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Toronto Dominion (TD)
Written by Lauren Brown
Last updated on June 4, 2026
Fact Checked
FinlyWealth rating
🏅
4.3
Products they offer:
Best for:
TD Bank is best for Canadians looking for full-service banking with a vast offering of lending products, premium chequing accounts, branch access and cross-border banking support in the US.
Overview
Toronto Dominion, known as TD, delivers a strong all-around banking experience through a broad product lineup and extensive branch networks including 1,100 branches throughout the United States. The bank boasts consistency across many categories with few major weaknesses.
Offering a range of banking products, TD has accounts for Canadian newcomers, youth, students, and even international students. It provides banking starting at a cost of $0 for specific groups up to an “All-Inclusive Banking Plan” with premium features and a much higher price tag. Fee waivers are available for those who maintain a certain balance in their account. Long-term savings rates may be less competitive than online banks and fintechs though.
TD has a smaller credit card offering in comparison to some of the other biggest banks in Canada. It does, however, have some strong products, including the TD® Aeroplan® Visa Infinite Card, which FinlyWealth ranks as the best overall Aeroplan credit card.
With a broad lending offering, TD receives recognition for its Canada-US cross-border services as well as various lending products. Its mortgage and lending breadth is amongst the strongest in Canada, though the bank doesn’t always have the lowest rates.
Pros
- TD Canada’s mobile app ranks well with consumers
- Extensive branch network
- Availability of premium banking options and fee-waiver options
- Stand-out credit cards despite a limited offering
- Promotional pricing periodically available for better rates and rewards
- Extensive mortgage and lending offerings with flexible products
- Strong retail presence in the United States and cross-border support
Cons
- Elevated fees compared to fintechs and digital banks (though competitive amongst the Big Six)
- Monthly account fees on most chequing accounts unless minimum balance maintained
- Minimum balance waiver set at a higher balance compared to the other major banks
- Savings accounts have a lower interest rate, even amongst the Big Six
- Elevated mortgage and loan rates in comparison to digital-first lenders
- Every credit card charges a foreign transaction fee
- Historically extended branch hours were pared back post-Covid
- Premium banking benefits available, though they come at a cost or require high account balances
Product Reviews
Savings Accounts
TD ePremium Savings Account
TD ePremium Savings Account
1.7 Our rating
OPEN ACCOUNT
on TD's website
Welcome Bonus
N/A
Regular Interest
Up to 0.45%
Monthly Fee
$0
The TD ePremium Savings Account targets Canadians who keep larger cash balances and want to earn a higher savings rate than on the bank’s basic savings account. There is no monthly fee, with no cost for transfers made to other TD accounts.
The account’s biggest limitation is that the higher interest rate only applies once your balance reaches the $10,000 qualifying level. As a result, savers with a smaller balance may find other accounts more beneficial. The ePremium Savings Account works for existing TD customers who have substantial savings, though other accounts from competing banks and digital providers may provide more value with better long-term rates.
- Interest earned on balances above $10,000
- Minimum balance not required
- No monthly account fee
- No cost transfers made online or in app between TD chequing and savings accounts ($5 charge per transaction otherwise)
TD Growth™ Savings Account
TD Growth™ Savings Account
2.6 Our rating
OPEN ACCOUNT
on TD's website
Welcome Bonus
Earn the Boosted Rate on eligible accounts with balances over $5,000
Regular Interest
Up to 1.5%
Monthly Fee
$0
The TD Growth Savings Account rewards customers who maintain a larger balance through a tiered interest rate structure. It allows eligible customers to receive a higher rate once they reach a certain balance, all without paying a monthly fee.
The account, however, offers little value to savers with a smaller balance, so modest savers may find better returns from competing savings accounts that pay the same rate on every dollar deposited.
Existing TD customers who plan to keep a significant cash balance may benefit from the account. Some other banks and digital institutions provide a more attractive rate without requiring customers to meet balance thresholds.
