RBC Avion Visa Infinite Business Credit Card vs TD Business Cash Back Visa* Card

Both business cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.

RBC Avion Visa Infinite Business Credit Card

3.3

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Our review Rewards calculator

TD Business Cash Back Visa* Card

3.5

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Our review Rewards calculator

Worked out on a typical small business spending $4,000 a month. Enter yours to see your own numbers.

$1,549

First-year value

$250

$849

Every year after

$250

RBC Avion Visa Infinite Business Credit Card is worth $1,299 more to your business in year one.

It stays ahead after that, by $599 a year.

How the first year adds up

Rewards and the welcome bonus in, the annual fee, FX fees and employee cards out, at your spending.

$1,203.6

in RBC Avion (Elite) Rewards points a year

Annual rewards

$429.9

cash back a year

+ $700

first year only

Welcome bonus

+ $0

no welcome offer

− $175

Annual fee

− $0

no annual fee

− $180

2.5% on $600/mo

FX fees

− $180

2.5% on $600/mo

$1,548.6

First-year value

$249.9

Where each card earns

A year of your spending on each card, category by category, biggest spend first.

RBC Avion Visa Infinite Business Credit Card earns more on 17 of your 17 categories.

$314.88

at 1.25x

All Other Business Expenses

$12,600 a year

$63

at 0.5%

$153.84

at 1.25x

US Dollar Purchases

$6,150 a year

$30.75

at 0.5%

$120

at 1.25x

Recurring Bills & Subscriptions

$4,800 a year

$96

at 2%

$90

at 1.25x

Gas & EV Charging

$3,600 a year

$72

at 2%

$90

at 1.25x

Dining & Restaurants

$3,600 a year

$18

at 0.5%

$74.88

at 1.25x

Office Supplies

$3,000 a year

$60

at 2%

$60

at 1.25x

Phone, Internet & Cable

$2,400 a year

$12

at 0.5%

$44.88

at 1.25x

Hotels

$1,800 a year

at 0.5%

$44.88

at 1.25x

Shipping & Courier

$1,800 a year

at 0.5%

$44.88

at 1.25x

Accounting & Bookkeeping

$1,800 a year

at 0.5%

$30.72

at 1.25x

Other Foreign Currencies (EUR, GBP, etc.)

$1,230 a year

$6.15

at 0.5%

$30

at 1.25x

Electronics & Software

$1,200 a year

at 0.5%

$30

at 1.25x

Air Canada

$1,200 a year

at 0.5%

$30

at 1.25x

Transportation

$1,200 a year

$24

at 2%

$14.88

at 1.25x

Other Airlines

$600 a year

at 0.5%

$14.88

at 1.25x

Car Rental

$600 a year

at 0.5%

$14.88

at 1.25x

Other Travel

$600 a year

at 0.5%

$1,203.6

Rewards in a year

$429.9

Welcome bonus

Each offer as the issuer words it, then which milestones your spending reaches.

RBC Avion Visa Infinite Business Credit Card

Get 35,000 Welcome Avion points upon approval.² That’s enough points to fly almost anywhere in Canada & the US except Hawaii & Alaska (a value of up to $750^{^}), taxes & fees extra. Enjoy the travel benefits, plus access to other features designed to help simplify your business and maximize cash flow.

TD Business Cash Back Visa* Card

No welcome bonus right now.

RBC Avion Visa Infinite Business Credit Card

Worth $700 at your spending

35,000 Avion points on approval

35,000 pts

TD Business Cash Back Visa* Card

No welcome bonus to work towards right now.

Fees, rates and eligibility

What each card costs to hold and to use abroad, and who it's for.

$175

Annual fee

$75 (max 9)

Employee cards

2.5%

Foreign transaction fee

2.5%

RBC Avion (Elite) Rewards

Rewards

Cash back

Visa

Network

Visa

RBC Avion Visa Infinite Business Credit Card

Interest rates

Purchase:

19.99%

Cash Advance:

22.99%

Balance Transfer:

22.99%

Recommended credit score

300

Poor

560

Fair

660

Good

725⁎

Very Good

760⁎

Excellent

⁎Estimates based on Equifax scoring

Income required

Min Personal Income:

$60,000

Min Household Income:

$100,000

TD Business Cash Back Visa* Card

Interest rates

Purchase:

19.99%

Cash Advance:

22.99%

Recommended credit score

300

Poor

560

Fair

660⁎

Good

725⁎

Very Good

760⁎

Excellent

⁎Estimates based on Equifax scoring

Income required

Min Personal Income:

N/A

Min Household Income:

N/A

How each card earns

The earn rates and caps, as each issuer sets them.

