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 best credit card from a specific credit card issuer is quite difficult. Considering TD Bank, there are three steps that can help you.
First and foremost, you should check your credit score. It varies from "Poor” to “Excellent”, and the higher your score is, the better TD Bank options of credit cards are available to you.
Secondly, you should decide on why you need a TD Bank credit card and determine the most crucial features your future credit card should have. If you search for a credit card to increase your credit score, look for those with extended grace period and no annual fee. If you want to save money on interest, TD Bank credit cards with the lowest interest and introductory rates are your option. In case you are looking for a credit card with cash, points, or miles rewards, pay attention to the rewards program offered by TD Bank.
As a third step, you should compare the TD Bank credit cards you find the best for you, but taking into consideration all the features. In general, the best credit card meet the following characteristics: near-zero annual percentage rate (APR), long grace period, no fees, extended credit limit, and generous 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 REDcard™
| 26.65% Variable
| $0
| 5% Cash Back on purchases at Target and Target.com. | No current offer. |
Nordstrom Visa®
| 23.15% - 30.15% 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. |
Conclusion
TD Bank provides a wide range of credit cards with different features, yet it’s better to find the one that designed for you.