The Essential Guide to

TD Rewards

Last updated: August 25, 2022
Best ways to earn:
TD First Class Travel Visa Infinite Card: 100,000 TD Rewards points
TD Platinum Travel Visa Card: 50,000 TD Rewards points
TD Business Travel Visa Card: 90,000 TD Rewards points
TD Rewards Visa Card: 15,152 TD Rewards points
Best ways to redeem:
200 TD Rewards points = $1 towards Expedia For TD
250 TD Rewards points = $1 towards any travel purchase

TD Rewards points are the primary currency touted by the largest bank in Canada, Toronto-Dominion Bank. TD Rewards are a proprietary currency, belonging solely to TD and tied exclusively to TD credit cards.

TD Rewards is a fixed-value points currency, meaning that points can be redeemed in a number of ways at a fixed value.

Let’s be clear: these aren’t the points to use for booking business class and First Class fares. At the same time, they’re quite useful for other incidental travel purchases to further minimize your out-of-pocket expenses.

Earning Points via Signup Bonuses

The only way to earn TD Rewards is from the bank itself, via its suite of TD Rewards-earning credit cards.

  • The TD Rewards Visa is the no-fee card, which typically comes with a small signup bonus.
  • The TD Platinum Travel Visa Card is the entry-level product among the TD Rewards cards. The card frequently puts on First Year Free promotions along with its modest welcome bonus, which typically ranges between 15,000–50,000 TD Rewards points.
  • The TD First Class Travel Visa Infinite Card is the mid-range offering by TD. The card frequently puts on First Year Free promotions along with a sizeable welcome bonus of 20,000–100,000 TD Rewards points.
  • The TD Business Travel Visa Card is the TD Rewards-earning card aimed at business owners. The card frequently puts on First Year Free promotions along with a welcome bonus of 30,000–90,000 TD Rewards points, though typically also with a high spending requirement.
TD Rewards Credit Cards
Credit Card Best Offer Value
100,000 TD Rewards points $523 Apply Now
Up to 150,000 TD Rewards points
First Year Free
Up to 150,000 TD Rewards points $500 Apply Now
50,000 TD Rewards points
First Year Free
50,000 TD Rewards points $260 Apply Now
15,152 TD Rewards points
$0 annual fee
15,152 TD Rewards points $76 Apply Now

Earning Points via Daily Spending

Beyond signup offers, you can earn TD Rewards points through daily spending on the above credit cards. The earning rates are as follows:

  • TD Rewards Visa:
    • 3 points per dollar spent on travel booked through Expedia For TD
    • 2 points per dollar spent on groceries, restaurants, and recurring bill payments
    • 1 point per dollar spent on all other purchases
  • TD Platinum Travel Visa Card:
    • 5 points per dollar spent on travel booked through Expedia For TD
    • 3 points per dollar spent on groceries and recurring bill payments
    • 2 points per dollar spent on all other purchases
  • TD First Class Travel Visa Infinite Card:
    • 9 points per dollar spent on travel booked through Expedia For TD
    • 3 point per dollar spent on all other purchases
  • TD Business Travel Visa Card:
    • 9 points per dollar spent on travel booked through Expedia For TD
    • 6 points per dollar spent on foreign transactions, restaurants, and recurring bill payments
    • 2 points per dollar spent on all other purchases

Purely from an earning perspective, the TD First Class Travel Visa Infinite Card stands out as the obvious winner, especially with its current First Year Free offer.

This is especially true for those who collect points casually, and still book a significant component of their trips on Expedia.

However, given the higher flexible value of Membership Rewards or RBC Avion points, it’s arguably better to put that spend on the American Express Cobalt Card or the RBC Avion Visa Infinite instead.

Of course, if flights are already covered and you’re looking to offset cash expenses, such as tours and cruises, using TD points on Expedia for TD isn’t a bad call.

Redeeming TD Rewards Points

The TD Rewards program offers various redemption possibilities, with different levels of value attached to each one.

Expedia for TD

The best redemption value for TD Rewards comes by redeeming them on the dedicated redemption portal Expedia for TD. By redeeming points this way, you’ll get 0.5 cents per point (cpp), which is the best way to use TD Rewards points.

Expedia for TD is essentially the same platform as the regular Expedia, except you log in with your TD credentials so you can redeem points.

Simply sign in to your TD Rewards account, click “Expedia for TD” under the “Redeem” tab, and then click through to the Expedia for TD portal.

As with regular Expedia purchases, you can book flights, hotels, car rentals, and other travel purchases. Importantly, Expedia also offers cruises, tours, and Disney tickets, among other things.

As these travel expenses are typically quite difficult to book with points, using TD Rewards points at a fixed value of 0.5 cents per point is an excellent redemption opportunity, and could end up saving you a significant amount of cash out-of-pocket.

The minimum redemption is 200 points ($1), and you can choose to redeem your points in $50 increments. You’re able to make purchases in any combination of points and cash.

Once you’ve chosen your desired purchase on Expedia for TD, look for “Use your TD Points” on the checkout page. Just select the number of points you’d like to redeem at 0.5cpp, and then proceed with your purchase.

The credit posts in three to five days after the purchase, so be patient and keep an eye on your account.

