Why we love this card: The TD Double Up℠ Credit Card gives cardholders unlimited 2% cash back on all qualifying purchases with no annual fee.
- Simple rewards structure
- No annual fees
- 0% introductory APR period on balance transfers
- Only available to residents of select states
- Foreign transaction fees
- Modest welcome bonus
TD Double Up Credit Card: Overview
- introduction: 0% introductory APR for the first 15 billing cycles after that (after that, your APR will be 20.24%, 25.24%, or 30.24%, based on your creditworthiness)
- buying: 20.24%, 25.24% or 30.24% depending on your creditworthiness
- Balance transfer: 20.24%, 25.24% or 30.24% based on your creditworthiness plus $5 or 3% of the amount of each transfer, whichever is greater
- Cash advance: 30.49% variable APR plus $10 or 5% of each cash advance amount, whichever is greater
- penalty: Up to $40 for late and returned payments
Annual fees: $0
Foreign transaction fees: 3% of each transaction is in US dollars
The TD Double Up℠ Credit Card is a fixed cash back card that offers 2% cash back on all qualifying purchases with no cap on the rewards you can earn. While cash back cards with recurring categories can require more effort and time, the TD Double Up℠ Credit Card is easy to use, and you’ll get a modest welcome bonus without spending money on an annual fee.
The main downside of this card is that it is not available to cardholders everywhere. So, if you’re not located on the East Coast, you might be out of luck as the card is only available to residents of the states where TD Bank is located: CT, DE, FL, ME, MD, MA, NC, NH, NJ, NY, PA, RI, SC, VA, VT, and DC.
TD Double Up Credit Card: Rewards
With the TD Double Up℠ Credit Card, cardholders earn unlimited 2% cash back on all qualifying purchases.
Does the TD Double Up Credit Card offer a bonus for new customers?
TD Double Up cardholders are eligible for a welcome bonus of $100 cash back as a statement credit after they spend $1,000 within 90 days of card opening. If you’re looking for a credit card with a generous welcome bonus, many no-annual-fee cards on the market give larger welcome bonuses.
How to redeem your TD Double Up Credit Card Rewards
Redeem for cash
To redeem your rewards as either a statement credit or direct deposit, you’ll need at least 2,500 points — or $25 worth of rewards because each point is worth one cent.
Buy goods online
Through TDRewards.com, cardholders can purchase items such as appliances, electronics and accessories with their points. You’ll usually get less redemption this method than if you redeemed your points for cash back.
Buy gift cards
Cardholders can also use points to purchase gift cards from several retailers such as American Eagle Outfitters, Apple and Costco.
Is the TD Double Up Credit Card right for you?
The TD Double Up Card can be a solid choice if you want a fixed cash back card with no annual fee and a small welcome bonus. However, to be eligible, you must live in a state that falls under TD jurisdiction. Cardholders who plan to transfer balances between cards can also take advantage of the card’s 0% introductory APR for the first 15 billing cycles after that (after that, your APR will be 20.24%, 25.24%, or 30.24%, based on your creditworthiness ).
Credit cards similar to the TD Double Up Credit Card
Cardholders not located in states within TD’s scope can consider the Citi® Double Cash Card and the Wells Fargo Active Cash® Card, which are flat 2% cash back cards with a $0 annual fee.
Wells Fargo Active Cash vs. TD Double Up Credit Card
Like the TD Double Up Card, Wells Fargo Active Cash offers cardholders unlimited 2% cash rewards on qualifying purchases. Cardholders can also get a bigger bonus (with lower spending requirements) with this card: You’ll receive $200 in cash rewards if you spend at least $500 within three months of opening the card.
And if you want an introductory 0% APR card for purchases and balance transfers, Active Cash has you covered: You’ll receive an introductory 0% APR for 15 months on qualifying purchases and balance transfers.
Citi Double Cash Card vs. TD Double Up Credit Card
Likewise, the Citi® Double Cash Card offers cardholders unlimited 2% cash back on qualifying purchases with no annual fee but no welcome bonus.
However, cardholders will only get the full 2% cash back when they pay the minimum amount of their credit card bill: Cardholders get 1% cash back when they make a purchase and another 1% when they pay for the purchase.
Cardholders who plan to initiate balance transfers between cards may take advantage of the 0% introductory APR on balance transfers for 18 months (after that, the variable APR will be 19.24% – 29.24%, based on your creditworthiness).
Frequently asked questions
Is TD Double Up a good credit card?
If you want an unlimited 2% cash back card with no annual fee, TD Double Up might be a good credit card for you — as long as you reside in a state where this card is available.
Does the TD Double Up Credit Card charge any fees?
The TD Double Up Credit Card has no annual fee. However, the card charges fees for foreign transactions, cash advances, balance transfers, and late payments.
Does TD offer credit limit increases?
Yes, cardholders can inquire about increasing the credit limit by contacting TD Card Services.
Please note that card details are accurate as of the date of publication, but are subject to change at any time at the discretion of the issuer. Please contact your card issuer to verify rates, fees and benefits before applying.