The TD Rewards Visa Card is a no-fee card from a collection of TD Bank cards that reward consumers for their everyday purchases. As one would expect from a basic credit card, the card has a low entry requirement.
Moreover, it does not have minimum income criteria, making it accessible to a wide range of Canadians, especially students and recent grads.
Like many reward credit cards in Canada, the card have an interest rate of 19.99%. However, you will not be charged interest if you don’t carry a balance each month.
Want to know more about TD Rewards Visa* Card? Check out this review.
TD Rewards Visa Card Key Features
- No annual fee
- Purchase Interest: 19.99%
- Cash Advance Interest: 22.99%
- Free supplementary card
- No minimum income requirement
- Apply here
TD Rewards Visa Card Welcome Offer
Card holders who apply by May 29, 2022, can earn up to 15,152 TD bonus points. This is worth $50 when redeemed online for any Amazon.ca purchase.
To qualify for the points bonus, you have to maintain your account active and open for at least 90 days.
Moreover, new card holders will benefit from a promotional interest rate of 9.99% on new purchases for the first six months. This means you’ll owe less interest if you carry a balance on your card in the first six months.
TD Rewards Visa Card Key Benefits and Features
Despite being a no annual fee card, the TD rewards visa card still offers several valuable benefits, such as:
1. Extended Warranty Protection and Purchase Security
The card offers purchase protection and extended warranty on every item purchased with the card for up to three months if they’re stolen or damaged.
2. Save on rental cars
This card offers a 10% discount on eligible car rentals at participating Avis and Budget locations in Canada and the U.S. And 5% on eligible rentals abroad.
3. Flexible point redemption
There are many ways to redeem your reward points. These include online merchants, gift cards, card statement credits, and shopping on Amazon.ca. That’s not all. You can also use your TD Rewards Points for travel-related expenses such as taxes, and resort expeditions.
Eligibility Requirements for the TD Rewards Visa Card
You must be a Canadian resident and at least 18 years or older to be eligible for the card. There is no minimum income requirement. However, you must have an excellent credit score to qualify.
How to Earn TD Reward Points
The TD Rewards Visa* Card has a flexible reward structure detailed as follows:
It has the most outstanding earning rate when you book travel online through ExpediaForTD.com. You will earn 3 TD Rewards Points for every $1 spent on ExpediaforTD. Also, you’ll earn 2 TD Rewards Points for every $1 spent on groceries, restaurants, fast food, and recurring bill payments. And finally, for every $1 spent on all other purchases, you will earn 1 TD Rewards Point.
The best part is that your TD Rewards Points will never expire if your account remains active and in good standing.
In conclusion
The TD Rewards Visa* Card is one of the most affordable reward credit cards for newbies and individuals with low spending habits. Also, it has an exciting earn rate on everyday purchases, and you can earn even more on travel bookings with ExpediaTD.
So, if you regularly book your online travels through ExpediaTD or you want to get some rewards on your daily spending, you should consider signing up for the card.