All travel redemption must be booked through TD's rewards portal or applied as a credit.Ĭardholders get the most from their rewards by using the card for dining- and food-related purchases because these categories have the highest earning rates. There's no way to transfer points to partners. The minimum threshold is $25 when you're redeeming for cash back. Points used for other redemptions, such as for merchandise, can be worth less than one cent apiece. Points are worth one cent each when they're redeemed for cash, gift cards, and travel through TD’s rewards portal. Rewards Redemption DetailsĬardholders can redeem rewards by logging into. Groceries purchased at superstores or warehouse clubs don't receive 2% cash back. A cardholder receives three points for each eligible dollar spent when they spend on dining. TD lists its tiered earnings in terms of 3%, 2%, and 1% cash back on dining, grocery stores, and all other purchases respectively, but cardholders actually accumulate points, which can then be redeemed for cash. These points can be redeemed for $150 cash back. This card works as an acceptable option, too, for cardholders who want a solid bonus and consistent cash back without worrying about rotating categories,Ĭardholders receive 15,000 points when they spend at least $500 within 90 days of their account opening. The TD Cash card can also work well for those who like to dine out, with a pleasant 3% back on restaurant expenditures. The TD Cash card can provide a way to earn 2% on their supermarket trips, rather than dropping to 1%, for those who reach this threshold. The cash back rate drops to 1% after this point. The TD Cash card is ideally suited for anyone who wants to earn cash back rewards with their spending and get extra rewards for dining and grocery spending. This card is well suited as a secondary card for those who spend considerably on groceries that have a specific card for those purchases that have capped earnings.įor example, the Blue Cash Everyday card offers 3% cash back on groceries but limits cardholders to $6,000 in purchases per year. Other cards, like the Capital One Quicksilver, allow you to redeem cash rewards with no minimum requirement. Minimum amount required for cash back redemption: Cardholders must rack up enough points to get $25 (that’s 2,500 points) before becoming eligible to start redeeming.New cardholders should consider whether the interest savings offset the balance transfer fee before choosing this option. Balance transfer offer: This card comes with a balance transfer offer of 0% APR for 12 billing cycles, but the TD Cash card does charge a balance transfer fee of $5 or 3%, whichever is greater.No annual fee: Cardholders don't have to worry about earning enough cash back rewards to offset an annual fee.The American Express Blue Cash Everyday card offers up to $200 back after you spend $2,000 in purchases during the first six months. But other cards require you to spend much more. The Capital One SavorOne card has the same spending requirement and offers a $200 bonus. Receiving a 30% return on your spending for the bonus requirement is a fairly nice offer for a cash back card with no annual fee. Generous one-time bonus: You'll receive $150 cash back when you spend $500 within 90 days of opening your account.Minimum amount required for cash back redemption
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