TD Bank Double Up Card
TD Bank has launched a new card called the Double Up card which earns 1% cashback on all purchases and an additional 1% cashback when you redeem rewards into an eligible TD Bank Deposit Account. TD cards and accounts are only available to those in states where TD Bank operates.
Signup Bonus Offer
- Earn $75 Cash Back in the form of a statement credit when you spend $500 within the first 90 days after account opening.
They also offer 0% introductory APR balance transfers for first 15 billing cycles after account opening. (After that, 14.99%, 19.99% or 24.99% variable APR based on your credit worthiness.)
Card Details
- No annual fee
- Foreign transaction fee is 3% of each transaction in U.S. dollars
- Earn unlimited Cash Back – no rotating categories, no caps or limits as long as your credit card account is open and in good standing
- $25 minimum to redeem cash back
- Contactless payments
- Credit card is available only to those who have a U.S. address in one of the following 16 states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA
Our Verdict
It’s basically a 2% card for those who have a TD deposit account. ‘Double Up’ bears an uncanny resemblance to Citi’s ‘Double Cash’, but again, in the case of TD you need to have a deposit account with the bank to be eligible.
Should be easy enough for those in TD’s footprint to open a checking or savings account with the bank if you want another 2% card option. You can also get a bank bonus for opening a checking or savings account with TD Bank as well.
A reader reached out to share the news of the new card, and added: TD Bank is more conservative on lending requirements, and normally uses Experian for their credit pulls.
Related: Best Credit Cards For Every Day Purchases
Anyone know if you can open a second credit card with TD?
TD sent me an offer for their business card. Same 2% back with a checking account, and $150 SUB after $1000 spend. I’d be interested in this in general, but I read some reports from 2017 that TD will report the business card to your personal account. Does anyone know if they still do this?
Has a foreign transaction fee, 3%. Paypal 2% mastercard has no fee, if that matters to you. Paypal is also 2% flat, not split when you buy and pay off your bill. No minimum to redeem. People don’t like synchrony bank that sponsors paypal card, but personally haven’t had a problem
For the record, TD Bank sent me a letter out of the blue the other day, saying that they were closing my extant TD credit card account.
Account limit was 10K; and my balance was zero. There was a dip in my credit score beforehand; but I still would have appreciated a heads-up…
Why do they charge foreign transaction fee on this card. Even the “TD Ameritrade Client Rewards” card they offered in the past with 1.5% didn’t have one.
I’ve noticed that TD is also charging the 3% FETF for their Cash credit card as well (when they didn’t do so in the past). Not sure yet if existing cardholders are grandfathered.
They advertise it as “$0” on the website. Doing some digging I can see that they put “3%” in the card fee table in the card agreement. So they are literally using false advertisement. I have this card so I’ll probably call and check.
No grandfathering and absolutely zero communication from TD – they just started charging us foreign transaction fee out of the blue.
I have a Toronto Dominion credit card sock drawer
I use Hyatt or other more practical cards with simple rewards and no complicated foolishness
sounds just like the Fidelity CC except if Fidelity still has its $100 or $150 offer, then TD loses
Visa to me would be useful over mastercard at like costco. But would still do the Citi Premier to double cash product change if possible to get the better SUB.
Weak. Are we ever going to see a straight cashback card on all purchases that outdoes 2% Citi Doublecash?
SoFi 2% MasterCard
it exists, penfed powercash. but u need to have $500 in their checking account at all times in order to get the 2% cb. also no ftf. so technically its better than citi DC
Fido
Not as long as you can pay off citi with debit.
what does that mean? Can you pay them with those prepaid debit cards you can get at a discount like through Swagbucks?
Not sure about those specifically. With a negative cost prepaid or rewards debit it’s 2% and 1%+ everywhere. You have to get very obscure+risky to find better.
SDFCU Premium Cash Back+ Credit Card
Earn 2% cash back on qualifying purchases
Introductory bonus of $200 if you spend $3,000 in the first 90 days
No Annual Fee, No Foreign Transaction Fee, No Balance Transfer Fee
Initial 10k approved, then bumped to 15k after about 10 months.
SDFCU also has the option for PIN-first, so you can use it at locations like train kiosks in Germany, and you won’t get “ugh, Americans” looks from every waiter outside the USA. Not sure about a minimum redemption, but I think it’s lower than the $25-50 for most other options.
says above you need to live in the footprint, but I got the cash card six months ago by calling in and using my out of state address
Yes but you need to live in the footprint to open a checking/savings, which is the only way to get 2% back