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The best TD credit cards in Canada for 2024

Natasha-M 1
Natasha Macmillan, Business Unit Director - Everyday Banking

February 20, 2024

Explore the best variety of TD credit cards, tailored to meet your unique needs. Compare, choose, and apply today for a card that matches your purchasing habits.

Compare Canada's best TD credit cards

The best TD credit cards in Canada for 2024

One of Canada’s big five banks, and the tenth-largest in North America, TD has some of the most popular credit cards on the market.

While the majority of TD’s credit cards are geared towards travel rewards, there is a TD credit card out there to meet almost every need including cash back and low interest. Below, let's take a look at the best TD credit cards in Canada.

Best overall TD credit card


3.5 Ratehub rated

Best for Aeroplan Points

First year reward

based on spending $2,200/mo after $139 annual fee

Earn rewards

1pt – 1.5pts / dollar earn rate

Welcome bonus

30,000 bonus points (a $600 value)

Anniversary bonus

10,000 pts (a $200 value)'s take

For frequent Aeroplan flyers who want a more straightforward, easy-to-use travel card, the TD® Aeroplan® Visa Infinite* Card is for you. With its partnership with Aeroplan, this co-branded credit card offers an array of perks and features tailored towards frequent flyers and is therefore considered the best airline travel credit card on the market.  


  • Welcome bonus: earn up to 30,000 Aeroplan points and no annual fee for the first year. Conditions apply. Account must be approved by March 4, 2024.
  • Anniversary bonus: earn 10,000 Aeroplan points when you spend $7,500 within 12 months of Account opening. Conditions apply. Account must be approved by March 4, 2024.
  • Point redemption and stacking: Aeroplan points can be redeemed for flights on Air Canada or over 27 Star Alliance member airlines (including United Airlines and Lufthansa, to name a few). Cardholders can get double the Aeroplan points when using this card in conjunction with your Aeroplan card at participating retailersa
  • Exclusive Air Canada perks: Free first bag checked for the primary cardholder and up to eight travel companions plus the ability to earn credits towards achieving elite airline status
  • Additional exclusive offers: Up to $100 in Nexus Membership reimbursements every 48 months
  • Comprehensive travel insurance benefits: Comprehensive travel insurance benefits with up to 21 days of out-of-province/country medical emergency coverage, flight delay insurance, lost/delayed baggage insurance, and even hotel/motel burglary insurance for stays within the US and Canada


  • Annual fee: The card's annual fee is $139 versus the typical $120 found on comparable rewards cards
  • Minimum income requirement: The minimum income requirement of $60,000 could pose a barrier to some users
  • Complex rewards program: The Aeroplan points program isn’t the most straightforward, and navigating your way around the program’s quite elaborate rewards chart / understanding how to best maximize points can require considerable effort. Aeroplan points can’t be redeemed on any airline but only on Air Canada and Star Alliance Members
  • No airport lounge access

Best premium TD credit card


First year reward

based on spending $2,200/mo after $599 annual fee

Earn rewards

1.25pts – 2pts / dollar earn rate

Welcome bonus

70,000 bonus points (a $1,400 value)

Anniversary bonus

30,000 pts (a $600 value)'s take

For those in search of a premium, high-performing card perfect for travel, the TD Aeroplan Visa Infinite Privilege should be on the radar. This card includes great rewards and an extensive insurance package making it a great travel companion. 


  • Welcome bonus: earn up to 70,000 Aeroplan points. Conditions apply. Account must be approved by January 3, 2024.
  • Anniversary bonus: earn 30,000 Aeroplan points. Conditions apply. Account must be approved by January 3, 2024.
  • Extensive travel insurance: Comprehensive travel insurance package including travel medical and trip cancellation/interruption
  • Wide array of travel perks: an annual round-trip companion pass from $99, free access to Air Canada’s Maple Leaf Lounges in Canada or the United States, priority airport check-in and baggage handling, and an annaul fee rebate for NEXUS can every 48 months (up to $100 CAD).


