TD Platinum Travel Visa* Card vs TD Rewards Visa* Card: Which one is better?
TD Platinum Travel Visa* Card
3
TD Rewards Visa* Card
2
Rewards Breakdown
Annual Rewards
$195.8
TD Rewards
First Year Bonus Value
$250
TD Rewards
Annual Fee
$89
$0
First Year Waived
First Year Value
$445.8
$106.8 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
$1,000
Extended Warranty
Up to 1 year
Purchase Protection
90 days
Lost or Stolen Baggage
$1,000
Baggage Delay
$1,000.svg)
Car Rental Damage & Theft
yes
Travel Accident
$500,000
Hotel Burglary Insurance
$2,500Flight Delay
$500
Insurance Included
Mobile Device Insurance
$1,000Extended Warranty
Up to 1 yearPurchase Protection
90 days
Extra Benefits
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car
Extra points
Earn 50% more Stars and 50% more Aeroplan points at participating Starbucks stores
Extra Benefits
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A CarExtra points
Earn 50% more Stars and 50% more Aeroplan points at participating Starbucks stores
Interest Rates
Purchase:
20.99%
Cash Advance:
22.99%
Balance Transfer:
22.99%
Interest Rates
Purchase:
19.99%
Cash Advance:
22.99%
Balance Transfer:
22.99%
Annual Fee
$89
$0
First Year Waived
Annual Fee
$0
Income Required
Min Personal Income:
N/A
Min Household Income:
N/A
Income Required
Min Personal Income:
N/A
Min Household Income:
N/A
Welcome Bonus
Welcome Bonus of 15,000 TD Rewards Points when you make your first Purchase with your Card, 35,000 TD Rewards Points when you spend $1,000 within 90 days of Account opening. Get an Annual Fee Rebate for the first year. Account must be approved by January 6, 2025.
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
- 6x points per $1 spent on travel booked online through Expedia for TD
- 4.5x points per $1 spent on eligible grocery and restaurant purchases
- 3x points per $1 spent on eligible recurring bill payments
- 1.5x points per $1 spent on all other eligible 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
Loyalty Program
Point Redemption Options
Most Optimal
Travel via Expedia
0.5¢ / point
Travel
0.4¢ / point
Education
0.4¢ / point
Amazon.ca
0.33¢ / point
Statement Credits (Cash)
0.25¢ / point
Gift Cards
0.25¢ / point
Merchandise
0.225¢ / point
Point Redemption Options
Most Optimal
Travel via Expedia
0.5¢ / pointTravel
0.4¢ / pointEducation
0.4¢ / pointAmazon.ca
0.33¢ / pointStatement Credits (Cash)
0.25¢ / pointGift Cards
0.25¢ / pointMerchandise
0.225¢ / point
Is this card worth it?
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.
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
- 6 points per $1 on travel booked through Expedia For TD, maximizing rewards for travel purchases.
- Annual fee rebate for the first year, providing savings during the first year of card ownership.
- No minimum income requirement, making it accessible for a wide range of applicants.
- Valuable insurance coverage with 9 types of insurance, including travel accident, baggage delay, and mobile device coverage.
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
- TD Rewards points are only worth 0.5 cents each, reducing their overall value compared to other reward programs.
- Some users may prefer a travel card with a higher return on non-travel-related purchases or cash-back options.
- No trip cancellation insurance included, which may be a drawback for frequent travelers.
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.
