Canada is a popular destination for international students, and TD Bank offers a range of credit cards designed to meet their unique needs. These cards not only provide financial flexibility but also help students start building their Canadian credit history.
If you are an international student in Canada, you may be wondering how to get a credit card and what kind of card suits your needs and goals. Credit cards can be a useful tool for building your credit history, earning rewards, or saving on interest, but they also come with responsibilities and risks. Therefore, it is important to choose the right credit card for your situation.
TD Bank offers several credit cards for students in Canada, but not all of them are suitable for international students. As an international student, you need to have a TD International Student Banking Package, which includes a TD Student Chequing Account with no monthly fee and unlimited transactions each month, a savings account with a bonus interest rate and a credit card with no annual fee for the first year.
Best TD Credit Card For International Students
TD Rewards Visa Card
The TD Rewards Visa Card 2024 is a versatile credit card that offers a plethora of benefits to its users.
One of the most attractive features of the TD Rewards Visa Card is its no annual fee policy. This means that cardholders can enjoy the benefits of the card without having to worry about an annual fee.
The card has an interest rate of 19.99% for purchases and 22.99% for cash advances. These rates are competitive and in line with industry standards.
The TD Rewards Visa Card offers a generous rewards program and main attractions are:
- Cardholders earn 4 TD Rewards Points for every $1 spent on travel booked through Expedia For TD
- 3 TD Rewards Points for every $1 spent on groceries and restaurants
- 2 TD Rewards Points for every $1 spent on regularly recurring bill payments set up on the account
- 1 TD Rewards Point for every $1 spent on other purchases
- Mobile Insurance Upto $1000
- No annual fee
- 50% more stars at Starbucks
New cardholders can earn 19,697 TD Rewards Points (a value of $65 on Amazon) by keeping their account open, active, and in good standing for the first 90 days. Additionally, they receive a free 6-month Uber One membership (that’s $60 in value).
The card provides mobile device insurance of up to $1000, providing coverage in case of loss or damage to the phone.
There are no travel blackouts, no seat restrictions, and no expiry for TD Rewards Points as long as the account is open and in good standing. This makes it an excellent choice for frequent travelers.
Cardholders have the flexibility to redeem their TD Rewards Points on a wide variety of rewards at Expedia For TD, Starbucks, and more. They can also redeem their TD Rewards Points towards making purchases at Amazon with Amazon Shop Points.
To apply TD Rewards Visa Card, you need to have a TD International Student GIC and a TD Student Chequing Account. You can apply online or visit a TD branch near you.
TD Low Rate Visa Card
The TD Low Rate Visa Card is a popular choice among Canadians seeking a credit card with a low interest rate. In 2024, this card continues to offer a host of benefits that make it an attractive option for those who want to manage their credit wisely.
Low Interest Rates
The TD Low Rate Visa Card offers an annual interest rate of 12.90% on purchases and cash advances. This is significantly lower than the average credit card interest rate, making it an excellent choice for those who occasionally carry a balance.
Promotional Interest Rate
In addition to its already low interest rate, the TD Low Rate Visa Card offers a promotional interest rate of 8.99% on purchases for the first six months from account opening.
Minimal Fees
The TD Low Rate Visa Card has an annual fee of just $25, and there is no additional cardholder fee. This makes it a cost-effective choice for those seeking a low cost credit card.
Eligibility Requirements
To be eligible for the TD Low Rate Visa Card, you must be a Canadian resident and of the age of majority in your province of residence.
Additional Benefits
The TD Low Rate Visa Card offers several additional benefits. Cardholders have the option to purchase Travel Medical Insurance and Trip Cancellation/Trip Interruption Insurance. Additionally, cardholders can earn 50% more Stars at participating Starbucks stores. The card is also compatible with Apple Pay, Google Pay, and Samsung Pay, offering convenience and flexibility.
The TD Low Rate Visa Card is a solid choice for those seeking a low-interest credit card. With its competitive rates, minimal fees, and additional benefits, it offers great value for cardholders in 2024.
In TD Low Rate Visa Card you can ask for emergency cash advance upto $500.
The TD Low Rate Visa Card offers a lower interest rate compared to many other credit cards. It features an 8.99% promotional interest rate on purchases for the first six months from account opening. After the promotional period, the interest rate on purchases is 12.90%.
TD Cash Back Visa Card
The TD Cash Back Visa Card is a popular choice among students, and for good reason. With its $0 annual fee and competitive interest rates, it offers a compelling package for those seeking to maximize their cash back rewards
No Annual Fee
One of the most attractive features of the TD Cash Back Visa Card is its lack of an annual fee. This means that cardholders can enjoy the benefits of the card without having to worry about an additional yearly cost. This feature makes the card accessible to a wide range of students, regardless of their spending habits or budget.
Competitive Interest Rates
The TD Cash Back Visa Card offers an interest rate of 19.99% for purchases and 22.99% for cash advances. While these rates are fairly standard in the credit card industry, it’s always important for students to be aware of the interest rates associated with their cards.
Cash Back Rewards
The TD Cash Back Visa Card allows cardholders to earn Cash Back Dollars on all their purchases. You can earn 1% cashback on purchase of groceries and gas and 0.5% on all other purchases. This means that every time you use your card, you’re earning rewards that can be redeemed against your account balance or however you want and any time you want (minimum $25).
No Expiry on Cash Back Dollars
Another significant advantage of the TD Cash Back Visa Card is that your Cash Back Dollars never expire as long as your account is open and in good standing. This gives cardholders the flexibility to accumulate their rewards over time without the pressure to redeem them before a certain deadline.
The TD Cash Back Visa Card offers a robust rewards program with the added benefit of no annual fee and competitive interest rates. Whether you’re a frequent shopper or just looking for a reliable credit card, the TD Cash Back Visa Card is a worthy contender for your wallet.
The TD Cash Back Visa Card is another excellent option for international students. This card allows students to earn Cash Back Dollars on their purchases. These Cash Back Dollars can then be redeemed to help pay down the account balance.
Eligibility Requirements
To be eligible for these cards, students must meet certain requirements. They must be temporary or permanent residents of Canada for five years or less, be registered full-time at a post-secondary institution, and provide proof of their status.
Among the TD credit cards available for international students, the TD Rewards Visa Card is the best option. This card lets you earn TD Rewards Points on eligible purchases, which you can redeem for travel, merchandise, gift cards, or cash back. You can also use Interac e-Transfer to send money within Canada, and Visa Direct to send money internationally. TD will refund the transfer fee for one of each transaction per month for 6 months.
Conclusion
TD Bank’s credit cards for international students offer a range of benefits, from rewards programs to low interest rates. They provide a valuable tool for students to manage their finances and start building a Canadian credit history. For more information, students can visit the TD Bank’s website or nearby branch.
The TD Credit Card For International Students 2024 are credit cards that offers a wide range of benefits. Whether you’re a frequent traveler, a foodie, or someone who enjoys online shopping, this card has something to offer everyone.
Disclaimer: This article is intended for informational purposes only. Please consult with a financial advisor or the respective financial institution for more information.
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