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TD Emerald Visa Review

TD Emerald Visa Review

The TD Emerald Visa card a great credit card for those who might carry a balance. The key feature of the card is that the interest rate can be as low as Prime + 1.5%. Although there are no rewards or travel points that come with this card the interest rate benefit will surely save you money if you tend to skip payments or carry a balance.

The TD Emerald Visa card is also great for students. It’s one of TD’s student credit card offerings and comes with a minimum credit limit of $1,000. For the TD Emerald Visa they don’t require you have have credit history if you’re a student which will make it much easier to get.

TD Emerald Visa Review:

Interest Rate: Prime + 1.5% up to Prime + 12.75%

Annual Fee: $25
Supplemental Card Fee: $0

Rewards: None

Redemption: N/A

Fine Print:

Must be 18 years of age
– No credit history required for student

Extra Perks:

The TD Emerald Visa is a pretty basic credit card and therefor has only a few perks.

– Rental Car Preferred Rates
– Balance Transfers
– Emergency Cash Advances (up to $500)

Extra Fees:

None that we could see. But if you have feedback/experience with extra fees on this card please add your feedback in the comments below.

Additional Comments:

This is a great credit card for students and those who think they might carry a balance or miss a payment. The interest rate is the key benefit of this card. Depending on your credit rating you could have an interest as low as 4.5% (Prime + 1.5%).

The low interest rate on the TD Emerald Visa makes it perfect for students who are just leaning to use credit and manage their personal finances. There is also a secured version of this card which means you’re pretty much guaranteed to be approved for the regular or the secured version.

The rental car preferred rates are also a nice benefit if you think you might be renting cars from Avis or Budget frequently.

The other benefit that might be handy for students is the available emergency cash advance. While we wouldn’t recommend using a credit card cash advance due to the high interest rates it is a nice feature to have for students.

TD Emerald Visa Review: Final Thoughts

This TD Emerald Visa card is perfect for students or those with a balance. It’s a great way to learn about credit and how to manage personal finances without getting hit with those +20% interest rates that are typical on rewards/travel cards.


Check Out The Best Credit Cards In Canada!

1 Comment

  1. I chose this card because of the low interest rate.We have had this card for many years with generally no problem. We have a good credit rating and have always paid our bills. Just recently we were told at our bank that our rate was at 15.99%. I had always trusted this card, but after review it looks like the rate has just kept climbing. We were told our credit rating had changed. That was a first. Another observation, when you go to pay your bills on TD website you never see your rate adjustment. Feels like a scam. How does a senior cope in this situation? Shame on you TD. I thought you had more class than this.

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