TD Bank does not offer price protection on any of its cards. In general, credit card price protection allows eligible cardholders to receive a refund for the difference between an item’s original purchase price and a lower price advertised within the following 60 to 120 days. Coverage amounts and excluded items vary, depending on the credit card issuer.
TD Bank’s lack of a price protection benefit is not uncommon these days, as more and more issuers are choosing not to include the benefit on any of their credit cards. Recent advances in price-tracking technology have led to a dramatic increase in price protection claims, making the benefit too expensive for issuers to sustain.
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.
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.
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