Compare TD Bank vs. Chase

Chase and TD Bank both offer a suite of accounts but they have key differences, including customer service support, interest rates and product options. Compare these two banks to determine which is the best fit for your banking needs.

What’s in this guide?

• Pros and cons of TD Bank
• Pros and cons of Chase
• Savings accounts
• Checking accounts

• Certificates of deposits
• Other products
• Branches and ATMs
• Special features

Pros and cons of TD Bank vs. Chase

TD Bank

Pros

• Higher interest rates. TD Bank offers higher APYs on its savings accounts, with the basic savings account starting at 0.05%.
• Minimal fees. You can avoid the monthly maintenance fee in one of three ways and its out-of-network ATM fee if you have over $2,500 in your account.
• Customer service. TD Bank is open seven days a week and has 24/7 phone support.

Cons

• Limited availability. TD Bank only has branches in 15 East Coast states and its 1,300 ATMs pale in comparison to Chase‘s 16,000.
• Fewer options. TD Bank offers standard banking and financial products, but it offers fewer options than Chase.

Chase

Pros

• More branches and ATMs. Chase‘s presence in 30 states and its network of over 16,000 ATMs makes it the more accessible option.
• Signup bonuses. Chase offers a variety of signup bonuses throughout the year for each account usually at a higher amount than TD Bank‘s bonus offers.
• More banking products. Chase offers a wider variety of checking and savings accounts, in addition to offering more banking and financial products.

Cons

• Lower APY. Chase‘s base APY is .01% on its savings accounts, though it does offer higher APY options on its CDs.
• ATM fees. If you can’t find one of its ATMs, you’ll have to pay a $2.50 out-of-network fee to Chase, in addition to the ATM’s fee.

TD Bank vs. Chase savings accounts

TD Bank offers tiered savings accounts that earn more interest the more money you have in the account. It’s preferred savings starts at 0.05% and grows from there, while Chase‘s savings account starts at 0.01%.

Winner: TD Bank

TD Bank vs. Chase checking accounts

Both TD Bank and Chase offer student checking accounts and interest-bearing accounts and easy ways to waive the monthly fees. Chase‘s larger presence and large network of ATMs gives it the edge.

Winner: Chase

TD Bank vs. Chase CDs

Both banks offer many CD term options. Although TD Bank offers three different CD products, Chase offers higher APYs on its CDs.

Winner: Chase

TD Bank vs. Chase other products

Both banks offer a wide variety of financial products, but Chase‘s larger presence means it offers more.

TD Bank vs. Chase branches and ATMs

Both TD Bank and Chase offer thousands of ATM locations and customer service phone support seven days a week.

	TD Bank	Chase
Branches	1,300 in 15 states plus 1,150 in Canada	Nearly 4,900 in 30 states plus branches in 60 countries
ATMs	1,300+	16,000+
Customer service	Phone 24/7 Social media Live chat via Facebook	Phone 24/7 Social media Live chat

TD Bank vs. Chase special features

Both banks offer several features that help them stand out from the competition:

TD Bank	Extended banking hours No foreign transaction fees Banks and ATMs are fully accessible
Chase	Strong online and mobile banking, including account balances and history via text Military banking Premier banking and private client options for preferred accounts

Winner:TD Bank

Bottom line

Chase is the largest bank in the country and has a wider presence, but TD Bank has higher interest rates on its savings products. Both banks offer many financial products under one roof and have solid customer service.

Before deciding between these banks, you might want to compare other banks that have higher yield accounts and a larger presence in your region.

Frequently asked questions

• Does TD Bank and Chase offer mobile banking?

  Yes. Both banks offer mobile and online banking, including the ability to deposit checks, pay bills, and send money with Zelle.

• Does TD Bank and Chase offer a rewards program?

  Neither bank has a personal banking rewards program, though they both offer one through their credit cards.

• Can I get signup bonuses as an existing customer?

  No. Most special offers and signup bonuses are only for people who don’t have any accounts at the bank.