RBC Avion Visa Infinite Business Credit Card

Earn 1.25 Avion points for every $1 spent in net purchases with your card, on up to $75,000 per year³
Earn 1 Avion point for every $1 spent in net purchases after the first $75,000 annually

TD Business Cash Back Visa* Card

Earn 2% in Cash Back Dollars on Gas, Electric Vehicle Charging and Public Transit Purchases²
Earn 2% in Cash Back Dollars on eligible Office Supply Purchases²
Earn 2% in Cash Back Dollars on recurring bill payments and Streaming, Digital Gaming & Media³
Earn 0.5% in Cash Back Dollars on all other Purchases made with your Card⁴

Insurance and perks

What both cards include comes first in each list.

RBC Avion Visa Infinite Business Credit Card

Insurance

Extended Warranty

Up to 1 year

Purchase Protection

90 days

Lost or Stolen Baggage

$1,000

Baggage Delay

$500

Car Rental Damage & Theft

Included

Common Carrier Travel Accident Insurance

$500,000

Mobile Device Insurance

$2,000

Hotel Burglary Insurance

$2,500

Travel Medical Insurance (64 & under)

15 days (unlimited coverage)

Travel Medical Insurance (65 to 75)

3 days

Trip Cancellation

$1,500

Trip Interruption

$5,000

Flight Delay

$500

Perks

Airport Lounge - Dragon Pass

Pass only, must pay $32 USD per visit

Gas Discount

save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada and 20% more Avion points at Petro-Canada

TD Business Cash Back Visa* Card

Insurance

Extended Warranty

1 year

Purchase Protection

90 days

Perks

Car Rental Discount

Save with Avis Rent A Car and Budget Rent A Car. Use your TD Credit Card to save a minimum of 10% of the lowest available base rates(8,9) in Canada and the U.S., and a minimum of 5% of the lowest available base rates(8,9) internationally, on qualifying car rentals at participating Avis and Budget locations.

Extra points

Link your eligible Card to earn 50% more Stars at participating Starbucks stores. Conditions apply.

Our take

RBC Avion Visa Infinite Business Credit Card

The premium tier of RBC’s business Avion line, with a higher 1.25x flat earn rate and noticeably better insurance — including trip cancellation, emergency medical, and rental car coverage. Avion points transfer to partners like British Airways, WestJet, and Cathay Pacific, which can unlock outsized value on flights if you know how to use them. At $175/year, it’s a meaningful step up in fee from the regular Avion Business card, so it really only makes sense if you’ll use the insurance and travel perks. Not ideal for businesses that prefer straightforward cash back or don’t travel much.

Decent reward flat rate
Flexible redemption options
Comprehensive insurance
Interest-free grace period
Gas discounts

Supplementary card fees
Foreign transaction fees

TD Business Cash Back Visa* Card

No annual fee and 2% cash back on the categories most small businesses actually spend on — gas, office supplies, recurring bills, EV charging, and digital media. It’s one of the simplest business cards available: earn cash back, get a statement credit, done. The downside is clear: the 0.5% base rate on everything else is low, and each 2% category is capped at $15,000/year. For a small business with moderate, predictable spending, this is a genuinely good free card. For higher spenders, the caps will hold you back.

$0 annual fee
Simple cashback structure
Free additional cards

Low 0.5% base reward rate
No travel insurance coverage
$15,000 annual cap per 2% category
No welcome bonus

More business card comparisons

Each card against every other business card we review.

