Editor’s note: This is a recurring post with regularly updated card details.
TD Business Solutions Credit Card is designed for business owners who prefer to earn unlimited fixed-rate cash back on all purchases without needing to monitor spending categories. It doesn’t charge an annual fee and comes with Visa benefits, including purchase security and extended warranty protection. It’s worth noting that it doesn’t offer an interest-free period on your purchases.
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
- 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
- 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
- 2% cash back on all eligible purchases, with no rotating spending categories, caps, or limits
TD Business Solutions Credit Card 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.
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 on how to redeem, log in to your Rewards Program account or call (888) 561-8861.
TD Business Solutions Credit Card Additional Features
Protection
- Visa Zero Liability: If your card is lost, stolen, or fraudulently used, you won’t be held responsible for unauthorized charges made with your account information.
- Cellphone protection: Your stolen or damaged cell phone will be reimbursed if you use your card to pay for your wireless phone bill.
- Purchase security: If your purchased item is stolen or damaged within the first 90 days, this coverage can replace, repair, or reimburse the eligible item.
- Extended warranty protection: Select items purchased with this card will have up to one additional year of coverage.
- Auto rental collision damage waiver: When using this card to rent a vehicle, you’ll get built-in coverage for physical damage, vandalism and theft, and reasonable and customary towing.
Special Services
- Digital wallet: Adding your TD cards to your mobile device will let you simplify your online, in-store, and in-app purchases.
- Instant credit card replacement: In the event your card is either lost or stolen, you can get an immediate replacement at the nearest TD Bank branch.
- Roadside Dispatch®: You can access a 24/7 roadside service with this pay-per-use program. Note that certain terms and conditions will apply.
- Travel and emergency assistance services: When traveling away from home, you can get assistance with a single phone call through this service.
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.
How To Make Payments
- 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.
When To Consider TD Business Solutions Credit Card Alternatives
You Need a Long 0% APR Period
One of TD Business Solutions Credit Card’s drawbacks is that it doesn’t offer an interest-free financing option on either purchase or balance transfer transactions. If you plan to consolidate your debts from other credit cards or make a significant purchase for your business, you may benefit from a business credit card that comes with a long 0% introductory APR period. For this, we recommend the U.S. Bank Business Triple Cash Rewards World Elite Mastercard®.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 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.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- $0 annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 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.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- $0 annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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.
- Comes with 0% APR for 15 billing cycles on both purchases and balance transfers
- Lets you earn 1% to 5% cash back, depending on the expense categories
- Offers a $500 welcome bonus after meeting the spending requirements
- Provides $100 annual software credit for recurring software subscriptions
- Does not charge an annual fee
It is one of our top business cards with 0% APR because of its long interest-free period and lucrative cash back rewards. For more options from U.S. Bank, see our roundup of the best U.S. Bank business credit cards.
You Seek a Flexible Credit Limit
If you need a card that lets you spend over your credit limit from time to time, we recommend the American Express Blue Business Cash™ Card. What’s more, if your business doesn’t spend over $50,000 per year, you will also benefit more from the card’s premium cash back of 2%.
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
- 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, 18.49% - 26.49%, 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.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome bonus
- 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.
- 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, 18.49% - 26.49%, 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.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome bonus
- 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.
- Features expanded buying power, which lets you spend beyond your credit limit based on your card usage, payment history, credit score, and financial resources
- Offers 2% cash back on all purchases on the first $50,000 per year, then 1% after that—no need to redeem as all cash back earned is automatically credited to your account
- Comes with 0% introductory APR on purchases for the first 12 billing cycles
- Charges $0 annual fee
While it lacks a welcome offer, its rewards simplicity and unique features are a few reasons why it is named our best cash back business credit card. If you want to see other options from American Express, read our guide to the leading American Express business credit cards.
You Have a Fair Credit
To qualify for the TD Bank Business Solutions Credit Card, you need a credit score ranging from good to excellent. If you have lower, consider a business credit card with a lenient credit score requirement, such as the Capital One® Spark® Classic for Business.
- 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.
- 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.
- Requires at least a fair credit score to qualify
- Lets you earn unlimited 5% cash back on hotels and car rentals booked through Capital One Travel, and 1% cash back on all other expenses
- Charges $0 annual, foreign transaction, and balance transfer fees, letting you save on overall credit costs
- Lets you build your business credit when used responsibly
Keep in mind that it lacks a welcome offer and interest-free financing. Also, it comes with a high ongoing APR, so it’s best to pay your balance in full each billing cycle to avoid paying interest. 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 need the spending requirements. Keep in mind, however, that it lacks introductory 0% APR on both balance transfers and purchase transactions.