Best TD Bank Credit Cards in Canada
TD has a wide range of credit cards in several distinct categories like Aeroplan, travel rewards, cash back, no fee, and low-rate cards.
Travellers can decide between the Aeroplan lineup (Air Canada travellers) or the TD Rewards lineup (Expedia), while those who don’t travel can go with one of the cash back cards. Anyone carrying a balance and looking to save money while working to clear it will focus on the low rate card.
There are multiple tiers of cards as well with varying annual fees, earn rates and perks, so let’s dive into the best of TD’s credit cards to understand the differences.
| Card | NerdWallet rating | Best for: | Apply Now |
|---|---|---|---|
| TD® Aeroplan® Visa Infinite* Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 5.0/5 | Air Canada travellers | |
| TD® First Class Travel® Visa Infinite* Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 4.6/5 | Flexible travel | |
| TD Rewards Visa* Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 4.2/5 | No annual fee | |
| TD Cash Back Visa Infinite* Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 5.0/5 | Hands-off cash back | |
| TD Low Rate Visa* Credit Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 4.1/5 | Saving money on a balance | |
The best TD credit cards in Canada right now
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Points for every $1 spent on eligible gas and electric vehicle charging purchases.
Points for every $1 spent on eligible grocery purchases.
Points for every $1 spent on eligible direct through Air Canada® purchases (including Air Canada Vacations®) made with your card.
Point for every $1 spent on all other Purchases made with your Card.
With a full suite of travel insurances, free checked bags for up to 8 companions, family point sharing, rental car perks and no blackouts or restrictions on travel bookings, the TD Aeroplan Visa Infinite card checks a lot of boxes. However, the $139 annual fee may be too steep for some users, and anyone looking for airport lounge access won’t find it here. Best for: Families who fly Air Canada and spend big on everyday purchases.
Pros
- Rental car discounts.
- Free checked bags.
- NEXUS rebates.
Cons
- Low max earn rate (1.5x points).
- Slightly higher than average $139 annual fee for a travel card.
- Up to $1,550 in value† including up to 50,000 Aeroplan points† could be yours and receive an Annual Fee rebate for the first year†. Conditions Apply. Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Card†. Earn 15,000 Aeroplan points when you spend $3,000 within 90 days of Account opening†. Plus, earn a one-time anniversary bonus of 25,000 Aeroplan points when you spend $12,000 within 12 months of Account opening†.
- Apply for the NEXUS program and once every 48 months get an application fee rebate (up to $100 CAD per eligible cardholder).†
- Share free first checked bags for you and up to 8 travel companions†
- Get an Annual Fee rebate for the first year†.
- To receive the first-year Annual Fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the first Additional Cardholder first-year Annual Fee rebate, you must add your first Additional Cardholder while this offer is in effect.
- Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer unless otherwise indicated.
- Earn 1.5 points† for every $1 spent on eligible gas, electric vehicle charging, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card.
- Earn 1 point† for every $1 spent on all other Purchases made with your Card.
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Interest Rates: 21.99% on purchases and 22.99% on cash advances.
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
- Your Aeroplan Points do not expire as long as you are a TD® Aeroplan® Visa Infinite* Cardholder in good standing.
- Travel lightly through the airport and save on baggage fees†: Primary Cardholders, Additional Cardholders, and travel companions (up to eight) travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lbs) when your travel originates on an Air Canada flight.
- Travel Medical Insurance†: Up to $2 million of coverage for the first 21 days. If you or your spouse is aged 65 or older, you are covered for the first 4 days of your trip. Additional top-up coverage is available.
- To be eligible, a $60,000 annual personal income or $100,000 household annual income is required. You must also be a Canadian resident and be the age of majority in the province or territory where you live.
- †Terms and conditions apply.
- This offer is not available for 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.
Why we like it
Aeroplan is the rewards currency for Air Canada, so if you want to earn points towards Air Canada travel for a reasonable $139 annual fee, this is the card for you. You’ll also unlock perks like free checked bags for up to eight travel companions, NEXUS rebates and comprehensive travel insurance.
