When it comes to managing your finances, having a reliable and flexible credit card can be an indispensable tool. The TD US Dollar Card is one such card that offers a range of benefits to its users. However, before you apply for this card, it`s important to understand the terms and conditions that come with it. In this article, we`ll take a closer look at the TD US Dollar Cardholder Agreement and what you need to know to make informed decisions about your financial future.

The TD US Dollar Card is an American credit card that allows you to make purchases in US dollars, even if you`re a Canadian resident. This can be beneficial for frequent travelers, cross-border shoppers, or anyone who regularly conducts business in the US. As a credit card holder, you`ll be bound by the terms and conditions outlined in the TD US Dollar Cardholder Agreement. This is a legal document that details the rules and regulations governing the use of your credit card.

The TD US Dollar Cardholder Agreement covers a range of topics, including interest rates, fees, and payment terms. Let`s take a closer look at some of the key provisions:

Interest Rates:

The TD US Dollar Card charges an interest rate on any unpaid balance at the end of each billing cycle. The current interest rate is 19.99% per annum, although this rate is subject to change. It`s important to note that interest will be charged on cash advances, balance transfers, and convenience cheques from the date of the transaction.

Fees:

There are several fees associated with the TD US Dollar Card, including an annual fee of $39.00, a cash advance fee of $5.00 (or 3.5% of the advance amount, whichever is greater), and a foreign currency conversion fee of 2.5% on all transactions made in currencies other than US dollars. Late payment fees and over-limit fees may also apply if your account is not in good standing.

Payment Terms:

The TD US Dollar Cardholder Agreement outlines the payment terms for your credit card. You`ll need to make at least the minimum payment by the due date each month to avoid late payment fees and interest charges. The minimum payment is the greater of $10.00 or 3% of the balance owing, plus any overdue amounts and interest charges. You can make payments online, by phone, or by mail.

In summary, the TD US Dollar Cardholder Agreement is an important document that outlines the terms and conditions of your credit card. By understanding these terms, you can make informed decisions about your finances and avoid any unnecessary fees or penalties. If you`re considering applying for the TD US Dollar Card, be sure to read the agreement carefully and consult with a financial advisor if you have any questions or concerns.