TD Cash Back Visa* Card vs TD Low Rate Visa* Card: Which one is better?


td cashback visa card

TD Cash Back Visa* Card

2.7


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

TD Low Rate Visa* Card

TD Low Rate Visa* Card

3.3


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rewards Breakdown

Annual Rewards

$148.67


First Year Bonus Value

$0


Annual Fee

$0


First Year Value

$148.67

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

N/A

Insurance Included

  • extended warranty

    Extended Warranty

    Up to 1 year
  • purchase protection

    Purchase Protection

    90 days

Insurance Included

  • extended warranty

    Extended Warranty

    Doubled Up to 1 year
  • purchase protection

    Purchase Protection

    90 days

Extra Benefits

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car
  • reward cup

    Extra points

    Earn 50% more Stars at participating Starbucks stores

Extra Benefits

  • car rental

    Car Rental Discount

    5% to 10% off base rate of Avis Rent A Car and Budget Rent A Car
  • reward cup

    Extra points

    Earn 50% more Stars at participating Starbucks stores

Interest Rates

Purchase:

19.99%

Cash Advance:

22.99%

Balance Transfer:

22.99%

Interest Rates

Purchase:

12.90%2

Cash Advance:

12.90%2

Balance Transfer:

12.90%2

Annual Fee

$0

Annual Fee

$25

Income Required

Min Personal Income:

$60,000

Min Household Income:

$100,000

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Welcome Bonus

N/A

Welcome Bonus

N/A

Rewards Rate

  • 1% cash back on eligible groceries, gas and recurring bills (maximum $50 cash back for groceries & gas and another $50 for recurring bills)
  • 0.5% cash back on all other eligible credit card purchases

Rewards Rate

  • No rewards
  • No welcome bonus or promotional interest rate
  • Interest changes with prime so you can't setup a fixed amount payment plan

Is this card worth it?

The TD Cash Back Visa Card is a solid no-fee option for individuals looking for a basic, easy-to-use credit card. While its rewards rates aren't the highest, the ability to redeem cash back anytime, coupled with no annual fee and essential insurance coverage, makes it an appealing choice for those with moderate spending who want a straightforward rewards card.

Is this card worth it?

A low-interest credit card in case you want to carry a balance every month. For people who don't have a balance right now but will in the future, the promotional interest rate is a nice benefit of this card.

Pros

  • No annual fee, making it an excellent choice for those who want to earn rewards without paying a fee.
  • 1% cash back on essential categories like gas, groceries, and recurring bills.
  • Flexibility in redeeming cash back: you can redeem whenever you reach $25, rather than waiting for year-end or specific dates.
  • Complimentary extended warranty and purchase protection insurance.

Pros

  • Lower annual interest rate compared to most cards

Cons

  • Only 0.5% cash back on all other purchases, which is lower than some competitors.
  • Limited insurance coverage compared to premium cash back cards.

Cons

  • No rewards
  • Small annual fee

Legal


2 Standard Rate of 24.99% on Purchases or 27.99% on Cash Advances applies if Minimum Payment is not received before or on the payment due date and before we prepare your next monthly statement twice within any 12 consecutive statement periods.

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