Earn a Boosted Savings Rate for eligible accounts with balances over $5,0001
- Earn a Boosted savings rate for eligible accounts with balances over $5,0001
- Interest a higher rate of interest the more you save
- No monthly account fee
- Unlimited transfers to your TD deposit accounts ($5 charge for other transactions)
TD Every Day Savings Account
TD Every Day Savings Account
2.45 Our rating
OPEN ACCOUNT
on TD's website
Welcome Bonus
N/A
Regular Interest
0.01%
Monthly Fee
$0
The TD Every Day Savings Account provides a simple place to store cash while maintaining easy access to your money. There is no monthly fee, and customers can make a single withdrawal every month.
While it does pay interest on the balance, the account offers a lower interest rate than some of its competitors. If you prioritize a higher return on your savings, it might be wise to look to a digital institution instead, though existing TD customers may appreciate the account’s integration with the rest of their banking.
- Earn interest on your entire balance
- No monthly account fee
- No minimum balance required
- Includes one free transaction per month ($3 charge thereafter)
- No limit on transfers to TD deposit accounts
Chequing Accounts
OPEN ACCOUNT
on TD's website
Welcome Bonus
Receive up to $750 in value on new accounts(§)
Regular Interest
Up to 0%
Monthly Fee
$17.95 (waived with $4,000 balance)
Account Type
Chequing • Personal
TD’s Unlimited Chequing Account is designed for everyday banking for those who don’t want to worry about transaction limits. While the account pays no interest on the balance, that is quite common for chequing accounts.
With no cap on debits, bill payments and e-Transfers, the account works to meet your daily banking needs. It’s a feasible option, though the account’s monthly fee is on the high side. A fee waiver is available if you meet their minimum balance, similar to other accounts from the traditional banks.
The Unlimited Chequing Account from TD is a sound option if you want an account with a major bank and access to their large branch and ATM network. Many digital institutions have a similar offering that comes with a lower price tag though.
Earn up to $750 in value for new TD Unlimited Chequing Accounts.
Interest rates
All balances 0%
- No limit on transactions
- Full fee rebate if you meet the minimum balance requirement of $4,0001, 2
- Free Interac e-Transfers3
- No charge from TD for ATM transactions within Canada5
- Paper statement $2.00 monthly
- Account holders get a first year fee rebate on eligible TD credit cards4
Account Fees
Monthly Fee
$17.95
Fee Waiver: Full fee rebate if you meet the minimum balance requirement
$4,000 min. balance
eStatement
Included
Transactions
e-Transfer Fee
$0
ATM Fees
Own Network
$0
Canadian ATMs
$0
USA
$3
International
$5
OPEN ACCOUNT
on TD's website
Welcome Bonus
N/A
Regular Interest
Up to 0%
Monthly Fee
$11.95 (waivable)
Account Type
Chequing • Personal
Designed for Canadians with lighter banking needs, the TD Every Day Chequing Account provides a set number of monthly transactions. It does not pay interest on your balance, which is common amongst traditional chequing accounts.
This account includes free Interac e-Transfers as well as access to TD’s extensive branch and ATM network. With a monthly fee that is lower than TD’s premium chequing options, the Every Day Chequing Account is ideal for those who only require moderate usage.
If you prefer using a traditional bank and don’t require unlimited transactions, this account is a practical option. For heavy banking users or those seeking a low-cost alternative, there may be other accounts offering stronger value.
- 25 no-cost monthly transactions
- Full fee rebate if you meet the minimum balance requirement of $3,0001
- Free Interac e-Transfers
- $2 charge from TD for non-network ATM transactions in Canada
- Paper statement $2.00 monthly
- Earn bonus stars at a rate of 0.5 for every dollar spent at participating Starbucks
Account Fees
Monthly Fee
$11.95
eStatement
Included
Transactions
Free Transactions / Month
25
ATM Fees
Own Network
$0
Canadian ATMs
$2
USA
$3
International
$5
TD Minimum Chequing Account
TD Minimum Chequing Account
3.6 Our rating
OPEN ACCOUNT
on TD's website
Welcome Bonus
N/A
Regular Interest
Up to 0%
Monthly Fee
$3.95 (waivable)
Account Type
Chequing • Personal
If you are looking to keep banking costs as low as possible while still maintaining access to a major bank, the TD Minimum Chequing Account is one of the bank’s most affordable choices. The account includes 25 monthly transactions, which is more than some of the competing low-cost chequing accounts offered by its big bank competitors. It also has free e-Transfers.
