TD Business Cash Back Visa Card

Welcome Offer

There is no specific welcome offer mentioned for this card.

Summary

This credit card comes with no annual fee, making it an affordable option for managing your expenses. Purchases incur an interest rate of 19.99%, while cash advances are charged a slightly higher rate of 22.99%. Additionally, you can get extra cards for no cost, making it easy to share the benefits with family members.

Rewards

With this credit card, you earn 2% cash back on gas purchases, office supplies, and recurring bill payments, which can help you save on regular business expenses. For all other purchases, you get 0.5% cash back. The cash back you earn is credited to your business account once a year, giving you a nice annual bonus to look forward to.

Benefits

This credit card offers several valuable benefits for businesses. You’ll get access to Visa SavingsEdge, which provides discounts on a range of business purchases, helping you save even more. The card also includes Purchase Security and Extended Warranty Protection, adding an extra layer of safety for your purchases. Managing your expenses is easy with the card’s management tools, which help you track spending and manage credit limits effectively. Plus, this card is made from 90% recycled plastic, making it an eco-friendly choice for your business.

Insurance

• Purchase Security and Extended Warranty Protection.
• Optional Travel Medical Insurance, Trip Cancellation, and Trip Interruption Insurance.
• Optional TD Auto Club Membership.

Editor’s Review

TD Business Cash Back Visa* Card Review

General Overview

The TD Business Cash Back Visa* Card is a no-annual-fee credit card designed specifically for small businesses. It provides an attractive cash-back rewards program and a suite of business-centric benefits, making it a practical choice for business owners aiming to maximize savings and streamline expenses.

Interest Rates

• Purchase APR: 19.99%
• Cash Advance APR: 22.99%

Rewards Program

• 2% Cash Back: Earn on gas purchases, office supplies, and recurring bill payments.
• 0.5% Cash Back: Earn on all other purchases.
• Payout: Cash back is credited annually to your business account.

Fees

• Annual Fee: $0
• Additional Cards: $0

Benefits

• Visa SavingsEdge: Discounts on a variety of business purchases.
• Purchase Security: Protects eligible purchases against loss, theft, or damage.
• Extended Warranty Protection: Extends the manufacturer’s warranty.
• Expense Management Tools: Helps track spending and manage credit limits.
• Eco-Friendly: Card made from 90% recycled plastic.

Insurance Coverage

• Included:
  • Purchase Security
  • Extended Warranty Protection
• Optional:
  • Travel Medical Insurance
  • Trip Cancellation Insurance
  • Trip Interruption Insurance
  • TD Auto Club Membership

Security Features

• Standard Visa security measures, including fraud monitoring and zero liability protection.

Pros and Cons

Pros:

• No annual fee
• Solid cash-back rates on common business expenses
• Eco-friendly card materials
• Comprehensive purchase protection

Cons:

• No introductory welcome bonus
• Cash back credited annually rather than monthly or quarterly
• Higher interest rates on cash advances

Who is this card for?

This card is ideal for small business owners who:

• Want to save on common business expenses such as gas, office supplies, and recurring bills.
• Prefer a no-annual-fee credit card.
• Value eco-friendly products.
• Need tools for managing business expenses efficiently.

Comparison with Similar Cards

Final Verdict

The TD Business Cash Back Visa* Card is a versatile and cost-effective option for small business owners, offering decent cash-back rewards and a suite of valuable benefits without an annual fee. While it lacks a welcome bonus and the annual payout structure might not appeal to everyone, the card’s no-cost additional cards, eco-friendly design, and extensive purchase protections make it a strong contender in the business credit card market.

Overall Score: 8/10

Disclaimer: Refer to the official credit card web page for the latest rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.