For those willing to pay a higher annual fee of $599, the TD Aeroplan Visa Infinite Privilege card comes with a larger welcome bonus: up to 100,000 Aeroplan points compared to the standard Visa Infinite card’s 50,000-point maximum. It also includes lounge access, and has better travel insurance.
If you don’t travel much on Air Canada, skip on down to the next section for more flexible redemptions.
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Points for every $1 you spend when you book travel through Expedia® For TD†.
Points for every $1 you spend on Groceries, Dining, and Public Transit†.
Points for every $1 you spend on Recurring Bill Payments and Streaming, Digital Gaming & Media†.
Points for every $1 you spend on other Purchases made using your Card†.
Avid Expedia users will get the most out of this card, with its top earn rate (8x TD points) on bookings made through the travel platform. An annual travel credit, airport lounge access and insurances round out this card as a solid pick for jetsetters. But the $139 may be too steep for some, and if you don’t use Expedia, the rewards may not be as fruitful. Best for: Frequent travellers and Expedia surfers who spend big on groceries, dining, and transit.
Pros
- $100 travel credit, annually.
- Airport lounge access and four free passes.
- Comprehensive travel insurance.
Cons
- Higher than average $139 annual fee for points card.
- Top earn rate (8x points) only applies to Expedia bookings.
- Earn up to $1,400 in value†, including up to 160,000 TD Rewards Points, receive an Annual Fee rebate for the first year† and additional travel benefits. Conditions Apply.
- Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card†.
- Earn 140,000 TD Rewards Points when you spend $7,500 within 180 days of Account opening†.
- Get an Annual Fee Rebate for the first year†.
- Get an annual TD Travel Credit† of $100 when you book at Expedia® For TD.
- Earn a Birthday Bonus of up to 10,000 TD Rewards points†.
- Enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)*.
- To receive the first-year Annual Fee rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the Additional Cardholder(s) first-year Annual Fee rebate, you must add your Additional Cardholder(s) while the offer is in effect.
- Offer may be changed, withdrawn, or extended at any time and cannot be combined with any other offer unless otherwise indicated.
- Earn 8 TD Rewards Points† for every $1 you spend when you book travel through Expedia® For TD†.
- Earn 6 TD Rewards Points† for every $1 you spend on Groceries, Dining, and Public Transit†.
- Earn 4 TD Rewards Points† for every $1 you spend on Recurring Bill Payments and Streaming, Digital Gaming & Media†.
- Earn 2 TD Rewards Points For every $1 you spend on other Purchases made using your Card† plus earn an annual Birthday Bonus† of up to 10,000 TD Rewards Points.
- Earn more at Starbucks: Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
- No travel blackouts†, no seat restrictions† and no expiry† for your TD Rewards Points as long as your account is open and in good standing.
- Each year, you will receive one $100.00 TD Travel Credit on your first Eligible Travel Credit Purchase of $500.00 or more made with Expedia For TD and posted to the Account in a calendar year.
- Interest Rates: 21.99% on purchases and 22.99% on cash advances.
- Go Places on Points: Your Points are worth more when you redeem through Expedia® For TD: Search over a million flights, hotels, packages and more! When you’re ready to book, you can redeem† your TD Rewards Points towards your travel purchase right away.
- Travel Medical Insurance†: Up to $2 million of coverage for the first 21 days. If you or your spouse is aged 65 or older, you are covered for the first 4 days of your trip. Additional top-up coverage is available.
- To be eligible, $60,000 (individual) or $100,000 (household) annual income is required. Also, you must have a Canadian credit file and be a Canadian resident of the age of majority in the province or territory where you live.
- †Terms and conditions apply.
- 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.
Why we like it
Not only does this card have one of the best welcome bonuses in Canada with up to 160,000 points, it’s the only TD card to offer free lounge passes for a $139 annual fee. Also unique to this card:
Annual $100 Expedia travel credit on travel bookings of $500 or more.
Birthday bonus of 10% of the points you earned in the 12 months before the cardholder’s birthday.
The best redemption value sits with the Expedia For TD portal, so if you want to travel without being married to Air Canada, then this is your best option. You can also redeem your points for Amazon gift cards and merchandise, but the value will drop significantly.
