Review
TD FlexPay Credit Card Review: Excellent 0% Intro APR for Balance Transfers
Looking to tackle debt? The TD FlexPay Credit Card could be your answer with its 0% intro APR on balance transfers for 18 months. But is it the right fit for your wallet beyond that?
| Annual Fee | $0.00 |
| Regular APR | 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. 28.74% variable APR |
| 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. |
| Rewards Rate | No rewards rate |
| Sign-up Bonus | No signup bonus |
| 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 |
Overview
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Visa benefits
- Late fee forgiveness
Things to consider
- High regular APR
- Foreign transaction fees apply
- Balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
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 rew...