150,000 TD Rewards points 
$500 First-year value The TD Business Travel Visa Card is TD’s flagship travel rewards card geared towards small business owners.
With frequent high-volume welcome bonuses, strong earning rates on travel and dining, and a decent set of insurance types, the TD Business Travel Visa Card is well-suited to business owners who are looking to earn a competitive, yet predictable return on their business spending.
Bonuses & Fees
This card is currently offering an all time high offer of up to 150,000 TD Rewards points.
The offer is distributed as follows:
- 30,000 TD Rewards points upon first purchase
- 60,000 TD Rewards points upon spending $5,000 in the first 3 months
- 5,000 TD Rewards points monthly upon spending $5000 each month for the first 12 months, up to 60,000 points
The card has an annual fee of $149, which is waived for the first year. Supplementary cards cost $49 apiece, with the first two additional card rebated as well.
Earning Rewards
The card’s earning rates are as follows:
- 9 TD Rewards points per dollar spent on travel booked through Expedia for TD
- 6 TD Rewards points per dollar spent on restaurants, recurring bill payments, and transactions in a foreign currency
- 2 TD Rewards points per dollar spent on all other purchases
Since TD Rewards points can be redeemed optimally at a value of 0.5 cents per point, these are equivalent to a 4.5%, 3%, and 1% return, respectively.
However, note that the card does levy a foreign transaction fee of 2.5%, so your true return on foreign-currency transactions would only be 0.5% once the FX fee is netted out.
Redeeming Rewards
The best way to redeem TD Rewards points is by booking travel through Expedia for TD, an online travel portal operated in partnership with Expedia.
You can book flights, hotels, car rentals, vacation packages, and anything else that you would normally be able to book via Expedia. You’d apply your TD Rewards points to the purchase at a rate of 200 points = $1, or 0.5 cents per point.
If you’d rather not book through Expedia for TD, you can also redeem TD Rewards points directly against any travel purchase that you purchase with your TD Business Travel Visa Card. However, the rate isn’t quite as competitive at 250 points = $1, or 0.4 cents per point.
Redeeming for statement credits or gift cards is also possible, although the rate is even less appealing at 400 points = $1, or 0.25 cents per point.
Generally speaking, you should always strive to redeem your TD Rewards points for travel through Expedia for TD whenever possible, in order to maximize their value.
TD Rewards points never expire as long as you’re a cardholder. If you cancel or switch your card to a different product, you’ll have 90 days’ time to redeem your TD Rewards points before they go away, although you’ll lose the ability to book through Expedia for TD for 0.5 cents per point, and you’ll be limited to redeeming against any travel purchase for only 0.4 cents per point.
Perks & Benefits
The TD Business Travel Visa Card comes with car rental discounts at Avis and Budget: 10% in Canada or the US, and 5% internationally.
Insurance Coverage
As TD’s flagship travel rewards credit card for business owners, the TD Business Travel Visa Card offers a respectable set of insurance provisions.
The card comes with 15 days of emergency medical travel insurance of up to $2,000,000 for travellers aged under 65, and four days of coverage for travellers aged 65+.
That’s double the coverage compared to what’s offered on the personal equivalent of this product, the TD First Class Travel Visa Infinite.
There’s also trip cancellation and trip interruption insurance of up to $1,500 and $5,000 per person, up to a maximum of $5,000 and $25,000 per trip, respectively.
While flying, cardholders are covered for up to $500 in flight delay insurance and an aggregate amount of $1,000 for lost, stolen, or delayed baggage.
And when making purchases, the card offers extended warranty of up to one additional year, as well as purchase protection that insures you against damage or theft of an item for up to 90 days after your purchase.