The account delivers value for those who do not need unlimited transactions. However, frequent users may outgrow the account and find better value with an unlimited chequing account or no-fee digital alternative.
- Low cost account with a monthly fee of $3.95 and waived for specific individuals1
- No minimum balance requirement
- 25 no-fee monthly transactions and unlimited transactions on public transit
- Free Interac e-Transfers
- $2 charge from TD for non-network ATM transactions in Canada
- Paper statement included
- Earn bonus stars at a rate of 0.5 for every dollar spent at participating Starbucks9
Account Fees
Monthly Fee
$3.95
Fee Waiver: fee waived for certain individuals1
Full waiver
eStatement
Included
ATM Fees
Own Network
$0
Canadian ATMs
$2
USA
$3
International
$5
TD Student Chequing Account
TD Student Chequing Account
4.8 Our rating
OPEN ACCOUNT
on TD's website
Welcome Bonus
Receive value of up to $560 with a Student Banking Package
Regular Interest
Up to 0.01%
Monthly Fee
$0
Account Type
Chequing • Student
Students looking for a no-cost banking solution will find plenty to like with the TD Student Chequing Account. Not only does it have no monthly fee, but it also comes with unlimited transactions and extensive branch and ATM access. It’s particularly useful for those students studying away from home in other parts of the country.
Paying a 0.010% interest rate on all balances, the TD Student Chequing ranks ahead of many competing student accounts. Some digital alternatives may have additional perks, though this account stands out amongst student accounts offered by the big banks.
Get as much as $560 in value with a Student Banking Package:
- Cash offering of $125 when you open a new Student Chequing Account and complete two of the following by August 31, 2026:
Arrange a recurring direct deposit and receive payment from either your employer or the Government
Initiate or receive an e-Transfer for $30 or more
Use your Visa Debit to make an online purchase
Establish Pre-Authorized Transfer Service or Simply Save Service on your TD Savings Account
- Cash Back Dollars of up to $100 if you open an eligible TD Cash Back Visa before June 29, 2026
- Get up $250 in value when you open your first TD Direct Investing Account
- Savings of $60 with no monthly fees annually on TD Monthly Plan Overdraft Protection services on a new Student Chequing Account
- $25 gift card for Uber when you (a) establish a TD Student Chequing Account and meet eligibility criteria before August 31, 2026 (b) open a qualifying credit card before June 29, 2026. You must also keep the Student Chequing Account and your credit card active for five months after the account opening.
Offer expires June 29, 2026
- Made for students and youth under the age of 23
- No monthly fee on the account or overdraft protection
- Free Interac e-Transfers
- Minimum balance not required
- Interest earned on all balances
- Receive 0.5 bonus stars for every dollar of spending at participating Starbucks6
Account Fees
Monthly Fee
$0
eStatement
Included
Transactions
e-Transfer Fee
$0
ATM Fees
Own Network
$0
Canadian ATMs
$2
USA
$3
International
$5
Credit Cards
APPLY NOW
on TD's website
Welcome Bonus
Up to $1,350 in value† including up to 40,000 Aeroplan points† and a first-year Annual Fee rebate.
Annual Fee
$139 $0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
4.5/5
The TD® Aeroplan® Visa Infinite Card* is an excellent choice for frequent Air Canada travelers looking to maximize their rewards with Aeroplan points. With perks like free checked bags, Preferred Pricing, and a first-year fee rebate, it’s ideal for users who value Air Canada-specific benefits. However, the card’s high income requirement and limited non-Air Canada redemption options may not appeal to everyone.
Awards & Recognition
Best Aeroplan Credit Card
2026
Pros
- Decent rewards
- First-year fee rebate
- Comprehensive insurance
- Impressive travel perks
Cons
- Relatively lower reward rates
- Limited airline loyalty
- Annual fee
- Income requirements
Rewards
- Earn 1.5 points† for every $1 spent on eligible gas, electric vehicle charging, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your Card.
- Earn 1 point† for every $1 spent on all other Purchases made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Your Aeroplan Points do not expire as long as you are a TD® Aeroplan® Visa Infinite* Cardholder in good standing.
