Does TD Bank offer extended warranty protection?

TD Bank points are worth 1 cent per point. For example, 1,000 TD Bank points have a value of $10. The value of TD Bank points is the same regardless of how they are redeemed.

TD Bank Points Value by Redemption Method

Popular TD Bank Credit Cards

• TD Bank Cash Credit Card
• TD First Class Visa Signature® Credit Card

Tips for Maximizing the Value of TD Bank Points

Get a TD Bank credit card.

Using a TD Bank credit card will help you earn TD Bank points faster, especially if it’s one as rewarding as the TD Bank Cash Credit Card.

Redeem TD Bank points regularly.

TD Bank points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won’t get to enjoy the fruits of your spending if you don’t redeem.

Read the rewards program rules.

Every credit card with rewards also has rules for when unredeemed earnings could be lost – usually as a result of closing your account or missing payments. Double-checking these details can help you keep every cent of rewards value you earn.

Redeem before closing your account.

Any points you don’t redeem before closing your account will be lost.

You need a credit score of at least 750 for most TD Bank credit cards. That means applicants for TD Bank credit cards need excellent credit to be approved. But it really depends on which card you’re after. Some TD cards require credit scores lower than that.

Keep in mind that it’s best to wait and apply for a given card after you meet the credit score requirement. You can ... read full answercheck your credit score for free on WalletHub.

TD Bank Credit Score Requirements by Card

• TD First Class Visa Signature® Credit Card: 750+ (Excellent credit)
• TD Bank Cash Credit Card: 700+ (at least good credit)
• TD Double Up Card: 750+ (Excellent credit)
• TD Cash Secured Credit Card: 300+ (Bad credit)
• TD Business Solutions Credit Card: 750+ (Excellent credit)

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for a TD Bank credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.

No, TD Bank doesn’t offer a student credit card. Its most viable option for students is the TD Cash Secured Credit Card, which is designed for people with limited credit (and even bad credit). The TD Cash Secured Credit Card gives 1% cash back on all eligible purchases. TD Bank also has checking and savings accounts designed specifically for students.

If you’re approved for the secured card, you’ll open a TD Bank savings account and have 15 days to deposit funds. Your deposit, which must be at least $300, serves as your credit limit. You will not be permitted to deposit additional funds to increase your credit limit.

Here’s how students can build credit with a TD Bank credit card:

• Get a secured credit card: TD Bank does not have a student credit card. The best alternative is the TD Cash Secured Credit Card. The TD Cash Secured Credit Card requires you to put up a refundable deposit of $300 or more. But you get 1% cash back on all eligible purchases. There’s an annual fee, but it’s just $29.
• Get a store card: The Target Credit Card issued by TD Bank is another good option for students who have fair credit. You can only use it at Target, but you can buy a huge variety of products there. And, you get 5% discount off all purchases, free 2-day shipping and extended returns all for a $0 annual fee.
• Become an authorized user: Students who know someone with a TD Bank credit card can become an authorized user on their card.

Since there’s no TD student credit card, you can go for their secured card or store cards. But you should also consider getting a student card from another issuer. Journey Student Rewards from Capital One offers 1% cash back on all purchases, 1.25% if you pay on time, and has a $0 annual fee. And Bank of America® Unlimited Cash Rewards credit card for Students gives 1.5% cash back on all purchases and offers an initial bonus of $200 after spending $1,000 in the first 90 days. It has a $0 annual fee, too.

Whatever card you choose, just make sure not to get carried away. Spend responsibly and don’t use too much of your available credit. Also pay on time, and in full, every month.