5 Things to Know About the TD First Class Travel Visa Infinite
Nerdy Verdict
Best for:
Travellers willing to book through Expedia For TD who value lounge access, comprehensive insurance coverage and plenty of bonus rewards on groceries, dining and transit.
Not ideal for:
Frequent foreign-currency spenders or travellers who want to transfer their points to airline and hotel loyalty programs.
Why we like it:
The welcome offer, annual travel credit and four lounge visits provide plenty of potential value for a $139 annual fee. The catch is that Expedia For TD plays a major role in getting the most from the card.
The TD First Class Travel Visa Infinite card packs a lot of travel value into a manageable $139 annual fee. But much of its value depends on booking through Expedia For TD, and its 2.5% foreign transaction fee makes it a poor card to use abroad.
The central tradeoff is that the card is better at saving you money while booking a trip than while spending abroad.
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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 $1,300 in value†, including up to 146,000 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 126,000 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.
Here are 5 key things you’ll want to keep in mind if you’re thinking of getting this card.
1. Expedia For TD unlocks the card’s highest rewards value
The TD First Class Travel Visa Infinite earns TD Rewards points on all of its purchases. You’ll earn 2 points per eligible dollar spent, with some expected and unique categories getting a bonus multiplier.
Each point is worth 0.5 cent each when redeemed through Expedia For TD, giving you the following approximate earn rates:
8x points, worth about 4%, on travel bookings through Expedia For TD.
6x points, worth about 3%, on groceries, dining out and public transit (up to $25,000 annual spend).
4x points, worth about 2%, on recurring bill payments and streaming, digital gaming and media (up to $25,000 annual spend).
2x points, worth about 1%, on all other purchases.
Sizeable sign up bonus is valuable, but the spending requirement is substantial
For a big boost of points, the sign-up bonus can net you up to 146,000 TD Rewards points in the first year. This works out to a maximum of $730 when redeemed on bookings through the Expedia For TD portal.
The big bucket of points is earned in 2 stages:
20,000 points when you make your first purchase with the card.
126,000 points after spending $7,500 within 180 days of opening the card.
Income requirements
The income requirements are $60,000 personal and $100,000 household, meaning it may be out of reach for some people.
For those who are interested in earning TD Reward points, the TD Rewards Visa does not have any income requirements or annual fee.
» EXPLORE: The best credit card welcome bonuses in Canada right now
2. Annual birthday bonus and travel credit can offset the annual fee
Every year, you can earn a bonus of 10% of the TD Rewards points you earned in the previous 12 months, up to a maximum of 10,000 points. This bonus, which is the only one of its kind in the TD lineup, represents up to $50 per year if you max it out.
Another annual bonus you’ll get is a $100 travel credit when booking on Expedia For TD. This applies to the first eligible travel credit purchase posted to your account in the calendar year.
Used together, the credit and maximum birthday bonus can exceed the card’s $139 annual fee. However, that calculation only works if you would make an eligible Expedia For TD booking anyway and earn enough points to maximize the birthday bonus.
3. Four lounge visits add meaningful value at this price
The card grants 4 complimentary lounge visits per year for both the primary card holder and their accompanying guests at participating Visa Airport Companion lounges.
Any additional visits beyond the initial 4 are subject to a $32 USD charge per person, per visit.
For those who bank with TD, this is a nice perk as no other TD card in the same tier comes with lounge access. The higher-tier TD Aeroplan Visa Infinite Privilege has lounge access, but comes with an annual fee of $599.
» DISCOVER: Best credit cards with airport lounge access
4. Travel insurance is broad, smaller perks are nice extras
There are a few other perks to consider if you’re on the fence about taking on this card.
Travel-centric insurance coverage
You’d expect comprehensive coverage for a credit card that’s designed around flexible travel, and this card delivers:
Emergency medical (21 days, or 4 days for those over 65) for up to $2,000,000.
