Topic Wiki

DEAD -Scheduled to get killed on Sep. 3-

"Dear TD Go Customer

Beginning September 3, 2014, we're making changes to the TD GO Card program.
•We're decreasing the reload limit. We're reducing the per-day reload amount from $1,000 to $500. Rest assured, your maximum card balance at any time will remain at $2,000.
•We're changing how you can fund your TD Go Card. Account owners and friends and family members will only be able to load TD Go Card(s) using a TD Bank Debit or Credit Card, or by direct deposit. ◦If you don't have a TD Bank Debit or Credit Card, you may continue to fund your existing TD Go Card(s) by setting up direct deposit or by opening a TD Bank Checking or Credit Card account. To open a TD Bank account, call us anytime at 1-888-751-90000, visit any TD Bank location, or connect to tdbank.com."



TD Go

http://www.tdbank.com/gift-prepaid-cards/tdgocard/

The website is really quite good - clearly written, well explained - and much of the information in this wiki is from there.

Summary:

TD Go is a reloadable Visa Buxx prepaid product designed for teens. There is an Account Owner account with an online view of up to 7 teen accounts, each with a card. The Account Owner (and others, see below) can add funds and check the balance online or over the phone.

Requirements:

Both the Account Owner and teen must live in one of the following states (or DC): Connecticut, Delaware, District of Columbia, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont or Virginia.

The Account Owner must be at least 18, the teen must be at least 13. Both must have valid SS#s.

Details, Fees, Limits:

The initial purchase cost is $4.95 for a load of $20 to $1,000 from a CC or DC. A card will be sent to you shortly. You can't do anything further without the card, because you have to register it online before you can use it or load it further.

Subsequent loads will cost $1.00 for up to $1,000 load per teen card per day.

When using a CC for an initial purchase or load, be careful that it is not coded as a Cash Advance, because you will most likely not get any rewards for such a purchase and you may also be charged interest for it. You can set you CA limit to zero to protect yourself, but this may cause your CC to be declined for loading from it (which may be a good thing). Please search the thread for quite a few accounts of different, sometimes conflicting experiences with this and exercise caution.

You may load up to $3,000 per teen card per 30 days (not calendar month), but you may only have a maximum balance of $2,000 per teen card at any time.

You may withdraw $60 per week (!) via ATM. TD ATMs are free, non-TD ATMs have an additional $3.00 fee on top of whatever the ATM itself may charge. Also, checking your balance at a non-TD ATM will cost you $3.00.

Point of Service (POS) transactions, PIN or signature, are free.

You may obtain cash back via PIN POS, up to the balance on the card, or any limits imposed by the store you are in, whichever is less.

There seems to also be a $2,000 limit on transactions per rolling 7 days, which I can't find in the documentation, but was reported to me by a CS agent over the phone.

There is a $2.50 monthly Inactivity fee after 12 months of inactivity, and a 3% charge for using the card outside of the US.

There are a few other fees on the card that you are less likely to run into. For further information, please see the Terms of Service document, which you should read carefully for ANY new financial product in which you are planning to participate, regardless of how confident you are that you know how it works.

One other interesting feature of this program is that they encourage people other than the Account Owner to fund the teens' cards. Each other family member or friend will need to sign up with a profile, live in one of the states listed above, and provide their SS#, but they can then fund the teens' cards online or over the phone as the Account Holder would.

What to do with a funded card:

You can purchase things, using Pin Debit or signature in stores, or online. You can get a small amount of cash back at TD ATMs. You can get cash back at registers when making a purchase. You can probably fund AP, BB/Serve and Evolve, though I have not personally verified that, and I know nothing about the potential dangers of doing so. Some report that you can pay your Citi CC bill over the phone using it as a DC, which it is.

And shockingly enough, you can even give a card to your teen so that they can start learning financial responsibility.  ::)
« Last edited by Novo on July 31, 2014, 10:45:16 PM »

Author Topic: TD GO  (Read 62082 times)

Offline nobiggy

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2012
  • Posts: 2360
  • Total likes: 12
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: forums
Re: TD GO
« Reply #75 on: July 23, 2014, 04:29:11 PM »
You should have learned by now to set your CA limits to 0

i'm getting it reversed....on the line with supervisor of TD.
Is this CA bad for credit report?

Offline freddy

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2014
  • Posts: 395
  • Total likes: 0
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: TD GO
« Reply #76 on: July 23, 2014, 04:31:53 PM »
You should have learned by now to set your CA limits to 0
Thank's for the tip now I can try it with no risk!
"Judge me by the enemies I make"

Offline SOS

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Apr 2014
  • Posts: 727
  • Total likes: 6
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: SPG Gold, Marriott Gold, Hilton Gold, Avis First, Hertz Five Star, National Executive
Re: TD GO
« Reply #77 on: July 23, 2014, 04:32:02 PM »
I believe there's no fees for purchasing and reloading if you have an account with TD.
Do you have a link that says that?
What kind of td account?


