TD Cash Back Visa Card
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The TD Cash Back Visa* Card is a no-annual-fee credit card that provides cash-back rewards on everyday purchases. It’s perfect for those who want to earn rewards without the added cost of an annual fee, making it a smart and economical choice for everyday spending.
Welcome Offer
The TD Cash Back Visa* Card is a no-annual-fee credit card that offers cash-back rewards on everyday purchases. It’s an ideal choice for those who want to earn rewards without the burden of an annual fee, providing a straightforward and economical option for everyday spending.
Summary
This credit card is a cost-effective option with no annual fee, making it an affordable choice for managing your finances. It has a 19.99% interest rate on purchases and a 22.99% rate on cash advances. Plus, you can add additional cards for free, allowing you to share the benefits with family members without any extra cost.
Rewards
This credit card offers straightforward cash back rewards to help you save on everyday expenses. You earn 1% cash back on groceries, gas, and recurring bill payments, providing savings on your regular spending. For all other purchases, you get 0.5% cash back. This card is designed to give you consistent rewards across a variety of expenses.
Benefits
This credit card offers several convenient and protective features. With TD Payment Plans, you can spread out payments for purchases over $100, making it easier to manage larger expenses. Enjoy discounts on car rentals with Avis and Budget, and you have the option to purchase a TD Auto Club Membership for added roadside assistance benefits. For peace of mind, the card includes Visa Zero Liability protection and fraud alerts, ensuring your transactions are secure and you’re protected from unauthorized charges.
Insurance
- Purchase Security and Extended Warranty Protection.
Editor’s Review
TD Cash Back Visa* Card Review
General Overview
The TD Cash Back Visa* Card is a no-annual-fee credit card that provides cash-back rewards on everyday purchases. It’s perfect for those who want to earn rewards without the added cost of an annual fee, making it a smart and economical choice for everyday spending.
Interest Rates
- Purchase APR: 19.99%
- Cash Advance APR: 22.99%
Welcome Offer
- No specific welcome offer mentioned.
Rewards Program
- 1% Cash Back: On groceries, gas, and recurring bill payments.
- 0.5% Cash Back: On all other purchases.
Fees
- Annual Fee: $0
- Additional Cards: $0
Benefits
- TD Payment Plans: Spread out payments for purchases over $100.
- Car Rental Discounts: With Avis and Budget.
- TD Auto Club Membership: Optional roadside assistance benefits.
- Visa Zero Liability Protection: Protection from unauthorized charges.
- Fraud Alerts: For enhanced security.
Insurance Coverage
- Purchase Security: Protects eligible purchases against loss, theft, or damage.
- Extended Warranty Protection: Extends the manufacturer’s warranty.
Security Features
- Standard Visa security measures, including fraud monitoring and zero liability protection.
Pros and Cons
Pros:
- No annual fee
- Simple and straightforward cash back rewards
- Additional cards at no extra cost
- Convenient TD Payment Plans for larger purchases
- Car rental discounts and optional roadside assistance
- Robust security features
Cons:
- Lower cash back rates compared to some other cards
- No introductory welcome bonus
- Limited additional benefits
Who is this card for?
This card is ideal for individuals who:
- Prefer a no-annual-fee credit card.
- Want to earn cash back on everyday purchases like groceries, gas, and recurring bills.
- Seek a straightforward rewards structure without complex categories or limits.
- Value additional security features and easy payment plans for larger purchases.
Comparison with Similar Cards
| Feature | TD Cash Back Visa* Card | Tangerine Money-Back Credit Card | CIBC Dividend® Visa Card |
|---|---|---|---|
| Annual Fee | $0 | $0 | $0 |
| Purchase APR | 19.99% | 19.95% | 20.99% |
| Cash Advance APR | 22.99% | 19.95% | 22.99% |
| Rewards | 1% on groceries, gas, recurring bills, 0.5% on other purchases | 2% in chosen categories, 0.5% on other purchases | 1% on groceries, gas, recurring bills, 0.5% on other purchases |
| Welcome Offer | None | Up to 15% cash back on first $1,000 spent | None |
| Car Rental Discounts | Yes | No | No |
Final Verdict
The TD Cash Back Visa* Card is a solid choice for individuals looking for a no-annual-fee credit card with straightforward cash-back rewards. While it lacks a welcome bonus and offers lower cash-back rates compared to some competitors, its simplicity, lack of fees for additional cards, and robust security features make it a reliable and economical option for everyday spending.
Overall Score: 7.5/10
Disclaimer: Refer to the credit card official web page for the latest up to date 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.
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