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Best for bigger households and road warriors who can maximize this card’s 3% cash back at the grocery store and gas pumps.

If the gas station or grocery store is where you swipe most often, or you’re looking for a card that earns cash you can use to pay down your balance, the TD Cash Back Visa Infinite might be a good fit.

5.0

Learn more about how we evaluate cards.

Annual Fee

$139

Apply online by May 28, 2023. Terms and conditions apply.

Waived first year
Interest Rates

20.99% / 22.99%

20.99% on purchases, 22.99% on cash advances.
Rewards Rate

1%-10%

Earn 10% on all purchases for the first 3 months (ends May. 28). Earn 3% on eligible grocery† and gas purchases†, and on regularly recurring bill payments† set up on your account. Earn 1% on everything else†.
Intro Offer

Up to $290

Earn 10% Cash Back on all Purchases for the first 3 months† up to a total spend of $2,000. After your first $2,000 in Purchases, Gas Purchases, Grocery Purchases and Pre-Authorized Payments will continue to earn 6% up to a total spend of $3,500 for the first 3 months. Terms and conditions apply. Must apply online by May 28, 2023.

Apply Now

Limited Time Offer: Earn 10% Cash Back on all Purchases for the first 3 months† up to a total spend of $2,000. Plus, first year no Annual Fee for the Primary and Additional Cardholders†. Must apply online by May 28, 2023.
Earn 3% in Cash Back Dollars on eligible grocery Purchases and gas Purchases†, and on regularly recurring bill payments† set up on your account.
Earn 1% Cash Back Dollars on all other Purchases made with your Card.†
Redeem your Cash Back Dollars to help pay down your Account balance whenever you please – the choice is yours!†
Your Cash Back Dollars never expire as long as your account is open and in good standing.
Interest Rates: 20.99% on purchases and 22.99% on cash advances.
Travel Medical Insurance† – Up to $2 million of coverage for the first 10 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.
Delayed and Lost Baggage Insurance† – Up to $1,000 overall coverage per insured person toward the purchase of essentials such as clothes and toiletries if your baggage is delayed more than 6 hours or lost.
Emergency Travel Assistance Services† – Help is just a call away. Toll-free access to help in the event of a personal emergency while travelling.
Complimentary Visa Infinite* Concierge†: On call, 24 hours a day, seven days a week, to help you get the most from life whenever you travel, shop and use your Card.
Emergency Road Services with Deluxe TD Auto Club Membership is included with the product.
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.
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.

TD Cash Back Visa Infinite Card pros and cons

Pros

A generous welcome offer that includes a waived annual fee for the first year (must apply online by May 28, 2023; conditions apply).
Accelerated earn rate on groceries, gas and recurring bill payments.
Roadside assistance.
Rental car discounts.
Travel and rental vehicle insurance coverage.
Perks like concierge support and access to luxury hotel, food and wine experiences.

Cons

The accelerated earn rate of 3% cash back is limited to $15,000 annual spend across all categories. After that, you’ll earn a flat rate of 1% cash back on all purchases.
The $139 annual fee yields fewer perks and insurance than some other cards.

TD Cash Back Visa Infinite Card full review

The TD Cash Back Visa Infinite card is a cash-back credit card that earns 1% to 3% cash back on eligible purchases (even more if you take advantage of its generous intro offer).

Is the TD Cash Back Visa Infinite Card worth it?

It depends on your spending habits. Ideally, you want to get more than you give when you have a credit card. After the first year, the TD Cash Back Visa Infinite’s annual fee is $139. To recoup that cost, you’d need to spend at least $4,633 on groceries or gas in one year. That’s about $386 monthly. Anything you spend on groceries or gas beyond this will earn cash back you can pocket.

Point value breakdown

The TD Cash Back Visa Infinite’s ongoing rate is 1% on non-bonus categories. One percent cash back is equal to $0.01. So for each dollar, you spend that’s eligible for cash back with the TD Cash Back Visa Infinite credit card, you’ll earn $0.01.

Benefits of TD Cash Back Visa Infinite Card

In addition to earning cash back on eligible purchases, TD Cash Back Visa Infinite cardholders also get round-the-clock roadside assistance courtesy of a free Deluxe TD Auto Club Membership, and car rental discounts when renting with Avis or Budget. The card offers travel and auto rental insurance and cardholders get Visa Infinite perks, including 24-hour access to the Visa Infinite Concierge service team.

Drawbacks of TD Cash Back Visa Infinite Card

This card’s $139 annual fee is average (as far as credit card fees go), but some cards don’t charge annual fees.

There’s also an annual income requirement, which limits applicants to those with an individual annual income of $60,000 annually or an annual household income of $100,000.

You’ll also need to be mindful of how much you spend — the 3% cash back on groceries and gas drops to 1% once you spend more than $15,000 in each category annually.

Is TD Bank reliable and secure?