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
Insurance
Coverage
Travel Medical Insurance (64 & under)†
21 daysTravel Medical Insurance (65 to 75)†
4 days
Trip Cancellation†
$1,500
Trip Interruption†
$5,000
Flight Delay†
$500Baggage Delay†
$1,000
Lost or Stolen Baggage†
$1,000
Common Carrier Travel Accident Insurance†
$500,000.svg?dpl=dpl_2ffHSTvJo1hojctS14hRkmXzJzsG)
Car Rental Damage & Theft†
yes
Hotel Burglary Insurance†
$2,500
Purchase Protection†
90 days
Extended Warranty†
1 year
Mobile Device Insurance†
$1,000
Benefits
Details
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Free first checked bag†
First checked bag is free for primary cardholder on Aircanada flights and up to 8 guests
Nexus Program Rebate†
$100 every 4 years
Visa Infinite Exclusive Benefits†
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Concierge Services†
Golf Benefit†
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.S
Extra points†
Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.Extra points†
Earn points twice at over 150 Aeroplan partner brands and over 200 online retailers through the Aeroplan eStore.svg?dpl=dpl_2ffHSTvJo1hojctS14hRkmXzJzsG)
Status lift†
Reach Aeroplan Elite™ Status sooner by earning 1,000 Status Qualifying Miles and one (1) Status Qualifying Segment for every $10,000 of net purchases
Car Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Trip and legal Assistance†
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
APPLY NOW
on TD's website
Welcome Bonus
Earn up to $600 in total value†
Annual Fee
$139 $0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.9/5
This is a great keeper card, especially for recurring bills and subscriptions. A main notable benefit is the roadside assistance, which is a great valuable perk to have.
Pros
- Roadside assistance
- First-year fee rebate
Cons
- Low base earn rate
- Basic travel insurance
Rewards
- Earn 3% in Cash Back Dollars on Grocery, Gas & Electric Vehicle Charging, Public Transit Purchases.†(max $450 cashback per year, then 1% earning applies)
- Earn 3% in Cash Back Dollars on Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases†. (max $450 cashback per year, then 1% earning applies)
- Earn 1% in Cash Back Dollars on all other Purchases
- Redeem your Cash Back Dollars to help pay down your Accounts balance whenever you please - the choice is yours†!
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
Insurance
Coverage
Travel Medical Insurance (64 & under)†
$2M, 10 daysTravel Medical Insurance (65 to 75)†
$2M, 4 daysLost or Stolen Baggage†
$1000Baggage Delay†
$1000Car Rental Damage & Theft†
IncludedMobile Device Insurance†
$1000Purchase Protection†
90 daysExtended Warranty†
1 year
Benefits
Details
Extra points†
Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions applyConcierge Services†
Visa Infinite Exclusive Benefits†
Roadside Assistance†
Receive 24/7 Roadside Assistance with Free Deluxe TD Auto Club membershipCar Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
APPLY NOW
on TD's website
Welcome Bonus
Earn up to $100 in Cash Back Dollars† with the TD Cash Back Visa* Card.
Annual Fee
$0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560⁎Fair
660⁎Good
725⁎Very Good
760⁎Excellent
2.7/5
The TD Cash Back Visa Card is a solid no-fee option for individuals looking for a basic, easy-to-use credit card. While its rewards rates aren't the highest, the ability to redeem cash back anytime, coupled with no annual fee and essential insurance coverage, makes it an appealing choice for those with moderate spending who want a straightforward rewards card.
Pros
- No annual fee
- Decent cashback
- Flexible redemptions
Cons
- Low base earn rate
- Limited insurance
Rewards
- Earn 1% in Cash Back Dollars on Grocery, Gas & Electric Vehicle Charging, Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases†.
- Earn 0.5% in Cash Back Dollars on all other Purchases made with your Card†.
- Once your Cash Back Dollars balance hits $25, you can redeem those Cash Back Dollars as credit towards your account balance†.
- Your Cash Back Dollars never expire as long as your account is open and in good standing.
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
Insurance
Coverage
Purchase Protection†
90 daysExtended Warranty†
Up to 1 year
Benefits
Details
Extra points†
Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.Car Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Eligibility
Credit Score
FairAnnual Income
N/A
APPLY NOW
on TD's website
Welcome Bonus
Earn up to $1,300 in value†, including up to 146,000 TD Rewards Points† and receive an Annual Fee rebate for the first year†.
