How much is the value of 65,000 TD Rewards points?

Although they’re particularly valuable when redeemed towards travel (especially Expedia For TD bookings), TD Rewards are actually quite flexible overall.

On top of every trip, earners can use their points to fund everything from shopping sprees to bill payments to their morning cup of coffee.

For a better understanding of this versatile loyalty program, keep scrolling.

How Do You Earn TD Rewards Points?

For starters, you might be wondering where these points come from.

The best (and only) way to collect TD Rewards points is to apply for one of the top TD Rewards credit cards.

Unfamiliar with your options? Not to worry!

Below, we’ve put together a brief rundown of each credit card worth considering:

TD First Class Travel® Visa Infinite* Card

TD First Class Travel® Visa Infinite* Card

3.9

Finly Rating

APPLY NOW

go to TD's website

Welcome Bonus

Up to 135,000 TD Rewards Points

Rewards Rate

2x - 8x points

Annual Fee

$139 $0

Interest Rates

20.99% / 22.99%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

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 & Cons

Pros

---

• Generous welcome bonus of up to 135,000 points, which can be worth up to $675 in travel rewards.
• Earn 8 points per $1 spent on travel booked through Expedia For TD, making it a great card for frequent travelers.
• First year annual fee rebate, making it free for the first year.
• Extensive insurance coverage, including trip cancellation, emergency medical, baggage delay, and more.
• Annual $100 travel credit on a purchase of $500 or more through Expedia For TD.

Cons

---

• High income requirements: You need to earn at least $60,000 personally or $100,000 as a household.
• TD Rewards points are only worth 0.5 cents each, limiting their value compared to some other rewards programs.
• The Expedia For TD platform might not always offer the best prices or availability compared to booking directly with airlines or hotels.

Card Details

Rewards

• 8x points per $1 spent on travel booked online through Expedia for TD
• 6x points per $1 spent on eligible grocery and restaurant purchases
• 4x points per $1 spent on eligible recurring bill payments
• 2x points per $1 spent on all other eligible purchases

Insurance

Coverage

• 

  Emergency Out of province Medical

  21 days
• 

  Emergency Medical Over 65

  4 days
• 

  Trip Cancellation

  $1,500
• 

  Trip Interruption

  $5,000
• 

  Flight Delay

  $500
• 

  Baggage Delay

  $1,000
• 

  Lost or Stolen Baggage

  $1,000
• 

  Travel Accident

  $500,000
• 

  Car Rental Damage & Theft

  yes
• 

  Hotel Burglary Insurance

  $2,500
• 

  Purchase Protection

  90 days
• 

  Extended Warranty

  Up to 1 year
• 

  Mobile 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.S
• 

  Extra points

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

  Annual Birthday Bonus

  Earn a Birthday Bonus of up to 10,000 TD Rewards Points
• 

  Car Rental Discount

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

  Travel Credit

  Get an annual TD Travel Credit of $100 when you book at Expedia For TD

Eligibility

• Credit Score

  Good
• Annual Income

  $60,000 personal or $100,000 household

If you’re willing to pay top-dollar for the best TD Rewards credit card on offer, check out the TD First Class Travel Visa Infinite Card.

Sure, the annual fee is the steepest out of the three we’ll mention, but this cost accounts for plenty of point-potential, extensive insurance coverage, and valuable added benefits – plus this fee is completely waived for the first year of membership!

Starting with the point-potential, cardholders will be pleased to earn tons of TD Rewards points on travel booked online through Expedia for TD, followed by solid points per dollar spent on eligible restaurant and grocery purchases, decent points per dollar spent on eligible recurring bill payments, and an above-average base-rate on all other eligible purchases.

With 13 insurance categories, the TD First Class Travel Visa Infinite Card makes it easy to travel with, well, ease. Take advantage of important protections like trip interruption and trip cancellation insurance, hotel burglary insurance, plus emergency medical coverages.

As far as benefits go, this card is equipped with perks like concierge services, Troon Rewards Golf benefits, extra Stars and Aeroplan points at participating Starbucks stores, car rental discounts at Avis and Budget locations, an annual birthday bonus of additional points, and an annual TD Travel Credit when you book through Expedia for TD.

On top of the annual fee, you’ll also need to meet some annual income requirements to qualify for the card, so keep that in mind when filling out your application.

Overall, the TD First Class Travel Card should be your first choice if you’re looking to invest in the best and most lucrative TD Rewards credit card on the Canadian market – complete with competitive point-potential, a long list of insurance categories, and amazing perks.

