Best TD Credit Cards Canada: One For Every Need

Are you looking for the best TD credit card to suit your needs? With so many options available, it can be overwhelming to choose the right one. In this blog post, we'll take a closer look at some of the best TD credit cards available in Canada and help you make an informed decision. Whether you're looking for cash back, travel rewards, or low interest rates, there's a TD credit card that's perfect for you.

The 5 Best TD Credit Cards

1. TD Cash Back Visa Infinite Card: Best for cash-back overall.
2. TD Aeroplan Visa Infinite Card: Best overall for travel rewards and perks.
3. TD Platinum Travel Visa Card: Best for earning reward points.
4. TD Cash Back Visa Card: Best for entry-level with no annual fee.
5. TD Business Travel Visa Card: Best for business travel reward points.

#1 TD Cash Back Visa Infinite Card Best for cash-back overall

The TD Cash Back Visa Infinite Card is a credit card offered by Toronto Dominion (TD) that allows cardholders to earn cash back on their purchases. With this card, you can earn 3% cash back on eligible gas and grocery purchases, as well as regularly recurring bill payments set up on your account. You can also earn 1% cash back on all other purchases made with your card.

Features

Some features of the TD Cash Back Visa Infinite Card include:

• Earn 10% cash back rewards on all purchases for the first three months for up to $2,000 when you apply on or before May 28, 2023.
• Earn 6% cash back on all purchases for the next $3,500 spent within the next three months.
• Annual fee: $139 per year (first-year annual fee rebate available if you qualify).
• Additional cardholder fee: $50 annual fee for each additional cardholder, with a first-year fee rebate for the first additional cardholder if you qualify.
• Interest rate: 20.99% on purchases & 22.99% for cash advances.
• Earn cash-back rewards per dollar spent.
  • 3% cash back for every $1 spent on groceries, gas, and regularly recurring bill payments.
  • 1% cash back dollars on every other purchase.
• Earn 50% more cash-back points at Starbucks upon linking your TD Cash Back Visa Infinite card with your Starbucks Rewards account.
• Access to Visa Infinite benefits: These benefits include:
  • The Visa Infinite Luxury Hotel Collection has seven exclusive benefits, including a complimentary breakfast.
  • The Visa Infinite Dining Series.
  • Visa Infinite 24/7 Concierge Services.
  • The Visa Infinite Troon Golf Benefit, which provides discounts at 95 resorts and courses worldwide.
  • The Visa Infinite Entertainment Access provides you access to selected events across Canada.
• Access to Visa Secure, which safeguards cardholders when shopping online from monetary loss resulting from fraudulent card use.
• Travel insurance coverage: including out-of-province emergency medical Insurance, delayed and lost baggage insurance.
• Rental Car Collision/Loss Damage: For car rental periods of 48 days or less and for cars with an MSRP of up to $65,000.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-a-Car with minimum discount values ranging from 5% – 10% in Canada and internationally.
• Free Mobile Mobile Device Insurance with up to $1,000 coverage for loss, theft, or accidental damage of eligible mobile devices
• Purchase security for eligible new items stolen or damaged within 90 days of purchase, and extended warranty protection for double the warranty period or up to 12 additional months.
• Free Deluxe TD Auto Club Membership, including emergency travel assistance services.

Eligibility Requirements

To be eligible for the card, you:

• Must be a permanent Canadian resident.
• Must have attained the majority age in the Canadian province of residence.
• Must earn a minimum annual personal income of $60,000 or household income of $100,000.

Pros Of The TD Cash Back Visa Infinite Card

• The TD Cash Back Visa Infinite Card saves you additional travel insurance costs with its out-of-province medical emergency medical insurance and delayed and lost baggage insurance.
• Up to 10% Cash back rewards on all purchases within the first three months.
• First-year annual fee rebate when you activate your card and make your first purchase within the first three months after account opening.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-a-Car .
• Access to mobile device insurance of up to $1,000 per occurrence.
• Purchase security and extended warranty protection for up to one additional year.

Cons Of The TD Cash Back Visa Infinite Card

• High annual fees of $139 per annum, plus $50 for each additional cardholder.
• High minimum income requirements of $60,000 – $100,000.
• The maximum cash-back reward rate reduces to 3% after the first three months.

#2 TD Aeroplan Visa Infinite Card – Best for travel reward points and other travel benefits

The TD Aeroplan Visa Infinite Card allows cardholders to earn Aeroplan points on their purchases. There is a special offer currently available where you can earn up to 55,000 Aeroplan points and the first year has no annual fee (conditions apply). With this card, you can earn 1.5 points for every $1 spent on eligible gas, grocery, and Air Canada purchases (including Air Canada Vacations), and 1 point for every $1 spent on all other purchases made with your card. You can also earn points twice when you pay with your card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 170+ online retailers via the Aeroplan eStore.

