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If you’re looking to earn quick cash back rewards without the hassle of an annual fee, check out the TD Cash Credit Card.
You can earn $150 cash back after spending $500 on purchases in the first 90 days. Plus, simple spending categories make it a breeze to figure out when and where to use this card to maximize its earning potential, whether you like to go out on the town or enjoy a home-cooked meal. All of these perks and a $0 annual fee make the TD Cash Credit Card a solid choice to add to your wallet.
Quick & Hassle-Free Cash Back
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TD Cash Credit Card
Current Offer
Earn $150 cash back after spending $500 on purchases in the first 90 days
Annual Fee
$0
Rewards Rate
3% cash back on dining, including takeout and delivery, 2% cash back at grocery stores, and 1% cash back on all other eligible purchases
Who should get the TD Cash Credit Card?
People who consider themselves foodies should consider the TD Cash Credit Card. Cardholders earn 3% cash back on dining, including takeout and delivery, 2% cash back at grocery stores, and 1% cash back on all other eligible purchases. Your cash back rewards can add up quickly whether you dine out or love to cook at home.
But because this card only earns 1% on all other eligible purchases, it could make the most sense if you’re looking for a card to pair with your primary credit card. This way you could use your primary card to earn on everyday purchases, and the TD card to earn rewards in specific categories like grocery store purchases and dining purchases.
If you apply for the TD Cash Credit Card and are approved, you may receive either a Visa Signature or Platinum card, depending on the credit limit you are approved for. Both cards have the same terms and conditions, but the Signature card comes with more benefits, such as access to exclusive events and special shopping perks.
TD’s credit cards are typically only available to people who live in states where TD does business, which is mostly along the Eastern seaboard. If you don’t reside in a state with TD Bank locations, you may need to explore other cash rewards credit card options. A TD Bank credit card that is available nationwide is the TD Ameritrade Client Rewards Card.
Card Basics
| Card type | Cash back |
| Card issuer | TD Bank |
| Credit card network | Visa |
| Annual fee | $0 |
| Intro bonus | Earn $150 cash back after spending $500 on purchases in the first 90 days |
| Rewards rate | 3% cash back on dining, including takeout and delivery, 2% cash back at grocery stores, and 1% cash back on all other eligible purchases |
| Recommended credit score | Excellent, Good |
| Intro APR | 0% APR on balance transfers for 12 months, then 19.49%, 24.49% or 29.49% (variable) |
| Foreign transaction fee | 3% |
TD Cash Credit Card benefits and perks
- Easy-to-earn welcome offer: New cardholders can earn $150 cash back after spending $500 on purchases in the first 90 days. That’s an impressive reward for such a low spending minimum.
- Competitive cash back rates: While 1% on all other eligible purchases isn’t the greatest, earning 3% for dining, including takeout and delivery and 2% at grocery stores makes it one of the best credit cards for dining to earn cash back. TD includes takeout and delivery in this spending category as well.
- Intro balance transfer APR: It also offers a 0% introductory APR on balance transfers for the first 12 months (then 19.49%, 24.49% or 29.49% (variable)). If you have existing credit card debt, this could be a useful way to transfer your balance and enjoy period of no interest rate while you work on paying that debt off. However, there is a balance transfer fee of $5 or 3%, whichever is greater.
- No annual fee: With the TD Cash Credit Card, you'll enjoy a $0 annual fee.
Drawbacks to this card
- Has foreign transaction fee: If you plan to travel outside the U.S., then this card is not an ideal one to have in your wallet. You'll be better off checking out our list of the best credit cards with no foreign transaction fees.
- Limited availability: The TD Cash Credit Card is only available to certain U.S. residents. You must live in one of the states where TD is licensed to operate. This includes about 16 states, predominantly on the East Coast.
- Limited rewards program: While this card pays a decent cash back rate on certain purchases, TD's rewards program cannot compete with more robust programs like those of American Express or Chase.
Earning & redeeming cash back
Potential earnings in years one and two
Here's a look how your cash back can add up with the TD Cash Credit Card.
