The perfect TD bank cards in Canada in 2025

Greatest no-fee money again bank card

If you wish to earn money again however don’t need to pay an annual price, contemplate the TD Money Again Visa. Know, although, that the perks are lean—anticipate 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 usually cash-back playing cards (even outdoors of the TD suite) have an annual price. So we like that this has the very best of each: No annual really feel and cash-back rewards. For a breakdown of the rewards see beneath.

Greatest pupil 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 charge. The TD Rewards Visa Card provides an ideal entry level for college kids on a finances.

MoneySense editor insights: For those who’re making use of in 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 would possibly as properly earn reward factors out of your grocery and bookstore hauls.

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TD Rewards Visa Card

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Annual price: $0

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

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Card particulars

Rates of interest	19.99% on purchases, 22.99% on money advances and 22.99% on stability transfers This supply shouldn’t be out there for residents of Quebec.
Earnings required	None specified
Credit score rating	640 or greater (really helpful)
Level worth	.

Greatest low-interest bank card

If you might want to finance an enormous buy, have an sudden expense, or simply need 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 charge is editor-approved!

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TD Low Charge Visa Card

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Annual price: $25

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

Welcome supply: None at the moment.

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Card particulars

Rates of interest	12.90% on money advances (13.90% for Quebec residents), 0% on stability 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 gives top-tier providers and precious 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 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 equivalent to limitless debit transactions and Interac e-Transfers, a small security deposit field, cash orders and personalised and licensed cheques—all included. Moreover, there are not any TD transaction charges whenever you use an ATM in Canada, the U.S. or internationally (apart from trade charge 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. Nevertheless, 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 need to weigh the advantages towards the price. The annual price comes out to just about $360 (or virtually $270 for seniors) however any bank card rebates would come out of that whole.

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, in contrast to another packages that prohibit you to as soon as per calendar yr. You possibly can 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 value mentioning that BMO does have an edge in that you would be able to 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 initially made for journey redemptions, particularly from the Expedia For TD web site. The worth of your factors varies in line with 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 easiest 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 irrespective of how, when or the place you’re travelling, making this technique a winner for individuals who don’t need to spend their time deciphering rewards charts.

Guide Any Approach

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%)

For those who don’t need to e book by means of Expedia For TD, you’ve the pliability to go elsewhere. That features shopping for your tickets as instantly from an airline or a journey company. You should use TD factors for nearly something travel-related together with flights, accommodations, excursions and automotive leases. Merely choose the Guide Any Approach choice whenever 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 very best thought. If you wish to earn money with TD, it’s higher to go along with certainly one of TD’s money again playing cards. Nevertheless, for those who’re nonetheless trying 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 stated, the worth of your redemption completed this fashion 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 typically 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 shall be redeemable for flights based mostly on a redemption chart that breaks up the world into 4 completely 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 standard 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 components would appear like this:

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

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