TD Cash Credit Card review

TD Cash Credit Card review

Updated: January 20, 2021
Updated: January 20, 2021
Ratings Policy
Cash Back Rating:
3.4 rating
3.4 rating
3.4 / 5
Rewards Value:2.9
Annual Percentage Rate:2.6
Rewards Flexibility:4.2
Issuer Customer Experience3.7

In a Nutshell:

With a large sign-up bonus and a great rewards rate on food purchases, the rewards program on the TD Cash Credit Card offers better-than-average value.

View similar rewards cards

Rewards Rate

  • 3% cash back on dining
  • 2% cash back on groceries
  • 1% cash back on general purchases

Sign-up Bonus

  • $150 if you spend $500 in first 90 days
  • 0% intro APR on purchases for first 6 billing cycles after opening account, 12.99-22.99% after
Very Good

Annual Bonus


Annual Fee


Average Yearly Rewards Value ($1,325 monthly spend)

Very Good

12.99-22.99% (variable)


Rewards Redemption

  • Points don’t expire
  • No limit on how much cash back you can earn
  • Redeem rewards for more than 400 options, including cash back, electronics, gift cards, travel rewards and more


  • Minimum of $25 required to redeem cash back
  • Can’t transfer rewards to other cards

TD Bank Customer Service Ratings

  • J. D. Power 2020 customer satisfaction rating: 802 (40% of issuers in this category ranked higher)
  • 24/7 customer service?: Yes
  • Online chat available?: Yes
  • Google Play Store mobile app rating: 4.5/5
  • Apple Store mobile app rating: 4.8/5
Very Good

Other Notable Features: Free Vantage credit score, car rental insurance, lost baggage insurance, roadside assistance, concierge service, hotel upgrades, extended warranty, purchase security, travel and shopping discounts

CardMatchFind card offers for you: This card is not currently available on, but you can still find a great card offer for you! Our CardMatch tool can help match you with prequalified offers and cards that align with your credit history – with no harm to your credit score. Get personalized offers from our partners in seconds.

The TD Cash Credit Card is a very rewarding cash back card. Patrons of TD Bank will appreciate the $200 sign-up bonus on the TD Cash Credit Card, as well as the card’s generous bonus on grocery and restaurant purchases.

As a balance transfer card, the TD Cash Credit Card is less enticing. Its balance transfer fee is one of the most expensive on the market and it doesn’t offer an interest-free APR on purchases.

A great bonus for frequent diners and shoppers

Foodies and fans of eating out on a frequent basis will find the TD Cash Credit Card especially rewarding: The card offers a 3 percent bonus back on restaurant purchases, a 2 percent bonus on groceries and 1 percent back on all other purchases.

The card also offers a $150 bonus to new cardholders who manage to spend $500 in the first 90 days if card membership. Along with the card’s generous bonus on food purchases, most cardholders stand to earn a considerable amount of cash back in the first year with the TD Cash Credit Card.

Redemption limitations

While there are tons of options to redeem your cash back, the minimum redemption is $25. And if you want to redeem your cash back for travel, the minimum amounts are even higher: $250 for a round trip flight and $150 for a hotel room.

Mediocre balance transfer offer

The interest-free balance transfer offer on the TD Cash Credit Card only lasts for 15 billing cycles, so you might want to hold off on transferring a lot of debt to this card. If you transfer more than a few thousand dollars, for example, you can have a hard time paying off your debt by the end of the promotion – especially if you plan on using the card for new purchases. Even a $3,000 balance transfer would require a minimum $200 payment each billing cycle. Plus, you’ll have to pay a 3 percent fee on balance transfers. Because the TD card doesn’t offer a zero percent APR on purchases, you’ll also want to pay off your new balance in full to avoid undermining your transfer.

The TD Cash Credit Card is also strict about how much you can transfer. Cardholders are only allowed to transfer a minimum of $250.

High APR

Like most rewards credit cards, the APR on the TD Cash Credit Card is fairly steep, especially if you have less-than-perfect credit. The lowest APR cardholders can qualify for is 12.99 percent, which is cheaper than the average balance transfer card, but higher than some competitors. If you have excellent credit and plan to continue carrying a balance, you might be better off choosing a less expensive card. At 22.99 percent, the card’s maximum interest rate is also on the high side for a balance transfer card.

Why get the TD Cash Credit Card?

  • You spend a lot on groceries and dining purchases.
  • You want a decent cash back card and hate annual fees.
  • You only have a small amount of debt to transfer and can repay the debt in less than a year.
  • You want Visa Signature benefits that come at no cost to you. You prefer a multitude of redemption options, including deals that can be found on the TD website.

How to use the TD Cash Credit Card:

  • Use your card for all your everyday purchases in order to cash in on the card’s sign-up bonus.
  • Don’t forget to spend $500 in the first 90 days in order to get the sign-up bonus.
  • To avoid undermining your interest-free balance transfer, pay off all your new purchases in full.
  • Be sure to use this card’s purchase security feature on big-ticket items such as cellphones, laptops, etc., especially if you take those items on trips.

Our reviews and best card recommendations are based on an objective rating process and are not driven by advertising dollars. However, we do receive compensation when you click on links to products from our partners. Learn more about our advertising policy

All reviews are prepared by staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank’s website for the most current information.

Responses to comments in the discussion section below are not provided, reviewed, approved, endorsed or commissioned by our financial partners. It is not our partner’s responsibility to ensure all posts or questions are answered.