The TD Cash Secured Credit Card helps you rebuild credit or improve your credit score, thanks to the fact that it is secured by the money you deposit in a savings account with the institution. In addition, you will get 3% cash back on dining, 2% at grocery stores, and 1% on other eligible purchases you make
Annual Fee
The annual fee for this credit card is $0.
Cashback
Up to 3% in cashback
Secured
This is a secured credit card so you will be required to put a deposit on your account.
Credit Reporting
TD Bank reports to all 3 credit bureaus and will check your Experian credit report to approve you.
SIMILAR CREDIT CARDS
If you are looking for a credit card that can help you rebuild your credit or improve your credit score, the TD Cash Secured Credit Card might be the perfect option for you. This credit card is different from unsecured credit cards in that it requires a cash deposit as collateral.
When you apply for the TD Cash Secured Credit Card, you will need to deposit a certain amount of money into a savings account which will be held as collateral for your credit card. The amount of the deposit will determine your credit limit, which can range from $500 to $5,000. This deposit will be held in a savings account, which means that it will earn interest and will be returned to you when you close your account.
One of the benefits of the TD Cash Secured Credit Card is that it can help you rebuild your credit or improve your credit score. As long as you make your payments on time, your credit score will start to improve. The credit card company will report your payments to the major credit bureaus, which means that your good credit habits will be reflected in your credit score.
Another benefit of the TD Cash Secured Credit Card is that you will earn cash back on your purchases. You will earn 3% cash back on dining purchases, 2% cash back on grocery store purchases, and 1% cash back on all other eligible purchases. This means that every time you use your credit card, you will earn cash back that you can use towards future purchases or to pay off your balance.
In addition to the cash back rewards, the TD Cash Secured Credit Card also comes with a variety of other benefits. These benefits include:
Travel and emergency assistance services: If you run into trouble while traveling, you can call the toll-free number for assistance with medical and legal referrals, emergency cash transfers, and more.
Auto rental collision damage waiver: If you rent a car and charge the rental to your TD Cash Secured Credit Card, you are covered against theft and damage to the rental car.
Zero liability protection: You are not liable for any unauthorized purchases made on your credit card.
Chip technology: The TD Cash Secured Credit Card comes with chip technology, which provides an extra layer of security when you use your credit card in person.
Mobile banking: You can manage your TD Cash Secured Credit Card account with the TD mobile banking app, which allows you to pay your bill, view your account activity, and more.
If you are looking for a credit card that can help you rebuild your credit or improve your credit score while also earning cash back rewards, the TD Cash Secured Credit Card might be the perfect option for you. With a variety of benefits and a low annual fee, this credit card can help you achieve your financial goals while also providing you with the convenience and security that you need.
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