TD Low Rate Visa* Card
- Primarily designed as an interest-minimization vehicle rather than a rewards aggregator.
- Features significantly reduced purchase and cash advance interest rates (12.90%) compared to standard premium cards.
This card has no rewards program. It focuses on low interest rates rather than earning points or cash back.
Welcome bonus
Get a 0% promotional interest rate on purchases for the first 6 months.
Key facts
Annual fee
$25.00
Standard fee schedules apply.
Purchase APR
12.9%
Cash advance APR
12.9%
Foreign transaction fee
2.5%
Income required
No minimum income requirement disclosed
Credit score
660+
Balance transfer fee
1.5% of amount transferred
Quebec residents — terms may differ
Standard low rates apply in Quebec, with a mandatory 5% minimum monthly payment.
Rates and fees sourced from TD's official card page →
Perks & benefits
Primarily designed as an interest-minimization vehicle rather than a rewards aggregator.
Features significantly reduced purchase and cash advance interest rates (12.90%) compared to standard premium cards.
This card has no rewards program. It focuses on low interest rates rather than earning points or cash back.
Insurance coverage
- Purchase security (90 days) and extended warranty protection (up to 12 additional months).
- Optional purchase available for Travel Medical and Trip Cancellation/Interruption.
Pros & cons
Pros
- Low regular APR helps reduce the cost of carrying a balance
- 0% intro purchase rate adds short-term financing flexibility
- Low annual fee keeps overall holding costs manageable
- Includes purchase security and extended warranty coverage
Cons
- No built-in points or cash back rewards program
- Travel insurance is optional rather than included
- Foreign transaction fee is not clearly disclosed on page
- Income requirement is not clearly disclosed on the card page
Eligibility requirements
- Canadian resident, age of majority.
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