The Toronto Dominion Bank, or TD Bank, offers personal and business banking services to over 27 million customers worldwide. It is one of Canada’s Big Six Banks, with branches and ATMs in every province and territory, except Nunavut.

TD Bank carries Canada Deposit Insurance Corporation (CDIC) insurance, which protects customer deposits of up to $100,000 if TD goes under. TD Bank credit card transactions are also protected from losses that result from unauthorized transactions through Visa Secure.

TD Bank customer satisfaction ratings

TD Bank ranks 12th (and below industry average) in customer satisfaction with credit card issuers, according to J.D. Power’s 2022 Canada Credit Card Satisfaction Study, a survey of 6,478 cardholders in Canada [1]. Card issuers were rated on their benefits and services, communication, card terms, customer support and rewards. The credit card issuers with the highest customer satisfaction ratings in the survey were Tangerine Bank, Canadian Tire and American Express.

At the time of this writing, TD Bank had a Trustpilot rating of 1.3 out of 5 possible stars, based on more than 1,600 customer reviews.

At the time of this writing, TD Bank had a Better Business Bureau rating of 1.34 out of 5 possible stars, based on over 60 customer reviews.

TD Cash Back Visa Infinite Card details and eligibility

Who qualifies for the TD Cash Back Visa Infinite Card?

You must be a Canadian resident and at least the age of majority for your province or territory to be eligible for the TD Cash Back Visa Infinite card. You’ll also need to meet credit score and income requirements.

Approximate credit score needed for approval

Canadian credit card issuers rarely disclose required credit scores, which makes it hard to know your chances of approval when comparing credit cards. It also means any score suggestion we make would be our best guess — which may not be accurate and could result in card application rejections. We don’t want that.

Suggesting that you’d need a “good” or “excellent” score would also be confusing, because the meaning of those terms can vary depending on the rating system card issuers use.

Instead, we’ll tell you what we do know: higher scores have better chances of approval — that’s true no matter what type of credit you’re applying for. Visit our “What Credit Score is Needed for a Credit Card?” page to learn more.

» MORE: How to Check Your Credit Score

Income requirements

A minimum annual income of $60,000 for an individual or $100,000 for a household is required to qualify for the TD Cash Back Visa Infinite.

Who should get the TD Cash Back Visa Infinite?

The TD Cash Back Visa Infinite offers its highest earn rate on groceries and gas. Those with sizable grocery bills, multi-vehicle households or long commutes will be able to make the most of this credit card’s cash-back rewards program.

How to know if the TD Cash Back Visa Infinite is right for you

If you typically use a credit card at the gas station or grocery store or are looking for a card that earns cash you can use to pay down your card balance, the TD Cash Back Visa Infinite might be a good fit.

Value of TD Cash Back Visa Infinite Card’s intro offer: $549+

The intro offer for the TD Cash Back Visa Infinite includes a 10% cash-back rate on all purchases for three months and no annual fee for the first year of card membership. Right off the bat, the free year of card membership immediately saves you $139. But how much value could you squeeze out of the accelerated welcome rate?

You’d earn 10% on all eligible purchases in the first three months, up to a total spend of $2,000, which means a potential $200 cash back.

After this, the cash-back rate drops to 6% for the next $3,500 you spend on gas, groceries and pre-authorized payments in the first three months, which is another $210 (you’ll earn 1% on all other purchases).

Once you pass both bonus spending caps, the cash-back rate falls to the standard rates for the card, which are 3% for gas, groceries and recurring bill payments and 1% for everything else.

Still, factoring in the waived annual fee, that’s a $549 value — all within the first year of card membership. And that doesn’t account for any other cash back you earn at the standard rate.

How to apply for the TD Cash Back Visa Infinite Card

The application process for the TD Cash Back Visa Infinite card is fairly straightforward:

Select the Apply Online button from the TD Cash Back Visa Infinite page on TD Bank’s website.
Select your province of residence.
Review the card’s terms and conditions and select ‘I Agree’ to continue.
Enter your personal details, including your full name, date of birth, phone number, email address and residential address.
Tell TD Bank about your employment status.
Tell TD Bank about your finances, including your annual personal income, household income and residential status.
Review the information you’ve submitted and select your preferred credit limit.
Add personal information for any additional cardholders you’d like to add to the account.
Review the card’s insurance coverage and terms and conditions.
Submit your application.

How to maximize the TD Cash Back Visa Infinite Card’s benefits

Get the most from your TD Cash Back Visa Infinite with the following tips:

Pay your bill on time. Failing to pay the minimum amount due on your account twice in 12 months will result in a penalty APR of 25.99%. This penalty APR will apply until you’ve made 12 consecutive payments on time. Your account may fall into default if you continue to miss payments.
Spend wisely. You’ll get the most bang for your buck by using your TD Cash Back Visa Infinite credit card to make grocery and gas purchases — both spending categories earn 3% cash back.
Avoid cash advances. Borrowing money from your credit card will result in a cash advance fee and an increased interest rate on what you borrow.
Set up recurring bill payments. Take advantage of the 3% you’ll get back on recurring payments by paying your bills with your TD Cash Back Visa Infinite card.
Link your card to your Starbucks account. Earn 50% more Starbucks Stars when you pay for your Starbucks order with your TD Cash Back Visa Infinite card — but only if you’ve linked your accounts.

