Important information about changes to the TD Business Travel Visa* Credit Card Account

A fee of 1% of the amount of the Cash Advance for each Cash Advance transaction made in Canada (minimum fee of $3.50 up to a maximum fee of $10.00), or a fee of $5.00, will be charged to the Account for each Cash Advance Transaction outside Canada. The Cash Advance Transaction Fee includes Cash Advances at ATMs (including Green Machine® ATMs), at branches of the Bank, over the phone, on the Internet, or at other financial institutions but does not include Balance Transfers and TD Visa Cheques. If you use your Card to obtain a Cash Advance at an ATM in the PLUS* network, the fee of 1% of the Cash Advance transaction (minimum fee of $3.50 up to a maximum fee of $10.00) (for Cash Advance Transactions in Canada) or $5.00 (for Cash Advance Transactions outside Canada) and an additional fee of $3.00 will be charged to the Account. Other ATM operators may charge a fee which will be added to the amount of the Cash Advance.

A fee of 1% of the amount of the Cash Advance for each Cash Advance Transaction (minimum fee of $3.50 up to a maximum fee of $10.00). Cash Advance Transaction Fees apply to Cash Advances at any ATM, over the counter, over the phone, online, and to all Cash‑Like Transactions charged to the Account. Cash Advance Transaction Fees do not apply to Balance Transfers. Other ATM operators may charge a fee which will be added to the amount of the Cash Advance

A charge of $48.00 will be charged to the Account each time that: (i) for any reason, your financial institution (including the Bank) returns a cheque or refuses a pre-authorized debit used to make a payment to the Account; or (ii) a TD Visa Cheque is returned by the Bank when presented for payment because you have exceeded your Available Credit.

We will charge $10.00 each time that: (i) for any reason, your financial institution (including the Bank) returns a cheque or; (ii) refuses a pre-authorized debit used to make a payment to the Account.

3% of the amount of each Balance Transfer or TD Visa Cheque that we may offer to you at a promotional interest rate which is an interest rate lower than the regular annual interest rate that applies to Cash Advances on your Account. The Bank may waive or lower this 3% fee at the time the promotional interest rate offer is made to you. You will be advised of the exact fee that applies at the time the offer is made.

We charge up to 5% on a promotional Balance Transfer Transaction amount.

We will tell you the exact promotional Balance Transfer fee that applies when we make the offer.

Not applicable

If your Account has a credit Balance, we will charge the lesser of $10 or the full Credit Balance amount if there has been no credit or debit activity on the Account for 12 consecutive billing cycles.

If we do not receive the Minimum Payment within 30 days from the Payment Due Date shown on your statement then:

a) The annual interest rate(s) that applies to the Account will go up 5%; and

b) You will lose the benefit of any lower rate promotional offer on the Account (including any offer made but not yet accepted by you).

The increased rate(s) will apply starting on the first day of your next statement period after the 30-day period from the missed payment. You will continue to pay these higher interest rate(s) until you have paid the Minimum Payment on or before the Payment Due Date shown on your statement for two consecutive statements and then, your regular annual interest rate(s) will apply starting on the first day of your next statement period after those two consecutive statements.

If we do not receive the Minimum Payment by the Payment Due Date shown on your statement, you will lose the benefit of any lower rate promotional offer on the Account (including any offer made but not yet accepted by you).

If we do not receive the Minimum Payment by the Payment Due Date shown on your statement or by the last day of your statement period, twice within 12 consecutive statement periods, then the annual interest rate(s) that applies to the Account will increase to the higher interest rates shown in your Disclosure Statement.

The increased rate(s) will apply starting on the first day of your next statement period after you miss making the second minimum payment on time. You will continue to pay these higher interest rate(s) until you have paid the Minimum Payment on or before the Payment Due Date shown on your statement for six consecutive statements and then, your regular annual interest rate(s) will apply starting on the first day of your next statement period after those six consecutive statement periods.

Six (6) TD Rewards Points earned for each one (1) dollar in Restaurant Purchases (“Restaurant Bonus Rate”) to maximum annual amount of $80,000 of Restaurant Purchases

Six (6) TD Rewards Points earned for each one (1) dollar in Dining Purchases (“Dining Bonus Rate”) to maximum annual amount of $80,000 of Dining Purchases

Not Applicable

New Bonus Rate Added – Electric Vehicle Charging Purchases

Six (6) TD Rewards Points earned for each $1 in Electric Vehicle Charging Purchases (“Electric Vehicle Charging Bonus Rate”) to maximum annual amount of $80,000 of Electric Vehicle Charging Purchases.

Not Applicable

New Bonus Rate Added – Public Transit Purchases

Six (6) TD Rewards Points earned for each one (1) dollar in Public Transit Purchases ("Public Transit Bonus Rate") to maximum annual amount of $80,000 of Public Transit Purchases.

Six (6) TD Rewards Points are earned for each one (1) dollar in PAPs (“PAP Bonus Rate”) to a maximum annual of $80,000 in PAPs.

Six (6) TD Rewards Points are earned for each one (1) dollar in PAPs and Streaming, Digital Gaming & Media Purchases (“PAP and Streaming, Digital Gaming & Media Bonus Rate”) to a maximum annual of $80,000 in PAP and Streaming, Digital Gaming & Media Purchases.

