TD FlexPay Credit Card Review [2025]: Great for Balance Transfers

We recommend the TD FlexPay Credit Card(Rates and fees) if you don't want to worry about an annual cost ($0 annual fee) and you want to take advantage of an excellent intro annual percentage rate (APR) offer on balance transfers.

But you should consider other options if you want to earn rewards or you want an intro APR offer on purchases as well as balance transfers.

Let's dig into the details of our TD FlexPay Credit Card review to see if this is the right card for your wallet.

TD FlexPay Credit Card

4.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

TD FlexPay Credit Card

Apply Now

Rates and fees

Current Offer

Get our best balance transfer offer: 0% introductory APR on balance transfers for first 18 billing cycles after account opening. After that 18.24% - 28.24% variable APR based on your creditworthiness.

Annual Fee

$0

Benefits and Drawbacks

Benefits

• $0 annual fee
• Late fee forgiveness (automatically refunds your first late fee each year)

Drawbacks

• No rewards on purchases

Card Details

• Get built-in flexibility with the TD FlexPay Credit Card
• Our best balance transfer offer
• Get Visa benefits like cell phone protection when you pay your monthly mobile bill with your card
• No annual fee
• Must be a resident of CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.
• Get a 0% introductory APR on balance transfers for the first 18 billing cycles after account opening (then 18.24%, 20.24%, 23.24%, 26.24% or 28.24% (variable)).

Key takeaways

• We think the TD FlexPay Credit Card makes sense if you want a $0 annual fee and an excellent intro APR offer on balance transfers.
• The TD FlexPay Credit Card doesn't make sense if you want an intro APR offer on purchases or if you want to earn rewards on eligible purchases.
• Note that the TD FlexPay Credit Card provides cell phone protection but doesn't provide purchase protection or extended warranty coverage.

Who should get the TD FlexPay Credit Card?

You should get the TD FlexPay Credit Card if:

• You want a $0 annual fee
• You want an intro APR offer on balance transfers
• You want to take advantage of unique benefits, such as late fee forgiveness
• You want cell phone protection

If you want to earn rewards or you want an intro APR offer on purchases, the TD FlexPay Credit Card isn't the card for you.

Note that the TD FlexPay Credit Card doesn't have the best balance transfer offer available, but it's better than average and worth considering if you're planning to do a balance transfer.

TD FlexPay Credit Card basics

Why we like TD FlexPay Credit Card: benefits and perks

• $0 annual fee: There's no annual cost with a $0 annual fee.
• Intro APR offer on balance transfers: Receive 0% intro APR for 18 billing cycles on balance transfers (then 18.24%, 20.24%, 23.24%, 26.24% or 28.24% (variable)). The balance transfer fee is $5 or 3%, whichever is greater (during the first 18 billing cycles after account opening), then $5 or 5%, whichever is greater.
• Late fee forgiveness: Receive a late payment fee refund once every 12 billing cycles for your first late fee. Keep in mind that late payments could still reflect on your credit report, which could affect your credit score and personal finance goals.
• Visa benefits: Take advantage of Visa Platinum benefits, including cell phone protection and roadside dispatch.

What we don't like about this card: drawbacks

• No rewards: The TD FlexPay Credit Card isn't connected to a rewards program, which means there isn't a welcome bonus offer and you don't earn rewards for making eligible purchases. If you want to earn points, miles, or cash back, use rewards credit cards.
• No intro APR offer on purchases: The TD FlexPay Credit Card doesn't typically provide an intro APR offer on purchases. For cards with intro APR offers on purchases, check out our list of 0% intro APR credit cards.
• Address requirements: You have to live within the TD Bank footprint to apply for a TD Bank credit card. The footprint includes Connecticut, the District of Columbia, Delaware, Florida, Maine, Maryland, Massachusetts, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia, and Vermont.

FAQ

Other cards to consider

If the TD FlexPay Credit Card doesn't seem like the right card for you, compare credit cards to find a better fit. Two of our top recommendations for balance transfer cards include the BankAmericard^® Credit Card and Wells Fargo Active Cash^® Card. See how all three cards compare.

The TD FlexPay Credit Card has a $0 annual fee and an excellent intro APR offer on balance transfers. But it's missing an intro APR offer on purchases.

If you want a credit card with intro APR offers on both purchases and qualifying balance transfers, consider the BankAmericard. The BankAmericard has one of the longest intro APR offers available, giving you plenty of time to pay off qualifying balance transfers or large purchases.

Learn more in our BankAmericard credit card review.

If you want to take advantage of intro APR offers and earn rewards on eligible purchases, consider the Wells Fargo Active Cash. The Active Cash Card has intro APR offers on purchases and qualifying balance transfers, and you can earn unlimited 2% cash rewards on purchases.

Read our full Wells Fargo Active Cash review.

TD FlexPay Credit Card

4.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

TD FlexPay Credit Card

4.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Apply Now

Why We Like It

Get our best balance transfer offer: 0% introductory APR on balance transfers for first 18 billing cycles after account opening. After that 18.24% - 28.24% variable APR based on your creditworthiness.

Rates and fees

Apply Now

See how these cards compare:

Wells Fargo Active Cash® Card

• Low spend threshold for its welcome offer — $200 cash rewards bonus after spending $500 in purchases in the first 3 months
• Cell phone protection benefit (subject to a $25 deductible)
• Can redeem rewards at an ATM for literal cash
• Rates and fees

Bottom line

We recommend the TD FlexPay Credit Card(Rates and fees) if you want a $0-annual-fee card with an excellent balance transfer offer. The TD FlexPay Credit Card also provides cell phone protection, but it doesn't have an intro APR offer on purchases or earn rewards.

If you need a longer intro APR offer on balance transfers or also want to earn rewards on eligible purchases, find more suitable credit card offers on our list of the best balance transfer cards.

TD FlexPay Credit Card

4.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

TD FlexPay Credit Card

Apply Now

Rates and fees

Current Offer

Get our best balance transfer offer: 0% introductory APR on balance transfers for first 18 billing cycles after account opening. After that 18.24% - 28.24% variable APR based on your creditworthiness.

Annual Fee

$0

Benefits and Drawbacks

Benefits

• $0 annual fee
• Late fee forgiveness (automatically refunds your first late fee each year)

Drawbacks

• No rewards on purchases

Card Details

• Get built-in flexibility with the TD FlexPay Credit Card
• Our best balance transfer offer
• Get Visa benefits like cell phone protection when you pay your monthly mobile bill with your card
• No annual fee
• Must be a resident of CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.
• Get a 0% introductory APR on balance transfers for the first 18 billing cycles after account opening (then 18.24%, 20.24%, 23.24%, 26.24% or 28.24% (variable)).