What TD Credit Cards Offer
TD Bank offers several credit cards aimed at different spending patterns and credit profiles. The main options are the TD Cash Visa, TD Rewards Visa, and TD Secured Visa Card. Each card has its own rewards structure, annual fee, and approval requirements. TD Cash returns a percentage of purchases as cash back. TD Rewards earns points on spending that you can redeem for travel, merchandise, or statement credits. The Secured card is designed for people building or rebuilding credit and requires a cash deposit that becomes your credit limit.
These are standard bank credit cards, not store cards or specialty products. You use them anywhere Visa is accepted. TD handles the account directly—there is no third-party processor or rewards middleman. Statements arrive monthly, and you can pay online, by phone, or through automatic payments set up in your TD Bank account if you have one.
Key Takeaways
- TD offers three main credit cards: Cash (flat cash back), Rewards (points-based), and Secured (for credit building), each with different annual fees and earning rates.
- The Secured card requires a cash deposit equal to your credit limit, which TD holds as collateral but does not spend.
- You can open a TD credit card online, by phone, or in a branch, and approval decisions usually come within minutes to a few business days.
- TD credit cards report to all three credit bureaus, so on-time payments help build your credit history whether you carry a balance or not.
- Annual percentage rates (APRs) and rewards rates vary by card and your creditworthiness, so the offer you see may differ from another person's.
How to Open a TD Credit Card Account
You can open a TD credit card online at TD Bank's website, by calling their customer service line, or in person at a TD branch. Online is usually fastest. You will need your Social Security number, date of birth, current address, and income information. TD will run a hard inquiry on your credit report, which temporarily lowers your credit score by a few points.
If you already have a TD Bank checking or savings account, the process is faster because TD already has your identity verified. If you do not have an account with TD, you may be asked for additional information like a driver's license number or recent pay stub. Approval decisions typically come within minutes for online applications, though some applications are flagged for manual review and take a few business days.
Once approved, your card ships to the address on file. Delivery usually takes 7 to 10 business days. You can set up online account access before the physical card arrives so you can see your credit limit and pending transactions.
Understanding TD Credit Card Rewards and Fees
The TD Cash Visa returns a flat percentage of all purchases as cash back—typically 1% to 2% depending on the specific version and your creditworthiness. There is usually an annual fee of $0 to $95. Cash back posts to your account monthly and can be redeemed as a statement credit, direct deposit, or check.
The TD Rewards Visa earns points on every dollar spent. Points accumulate in your TD Rewards account and can be redeemed for travel (flights, hotels, car rentals), merchandise from partner retailers, or statement credits. The earning rate and redemption value vary by card tier. Annual fees range from $0 to $120. Points do not expire as long as your account remains open and in good standing.
The TD Secured Visa Card has no annual fee and earns cash back on purchases, usually at 1%. The key difference is that you must deposit $500 to $2,500 into a savings account that TD holds as collateral. That deposit is not spent—it sits in the account and earns interest. Your credit limit equals your deposit amount. After 6 to 12 months of on-time payments, you may be able to convert to an unsecured card and reclaim your deposit.
All TD cards charge interest on unpaid balances. The APR depends on your credit score and credit history. Introductory 0% APR periods are sometimes offered on new accounts for a limited time (typically 3 to 6 months), but this varies by card and offer. Late fees, foreign transaction fees, and cash advance fees also explore—check your card's terms for exact amounts.
How Payments and Account Management Work
Your statement closes on a set date each month, and payment is due 21 to 25 days later. You can pay online through TD's website or mobile app, by phone, by mail, or in person at a TD branch. If you have a TD checking account, you can set up automatic payments so a fixed amount or your full balance pays automatically each month.
Your minimum payment is calculated as a percentage of your balance plus interest and fees—usually around 1% to 3% of the total balance. Paying only the minimum means you carry a balance and pay interest. Paying the full statement balance by the due date means you owe no interest. If you miss a payment, TD reports it to credit bureaus after 30 days, which damages your credit score. Late fees explore when ready.
