12 Jan
Does TD Ameritrade do cashback?
As an avid shopper and investor, I'm always on the lookout for ways to maximize my rewards and savings. So naturally, when I heard about the possibility of earning <b>cashback with TD Ameritrade</b>, I was intrigued. After all, who wouldn't want to earn some extra money while investing in their financial future?
As I delved into the world of <b>TD Ameritrade cashback</b>, I discovered that they used to offer a fantastic cashback credit card called the TD Ameritrade Client Rewards Card. Although this card is no longer available, it provided some great perks and benefits for TD Ameritrade customers.
Key Takeaways:
- The TD Ameritrade Client Rewards Card is no longer being offered.
- The card used to offer unlimited 1.5% cash back on all eligible purchases.
- Cardholders could redeem their cash back in various ways, including statement credits, direct deposits, mailed checks, gift cards, and travel.
- Existing TD Ameritrade brokerage customers received additional benefits, such as a 10% bonus when redeeming points for cash back into an eligible TD Ameritrade account.
- While the TD Ameritrade Client Rewards Card is no longer available, there are alternative credit card options to consider, such as the TD Cash Credit Card or the Chase Freedom Flex℠.
TD Ameritrade Client Rewards Card Benefits and Perks
The TD Ameritrade Client Rewards Card offered several benefits and perks to its cardholders. One of the key advantages was the generous welcome offer. New cardholders could earn a $100 cash bonus after reaching the spending threshold of $500 within the first 90 days. This provided an excellent incentive to start using the card and earn cash back right away.
In addition to the welcome offer, the TD Ameritrade Client Rewards Card had no annual fee. This meant that cardholders could enjoy all their cashback rewards without any deductions. It was a great way to maximize the benefits of the card and make the most of the cashback program.
Cardholders who were also TD Ameritrade brokerage clients received an extra perk. When redeeming points for cash back into an eligible TD Ameritrade account, they received a 10% bonus. This bonus further enhanced the cashback rewards, allowing cardholders to earn even more.
Furthermore, the TD Ameritrade Client Rewards Card provided added convenience for travelers. It had no foreign transaction fees, making it an ideal card to use while abroad. Cardholders could make purchases internationally without worrying about additional charges, saving money and enjoying a seamless travel experience.
Summary:
- Generous welcome offer of $100 cash bonus after spending $500 within the first 90 days
- No annual fee, allowing cardholders to keep all their cashback rewards
- 10% bonus for redeeming points for cash back into an eligible TD Ameritrade account for TD Ameritrade brokerage clients
- No foreign transaction fees, making it convenient for use while traveling
Overall, the TD Ameritrade Client Rewards Card offered a range of benefits and perks for its cardholders. From the attractive welcome offer to the absence of annual fees and the additional bonus for TD Ameritrade brokerage clients, the card provided an excellent cashback program. With the added advantage of no foreign transaction fees, it was a card well-suited for both everyday use and international travel.
Earning and Redeeming Cash Back with TD Ameritrade
When it comes to earning cash back with TD Ameritrade, the process is simple and rewarding. With the TD Ameritrade Client Rewards Card, cardholders can earn an unlimited 1.5% cash back on all eligible purchases. Whether it’s groceries, gas, or dining out, every transaction can earn valuable cash back rewards. And the best part? There are no caps on the rewards you can earn, so you can keep accumulating cash back with every swipe of your card.
For new account holders, there’s an additional incentive to start earning cash back right away. By spending $500 within the first 90 days of opening an account, you’ll be rewarded with a $100 cash bonus. It’s a great way to kickstart your cash back earnings and enjoy some extra money in your pocket.
But the rewards don’t stop there. If you’re an existing TD Ameritrade brokerage customer or open a new brokerage account, you can earn even more cash back. By moving your rewards to an eligible TD Ameritrade brokerage account, you’ll receive an extra 10% in rewards. This means that for every $100 in cash back, you’ll actually get $110 deposited into your brokerage account. It’s a fantastic way to boost your earnings and make the most of your cash back rewards.
When it comes time to redeem your hard-earned cash back, TD Ameritrade offers a range of options to suit your needs. Whether you prefer statement credits, direct deposits, mailed checks, gift cards, or travel, you’ll find a redemption method that works for you. Rewards can be redeemed once you reach a minimum of 2,500 rewards points, giving you flexibility and choice when it comes to using your cash back.
