TD Bank Cash Card: $200 With $500 Spend and Unlimited 3% Cash Back on One Category

New customers are limited to Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington DC.

Offer Link

Details

1. 20,000 bonus points after spending $500 within the first 90 days.
2. No annual fee.
3. Unlimited 3 points per dollar on one category of your choice* and 2 points per dollar on a second category. 1 point per dollar on all other purchases.
4. 3% foreign transaction fee.
5. Minimum $25 redemption.
6. Points do not expire.
7. 0% introductory balance transfer APR for 15 months.

*Categories are dining, entertainment, gas stations, grocery stores, and travel.

Opinion
Good sign-up bonus with low spend, but probably not worth the extra card. The earning rate is too low outside of the 3% earning category (and grocery is the only interesting one), which means someone with a small grocery bill ($500 or less a month) is going to wait a while before they receive any rewards. At that point, just use a 2% cash back card or a card with rotating 5% bonus categories.