TD Bank Introduces Enhanced Cash Back Rewards for Secured Credit Cards

Friday, 9 August 2024, 13:15

TD Bank has improved its secured credit card offerings by increasing cash back rewards to a maximum of 3%. To take advantage of this offer, applicants must receive conditional approval and open a TD Simple Savings account, where they can deposit between $300 and $5,000 to secure their credit limit. This move aims to provide greater incentive for consumers to utilize secured credit options and can benefit those looking to build or improve their credit score.
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TD Bank Introduces Enhanced Cash Back Rewards for Secured Credit Cards

TD Bank's New Reward Structure

TD Bank has announced a significant change in the rewards structure for its secured credit cards.

Cash Back Offer

  • The new offer provides up to 3% cash back on eligible purchases.
  • Applicants must open a TD Simple Savings account.
  • A deposit ranging from $300 to $5,000 is required to secure their credit line.

Conclusion

This update not only provides enhanced rewards for cardholders but also facilitates better credit management for users.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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