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Mr. Loonie
TD Emerald Flex Rate Visa

TD Emerald Flex Rate Visa

7.7
Good
Expert Score · 3 reviews How we score

Best for: People who carry a balance and want a lower interest rate

The balance you carry
Less interest than a typical card, each year
$361
About $269 a year here, instead of $630 at 20.99%

Ranked #1 of 176 for low interest. See the list

See how we worked it out
Purchase rate
8.95%
Annual fee
$25 a year
Apply now on TD’s site (opens in a new tab)
Earns no rewards
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from TD’s site. Banks can update terms at any time, so give them a quick look before you apply. Source

Is it for me? Interest Can I get it? Perks Fees Similar cards
2 quick questions

Is it for me?

Do you carry a balance from month to month?

Do you want to earn rewards on your spending?

Answer the 2 questions to see if it fits.

From the numbers

The good and the bad

Stands out

  • Good: 8.95% on purchases The usual rate is 20.99%.

Watch for

  • Watch for: Earns no rewards If you pay in full each month, a no fee cash back card gives you more.
  • Watch for: $25 a year
  • Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.

Worked out from the card’s rates and fees.

Show your work

What you’d pay in interest

On a balance of $3,000 that you carry for a year.

  • This card $269
    8.95% $3,000 carried all year
  • A typical card $630
    20.99% $3,000 carried all year

A late payment can end a promotional rate early. Simple yearly interest on a balance that stays the same. Banks charge interest monthly, so the real cost comes out a little higher.

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Mr. Loonie’s tip A balance transfer only helps if the balance shrinks. Set up an automatic payment so it goes down every month.

What critics say

Other reviewers on this card

7.7
Good
Expert Score How we score
  • Finder (opens in a new tab) Feb 2022

    “The TD Emerald Flex Rate Visa Card is a no-frills card that will give you a low interest rate based on your credit score. It costs $25 per year and comes with optional benefits like travel insurance and roadside assistance (which you can add on for a fee).”

  • My Rate Compass (opens in a new tab) Sep 2020
    6

    “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.”

  • creditcardGenius (opens in a new tab) Jan 2018
    10

    “The TD Emerald Flex Rate Visa gives you an interest rate that is between Prime + 1.50% and Prime + 12.75%. The interest rate that TD Bank gives cardholders is based on their credit score. If your credit score is excellent, you will most likely get an excellent interest rate.”

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

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Insurance and perks

What comes with it

  • Mobile wallets Apple Pay, Samsung Pay
Fees and interest

What it costs

Annual fee
$25 a year
Purchase interest
8.95%
Cash advance interest
8.95%
Foreign currency fee
2.5%
All fees and rates

Fees

Extra cards
None
Cash advance fee
1%, Minimum of $3.50, maximum of $10.00
Balance transfer fee
3%, Maximum
Over-limit fee
$29
Late payment fee
None
Source
Issuer page

Interest rates

Balance transfer interest
8.95%

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards

Purchase interest on each card. This card: 8.95%.

See all cards ranked by interest

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the TD Emerald Flex Rate Visa?

$25 a year.

Does it charge a foreign transaction fee?

Yes, 2.5% on purchases in other currencies.

What is the interest rate?

8.95% on purchases. Cash advances are 8.95%.

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$361
less interest a year
Apply now on TD’s site (opens in a new tab)
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