Alternatives to the TD Cash Back Visa Infinite Card

If you bank with TD and would prefer to keep your accounts in one place, consider the TD Cash Back Visa — a cash-back card with no annual fee. Or, compare your cash-back credit card options from other financial institutions.

If cash back doesn’t appeal, numerous card alternatives exist, including travel cards, Aeroplan cards, cards with no annual fees and more.

Reasons you might want a different card

Annual fees and interest rates are common for credit cards. But there are a few circumstances where the TD Cash Back Visa Infinite simply won’t be a practical fit:

You don’t spend much on groceries.
You don’t have a car.
You don’t meet the minimum income requirement.
You’d prefer to earn a different type of reward.

TD Cash Back Visa Infinite Card vs TD Cash Back Visa Card

Both of these TD credit cards earn cash back but eligibility criteria and earn rates vary.

	TD Cash Back Visa Infinite	TD Cash Back Visa
Minimum credit score	Not known.	Not known.
Minimum annual income	$60,000 for an individual or $100,000 for a household.	None specified.
Annual fee	$139	$0
Earn rates	3% on grocery and gas purchases and recurring bill payments, 1% on all other purchases.	1% on grocery and gas purchases and recurring bill payments, 0.5% on all other purchases.

TD Cash Back Visa Infinite Card facts

TD Cash Back Visa Infinite Card
Card Type	Cash Back Credit Card
Interest Rates
Regular/purchase APR	20.99%
Cash advance APR	22.99%
Penalty APR	25.99% after two missed minimum payments within any 12 consecutive statement periods.
Fees
Annual fee	$139.
Balance transfer	3% of the amount of each balance transfer.
Cash advance	1% of any cash advance transaction made in Canada. If the fee is less than $3.50, TD Bank charges a minimum cash advance fee of $3.50 up to a maximum of $10. Cash advance transactions outside Canada cost $5.
Foreign transaction	2.5% of the transaction amount.
Reward Earn Rates
Signup Bonus or Welcome Offer	Get 10% cash back on eligible purchases for the first three months following card activation for a total spend of $2,000. After that, you’ll earn 6% on gas, groceries and pre-authorized payments for a total spend of $3,500 for the first three months. Plus, no annual fee for the first year. Must apply online by May 28, 2023.
Rewards and benefits	Earn 3% cash back on grocery purchases, gas purchases and recurring bill payments. Earn 1% cash back on all other purchases.
Other perks
	24/7 emergency roadside assistance courtesy of a free Deluxe TD Auto Club Membership. Complimentary 24-hour access to the Visa Infinite Concierge service team for help with travel accommodations, shopping, dining reservations and more. Insurance coverage, including travel medical, delayed and lost baggage, auto rental collision and loss damage. Earn 50% more Starbucks Stars when you pay with your linked TD credit card. Save a minimum of 10% off the lowest base rates for rental cars through Avis Rent A Car and Budget Rent A Car locations in Canada and the US and 5% off base rates internationally. Get exclusive perks when you book a stay on a property from the Visa Infinite Luxury Hotel Collection. Access exclusive culinary events through the Visa Infinite Food and Wine Experiences program.
Insurance coverage
Extended warranty	Up to one additional year.
Purchase protection	90 days.
Travel Medical Insurance	Up to $2,000,000 for medical emergencies.
Delayed and Lost Baggage Insurance	Up to $1,000 per person per trip to cover the cost of emergency essentials, like toiletries and clothes.
Mobile Device Protection	Up to $1,000 of mobile device protection in case of loss, theft, accidental damage or mechanical issues.
Rental Car Theft & Damage	For up to 48 days.

Rating Methodology

NerdWallet Canada rates credit cards according to overall consumer value and their suitability for specific kinds of consumers. Factors in our evaluation include annual and other fees, rewards rates, the earning structure (for example, flat-rate rewards versus bonus categories), redemption options, bonus offers for new cardholders, introductory and ongoing APRs, and other noteworthy features such as airline or hotel perks or the ability to transfer points.

You can use your TD cash back dollars anytime through the TD EasyWeb platform or mobile app or by calling TD Bank. The minimum redemption amount is $25. You can use your cash back dollars to pay down your account balance.

You can make a payment to your TD credit card by transferring funds from another TD account or with TD cash back dollars through the TD EasyWeb portal or mobile app.

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TD Cash Back Visa Infinite Card Review

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Best for bigger households and road warriors who can maximize this card’s 3% cash back at the grocery store and gas pumps.

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