TD Bank
TD FlexPay Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | Not applicable |
| Rewards Rate | Not applicable |
| Intro APR | 0% introductory APR on balance transfers for the first 18 billing cycles, for balance transfers made within the first 90 days of account opening. After that, 17.49%, 19.49%, 22.49%, 25.49% or 27.49% variable APR based on your creditworthiness. |
| Regular APR | Annual Percentage Rate (APR) for Purchases: 17.49%, 19.49%, 22.49%, 25.49% or 27.49% variable APR based on your creditworthiness. After that, 17.49%, 19.49%, 22.49%, 25.49% or 27.49% variable APR based on your creditworthiness. APR for Cash Advances: 28.74% variable APR |
| Other Fees | Balance Transfer Fee: Intro fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within the first 90 days of account opening. After that: Either $5 or 5% of the amount of each transfer,whichever is greater. Minimum Interest Charge: $1 Cash Advance Fee: $10 or 5% of advance whichever amount is greater Foreign Transaction Fee: 3% of each transaction in U.S. dollars Late Payment: Up to $40 Return Payment: Up to $40 |
| Network | Visa |
About this card
The TD FlexPay Credit Card is primarily a balance transfer card with limited ongoing value. Its strengths include the 0% introductory APR on balance transfers and no annual fee. However, the high regular APR, foreign transaction fees, and limited rewards program significantly detract from its overall appeal. The card is best suited for individuals looking to transfer a balance and pay it off within the introductory period, but it's not a great option for everyday spending or long-term use due to the potential for high interest charges. Given these factors, an overall rating of 2.6 is appropriate.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Cell phone protection
- Late fee forgiveness
Things to consider
- High regular APR
- No rewards
- No sign-up bonus
- Foreign transaction fees apply
- High balance transfer fee
What this card offers
Other features
- Visa benefits Get Visa benefits like cell phone protection when you pay your monthly mobile bill with your card1
- Late fee forgiveness We'll automatically refund your first late fee each year. Please note, past due payments may impact your credit score.
- Digital Wallet Add your TD cards to your mobile device to simplify your online, in-store and in-app purchases
- Visa Zero Liability2 Enjoy Visa security on purchases, plus protection against unauthorized charges
- Contactless Payments Learn more about the convenience and security of contactless payments
Additional Notes
Late fee forgiveness does not change your monthly payment requirement. Past due payments will be reported to credit bureaus subject to applicable law and standard practices. This may affect your credit score. For more information, see Terms and Conditions. Read important Credit Card Terms and Conditions for details about rates, fees, balance transfer rules.If you take advantage of a 0% introductory or promotional Annual Percentage Rate (APR) balance transfer offer and then you use your Account to make new purchases, you can avoid paying interest on those new Purchases if you pay each month by the payment due date the “Payment to Avoid Purchase Interest” amount shown within the ‘Payment Information’ box on your Account Statement.