One of the best TD bank cards in Canada in 2025

Greatest no-fee money again bank card

If you wish to earn money again however don’t wish to pay an annual price, contemplate the TD Money Again Visa. Know, although, that the perks are lean—count on buy safety and prolonged guarantee—however like different TD playing cards, your money again rewards by no means expire, and you’ll redeem this cash everytime you need.

MoneySense editor insights: This TD bank card had our editors at “no annual price”—many different playing cards from TD include a $139 price ticket. And sometimes cash-back playing cards (even exterior of the TD suite) have an annual price. So we like that this has one of the best of each: No annual really feel and cash-back rewards. For a breakdown of the rewards see beneath.

Greatest scholar bank card

It’s not widespread to seek out rewards playing cards with out an annual price, and even much less so with a strong rewards earn price. The TD Rewards Visa Card gives a terrific entry level for college students on a funds.

MoneySense editor insights: In case you’re making use of to your first-ever bank card then this no-fee rewards card is nice for college students wanting to make use of a TD card. You would possibly as properly earn reward factors out of your grocery and bookstore hauls.

featured

TD Rewards Visa Card

go to web site

Annual price: $0

Welcome supply: Earn a price of $50 in TD Rewards Factors to make use of on eligible Amazon.ca purchases, plus no annual price. Circumstances apply.

go to web site

Card particulars

Rates of interest	19.99% on purchases, 22.99% on money advances and 22.99% on steadiness transfers This supply just isn’t out there for residents of Quebec.
Earnings required	None specified
Credit score rating	640 or increased (really useful)
Level worth	.

Greatest low-interest bank card

If it is advisable finance a giant buy, have an surprising expense, or simply wish to rating an ultra-low rate of interest, this TD bank card is a fairly good choice. 

MoneySense editor insights: The everyday rate of interest on bank cards in Canada is round 20%. This card’s price is editor-approved!

featured

TD Low Price Visa Card

go to web site

Annual price: $25

Low rate of interest: 12.90% on purchases (13.90% for Quebec residents)

Welcome supply: None right now.

go to web site

Card particulars

Rates of interest	12.90% on money advances (13.90% for Quebec residents), 0% on steadiness transfers (13.90% for Quebec residents)
Earnings required	None specified
Credit score rating	640 or increased (really useful)

TD All-Inclusive Banking Plan

TD’s All-Inclusive Banking Plan is a premium checking account that provides top-tier companies and invaluable reductions, a few of which reward these carrying choose TD bank cards. For instance, All-Inclusive Banking Plan account holders obtain an annual price waiver after they join sure TD bank cards for each the first and one extra card holder—for so long as they carry the account. Simply how a lot are you able to save? A bundle. The TD Money Again Visa Infinite, for instance, prices $139 yearly plus $50 for as much as one licensed cardholder. The $189 annual financial savings properly offsets the account charges whereas permitting you to leverage the perks related together with your bank card. Eligible playing cards embody the next: TD Aeroplan Visa Infinite, TD Aeroplan Visa Platinum, TD First Class Journey Visa Infinite, TD Platinum Journey Visa, and TD Money Again Visa Infinite.

Sweetening the pot for account holders, TD rewards with premium chequing account advantages comparable to limitless debit transactions and Interac e-Transfers, a small security deposit field, cash orders and personalised and authorized cheques—all included. Moreover, there aren’t any TD transaction charges while you use an ATM in Canada, the U.S. or internationally (aside from change price charges). Clearly, bundling accounts with the massive banks has its perks, together with that it retains issues easy.

This premium account does come at a premium value. The month-to-month price is $29.95, or $22.45 for seniors. Nonetheless, for many who can afford to maintain $5,000 parked within the account, that price is rebated, that means all these perks together with the bank card rebates are free. In any other case, you’ll wish to weigh the advantages towards the price. The annual price comes out to almost $360 (or virtually $270 for seniors) however any bank card rebates would come out of that complete.

