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TD Rewards Visa* Card

Everything you need to know about the TD® Rewards Visa Card, a no-fee credit card that earns modest rewards within the TD Rewards Points program.

Updated on: 2024-06-04

Application must be approved by January 6, 2025 to receive this offer
Signup bonus:

15,152 TD Rewards Points when you spend $500 within 90 days of Account opening†

Annual fee:

$0

Interest rates:

19.99% purchase (20.99% in Quebec)
22.99% cash advance (20.99% in Quebec)
22.99% balance transfer (20.99% in Quebec)

Earning rate:

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†

Insurance:

Minimal

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

 Terms and conditions apply.  This offer is not available to residents of Quebec.  The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the Apply Now button.

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!

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