Consider this card if you want a return on gas and groceries and don’t want to pay an annual fee.
Choose something else if you’d rather accumulate points or want more benefits.
This card does not have minimum annual income requirements.
The basics
If you use your credit card to pay for everyday purchases and then some, you might benefit from the TD Cash Back Visa Card. Apply today and use the money you earn to help pay off your balance.
No annual fee. Save money every year with no annual fee.
Earn cashback. Earn 1% in cash back on eligible grocery and gas purchases, as well as on regularly recurring bill payments set up on your account, and earn 0.5% in cash back on all other eligible purchases.
Product coverage. Receive extended warranty and insurance coverage on the products you purchase with your card.
Car rental insurance and discounts. Up to 10% rental discount at participating Avis and Budget locations in Canada and the US and 5% discount overseas.
The perks
Contactless payments. Take advantage of quick and easy payments with Apple Pay or Visa payWave (for Android).
Enhanced security. Use “Verified by Visa” to protect your purchases online.
Fraud alerts. Get up-to-date notifications on your mobile phone if any suspicious activity is flagged on your account.
Zero-liability coverage. Rest easy knowing that you won’t have to pay for fraudulent purchases with zero-liability protection.
24/7 support. Feel free to call TD’s 24/7 customer service line for support if you have any issues with your account.
Easy to qualify. There are no annual income requirements but you’ll need to be a resident of Canada to apply.
What to watch out for
Limited flexibility. This card only offers cash back on your credit card balance. This means you won’t collect rewards or get cash in hand to pay for purchases.
High interest. Interest rates on outstanding balances and cash advances hover around 19.99%–22.99% respectively, which is around 10% higher than a low-interest card.
Fewer benefits. You’ll receive fewer benefits than with premium cards like the TD Bank Cash Back Visa Infinite Card.
TD Cash Back Visa Card interest rates
Interest Type
Interest Rate
Purchase interest rate
19.99%
Cash advance rate
22.99%
Standard balance transfer rate
22.99%
What should I know before you apply?
To apply for a TD Cash Back Visa Card, you need to meet the following criteria:
Be a Canadian citizen or permanent resident
Be of the age of majority in the province of residence
You will also need to provide the following documents and information:
Your name, residential status and contact information
Your social insurance number and date of birth
Your email address and phone number
Bottom line
The TD Cash Back Visa Card is a basic card that allows you to put money towards paying off your credit card balance. It doesn’t come with a fee, but you can earn cash back on every $1 you spend on eligible purchases.
Frequently asked questions about the TD Cash Back Visa Card
The short answer is no. So long as you keep your account open and in good standing, your cash back dollars won’t expire.
Yes, you can apply online by visiting the TD bank website.
Claire Horwood is a writer at Finder, specializing in credit cards, loans and other financial products. She has a Bachelor of Arts in Gender Studies from the University of Victoria, and an Associate’s Degree in Science from Camosun College. Much of Claire’s coursework has focused on writing and statistics, with a healthy dose of social and cultural analysis mixed in for good measure. In her spare time, Claire enjoys rock climbing, travelling and drinking inordinate amounts of coffee.
Get Aeroplan points, travel benefits and comprehensive insurance with this premium Aeroplan card.
Feedback
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