Features

TD Aeroplan Visa Infinite Card has other great features besides its generous bonus rewards offer. These features include:

• Earn up to $1,500 worth of rewards when you apply on or before May 28, 2023. These rewards comprise of:
  • Up to 10,000 Aeroplan points when you make your first purchase.
  • Up to 30,000 Aeroplan points when you spend $5,000 within the first 180 days.
  • An additional 15,000 Aeroplan points when you spend up to $7,500 in the first 12 months.
• Annual fee rebate in the first year after activating your card and incurring your first expense within the first three months.
• Rebate on the Nexus application fee of up to $100 once every 48 months when you enroll in the Nexus program. The NEXUS program is an expedited border control program offered by the Canada Border Services Agency and the United States Customs and Border Protection.
• Free first-checked bag for up to nine travelers (primary cardholder & eight travel companions) when traveling on the same reservation with Air Canada flights.
• Annual fee: $139 per year, with the yearly fee waived within the first year.
• Additional cardholder fee: $75 annual fee for each additional cardholder.
• Interest rate: 20.99% on purchases & 22.99% for cash advances.
• Earn rewards points per dollar spent:
  • 1.5x points for every $1 spent on groceries, gas, and direct through Air Canada® purchases.
  • 1 point for every $1 spent anywhere else.
  • Double points when you pay with your TD card and provide your Aeroplan number to Aeroplan partner brands and online retailers through the Aeroplan eStore.
• Earn 50% more Aeroplan points at Starbucks upon linking your TD Aeroplan Visa Infinite card with your Starbucks® Rewards account.
• Aeroplan Family Sharing: Allows up to eight family members to share points.
• Access to Visa Infinite benefits: These benefits include:
  • The Visa Infinite Luxury Hotel Collection has seven exclusive benefits, including a complimentary breakfast.
  • The Visa Infinite Dining Series.
  • Visa Infinite 24/7 Concierge Services.
  • The Visa Infinite Troon Golf Benefit, which provides discounts at 95 resorts and courses worldwide.
• Access to Visa Secure, which safeguards cardholders from monetary loss resulting from fraudulent card use.
• Travel insurance coverage: including out-of-province emergency medical Insurance, common carrier accident insurance, trip cancellation or interruption insurance, flight delay and baggage insurance for the delay, damage, loss, or theft of baggage.
• Rental Car Collision/Loss Damage: For car rental periods of 48 days or less and for cars with an MSRP of up to $65,000.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-a-Car with a minimum discount value of 10% off the lowest base rates in Canada and the US and a minimum discount of 5% internationally.
• Free Mobile Mobile Device Insurance with up to $1,000 coverage for loss, theft, or accidental damage of eligible mobile devices.
• Purchase security for eligible new items stolen or damaged within 120 days of purchase, and extended warranty protection for double the warranty period or up to 24 additional months.
• Enjoy Emergency Travel Assistance Services.
• Optional benefits: These include:
  • TD Auto Club Membership.
  • TD Credit Card Payment Protection Plan: This is a payment protection plan designed to assist with your TD Credit Card payment obligations in case of a job loss, total Disability, or death. You can call 1-866-315-9069 or visit www.TDcanadatrust.com/BP to learn more about the credit protection plan.

Pros Of The TD Aeroplan Visa Infinite Card

The TD Aeroplan Visa Infinite Card saves you additional travel insurance costs with its out-of-province emergency medical insurance, common carrier accident insurance, trip interruption insurance, and other insurance coverage benefits.

• Up to $1,400 worth of benefits within the first year when you apply on or before Jan 2023.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-a-Car.
• Free first-checked bags for up to nine travelers.
• Access to mobile device insurance of up to $1,000 per occurrence.
• Purchase security and extended warranty protection for up to one additional year.

Cons Of The TD Aeroplan Visa Infinite Card

• High annual fees of $139 per annum, plus $75 for each additional cardholder.
• High minimum income requirements of $60,000 – $100,000.
• The maximum points earned on each dollar, excluding bonus rewards, is two points per dollar spent.

#3 TD Platinum Travel Visa Card – Best for earning reward points

The TD Platinum Travel Visa Card allows cardholders to earn TD Rewards Points on their purchases. There is a special offer currently available where you can earn up to 50,000 TD Rewards Points and the first year has no annual fee for the primary and additional cardholders (conditions apply). With this card, you can earn 6 TD Rewards Points for every $1 you spend when you book travel through Expedia For TD, 4.5 TD Rewards Points for every $1 you spend on groceries and restaurants, 3 TD Rewards Points for every $1 you spend on regularly recurring bill payments set up on your account, and 1.5 TD Rewards Points for every $1 you spend on other purchases made with your card.

