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TD Business Travel Visa Card

Last updated: April 13, 2021
  • 100,000 TD Rewards points
  • $575 First-year value
Best offer is available publicly until May 30, 2021
Signup bonus:
30,000 TD Rewards points upon first purchase
70,000 TD Rewards points upon spending $5,000 in the first three months
Total of 100,000 TD Rewards points
Annual fee:
$0 for the first year, then $149
Earning rate:
9 TD Rewards points per dollar spent on travel booked through Expedia for TD
6 TD Rewards points per dollar spent on foreign transactions, restaurants, and recurring bill payments
3 TD Rewards points per dollar spent on all other purchases
Insurance:
Strong

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

Until May 30, 2021, this card is offering 100,000 TD Rewards points as a signup bonus:

  • 30,000 TD Rewards points upon first purchase
  • 70,000 TD Rewards points upon spending $5,000 in the first three months

Quebec residents don’t need to meet a minimum spend in order to earn the latter chunk of 70,000 points; they simply need to keep their account open and in good standing for 90 days.

In addition to the above, you’ll also get a $10 statement credit upon registering for eStatements in the first three months.

The card has an annual fee of $149, which is currently waived for the first year.

Supplementary cards cost $49 apiece, and the current first-year fee waiver also applies to the first two supplementary cardholders.

 

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
  • 3 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 1.5% 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.

Apply Now

This card is available for any business, whether you run a sole proprietorship or a corporation. You may need to show various types of business registration documents depending on the structure of your enterprise.

Follow the link below to the TD website to learn more about this card and submit an application.

Ricky

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