TD Bank Rewards Program Review

TD Bank Rewards Program Review Summary

The TD Bank Rewards Program is the 17th best credit card rewards program, according to WalletHub's latest comparison, receiving 73 points out of a possible 100. The TD Bank Rewards Program features a few credit cards with rewards points, such as the TD Double Up Credit Card and the TD Cash Credit Card. It also has one miles credit card, the TD First Class Visa Signature® Credit Card.

TD Bank Rewards Program points and miles are generally worth 1 cent apiece, no matter how you redeem. There are plenty of redemption options, from statement credits to travel to gift cards.

TD Bank Rewards Program Review Scorecard

#12 for Earning Policies
#13 for Redemption Policies
#1 for rewards Value per $1 Spent
#19 for Eligibility & Transparency

Best TD Bank Rewards Program Credit Cards

Summary: TD Bank Rewards Program Scores by Review Category

How to Earn TD Bank Rewards

Category Rating: 80% (24/30)

You will earn at least one point or one mile in return for every dollar you spend with a TD Bank Rewards Program credit card. Choosing the right credit card and using it strategically can enable you to earn even more rewards, and there’s no limit to the amount of rewards you can earn.

Noteworthy Features:

• No expiration: Your rewards will not expire as long as your account remains open and in good standing.

Earning Restrictions: The TD Bank Rewards Program does not have any notable earning restrictions.

 How to Redeem TD Bank Rewards

Category Rating: 45% (9/20)

All TD Bank Rewards redemption methods, including travel, cash back, gift cards and merchandise, offer the same value. Therefore, the best redemption method depends on your individual spending habits and what you want to get with your rewards. Below, you can learn more about the different redemption options.

Travel

You can redeem your rewards for travel through TD Bank’s booking tool in your online account or through Expedia. Alternatively, you can redeem points or miles for any travel expenses you already charged to your card in the past 90 days.

Cash Back

Cash back redemption can take the form of a statement credit or an electronic deposit to your bank account.

Gift cards

You can use your rewards to get gift cards from popular retailers such as American Eagle, Cabela’s, Costco, Domino’s, Saks Fifth Avenue, the PlayStation Store and Staples.

Merchandise

You can spend your rewards to directly purchase various items, from electronics and appliances to clothing and pet accessories.

Noteworthy Features & Restrictions:

• Cash back offered as points: Some TD Bank Rewards Program credit cards are advertised as cash back cards, but they actually offer that in the form of points. For example, if the card says 1% cash back, it means you get 1 point per $1 spent and you can trade that point for 1 cent in cash back.
• No transfer partners: The TD Bank Rewards Program does not offer the ability to transfer points or miles to the loyalty programs of any merchants.
• Minimum redemption amount: You must have at least 2,500 points/miles to redeem for cash back.

TD Bank Rewards Value per Point/Mile

Category Rating: 100% (30/30)

TD Bank Rewards Program points/miles are worth 1 cent each, no matter how they’re redeemed. Depending on the card, you may earn 1 to 3 points or miles per $1 spent.

TD Bank Rewards Program Eligibility & Transparency

Category Rating: 50% (10/20)

Most TD Bank credit cards are in the TD Bank Rewards Program, though the cards are split between offering points and miles. TD Bank also has a few other credit cards that are in their own rewards programs with partnered merchants like Target or Nordstrom.

