The Best TD Bank Secured Credit Card & Alternatives

TD Bank is among the 10 largest financial companies in the U.S. It is said to be America’s Most Convenient Bank providing over 9 million customers with small business, retail, and commercial banking products and services in various locations throughout the Northeast, Metro D.C., Mid-Atlantic, the Carolinas, and Florida. You can also get other products, such as the TD bank secured credit card, that you can use for various financial transactions. 

A secured credit card is among the most valuable tools to boost your scores. You do not need credit scores to get a secured card since you can deposit money to act as security for the borrowed amount. You only need to be over 18 years and possess the correct documents. The credit limit corresponds with the deposit amount. Once you acquire substantial scores, you can get an unsecured credit card. You then get your deposit back for your usage.

Additionally, TD Bank offers customized private banking and wealth management services via TD Wealth & vehicle financing plus commercial dealer services through its TD Auto Finance service. The company’s headquarters are in Cherry Hill, N.J. TD Auto Finance offers new plus used vehicle financing via an extensive network of dealers across the U.S. Therefore, you get a lot from the financial company.

A magnificent ways to get TD secured credit card

If you wonder how to get a TD secured credit card, you should not worry since there are just a few steps to obtain one. To proceed, you only need to visit the TD Cash Secured Credit Card application page. The steps below are necessary.

A. Apply online 

You can get a secured credit card online. You only need to visit the application page and follow the steps below. 

1. Apply for the card

You can apply for the TD Cash Secured Credit Card online. Once you open the application page, locate the “Apply Now” tab and enter the necessary details. You then wait for the approval.

2. Open a savings account.

After approval, you should open a savings account. Most secured credit cards require you to have an account where you should put your deposit. You will receive instructions on opening and putting money in your TD Simple Savings account. The amount you deposit will act as your security deposit.

3. Fund your savings account

When your savings account becomes active, you should fund it with a minimum of $300 to secure your card. You can obtain the funds from your debit card, another TD Bank account, or an external bank. 

B. Visit a branch

Alternatively, one can visit the nearest TD Bank branch and apply for the card in person. You will still need to open a savings account to deposit the security of your card. 

Qualifications & Application Process

The credit card does not require credit scores. You need to send an application for approval. After that, you can deposit at least $300 in your account to use as security for the card. Therefore, the only way to get the card is by depositing the amount after opening a savings account. Generally, the application process is as follows.

1. Visit the card’s application page online or at a branch.
2. Apply for the card 
3. Wait for approval
4. Open a TD Simple Savings account 
5. Deposit security funds
6. Receive your card and activate

Benefits TD Bank Secured Credit Card

Various benefits come with the card. They include the following.

1. The card allows you to build your credit scores.
2. Emergency card replacement when the card is lost
3. Cell phone protection when your phone is lost or damaged
4. Roadside dispatch 
5. Identity theft protection

TD Bank credit cards Alternatives

Apart from the TD Cash Secured Credit Card, you can still get other credit cards from the institution. They include the following. 

1. TD Double Up Credit Card

The card allows you to earn 2% cash back and 1% when you buy with the card, plus 1% when you redeem into a qualifying TD Bank Deposit Account. Additionally, you earn $100 Cash Back after spending $1,000 during the first 90 days of account opening. 

Application process & benefits 

You can apply for the card online or visit the nearest TD bank branch to get it. The card comes with various benefits. You can receive rewards for buying goods and services with the card. Also, it has no annual fees, and thus you will be able to save big.  

2. TD Cash Credit Card

 You can get the card and earn $150 Cash Back after spending $500 in your first 90 days after opening your account. Also, you can earn 3% Cash Back when you use the card for dining. 

Application process & benefits

Like the other cards, you can apply for the card online or at a TD Bank branch. The card comes with various benefits, such as;

1. Cash-back rewards
2. Low Introductory APR Offer
3. Zero annual fees

3. TD business credit card 

Suppose you operate a business and are looking for a credit card to fund your operations when in need. In that case, you can opt for the TD Business Visa Credit Card. The card charges an annual fee of $50. You can get a minimum credit limit of $1,000. It is possible to manage your TD Business Visa Account online to track your expenditure. Also, the card allows you to access insurance protection.

 Application process & benefits

You can get the card from a TD Bank branch or apply online. You can even call the bank to apply. Benefits you can enjoy from the card include;

1. Emergency Travel Assistance Services
2. Common Carrier Travel Accident Insurance
3. Delayed and Lost Baggage Insurance
4. Chip and PIN technology
5. Discounts on some business purchases. 

How do I activate my new TD Credit Card?

Once you get your credit card, you must activate it to use the various services. To activate a TD Bank credit card, contact customer care at 1 (888) 561-8861. You can also call the number on the activation sticker of your card or visit the TD Bank activation website. Another way to activate a TD Bank credit card is through the mobile app.

Bottom line 

TD Bank is one of the 10 largest banking companies in the U.S. It is said to be America’s Most Convenient Bank providing over 9 million customers with small business, retail, and commercial banking products and services. The bank allows you to build your credit score using a secured credit card. You can get the TD Cash Secured Credit Card to build your scores when you deposit security of at least $300.

For Your Kind Preference:

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2. Can I Transfer Funds From TD To Another Bank