TD Emerald Flex Rate Visa Card Review

Purchase Security and Extended Warranty Protection: You automatically have access to Purchase Security and Extended Warranty Protection, which includes coverage for eligible items you've purchased with your Card, should they be stolen or damaged within 90 days of purchase.

Save with Avis Rent A Car and Budget Rent A Car. Use your TD Credit Card to save a minimum of 10% off the lowest available base rates in Canada and the U.S., and a minimum of 5% off the lowest available base rates internationally, on qualifying car rentals at participating Avis and Budget locations.

Optional TD Auto Club Membership

This is a unique credit card from TD that rewards cardholders with good credit. This card carries a $25 annual fee for the primary cardholder. Additional cardholders are charged no annual fee.

This card's key feature is its low interest rate. But what's even more striking is how low the rate can be. This card's interest rate is not set. Rather, it's calculated for each individual cardholder based on the prime interest rate and the cardholder's creditworthiness.


As of March 2020, TD's prime interest rate was 2.450%. This card's final interest rate is then calculated by adding between 4.50% to 12.75% to the prime rate, depending on the applicant's credit history. Applicants with good credit receive lower rates. Thus, the overall interest rate for this card ranges from 6.95% to 15.2%.

There is no minimum income requirement to apply for this card. Applicants simply must be Canadian residents who have reached the age of majority in their province or territory.

The bottom line: This card is perfect for Canadians with good to very good credit who frequently carry a credit card balance. If your credit is good enough to receive the lowest 6.95% interest rate, you could save a substantial amount of money in interest payments by switching to this card.