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MoneySense is an award-winning journal, serving to Canadians navigate cash issues since 1999. Our editorial crew of skilled journalists works intently with main private finance specialists in Canada. That can assist you discover the perfect monetary merchandise, we evaluate the choices from over 12 main establishments, together with banks, credit score unions and card issuers. Study extra about our promoting and trusted companions.
As certainly one of Canada’s Massive Six banks, TD gives a wide selection of monetary providers, together with a powerful portfolio of greater than two dozen bank cards. We’ve damaged down our picks for the perfect TD bank cards in Canada, so that you just’ve acquired the data to make the selection finest for you. Whether or not you’re on the lookout for a bank card that’s good for low curiosity, money again (together with one with no annual price), versatile journey factors (assume: Expedia), a co-branded journey card (that’s Aeroplan), we’ve choices for you.
Finest bank card for money again
In case you like money rewards, you’ll need to check out the TD Money Again Visa Infinite. Its primary attracts: a robust 3% return in three very fashionable spending classes, and complete roadside help perks.
MoneySense editor insights: The editorial crew loves the aggressive cash-back price of three% on eligible grocery and gasoline purchases, in addition to recurring invoice funds arrange on the cardboard. The annual price would possibly really feel a bit steep for some Canadians, however the money rewards would possibly make up for it.
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TD Money Again Visa Infinite Card
Annual price: $139 (rebated first 12 months)
Welcome supply: Earn as much as $600 in worth, together with 10% money again on eligible purchases through the first three months (on as much as $3,500 in purchases). Circumstances apply.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (really helpful) |
Finest bank card for versatile journey factors
Due to the partnership between TD and Expedia, you possibly can redeem TD factors you gather on the TD First Class Journey Visa Infinite for just about something travel-related. That features accommodations, trip packages, and flights—at any airline, lodge or journey supplier listed on one of many world’s largest journey comparability websites. That flexibility places this card on our greatest TD bank cards checklist.
MoneySense editor insights: Frequent travellers will love the flexibleness in redeeming journey rewards. You’ll be able to’t get any higher with a TD bank card.
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TD First Class Journey Visa Infinite Card
Annual price: $139 (waived first 12 months)
Welcome supply: Earn as much as $1,000 in worth, together with as much as 135,000 TD Rewards factors and no annual price for the primary 12 months. Circumstances apply.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (really helpful) |
| Anniversary bonus | Earn an annual birthday bonus of 10% of your earlier 12 months’s factors (as much as 10,000 factors). |
| Level worth | . |
Finest for journey with Air Canada
The brand new TD Aeroplan Visa Infinite has rather a lot on supply for travellers, particularly those that desire reserving with Air Canada.
MoneySense editor insights: In case you love the Aeroplan rewards program, this TD card is for you. And the journey insurance coverage is second to no different journey TD bank card.
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TD Aeroplan Visa Infinite Card
Annual price: $139 (waived first 12 months)
Welcome supply: Earn as much as $1,300 in worth, together with as much as 40,000 Aeroplan factors and no annual price for the primary 12 months. Circumstances apply.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (really helpful) |
| Level worth | Aeroplan factors are price $0.02 on common |
Execs
- Obtain Air Canada perks, together with: most popular pricing on journey redemptions, financial savings on baggage charges, and you possibly can prolong these advantages to as much as 8 journey companions.
- Comes with a strong insurance coverage package deal that features as much as $2 million in protection for as much as 21 days.
- Cardholders can get a rebate on NEXUS charges each two years.
- Get nearer to Aeroplan elite standing by incomes Aeroplan Miles in your on a regular basis purchases (can be utilized for seat upgrades and extra).
Cons
- You’ll be able to solely redeem rewards via Aeroplan accomplice airways (contains Air Canada, United, and others), which could restrict your choices for airways and/or locations.
- Whereas profitable, Aeroplan isn’t precisely the best journey factors packages to know, so it will not be the correct match for anybody who would get annoyed with fluctuating redemption values, which might change based mostly on a vacation spot, time of journey and so forth.
Finest no-fee money again bank card
If you wish to earn money again however don’t wish to pay an annual price, contemplate the TD Money Again Visa. Know, although, that the perks are lean—anticipate buy safety and prolonged guarantee—however like different TD playing cards, your money again rewards by no means expire, and you’ll redeem this cash everytime you need.
