Credit Cards » Credit Card Reviews » TD Cash Card: 2024 Review
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TD Cash Card: 2024 Review

The TD cash card offer no expiration points that can be redeemed for cash back, electronics, gift cards, and travel rewards.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: March 1, 2024
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: March 1, 2024

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

TD Cash Card

TD Cash Credit Card

Rewards Plan

1% – 3% 3% and 2% Cash Back on your choice of Spend Categories (you can switch your categories quarterly), and 1% Cash Back on all other purchases

Sign up Bonus

$150 $150 Cash Back when you spend $500 within 90 days after account opening

Our Rating

4.1
4.1/5

0% Intro

12 billing cycles on balance transfer

Annual Fee

$0

APR

19.24% – 29.24% variable

TD Cash Card

TD Cash Credit Card

Rewards Plan

1% – 3% 3% and 2% Cash Back on your choice of Spend Categories (you can switch your categories quarterly), and 1% Cash Back on all other purchases

Sign up Bonus

$150 $150 Cash Back when you spend $500 within 90 days after account opening

Our Rating

4.1
4.1/5

PROS

CONS

APR

19.24% - 29.24% variable

Annual Fee

$0

0% Intro

12 billing cycles on balance transfer

Credit Requirements

Good - Excellent

The TD Cash Credit Card is a no-annual-fee cash-back card available exclusively to residents within TD Bank's service area, provides benefits to its customers as well as a lovely cashback rewards model.  

The card offers unlimited 3% and 2% Cash Back on your choice of Spend Categories (you can switch your categories quarterly), and 1% Cash Back on all other purchases.

Redeeming rewards requires a minimum of 2,500 points, with options including statement credits, direct deposits, gift cards, merchandise, and travel. The TD Cash Credit Card comes with additional benefits like cellphone protection, lost luggage reimbursement, extended warranty protection, and purchase security.

New applicants are eligible for sign up bonus of $150 Cash Back when you spend $500 within 90 days after account opening as well as a 0% intro APR for 12 billing cycles on balance transfer (19.24% - 29.24% variable after that).

Despite its attractive features, the card's eligibility is restricted to residents of specific East Coast states. Additionally, the card carries a foreign transaction fee, and doesn't offer travel perks.

What are the default cash-back categories?

Initially, the card defaults to 3% back on dining and 2% at grocery stores.

What are the eligible states for the TD Cash Credit Card?

Residents of Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, or Washington, D.C., are eligible.

Can I change my cash-back categories?

Yes, you can switch your 3% and 2% rewards categories every quarter among options like dining, entertainment, gas, groceries, and travel.

How can I redeem my cash-back rewards?

You can redeem rewards once you accumulate at least 2,500 points, either as a statement credit or a deposit to a TD bank.

What benefits come with the Visa Signature card?

Visa Signature benefits include purchase protection, extended warranty, cellphone protection, concierge service, and special guest status at over 900 hotels worldwide.

Pros & Cons

Let’s take a closer look at the pros and cons of the TD Cash Card – and whether or not it’s suitable for your wallet.

Pros
Cons
Welcome Bonus and Rewards
Foreign Transaction Fee
Customizable Rewards
Limited Availability
Additional Visa Signature Benefits
Redemption Limits
No Annual Fee
0% Intro APR

Card owners enjoy multiple rewards with this card, like the $150 Cash Back when you spend $500 within 90 days after account opening.

There is also the 3% and 2% Cash Back on your choice of Spend Categories (you can switch your categories quarterly), and 1% Cash Back on all other purchases.

Cardholders have the flexibility to choose their top two spending categories, earning unlimited 3% and 2% cash back.

 There is a 0% introductory APR for 12 billing cycles on balance transfer.

This introductory rate may be helpful to clients that wish to make high-end purchases.

There is a 0$ annual fee, which means that clients aren’t obligated to pay yearly fees. Taking into account the multiple rewards and benefits provided for users of this card, the no annual fees is a surprise because most credit card companies use it to regain the cost of rewards and bonuses.

Depending on the credit limit, cardholders receive Visa Signature benefits such as purchase protection, extended warranty, cellphone protection, and concierge service.

