TD Business Solutions Credit Card Review
This article is part of a larger series onBest Small Business Credit Cards.
TD Business Solutions Credit Card is best for small and medium-sized businesses (SMBs). It’s asmall business credit cardthat offers 1% cash back on purchases and $250 cash back via statement credit after spending $1,500 within 90 days after opening your account. You canincrease your credit limit with TD Bank, which requires excellent credit to qualify for its cards.
If you wish to compare one card over another, choose a maximum of three cards on this page and clickAdd to compareto view the details in a side-by-side comparison.
TD Business Solutions Credit Card
BEST FOR:
Business owners who already have existing accounts with TD Bank
- Earn unlimited 1% cash back on purchases with no rotating categories, no caps, or limits for as long as your credit card account is open and in good standing. An additional 1% after redeeming it into an eligible TD Bank account, making it a total of 2% cash back.
Pros
- No annual fees
- No cap on cash back rewards
- With sign-up bonus
Cons
- No interest-free financing option on both purchases and balance transfers
- 与外国transaction fees
- With balance transfer fees
- Cellphone protection:Can get reimbursement for your stolen or damaged cellphone when paying for your wireless phone bill with your TD Business Solutions Credit Card
- Extended warranty protection:添加一个额外的年selec覆盖t items that was purchased with your TD Business Solutions Credit Card
- Roadside dispatch®:Get access to 24/7 roadside service with this pay-per-use program. Note that certain terms and conditions will apply.
- Auto rental collision damage waiver:When using TD Business Solutions Credit Card to rent a vehicle, you’ll get built-in coverage for physical damage, vandalism and theft, reasonable and customary towing
- Travel and emergency assistance services:A single phone call will get you the help needed anywhere in the world
- Earn unlimited 1% cash back on purchases with no rotating categories, no caps, or limits for as long as your credit card account is open and in good standing. An additional 1% after redeeming it into an eligible TD Bank account, making it a total of 2% cash back.
Pros
- No annual fees
- No cap on cash back rewards
- With sign-up bonus
Cons
- No interest-free financing option on both purchases and balance transfers
- 与外国transaction fees
- With balance transfer fees
- Cellphone protection:Can get reimbursement for your stolen or damaged cellphone when paying for your wireless phone bill with your TD Business Solutions Credit Card
- Extended warranty protection:添加一个额外的年selec覆盖t items that was purchased with your TD Business Solutions Credit Card
- Roadside dispatch®:Get access to 24/7 roadside service with this pay-per-use program. Note that certain terms and conditions will apply.
- Auto rental collision damage waiver:When using TD Business Solutions Credit Card to rent a vehicle, you’ll get built-in coverage for physical damage, vandalism and theft, reasonable and customary towing
- Travel and emergency assistance services:A single phone call will get you the help needed anywhere in the world
When grading cash back business credit cards like theTD Business Solutions Credit Card, we first consider the ongoing and introductory rewards. We also consider annual fees, introductory and ongoing annual percentage rates (APRs), and other card benefits.
Grading Criteria |
Card Score |
尽可能高的分数 |
---|---|---|
Ongoing Rewards
|
20 |
30 |
Introductory Rewards
|
10 |
20 |
Annual Fee
|
15 |
15 |
Additional Features
|
12 |
15 |
Introductory APR
|
0 |
10 |
Ongoing APR
|
8 |
10 |
Total Score
|
65 |
100 |
Who the TD Business Solutions Credit Card Is Best For
- Those who already have existing accounts with TD Bank:Those who already have a savings orchecking account with TD Bankcan apply for this card. You’ll receive an additional 1% cash back after redeeming rewards into an eligible TD Bank account.
If this isn’t the card for your business, check out our guide to thebest small business credit cards.
TD Business Solutions Credit Card Fees
4月
- Introductory APR:N/A
- Ongoing APR on purchases and balance transfers: 16.24%, 21.24%, or 26.24% variable APR depending on credit score
- Cash advance APR:27.49% variable APR
- Due date:At least 25 days after the close of each billing cycle
- Minimum interest charge:No less than $1
Fees
- Annual:None
- Balance transfer:Either $5 or 3% of the transfer, whichever amount is greater
- Cash advance:Either $10 or 5% of the advance, whichever amount is greater
- Foreign transaction:3% per transaction in United States dollars
- Late payment:Up to $40
- Returned payment:$39
TD Business Solutions Credit Card Rewards
- $250 cash back in the form of a statement credit after spending $1,500 within the first 90 days after opening the account
- Unlimited 1% cash back on purchases with no rotating categories, caps, or limits—as long as your credit card account is open and in good standing; additional 1% after redeeming it with an eligible TD Bank account, making it a total of 2% cash back
How To Make Payments on the TD Business Solutions Credit Card
- Online banking: You can pay online through the TD Bank website.
- Phone: Call TD Bank at (888) 561-0608 to process your credit card payments.
- TD Bank (US) mobile app:Use theiOSandAndroidmobile apps to pay bills.
- In person:Go to thenearest TD Bankwhere you can pay your credit card bills
TD Business Solutions Credit Card Features
TD Bank features
- 卡本身curity:TD Bank, in collaboration with Visa, offersVisa Zero Liability. If your card is lost, stolen, or fraudulently used, you won’t be held responsible for unauthorized charges made with your account information.