Annual Fee
$139 $0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
4.7/5
The TD First Class Travel Visa Infinite Card is an excellent option for frequent travelers who book through Expedia For TD and want to maximize rewards on travel purchases. The high welcome bonus and extensive insurance coverage make this card stand out. However, the high income requirements and limited value of TD points may not make it the best fit for everyone.
Pros
- High rewards
- First-year fee rebate
- Extensive insurance
- Annual travel credit
Cons
- High income requirements
- Low point value
- Potentially week booking portal
Rewards
- Earn 8 TD Rewards Points† for every $1 you spend when you book travel through Expedia® For TD†
- Earn 6 TD Rewards Points† for every $1 you spend on Groceries, Dining, and Public Transit†
- Earn 4 TD Rewards Points† for every $1 you spend on Recurring Bill Payments and Streaming, Digital Gaming & Media†
- Earn 2 TD Rewards Points For every $1 you spend on other Purchases made using your Card† plus earn an annual Birthday Bonus† of up to 10,000 TD Rewards Points
- Earn more at Starbucks: Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
Insurance
Coverage
Travel Medical Insurance (64 & under)†
21 daysTravel Medical Insurance (65 to 75)†
4 daysTrip Cancellation†
$1,500Trip Interruption†
$5,000Flight Delay†
$500Baggage Delay†
$1,000Lost or Stolen Baggage†
$1,000Common Carrier Travel Accident Insurance†
$500,000Car Rental Damage & Theft†
yesHotel Burglary Insurance†
$2,500Purchase Protection†
90 daysExtended Warranty†
Up to 1 yearMobile Device Insurance†
$1,000
Benefits
Details
Visa Infinite Exclusive Benefits†
Concierge Services†
Golf Benefit†
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.SExtra points†
Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
Annual Birthday Bonus†
Earn a Birthday Bonus of up to 10,000 TD Rewards PointsCar Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car.svg?dpl=dpl_2ffHSTvJo1hojctS14hRkmXzJzsG)
Travel Credit†
Get an annual TD Travel Credit of $100 when you book at Expedia For TD
Airport Lounge - Dragon Pass†
Enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
APPLY NOW
on TD's website
Welcome Bonus
0% interest rate on Purchases for the first 6 months† and a first-year Annual Fee rebate.
Rewards Rate
N/A
Annual Fee
$25 $0
Interest Rates
12.90%□ / 12.90%□
RECOMMENDED CREDIT SCORE
300Poor
560⁎Fair
660⁎Good
725⁎Very Good
760⁎Excellent
4.1/5
A low-interest credit card in case you want to carry a balance every month. For people who don't have a balance right now but will in the future, the promotional interest rate is a nice benefit of this card.
Pros
- Low annual fee
- Lower annual interest rate
Cons
- No rewards
Rewards
With the TD Low Rate Visa* Card you can enjoy great financial flexibility for your everyday purchases.
- Save on interest with a low annual interest rate of 12.90%† for Purchases and Cash Advance transactions.
- Option to purchase Travel Medical Insurance† and Trip Cancellation/Trip Interruption Insurance†.
- Earn more Starbucks Stars at participating Starbucks® stores. Conditions apply.
- Enjoy all of the benefits of your TD Low Rate Visa* Card when using Apple Pay† or Samsung Pay†. It's an easy and secure way to pay.
Insurance
Coverage
Purchase Protection†
90 daysExtended Warranty†
1 year
Benefits
Details
Extra points†
Earn more Starbucks Stars at participating Starbucks® stores. Conditions apply.
Eligibility
Credit Score
FairAnnual Income
N/A
Welcome Bonus
Earn up to $370 in value†, including up to 50,000 TD Rewards Points† and receive an annual fee rebate for the first year†. Conditions apply.
Annual Fee
$89 $0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.5/5
The TD Platinum Travel Visa* Card is a solid choice for individuals looking for travel rewards and flexibility without a high annual fee. Its first-year fee waiver, valuable welcome bonus, and comprehensive insurance package make it a strong contender in the travel card category. However, the lower point value and lack of trip cancellation insurance may be a drawback for frequent travelers.
