The best TD credit cards in Canada in 2025

Finest 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 may 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 the most effective of each: No annual really feel and cash-back rewards. For a breakdown of the rewards see beneath.

Finest scholar bank card

It’s not widespread to search 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 provides a terrific entry level for college kids on a funds.

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

featured

TD Rewards Visa Card

go to site

Annual price: $0

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

go to site

Card particulars

Rates of interest	19.99% on purchases, 22.99% on money advances and 22.99% on steadiness transfers This provide is just not out there for residents of Quebec.
Earnings required	None specified
Credit score rating	640 or greater (really helpful)
Level worth	.

Finest low-interest bank card

If it’s good to 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 reasonably good possibility. 

MoneySense editor insights: The standard 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 site

Annual price: $25

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

Welcome provide: None presently.

go to 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 greater (really helpful)

TD All-Inclusive Banking Plan

TD’s All-Inclusive Banking Plan is a premium checking account that provides top-tier companies and useful 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 further 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 embrace the next: TD Aeroplan Visa Infinite, TD Aeroplan Visa Platinum, TD First Class Travel Visa Infinite, TD Platinum Journey Visa, and TD Cash Back Visa Infinite.

Sweetening the pot for account holders, TD rewards with premium chequing account advantages reminiscent of limitless debit transactions and Interac e-Transfers, a small security deposit field, cash orders and customized and licensed cheques—all included. Moreover, there are not any TD transaction charges if you use an ATM in Canada, the U.S. or internationally (aside from alternate 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 worth. The month-to-month price is $29.95, or $22.45 for seniors. Nonetheless, for individuals 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 in opposition to the fee. The annual price comes out to almost $360 (or nearly $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 helps you to redeem on-demand with out time restrictions, not like another packages that limit you to as soon as per calendar yr. You may 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 likely one of the most versatile cash-back packages on the market, although it’s price mentioning that BMO does have an edge in you could redeem with as little as $1 in your account.

Tips on how to redeem TD journey factors

TD Rewards factors could be redeemed for a variety of reward playing cards, merchandise and even money–however they’re firstly 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 price 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 businesses. There are not any blackout dates or airline restrictions, and the factors values stay constant regardless of how, when or the place you’re travelling, making this methodology a winner for individuals who don’t wish to spend their time deciphering rewards charts.

Guide Any Manner

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 guide via Expedia For TD, you’ve got the pliability to go elsewhere. That features shopping for your tickets as instantly from an airline or a journey company. You should utilize TD factors for just about something travel-related together with flights, motels, excursions and automobile leases. Merely choose the Guide Any Manner possibility if 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’ll 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 the most effective thought. If you wish to earn money with TD, it’s higher to go along with one in every 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 just 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 Finest Purchase, Canadian Tire, Foot Locker, Mattress Tub & Past, and others. That mentioned, the worth of your redemption executed this manner matches what you’d get when utilizing factors for money again so that you’re higher off utilizing one other methodology.

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 range 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 period Aeroplan factors will probably 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 range relying on the place you’re flying to and the way standard the route is, however you should utilize this calculation:

Worth of 1 Aeroplan level = (worth 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 components would seem like this:

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

You may as well maximize your factors values by including stopovers, getting baggage charges waived, and so forth.