Eta: just saw that you wrote that you saw it in a td brochure

Offline itsallgood

  • Dansdeals Gold Elite
  • ***
  • Join Date: May 2014
  • Posts: 115
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Programs: Hyatt Diamond, Hilton Diamond
Re: TD GO
« Reply #78 on: July 23, 2014, 04:35:03 PM »
Do you have a link that says that?
What kind of td account?
Yeah - will a TD Ameritrade account work?

Offline freddy

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2014
  • Posts: 395
  • Total likes: 0
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: TD GO
« Reply #79 on: July 23, 2014, 04:36:06 PM »
Do you have a link that says that?
What kind of td account?
Couldnt find it online but I saw that in one of their brochurs i'll check next time i go.
"Judge me by the enemies I make"

Online etech0

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 11346
  • Total likes: 1367
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: not lakewood
  • Programs: DDF
Re: TD GO
« Reply #80 on: July 23, 2014, 04:37:13 PM »
CA set to 0 and payment failed
anyone tried amex?
Workflowy. You won't know what you're missing until you try it.

Offline freddy

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2014
  • Posts: 395
  • Total likes: 0
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: TD GO
« Reply #81 on: July 23, 2014, 04:37:29 PM »
CA set to 0 and payment failed
Which credit card?
"Judge me by the enemies I make"

Offline bubble347

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 930
  • Total likes: 0
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: NY
Re: TD GO
« Reply #82 on: July 23, 2014, 04:37:42 PM »
i'm getting it reversed....on the line with supervisor of TD.
Is this CA bad for credit report?
If you get it reversed how would it hurt? But even if you leave it, it should not be different than a regular purchase which depends on your debt/credit ratio.
Watch this inspiring video.

Offline nobiggy

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2012
  • Posts: 2360
  • Total likes: 12
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: forums
Re: TD GO
« Reply #83 on: July 23, 2014, 04:39:27 PM »
If you get it reversed how would it hurt? But even if you leave it, it should not be different than a regular purchase which depends on your debt/credit ratio.

the 1k load is being reversed. the $5 activation they had to escalate.
also when you apply for cc it asks if you had a CA recently is their a way for them to find out?

Offline nobiggy

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2012
  • Posts: 2360
  • Total likes: 12
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: forums
Re: TD GO
« Reply #84 on: July 23, 2014, 04:40:46 PM »
Which credit card?

citi AA executive. how ever i tried $999. then i tried $1 went through. I think its because of my pending load that was cancelled.

Offline bubble347

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 930
  • Total likes: 0
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: NY
Re: TD GO
« Reply #85 on: July 23, 2014, 04:41:23 PM »
the 1k load is being reversed. the $5 activation they had to escalate.
also when you apply for cc it asks if you had a CA recently is their a way for them to find out?
I believe only Barclays asks that and I can't imagine how they would know unless it was on one of their cards.
Watch this inspiring video.

Offline itsyehuda

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2013
  • Posts: 1693
  • Total likes: 6
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Brooklyn. NY
Re: TD GO
« Reply #86 on: July 23, 2014, 04:54:59 PM »
I believe only Barclays asks that and I can't imagine how they would know unless it was on one of their cards.

Who says they view it as a negative?
I remember when a coke was a nickel, and you could buy VRs in OD.

Offline bubble347

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 930
  • Total likes: 0
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: NY
Re: TD GO
« Reply #87 on: July 23, 2014, 04:57:48 PM »
Who says they view it as a negative?
It shows that you are not too financially stable, especially as the rates are many times outrageous.
Watch this inspiring video.

Offline Novo

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2014
  • Posts: 1199
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Up In The Air
  • Programs: Chase A/A, Amex F/R, Citi A/A. Hertz DNR.
Re: TD GO
« Reply #88 on: July 23, 2014, 04:59:11 PM »
I believe only Barclays asks that and I can't imagine how they would know unless it was on one of their cards.
I believe that the reason Barclay asks that, is just to set you a CA limit, I answered that I didn't use any of my cards for CA and got my US Card with 20k limit but $0 CA
I try my best :-\
Quote from: Centro
If you wanna go fast, go alone
If you wanna go far, go together

Offline bubble347

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 930
  • Total likes: 0
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: NY
Re: TD GO
« Reply #89 on: July 23, 2014, 05:01:06 PM »
I believe that the reason Barclay asks that, is just to set you a CA limit, I answered that I didn't use any of my cards for CA and got my US Card with 20k limit but $0 CA
-1 I answered no as well and received a CA limit.
Watch this inspiring video.