MoneySense editor insights: This TD bank card had our editors at “no annual price”—many different playing cards from TD include a $139 price ticket. And sometimes cash-back playing cards (even exterior of the TD suite) have an annual price. So we like that this has the perfect of each: No annual really feel and cash-back rewards. For a breakdown of the rewards see under.
Card particulars
| Rates of interest | 19.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | None specified |
| Credit score rating | 640 or greater (really helpful) |
Finest pupil bank card
It’s not widespread to search out rewards playing cards with out an annual price, and even much less so with a strong rewards earn price. The TD Rewards Visa Card gives a terrific entry level for college students on a finances.
MoneySense editor insights: In case you’re making use of to your first-ever bank card then this no-fee rewards card is nice for college students wanting to make use of a TD card. You would possibly as properly earn reward factors out of your grocery and bookstore hauls.
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TD Rewards Visa Card
Annual price: $0
Welcome supply: Earn a worth of $50 in TD Rewards Factors to make use of on eligible Amazon.ca purchases, plus no annual price. Circumstances apply.
Card particulars
| Rates of interest | 19.99% on purchases, 22.99% on money advances and 22.99% on stability transfers This supply just isn’t obtainable for residents of Quebec. |
| Revenue required | None specified |
| Credit score rating | 640 or greater (really helpful) |
| Level worth | . |
Finest low-interest bank card
If it’s essential finance a giant buy, have an sudden expense, or simply wish to rating an ultra-low rate of interest, this TD bank card is a reasonably good choice.
MoneySense editor insights: The standard rate of interest on bank cards in Canada is round 20%. This card’s price is editor-approved!
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TD Low Fee Visa Card
Annual price: $25
Low rate of interest: 12.90% on purchases (13.90% for Quebec residents)
Welcome supply: None at the moment.
Card particulars
| Rates of interest | 12.90% on money advances (13.90% for Quebec residents), 0% on stability transfers (13.90% for Quebec residents) |
| Revenue required | None specified |
| Credit score rating | 640 or greater (really helpful) |
What’s new with TD bank cards?
TD bank card holders simply acquired a couple of new perks—one which Jays followers will cheer for. Rating one for TD.
TD Financial institution introduced fan perks for eligible card holders for the 2025 Blue Jays common season house video games at Rogers Centre, till Sept. 28, 2025. Right here’s what they get:
- 10% assertion credit score on eligible food and drinks purchases at Rogers Centre
- Precedence line at Gate 6
- Ballpark experiences, together with Cricket Day on the Park (Could 31), Pleasure Evening (June 20) and Fan Appreciation Weekend (Sept. 26 to twenty-eight).
TD All-Inclusive Banking Plan
TD’s All-Inclusive Banking Plan is a premium checking account that gives top-tier providers and precious reductions, a few of which reward these carrying choose TD bank cards. For instance, All-Inclusive Banking Plan account holders obtain an annual price waiver once they join sure TD bank cards for each the first and one further card holder—for so long as they carry the account. Simply how a lot are you able to save? A bundle. The TD Money Again Visa Infinite, for instance, prices $139 yearly plus $50 for as much as one licensed cardholder. The $189 annual financial savings properly offsets the account charges whereas permitting you to leverage the perks related along with your bank card. Eligible playing cards embrace the next: TD Aeroplan Visa Infinite, TD Aeroplan Visa Platinum, TD First Class Journey Visa Infinite, TD Platinum Journey Visa, and TD Money Again Visa Infinite.
Sweetening the pot for account holders, TD rewards with premium chequing account advantages comparable to limitless debit transactions and Interac e-Transfers, a small security deposit field, cash orders and personalised and licensed cheques—all included. Moreover, there are not any TD transaction charges once you use an ATM in Canada, the U.S. or internationally (apart from alternate price charges). Clearly, bundling accounts with the large banks has its perks, together with that it retains issues easy.
This premium account does come at a premium value. The month-to-month price is $29.95, or $22.45 for seniors. Nevertheless, for individuals who can afford to maintain $5,000 parked within the account, that price is rebated, that means all these perks together with the bank card rebates are free. In any other case, you’ll wish to weigh the advantages towards the price. The annual price comes out to just about $360 (or nearly $270 for seniors) however any bank card rebates would come out of that whole.