On the other hand, you can only redeem a minimum of $25 for general purchases, while travel transactions require a minimum of $150 for hotel bookings and $250 for a round-trip flight. 

Also, card owners are unable to transfer their rewards to other TD cards. This card has a limit for the worth of the points to redeem.

The card is only available to residents of TD Bank's 15-state service area and Washington, D.C., limiting accessibility for potential users.

A 3% foreign transaction fee applies, making the card less favorable for international travel or purchases in foreign currencies.

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Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

How To Apply For TD Cash Credit Card?

Visit the site at td.com and click on ‘Apply Now' to proceed.

Fill in your basic information, including name, phone number, and email. Click ‘Next' to proceed.

TD Cash Card

Now, input your address details and select ‘Next' to proceed.

Fill in your social security number and date of birth, then click ‘Next' to continue with your application.

TD Cash Card

Submit your income details and click ‘Next’ to confirm your information.

Now, you have the option to request transfer balances from other cards by filling in the transfer amount, account number, card issuer, and issuer's address.

TD Cash Card

You can also add authorized users by providing their names and date of births.

Proceed to read the terms and conditions of TD Bank and if you are okay with the rules, click ‘Accept & Continue'.

TD Cash Card

Proceed to read the terms and conditions of TD Bank and if you are okay with the rules, click ‘Accept & Continue'.

TD Cash Card

How It Compared To Other TD Bank Credit Cards?

Among TD Bank's credit card offerings, the TD Cash Credit Card stands out for its cash-back rewards system and flexibility in choosing spending categories. When compared to other TD credit cards, each option caters to different preferences and needs.

The TD Double Up Credit Card, with its 2% unlimited Cash Back – no rotating Spend Categories, no caps or limits on all purchases and a special offer of $100 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening, provides simplicity and a straightforward rewards structure. This might be appealing for those who prefer a consistent cash-back rate without dealing with rotating spending categories.

The TD First Class Visa Signature Credit Card is more travel-oriented, featuring a special offer of $150 Cash Back when you spend $500 within 90 days after account opening and earning $100 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening. While it has an annual fee of $89 (waived first year), it may be a better fit for frequent travelers seeking airline rewards.

The TD FlexPay Credit Card, on the other hand, focuses on balance transfers, offering a 0% intro APR and late fee forgiveness. This card is ideal for individuals looking to manage and consolidate existing credit card debt.

Compare The Alternatives

If you're looking for a cash back credit card – the TD cash card is a decent option. However, if you're not a TD customer, there are some good alternatives:

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Rewards
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1-5% 5% cash back on up to $1,500 in combined purchases on selected categories each quarter and 5% cash back on travel purchased through Chase Ultimate Rewards®. Also, you can earn 3% cash back on dining at restaurants (including takeout and eligible delivery services), drugstore purchases , and 1% on all other purchases
2% (1% when purchase and another 1% upon payment) 2% cash back rewards rate – 1% every time you swipe and another 1% upon payment.
Welcome bonus
10,000 points 10,000 points after you spend $1,000 in purchases on your new card within the first 3 months
$200 $200 bonus after you spend $500 on purchases in the first 3 months from account opening
$200 $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening
Foreign Transaction Fee
2.7%
3%
3%
Purchase APR
17.49% – 28.49% variable
20.24%–28.99% variable
19.24% – 29.24% (Variable)

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Welcome Bonus:
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Welcome Bonus:
$250 $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months
Advertiser Disclosure
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Lorraine Smithills

Lorraine Smithills

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
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Welcome Bonus:
$200 Earn a $200 bonus after you open & fund a Rewards Checking Plus account & make 3 debit card transactions within 60 days. If you previously opened a checking account through Upgrade or do not do so as part of this process, you are not eligible. Payout made within 60 days of meeting the conditions.
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.
Top Offers From Our Partners

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Rewards Plan:
1.5% 1.5% cash back on payments
Welcome Bonus:
$200 Earn a $200 bonus after you open & fund a Rewards Checking Plus account & make 3 debit card transactions within 60 days. If you previously opened a checking account through Upgrade or do not do so as part of this process, you are not eligible. Payout made within 60 days of meeting the conditions.

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Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.