In case you were not aware of this, I will list what will be changed as of April 1st, 2010.
TD Canada Trust will be increasing the interest rate for Cash Advances to 21.5%, which includes balance transfers, cash like transactions and TD visa cheques.
There will be no changes made to the TD Emerald Visa Account as it is at a low fixed rate. (More information on the TD Emerald Visa can be found here).
Interest rate on purchases shall increase 5% to 24.75% and interest rate on Cash advances shall increase by 5% to 26.5% if the minimum payment is not received within 30 days of the payment due date.
The next change is that the fees for cash advances on all cards except the TD U.S. Dollar Visa Card made outside of Canada are increasing to $5.00.
For the TD U.S. Dollar Visa Card, the minimum fee for cash advances will be changing to $5.00 U.S. This fee does not apply to Balance Transfers or TD Visa Cheques, but to cash like transactions.
If you sign, use or activate a card or the account as of or after April 1st, 2010, then it means you have agreed to be bound to these changes.
Hopefully this raises awareness of the changes in case you haven’t seen it in your mail yet.