Pros
- High travel rewards
- First-year fee rebate
- No income requirements
- Comprehensive insurance
Cons
- Low point value
- Low non-travel return
- Missing key insurance categories
Rewards
- Earn 6 TD Rewards Points† for every $1 you spend when you book travel through Expedia® For TD†.
- Earn 4.5 TD Rewards Points for every $1 you spend on Groceries and Restaurants†.
- Earn 3 TD Rewards Points for every $1 you spend on regularly recurring bill payments set up on your Account†.
- Earn 1.5 TD Rewards Points For every $1 you spend on other Purchases made using your Card†.
- Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
Insurance
Coverage
Flight Delay†
$500Baggage Delay†
$1,000Lost or Stolen Baggage†
$1,000Common Carrier Travel Accident Insurance†
$500,000Car Rental Damage & Theft†
yesHotel Burglary Insurance†
$2,500Purchase Protection†
90 daysExtended Warranty†
Up to 1 yearMobile Device Insurance†
$1,000
Benefits
Details
Extra points†
Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.Car Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Eligibility
Credit Score
GoodAnnual Income
N/A
APPLY NOW
on TD's website
Welcome Bonus
Earn a value of $100† in TD Rewards Points† to use on eligible Amazon.ca purchases.
Annual Fee
$0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
2.8/5
The TD Rewards Visa Card* is a great choice for individuals looking for a no-fee card with moderate rewards. It offers solid perks like mobile device insurance and flexible rewards redeemable for travel, gift cards, and more. However, the lower point value and limited earning potential on everyday purchases may not appeal to frequent spenders looking for maximum rewards.
Pros
- No annual fee
- Strong rewards
- Mobile device insurance
- Car rental discounts
Cons
- Low point value
- Limited insurance
Rewards
- Earn 4 TD Rewards Points for every $1 you spend when you book travel through Expedia® For TD†
- Earn 3 TD Rewards Points for every $1 you spend on Groceries and Restaurants†
- Earn 2 TD Rewards Points for every $1 you spend on regularly recurring bill payments set up on your Account†
- Earn 1 TD Rewards Points For every $1 you spend on other Purchases made using your Card†
- Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
Insurance
Coverage
Purchase Protection†
90 daysExtended Warranty†
Up to 1 yearMobile Device Insurance†
$1,000
Benefits
Details
Extra points†
Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.Car Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Eligibility
Credit Score
GoodAnnual Income
N/A
APPLY NOW
on TD's website
Welcome Bonus
Up to $3,000 in value† including up to 85,000 Aeroplan points† could be yours. Conditions Apply.
Annual Fee
$599
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
4.3/5
If you travel a lot throughout the year with Air Canada, the benefits of this card can significantly enhance your experience. It can help you achieve the next status level with Aeroplan and provide a better airport experience, therefore it can be worth the price tag. However, if you don't frequently fly with Air Canada, the benefits may not justify the card's expensive price tag.
Pros
- Elite Air Canada experience
- High insurance coverage
- Luxury perks
- Generous intro offer
Cons
- Low reward rates
- Limited airline flexibility
- High annual fee
- Limiting airport lounge brand
Rewards
- Earn 2 points† for every $1 spent on eligible purchases made direct through Air Canada® purchases (including Air Canada Vacations®)
- Earn 1.5 points† for every $1 you charge to your Card on eligible gas, electric vehicle charging, groceries, travel & transit and dining purchases.