TD Platinum Travel Visa* Card

TD Platinum Travel Visa* Card

3

Finly Rating

APPLY NOW

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Welcome Bonus

Up to 50,000 TD Rewards Points

Rewards Rate

1.5x - 6x points

Annual Fee

$89 $0

Interest Rates

20.99% / 22.99%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

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 & Cons

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.

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.

Card Details

Rewards

• 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

Insurance

Coverage

• 

  Flight Delay

  $500
• 

  Baggage Delay

  $1,000
• 

  Lost or Stolen Baggage

  $1,000
• 

  Travel Accident

  $500,000
• 

  Car Rental Damage & Theft

  yes
• 

  Hotel Burglary Insurance

  $2,500
• 

  Purchase Protection

  90 days
• 

  Extended Warranty

  Up to 1 year
• 

  Mobile Device Insurance

  $1,000

Benefits

Details

• 

  Extra points

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

  Car Rental Discount

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

Eligibility

• Credit Score

  Good
• Annual Income

  N/A

Looking to spend a little less annually? Or perhaps you were hoping to avoid annual income requirements altogether. Either way, you can swap the TD First Class Travel Card for the TD Platinum Travel Visa Card instead.

This alternative option offers the same specialized earn categories (travel booked through Expedia for TD, groceries, dining, and recurring bill payments), the only difference is that the reward rates per earn category are slightly lower overall – even the base rate on all other eligible purchases.

The coverage on this card is also less extensive as it misses out on trip interruption and trip cancellation insurance, not to mention emergency medical coverages.

While both contenders offer car rental discounts at Avis and Budget locations, plus extra Stars and Aeroplan points at participating Starbucks stores, the TD Platinum Travel Visa Card lacks valuable perks like that annual birthday bonus and Expedia for TD travel credit.

Ultimately, the TD Platinum Travel Visa Card is a good option for those who want to save on annual fees and avoid annual income requirements, as long as they’re content with compromising on point-potential, coverage, and perks.

TD Rewards Visa* Card

TD Rewards Visa* Card

2

Finly Rating

APPLY NOW

go to TD's website

Welcome Bonus

Up to 15,152 TD Rewards Points

Rewards Rate

1x - 4x points

Annual Fee

$0

Interest Rates

19.99% / 22.99%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

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 & Cons

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, 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.

Card Details

Rewards

• 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

Insurance

Coverage

• 

  Purchase Protection

  90 days
• 

  Extended Warranty

  Up to 1 year
• 

  Mobile Device Insurance

  $1,000

Benefits

Details

• 

  Extra points

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

  Car Rental Discount

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

Eligibility

• Credit Score

  Good
• Annual Income

  N/A

Let’s say you want to avoid annual income requirements and annual fees. In that case, take a look at the TD Rewards Visa Card.

As to be expected, this option will earn you the least amount of TD Rewards on shared specialized categories (travel booked through Expedia for TD, groceries, dining, and recurring bill payments).

Cardholders will receive the basics when it comes to insurance, specifically extended warranty insurance and purchase protection insurance. However, the card still includes valuable mobile device insurance.

Like the TD Platinum Travel Visa Card, the TD Rewards Visa Card includes car rental discounts at Avis and Budget Rent A Car locations, plus extra Stars and Aeroplan points at participating Starbucks stores.

All in all, this contender is fit for budget-conscious cardholders who are still looking to get their hands on some TD Rewards points – without many added perks.

How Do You Redeem Your TD Rewards Points?

Now that you’re up to speed on how to collect TD Rewards points, let’s go over how you can redeem them.

In the following table, we’ve organized each redemption category based on value, starting with the most optimal option and concluding with the least valuable option.

If you’re still interested in learning more about these redemption options (even after carefully reviewing the table), stick around.

Here’s each redemption category in more depth:

1) Exchange TD Rewards for Expedia for TD Travel

For the best value for your points, redeem your TD Rewards with your TD Rewards credit card online through Expedia for TD. You can choose whether you’d like to use your points to cover the total cost of your travel arrangements, or whether you’d like to split the cost between points and cash.

Eligible bookings include:

• Hotel stays
• Vacation rentals
• Flights
• Rental cars
• Packages
• Experiences

To begin browsing, simply login to your TD Rewards account.

2) Use Points to Book Other Types of Travel

Let’s say you didn't find what you were looking for through Expedia for TD. In that case, you can still extract some value from your TD Rewards points by paying for nearly any travel expense with points – anything from transportation to accommodations to activities. 

This travel category allows you to book arrangements through multiple travel agencies or websites. 

When doing so, 250 points will be equal to $1 in travel savings for the first $1,200 of any “Book Any Way” travel redemption rewards. Any expenses beyond $1,200 will be subject to a rate of 200 points = $1 in travel savings, optimizing this category even further.

