TD First Class℠ Visa Signature® Credit Card review | Finder.com

TD First Class℠ Visa Signature® Credit Card review

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TD First Class℠ Visa Signature® Credit Card

Strong rewards earnings but limited redemption options from this niche card.

  • Get this card if: You frequently dine out and enjoy occasional travel
  • Pick something else if: You want a card with stronger redemption values
  • Apply if: You have an excellent credit score of 740 or higher.
Product NameTD First Class℠ Visa Signature® Credit Card
Card TypeVisa
Annual Fee$0 intro annual fee for the first year ($89 thereafter)
Purchase APR15.49% variable
Intro Purchase APR

N/A

Balance Transfer APR15.49% variable
Intro Balance Transfer APR 0% for the first 12 months (then 15.49% variable)
Balance Transfer Fee$5 or 3% of the transaction, whichever is greater
Cash Advance Rate27.49% variable
Foreign Transaction FeeNone
Cash Advance Fee$10 or 3% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 25 days
Late Payment FeeUp to $37
Returned Payment FeeUp to $37
Minimum Age18 years of age
Welcome Offer25,000 miles after spending $3,000 in the first 6 billing cycles
Rewards3x miles on travel and dining purchases and 1x miles on all other purchases
Base Rewards1x miles

The basics

The TD First Class℠ Visa Signature® Credit Card has a generous earning rate on travel and dining purchases.

Your redemption options are a bit limited, however. Other cards, such as the Bank of America® Travel Rewards credit card, offer stronger flexibility with a similar — or no — annual fee.

The perks

  • Strong rewards rate.
    You’ll earn 3x First Class miles on flights, hotels, car rentals, cruises and dining, and 1x miles on all other purchases.
  • Low APR.
    Your purchase APR starts at a variable 15.49%.
  • Signup bonus.
    Earn 25,000 bonus miles when you spend $3,000 on purchases within your first 6 billing cycles.
  • Intro annual fee.
    The annual fee is waived for your first year. After that, you’ll pay $89 annually.

You’ll also like

  • Visa Zero Liability.
    You’ll automatically have Visa security on purchases and protection against unauthorized charges.
  • No foreign transaction fees.
    You won’t pay additional fees on purchases made abroad.
  • Miles don’t expire.
    Your miles won’t expire so long as your account stays open and in good standing.

Compare TD Bank credit cards

What to watch out for

  • Poor redemption value.
    According to the card’s terms and conditions at the time of writing, you can expect about 1 cent per mile when redeeming points for travel, but you’ll get less returns on items such as gift cards or merchandise.
  • Minimum required miles for redemption.
    You’ll need at least 2,500 miles to make a redemption.
  • No mile transfer options.
    You can only redeem First Class miles as statements on eligible purchases.
  • Balance transfer fees.
    You’ll pay $5 or 3% of the balance transfer, whichever is greater.
  • No online redemption options.
    You’ll need to call TD directly to redeem your miles since redemptions are handled as statements.
  • Few perks.
    Unless you’re approved for the Visa Signature version of this card, you won’t have much in the way of card perks such as concierge or travel insurance.

Compare similar travel credit cards

Name Product Welcome Offer Rewards Annual Fee
60,000 points after spending $4,000 in the first 3 months
2x points on travel and dining. 1x points on all other purchases
$95
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.
30,000 miles after spending $1,000 in the first 3 months and a $50 statement credit after you make a Delta purchase in the first 3 months
2x miles on Delta purchases and 1x miles on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
30,000 bonus miles after you use your new card to make $1,000 on purchases within the first 3 months and a $50 statement credit after you make a Delta purchase in the first 3 months. Rates & Fees
10,000 miles after spending $500 in the first 3 months
2x miles at US restaurants and on purchases made directly with Delta and 1x miles on all other purchases
$0
Earn 10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months of card membership. Rates & Fees
$150 after you spend $1,000 on purchases in the first 3 months
2% back on airline tickets purchased from United® and 1.5% on all other purchases
$0
$150 in United TravelBank cash after you spend $1,000 on purchases in the first 3 months from account opening.
40,000 miles after spending $2,000 in the first 3 months plus 20,000 miles after spending $8,000 in the first 6 months
2x miles at restaurants, on hotel stays and on purchases from United and 1x miles on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
Earn 40,000 miles after spending $2,000 in the first 3 months. Earn an additional 20,000 miles after spending $8,000 in the first 6 months.

Compare up to 4 providers

Bottom line

The TD First Class℠ Visa Signature® Credit Card is a fine choice with solid rewards for those who like to dine out often. With mile rates topping out around 1 cent apiece, however, there are much more lucrative flexible reward credit cards out there for those pushing for value on their card.

Compare your reward credit card options to find one that offers the most value for your purchasing habits.

Frequently asked questions

Images: td.com

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