Tips on how to use TD’s cash-back {dollars}
The TD Money Again Rewards bank card program allows you to redeem on-demand with out time restrictions, in contrast to another packages that limit you to as soon as per calendar 12 months. You’ll be able to redeem when you’ve amassed $25 (that’s the minimal redeemable quantity, too) and your cash-back rewards by no means expire. The TD program is without doubt one of the most versatile cash-back packages on the market, although it’s price mentioning that BMO does have an edge in you can redeem with as little as $1 in your account.
Tips on how to redeem TD journey factors
TD Rewards factors may be redeemed for a variety of reward playing cards, merchandise and even money–however they’re at the beginning made for journey redemptions, particularly from the Expedia For TD web site. The worth of your factors varies in response to what you redeem them for, and the way. We break down the choices under:
How a lot is a TD journey level price on Expedia For TD
200 TD factors = $1
1 TD level = 0.5 cent
You’ll get the perfect worth out of your factors when redeeming on ExpediaforTD.com. There, you possibly can put your factors towards reserving free or discounted journey from Expedia, one of many world’s largest journey serps and on-line journey businesses. There are not any blackout dates or airline restrictions, and the factors values stay constant regardless of how, when or the place you’re travelling, making this methodology a winner for individuals who don’t wish to spend their time deciphering rewards charts.
E-book Any Manner
250 TD factors = $1 on the preliminary $1,200 of journey reserving
1 TD level = 0.4 cent (0.4%)
200 TD factors = $1 on any quantity that’s over $1,200
1 TD level = 0.5 cent (0.5%)
In case you don’t wish to guide via Expedia For TD, you could have the flexibleness to go elsewhere. That features shopping for your tickets as immediately from an airline or a journey company. You should use TD factors for just about something travel-related together with flights, accommodations, excursions and automotive leases. Merely choose the E-book Any Manner choice once you redeem your factors. The one drawback: At 0.4 of a cent per level on the preliminary $1,200, you’ll get barely much less worth than you’ll on Expedia For TD. This works out to about 25% much less worth per level.
Redeem factors for money
400 TD level = $1
1 TD level = 0.25 cent (0.25%)
All people loves money, however at 400 factors per $1, utilizing your TD factors to get it isn’t the perfect thought. If you wish to earn money with TD, it’s higher to go together with certainly one of TD’s money again playing cards. Nevertheless, when you’re nonetheless seeking to flip your factors into money, you possibly can–simply know that you just want a minimal of 10,000 factors.
Redeem factors for reward playing cards
Common 1 TD level = 0.25 cent (0.25%)
There’s all kinds of reward card choices on TDRewards.com, usable towards purchases at retailers together with Finest Purchase, Canadian Tire, Foot Locker, Mattress Tub & Past, and others. That mentioned, the worth of your redemption finished this fashion matches what you’d get when utilizing factors for money again so that you’re higher off utilizing one other methodology.
Redeem factors for merchandise
TD factors can be utilized towards an enormous number of merchandise, from train tools to electronics. Factors values on this stuff range dramatically however typically will hover between 0.2 and 0.35 of a cent per level.
About TD Aeroplan rewards
Aeroplan launched a program overhaul on November 8, 2020, at which period Aeroplan factors will likely be redeemable for flights based mostly on a redemption chart that breaks up the world into 4 totally different journey zones: North America, Atlantic, Pacific and South America. You’ll be capable to redeem factors for flights on Air Canada, plus greater than two dozen Star Alliance members, together with Singapore Airways, Austrian Airways and United.
TD level values range relying on the place you’re flying to and the way standard the route is, however you should utilize this calculation:
Worth of 1 Aeroplan level = (value of ticket – charges) ÷ Aeroplan factors wanted to redeem
For an instance: if a round-trip flight from Toronto to Vancouver has a base fare of $405 and $20 in charges, your method would appear like this:
($405 – $20) ÷ 25,000 TD factors = 1.54 cents per 1 Aeroplan level
You may also maximize your factors values by including stopovers, getting baggage charges waived, and so forth.
