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 charge, take into account 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 charge”—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 charge. 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 pupil bank card

It’s not frequent to search out rewards playing cards with out an annual charge, and even much less so with a strong rewards earn charge. The TD Rewards Visa Card presents an excellent entry level for college students on a finances.

MoneySense editor insights: In the event you’re making use of in 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.

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TD Rewards Visa Card

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Annual charge: $0

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

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Card particulars

Rates of interest	19.99% on purchases, 22.99% on money advances and 22.99% on steadiness transfers This provide shouldn’t be accessible for residents of Quebec.
Revenue required	None specified
Credit score rating	640 or larger (really useful)
Level worth	.

Finest low-interest bank card

If it’s essential 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 fairly good choice. 

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

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TD Low Price Visa Card

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Annual charge: $25

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

Welcome provide: 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 steadiness transfers (13.90% for Quebec residents)
Revenue required	None specified
Credit score rating	640 or larger (really useful)

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 charge 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 along 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 resembling limitless debit transactions and Interac e-Transfers, a small security deposit field, cash orders and customized and licensed cheques—all included. Moreover, there aren’t any TD transaction charges whenever you use an ATM in Canada, the U.S. or internationally (apart from alternate charge charges). Clearly, bundling accounts with the large banks has its perks, together with that it retains issues easy.

This premium account does come at a premium worth. The month-to-month charge is $29.95, or $22.45 for seniors. Nonetheless, for many who can afford to maintain $5,000 parked within the account, that charge is rebated, which 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 fee. The annual charge comes out to just about $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 helps you to redeem on-demand with out time restrictions, in contrast to another applications that limit you to as soon as per calendar yr. You may redeem when you’ve accrued $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 applications on the market, although it’s price mentioning that BMO does have an edge in which you could redeem with as little as $1 in your account.

Tips on how to redeem TD journey factors

TD Rewards factors will be redeemed for a spread of reward playing cards, merchandise and even money–however they’re before everything made for journey redemptions, particularly from the Expedia For TD web site. The worth of your factors varies based on 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 easiest worth out of your factors when redeeming on ExpediaforTD.com. There, you may put your factors towards reserving free or discounted journey from Expedia, one of many world’s largest journey search engines like google and yahoo and on-line journey businesses. 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 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%)

In the event you don’t wish to e-book by means of Expedia For TD, you have got 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, motels, excursions and automobile leases. Merely choose the Ebook 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 most effective thought. If you wish to earn money with TD, it’s higher to go together with certainly one of TD’s money again playing cards. Nonetheless, in the event you’re nonetheless trying to flip your factors into money, you may–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 Finest Purchase, Canadian Tire, Foot Locker, Mattress Bathtub & Past, and others. That stated, the worth of your redemption finished 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 tools to electronics. Factors values on this stuff range 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 period Aeroplan factors will likely 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 be capable 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 use 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 system would appear like this:

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

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