TD Bank vs Bank of America
TD Bank is an east Coast bank with relatively low minimum balance requirements. How does it compare to Bank of America? Read our comparison chart below.
TD Bank has over 1,100 locations on the East Coast. Known as "America's most convenient bank," it offers extended banking hours and 24/7 customer service by phone. Monthly service fees can be waived with somewhat low minimum balance requirements.
While Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
Compare TD Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings and reviews.
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| Learn More | Learn More | |
TD Bank | Bank of America | |
|---|---|---|
Student Checking Account - $100 Bonus - | Bank of America® Business Advantage Banking - $400 or $750 Cash Bonus Offer | |
Benefits and Features | ||
| Savings | 0.02% APY. No minimum deposit. $5.00 monthly fee waived if 1) minimum $300 balance or 2) waived for the first 12 months if with recurring transfer of $25 or more from a TD Bank account or if you're under 18 or 62 and older. | Bank of America Advantage Savings Standard Rate: 0.01% APY |
| CD | up to 3.49% APY (up to 3.51% for Relationship APY). Terms of 3 to 60 months. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account). |
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| Checking | TD Complete Checking, TD Beyond Checking, TD Essential Banking |  |
| Mobile App | ||
| ATMs | 2,600 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida | |
| Customer Service | 24/7 Live Customer Service (Telephone) |
|
| IRA CD | up to 3.49% APY (up to 3.51% for Promotional APY. Terms of 3 months to 5 years. Minimum deposit of $250. Additional contributions and penalty-free withdrawal available (depending on account). | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| CD |  | |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
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| Bottom Line | East Coast bank with relatively low minimum balance requirements... | |
| Learn More | Learn More | |
TD Bank: Pricing information from published website as of 04/28/2026 based on 08034 zip code. Bank of America: Pricing information from published website as of 05/26/2026 based on 91107 zip code. | ||
Which is Better: TD Bank or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing TD Bank or Chase.
Articles on TD Bank
TD Bank
TD Bank offers extended customer hours and easy online banking. Are these perks worth it? Find out what makes TD Bank a great choice for you and some reasons to look elsewhere.
TD Beyond Checking Bonus
TD Bank is offering $300 to open a Beyond Checking account. Find out how to earn the bonus.
TD Bank Hours
TD Bank is open 7 days a week, depending on the location. Here's when you can visit a branch near you.
TD Open Account
Open your TD Bank account with ease. All details in this comprehensive guide. Don't miss the bonus.
TD Routing Number
Find your TD Bank routing number by state. Get the correct number with and without a check.
Articles on Bank of America
Bank of America Review
Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.
Bank of America Problems
Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.
Bank of America CD Rates
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
How to Close a Bank of America Account
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America Hours
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Bank of America Routing Number
Find your Bank of America routing number and learn about money transfers in our guide.
Which Do You Think is Best?
Which Bank Account is Right for You?
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