The TD Rewards Visa^* Card is a basic no-fee credit card that lets you earn points in the bank's proprietary TD Rewards program. The card is a good fit for casual travellers who are looking to earn points consistently with a fixed and predictable rate of return, but without paying an annual fee.

Bonuses & Fees

TD Rewards Visa^* Card is offering 15,152 TD Rewards Points† as a signup bonus, when you spend $500 within 90 days of Account opening.^†

The card has no annual fee for primary or supplementary cardholders.^†

To be eligible for this offer, you must apply and be approved for the card by January 6, 2025.

Earning Rewards

The card's earning rates are as follows:

• 4 TD Rewards Points† per dollar spent on eligible Expedia^® for TD purchases^†
• 3 TD Rewards Points† per dollar spent on eligible groceries and dining purchases^†
• 2 TD Rewards Points† per dollar spent on eligible recurring bill payments set up on your account^†
• 1 TD Rewards Point† 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 2%, 1.5%, 1%, and 0.5% return, respectively.

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 Rewards Visa* Card. However, the rate isn't quite as competitive at 250 points = $1, or 0.4 cents per point. Redeeming for statement credits, gift cards, or Amazon purchases is also possible, although the rate is even less appealing at 300-400 points = $1, or 0.25–0.33 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 Rewards Visa^* Card comes with car rental discounts at Avis and Budget: 10% in Canada or the US, and 5% internationally.^†

Insurance Coverage

As a no-fee card, the TD Rewards Visa^* Card is fairly weak when it comes to insurance coverage. In particular, there is no travel insurance of any kind. The only types of coverage are found when making purchases: cardholders will get 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 purchase.^† Lastly, it also comes with Mobile Device Insurance. By paying for your smartphone, tablet, or smartwatch using your TD Rewards 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!^†