TD Bank
TD Cash Credit Card
Key Features
| Annual Fee | $0.00 |
| Intro APR | 0% intro APR on balance transfers and purchases for the first 15 billing cycles after account opening. |
| Regular APR | After that, 18.49%, 23.49% or 28.49% variable APR based on your creditworthiness. After that, 18.49%, 23.49% or 28.49% variable APR based on your creditworthiness. 28.74% variable APR |
| Other Fees | Intro fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within the introductory offer. After that: Either $5 or 5% of the amount of each transfer, whichever is greater. $1 $10 or 5% of advance whichever amount is greater 3% of each transaction in U.S. dollars Up to $40 Up to $40 |
| Network | Visa |
About this card
The TD Cash Credit Card is a decent cash back card with some appealing features, but also some notable drawbacks. Its strengths include the customizable rewards categories (3% and 2% cash back on chosen categories), a sign-up bonus, and no annual fee. However, the high regular APR, foreign transaction fees, and high balance transfer fee detract from its overall value. The card's reputation is solid within TD Bank's footprint, but it's not a market leader compared to other cash back cards with wider availability and potentially better rewards. The high APR means that users have to be careful about paying off their balances. Overall, it's a good option for existing TD Bank customers who can take advantage of the customizable rewards categories and avoid carrying a balance, but it's not a standout card compared to others in the market. Therefore, the rating is 3.1/5.0.
Pros & Cons
What's great
- Generous sign-up bonus
- Intro APR period
- No annual fee
- Cashback on purchases
- Rotating bonus categories
Things to consider
- High regular APR
- Foreign transaction fees apply
- High balance transfer fee
What this card offers
Sign-up bonuses
- Special offer: Earn $200 Cash Back when you spend $1,000 within the first 90 days after account opening
Rewards
- Choose your top two Spend Categories to earn unlimited 3% and 2% Cash Back
- Earn unlimited 1% Cash Back on all other purchases
- Every quarter, you can choose your 3% and 2% Spend Categories, plus you'll always earn 1% on all other purchases.
- When you open your card, you'll start with 3% Cash Back on Dining, 2% at Grocery stores.
Other features
- Get Visa benefits like cell phone protection when you pay your monthly mobile bill with your card
- Add your TD cards to your mobile device to simplify your online, in-store and in-app purchases
- Enjoy Visa security on purchases, plus protection against unauthorized charges
- Learn more about the convenience and security of contactless payments
Additional Notes
If you have a 0% introductory or promotional APR balance transfer and also use your Account to make Purchases, you can avoid paying interest if you pay the "Payment to Avoid Purchase Interest" amount shown within the 'Payment Information' box on your account statement.