Features

The TD Platinum Travel Visa Card has some great features overall, which include:

• Earn up to 50,000 reward points when you apply on or before May 28, 2023. These rewards comprise of:
  • Welcome bonus of up to 15,000 TD reward points when you make your first purchase.
  • Up to 35,000 TD reward points when you spend $1,000 within the first 90 days.
  • Annual fee rebate for the first year if you make your first purchase within the first three months of opening your account.
• Annual fee: $89 per year, with the possibility of getting the yearly fee waived within the first year.
• Additional cardholder fee: $35 annual fee for the first additional cardholder and $0 after that.
• Interest rate: 20.99% on purchases & 22.99% for cash advances.
• Earn rewards points per dollar spent:
  • 6 TD reward points for every $1 spent on eligible travel booking through Expedia for TD.
  • 4.5 TD reward points for every dollar spent on eligible groceries and restaurant purchases.
  • 3 TD reward points for every dollar spent on recurring bill payments.
  • 1.5 TD reward points for every $1 spent on every other purchase category.
• Access to travel insurance coverage: including flight & trip delay insurance, common carrier accident insurance, delayed or lost baggage insurance, and hotel/motel burglary insurance.
• Earn 50% more Cash Back points at Starbucks upon linking your TD Cash Back Visa Infinite card with your Starbucks® Rewards account.
• Access to Visa Secure, which safeguards cardholders from monetary loss resulting from fraudulent card use.
• Rental Car Collision/Loss Damage: For car rental periods of 48 days or less and cars with an MSRP of up to $65,000.
• Free Mobile Mobile Device Insurance with up to $1,000 of coverage in case of loss, theft, or accidental damage of eligible mobile devices.
• Purchase security for eligible new items stolen or damaged within 90 days of purchase, and extended warranty protection for double the warranty period or up to 12 additional months.
• Enjoy Emergency Travel Assistance Services.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-A-Car with a minimum discount value of 10% off the lowest base rates in Canada and the US and a minimum discount of 5% internationally.
• Optional benefits: These include:
  • TD Auto Club Membership.
  • TD Credit Card Payment Protection Plan: This is a payment protection plan designed to assist you with your TD credit card obligations in case of a job loss, total Disability, or death. You can call 1-866-315-9069 or visit www.TDcanadatrust.com/BP to learn more about the credit protection plan.

Eligibility Requirements

To be eligible for the card, you:

• Must be a permanent Canadian resident.
• Must have attained the majority age in the Canadian province of residence.

Pros Of The TD Platinum Travel Visa Card

• Access to common carrier accident insurance, trip interruption insurance, and other travel insurance coverage, saving you from additional insurance costs.
• No minimum income requirements.
• Car rental discounts at Avis Rent-A-Car and Budget Rent-A-Car locations.
• Access to mobile device insurance claims of up to $1,000 per occurrence.
• Purchase security and extended warranty protection for up to one additional year.

Cons Of The TD Platinum Travel Visa Card

• The card has limited travel insurance coverage as it does not offer out-of-province medical and trip cancellation insurance coverage.
• The card does not offer some travel benefits, such as complimentary access to airport lounges, provided by some TD Privilege Infinite cards.

#4 TD Cash Back Visa Card – Best for entry-level and zero annual fee

The TD Cash Back Visa Card is a decent option if you’re looking to earn cash back on your everyday purchases. With this card, you’ll earn 1% cash back on eligible grocery and gas purchases, as well as regularly recurring bill payments set up on your account. Plus, you’ll earn 0.5% cash back on all other purchases made with your card. And the best part? There’s no annual fee! So you can enjoy all these benefits without any extra cost.

Features

The TD Cash Back Visa Card has excellent features, which include:

• Annual fee: $0 per year, with the yearly fee waived within the first year.
• Additional cardholder fee: $0 annual fee for each additional cardholder.
• Interest rate: 19.99% on purchases & 22.99% for cash advances.
• Earn cash-back rewards per dollar spent:
  • 1% cash back dollars for every $1 spent on eligible grocery and gas purchases and recurring/pre-authorized bill payments on the card.
  • 0.5% in cash back dollars on every other eligible purchase.
  • 50% more rewards points and 50% more stars at Starbucks stores upon linking your TD card to your Starbucks rewards account.
• Access to enhanced security features, including visa zero liability, verified by visa and TD instant fraud alerts.
• Purchase security for eligible new items stolen or damaged within 90 days of purchase, and extended warranty protection for double the warranty period or up to 12 additional months.
• Access to emergency cash advance: With your TD Cash Back Visa Card, you can request an emergency cash advance to a maximum of $500.
• Access to enhanced security features, including visa zero liability, verified by visa and TD instant fraud alerts.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-A-Car with a minimum discount value of 10% off the lowest base rates in Canada and the US and a minimum discount of 5% internationally.
• Option to purchase Business TD Auto Club membership.