Travel accident coverage for up to $500,000
Trip cancellation and trip interruption insurance
Flight delay, baggage delay and lost/stolen baggage coverage
Hotel burglary
Rental car theft and damage (nice to have if you plan on taking advantage of the car rental discount)
Mobile device insurance
Comparing it to other issuers with similar cards, it excels in trip interruption coverage and delayed or lost/stolen baggage coverage, as well as hotel burglary coverage. It also has one of the longest timeframes for emergency medical coverage for seniors.
Other useful perks
These are nice benefits. They aren’t reasons to apply, but may be reasons to keep it:
Discounts on Avis and Budget car rentals (a minimum of 10% in Canada and the U.S.)
Free Uber One trial, with a 20% discount per month afterwards
Extra travel benefits, like concierge service, access to the Visa Luxury Hotel Collection, Visa Infinite Dining Collection, and Access Rewards for golfers.
Bonus Starbucks Stars on Starbucks purchases.
These benefits can add incremental value, but they are less likely than the travel credit, lounge visits or insurance coverage to justify applying for the card.
5. The 2.5% foreign transaction fee makes it an awkward choice to use abroad
If you want to compare this card to the best travel cards in Canada, there are a couple of benefits that are absent in this card, most notably that it charges a foreign exchange fee on purchases made outside of CAD.
That creates an awkward mismatch: the card rewards you for booking travel, but becomes less competitive once you arrive and start spending abroad.
Other cards, like the Scotiabank Passport Visa Infinite +* Card don’t charge 2.5% in fees when paying in currencies other than CAD.
If you plan to travel abroad, it might be good to carry a different card or find a favourable exchange rate using cash.
Points cannot be transferred to other programs
There’s no shortage of redemption options through the Expedia For TD portal, and that’s where you get the most value as well. But when it comes to flexibility, other cards have a leg up.
Even within the same family and for the same $139 annual fee, TD Aeroplan Visa Infinite holders can redeem their points for flights on other Star Alliance airlines or partners.
NEXUS benefits
Some other cards, like the CIBC Aventura Visa Infinite, have a partial or full NEXUS application fee waiver, which is handy if you travel to the U.S. often or if you enjoy the convenience of saving time at airport security.
When another card may fit better
The TD First Class Travel Visa Infinite offers a broad mix of rewards and travel benefits, but another card may fit better depending on what you value most.
Choose the Scotiabank Passport® Visa Infinite +* if you frequently spend in foreign currencies or want six complimentary lounge visits instead of four.
Choose the TD Aeroplan Visa Infinite if you regularly fly Air Canada and would benefit from free checked bags, an annual NEXUS credit and Aeroplan flight rewards.
Choose the TD Rewards Visa if you want to earn TD Rewards points without paying an annual fee or meeting the Visa Infinite income requirements, and don’t need lounge access or extensive travel benefits.
Conclusion
The TD First Class Travel Visa Infinite really shines in the first year due to its valuable welcome bonus, which is one of the best in Canada. Looking at the other perks, you can continue seeing good value for the $139 annual fee if you get the most out of them.
For instance, if you travel by maximizing the Expedia for TD portal while putting the annual travel credit and birthday bonus points to good use, you’ll be relaxing in a lounge with both a drink in your hand and more money in your pocket. All while protected by comprehensive insurance, to boot.
The main issue is that once you’ve stepped off the tarmac on your dream vacation, buying tickets to go on a tropical cruise excursion or to see your favourite K-pop group perform in a stadium tour will cost more since you’ll be charged the full 2.5% foreign exchange fee.
The card specializes in saving you money when booking a trip, not spending on it, so getting it a wallet buddy with no FX fees may be the strongest play.
Nerdy Verdict
Best for:
Travellers willing to book through Expedia For TD who value lounge access, comprehensive insurance coverage and plenty of bonus rewards on groceries, dining and transit.
Not ideal for:
Frequent foreign-currency spenders or travellers who want to transfer their points to airline and hotel loyalty programs.
Why we like it:
The welcome offer, annual travel credit and four lounge visits provide plenty of potential value for a $139 annual fee. The catch is that Expedia For TD plays a major role in getting the most from the card.
DIVE EVEN DEEPER
Shannon Terrell
