Bank of America Corp. plans to sell its credit card business in Canada to TD Bank Group and will exit its card business in the United Kingdom and Ireland, Reuters reported. The agreement with TD Bank covers an $8.6 billion card portfolio, according to a Bank of America statement released today. It did not disclose the value of the transaction. TD Group said it will pick up 1.8 million active accounts from the deal and that it would pay a “modest premium” for the card receivables. Bank of America is looking for ways to bulk up its capital cushion as it fights lawsuits and credit problems related to its acquisition of home mortgage lender Countrywide Financial three years ago, Reuters said. Bank of America said it agreed on Aug. 3 to sell its card business in Spain to Apollo Capital Management. In April, it sold a small business lending portfolio to Barclays PLC.