Although they’re particularly valuable when redeemed towards travel (especially Expedia For TD bookings), TD Rewards are actually quite flexible overall.
Just how valuable? TD Rewards points are worth up to 0.5 cents each when you book through Expedia For TD, where 200 points = $1. That makes 10,000 points worth up to $50, and 100,000 points worth up to $500. The exact value of your TD Rewards points, of course, depends on how you redeem them.
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:
Learn more about each card:
So, how many TD Rewards points do you earn per dollar? On the three personal cards above, it ranges from 1 to 8 points per $1 spent, depending on the card and spending category. Flip that around, and it takes 200 TD Rewards points to equal $1 when you book through Expedia for TD – no matter which of these cards the points came from.
Whichever card you choose, you’ll be earning the same TD Rewards points (sometimes called TD travel points), and they’re worth the same when you redeem them. What changes is how many points you earn per dollar spent:
Running a business? The TD Business Travel Visa Card also earns TD Rewards points – up to 9 points per $1 on travel booked online through Expedia for TD, plus 6 points per $1 on dining and recurring bill payments.
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 short, you can redeem TD Rewards points for travel (through Expedia for TD or Book Any Way), tuition, purchases on Amazon.ca, statement credits, gift cards, merchandise and Starbucks Stars. Travel, tuition and statement credit redemptions all start from your TD Rewards account, while Amazon.ca and Starbucks redemptions work by linking your TD Rewards credit card to those accounts.
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:
How Much Are Your TD Rewards Points Worth?
Here’s what some common TD Rewards point balances are worth, depending on how you choose to redeem them:
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).
Keep in mind that TD Rewards points can’t be transferred to Aeroplan or any other airline program, so the redemption options above are the only ways to use them.
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.
.png&w=96&q=75){kind=small}
.svg){kind=small}
.svg){kind=small}
.svg){kind=small}
