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The TD Double Up Credit Card offers a high cash back rewards rate and no annual fee. With no rotating spending categories to worry about, it could be a great choice for consumers who want an excellent cash back rewards card for everyday use. Read our full expert review to find out if it's a good fit for you.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Credit Score:
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Recommended Credit Score required for this offer is: Good (670-850)
Poor
Fair
Good
Excellent
300-579
580-669
670-739
740-850
Credit Score
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Good (670-850)
Intro APR
0% introductory APR balance transfers for first 15 billing cycles after account opening.
Purchases: N/A
Balance Transfers: 0%, 15 billing cycles
Regular APR
20.24%, 25.24% or 30.24% (Variable)
Rewards
Earn unlimited 2% Cash Back on all eligible purchases.
2% cash back
Annual Fee
$0
Welcome Offer
Earn $100 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening.
$100 cash back
The TD Double Up Credit Card is a solid cash back credit card with a high rewards rate on all purchases.
High everyday rewards rate
No earnings cap
Great for balance transfers
Solid welcome offer
No annual fee
No bonus categories
Balance transfer fee
Generally high fee structure
Earn unlimited 2% Cash Back on all eligible purchases – no rotating Spend Categories, no caps or limits
Bonus Cash Back: Earn $100 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening
Balance transfers: 0% introductory APR balance transfers for first 15 billing cycles after account opening. After that, 20.24%, 25.24% or 30.24% variable APR based on your credit worthiness
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
Get Visa benefits like cell phone protection when you pay your monthly mobile bill with your card
No annual fee
Credit card comparison
We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Best for cash back on rotating categories
Discover will match all the cash back you've earned at the end of your first year.
N/A
1% - 5% Cashback
Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Best for cash back
Up to $300 cash back
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.
1.5% - 5% cash back
Enjoy 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases
Intro:
0% Intro APR on Purchases and Balance Transfers for 15 months
Purchases: 0% Intro APR on Purchases, 15 months
Balance Transfers: 0% Intro APR on Balance Transfers, 15 months
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Best for earning travel rewards
75,000 Miles
75,000 Miles once you spend $4,000 on purchases within 3 months from account opening
2X-5X miles
Earn unlimited 2X miles on every purchase, every day. Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options.
This credit card is a good fit for: Consumers who want a high cash back rate and solid welcome bonus without having to worry about rotating spending categories.
Top perks
The TD Double Up Credit Card is designed to be a great cash back rewards credit card for everyday use. Here are some of the main benefits of using the card.
High rewards rate with no limits
The TD Double Up Credit Card offers a 2% cash back rewards rate on all purchases with no caps or limitations. This is among the highest flat-rate cash back percentages in the industry, especially with no limitations or special requirements.
Great for balance transfers
The TD Double Up Credit Card offers new customers a 0% intro APR on balance transfers for the first 15 billing cycles after opening an account. While balance transfers have a fee of $5 or 3% of the amount of each transfer, whichever is greater, this could still save you significant money on interest if you move your existing credit card balances to your TD Double Up Credit Card.
Welcome bonus
While it isn't the best welcome bonus in the industry, the TD Double Up Credit Card offers $100 cash back after meeting a relatively low $1,000 spending threshold within the first 90 days of opening an account.
What could be improved
As mentioned, no credit card is perfect, so here are some of the potential drawbacks to keep in mind.
No bonus categories
To be fair, the 2% cash back reward rate of the TD Double Up Credit Card is among the highest in the industry, but some consumers would do better to find cards with higher rates in certain categories where they spend the most. There are cards with 3%-6% reward rates on categories such as groceries, gas, and travel, so if you spend a lot of money in any given spending category, it could be worth looking into a few alternatives.
Some high fees
The TD Double Up Credit Card doesn't have an annual fee, but it does have some fees that are on the higher end of the spectrum. The balance transfer fee of $5 or 3% of the amount of each transfer, whichever is greater, is on par with peers, but a 5% (minimum $10) cash advance fee is on the high end. There's a 3% foreign transaction fee, which makes the card not ideal for those who travel internationally often. And for late payments or returned payments, TD charges $40.
Suggested credit score
The TD Double Up Credit Card is designed for customers who have an average FICO® Score or better, which can be thought of as about 700. Having said that, there are several other factors used in credit card approvals, such as your income, employment situation, and other debts. It's entirely possible to get approved with a lower FICO® Score, and it's possible to not get approved with an above average FICO® Score.
The TD Double Up Credit Card is right for you if:
The TD Double Up could be a great fit for you if you don't want to worry about spending categories, and simply want a no annual fee credit card that gives you a solid rewards rate on all eligible spending.
Our credit card methodology
At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.
We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.
FAQs
The TD Double Up Credit Card has one of the best cash back rewards rates for purchases, and without any limitations. It also has a solid balance transfer offer as well as a welcome bonus for new cardholders.
While the TD Double Up Credit Card doesn't have an annual fee, there are some fees you should know about. There's a balance transfer fee of $5 or 3% of the amount of each transfer, whichever is greater, a 5% cash advance fee, and a foreign transaction fee of 3% of each transaction in U.S. dollars. Plus, there's a $40 fee for late or returned payments, which is on the high end of the spectrum.
There are a few redemption options. You'll need at least 2,500 points to redeem, and you can get $0.01 per 1 point as a statement credit or deposited directly into your bank account. There are other redemption options, such as gift cards and merchandise, but the two cash back options are generally best.
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We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
Discover Financial Services is an advertising partner of The Ascent, a Motley Fool company. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Citigroup is an advertising partner of The Ascent, a Motley Fool company. Matt Frankel has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Target, and Visa. The Motley Fool recommends Discover Financial Services. The Motley Fool has a disclosure policy.
The Motley Fool owns shares of and recommends Visa.
The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters.
Fact Checked
Nathan Alderman
