TD Bank Credit Cards Review: Strong Cash Back Rewards With No Annual Fee

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If you're looking for a new cash-back credit card with a lot of rewards potential, the TD Cash Credit Card and the TD Double Up^℠ Credit Card are both solid choices. That said, TD Bank has a relatively small footprint, so if you don't live on the East Coast, you may not be eligible to apply. 

If you do live in an eligible state, here's what you need to know about the cards before you apply.

TD Bank Credit Cards: The Top Two to Consider

If you're already a TD Bank customer or live in a state where the financial institution does business, here are two of the bank's top credit card options.

TD Cash Credit Card

Learn More

Applicants must reside in CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.

• Our Rating 4/5 How our ratings work
• APR20.24%, 25.24% or 30.24% (Variable)
• Annual Fee$0
• Sign-Up Bonus $150Cash Bonus More Info

  Earn $150 Cash Back when you spend $1,000 on eligible purchases within the first 90 days of opening your account.

We appreciate the TD Cash Credit Card's flexible rewards categories. Cardholders can choose multiple rewards categories to earn elevated cash back, which makes it easier to maximize your potential cash back with a single card. With no annual fee, this card is easy to recommend to anyone who lives in a state where it is offered.

• Welcome bonus: Earn $150 cash back when you spend $1,000 within 90 days after account opening. Also, for a limited time, you'll earn 5% cash back on up to $6,000 spent on gas station purchases for your first six months.
• Rewards: Earn unlimited 3% and 2% cash back on your top two spending categories and 1% back on all other purchases. Eligible bonus categories include dining, entertainment, gas stations, grocery stores, and travel.
• APR: Introductory 0% APR on balance transfers for the first 15 billing cycles, then 20.24%, 25.24%, or 30.24% variable APR based on your creditworthiness.
• Annual fee: $0.

The TD Cash Credit Card allows you to customize your cash-back rewards based on your spending habits. When you first open the account, you'll start earning 3% cash back on dining and 2% cash back at grocery stores.

After that, however, you get to choose which two categories you want to earn bonus cash back on from a list of options. You'll also be able to adjust your categories once a quarter.

The arrangement is similar to what you'd get with the Bank of America® Customized Cash Rewards credit card, but the TD Cash Credit Card lets you choose your category for both bonus rewards rates, and your bonus cash back won't be capped.

The card also offers a decent introductory 0% APR promotion on balance transfers, but that doesn't extend to purchases. You'll also get cell phone protection, purchase security, and extended warranty protection, but there aren't any other notable benefits.

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TD Double Up℠ Credit Card

Learn More

Applicants must reside in CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.

• Our Rating 4/5 How our ratings work
• APR20.24%, 25.24% or 30.24% (Variable)
• Annual Fee$0
• Sign-Up Bonus $150 More Info

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

People who value simplicity will find a lot to like about the TD Double Up℠ Credit Card, which offers a flat 2% back on all purchases with no cap. The sign-up bonus and 0% intro APR offer are especially impressive for a no annual fee card.

• Welcome bonus: Earn $150 cash back when you spend $1,000 within 90 days after account opening.
• Rewards: Earn unlimited 2% cash back on all eligible purchases.
• APR: Introductory 0% APR on balance transfers for the first 15 billing cycles, then 20.24%, 25.24%, or 30.24% variable APR based on your creditworthiness.
• Annual fee: $0.

If you prefer a simple approach to your credit card rewards, the TD Double Up Credit Card should be on your radar.

The card offers a flat 2% cash back on all of your eligible purchases, which stacks up well against some of the best cash-back credit cards on the market. You'll also get a 0% APR balance transfer promotion, though it doesn't apply to purchases.

Like the TD Cash Credit Card, this one also offers cell phone protection, purchase security, and extended warranty protection.

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Comparing the TD Bank Credit Cards

Before you apply for any credit card, it's a good idea to shop around and compare several alternatives. Here are some things to consider.

Application Eligibility

One major issue that stands out with TD Bank's offerings is the lack of accessibility. While the card issuer is considered a national bank, it only offers its credit cards in the handful of states where it has physical branches. Those states include:

• Connecticut

• Delaware

• Florida

• Maine

• Maryland

• Massachusetts

• New Hampshire

• New Jersey

• New York

• North Carolina

• Pennsylvania

• Rhode Island

• South Carolina

• Vermont

• Virginia

• Washington, D.C.

No 0% APR on Purchases

TD Bank doesn't offer any credit cards with a 0% APR promotion. So, if you're looking to finance one or more purchases and pay them down over time, check out our top picks for low interest credit cards to find an option that's better suited to your needs.

Many of them offer a 0% APR on both purchases and balance transfers.

Pay No Interest for a Limited Time

Here Are the Best Balance Transfer Cards

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Relatively Low Welcome Bonus

Both cards offer a $150 bonus when you spend $1,000 in the first 90 days. However, there are several other cash-back credit cards that offer at least $200, sometimes with a lower spending threshold or a longer timeframe to meet it.

If you want even more value, consider the best travel credit cards, many of which offer bonuses worth $600 or more.

The Bottom Line

With their excellent cash-back rewards rates, the TD Bank credit cards should belong in the same conversation as some of the best cash-back cards on the market. However, the fact that the card issuer's offerings aren't available nationwide makes it difficult to put them there.

Card	Rewards Rate	Annual Fee	Learn More
TD Cash Credit Card Learn More Applicants must reside in CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT. Applicants must reside in CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.	1% - 5%Cashback More Info Earn 5% cash back on gas station purchases as well as 3% and 2% Cash Back on your choice of spend categories. Plus, you can switch your categories quarterly. Earn 1% Cash Back on all other eligible purchases	$0	Learn More
TD Double Up℠ Credit Card Learn More Applicants must reside in CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT. Applicants must reside in CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.	2%Cashback More Info Earn unlimited 2% Cash Back on all eligible purchases.	$0	Learn More

That said, if you're an existing TD Bank customer or you live in one of the states where it operates, it is worth it to consider the cards for their rewards rates alone. Just be sure to research and compare the one you're considering with similar options to ensure you get the best value for your everyday spending.

In particular, watch out for welcome bonuses, 0% APR promotions on purchases, and any other features that are important to you.