I opened my Secured TDCash card late in the month last June in person at a branch; at the time there was no way to open it online.
Regarding the whole 7-month thing, that is in reference to the seventh statement, which in my case at least, really meant after 6-months of usage. As mentioned above, I opened my card with a $5,000 deposit in late June, received the card during the first week of July and started using it immediately. TDBank "unsecured" my card exactly 6-months to the day following my first charge, and by the time the savings account was unlocked, it had earned a whopping $1.27 in interest.
A few additional comments regarding the conversion from Secured to Unsecured:
- The rewards for the secured version of the card simply earns a flat rate of 1% on all purchases, once the card is unsecured, it earns 3% on dining, 2% on groceries, and 1% on everything else.
- Upon conversion, your earned rewards are effectively rolled over into the new rewards plan and your earnings history is deleted for all purchases prior to the conversion; in my case, 11,474 "points", equal to $114.57, were rolled over into the full TDCash Rewards plan.
- Per their agreement, a pro-rated refund of the "annual" security deposit of $29 is credited to your account upon conversion, in my case a credit of $14.50 showed up on my next statement.
Given my Chapter 13 had recently been discharged before I applied for my TDCash card, I was thrilled to find a card with such a low annual fee, the cash rewards were just icing on the cake; I didn't find a single other card with such generous terms for those of us starting over from a credit perspective.
@Anonymous wrote:Hi, I know this is a belated reply, but just speaking from my experience:
I got a TD Secured in 2017, the terms were that it would be reviewed for graduation after 7 months.
Did not put a lot of spend on it, between $80-300 ($1000 on one month) everyday spend for 7 months with full payment every month, and I was graduated after the 7th statement cut.
I don't think the limit really matters for how long it takes to graduate, but maybe others have different experiences.
The limit you had sticks when you graduate though--for me that was the max $5,000. Fast forward 3 years and a half, and still stuck at $5,000. No auto CLIs despite using it reguarly for the first two years, and healthy credit scores and income. I gave up and sock drawered it, as I have since gotten better cards for its bonus categories.
I would always recommend checking the terms in your credit card agreement though to be sure.
Interesting to note somebody is trying to file a class action for net getting graduated: https://classactionsreporter.com/td-bank-secured-credit-card-promises-of-graduation-class-action/
LOL, after reading that complaint, I guess my "graduation" didn't happen after all and I just imagined moving the security money into a different account and closing the previously locked savings account. 
@Anonymous wrote:
Does TDBank offer regular/easy CLI's? Generous limits after graduation?
I'm not sure how much I can offer here, I started my TDCash card as a Secured Credit Card with a $5,000 security deposit (which is put into an interest bearing savings account and then locked until the card is "unsecured"). When the card is initially unsecured, the credit limit stays the same as what it was while secured; in my case, it has only been about 2.5 months since my card was unsecured, so I am not expecting a CLI just yet, so I cannot comment on that aspect.