- Earn 1.25 points† for every $1 spent on all other purchases made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Earn more at Starbucks: Link your eligible Card to earn 50% more Aeroplan points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
Insurance
Coverage
Travel Medical Insurance (64 & under)†
31 daysTravel Medical Insurance (65 to 75)†
4 daysTrip Cancellation†
$2,500/person, $5,000/tripTrip Interruption†
$5,000/person, $25,000/tripFlight Delay†
$1,000/person after 4 hoursBaggage Delay†
$1,000/person after 4 hoursLost or Stolen Baggage†
$2,500/personCommon Carrier Travel Accident Insurance†
$500,000Car Rental Damage & Theft†
48 daysHotel Burglary Insurance†
$2,500Purchase Protection†
120 daysExtended Warranty†
2 yearsMobile Device Insurance†
$1,500
Benefits
Details
Free first checked bag†
First checked bag is free for primary cardholder on AirCanada flight and up to 8 guestsNexus Program Rebate†
up to $100 every 4 yearsVisa Infinite Exclusive Benefits†
Concierge Services†
Golf Benefit†
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.SExtra points†
Link your eligible Card to earn 50% more Aeroplan points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.Extra points†
Earn points twice at over 150 Aeroplan partner brands and over 200 online retailers through the Aeroplan eStoreStatus lift†
Reach Aeroplan Elite™ Status sooner by earning 1,000 Status Qualifying Miles and one (1) Status Qualifying Segment for every $5,000 of net purchasesCar Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A CarTrip and legal Assistance†
Extra points†
Earn 2 Aeroplan points for every $1 you spend on eligible purchases with Rocky Mountaineer, Plus, cardholders could receive a GoldLeaf Upgrade, and a hotel room upgradeStatus lift†
Complimentary upgrade to Avis® President's ClubStatus lift†
Primary Cardholders who also hold Aeroplan Elite Status can roll over up to 200,000 Status Qualifying Miles (SQM) beyond the status level for which they’ve qualified, from the prior qualification year to qualify for status the next year.Status lift†
Primary Cardholders who also hold Aeroplan Elite Status will benefit from an extra 12 months to use eUpgrade credits, for a total of 24 months from issuance.Status lift†
Diamond Status with Visa RSVP Rewards™ Benefit. Benefits at 60+ participating Sandman, Sandman Signature and Sutton Place Hotels from coast-to-coast in Canada and beyond.
Priority Travel†
At Toronto, Vancouver, Ottawa and Montreal airports get benefits such as Priority Security lane, Complimentary valet, premium parking spots, priorioty taxi and limo lane and discount for parking.Priority Travel†
Get Priority Check-in, Priority Boarding and Priority Baggage Handling, Priority Airport Standby & Priority Airport Upgrades for you, your authorized users and up to 8 companions on the same flight (Only AirCanada)Airport Lounge - Dragon Pass†
6 Free complimentary visitsAirport Lounge - Maple Leaf and AirCanada Cafes†
Unlimited Access for you and one guest
Companion Voucher†
Annual Worldwide Companion Pass from $99 to a max of $599 After spending $25,000 on your card
Eligibility
Credit Score
GoodAnnual Income
$150,000 personal or $200,000 household
APPLY NOW
on TD's website
Welcome Bonus
Up to $500 in value†, including up to 20,000 Aeroplan points†
Annual Fee
$89 $0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.6/5
The TD® Aeroplan® Visa Platinum* Card is a solid option for individuals who frequently fly with Air Canada and want a low-fee entry into the Aeroplan rewards program. However, if you want broader reward options or higher earnings on non-Air Canada purchases, it may not be the best fit.
Pros
- Preferred Aeroplan flight pricing
- First-year fee rebate
- Decent insurance
- Car rental discounts
- Generous intro offer
Cons
- Lower reward rates
- Limited redemption value
Rewards
- Earn 1 point† for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card
- Earn 1 point† for every $1.50 spent on all other eligible purchases† made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Your Aeroplan Points do not expire as long as you are a TD® Aeroplan® Visa Platinum* Cardholder
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
Insurance
Coverage
Flight Delay†
$500Baggage Delay†
$1,000Lost or Stolen Baggage†
$1,000Common Carrier Travel Accident Insurance†
$500,000Car Rental Damage & Theft†
yesPurchase Protection†
90 daysExtended Warranty†
Up to 1 year
Benefits
Details
Extra points†
Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.Extra points†
Earn points twice at over 150 Aeroplan partner brands and over 200 online retailers through the Aeroplan eStoreCar Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Eligibility
Credit Score
GoodAnnual Income
N/A
APPLY NOW
on TD's website
Welcome Bonus
Up to 60,000 Aeroplan pointsΓ
Annual Fee
$149
Interest Rates
14.99% / 22.99%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.1/5
A well-rounded Aeroplan card that earns 2x on Air Canada purchases and 1.5x across travel, dining, transit, and common business categories. The real draw is the travel perks: free first checked bag, NEXUS application rebate, and Maple Leaf Lounge passes you can unlock through spending. At $149/year, it’s priced lower than most premium travel cards and delivers solid value if you fly Air Canada even a few times a year. If you rarely fly Air Canada or prefer flexible redemption, this card won’t justify itself — the rewards are built entirely around the Aeroplan ecosystem.