Other Options to Consider
While the TD Ameritrade Client Rewards Card is no longer available, there are other credit card options to consider that offer enticing rewards and benefits. Here are two alternative credit cards to explore:
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1. TD Cash Credit Card
The TD Cash Credit Card provides a different reward structure compared to the TD Ameritrade Client Rewards Card. With this card, you can earn 3% cash back on dining, 2% cash back at grocery stores, and 1% cash back on all other eligible purchases. The TD Cash Credit Card also offers a $150 cash rewards bonus when you spend $500 within the first 90 days. This card comes with no annual fee, making it a convenient choice for everyday spending.
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2. Chase Freedom Flex℠
The Chase Freedom Flex℠ is another credit card worth considering. It offers cash back in specific categories, allowing you to earn 5% cash back on up to $1,500 in combined purchases each quarter in rotating bonus categories. You can also earn 5% cash back on travel purchased through Chase Ultimate Rewards®, 3% cash back on dining (including takeout and delivery), and 3% cash back at drugstores. New cardmembers can enjoy a $200 bonus after spending $500 on purchases in the first three months from account opening.
When choosing a credit card, it’s important to evaluate the features and benefits that align with your spending habits and financial goals. Consider factors such as annual fees, introductory offers, and reward structures to make an informed decision. Remember, each credit card comes with its own set of perks, so choose one that best suits your needs.
Conclusion
In conclusion, the TD Ameritrade Client Rewards Card used to offer cashback rewards to existing TD Ameritrade brokerage customers. As a cardholder, I could earn an unlimited 1.5% cash back on all eligible purchases, providing me with a simple and straightforward way to maximize my rewards. With various redemption options available, including statement credits, direct deposits, mailed checks, gift cards, and travel, I had the flexibility to choose how to use my cashback.
However, it’s important to note that the TD Ameritrade Client Rewards Card is no longer being offered by the credit card issuer. While this may be disappointing for those looking to apply for the card, there are still other credit card options to consider. When exploring alternative cashback cards, it’s crucial to evaluate factors such as annual fees, introductory offers, and reward structures to find the card that best aligns with individual spending habits and financial goals.
To make an informed decision, I personally recommend looking into options like the TD Cash Credit Card, which offers a different set of rewards and benefits, or the Chase Freedom Flex℠, which provides cashback in specific categories and offers a generous new cardmember bonus. By considering these alternatives, individuals can find a cashback credit card that suits their needs and allows them to continue earning rewards on their purchases.
In the end, while the TD Ameritrade Client Rewards Card may no longer be available, there are still opportunities to earn cashback with TD Ameritrade and other credit cards. By choosing the right card and utilizing its rewards program effectively, it’s possible to make the most of every purchase and enjoy the benefits of cashback.
FAQ
Does TD Ameritrade offer cashback?
The TD Ameritrade Client Rewards Card used to offer cashback rewards to existing TD Ameritrade brokerage customers. However, the card is no longer being offered.
What were the benefits and perks of the TD Ameritrade Client Rewards Card?
The card provided a $100 cash bonus after spending $500 in the first 90 days, unlimited 1.5% cash back on all eligible purchases, no annual fee, a 10% bonus for redeeming points into an eligible TD Ameritrade account, and no foreign transaction fees. It also offered over 600+ redemption options, including statement credits, direct deposits, mailed checks, gift cards, and travel.
How could I earn and redeem cash back with TD Ameritrade?
Cardholders could earn unlimited 1.5% cash back on all eligible purchases. To maximize redemptions, it was beneficial to be an existing TD Ameritrade brokerage customer or open a new brokerage account. Rewards could be redeemed after reaching a minimum of 2,500 rewards points. Redemption options included statement credits, direct deposits, mailed checks, gift cards, and travel.
What are some other options to consider since the TD Ameritrade Client Rewards Card is no longer available?
One alternative to consider is the TD Cash Credit Card, which offers different reward structures and benefits. Another option to explore is the Chase Freedom Flex℠, which provides cash back in specific categories and offers a $200 bonus for new cardmembers. It’s important to evaluate the features and benefits of each credit card to determine which one aligns with your spending habits and financial goals.
Can you provide a conclusion about TD Ameritrade cashback?
While the TD Ameritrade Client Rewards Card is no longer available, there are other credit card options to consider. It’s recommended to explore alternatives that suit your personal spending habits and financial needs. Remember to consider factors such as annual fees, introductory offers, and reward structures when choosing a cashback credit card.
Source Links
- https://www.td.com/us/en/personal-banking/credit-cards/cash-card
- https://financebuzz.com/td-ameritrade-client-rewards-review
- https://www.tdameritrade.com/investment-products/cash-solutions.html