Why we like this card: The TD Double Up℠ Credit Card gives cardholders an unlimited 2% cash back on all eligible purchases for no annual fee.
Pros
- Simple rewards structure
- No annual fee
- 0% introductory APR period on balance transfers
Cons
- Only available to residents of select states
- Foreign transaction fee
- Modest welcome bonus
TD Double Up Credit Card: Overview
APR
- Intro: 0% introductory APR for the first 15 billing cycles after (after that, your APR will be 20.24%, 25.24%, or 30.24%, based on your creditworthiness)
- Purchase: 20.24%, 25.24%, or 30.24% based on your creditworthiness
- Balance transfer: 20.24%, 25.24%, or 30.24% based on your creditworthiness plus a $5 or 3% of the amount of each transfer, whichever is greater
- Cash advance: 30.49% variable APR plus $10 or 5% of the amount of each cash advance, whichever is greater
- Penalty: up to $40 for late and returned payments
Annual fee: $0
Foreign transaction fee: 3% of each transaction in U.S. dollars
The TD Double Up℠ Credit Card is a flat cash-back card providing 2% cash back on all eligible purchases with no cap on the rewards you can earn. While cash-back cards with rotating categories can involve more effort and time, the TD Double Up℠ Credit Card is simple to use, and you’ll earn a modest welcome bonus without coughing up money for an annual fee.
The major downside of this card is that it isn’t available to cardholders everywhere. So if you’re not located on the East Coast, you may be out of luck as the card is only available to residents of states in the TD Bank footprint: CT, DE, FL, ME, MD, MA, NC, NH, NJ, NY, PA, RI, SC, VA, VT, and DC.
TD Double Up Credit Card: Rewards
With the TD Double Up℠ Credit Card, cardholders receive unlimited 2% cash back on all eligible purchases.
Does TD Double Up Credit Card offer a new customer bonus?
TD Double Up cardholders are eligible to receive a welcome bonus of $100 cashback as a statement credit after they spend $1,000 within 90 days of card opening. If you’re looking for a credit card with a generous welcome bonus, many no-annual-fee cards on the market give larger welcome bonuses.
How to redeem TD Double Up Credit Card rewards
Redeem for cash
To redeem your rewards as either a statement credit or direct deposit, you’ll need at least 2,500 points—or $25 worth of rewards as each point is worth 1 cent.
Buy merchandise online
Through TDRewards.com, cardholders can purchase goods like appliances, electronics, and accessories with their points. You’ll typically get a lower redemption for this method than if you redeemed your points for cashback.
Purchase gift cards
Cardholders can also use points to buy gift cards from various retailers like American Eagle Outfitters, Apple, and Costco.
Is the TD Double Up Credit Card right for you?
The TD Double Up card can be a solid option if you want a flat cash-back card with no annual fee and a small welcome bonus. However, to be eligible, you must live in a state within TD’s footprint. Cardholders who plan to transfer balances between cards can also take advantage of the card’s 0% introductory APR for the first 15 billing cycles after (after that, your APR will be 20.24%, 25.24%, or 30.24%, based on your creditworthiness).
Credit cards similar to TD Double Up Credit Card
Cardholders not located in states within TD’s footprint may consider the Citi® Double Cash Card and the Wells Fargo Active Cash® Card, 2% flat cash-back cards with a $0 annual fee.
Wells Fargo Active Cash vs. TD Double Up Credit Card
Like the TD Double Up Card, the Wells Fargo Active Cash provides cardholders unlimited 2% cash rewards on eligible purchases. Cardholders can also score a larger bonus (with a lower spending requirement) with this card: You’ll receive $200 in cash rewards if you spend at least $500 within three months of card opening.
And if you want a 0% intro APR card for purchases and balance transfers, the Active Cash has you covered: You’ll receive a 15-month 0% intro APR on purchases and qualifying balance transfers.
Citi Double Cash Card vs. TD Double Up Credit Card
Similarly, the Citi® Double Cash Card offers cardholders unlimited 2% cash back on eligible purchases with no annual fee but no welcome bonus.
However, cardholders will only receive the full 2% cash back when they make the minimum payment on their credit card bill: Cardholders receive 1% cash back when they make a purchase and another 1% back when they pay for the purchase.
Cardholders who plan on initiating a balance transfer between cards may benefit from the 0% intro APR on balance transfers for 18 months (after that, the variable APR will be 19.24%–29.24%, based on your creditworthiness).
Frequently asked questions
Is TD Double Up a good credit card?
If you want a 2% unlimited cash-back card with no annual fee, TD Double Up could be a good credit card for you—as long as you’re a resident of a state where it’s available.
Does TD Double Up credit card charge any fee?
The TD Double Up Credit Card does not charge an annual fee. However, the card does charge fees for foreign transactions, cash advances, balance transfers, and late payments.
Does TD offer credit limit increase?
Yes, cardholders can inquire about credit limit increases by calling TD card services.
Please note that card details are accurate as of the publish date, but are subject to change at any time at the discretion of the issuer. Please contact the card issuer to verify rates, fees, and benefits before applying.