Heads up: Neither this card nor any other travel-based TD credit card has a foreign transaction fee waiver, so you may want another card like the Scotiabank Gold American Express that can save you the typical 2.5% fee.
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Points for every $1 you spend when you book travel through Expedia® For TD†.
Points for every $1 you spend on Groceries, Dining, and Public Transit†.
Points for every $1 you spend on Recurring Bill Payments and Streaming, Digital Gaming & Media†.
Points for every $1 you spend on other Purchases made using your Card†.
With earn rates of up to 4x TD Rewards Points and flexibility in how points can be redeemed, this card provides a respectable amount of value for a card with no annual fee. Just don’t expect extras like travel perks or insurance. Best for: Expedia aficionados on a budget.
Pros
- No annual fee.
- Earns points on a variety of everyday spending categories.
- Discounts of at least 5%-10% on Avis and Budget rentals.
Cons
- Highest earn rate restricted to Expedia travel bookings.
- Earn a value of $50† in TD Rewards Points† to use on eligible Amazon.ca purchases plus, no Annual Fee. Conditions Apply.
- Offer may be changed, withdrawn, or extended at any time and cannot be combined with any other offer unless otherwise indicated.
- Earn 4 TD Rewards Points for every $1 you spend when you book travel through Expedia® For TD†.
- Earn 3 TD Rewards Points for every $1 you spend on Groceries, Dining, and Public Transit†.
- Earn 2 TD Rewards Points for every $1 you spend on Recurring Bill Payments and Streaming, Digital Gaming & Media†.
- Earn 1 TD Rewards Points for every $1 you spend on other Purchases made using your Card†.
- Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
- Your Points are worth more when you redeem through Expedia For TD: Search over a million flights, hotels, packages and more! When you’re ready to book, you can redeem† your TD Rewards Points towards your travel purchase right away.
- Or Book Any Way†: You can also choose to book your trip through any other travel agency or website. This gives you the flexibility to use your TD Rewards Points towards all kinds of travel expenses – including excursions and taxes – within 90 days of your purchase.
- No travel blackouts†, no seat restrictions† and no expiry† for your TD Rewards Points as long as your account is open and in good standing.
- Shop online through TDRewards.com Redeem your TD Rewards Points for great deals on a wide selection of merchandise and gift card.
- Redeem your TD Rewards Points towards making purchases at Amazon.ca with Amazon Shop with Points. Conditions apply.
- Pay With Rewards: Redeem TD Rewards Points to help pay down your credit card balance.
- Cardholders must be Canadian residents of the age of majority in their province/territory of residence.
- †Terms and conditions apply.
- This offer is not available for 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.
Why we like it
If you liked the TD First Class Travel Visa Infinite until you saw the annual fee, the TD Rewards Visa earns the same type of rewards for no annual fee.
Compared to TD’s other no-fee personal card, the TD Cash Back Visa, this card earns more on purchases, with the exception of gas and EV charging.
So unless you drive a lot or want to earn cash back specifically, then the TD Rewards Visa is your best option.
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In Cash Back Dollars on Grocery, Gas & Electric Vehicle Charging, Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases†.
In Cash Back Dollars on all other Purchases made with your Card†.
This no-fee card is a solid pick for anyone seeking a no-frills way to get a little back on everything they spend. The cash-back rates won’t blow you out of the water, but for a free-to-carry card, the TD Cash Back Visa delivers its own flavour of simple, uncomplicated value. Best for: First-time or budget-focused cardholders who want to earn cash back.
Pros
- No annual fee.
- Discounts of at least 5%-10% on Avis and Budget rentals.
- Cash back on all purchases.
Cons
- Low 0.5% base cash-back rate.
- Earn 1% in Cash Back Dollars on Grocery, Gas & Electric Vehicle Charging, Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases†.
- Earn 0.5% in Cash Back Dollars on all other Purchases made with your Card†.
- Once your Cash Back Dollars balance hits $25, you can redeem those Cash Back Dollars as credit towards your account balance†.
- Your Cash Back Dollars never expire as long as your account is open and in good standing.
