TD Double Up Credit Card Review [2024]: No-Fuss Cash Back

CREDIT CARDS - CASH BACK CREDIT CARDS
The TD Double Up Credit Card provides an easy way to earn elevated cash back on all your eligible purchases.
Updated April 12, 2024
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We recommend the TD Double Up Credit Card because it has a $0 annual fee and earns a simple cashback rewards rate. Earn up to 2% Cash Back on all eligible purchases.

We think the TD Double Up Credit Card’s earning potential competes with other similar cash back cards, but you might prefer a card with bonus categories if you typically spend a lot on specific purchases.

Let’s explore our TD Double Up Credit Card review to see if it’s the right card for you.

Easy Cash Back on All Purchases

TD Double Up Credit Card
4.6

TD Double Up Credit Card

Current Offer

Earn $150 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening

Annual Fee

$0

Rewards Rate

2% Cash Back on all eligible purchases

Benefits and Drawbacks
Card Details

In this TD Double Up Credit Card review

Key takeaways

  • We think the TD Double Up Credit Card makes sense if you want a cash back credit card with a simple rewards rate and a $0 annual fee.
  • The TD Double Up Credit Card has an intro APR offer on balance transfers, but no intro APR offer on purchases.
  • The TD Double Up Credit Card provides cell phone protection, but doesn’t have purchase protection or extended warranty coverage.

Who should get the TD Double Up Credit Card?

If you want a simple cash back credit card with a $0 annual fee, consider the TD Double Up Credit Card. The TD Double Up Credit Card has a straightforward earning rate that’s easy to keep track of. Earn up to 2% Cash Back on all eligible purchases.

That means you don’t have any bonus categories where you could potentially earn higher rewards rates, but you also don’t have to think about how many rewards an eligible purchase might earn. If you prefer simplicity, you’re in the right place.

You can also take advantage of 0% intro APR for 15 billing cycles on balance transfers (then 20.24%, 25.24% or 30.24% (variable)). There’s no intro APR offer on purchases.

Keep in mind that the TD Double Up Credit Card charges 3% foreign transaction fees, so it’s not an ideal card to use while traveling internationally.

TD Double Up Credit Card basics

Card type Cash back/Balance transfer
Credit card issuer TD Bank
Credit card network Visa
Annual fee $0
Welcome offer Earn $150 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening
Intro APR 0% intro APR for 15 billing cycles on balance transfers (then 20.24%, 25.24% or 30.24% (variable))
Reward rate 2% Cash Back on all eligible purchases
Recommended credit score Excellent, Good
Foreign transaction fee 3%

Why we like the TD Double Up Credit Card: benefits and perks

  • Generous welcome offer: Earn $150 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening.
  • Earning potential: 2% Cash Back on all eligible purchases.
  • $0 annual fee: Don’t worry about an annual cost with a $0 annual fee on your new card.
  • Introductory APR offer: Benefit from 0% intro APR for 15 billing cycles on balance transfers (then 20.24%, 25.24% or 30.24% (variable)).
  • Visa benefits: Many TD Bank credit cards provide additional Visa benefits to new cardholders. The TD Double Up Credit Card is a Visa Platinum card, which includes cell phone protection and roadside dispatch.

What we don’t like about the TD Double Up Credit Card: drawbacks

  • No intro APR offer on purchases: The TD Double Up Credit Card only has an intro APR offer on balance transfers. Some other 0% intro APR credit cards can be better options since they offer intro APR on purchases and balance transfers.
  • Limited protection benefits: The TD Double Up Credit Card provides cell phone protection, but not purchase protection or extended warranty coverage, which are often provided on Visa Signature cards. Check out some of the best credit cards if you want more protection benefits.
  • Foreign transaction fees: You have to pay 3% foreign transaction fees with the TD Double Up Credit Card, making it a poor choice for international purchases. The best travel credit cards typically have no foreign transaction fees, while also earning travel rewards.
  • Residency requirements: Your address must be within the TD Bank footprint to apply for a TD Bank credit card. The TD Bank footprint includes Connecticut, the District of Columbia, Delaware, Florida, Maine, Maryland, Massachusetts, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia, and Vermont.

Earning and redeeming TD Double Up Credit Card rewards

Potential earnings in years one and two

Here's a look at how your rewards can add up with the TD Double Up Credit Card. To calculate these values, we used a point valuation of one cent per point.

Remember, this is an estimation. The actual value will be determined by how much you spend and in which categories you spend, if applicable.

Year one earnings: $770

Year two earnings: $670

These values are based on the FinanceBuzz Credit Card Rewards Valuation Model which takes a look at points earned via spending, the welcome bonus, and the annual fee.

Best ways to earn

Category Rewards rate
All eligible purchases 2%

The best way to earn rewards with the TD Double Up Credit Card is to use it as much as possible on purchases you already plan on making. This may include everyday purchases, such as gas, groceries, and dining.