RBC Avion Visa Infinite Business Credit Card

TD Business Cash Back Visa* Card

Legal

RBC Avion Visa Infinite Business Credit Card

^{^}Air Travel Reward redemptions from the Air Travel Redemption Schedule start at 35,000 Avion points for a round trip long-haul flight to almost anywhere in Canada or the United States, exclusive of Hawaii or Alaska, with a maximum ticket price of $750. All applicable taxes, service fees and surcharges are the responsibility of the traveller. For more details, including information on redeeming for first class and business class seats, visit: www.avionrewards.com/travel/index.html. For general redemption terms, conditions and restrictions that apply to the Avion Rewards program, please visit: avionrewards.com or call 1-800 ROYAL 1-2 (1-800-769-2512 ).

²To receive the 35,000 Welcome Avion points (“Welcome Points”), your application must be approved by us. The Welcome Points will appear on your first credit card statement after your application has been approved. Only the primary business owner on the account is eligible for the Welcome Points; additional business owner(s) and cardholder(s), existing RBC Avion Visa Infinite Business cardholders, as well as existing RBC Avion Visa Business cardholders, applying for or transferring to the RBC Avion Visa Infinite Business credit card, are not eligible for this offer. This offer may not be combined or used in conjunction with any other offer. Royal Bank of Canada reserves the right to cancel, modify or withdraw this offer at any time, including if we suspect that you may be manipulating or abusing it, or engaging in any suspicious or fraudulent activity, as determined by Royal Bank of Canada in its sole discretion.

³You will earn: (i) 1.25 Avion point per $1 in net purchases you make with your card, up to a maximum of $75 000 in net purchases per Annual Period, and (ii) 1 Avion point per $1 in net purchases you make with your card in excess of $75 000 during an Annual Period, unlimited. “Annual Period” means the twelve (12) full monthly statement periods each year, starting with your January monthly statement and ending with your December monthly statement or, if you are a new Avion Visa Infinite Business cardholder, the period starting on the day your card is issued and ending with your December statement. Each year, on the first day of your January monthly statement, your annual net purchase amount, for the purpose of determining your earn rate only, will automatically reset to zero. Please note that monthly statement periods don't necessarily line up with the beginning and end of a calendar month. Avion points are earned on net purchases only; they are not earned on cash advances (including balance transfers, cash-like transactions and bill payments that are not pre-authorized charges that you set up with a merchant), interest charges or fees, and credits for returns and adjustments will reduce or cancel the points earned by the amounts originally charged. For more details on the Avion Rewards program, please visit: avionrewards.com/terms-and-conditions

TD Business Cash Back Visa* Card

²Earn 2% in Cash Back Dollars (“Gas and Electric Vehicle Charging Rebate”) for each $1.00 in “Gas and Electric Vehicle Charging Purchases” charged to your TD Business Cash Back Visa Card Account (“Account”), earn 2% in Cash Back Dollars (“Public Transit Rebate”) for each $1.00 in “Public Transit Purchases” and earn 2% in Cash Back Dollars (“Office Supply Rebate”) for each $1.00 in “Office Supply Purchases” charged to your Account. Any returned items, refunds, rebates or other similar credits will reduce or cancel the Cash Back Dollars earned on the original Gas and Electric Vehicle Charging Purchases, Public Transit Purchases, or Office Supply Purchases, as applicable. $15,000 Cap: Each of the Gas and Electric Vehicle Charging Rebate, the Public Transit Rebate, and the Office Supply Rebate is only available to a $15,000 maximum annual spend (“$15,000 Cap”). Once the $15,000 Cap has been reached for Gas and Electric Vehicle Charging Purchases, Public Transit Purchases, or Office Supply Purchases, then any further Gas and Electric Vehicle Charging Purchases, Public Transit Purchases, and Office Supply Purchases made on the Account will earn Cash Back Dollars at the standard rebate of 0.5% that applies to all other Purchases on the Account as set out in your Cardholder Agreement (“Standard Rebate”). Applicability of Gas and Electric Vehicle Charging Rebate, Public Transit Rebate, and Office Supply Rebate: Each of the Gas and Electric Vehicle Charging Rebate, the Public Transit Rebate, and the Office Supply Rebate is in place of, and not in addition to, the Standard Rebate. Merchant Category Codes: To earn the Gas and Electric Vehicle Charging Rebate, the Public Transit Rebate, and/or Office Supply Rebate, the Gas and Electric Vehicle Charging Purchases and/or Office Supply Purchases must be made at merchants classified through the Visa network with a Merchant Category Code (“MCC”) that identifies them as Gas Service Stations, Automated Fuel Dispensers, Electric Vehicle Charging, Local and Suburban Commuter Passenger Transportation, including Ferries, or Office Supplies. Some merchants may sell gas or gas station services or products, offer electric vehicle charging, offer transit services, or sell office supply items, or have separate merchants located on their premises that also sell gas or gas station services or products, or electric vehicle charging, or transit services, or office supply items, but may not be classified with a gas, electric vehicle charging, public transit, or office supply MCC and such Purchases will not earn the Gas and Electric Vehicle Charging Rebate, Public Transit Rebate, or Office Supply Rebate, as applicable. If you have questions about the MCC that applies to a Purchase, contact TD at 1-800-983-8472. Other Conditions: Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