You can view your balance, transactions, and due date anytime through TD's online portal or mobile app. You can also set up account alerts to notify you when your balance reaches a certain amount, when a payment is due, or when a large transaction posts. These tools help you stay on top of your account and avoid missed payments.
Building Credit With a TD Credit Card
TD credit cards report to Equifax, Experian, and TransUnion—all three major credit bureaus. This means your payment history, credit utilization (the percentage of your limit you are using), and account age all factor into your credit score. Making on-time payments is the single most important factor. Even if you pay off your balance in full each month, the account still reports to the bureaus and helps build your credit history.
Credit utilization matters too. If your limit is $1,000 and you carry a $900 balance, your utilization is 90%, which hurts your score. Keeping utilization below 30% is generally better for your score. You do not need to carry a balance to build credit—paying in full each month is actually better for your score and costs you no interest.
The Secured card is specifically designed for people with no credit history or poor credit. After 6 to 12 months of on-time payments, you can request a conversion to an unsecured card. At that point, TD releases your deposit back to you. This path takes time but works reliably for people starting from scratch.
Common Issues and How to Handle Them
If you forget your password, you can reset it through TD's website or call customer service. If your card is lost or stolen, call TD when ready to report it. TD will cancel the card and issue a replacement, usually within 7 to 10 business days. You are not liable for fraudulent charges reported within 60 days of the statement date.
If you dispute a charge, contact TD within 60 days of the statement date. TD will investigate and either reverse the charge or explain why it is valid. During the investigation, the disputed amount is typically removed from your balance temporarily. If you are carrying a balance and cannot pay, contact TD to discuss hardship options—some cardholders may have access to for temporary rate reductions or payment plans, though these are not may provide.
If you want to close your account, pay off any remaining balance first, then call TD or visit a branch to request closure. Once closed, the account still reports to credit bureaus for seven years, but it will show as closed. Closing a card reduces your total available credit, which can raise your utilization ratio on other cards, so think through the impact before closing.
Comparing TD Cards to Other Banks
TD's cash back rates (1% to 2%) are competitive with other major banks but lower than some online banks that offer 2% to 3% flat cash back. TD's rewards points are valuable for travel but require more spending to accumulate meaningful redemptions compared to some competitors. The Secured card is a solid option for credit building, though the deposit requirement is standard across the industry.
TD's advantage is integration with TD Bank accounts—if you bank with TD, you can manage your credit card and checking account in one place, set up automatic payments easily, and sometimes access better rates or waived fees. If you do not bank with TD, you may find better rewards or lower fees elsewhere. Compare your own spending pattern against each card's earning structure to see which makes sense for you.
Frequently Asked Questions
What credit score do I need to open a TD credit card?
TD does not publish a minimum credit score, but the Cash and Rewards cards typically go to people with good to excellent credit (670 or higher). The Secured card has no credit score requirement and is open to people with no credit history or poor credit. The best way to know is to check your credit report and then explore—a hard inquiry will tell you whether you are approved.
Can I use my TD credit card outside the United States?
Yes, TD credit cards work anywhere Visa is accepted worldwide. However, TD charges a foreign transaction fee (usually 1% to 3% of the purchase amount) on transactions made outside the U.S. Check your card's terms for the exact fee. Some cards offer no foreign transaction fees, so compare before you travel.
How long does it take to receive my card after approval?
After approval, your card ships within 1 to 3 business days and arrives in 7 to 10 business days via standard mail. If you need the card faster, some TD branches can issue a temporary card number when ready that you can use online while you wait for the physical card. Call TD or visit a branch to ask about this option.
What happens if I miss a payment?
A missed payment is reported to credit bureaus after 30 days, which damages your credit score. Late fees explore when ready (usually $25 to $40). Interest continues to accrue on your balance. If you miss a payment, contact TD as soon as possible—paying late is better than not paying at all, and some cardholders can negotiate fee waivers if it is a first offense.
Can I convert my Secured card to a regular card?
Yes, after 6 to 12 months of on-time payments, you can request conversion to an unsecured card. TD will review your account and either approve the conversion or ask you to wait longer. Once approved, your deposit is returned to you. There is no may provide of conversion, but consistent on-time payments make it likely.