To request to redeem points for eligible bookings, simply wait until your travel transaction is posted to your account and either call customer service or make the request through your TD Rewards account within 90 days. To make the request online, select the “Redeem” tab followed by “Book Any Way Travel” to input the necessary information about the transaction, then hit submit. Once your request is approved, you’ll receive a statement credit for the cost of the eligible travel expense(s). 

3) Apply Points Towards Your Tuition

Still studying? Luckily, you can redeem your TD Rewards points towards tuition costs or student loans for higher education at more than 100 participating institutions. 

To make this type of redemption, login to your TD Rewards account and select the HigherEdPoints option.

4) Use Points to Pay for Products on Amazon.ca

We’ve all probably turned to Amazon at some point for a last-minute, obscure, or miscellaneous purchase. 

Since Amazon is such a popular shopping platform, it’s convenient that cardholders can also use their TD Rewards points to pay for the products they purchase on Amazon.ca.

The process is pretty simple. You can apply TD Rewards instantly at checkout and use as many points as you desire to cover the total or partial cost of your cart.

303 TD Rewards points is the equivalent to $1 through Amazon.ca, effectively providing a 0.33 cpp value on this redemption type.

5) Pay off Your Balance with Points

Need help paying off your credit card balance? TD Rewards can remedy this issue as well.

Simply log into your TD Rewards account and select the “Pay With Rewards” option to request a redemption towards an eligible transaction made on your TD Rewards credit card. Afterwards, you'll need to wait about 5-7 business days for the request to be processed. Once processed, you’ll receive a statement credit to your account to cover the eligible cost.

6) Convert Points Into Gift Cards

If you’re looking to gift your points in gift cards, the TD catalogue has tons of options to choose from.

Browse brands like:

• Amazon
• Best Buy
• Cineplex
• Domino’s Pizza
• Esso and Mobil
• Golf Town
• Indigo
• Sobeys
• Sephora
• The Home Depot and more

The amount of points you’ll need to put towards the redemption will all depend on the value of the gift card itself. On average, each redemption rate holds the same cent-per-point value of 0.25.

To sift through your options, visit the TD Rewards website  and select “Gift Cards” from the drop-down menu. Once you find a card you like, login to add it to your cart.

7) Morph Points Into Merchandise

If you’d rather pick the product directly, you can also check out all of the Merchandise categories in the TD Rewards catalogue.

Choose items in categories like:

• Body & Soul
• Children
• Computers & Tablets
• Entertainment
• Fashion
• Food & Beverage
• Gaming
• Garden & Outdoors
• House & Home
• Kitchen Essentials
• Major Appliances and more

Typically, the exact cent-per-point value of your purchase will depend on the product you're looking to redeem points towards.

To calculate your cent-per-point value on a specific product, simply divide the value of the product by the amount of points required for the redemption, then multiply that result by 100.

8) Turns TD Rewards Into Starbucks Stars

There’s one redemption category with a unique redemption rate. Instead of using the basic cent-per-point system, when you redeem your TD Rewards towards Starbucks purchases, you’re using a Star-per-point system.

Ultimately, cardholders will receive 0.1 Star per TD Reward point in this transaction.

Based on Starbucks’ Rewards system:

• 25 Stars (so 250 TD Rewards points) can get you a customized drink
• 100 Stars (or 1000 transferred TD Rewards points) can easily become an iced coffee, bag of chips, or flaky croissant
• 200 Stars (2000 TD Rewards points) can turn into a handcrafted drink, breakfast sandwich, snackbox or oatmeal
• 300 Stars (or 3000 TD Rewards points) gets you a lunch sandwich or take-home coffee bag
• Finally, 400 Stars (or 4000 TD Rewards points) can transform into merchandise, like signature reusable cups and tumblers, at a value of up to $20

To convert your TD Rewards Points into Stars, link your TD Rewards credit card to your Starbucks Rewards account.

What’s the Best Way to Optimize Your TD Rewards Points?

As you can probably conclude based on the TD Rewards Redemption table, the most optimal redemption option for your TD Rewards is to apply them towards travel booked through Expedia for TD.

Likewise, you can get valuable cent-per-point return on travel bookings made outside of Expedia for TD, especially on bookings that exceed $1,200 (turning the remaining redemption from a 0.4 cpp value to a 0.5 cpp value).

Are TD Rewards Points Worth it?

Expanding upon the previous section, TD Rewards points are especially worth it for frequent travellers – specifically those who book through Expedia for TD or those who plan on making redemptions on other bookings over $1,200.

While the other categories in education, retail, and cash aren’t quite as lucrative as the travel options, they still offer cardholders some flexibility in between trips or when they want to change things up.