TD
$0 annual fee, up to $50 intro cash back or TD Rewards, 21.99% purchases, 22.99% cash advances. Secured for all credit profiles. Earn rewards on groceries, gas, transit.
Introducing the TD No Annual Fee Credit Card Offer
TD offers several no annual fee credit cards in Canada, including the TD Cash Back Visa Card and TD Rewards Visa Card. Both provide a $0 annual fee and competitive earning rates, making them accessible to a wide range of applicants.
The TD Cash Back Visa Card currently gives up to $50 in bonus cash back in the first three months. Standard rates are 21.99% for purchases and 22.99% for cash advances. These cards allow Canadians to earn rewards on essential everyday spending, helping stretch your budget with no extra yearly cost.
How to Apply: Simple Step-by-Step
- Visit the TD website and select your preferred no fee card.
- Click on “Apply Now” to begin the application process.
- Complete your personal information, income, and employment details.
- Review the terms and submit your application.
- Receive your decision, typically within minutes.
Applying online is quick and secure, helping you start earning rewards right away with minimal fuss.
Strong Points: No-Fee, Real Rewards
One key advantage is the true $0 annual fee, making these cards risk-free for trying out rewards. You can enjoy cash back or points without commitment.
Additionally, redemptions are flexible—pay down your statement, book travel, or shop at partners like Amazon and Starbucks. Most rewards don’t expire if your account is in good standing.
Considerations and Drawbacks
Although attractive, these cards carry standard purchase and cash advance interest rates (21.99%, 22.99%). They’re not ideal for carrying a balance month-to-month.
Further, premium perks like insurance coverage are basic compared to higher-fee cards. Some users may find higher earn rates or travel benefits elsewhere, depending on their spending patterns.
Our Verdict: Excellent No-Fee Starter Option
TD’s no annual fee credit cards strike a great balance for Canadians wanting rewards with no ongoing cost. With up to $50 in introductory value, easy qualification, and broad earning categories, these cards make sense for daily spenders, students, or anyone looking to build credit while earning back rewards.
