TD Cash Back Visa Infinite* Card vs TD Rewards Visa* Card: Which one is better?


TD Cash Back Visa Infinite* Card

TD Cash Back Visa Infinite* Card

3.3


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

TD Rewards Visa* Card

TD Rewards Visa* Card

2


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rewards Breakdown

Annual Rewards

$368.38


First Year Bonus Value

$105


Annual Fee

$139

$0

First Year Waived


First Year Value

$473.38

$229.38 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$43.51

TD Rewards


First Year Bonus Value

$98.48

TD Rewards


Annual Fee

$0


First Year Value

$142

$43.51 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Insurance Included

  • mobile device insurance

    Mobile Device Insurance

    $1000
  • extended warranty

    Extended Warranty

    1 year
  • purchase protection

    Purchase Protection

    90 days

  • lost baggage

    Lost or Stolen Baggage

    $1000
  • hourglass timer

    Baggage Delay

    $1000
  • car insurance

    Car Rental Damage & Theft

    Included
  • travel accident medical

    Emergency Out of province Medical

    $2M, 10 days
  • travel accident medical

    Emergency Medical Over 65

    $2M, 4 days

Insurance Included

  • mobile device insurance

    Mobile Device Insurance

    $1,000
  • extended warranty

    Extended Warranty

    Up to 1 year
  • purchase protection

    Purchase Protection

    90 days

Extra Benefits

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car
  • reward cup

    Extra points

    Earn 50% more Stars at participating Starbucks stores

  • 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
  • exclusive

    Visa Infinite Exclusive Benefits

  • concierge

    Concierge Services

  • tire

    Roadside Assistance

    Free Deluxe TD Auto Club membership (24 hour emergency Road services)

Extra Benefits

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car
  • reward cup

    Extra points

    Earn 50% more Stars and 50% more Aeroplan points at participating Starbucks stores

Interest Rates

Purchase:

20.99%

Cash Advance:

22.99%

Interest Rates

Purchase:

19.99%

Cash Advance:

22.99%

Balance Transfer:

22.99%

Annual Fee

$139

$0

First Year Waived

Annual Fee

$0

Income Required

Min Personal Income:

$60,000

Min Household Income:

$100,000

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Welcome Bonus

3% incremental cashback on gas, groceries, and pre-authorized payments up to $145 in the first 3 months. 4% extra cashback on other purchases up to $110 in the first 3 months.

Welcome Bonus

Earn 15,152 TD Rewards Points (a value of $50 on Amazon.ca) when you spend $500 within 90 days of Account opening. Conditions apply. Account must be approved by January 6, 2025.

Rewards Rate

  • 3% cashback groceries, gas (maximum $450 annually)
  • 3% cashback on recurring payments (maximum $450 annually)
  • 1% cashback on all other credit card purchases.

Rewards Rate

  • 4x points per $1 spent on travel booked online through Expedia for TD
  • 3x points per $1 spent on eligible grocery and restaurant purchases
  • 2x points per $1 spent on eligible recurring bill payments
  • 1x points per $1 spent on all other eligible purchases

Loyalty Program

N/A

Loyalty Program

Point Redemption Options

Not Applicable

Point Redemption Options

  • Most Optimal

    expedia

    Travel via Expedia

    0.5¢ / point
  • travel - plane

    Travel

    0.4¢ / point
  • education

    Education

    0.4¢ / point
  • amazon logo

    Amazon.ca

    0.33¢ / point
  • cash coins

    Statement Credits (Cash)

    0.25¢ / point
  • gift card

    Gift Cards

    0.25¢ / point
  • online shop

    Merchandise

    0.225¢ / point

Is this card worth it?

We actually don't recommend this card much. For an annual fee, the rewards earned are very mediocre, and the benefit coverage leaves much to be desired. The only notable benefit is the roadside assistance, which can be covered by an alternative, better credit card.

Is this card worth it?

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

  • The roadside assistance benefit is nice.

Pros

  • No annual fee, making it easy to maintain.
  • Strong welcome bonus of 15,152 points, worth approximately $75.
  • Earn 4 points per $1 on travel booked through Expedia For TD, 3 points per $1 on groceries and restaurants, and 2 points per $1 on recurring bill payments.
  • Mobile device insurance included, a rare feature for no-fee cards.

Cons

  • Rewards have a low base reward rate for purchases in non-categorized categories and don't include restaurant purchases, which is a very important reward category.
  • The travel insurance coverage is very basic for a card that has an annual fee.

Cons

  • TD Rewards points are only worth 0.5 cents each, meaning the value per point is lower compared to other rewards programs.
  • Low return rate on everyday purchases, with 1 point per $1 spent, equating to just 0.5% return.
  • Limited insurance coverage compared to premium cards.

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