If you find yourself dining out and spending money on groceries, consider signing up for the TD Cash Credit Card and start earning cashback for each spend! This card currently has an offer for $150 bonus cash when you spend $500 within the first 90 days of account opening.
With this no annual fee card, you can earn big rewards for just using your card! Earn 3% cashback on dining from casual to fine dining, as well as 2% cashback at grocery stores! Plus earn you earn 1% cashback on all other eligible purchases made with this card!
However, the only drawback for this card is that it is limited within TD Bank’s network, so if you don’t live anywhere near where the bank operates, you might want to look for another rewards card that is available nationwide.
This card is simple, flexible, and there is no annual fee, so see if you’re interested on adding your rewards today, continue reading below to learn more about TD Cash Credit Card’s features!
Table of Contents
TD Cash Credit Card Summary
|Bonus Available||Get $150 cash back when you spend $500 within 90 days after account opening.|
|Ongoing Rewards/Benefits||Earn 3% cash back on dining, 2% back at grocery stores and 1% back on all other eligible purchases.|
|Foreign Transaction Fees||None|
- No annual fee
- Welcome bonus
- Simple rewards
- No foreign transaction fees
- Good-Excellent credit needed to qualify
- Minimum redemption requirement
- Limited availability
Editor’s Alternate Pick
The Chase Freedom FlexSM offers a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.
• 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
• 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.
• 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases.
You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. You'll be able to new 5% categories each quarter!
This card has no annual fee.
TD Cash Card $150 Bonus Cash Offer
Make use of the TD Cash card’s $150 bonus cash offer. In order to qualify, you’ll need to charge at least $500 to your card within 90 days of opening your account, a 40% return for your spending!
|• Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review.|
|• Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank.|
|• Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay.|
|• Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees.|
Earning TD Cash Rewards
With the TD Cash card, it offers friendly bonus categories like:
- Unlimited 3% cash back on dining. Anything from casual to fine dining qualifies.
- Unlimited 2% back on groceries. Unfortunately, superstore and warehouse club purchases do not apply.
- Unlimited 1% back on all other purchases.
But how much cashback rewards can you earn? Check out an example below:
|Category||Annual Spend||Cash Back Earned|
On this example, your first year as a card member, the return rate is around 3.3%. This is considered a good return for such a low-cost card.
Redeeming TD Cash Rewards
Even though it’s a cashback card, TD Cash rewards is in the form of points and can be used in different ways like:
- Direct deposits ($0.01 per point)
- Statement credits ($0.01 per point)
- Travel (at least $0.01 per point)
- Gift cards (at least $0.01 per point)
- Merchandise (varies)
But if you choose to get cashback, you must redeem a minimum of 2,50o points or $25.
TD Cash Card Availability
The only drawback this card has is hat it is limited to within the issuer’s network. States include:
- New Hampshire
- New Jersey
- New York
- North Carolina
- Rhode Island
- South Carolina
- Washington, D.C.
Sign up for the TD Cash Credit Card, if you enjoy the simplicity of cash rewards and don’t want to hassle with points system, then I recommend this card. There is no annual fee and the bonus offer is quite generous! If you’re interested learning more about this bank, check out the latest TD Bank promotions! Don’t forget to check out our complete list of Credit Card Promotions today!
What’s the Competition?
The Chase Freedom Unlimited® Card offers a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. Earn unlimited 1.5% cash back on all purchases.
In addition, you can earn:
• 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year.
• 5% on travel purchased through Chase,
• 3% on dining at restaurants and drugstores, and
• Unlimited 1.5% cash back on all other purchases.
There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open.
This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM.
The Capital One® SavorOne® Cash Rewards Credit Card offers a one-time $200 cash bonus after spending $500 on purchases within the first 3 months from account opening.
You'll earn an unlimited 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases with no rotating categories or sign-ups needed to earn cash rewards.
This card comes with no annual fee and no foreign transaction fees.
|Chase Business Checking||$300 Cash||Review|
|Chase Total Checking®||$200 Cash||Review|
|Chase SavingsSM||$150 Cash||Review|
|Chase Private Client||$2,000 Cash||Review|
|HSBC Premier Checking Member FDIC||$450 Cash||Review|
|HSBC Premier Checking Member FDIC||Up To $600||Review|
|HSBC Advance Checking Member FDIC||$200 Cash||Review|
|HSBC Advance Checking Member FDIC||Up To $240||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$150 Cash||Review|
|Huntington 25 Checking||$500 Cash||Review|
|Huntington 5 Checking||$200 Cash||Review|
|Huntington Asterisk-Free Checking®||$150 Cash||Review|
|Huntington Bank Unlimited Plus Business Checking||$750 Cash||Review|
|Huntington Bank Unlimited Business Checking||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|
|Axos Bank Basic Business Checking||$100 Cash||Review|
|Ally Invest||Up to $3,500 Cash||Review|
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.