TD Bank Canada is offering the TD Cash Back Visa Infinite Card. It has an introductory rate of 6% cash back on all purchases plus a full annual fee rebate for the first year, perfect for individuals looking to maximize their savings. To learn more about this card, read about what this has to offer.

Features and Benefits

Applicants who will be applying by February 25, 2019, are slated to get the full annual fee rebate for the first year. Another aspect that you need to consider as part of their offering is the 6% cash back for the first 3 months. Remember, this welcome bonus can be availed when users spent up to a total of $3,500. After the first 3 months, customers are entitled to get 3% cash back on eligible supermarket and gas transactions, as well as recurring bill payments. For all other purchase, 1% cash back will be extended.

Cash Back Dollars earned can be redeemed through a variety of ways. These include paying for your current account balance.

Other perks you can enjoy include travel insurance, exclusive discounts on travel and dining, and many more.

Requesting the Card

Individuals who have a minimum personal annual income of $60,000 or $100,000 household annual income can apply. Interested parties must be at least the age of majority in their province of residence and must be a permanent Canadian resident.

In filling out the online application form found on the TD Bank’s website, personal information such as contact number, address, an employment and financial details will be asked. If your application is approved, you will be given a credit limit starting from $2,000 depending on your creditworthiness.

Fees and Charges

The annual fee for the primary cardholder is $120. The TD Cash Back Infinite Visa Card also has an APR of 20.99% for purchases and 22.99% for cash advances.

In getting a credit card, factoring in the foreign currency conversion fee of 2.5% of the amount used and the cash advance transaction fee of 1% of the amount of the transaction is also in order.