Credit Card Canada - Canadian Credit Card Reviews and Applications

Credit Card Articles

TD Business Visa Card credit card reviews

TD Business Visa Card credit card details and credit card application link.

The TD Business Visa Card is a good solution for business owners, offering a large selection of banking benefits, emergency services, and insurance protection. The product comes with an annual fee of $50, interest rate of 21.5 on cash advances, 19.75 percent on purchases, and a minimum credit limit of $1000. The free optional monthly management reports detail the card holder’s business expenses and are categorized by food/beverage, hotel/lodging, retail services, auto rental, auto expenses, travel/airfare, cash advances, payments and credits, etc. Holders receive three types of reports: Management Recap Report, Account Information Report, and Account Recap Report. In addition to these, clients get a large selection of included benefits such as Common Carrier Travel Accident Insurance, Delayed and Lost Baggage Insurance, and Auto Collision/ Loss Damage Insurance. The Emergency Travel Assistance Services are intended to provide help in case of personal emergencies when traveling. The optional Medical Travel Insurance provides medical coverage at home and abroad. Card holders can choose between two options: Per Trip coverage, suitable for occasional travelers, and Annual Plan coverage, including Trip Cancellation and Trip Interruption insurance, intended for frequent travelers. Additional benefits are the guaranteed hotel reservations, no-fee American Express travellers checks, budget rent a car preferred rates, and optional Benefits Auto Club for road emergencies in continental US and Canada. Naturally, the product goes with all Visa benefits: worldwide acceptance at over 1 million ATMs, TD Visa Fraud Protection, Wallet Card, and toll-free emergency assistance, including cash advances, emergency card replacement, and more.

Among the business banking services provided to holders are 24/7 account access, check cash privileges, and every branch banking at branches of TD Canada Trust. Additional benefits are the pre-authorized payment service for making payments automatically at all Canadian financial institutions, and EasyWeb Internet Banking. The online banking service allows card holders to manage their accounts at a time of their convenience, reviewing the activities of their savings and checking accounts. Clients can look at their transaction activity up to 18 months, have a consolidated access to services and products on line of credit, savings, and checking accounts, sort transactions by type, description, and date, and make bill payments to over 5000 companies in Canada. In addition, the online service allows transferring money between TD Waterhouse, TD Canada Trust, and TD Mutual Funds Accounts. Card holders can request stop payments, view historical and pending payments, order checks online, purchase a wide range of products, and use the TD Interac Email Money Transfer Service. In order to apply for the card, clients must provide two pieces of identification (e.g. Canadian Citizenship Card, passport, or provincial driver’s license), employer’s information, gross annual income, and housing information and expenses.

The credit card market in Canada offers plenty of financial products for business owners, and you might look at and compare a couple of financial products. The MasterCard Business Credit Card by the National Bank of Canada comes with an interest rate of 19.9 percent and no annual fee or reduced interest rate of 13.9 percent and low annual fee of $15. The minimum credit limit is $1000, and the card goes with MasterCard zero liability, protection against fraudulent use by authorized credit holders, monthly spending limit, preauthorized debits, access to commercial accounts, and free additional cards, together with the MasterCard global service.

Credit Card Details
NameTD Business Visa Card Apply Now
Interest Rate19.75%
Annual Fee$50
Cash BackNo
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferYes
US DollarNo
No Annual FeeNo