TD Bank credit cards pros and cons
Pros
- Variety of card options. TD offers credit cards for most needs, including personal, business, travel, or credit building.
- Welcome bonus. A majority of credit cards offer a signup bonus.
- No annual fee. Most cards don’t charge an annual fee.
Cons
- Lack of transparency. TD doesn’t state the minimum credit requirements. However, you can reasonably assume that your credit score needs to be at least good for most cards.
How to Choose the Right TD Bank Credit Card?
Sometimes, choosing the right credit card from a specific credit card company is quite hard. Considering TD Bank, there are three steps that can make your decision process easier.
First and foremost, you should figure out your credit score. It varies from "Poor” to “Excellent”, and the higher your credit score is, the better TD Bank options of credit cards are available to you.
Secondly, you have to decide on why you want a TD Bank credit card and determine the most important features your potential credit card should have. If you search for a credit card to improve your credit score, then look for those with long grace period and no annual fee. If your aim is to save money on interest, TD Bank credit cards with the lowest interest and long intro offer are your option. If you need a credit card that will provide you cash, points, or miles rewards, pay attention to the rewards program offered by TD Bank.
As a third step, try tocompare the TD Bank offers you think are the best for you, but now considering all the features. Overall, the best credit card fits the following characteristics: near-zero interest rate, long grace period, no fees, extended credit limit, and large rewards and sign-up bonuses. You can easily compare TD Bank credit cards in the table below.
Side-by-Side Comparison of TD Bank Credit Cards
| Card Name
| APR
| Annual fee
| Rewards
| Intro offer
|
|---|
| Target Circle™️
| 28.95% Variable
| $0
| 5% Cash Back on purchases at Target and Target.com. | No current offer. |
| Nordstrom Visa®
| 24.15% - 31.15% Variable
| $0
| 3x Points per dollar spent at Nordstrom (Nordstrom, Nordstrom Rack, Hautelook, Nordstrom Trunk club).1x Point per dollar everywhere else Visa® credit cards are accepted. | $40 Bonus note which you can spend at Nordstrom the day you are approved. |
| TD Cash℠ Secured
| 27.24% Variable
| $29
| 1% Cash Back on all eligible purchases. | No current offer. |
| TD Double Up℠
| 19.24% - 29.24% Variable
| $0
| 2% Earn up to 2% Cash Back (1% Cash Back on purchases, plus 1% Cash Back when you redeem into an eligible TD Bank Deposit Account). | $200 Cash Back in the form of a statement credit when you spend $1,500 within the first 90 days after account opening. |
| Business Solutions
| 18.24% - 28.24% Variable
| $0
| 1% Cash Back on purchases. | 250% Cash Back in the form of a statement credit when you spend $1,500 within the first 90 days after account opening. |
| Cash℠
| 19.24% - 29.24% Variable
| $0
| 3% Cash Back on dining (including takeout and delivery).2% Cash Back at grocery stores.1% Cash Back on other purchases. | $200 Cash Back when you spend $1,000 within 90 days after account opening. |
| First Class℠ Visa Signature®
| 17.49% Variable
| $89
| 3x First Class miles on travel and dining purchases, including flights, hotels, car rentals, cruises and dining.1x First Class miles on all other purchases. | 25,000x Bonus miles (equals a $250 statement credit) when you spend $3,000 within the first 6 billing cycles. |
| Aeroplan® Visa Infinite
| 20.99%
| $139
| 1.5x Points for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card.1x Point for every $1 spent on all other Purchases made with your Card. | 25,000x Aeroplan points when you spend $5,000 within 180 days of Account opening.15,000x Aeroplan points when you spend $7,500 within 12 months of Account opening.10,000x Aeroplan points when you make your first purchase with your new card. |
Conclusion
TD Bank provides a range of credit cards with numerous options, yet it’s better to find the best one for you.
FAQ
What stores use TD Retail Card Services?
TD Bank issues a number of store cards such as Target and Nordstrom.
