The TD Platinum Travel Visa* Card is an entry-level credit card that lets you earn points in the bank’s proprietary TD Rewards program.
The TD Platinum Travel Visa* Card is a card geared towards students, newcomers to Canada, or individuals with new or recovering credit files who want to build a strong relationship with TD while earning some travel rewards.
Bonuses & Fees
Until September 3, 2024, the TD Platinum Travel Visa* Card is offering up to 50,000 TD Rewards Points† as a signup bonus, distributed as follows:
- 15,000 TD Rewards Points upon first purchase†
- 35,000 TD Rewards Points upon spending $1,000 in the first three months†
The card has an annual fee of $89, which is currently rebated for the first year.† Note that, in order to receive the first-year annual fee rebate, you must activate your card and make your first purchase on the account within the first three months after account opening, and you must add any additional cardholders by September 4, 2024.
The first supplementary card on each account costs $35, and the current first-year annual fee rebate also applies to the first supplementary card. Meanwhile, additional supplementary cards are free.†
To be eligible for this offer, you must apply and be approved for the card on or before September 3, 2024.
The card’s earning rates are as follows:
- 6 TD Rewards Points† per dollar spent on eligible Expedia® for TD purchases†
- 4.5 TD Rewards Points† per dollar spent on eligible groceries and dining purchases†
- 3 TD Rewards Points† per dollar spent on eligible recurring bill payments set up on your account†
- 1.5 TD Rewards Points† per dollar spent on all other eligible purchases†
Since TD Rewards Points can be redeemed optimally at a value of 0.5 cents per point, these are equivalent to a 3%, 2.25%, 1.5% and 0.75% return, respectively.
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 Platinum 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 Platinum Travel Visa* Card comes with car rental discounts at Avis and Budget: 10% in Canada or the US, and 5% internationally.†
As an entry-level credit card, the TD Platinum Travel Visa* Card offers a relatively basic set of insurance provisions.
Emergency medical coverage, trip cancellation insurance, and trip interruption insurance are all noticeably absent.
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.†
The card’s car rental insurance grants coverage for rental vehicles up to $65,000 MSRP, protecting you against unexpected costs associated with collision, damage, and theft.†
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.†
Lastly, it also comes with Mobile Device Insurance. By paying for your smartphone, tablet, or smartwatch using your TD Platinum Travel Visa Card, you’ll get coverage of up to $1,000 in the event your mobile device is lost, stolen, or accidentally damaged, for up to 24 months!†