Pros
- Generous welcome bonus
- 2x points on Air Canada purchases
- NEXUS application fee rebate
- Maple Leaf Lounge guest passes
Cons
- Base earn rate of 1x
- $149 annual fee
- Additional cards cost $49
- Limited value if you rarely fly Air Canada
Rewards
- Earn 2 points for every $1 spent on eligible purchases made directly with Air Canada® including Air Canada Vacations®.6
- Earn 1.5 points for every $1 you spend on eligible purchases for travel & transit, dining or electric vehicle charging and select business categories such as shipping, internet, cable and phone services made on your Card.6
- Earn 1 point for every $1 you spend on all other eligible purchases on your Card.6
- Earn points twice When you pay and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore.2
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
1 yearCommon Carrier Travel Accident Insurance
Up to $500,000Travel Medical Insurance (64 & under)
Up to 15 days, for up to $2MTravel Medical Insurance (65 to 75)
Up to 4 daysTrip Cancellation
$1,500Trip Interruption
$5,000Flight Delay
$500Baggage Delay
$1,000Lost or Stolen Baggage
$1,000Hotel Burglary Insurance
$2,500Car Rental Damage & Theft
Included up to 48 days
Benefits
Details
Extra points
Link your eligible Card to earn 50% more Stars at participating Starbucks stores. Conditions apply.Car Rental Discount
Use your TD Credit Card to save a minimum of 10% off the lowest available base rates(17,18) in Canada and the U.S., and a minimum of 5% off the lowest available base rates(17,18) internationally, on qualifying car rentals at participating Avis and Budget locations.Nexus Program Rebate
Up to $100 CAD every 48 monthsFree first checked bag
For you and up to 8 companionsStatus lift
Primary Business Cardholders(3) can get 1,000 SQC for every $20,000 in eligible net purchases charged to the card account, up to 25,000 SQC(21).Airport Lounge - Maple Leaf and AirCanada Cafes
The Primary Business Cardholder will earn a pass for every $10,000 of net purchases (less any returns and credits), up to a maximum of four passes a year. Passes can be used by the Primary Business Cardholder or Additional Cardholders and their guest, at select Maple Leaf Lounges in North America with a same day ticket on a departing Air Canada flight.
Eligibility
Credit Score
GoodAnnual Income
N/A
Customer Experience
3.2/5
As the second biggest bank in Canada, TD has mixed reviews for customer satisfaction. Its mobile app is well rated, and it has a broad product offering and North American infrastructure. But the bank’s customer service is lacking, which drags its score down. Like many of the other Big Five banks in Canada, TD receives criticism from its customers for negative experiences with staff members. Many say the service is both “slow and inefficient.” Customers have also noted difficulties with TD’s complaints system. As a result, Trustpilot gives the bank a rating of only 1.3 out of 5 stars.
Rating Methodology
How We Rate Toronto-Dominion Bank (TD)
Our ratings are based on a comprehensive evaluation of each financial institution across multiple categories. We assess the quality and competitiveness of their products, fees, interest rates, customer experience, and overall value proposition.
Overall Rating
A weighted average reflecting the institution's performance across all evaluated categories.
Product Offerings
Evaluates the breadth and quality of available products including credit cards, savings accounts, and chequing accounts.
Fees & Rates
Compares monthly fees, interest rates, and fee waiver options against industry standards.
Customer Experience
Assesses the quality of customer support, digital banking tools, and overall user experience.
Rating Scale: All ratings are on a scale of 0 to 5, where 5 represents exceptional performance and 0 represents significant concerns. Ratings are reviewed and updated regularly to reflect changes in products, pricing, and services.
Frequently Asked Questions
TD stands out for its cross-border banking integration with the United States. It also maintains the second-largest number of branches nationwide.
TD operates a large retail banking business in the United States, making it a solid choice for cross-border services. The bank is popular amongst snowbirds, travellers, and Canadians who regularly spend time in the U.S.