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
- Save with Avis Rent A Car and Budget Rent A Car: Use your Canadian TD Credit Card to save a minimum of 10% off the lowest available base rates† in Canada and the U.S., and a minimum of 5% off the lowest available base rates† internationally, on qualifying car rentals at participating Avis and Budget locations.
- Option to purchase TD Auto Club Membership† and be covered 24 hours a day for emergency roadside assistance services in case something goes wrong when you are out on the road.
- Purchase Security and Extended Warranty Protection†: You automatically have access to Purchase Security and Extended Warranty Protection, which includes coverage for most eligible new items you’ve purchased with your Card, should they be stolen or damaged within 90 days of purchase.
- Eligibility is restricted to Canadian residents who are the age of majority in their province/territory of residence.
- †Terms and conditions apply.
- This offer is not available for 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.
Why we like it
Cash back is nice because you don’t have to do as much math or force yourself to take expensive plane trips to get value. TD’s best cash-back option offers 3% on popular categories such as:
Groceries
Gas and EV charging
Public transit
Recurring bill payments, streaming services, and digital gaming
The biggest advantage of this card over some other cards in the same tiers is the relatively high spending cap of $15,000 annually, which works out to $1,250 per month.
The BMO Cash Back World Elite Mastercard offers higher cash back earn rates on several categories, but has a stricter spending cap of $500 per statement period. Some categories, like gas, EV charging and transit, are capped at just $300. So if you know what you’ll be spending and can keep within those thresholds, the BMO card can earn you more.
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With a low interest rate and a modest annual fee, the TD Low Rate Visa Credit Card is an inexpensive, no-fuss option. You won’t earn any rewards, though. Best for: Anyone who typically carries a balance and is willing to forego rewards for low interest rates.
Pros
- Low $25 annual fee.
- Low 12.9% interest rate.
- Discounts of at least 5%-10% on Avis and Budget rentals.
Cons
- Doesn’t earn rewards.
- Get a 0% promotional interest rate on Purchases for the first 6 months† from Account opening and receive an Annual Fee rebate for the first year†. Conditions Apply. Rebate of the Annual Fee is only for the first year for the Primary Cardholder. To receive the first-year Annual Fee rebate for the Primary Cardholder, you must apply, activate your Card and make your first Purchase on the Account within the first 3 months after Account opening.
- Feel prepared, even during uncertain times. The TD Low Rate Visa* Card is an option if you’re carrying a balance or if you need to finance bigger or unexpected purchases. We’re ready to help you move forward.
- With the TD Low Rate Visa* Card you can enjoy great financial flexibility for your everyday purchases.
- Save on interest with a low annual interest rate of 12.90%† for Purchases and Cash Advance transactions.
- Option to purchase Travel Medical Insurance† and Trip Cancellation/Trip Interruption Insurance†.
- Earn more Starbucks Stars at participating Starbucks® stores. Conditions apply.
- Enjoy all of the benefits of your TD Low Rate Visa* Card when using Apple Pay† or Samsung Pay†. It's an easy and secure way to pay.
- Cardholders must be Canadian residents of the age of majority in their province/territory of residence.
- †Terms and conditions apply.
- This offer is not available for 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.
Why we like it
The TD Low Rate Visa earns its spot on this list by being the only card here with a low interest rate of 12.9% compared to the typical 21.99% found on other TD cards. These savings can add up quickly for those who occasionally find themselves carrying a balance. There is an annual fee of $25, but that won’t matter much next to the savings you’ll see on interest, especially since it’s rebated in the first year anyway.
The 0% purchase interest rate for the first 6 months is also helpful if you need to finance a larger one-time expense.
The tradeoff is that this card earns no rewards whatsoever, so consider either the TD Rewards Visa or the TD Cash Back Visa if you don’t anticipate carrying a balance.
More TD credit cards worth considering
| Card | NerdWallet rating | Intro offer | Apply Now |
|---|---|---|---|
| TD® Aeroplan® Visa Infinite Privilege* Credit Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 4.8/5 | Up to 100,000 Points | |
| TD Business Cash Back Visa* Card | |||
 | 3.9/5 | N/A | |
| TD® Aeroplan® Visa Platinum* Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 4.5/5 | Up to 20,000 Points | |
| TD Platinum Travel Visa* Card | APPLY NOW on TD's website | ||
 APPLY NOW on TD's website | 3.9/5 | Up to 50,000 Points | |
Methodology
BACK TO TOPWhy choose a TD credit card?
