Low Interest
TD Low Rate Visa Card
TD Canada Trust
Current Welcome Offer
Get a 0% promotional interest rate on Purchases for the first 6 months.
Annual Fee
$25
Purchase APR
12.90%
Cash Adv. APR
12.90%
RateBuddy Verdict
The Good
- Features an exceptional 0% introductory interest rate on purchases for your first 6 months, perfect for financing a large upcoming expense.
- The standard ongoing interest rate is only 12.90% (significantly lower than the standard 20.99%), helping you save on interest if you regularly carry a balance.
- Allows you to add supplementary cardholders to your account for absolutely $0.
The Trade-offs
- Does not earn any cash back or travel rewards points on your daily spending.
- Charges a $25 annual fee, whereas some competitors offer basic low-interest cards for $0 (though generally at slightly higher interest rates).
- Completely lacks embedded credit card insurance like travel medical, trip cancellation, or car rental collision coverage.
Rewards & Earnings
Base Rate 0.00%
Rewards Summary: Base Earn: None; This card does not earn points or cash back. It is designed strictly for interest savings and financing purchases.
- All Purchases: No points or cash back earned
Welcome Bonus Details
Get a 0% promotional interest rate on Purchases for the first 6 months from Account opening.
Features & Benefits
Extended Warranty Insurance
Included (Up to 12 additional months)
Purchase Security Insurance
Included (90 days)
Low Purchase Interest
12.90% ongoing rate on purchases and cash advances
Introductory 0% APR on Purchases
0% introductory interest rate on purchases for the first 6 months
Additional Perks
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Insurance Coverage
Purchase Security: 90 days; Extended Warranty: +1 Year; Note: This card does not include embedded Travel, Medical, or Car Rental insurance benefits.
Rates & Fees Details
| Purchase APR | 12.90% |
|---|---|
| Cash Advance APR | 12.90% |
| Annual Fee | $25 |
| Supplementary Card | $0.00 |
| Income Required | No specific requirement listed. |