Earned
    +$5.00(0.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,005.00

Effective APY
0.05%

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

FeatureAxos BankTD Bank
APY
4.21%
Range: 3.50% - 4.21%
Observed: 9/14/2026
Stable over 90 days
2.50%
Range: 0.01% - 2.50%
Observed: 9/14/2026
Stable over 90 days
Product NameAxos ONE SavingsTD Signature Savings
Minimum Deposit$0$0
Min. Balance for APY$0$100,000
Monthly Fee$0$10. Waived under some circumstances.
Compound FrequencyDailyMonthly
In-Branch AccessNoYes
Account Type
Online Only
Online & Branches
Physical Branches3 (CA, NV, UT)1,051 (CT, DC, DE, FL, MA, MD, ME, NC (+8 more))
Direct Deposit Req.NoneNone
Checking Bundle Yes Yes
Mobile Apps
iOS4.7
Android4.6
iOS4.8
Android4.2
FDIC or NCUA Insured
Zelle® Support
Not Supported
Not Supported
BBB RatingA+Not Rated
Important NotesThe APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. The stated APY is available when you link an eligible TD account and have a minimum balance of $100,000.
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What each bank pays on deposits

An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.

Axos Bank

2.77%
Q2 2026 ·
4.21% APY
As observed Sep 14, 2026

The two figures answer different questions, so they sit side by side and are not combined. The 4.21% applies to balances up to $249,999.99. A larger balance earns 3.50% on the whole amount.

In Q2 2026, Axos Bank paid a higher average rate on savings and money market deposits than 91% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.

3.15%
Q2 2026 ·
$24.8B
Total deposits
Q2 2026
15.7%
Q2 2026

What Axos Bank actually pays

Each figure is that bank's own charter-level average across its whole deposit book, so the two are shown one after the other and are not a ranking.

TD Bank

1.46%
Q2 2026 ·
Up to2.50% APY
As observed Sep 14, 2026

The two figures answer different questions, so they sit side by side and are not combined. The 2.50% needs a balance of at least $10,000. Below that, the account advertises 0.01%.

In Q2 2026, TD Bank paid a higher average rate on savings and money market deposits than 50% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.

1.90%
Q2 2026 ·
$277.7B
Total deposits
Q2 2026
21.0%
Q2 2026

What TD Bank actually pays

How to read these figures

What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.

The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.

What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.

Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.

What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.

What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.

What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.

Definitions: · · · ·

Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the 3,938 banks that reported a figure for the quarter ending June 30, 2026.

CD rates, term by term

Axos Bank has no CD listed on Banksparency. TD Bank lists 9 CD terms, from 3 to 60 months. Its highest rate is 3.51% APY on the 9-month CD. Each row below is one term, with the FDIC national average for that term beside it.

TermTD Bank FDIC average (Aug 2026)
12 months3.25% APY$250 minimum1.71%
3 months2.00% APY$250 minimum1.14%
6 months2.00% APY$250 minimum1.41%
9 months3.51% APY$250 minimum
10 months2.00% APY$250 minimum
18 months2.75% APY$250 minimum
24 months2.50% APY$250 minimum1.57%
36 months2.00% APY$250 minimum1.34%
60 months2.00% APY$250 minimum1.36%

Axos Bank: no CD listed on Banksparency.

FDIC national averages

Compare Savings Rates Over Time

Historical Performance

Last 7 Months Analysis
MetricAxos Bank
Axos ONE Savings
Current APY
4.21%
Trend
Stable
Speed of change
0.00
Days Since Change
208
7-Month High
4.21%
7-Month Low
4.21%
Changes per month
0.00
Steadiness
0.000
How to read these metrics(Click to expand)

Trends and speed

  • Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
  • Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
  • Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 220-day window.
  • Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
  • Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.

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