Eligibility Requirements

To be eligible for the card:

• You are a Canadian resident.
• You are of the age of majority in your province/territory of residence.
• Your business must not owe any back taxes or any source deductions.

Pros Of The TD Cash Back Visa Card

• Allows you to earn cash-back rewards on every purchase made.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-A-Car.
• Purchase security and extended warranty protection for up to one additional year.
• No minimum individual or household income requirement.
• No annual fee.

Cons Of The TD Cash Back Visa Card

• The card has few benefits besides allowing you to earn cash-back rewards on every purchase.
• Relatively low maximum cash-back of 1% per dollar spent compared to other no-annual fee cash-back cards.
• No welcome bonus offers on the TD Cash Back Visa Card.

#5 TD Business Travel Visa Card – Best for business travel reward points

The TD Business Travel Visa Card is a great option for business owners who want to earn rewards for their business expenses. With this card, you can earn up to 150,000 TD Rewards Points and up to $247 in annual fee rebates in the first year (conditions apply). You’ll also earn 9 TD Rewards Points for every $1 you spend when you book travel online through ExpediaForTD.com, 6 TD Rewards Points for every $1 you spend on foreign currency purchases, restaurant purchases, and regularly recurring bill payments set up on your account, and 2 TD Rewards Points for every $1 you spend on other eligible business purchases. Plus, with the flexibility to redeem your points for travel, merchandise, gift cards and more, you can use your rewards to enhance your business.

Features

TD Business Travel Visa Card has other great features besides its ability to earn rewards on every purchase. These features include:

• Earn up to 150,000 reward points and up to $247 in annual fee rebate when you apply on or before January 3, 2023. These rewards comprise of:
  • Up to 30,000 TD reward points when you make your first purchase.
  • Up to 60,000 additional TD reward points when you spend $5,000 within the first three months.
  • Up to 60,000 further TD reward points when you make purchases worth $2,500 each month for the first 12 months.
  • Annual fee rebate for the primary cardholder and two additional cardholders in the first year.
• Annual fee: $149 per year, with the yearly fee waived within the first year.
• Additional cardholder fee: $49 annual fee for each additional cardholder.
• Interest rate: 19.99% on purchases & 22.99% for cash advances.
• Earn rewards points per dollar spent:
  • 9x TD Rewards points for every $1 spent booking travel online through ExpediaForTD.com:
  • 6x TD Rewards points for every $1 spent on foreign currency purchases, restaurant purchases, and recurring bill payments on card:
  • 2x TD Rewards points for every $1 spent on every other eligible business purchase:
  • Double points when you make payments with your card and provide your Aeroplan number at Aeroplan partner brands and to over 170 online retailers via the Aeroplan eStore:
  • Earn 50% more rewards points and 50% more stars at Starbucks stores upon linking your TD card to your Starbucks rewards account:
• Enjoy discounts of up to 25% off when you make business purchases under the Visa SavingsEdge program.
• Access to TD Card Management tool, a tool to enable business owners to stay on top of their business card spending.
• Access to travel insurance coverage: including travel medical Insurance, common carrier accident insurance, trip cancellation or interruption insurance, and flight/trip delay insurance, and delayed & lost baggage insurance.
• Access to enhanced security features, including visa zero liability, verified by visa and TD instant fraud alerts.
• Rental Car Collision/Loss Damage: For car rental periods of 48 days or less and for cars with an MSRP of up to $65,000.
• Purchase security for eligible new items stolen or damaged within 90 days of purchase, and extended warranty protection for double the warranty period or up to 12 additional months.
• Enjoy Emergency Travel Assistance Services.
• Access to emergency cash advance: With your TD Business Travel Visa card, you can request an emergency cash advance to a maximum of $5,000.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-A-Car with a minimum discount value of 10% off the lowest base rates in Canada and the US and a minimum discount of 5% internationally.
• Option to purchase Business TD Auto Club membership.

Eligibility Requirements

To be eligible for the card:

• You must be a business owner.
• Your business must be a for-profit that operates in Canada.
• You must be applying for the card for your business and not on behalf of someone.
• Your company must not be an endorser or co-signer for any obligation.
• Your business must not have been a party to any claim or lawsuit.
• Your business must not owe any back taxes or any source deductions.

