TD Bank Credit Card, $200 Cash Back & 5% in 3 Categories

TD Bank has brought back up the sign up bonus for their credit cards from $100 to $200. You can now sign up for the TD Easy Rewards or the TD Cash Rewards credit card and spend $500 within the 90 days after account opening and you will receive a bonus of 20,000 points/$200 cash back

TD Easy Rewards Visa Credit Card

We have seen this offer last year and now it will be available until March 31st May 31st, 2015. Both cards are very similar, so you can apply for either one. However with the Easy Rewards card the rewards can be redeemed online, while you have to call in for the Cash Rewards card.

The cards also have 5% back in certain categories for the first 6 months. You’ll receive that cashback rate at supermarkets, gas stations, dining and cable, phone and utility bills. All other purchases earn 1%. TD Bank has frozen account in the past for abuse, but it is a nice added bonus for those who spend heavily in those categories.

Card Details

  • Earn 20,000 bonus points, which can be redeemed for $200 cash back when you spend $500 within 90 days after account opening.
  • Earn 5x rewards points on eligible purchases with your TD Visa credit card, including dining, groceries, gas and cable, phone and utility bill payments for the first 6 billing statements after account opening
  • Earn 1 point for every $1 spent on all other categories
  • Enjoy 0% Intro APR on balance transfers for 12 billing cycles and 9.24%- 23.24% variable APR thereafter. There is a 4% balance transfer fee (minimum $10) for each transfer. Minimum balance transfer request amount is $250
  • Unlimited rewards – no point caps, points do not expire
  • Enjoy Visa Signature benefits*, such as complimentary 24/7 concierge service, access to exclusive events, special shopping perks and more, if your credit limit is at least $5,000
  • No annual fee

This in an OK deal and I do spent a bit in the 5% categories. The sign up bonus is very low, and the 5% categories only last 6 months. Even in those 6 months, you can’t overdo the spending. I will apply for the card only if I have some other applications to go with it, but I would skip the credit hit just for this card.

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8 thoughts on “TD Bank Credit Card, $200 Cash Back & 5% in 3 Categories

  1. lol! Yes you’re very right. But I searched by calling the credit co. and going to their website but I didn’t find answers. :o)

  2. May I know ASAP whether the quarterly 5% cash back covers these restaurants please, (ALL in Manhattan)?:

    Blossom Organic Cafe
    Candle Café
    Gustorganics
    V-Note
    PEACEFOOD CAFE
    Loving Hut
    TIENGARDEN
    Seasoned Vegan

    These are the ONLY restaurants my friends, family and I go to, because thy are VEGAN.

    Also, does it cover the cable companies like RCN? Thank you very much for prompt response!

    Adela Pisarevsky

    • You will receive 5% cash back at any restaurant if it is coded as such.

      “Restaurant purchases are those made at merchants classified as full-service restaurants, cafes, cafeterias and fast food locations. “

      • Thank you, but how do I know which merchants are coded for the 5%? It’s important to me to know because otherwise I can use my other card that gives 1.5% for everything regardless, as opposed to just the usual 1% of this card!

        Why couldn’t this credit card give out a list of all restaurants (and of the other categories as well) as Chase Freedom does? This way, I know for sure which type of card I should use for the designated period.

        As to “utilities” does it cover cable too?

        Thanks again.

        • I think you should be OK. All restaurants will code as such, unless it is a sketchy place. So 99.9% of the time you will get the 5% cash back. I think this option is better than having a list of restaurants and worrying about checking if a restaurant is included or not.

          Yes, cable is included in the utilities.

          • Thank you Danny, well, I’ll abide by your advice. I also asked them, not to you, whether they considered supermarkets “groceries” and no answer….. :o) Thanks again.

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