Published on January 5th, 2016 | by William Charles3
TD Bank Removes Their 5% Cards From Website
TD Bank used to offer some credit cards that earned 5% cash back or 5x points at grocery stores and gas stations for the first six months. They nerfed these cards on June 1st, 2015 so that they had a limitation of a max $75 Bonus cashback per billing period ($1,500 in spend) and a max of $450 Bonus cashback over the entire 6-month time-period.
It looks like those cards were still causing TD Bank to lose money because they have been removed from the TD Bank website, now they only offer the following cards: TD Cash Visa® Credit Card, TD First ClassSM Visa Signature® Credit Card, TD Ameritrade Client Rewards Credit Card & TD AeroplanTM Visa® Credit Card. It’ll be interesting to see if TD Bank replaces the 5% cards with something else, or they come back with a different permutation.
It also looks like the cash card has an increased sign up bonus of $200 (which comes and goes), we’ll do a separate post on that shortly.
Hat tip to reader Jed2Bed