If you’re using your TD Rewards points on Expedia For TD to redeem for hotels, or car rentals, the usual warnings of using an online travel agency apply.

You won’t earn any hotel status benefits or accrue elite qualifying nights at hotels. For car rentals, you won’t earn things like Hertz points or free rentals through National Free Days.

This doesn’t apply to airfare, though, as you’ll still accrue the same amount of elite-qualifying miles, segments, and dollars. As long as you have your frequent flyer number attached to your booking or add it in at the check-in counter, your travel should count towards elite status qualification.

One major thing to note about using Expedia to book airfare is that any and all changes and cancellations must be pursued through the third party booking agency, and can’t be done through the airline.

Considering all of the above, it’s still worthwhile to book car rentals or hotels, especially if it’s a one-off rental agency you’re not concerned about accruing status for.

Similarly, if you’re planning to stay at a boutique hotel where there’s no such thing as status, then booking through Expedia won’t make a difference.

TD Rewards points are great for booking boutique hotels

Any Travel Purchase

The second-best way to redeem TD points is for non-Expedia travel, where you can redeem at a respectable 0.4 cents per point. The minimum redemption is 250 points ($1).

This ratio is maintained for the first $1,200 of a single travel purchase, and will be 0.5 cents per point (200 points = $1) thereafter.

Booking non-Expedia travel using TD points is called “Book Any Way Travel” and can be booked by using the TD Rewards website or by calling 1-800-983-8472.

Calling has a few distinct advantages, such as the ability to redeem your points for non-conventional travel items, such as gas, attractions, various hotel expenses, RV rentals, and even Airbnbs.

To redeem TD Rewards points through “Book Any Way Travel”, select “Book Any Way Travel” from the “Redeem” tab on the TD Rewards website.

On the next screen, fill in the information about the transaction against which you’d like to redeem points. Note that you can only redeem TD Rewards points for “Book Any Way Travel” after the purchase has posted on your account.

You’ll need to note down the transaction date, its description, and the amount before proceeding. You can submit multiple transactions at once.

Higher Education

Using TD points towards higher education is also a decent option, at a redemption value of 0.4 cents per point (250 points = $1). You’re able to use your TD points to pay for tuition and/or student loans, in increments of $250 (62,500 points).

First, check if your institution participates on the TD website, and then you can buy HigherEdPoints Education Credits with your TD Rewards points.

If you want to use your TD Rewards points towards shopping expenses, you can redeem your points towards gift cards at a flat value of 0.25 cents per point (400 points = $1).

This is objectively a worse redemption than travel; however, as long as you’re redeeming points for higher value than your costs (which is usually the annual fee, waived for the first year), you’re keeping cash in your pocket.

Gift Cards & Merchandise

There are sometimes discounts where gift cards are 25% off, so you can redeem at 0.33 cents per point. If you plan on redeeming TD Rewards for gift cards, it’s best to wait for one of these promotions prior to doing so.

The same value of 0.25 cents per point is offered for merchandise purchases, which are listed on the TD Rewards website. As with gift cards, there are sometimes sales where you can redeem for up to 0.3–0.4 cents per point.

Obviously, check if the item you’re redeeming for is on sale for a lower price on another platform to calculate your redemption value.

There’s also the option of redeeming TD Rewards points at 0.33 cents per point through a partnership with

First, you’ll have to enroll by linking your TD Rewards-earning credit card with your Amazon account. Once you’ve done this, you can apply TD Rewards points.

At the checkout page on Amazon, change the payment method to your linked TD Rewards credit card, where you’ll see the balance of points available. You can cover the rest of the purchase with your credit card.

Statement Credit

Finally, the last way to use your TD Rewards points is to redeem for statement credit directly, also at a rate of 0.25 cents per point.

It sounds like the same rate as gift cards and merchandise, but keep in mind that those have occasional sales, while statement credits always remain at 0.25 cents per point.

This makes it the worst way of redeeming your TD Rewards points, and if you plan to use your points towards a statement credit, you’re better off with a cash back card.


Without a doubt, using Expedia For TD at a rate of 0.5 cents per point (200 points = $1) is the best value redemption for TD Rewards points.

For most travellers, this should suffice just fine, as Expedia offers tours, Disney park tickets, and a plethora of other travel possibilities aside from the usual flights, hotels, and car rentals.

TD Rewards points are a great way to save money on miscellaneous travel expenses, and the regular high signup bonuses and wth respectable earning rates make it quite easy to rack up the points.

  1. Judy

    Hi, is it possible to sell my TD points to someone in exchange for cash? I am getting older and I doubt I will ever use it for travel. I have a lot of points. Any help would be appreciated. Thanks

    1. Matthew

      Hi Judy. I don’t think TD points are transferable to other people, however you CAN redeem them for a cash (statement credit). You will get 0.25 cents per point, so for example if you have 100,000 TD points, that should be a credit of $250 . You may also be able to redeem them for non-travel rewards that will give you more value for your points. If you do decide on the statement credit, this can be done from TD Easyweb when viewing your TD Visa details. You might have to sign up or sign-in to ‘TD Rewards’ for the other options. Hope this helps!

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