I just signed up for this card because it is giving the first year’s annual fee of $99 for free ($0), and 10% back on purchases up to a spend of $2000.
Basically, a $200 total Cashback which is insanely high.
You need $60K in income or a household income of $100K to qualify.
- 4% cash back on gas and grocery purchases
- Get 1% cash back on everything else
- No limit on the total cash back you can earn
- Travel medical coverage – Get 15 days of out-of-province coverage
Note: I just want the 10% Cashback
I plan on cancelling it once I get my $200 from the 10% Cashback, and not keeping it especially with an annual fee.
I may keep it for the year until the annual fee is about to be charged and use it for groceries as 4% back is higher than the 3% back on the other TD card I applied for a while back.
1% Cashback in general is is not interesting to me when other cards like the Rogers card is giving 1.75% with a forex purchases at 4%.
I spend way more on other things versus gas or groceries.