TD Bank vs. Wealthfront
TD Bank's TD Signature Savings pays 2.50% APY while Wealthfront's Cash Account pays 3.95% APY.
Note: TD Bank's TD Signature Savings also needs a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Wealthfront pays $345 more than TD Bank annually ($346 vs $1).
Choose TD Bank if you value in-person banking. Choose Wealthfront if getting the best rate matters most, you want a no-strings-attached account, or you're an Android user.
Important Considerations
TD Bank's TD Signature Savings pays its top rate only if you also open a checking account with TD Bank, while Wealthfront's Cash Account stands alone.
| Metric | TD BankTD Signature Savings Sep 5, 2026 | WealthfrontCash Account Sep 5, 2026 |
|---|---|---|
| APY | 0.01% - 2.50% | 3.30% - 3.95% |
Earns in a year | $5,000+$1 $10,000+$1 $25,000+$3 | $5,000+$173 $10,000+$346 $25,000+$866 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | 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. | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessChecking Bundle | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily Compounding |
Comparison Analysis
Comparing TD Bank vs. Wealthfront
Executive Summary
Wealthfront offers a Cash Account with a competitive APY of 3.95%, significantly higher than TD Bank's TD Signature Savings, which has a maximum APY of 2.50. Wealthfront's account is online-only and provides better returns for both small and larger deposits, with no maintenance fees and no direct deposit requirement. In contrast, TD Bank's account requires linking an eligible TD account to achieve the higher APY and has a minimum balance requirement of $100,000. While TD Bank offers a tiered savings account, Wealthfront's simpler structure makes it more appealing for those seeking higher yields without additional conditions.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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)
Why Wealthfront?
- Higher potential APY (3.95% vs 2.50%) on all balances
- No checking account or direct deposit required
- Higher rated Android app (4.9 vs 4.2)
Key Feature Differences
Better Returns at $10,000
WealthfrontWealthfront's Cash Account earns more on smaller deposits (approx. $346 vs $1/yr).
Better Returns at $25,000
WealthfrontWealthfront's Cash Account pulls ahead with larger amounts (approx. $866 vs $3/yr).
Better for Simplicity
WealthfrontWealthfront's Cash Account offers 3.95% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period (factoring in a 3-month promo), Wealthfront's Cash Account pays $345 more interest on a $10,000 balance than TD Bank's TD Signature Savings.
*Wealthfront's calculation includes their 3-month introductory promotional rate and subsequent standard rate.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
TD Bank vs. Wealthfront Savings Calculator
You earn $342.5 more with Wealthfront 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.
TD Bank
TD Signature Savings
Higher APY requires $100,000
Savings Breakdown
- Interest Earned+$5.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,005.00
Wealthfront
Cash Account
Savings Breakdown
- Interest Earned+$347.50(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,347.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | TD Bank | Wealthfront |
|---|---|---|
| APY | 2.50% Range: 0.01% - 2.50% Observed: 9/5/2026 Stable over 90 days | 3.95% Range: 3.30% - 3.95% Observed: 9/5/2026 0.05%90-day change |
| Product Name | TD Signature Savings | Cash Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $100,000 | $0 |
| Monthly Fee | $10. Waived under some circumstances. | $0 |
| Compound Frequency | Monthly | Daily |
| In-Branch Access | Yes | No |
| Account Type | Online & Branches | Online Only |
| Physical Branches | 1,051 (CT, DC, DE, FL, MA, MD, ME, NC (+8 more)) | Not reported |
| Direct Deposit Req. | None | None |
| Checking Bundle | Yes | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | Yes |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | Not Rated | F |
| Important Notes | 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. | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. |
| Next Steps | Visit SiteVerify at TD Bank Non-sponsored link to official site | Visit SiteVerify at Wealthfront Non-sponsored link to official site |
Compare Savings Rates Over Time
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Compare TD Bank's APY of 2.50% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| TD Bank vs Ally Bank | 3.00% | $0 |
| TD Bank vs American Express | 3.00% | $0 |
| TD Bank vs Axos Bank | 4.21% | $0 |
| TD Bank vs Barclays | 3.65% | $0 |
| TD Bank vs Capital One | 3.50% | $0 |
| TD Bank vs Chime | 3.75% | $0 |
| TD Bank vs CIT Bank | 3.75% | $100 |
| TD Bank vs EverBank | 3.90% | $0 |
| TD Bank vs Marcus by Goldman Sachs | 3.40% | $0 |
| TD Bank vs Newtek Bank | 4.20% | $100 |
| TD Bank vs Openbank | 3.80% | $500 |
| TD Bank vs Pibank | 4.10% | $0 |
| TD Bank vs SoFi Bank | 4.00% | $0 |
| TD Bank vs Synchrony Bank | 3.30% | $0 |
| TD Bank vs Varo Bank | 3.75% | $0 |