- Digital wallet:Adding your TD cards to your mobile device will let you simplify your online, in-store, and in-app purchases.
- Instant credit card replacement:In the event that your card is either lost or stolen, you can get an immediate replacement at the nearest TD Bank branch.
Visa features
- Cellphone protection:Get reimbursement for your stolen or damaged cellphone when paying for your wireless phone bill with this card.
- Purchase security:In the event that a purchase is stolen or damaged due to fire, vandalism, accidentally discharged water, or certain weather conditions within the first 90 days, purchase security can replace, repair or reimburse the eligible item.
- Extended warranty protection:添加一个额外的年selec覆盖t items that were purchased with this card.
- Roadside dispatch®:Get access to 24/7 roadside service with this pay-per-use program. Note that certain terms and conditions will apply.
- Travel and emergency assistance services:A single phone call will get you the help needed anywhere in the world
- Auto rental collision damage waiver:When using this card to rent a vehicle, you’ll get built-in coverage for physical damage, vandalism, and theft, and reasonable and customary towing.
Pros & Cons of the TD Business Solutions Credit Card
PROS | CONS |
---|---|
No annual fees | No interest-free financing option for both purchases and balance transfers |
No cap on cash back rewards when purchasing qualified products | Foreign transaction fees at 3% of every transaction in US dollars |
Signup bonus of $250 cash back―in the form of a statement credit―after you spend $1,500 within the first 90 days of opening an account | Balance transfer fees, which can be either $5 or 3% of the amount of each transfer, whichever is greater |
TD Business Solutions Credit Card Alternatives
Chase Ink Business Unlimited®
- Chase Ink Business Unlimited® offers straightforward cash back rewards at a fixed rate of 1.5% for every $1 spent on any business purchase
- Ourbest small business credit cardandmost-recommended business credit card for new businesses with no credit history
- Introductory APR of 0% on purchases for the first 12 billing cycles.
- Introductory bonus of $750 cash back after spending $7,500 within the first three months of card ownership
Ink Business Unlimited® Credit Card
BEST FOR:
Those who want fixed-rate 1.5% cash back on all purchases
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver:You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services:Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection:You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection:Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection:收到手机布鲁泰克的1000美元索赔tion against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver:You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services:Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection:You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection:Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection:收到手机布鲁泰克的1000美元索赔tion against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
American Express Blue Business CashTM
- American Express Blue Business CashTMoffers 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% after that
- Ourbest cash back business cardand one of ourtop-recommended small business credit cards
- 0% introductory APR on purchases for the first 12 billing cycles
- No need to transfer your rewards to your personal account as all cash back earned is credited to your statement automatically
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power:Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and helps get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts to your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- 租车损失和损害保险:As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.24% - 26.24%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power:Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and helps get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts to your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- 租车损失和损害保险:As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Capital One® Spark® Cash Select Good Credit
- Capital One® Spark® Cash Select Good Credit offers an interest-free financing option of 0% on purchases for the first 12 billing cycles
- One of ourleading business credit cards for consultantsandtop business credit cards for the self-employed
- Unlimited 1.5% fixed-rate cash back on all purchases; can be redeemed upon request in the form of a statement credit or a check by mail
Capital One® Spark® Cash Select Good Credit
BEST FOR:
Businesses with good credit that want a 0% introductory APR and fixed 1.5% cash back rewards
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions
Pros
- No annual, balance transfer, and foreign transaction fees
- With intro 0% APR on purchases
- Free employee cards
Cons
- No intro 0% APR on balance transfers
- No sign-up bonus for their new cardholders
- With high cash advance and penalty APRs
- Zero fraud liability:If your card is lost or stolen, you can get an emergency replacement and a cash advance
- Roadside assistance:Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing
- Free employee cards:You can track employee spending while earning all the rewards from their purchases by issuing free employee cards. In addition, you can set customized spending limits for employee cards and see transactions as soon as they post
- Purchase records:You can quickly and securely download your purchase records in different formats, such as Quicken®, QuickBooks®, and Excel®
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions
Pros
- No annual, balance transfer, and foreign transaction fees
- With intro 0% APR on purchases
- Free employee cards
Cons
- No intro 0% APR on balance transfers
- No sign-up bonus for their new cardholders
- With high cash advance and penalty APRs
- Zero fraud liability:If your card is lost or stolen, you can get an emergency replacement and a cash advance
- Roadside assistance:Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing
- Free employee cards:You can track employee spending while earning all the rewards from their purchases by issuing free employee cards. In addition, you can set customized spending limits for employee cards and see transactions as soon as they post
- Purchase records:You can quickly and securely download your purchase records in different formats, such as Quicken®, QuickBooks®, and Excel®
Bottom Line
TD Business Solutions Credit Card is best for business owners who have active TD Bank savings or checking accounts. One unique thing about it’s how much cash back you can get, especially if you have an active TD Bank account that you can connect it with. You get unlimited 1% cash back on purchases and a welcome offer of $250 after spending $1,500 within the first 90 days of card ownership. It also offers fraud and purchase protection benefits.