Low Interest
No Annual Fee
Business
TD Business Select Rate Visa Card
TD Canada Trust
Annual Fee
$0
Purchase APR
11.99%
Cash Adv. APR
11.99%
RateBuddy Verdict
The Good
- Charges $0 in annual fees for both the primary and supplementary cards, while offering a highly competitive 11.99% default interest rate.
- Provides the flexibility to pay a $49 annual fee to drop your ongoing interest rate down to an ultra-low 8.99% if you carry a large balance.
- Uniquely includes Auto Rental Collision/Loss Damage Insurance, which is a rare and valuable inclusion for a no-fee, low-interest card.
The Trade-offs
- Does not earn any cash back or travel rewards points on your daily business spending.
- Unlike the personal TD Low Rate Visa, it does not currently offer a 0% introductory promotional rate on purchases.
- Does not include built-in Travel Medical, Trip Cancellation, or Flight Delay insurance (some are offered only as paid optional upgrades).
Rewards & Earnings
Base Rate 0.00%
Rewards Summary: Base Earn: None; This card does not earn points or cash back. It is designed purely to save your business money on interest charges.
- All Purchases: No points or cash back earned
Welcome Bonus Details
Features & Benefits
No Annual Fee
No annual fee (for the standard 11.99% rate tier)
Car Rental Collision/Loss Damage Waiver
Coverage for up to 48 consecutive days
Extended Warranty Insurance
Included (Up to 12 additional months)
Purchase Security Insurance
Included (90 days)
Low Purchase Interest
11.99% ongoing rate (Option to lower to 8.99% for $49/year)
Expense Management Tools
Includes TD Card Management Tool for spend controls
Employee Cards
Add employee cards for $0/year
Additional Perks
- :
- :
- :
- :
- :
Insurance Coverage
Car Rental Collision: 48 days; Purchase Security: 90 days; Extended Warranty: +1 Year. (Note: Travel Medical and Trip Cancellation are optional).
Rates & Fees Details
| Purchase APR | 11.99% |
|---|---|
| Cash Advance APR | 11.99% |
| Annual Fee | $0 |
| Supplementary Card | $0.00 |
| Income Required | No specific requirement listed. |