Our credit cards for students work the same way most other credit cards work. You can make purchases, either online or in person, and you can take cash advances using available credit. If you pay off your balance each month, you don’t pay any interest on purchases. However, you should know that interest is charged as soon as you take a cash advance and that a fee may apply on the transaction.

A credit card is a great way to start developing good money habits. When you use your card and pay it off before the due date every month, you’re showing you’re responsible with credit. A good credit history may make it easier to qualify for a loan or line of credit in the future.

We offer credit cards with a variety of rewards. You can apply for a card that earns Points that can be redeemed on Amazon.ca with Shop with Points or on other merchandise rewards through tdrewards.com. You can apply for a card that earns cash back on eligible purchases like groceries, textbooks, and more. These cash back cards also help you use the cash back dollars earned on your purchases to pay down your account balance. You can also compare welcome bonuses, annual fees, and redemption options while making the best choice to suit your needs.

We make it easy to apply for one of our credit cards for students. To be eligible to apply, you must be a permanent resident of Canada, meet the age of majority, and be able to provide a valid email address. You can even apply online. The application takes a few minutes, and a response is usually given right away.

Here are two guidelines we recommend to help you enjoy the convenience of a credit card, and to help you build your credit score:

1. Never spend more than your credit limit.
2. Pay the entire balance of your credit card bill each month by the payment due date shown on your statement, not just the minimum payment.