Pros Of The TD Business Travel Visa Card

• The TD Business Travel Visa Card Saves you additional travel insurance costs with its out-of-province emergency medical insurance, common carrier accident insurance, trip interruption insurance, and other insurance coverage benefits.
• Up to 60,000 bonus reward points within the first year when you apply on or before Jan 2023 and when you meet specified spending criteria.
• Earn as high as 9x reward points when you travel online through ExpediaForTD.com.
• Car rental discounts on Avis Rent-A-Car and Budget Rent-A-Car.
• Purchase security and extended warranty protection for up to one additional year.
• No minimum business income requirement.

Cons Of The TD Business Travel Visa Card

• Annual fee of $149 per annum for the primary cardholder, plus $49 for each additional cardholder.
• Most of the best benefits offered by the card are travel related, so the card may not be suitable for folks not big on traveling.

The Bottom Line

TD issues various credit card options for different needs. If you’re looking for a great all-rounder, we strongly feel that the best choice for Canadians is the TD Cash Back Visa Infinite Card for its great cash back rates on common purchase categories and amazing benefits, but there are other great cards as well. If you’re looking for a no-fee credit card from TD, the TD Business Travel Visa Card is the best, while the TD Aeroplan Visa Infinite Card is TD’s best travel rewards card.

That said, TD cards aren’t the best cards we’ve reviewed. After looking at literally hundreds of different options and comparing features, benefits, and costs, we strongly believe the Amex Cobalt to be the best credit card for Canadians in general, while the Amex Platinum is undoubtedly the one with the most extensive and attractive set of travel features and rewards.

TD Credit Cards FAQs

How do TD credit cards work?

TD offers a variety of credit cards best suitable for different purposes: accumulating cash-back rewards, earning travel rewards, and making business purchases. They also have credit cards tailored to help specific demographics, such as students, build their credit history. These cards are called student or entry-level credit cards. As of this article's writing, TD offers over twelve credit card types, about eight personal and four business credit cards.

How do I apply for a TD credit card?

You can apply for a TD credit card online by visiting the TD Bank website. You can click on any of the links for the different cards provided above. To obtain a TD credit card, you must be considered eligible. Eligibility requirements differ by credit card, but they may include the following:

• You must be a Canadian permanent resident or a citizen.
• You have attained the age of majority in your province of residence.
• You meet a minimum individual or household income requirement.

How can I choose the right TD credit card?

Choosing the right TD credit card for you would depend on what you want to achieve with a credit card. Below is a list of all the TD cards on offer, bucketed by major categories.

Travel Rewards Cards TD First Class Travel Visa Infinite Card TD Platinum Travel Visa Card TD Rewards Visa Card TD® Aeroplan® Visa Infinite Card TD® Aeroplan® Visa Platinum Card TD® Aeroplan® Visa Infinite Privilege Card Cash-Back Cards TD Cash Back Visa Infinite Card TD Cash Back Visa Card US Dollar Cards TD U.S. Dollar Visa Card

No Fee Cards TD Cash Back Visa Card TD Rewards Visa Card Low-Interest Cards TD Emerald Flex Rate Visa Card Business Cards TD Business Travel Visa Card TD® Aeroplan® Visa Business Card TD Business Cash Back Visa Card TD Business Select Rate Visa Card

Can I have more than one TD credit card at the same time?

Yes, having more than one TD credit card at a time is possible.

How much is a TD Rewards point worth?

The worth of TD reward points depends on where they are redeemed. They are worth the most when redeemed for travel through Expedia® for TD. 200 TD Rewards Points equals $1 in travel savings when redeemed on travel purchases via Expedia® for TD.

How do I redeem my TD Rewards points?

TD First Class Travel card rewards Points must be redeemed in a minimum of 200-point increments when booking travel purchases through Expedia for TD online or with your phone. For travel purchases not booked through Expedia For TD, reward points are to be redeemed in minimum increments of 200 or 250 points.

What can I redeem my TD Reward points for?

You can redeem your TD Rewards in several ways. Some categories you can redeem your points include:

• Online shopping: You can redeem your TD Rewards Points to purchase items online on TDRewards.com or Amazon.ca with Amazon Shop with Points.
• Travel (Go places with points): You can redeem your TD Rewards points on travel purchases – including flights, hotel rooms, excursions, and car rentals – through Expedia For TD or any other travel agency.
• Financial rewards: Paying down your TD credit card balance.

Do my TD Rewards points expire?

No, the TD Rewards points don’t expire if your TD account remains open with the Bank and is in good standing.