Popular TD Bank Rewards Program Credit Cards

TD First Class Visa Signature® Credit Card	TD Cash Credit Card	TD Double Up Credit Card	TD Cash Secured Credit Card	TD Business Solutions Credit Card
3.6WalletHub Rating WalletHub Rating 3.6 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Airline Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 3.5 User Reviews 3.3 Market Comparison 3.6 fees: 4.2 rewards: 3.9 cost: 3.5 Other Features: 0.0	4.0WalletHub Rating WalletHub Rating 4.0 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Finance New Purchases." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 3.7 User Reviews 3.6 Market Comparison 4.1 fees: 4.0 rewards: 5.0 cost: 4.3 APR: 3.8	4.3WalletHub Rating WalletHub Rating 4.3 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 4.2 User Reviews 3.9 Market Comparison 4.3 fees: 3.8 rewards: 4.5 cost: 4.7 Other Features: 0.0	3.7WalletHub Rating WalletHub Rating 3.7 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Market Comparison 3.7 fees: 3.3 rewards: 5.0 cost: 3.8 Other Features: 3.3	4.1WalletHub Rating WalletHub Rating 4.1 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Business - Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 4.0 User Reviews 3.9 Market Comparison 4.1 fees: 3.8 rewards: 4.4 cost: 4.3 Other Features: 0.0
(112)	(323)	(19)	(4)	(78)
annual fee$0 intro 1st yr, $89 after	annual fee$0	annual fee$0	annual fee$29	annual fee$0
Purchase Intro APRN/A	Purchase Intro APR0% for 15 billing cycles	Purchase Intro APRN/A	Purchase Intro APRN/A	Purchase Intro APR0% for 12 billing cycles
transfer intro apr0% for 12 months Transfer Fee: 3% (min $5)	transfer intro apr0% for 15 billing cycles Transfer Fee: 3% intro fee ($5 min) for transfers made within the introductory offer, 5% ($5 min) after that	transfer intro apr0% for 15 billing cycles on balance transfers made within the first 90 days of account opening Transfer Fee: 3% intro fee ($5 min) for transfers made within the introductory offer, 5% ($5 min) after that	transfer intro aprN/A	transfer intro aprN/A
Regular APR16.74% (V)	Regular APR18.49% - 28.49% (V)	Regular APR18.49% - 28.49% (V)	Regular APR26.49% (V)	Regular APR17.49% - 27.49% (V)
rewards rate You earn 3 miles for every dollar spent on travel-related expenses such as flights, hotels, car rentals, cruises, and dining. For all other purchases, you earn 1 mile per dollar spent. 1 - 3 miles / $1	rewards rate Earn 3% and 2% Cash Back on your choice of Spend Categories. Plus, you can switch your categories quarterly. Earn 1% Cash Back on other eligible purchases. 1 - 3% Cash Back	rewards rate Earn unlimited 2% Cash Back on all eligible purchases 2% Cash Back	rewards rate Earn 3 points per $1 spent (equivalent of 3% cash back) and 2 points per $1 spent (equivalent of 2% cash back) on your choice of spend categories. Plus, you can switch your categories quarterly. Earn 1 point per $1 spent (equivalent of 1% cash back) on all eligible purchases. 1 - 3 point / $1	rewards rate Earn unlimited 2% Cash Back on all eligible purchases. No rotating Spend Categories, no caps or limits as long as your credit card account is open and in good standing. 2% Cash Back
bonus offer Up to 25,000 miles	bonus offer Special Offer: Earn $200 Cash Back when you spend $1,000 within the first 90 days after opening your account. $200	bonus offer Bonus Cash Back: Earn $200 Cash Back in the form of a statement credit when you spend $1,500 within the first 90 days after account opening $200	bonus offer N/A	bonus offer Special Offer: Earn $250 Cash Back in the form of a statement credit when you spend $1,500 within the first 90 days after account opening. $250
Learn More SponsoredApply Now  Learn More	SponsoredApply Now Rates & Fees SponsoredApply Now Rates & Fees  Learn More	SponsoredApply Now Rates & Fees SponsoredApply Now Rates & Fees  Learn More	Learn More SponsoredApply Now  Learn More	SponsoredApply Now Rates & Fees SponsoredApply Now Rates & Fees  Learn More

For more information, check out the best TD Bank credit cards on WalletHub.

5 Tips for Getting the Most Out of the TD Bank Rewards Program

1. Pick the right card & use it wisely 
   Some TD Bank credit cards offer bonus points or miles if you spend a certain amount within a few months of account opening. Others reward you more for purchases in certain spending categories. And some combine the two. Your job is to find a card that complements your particular needs.
   

2. Redeem regularly
   The whole point of earning credit card rewards is to enjoy the savings they provide. If you just leave your TD Bank Rewards Program points or miles sitting in your account unused, they won’t do you much good.
   

3. Pay your bill on time every month
   Your TD Bank Rewards Program points or miles won’t expire as long as your account remains in good standing. In other words, you have nothing to worry about if you pay your monthly bills on time.
   

4. Pay your bill in full every month
   Paying interest at a credit card’s regular APR will end up costing you more than rewards save you. Paying in full monthly allows you to avoid interest charges.
   

5. Redeem before closing your account
   You will lose any TD Bank Rewards Program points or miles left unredeemed when you close your account.

TD Bank Rewards Program vs. Chase Ultimate Rewards vs. Bank of America Points Rewards

TD Bank Rewards Program Review Methodology

This review of the TD Bank Rewards Program is based on the same methodology as WalletHub’s annual study on the Best Credit Card Rewards Programs. Editor’s ratings reflect the sum of each program’s scores across the study’s four major categories, adjusted to a 5-point scale to create a representative distribution of ratings. The four major categories considered were: Earning Policies, Redemption Policies, Rewards Value per $1 Spent and Eligibility & Transparency.

WalletHub calculated TD Bank Rewards Program point/mile values by comparing the dollar value of redemption items against the number of points/miles needed for each.