Tips on how to use TD’s cash-back {dollars}

The TD Money Again Rewards bank card program permits you to redeem on-demand with out time restrictions, not like another packages that limit you to as soon as per calendar yr. You’ll be able to redeem when you’ve amassed $25 (that’s the minimal redeemable quantity, too) and your cash-back rewards by no means expire. The TD program is without doubt one of the most versatile cash-back packages on the market, although it’s value mentioning that BMO does have an edge in that you could redeem with as little as $1 in your account.

Tips on how to redeem TD journey factors

TD Rewards factors may be redeemed for a spread of reward playing cards, merchandise and even money–however they’re at the start made for journey redemptions, particularly from the Expedia For TD web site. The worth of your factors varies in response to what you redeem them for, and the way. We break down the choices beneath:

How a lot is a TD journey level value on Expedia For TD

200 TD factors = $1
1 TD level = 0.5 cent

You’ll get the perfect worth out of your factors when redeeming on ExpediaforTD.com. There, you’ll be able to put your factors towards reserving free or discounted journey from Expedia, one of many world’s largest journey serps and on-line journey companies. There aren’t any blackout dates or airline restrictions, and the factors values stay constant regardless of how, when or the place you’re travelling, making this technique a winner for many who don’t wish to spend their time deciphering rewards charts.

Ebook Any Method

250 TD factors = $1 on the preliminary $1,200 of journey reserving
1 TD level = 0.4 cent (0.4%)

200 TD factors = $1 on any quantity that’s over $1,200
1 TD level = 0.5 cent (0.5%)

In case you don’t wish to ebook by way of Expedia For TD, you’ve gotten the flexibleness to go elsewhere. That features shopping for your tickets as immediately from an airline or a journey company. You should utilize TD factors for just about something travel-related together with flights, resorts, excursions and automobile leases. Merely choose the Ebook Any Method choice while you redeem your factors. The one drawback: At 0.4 of a cent per level on the preliminary $1,200, you’ll get barely much less worth than you’d on Expedia For TD. This works out to about 25% much less worth per level.

Redeem factors for money

400 TD level = $1
1 TD level = 0.25 cent (0.25%)

All people loves money, however at 400 factors per $1, utilizing your TD factors to get it isn’t one of the best thought. If you wish to earn money with TD, it’s higher to go together with considered one of TD’s money again playing cards. Nonetheless, should you’re nonetheless seeking to flip your factors into money, you’ll be able to–simply know that you simply want a minimal of 10,000 factors.

Redeem factors for reward playing cards

Common 1 TD level = 0.25 cent (0.25%)

There’s all kinds of reward card choices on TDRewards.com, usable towards purchases at retailers together with Greatest Purchase, Canadian Tire, Foot Locker, Mattress Tub & Past, and others. That mentioned, the worth of your redemption achieved this manner matches what you’d get when utilizing factors for money again so that you’re higher off utilizing one other technique.

Redeem factors for merchandise

TD factors can be utilized towards an enormous number of merchandise, from train gear to electronics. Factors values on these things differ dramatically however usually will hover between 0.2 and 0.35 of a cent per level.

About TD Aeroplan rewards

Aeroplan launched a program overhaul on November 8, 2020, at which era Aeroplan factors can be redeemable for flights primarily based on a redemption chart that breaks up the world into 4 totally different journey zones: North America, Atlantic, Pacific and South America. You’ll have the ability to redeem factors for flights on Air Canada, plus greater than two dozen Star Alliance members, together with Singapore Airways, Austrian Airways and United.

TD level values differ relying on the place you’re flying to and the way common the route is, however you should utilize this calculation:

Worth of 1 Aeroplan level = (value of ticket – charges) ÷ Aeroplan factors wanted to redeem

For an instance: if a round-trip flight from Toronto to Vancouver has a base fare of $405 and $20 in charges, your method would appear like this:

($405 – $20) ÷ 25,000 TD factors = 1.54 cents per 1 Aeroplan level

You can even maximize your factors values by including stopovers, getting baggage charges waived, and so forth.