TD Cash Back Visa Infinite* Card Review

Earn up to $600 in total value^†, which includes 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500^† and receive an Annual Fee rebate for the first year^†. Conditions apply.  

• Bonus Eligible Purchases are Grocery, Gas & Electric Vehicle Charging, Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases, until a total collective spend of $3,500 of such purchases have been made^†. 
• Receive 24/7 Roadside Assistance with Free Deluxe TD Auto Club membership^†. 
• Get an annual fee rebate for the first year^†. 

To receive the first-year annual fee rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the first Additional Cardholder first-year annual fee rebate, you must add your first Additional Cardholder while the offer is in effect. 

Offer may be changed, withdrawn, or extended at any time and cannot be combined with any other offer unless otherwise indicated. 

7 Benefits of the TD Cash Back Visa Infinite* Card

One of the best ways to decide whether a credit card is right for you is to look at all the perks provided.

Here’s a brief overview of everything the TD Cash Back Visa Infinite* Card has to offer.

1. First Year Annual Fee Rebate

For the first year of membership, the TD Cash Back Visa Infinite* Card’s annual fee is completely rebated, contributing to a generous first-year value.

After the first year, the annual fee is $139 for the primary card and $50 for an additional card.

2. A Boast-Worthy Welcome Bonus

To make signing up even more enticing, the TD Cash Back Visa Infinite* Card offers a tempting intro offer for the first few months of membership.

The sign-up bonus boosts your cashback rates on eligible purchases up to a certain spending threshold, upping the card’s first-year value.

3. Competitive Cashback on Common Categories

Categories like groceries, gas, and recurring bill payments are some of the most common spending categories for Canadians. Thankfully, the TD Cash Back Visa Infinite* Card optimizes these categories competitively. The card also optimizes other valuable expenses like transit, streaming, and media purchases.

Read More: Best Grocery Credit Cards in Canada, Best Gas Credit Cards in Canada, Best Recurring Transaction Credit Cards in Canada

4. Rare Roadside Assistance

Courtesy of the TD Auto Club, cardholders receive rare roadside assistance which provides 24/7 support in case of an emergency. Roadside support includes breakdown towing, battery boosts, and tire changes. Reimbursements are also possible for traffic accident or stolen vehical emergencies, covering both transportation and accommodation.

The roadside assistance comes with a free Deluxe TD Auto Club membership, so there’s no separate sign-up fee to pay for it.

See More: Best Roadside Assistance Credit Cards in Canada

5. Concierge Services

Complimentary concierge services are also available 24/7 to help with reservations, bookings, and personal shopping. Just note that cardholders are responsible for the final bill, whatever that may be.

6. Extra Point Potential

Cardholders can also link their TD Cash Back Visa Infinite* Card to their Starbucks account to collect bonus Starbucks Stars at participating stores. Essentially, you can maximize every cup of coffee.

7. Discounts on Rental Cars

When using a TD Cash Back Visa Infinite* Card, cardholders can also save on rental cars at Avis Rent A Car and Budget Rent A Car locations across Canada and the U.S.. International discounts are also available at a slightly lower rate.

3 Downsides to the TD Cash Back Visa Infinite* Card

Where there are benefits, there are also often drawbacks.

Here’s where the TD Cash Back Visa Infinite* Card falls short:

1. Lacks Key Category

Well the TD Cash Back Visa Infinite* Card covers popular spending categories like groceries, gas, and recurring bill payments, it lacks one key category: dining.

There are other cashback cards on the Canadian market that optimize the above expenses, plus restaurant purchases.

2. Basic Insurance

For a credit card with an annual fee, the insurance coverage falls a little flat. In fact, the TD Cash Back Visa Infinite* Card lacks important protections like trip interruption and trip cancellation insurance.

3. Annual Income Requirements

Another aspect worth noting is the fact that the TD Cash Back Visa Infinite* Card comes with annual income requirements, making it less accessible to some applicants.