Toronto-Dominion Bank, more commonly known as TD Bank, is one of Canada’s leading financial institutions. It offers a variety of credit cards designed for A TD credit card makes sense for both travellers and those looking for reliable cash back. It’s also rewarding for those already in the TD ecosystem.
Those with a TD All-Inclusive Banking Plan can get up to $139 in annual fees rebated for one of seven eligible cards — the fee is fully waived on any of TD’s four Visa Infinite cards or its two Platinum cards. The only exception is the Aeroplan Visa Infinite Privilege, whose fee will be reduced to $460. The plan has a monthly fee of $30.95, but that itself can be rebated if you have $6,000 in your chequing account at the end of each month.
Cool security benefit: TD cards are the first in Canada to use virtual card numbers that protect your credit card details. When you enter your card details on Google Chrome or Android, your credit card number is replaced with a unique virtual card number. This decreases the likelihood of fraud with no extra effort on your end.
TD rewards programs and currencies
Aeroplan
TD offers three personal Aeroplan-branded cards. These points can be redeemed for maximum value on Air Canada flights (which have a value of up to 1.6 cents each). They can also be redeemed for Air Canada vacation packages, as well as car rentals, hotels, and merchandise, though these will usually result in less value.
This is best for people who mostly travel on Air Canada or one of their Star Alliance airline partners as the value is highest there.
TD Rewards
TD’s in-house rewards program has plenty of big, flashy numbers, but each point is only worth half a cent each at best, shrinking 10,000 points down to $50.
The points are worth the most when redeemed for Expedia For TD, a travel portal that includes vacation packages, flights and accommodations. You can also redeem your points in other ways, like for Amazon gift cards, merchandise or statement credits, but those result in significantly less value.
When TD may not be the best fit
A couple drawbacks include the lack of no-FX fee cards and the lack of value within their no-fee options. With a few strong travel options on the roster, it’s disappointing that there are no cards that waive the typical 2.5% foreign transaction fee. Scotiabank offers multiple cards that don’t charge these fees, making them a top option to both book your trips and spend money when you get there.
The base rate of 0.5% or 0.5 cents per point on its two no-fee cards is quite pedestrian compared to other cards on the market. The Amex SimplyCash clocks in at a flat rate of 1.25% (with a potential to hit 2% in certain categories) and the Tangerine Money-Back Credit Card has flexible earn rates of up to 2%.
And for you Costco shoppers out there, TD exclusively issues Visa cards, so you won’t be able to use one to grab your cheap rotisserie chicken or $1.50 hot dog.
Frequently asked questions
How do I apply for a TD Bank credit card?
You can apply for a TD Bank credit card online, over the phone, or at a branch. Once approved, you’ll typically receive your card within 7–10 business days.
What’s the best TD Bank credit card?
It depends on your needs. If you travel often, you can choose between the TD Aeroplan Visa Infinite (for people who fly Air Canada) or the TD First Class Travel Visa Infinite (for those who want some flexibility by booking through Expedia). If you don’t travel, the TD Cash Back Visa Infinite is a solid option for everyday spending.
Does TD offer a student credit card?
Though TD doesn’t have a separate student-only card product, it does suggest two no-fee credit cards, the TD Rewards Visa or the TD Cash Back Visa, for students.
Do TD credit cards have income requirements?
The no-fee and Platinum cards don’t have any that are published, but the Visa Infinite series requires $60,000 personal or $100,000 household, while the Aeroplan Visa Infinite Privilege requires $150,000 personal or $200,000 household.
Is the TD Aeroplan Visa Infinite Privilege worth it?
If you travel enough to justify the annual fee, you can take advantage of the unlimited Maple Leaf Lounge visits, six lounge passes through the Visa Airport Companion Program and priority airport services. The annual Worldwide Companion Pass requires more than $25,000 in net purchases in the 12 months before your renewal date, and its base fare starts at $99, plus taxes, fees, charges and surcharges.
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Shannon Terrell
Shannon Terrell