Remember, this is an estimation. The actual value will be determined by how much you spend and in which categories you spend.
Year one earnings: $674
Year two earnings: $524
These values are based on the FinanceBuzz Credit Card Rewards Valuation Model which takes a look at points earned via spending, the sign-up bonus, and the annual fee.
Best ways to earn
Earning cash back rewards with this card from TD is simple. There are only three spending categories for cardholders to remember.
| Categories | Rewards rate |
| Dining, including takeout and delivery | 3% |
| Grocery stores | 2% |
| All other eligible purchases | 1% |
This card doesn’t earn enough on most purchases to become your primary card for everyday use. But if you’re a big spender at restaurants and grocery stores, this is the card to use. If you spend $200 eating out and $500 on groceries monthly, you would earn $392 cash back in your first year after earning the sign-up bonus.
If you don’t frequently spend money in these key categories, this might not be the best card for earning cash back rewards.
Maximizing your redemptions
The best use of rewards earned from your TD Cash credit card is typically cash back. TD uses a point system, and each point is worth $0.01. That means if you earn 20,000 points, you can redeem your rewards for $200 cash back.
You can also trade in your points for travel and gift cards, and according to TD Bank, each point is worth at least one penny when used for these options. If you choose to redeem your rewards for merchandise, however, the value of your points may vary.
TD Cash Credit Card FAQs
How does TD cash back work?
You’ll need a minimum of 2,500 points to redeem for cash back, which is equal $25. Points don’t expire as long as your account is open and in good standing. There are no caps on how many bonus points you can earn.
Once you hit the minimum, you can redeem for cash back or other redemptions like gift cards or travel. Rewards can be redeemed by logging in to your account on the TD Card Services website. Cash back rewards are issued in the form of a statement credit or direct deposit to a designated checking or savings account within the U.S.
What credit score do you need for a TD Cash Credit Card?
TD doesn’t have a published credit score guideline but most reward cards require good to excellent credit. Credit score is only one factor of an application, and whether or not you will get approved for any card will depend on your individual creditworthiness.
How long does it take to get a TD Cash Credit Card?
It normally takes 7 to 10 business days for your new TD Cash Credit Card to arrive after being approved.
How much are TD Bank points worth?
TD Bank points are generally worth $0.01 each, though the amount varies based on how you redeem them.
Other cards to consider
If the TD Cash Credit Card isn’t the right fit for you, there are other great options out there from other credit card issuers.
Consider the Chase Freedom Flex℠ instead. It’s one of the most popular cashback cards — and for good reason. There’s a $0 annual fee, and cardholders earn up to 5% cash back. That’s one of the highest cash back percentages offered by any card. It also offers a nice welcome offer. New cardholders can earn a $200 bonus after spending $500 on purchases in the first 3 months.
The Capital One SavorOne Cash Rewards Credit Card is another solid cash back choice. You can earn a one-time $200 cash bonus after you spend $1,000 on purchases within the first 3 months from account opening, plus cardholders earn up to 10% cash back on spending. This Capital One card has a $0 annual fee and comes with a 0% intro APR for 15 months on purchases, then 19.74% - 29.74% (Variable).
Quick & Hassle-Free Cash Back
TD Cash Credit Card
Why We Like It
Earn $150 cash back after spending $500 on purchases in the first 90 days
See how these cards compare:
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Chase Freedom Flex℠
- Earn a $200 bonus after spending $500 on purchases in the first 3 months
- Up to 5% cash back on spending
- Perks from Lyft, DoorDash, and more
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Capital One SavorOne Cash Rewards Credit Card
- Earn a one-time $200 cash bonus after you spend $1,000 on purchases within the first 3 months from account opening
- No annual fee
- 0% intro APR for 15 months on purchases and balance transfers, then 19.74% - 29.74% (variable) APR; 3% fee on balances transferred within the first 15 months
- 3% cash back on dining, entertainment, popular streaming services, and at grocery stores (excluding superstores such as Walmart® and Target®)
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