Editor’s note: This is a recurring post with regularly updated card details.
TD Business Solutions Credit Card lets you earn unlimited fixed-rate cash back on all purchases without having to monitor spending categories. It has a $0 annual fee and comes with Visa benefits, including purchase security and extended warranty protection. While it doesn’t offer an interest-free period on your purchases, you can receive a generous welcome offer in the form of cash back.
To see how these cards stack up against others we have reviewed on our site, click Add to Compare on a card below and select up to two additional cards for comparison.
TD Business Solutions Credit Card
BEST FOR:
Business owners who already have existing accounts with TD Bank
Intro APR
N/A
Regular APR
19.24%, 24.24%, or 29.24% variable APR depending on credit score
Annual Fee
None
Credit Needed
Good to Excellent
- 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
- $0 annual fees
- No cap on cash back rewards
- Welcome offer
Cons
- No interest-free financing option on both purchases and balance transfers
- With foreign 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: Add up to one additional year of coverage on select 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
Intro APR
N/A
Regular APR
19.24%, 24.24%, or 29.24% variable APR depending on credit score
Annual Fee
None
Credit Needed
Good to Excellent
- 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
- $0 annual fees
- No cap on cash back rewards
- Welcome offer
Cons
- No interest-free financing option on both purchases and balance transfers
- With foreign 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: Add up to one additional year of coverage on select 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 the TD Business Solutions Credit Card, we first consider the ongoing and introductory rewards. We also rate the annual fees, introductory and ongoing annual percentage rates (APRs), other fees, and other features.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 15 | 20 |
Introductory Rewards | 20 | 20 |
Annual Fee | 15 | 15 |
Introductory APR | 0 | 15 |
Ongoing APR | 10 | 15 |
Additional Features | 12 | 15 |
Total Score | 72 | 100 |
Who the TD Business Solutions Credit Card Is Best For
- Business owners who want to earn fixed-rate cash back: You can earn unlimited 2% on all purchases with no rotating spend categories.
- Business owners who can spend $1,500 in the first 90 days: You’ll receive a $250 bonus cash back in the form of statement credit when you meet this spending requirement.
If you think this card is not right for you, see our recommended alternatives below. You may also find a more suitable option by visiting our guide to the best small business credit cards.
TD Business Solutions Credit Card Rewards
- $250 bonus cash back in the form of a statement credit after spending $1,500 within the first 90 days after opening the account
- 5% cash back during the first six months after opening an account on up to $10,000 worth of purchases (up to a maximum of $500 cash back)
- 2% cash back on all eligible purchases, with no rotating spending categories, caps, or limits
Rewards Calculator
Determine how much you can earn with TD Business Solutions Credit Card by using our calculator below. Simply enter your expected monthly expenses, regardless of spending categories, and our calculator will compute your potential rewards.
Note that this calculator does not include the promotional offer of 5% cash back during the first six months or the $250 cash back as a welcome offer.
How to Redeem Rewards
You can redeem your rewards as cash back in the form of a statement credit, gift cards, merchandise, or travel. Specific gift cards, merchandise, and travel are subject to availability, and additional terms and conditions shall apply. Redemption values for other reward options, such as merchandise, may vary and change without prior notice. To learn more about how to redeem, log in to your Rewards Program account or call (888) 561-8861.
TD Business Solutions Credit Card Additional Features
TD Business Solutions Credit Card Fees
APR
- Introductory: N/A
- Ongoing on purchases and balance transfers: 19.24%, 24.24%, or 29.24% variable APR depending on credit score (if you are charged interest, the minimum is $1)
- Cash advance: 30.49% variable APR
Fees
- Annual: $0
- 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 (USD)
- Late payment: Up to $40
- Returned payment: $39
Note that your due date is at least 25 days after the close of each billing cycle.
- 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 the iOS and Android mobile apps to pay bills.
- In-person: Go to the nearest TD Bank where you can pay your credit card bills.
If you need a high credit limit with the bank, read our guide on how to increase your credit limit with TD Bank.
TD Business Solutions Credit Card Alternatives
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
Those wanting to earn up to 5% cash back on selected spending categories
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
18.24% - 27.24% Variable
Annual Fee
$0
Credit Needed
Excellent, Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
18.24% - 27.24% Variable
Annual Fee
$0
Credit Needed
Excellent, Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
This card is a great option if you need to make a large purchase because it comes with 0% APR on purchases for the first 12 billing cycles. It is also recommended if you need to pay off your bill over time, as it features an ExtendPay Plan that lets you divide your eligible balance in monthly installments without interest—just pay a small monthly fee. Plus, you can earn up to 5% cash back. It is one of our top business cards with 0% APR.
The American Express Blue Business Cash™ Card
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, 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.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 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 help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, 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.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 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 help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
With its Expanded Buying Power feature, you can spend over your credit limit whenever you need to with this card. The amount you can spend adjusts based on your spending habits, credit score, payment history, and other financial factors. It also comes with 0% APR on purchases for the first 12 months, and you can earn up to 2% cash back that will be automatically credited to your billing statement. These are the reasons why it is named our best cash back business credit card.
Capital One Spark 1% Classic
Capital One Spark 1% Classic
BEST FOR:
Those with fair credit
Intro APR
N/A
Regular APR
30.74% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Intro APR
N/A
Regular APR
30.74% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
The card lets you earn up to 5% cash back on your purchases while helping you build your business credit with consistent on-time payments and responsible use. It is ideal for those who have a credit score ranging from 580 to 669 as you’ll only need a fair credit score to qualify. It is our top-recommended business credit card for fair credit because of its unlimited rewards and few fees.
Frequently Asked Questions (FAQs)
The fastest way to apply for a TD Bank Business Solutions Credit Card is online. You also have the option to apply by phone at (888) 937-0077 (from Mondays through Fridays at 7 p.m. to 9 p.m. Eastern time, and Saturdays and Sundays at 8 p.m. to 8 p.m. ET) or in person by visiting a TD Bank branch.
You need to provide your personal and business information, including the following:
- Personal information
- Name
- Address
- Social Security number
- Phone number
- Annual income
- Phone number, email, and mailing address of your business
- Legal name of business
- Business federal tax ID (EIN or Social Security number)
- The North American Industry Classification System (NAICS) code for your industry
- Your business’s legal structure
- List of business owners/partners
- Revenue
- Years in business
Online applications usually take a few minutes to complete if you have all the necessary business and personal information. If your application is approved, you will get an immediate response and receive your card within five to seven business days. Otherwise, you will receive an email from the issuer within 30 days if your application needs further review.
Bottom Line
TD Business Solutions Credit Card is best for business owners who want to earn fixed-rate cash back without having to keep track of spending categories. You’ll also receive a welcome bonus when you meet the spending requirements. Keep in mind, however, that it lacks an introductory 0% APR on both balance transfers and purchase transactions.
