The TD Low Rate Visa card is a good option for those looking to reduce credit card debt or pay off their balance. This card’s regular interest rate is a bit higher compared to other low interest credit card options.
Pros:
- Low regular interest rate of 12.99% vs. the average of 20-22%
- Some added perks: Savings on rental cars and extra rewards at Starbucks are included with the card
Cons:
- Interest rate slightly higher than comparable low interest cards
- Very limited insurance: You won’t have rental car or travel coverage unless you purchase it
