Minimums to avoid fees:
• $2,500 monthly balance on Premier Checking
• $10,000 balance on High Yield Savings linked accounts
• 0.05% on Premier Checking
• 0.2% to 0.25% on $1,000 to $10,000; 0.35% to 0.55% for $10,000 to $25,000 in High Yield Savings
Why it's a winner: Impressive rewards for customers floating $12,500. Most big banks save their best terms for high-balance customers. Still, TD shines against peers: You pay no out-of-network ATM fees and get unlimited reimbursements for fees from other banks on checking.
There's no foreign transaction fee on debits (up to 3% elsewhere). Savings rates are above average, and you even earn a bit on checking. Plus, branches are open extended hours.
Caveat: Rates on savings depend on region; check the bank's site to see what it is paying near you.
Don't let the shaky economy stress you out. A grand can still improve your career prospects, lower investment risk, make your home safer and more.