The TD Double Up Credit Card doesn’t have any bonus categories, which means you earn the same 2% rate on all eligible purchases.

Maximizing your redemptions

The TD Double Up Credit Card is a cash back credit card that earns points on eligible purchases. You can redeem your points for:

  • Statement credits or direct deposits into a U.S. checking or savings account (minimum 2,500-point redemption)
  • Gift cards
  • Merchandise
  • Travel

Your points are worth at least one cent ($0.01) per point if redeemed for cash back, gift cards, or travel. So these are likely your best redemption options if you want to maximize your rewards value.

TD Double Up Credit Card FAQ

How do I get cash back from the TD Double Up Credit Card?

Use your TD Double Up Credit Card to make eligible purchases for cash back. The TD Double Up Credit Card provides this rewards rate: earn 2% Cash Back on all eligible purchases. You can redeem your cash back in several ways, including receiving a statement credit or a direct deposit into a U.S. checking or savings account.

What credit score do I need for the TD Double Up Credit Card?

You typically need a good or excellent credit score to qualify for the TD Double Up Credit Card, which is at least a 670 score on the FICO scoring model. Keep in mind that credit card issuers often consider multiple factors other than your credit score to determine your eligibility for their credit cards. This means that having a specific credit score doesn’t guarantee that you’ll qualify.

How can I transfer a balance to the TD Double Up Credit Card?

You can initiate a balance transfer to your TD Double Up Credit Card by logging into your account in the TD app or by signing into the TD Bank website using a web browser. Then you need to go to the balance transfer option, which might be labeled “Transfers,” “Make a Transfer,” or something similar.

Other cards to consider

If the TD Double Up Credit Card doesn’t seem like the right fit for you, consider the Wells Fargo Active Cash® Card and Blue Cash Everyday® Card from American Express. See how all three cards compare.

Card Welcome offer Rewards rate Annual fee
Wells Fargo Active Cash® Card Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months Earn 2% cash rewards on purchases $0
Blue Cash Everyday® Card from American Express Earn a $200 statement credit after spending $2,000 in purchases in the first 6 months Earn 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year on purchases in each category, then 1%); and 1% cash back on other eligible purchases $0 (Terms apply)
TD Double Up Credit Card Earn $150 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening Earn 2% Cash Back on all eligible purchases $0

The Wells Fargo Active Cash is similar to the TD Double Up Credit Card with some of its benefits, including its rewards rate and intro APR offer on qualifying balance transfers. But the Active Cash also provides 0% intro APR for 15 months from account opening (then 20.24%, 25.24%, or 29.99% Variable).

Learn more in our Wells Fargo Active Cash review.

The Blue Cash Everyday® Card from American Express provides potentially better earning opportunities than the TD Double Up Credit Card since it has bonus categories. This includes 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year on purchases in each category, then 1%); and 1% cash back on other eligible purchases.

Learn more in our Blue Cash Everyday® Card from American Express review.

TD Double Up Credit Card: bottom line

We think the TD Double Up Credit Card makes sense if you want a cash back credit card with a simple earning rate that works for most purchases. There’s nothing complicated about the TD Double Up Credit Card, making it a great choice for everyday earning.

We don’t think the TD Double Up Credit Card has the best card protections since there’s no purchase protection or extended warranty coverage, and it’s also lacking an intro APR offer on purchases. In addition, depending on your spending habits, you might prefer a rewards card with bonus categories rather than a flat cashback rate.

For our top recommendations, check out our list of the best cash back credit cards.

Easy Cash Back on All Purchases

TD Double Up Credit Card
4.6

TD Double Up Credit Card

Why We Like It

Earn $150 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening

See how these cards compare:

Wells Fargo Active Cash® Card
Wells Fargo Active Cash® Card
  • $200 cash rewards bonus after spending $500 in purchases in the first 3 months
  • Earn unlimited 2% cash rewards on purchases
  • Intro APR on purchases and qualifying balance transfers
  • $0 annual fee
  • Rates and fees
Blue Cash Everyday® Card from American Express
Blue Cash Everyday® Card from American Express
  • Earn a $200 statement credit after spending $2,000 in purchases in the first 6 months
  • Introductory APR offer for purchases and balance transfers
  • 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year on purchases in each category, then 1%)
  • Annual fee of $0
  • See rates and fees | Terms Apply

Author Details

Ben Walker, CEPF, CFEI® Ben Walker, CEPF, CFEI®, is a Senior Credit Cards Writer at FinanceBuzz. For over a decade, he's leveraged credit card points and miles to travel the world. His expertise extends to other areas of personal finance — including loans, insurance, investing, and real estate — and you can find his insights on The Washington Post, Debt.com, Yahoo! Finance, and Fox Business.

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