³Earn 2% in Cash Back Dollars (“PAP and Streaming, Digital Gaming & Media Rebate”) on each $1.00 in “PAP and Streaming, Digital Gaming & Media Purchases” and payments made on a monthly or other regularly recurring basis for merchant bills, including insurance premiums, magazine/newspaper/online streaming subscriptions, membership fees and telecommunication fees, that are set up by the merchant with your consent to be automatically charged to your TD Business Cash Back Visa Card Account (“Account”) and that are classified through the Visa network as “Recurring Bill Payments” . You must confirm with your merchant if they can accept Pre-Authorized Payments. Any returned items, refunds, rebates or other similar credits will reduce or cancel the Cash Back Dollars earned on the original Recurring Bill Payment. To earn the “PAP and Streaming, Digital Gaming & Media Rebate” when making a Purchase that is not a Recurring Bill Payment, the Purchase must be made at merchants classified through the Visa network with a Merchant Category Code (“MCC”) that identifies them as Digital Goods Media – Books, Movies, Music, Digital Goods – Games, Digital Goods – Applications, Digital Goods – Large Digital Goods Merchants, Cable, Satellite and Other Pay Television/Radio/Streaming Services. Some merchants might sell Streaming, Digital Gaming, and Media but are not classified under the Merchant Category Code, and Purchases made with these merchants will not earn the PAP and Streaming, Digital Gaming & Media Rebate. If you have questions about the MCC that applies to a purchase, contact TD at 1-800-983-8472. $15,000 Cap: The PAP and Streaming, Digital Gaming, and Media Rebate is only available to a $15,000 maximum annual spend (“$15,000 Cap”). Once the $15,000 Cap has been reached, then any further PAP and Streaming, Digital Gaming, and Media Purchases made on the Account will only earn Cash Back Dollars at the standard rebate of 0.5% that applies to all other Purchases on the Account as set out your Cardholder Agreement (“Standard Rebate”). Applicability of PAP, Streaming, Digital Gaming, and Media Rebate: The PAP and Streaming, Digital Gaming and Media Rebate is in place of, and not in addition to, the Standard Rebate. Other Conditions: Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

⁴Earn 0.5% in Cash Back Dollars (“Standard Rebate”) on each $1.00 for all other Purchases (“Other Purchases”) charged to your TD Business Cash Back Credit Card Account (“Account”). Any returned items, refunds, rebates or other similar credits will reduce or cancel the Cash Back Dollars earned on the original Purchase. Other Conditions: Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

⁸Provided by Avis Rent A Car System ULC. Minimum discount offer subject to discount code and to terms and conditions which may change without notice. Blackout dates may apply. Base rate refers to time and kilometre/mile charges only. Taxes, fees and surcharges are extra. The Toronto-Dominion Bank is not responsible for any vehicles, services, discounts or other offers made available by Avis Rent A Car System ULC.

⁹Provided by Budget Rent A Car System, Inc. Minimum discount offer subject to discount code and to terms and conditions which may change without notice. Blackout dates may apply. Base rate refers to time and kilometre/mile charges only. Taxes, fees and surcharges are extra. The Toronto-Dominion Bank is not responsible for any vehicles, services, discounts or other offers made available by Budget Rent A Car System, Inc.