Definition

“Program” means the TD Rewards Program associated with the Account and includes all Program privileges and travel reward benefits, including TD Rewards Points. “Travel Purchases” means all Purchases of travel and related services (including bookings) under the Program charged to the Account. All Travel Purchases made through Expedia For TD are provided by Expedia or its agents or suppliers. All Travel Purchases made under the Program, but not using Expedia For TD, are provided by third party agencies, suppliers or other travel providers, including any online sites or phone channels operated by Expedia (except for Expedia For TD) and any other online travel agencies, suppliers or providers (the “Other Travel Providers”). “Restaurant Purchases” means a Purchase made at a restaurant including a fast food restaurant, from a merchant classified through the Visa network with a Merchant Category Code (“MCC”) that identifies the merchant in the restaurant or fast food category. “Foreign Currency Purchases” means a Purchase made in a foreign currency. Applicable terms of the TD Business Travel Visa Cardholder Agreement apply to the Program, as do the following additional terms and conditions, which together are referred to as this Agreement.

“Program” means the TD Rewards Program associated with the Account and includes all Program privileges and travel reward benefits, including TD Rewards Points. “Travel Purchases” means all Purchases of travel and related services (including bookings) under the Program charged to the Account. All Travel Purchases made through Expedia For TD are provided by Expedia or its agents or suppliers. All Travel Purchases made under the Program, but not using Expedia For TD, are provided by third party agencies, suppliers or other travel providers, including any online sites or phone channels operated by Expedia (except for Expedia For TD) and any other online travel agencies, suppliers or providers (the “Other Travel Providers”).

 "Dining Purchases" means a purchase classified by the credit card network’s Merchant Category Code (“MCC”) as Eating Places and Restaurants, Drinking Places, and Fast Food Restaurants. "Electric Vehicle Charging Purchases" means a Purchase classified by the credit card network’s Merchant Category Code (“MCC”) as Electric Vehicle Charging. "Public Transit Purchases" means a Purchase classified by the credit card network’s Merchant Category Code (“MCC”) as Local and Suburban Commuter Passenger Transportation, including Ferries. "Streaming, Digital Gaming & Media Purchases" means a purchase that is classified by the credit card network's Merchant Category Code ("MCC") as Digital Goods Media – Books, Movies, Music, Digital Goods – Games, Digital Goods – Applications, Digital Goods – Large Digital Goods Merchants, Cable, Satellite and Other Pay Television/Radio/Streaming Services. "Pre‑Authorized Payments" or "PAP(s)" means regularly recurring Purchases that you setup with a merchant to be automatically charged to your Account and that are classified by the Visa payment network as recurring payments. The payment will occur on a specified date and frequency (such as daily, monthly or annually).

“Foreign Currency Purchases” means a Purchase made in a foreign currency. Applicable terms of the TD Business Travel Visa Cardholder Agreement apply to the Program, as do the following additional terms and conditions, which together are referred to as this Agreement.

TD Rewards Points

Please contact TD if you wish to confirm the MCC that applies to a particular merchant, or if the Purchase qualifies as a Restaurant Purchase. If you have earned TD Rewards Points on the maximum annual amount of Restaurant Purchases, PAPs or Foreign Currency Purchases charged to your Account (from January 1 to December 31) or if your Purchase does not qualify as a Restaurant Purchase, PAP or a Foreign Currency Purchase, you will instead earn the Standard Rate of TD Rewards Points that applies to all other Purchases charged to the Account as described above. Each of the Online Travel Bonus Rate, the Phone Travel Bonus Rate, the Restaurant Bonus Rate, the PAP Bonus Rate and the Foreign Currency Bonus Rate is in place of and not in addition to the Standard Rate of TD Rewards Points earned on all other Purchases charged to the Account.

All fees, Cash Advances (including Balance Transfers, Cash-Like Transactions and TD Visa Cheques), interest charges, optional services, refunds, rebates or other similar credits do not earn TD Rewards Points unless there is a special promotion. Credits for refunds, returned items, rebates and other similar credits will reduce or cancel the TD Rewards Points earned by the full or partial amount originally charged to the Account

Please contact TD if you wish to confirm the MCC that applies to a particular merchant, or if the Purchase qualifies as a Dining, Public Transit, Streaming, Digital Gaming & Media, or PAP Purchase. If you have earned TD Rewards Points on the maximum annual amount of Dining Purchases, Electric Vehicle Charging Purchases, Public Transit Purchases, PAPs, Streaming, Digital Gaming & Media Purchases or Foreign Currency Purchases charged to your Account (The year runs after your first statement period in January until the end of your statement period the following January) or if your Purchase does not qualify as a Dining Purchase, Electric Vehicle Charging Purchase, Public Transit Purchase, PAP, Streaming, Digital Gaming & Media Purchase or a Foreign Currency Purchase, you will instead earn the Standard Rate of TD Rewards Points that applies to all other Purchases charged to the Account as described above. Each of the Online Travel Bonus Rate, the Phone Travel Bonus Rate, the Dining Bonus Rate, the Electric Vehicle Charging Bonus Rate, the Public Transit Bonus Rate, the PAP and Streaming, Digital Gaming & Media Bonus Rate, and the Foreign Currency Bonus Rate is in place of and not in addition to the Standard Rate of TD Rewards Points earned on all other Purchases charged to the Account.

TD Rewards Points – Other Redemption Options

We may let you redeem TD Rewards Points towards items other than Travel Purchases (“Other Redemption Options”) such as merchandise, services and gift cards (“Merchandise”). If we do, you will agree to the additional terms and conditions that will apply to that Other Redemption Option in addition to these TD Rewards Program Terms and Conditions. Merchandise is provided by external suppliers and we are not responsible or liable for Merchandise. TD Rewards Points have no cash value and cannot be redeemed for cash or credit except as we may permit.

Deleted

Note: This language has been removed from the Agreement, but your ability to redeem TD Rewards Points for Other Redemption Options has not changed