Brief: TD Waterhouse issues Visa loyalty card

Brief: TD Waterhouse issues Visa loyalty card

Online brokerage TD Waterhouse has launched a Visa credit card which enables users to earn points towards free trades.

The TD Waterhouse e.card Visa features no annual fee, a reward certificate which customers can redeem for a free trade in their brokerage account for every $2,000 spent on retail purchases, and a 5% rebate against purchases made at selected online merchants.

The card is being managed for TD Waterhouse by Bank One card processing operation First USA.

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