  • Annual fee: Steep annual fee of $599 can be too pricey for some users. However, the amount of perks and benefits offered make it well worth it for the right cardholder
  • Mostly suited for loyal Air Canada customers: Those who fly other airlines or want more flexibility may want to look elsewhere

Best TD credit card for travel


4.0 Ratehub rated

Best for Travel

First year reward

based on spending $2,200/mo after $139 annual fee

Earn rewards

2pts – 8pts / dollar earn rate

Welcome bonus

135,000 bonus points (a $675 value)'s take

The TD First Class Travel Visa Infinite is aimed at people whose airline of choice is Air Canada as well as savvy points collectors who know their way around a rewards chart. The card’s earn rate is eight TD Rewards points for every dollar spent on travel via the Expedia for TD website, and three points per dollar on all other purchases. Since one TD Rewards point equals $0.005, that translates to an impressive 4.5% return per dollar on travel spending and 1.5% on everything else.


  • Welcome bonus: earn up to $1,100 in value, including up to 135,000 TD Rewards Points and no annual fee for the first year. Conditions apply. Account must be approved by March 4, 2024.
  • Anniversary bonus: null
  • Point redemption system : You can redeem points in flat increments starting from just 200 points for $1. Points can also be redeemed on virtually any airline or hotel of your choice through Expedia for TD. 
  • Comprehensive travel insurance package: Travel insurance package includes (but not limited to) travel medical insurance (up to $2 million for the first 21 days), trip cancellation/interruption insurance (up to $1500 per person), common carrier insurance (up to $500,000), and delayed/lost baggage insurance (up to $1000 per person)


  • Income requirements: Minimum personal income of $60,00 and annual fee of 139 may be prohibitive to some users
  • Point system: Other cards of this level offer higher point value for categories like dining, entertainment, etc.
  • No complimentary airport lounge access (but there is a 20% discount on Priority Pass membership)
  • No waived foreign transaction fees: Users who intend to use the card for shopping abroad should be aware that this card does not waive foreign transaction fees (typically 2.5%)

Best no-fee TD credit card


3.0 Ratehub rated

Best for Travel

First year reward

based on spending $2,200/mo after $0 annual fee

Earn rewards

1pt – 4pts / dollar earn rate

Welcome bonus

15,152 bonus points (a $50 value)'s take

Understandably, some people don’t like paying an annual fee for their credit card. If you still want to earn travel points, then the TD Rewards Visa could be a good fit. It’ll give you a decent earnings rate for a no fee card and you’ll get access to the Expedia for TD online portal, where you can use one of the world’s largest travel platforms to earn and redeem points on hundreds of airlines. Since one TD point is valued at $0.005, that works out to 1.5%, 1% and 0.5% return per dollar respectively for each of the aforementioned spending categories.


  • No annual fee
  • Welcome bonus: earn a value of $50 in TD Rewards Points to use on eligible purchases, plus no annual fee. Conditions apply. Account must be approved by June 3, 2024.
  • Strong earn rates: Four TD points per dollar (1.5% return) is one of the strongest earn rates on travel spending for a no fee card.
  • Flexible point redemption: Access to Expedia for TD for travel booking as you can redeem points flexibly from almost any airline without having to worry about seat restrictions or black-out dates. You can also redeem points on using Shop with Points
  • Exclusive offers: You receive a discount on Priority Pass memberships, Avis and Budget Rent-A-Car locations, extended warranty, mobile device insurance of up to $1000 and purchase security. 


  • Low spending cap: For groceries, restaurants, fast food and recurring bills there is a spending cap of $5,000 annually, which is considered quite low. Once this cap is reached the point earn value goes down to one point per dollar

Best cash back TD credit card


Best for Household spending

First year reward

based on spending $2,200/mo after $139 annual fee

Earn rewards

1% – 3% earn rate

Welcome bonus

$500's take

The TD Cash Back Visa Infinite Card is one of the best cash back credit cards in Canada due in large part to its welcome bonus, which gives new users the opportunity to earn up to $500 in value, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500. Conditions apply. Account must be approved by March 4, 2024.


  • Welcome bonus: earn up to $500 in value, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500. Conditions apply. Account must be approved by March 4, 2024.
  • High earn rate: Strong earn rate of 3% cash back on gas, groceries and recurring bills and 1% on all other purchases 
  • Additional perks: Complimentary roadside assistance through Deluxe TD Auto Club membership, discounts at Avis and Budget Rent-A-Car locations
  • Insurance inclusion: This card includes travel medical and delayed/lost baggage insurance, which is quite uncommon for non-travel cards. Addition insurance includes purchase security and extended warranty protection.


  • Cap on key spending categories: $15,000 yearly spending cap for gas, groceries and recurring bills - after which the rate drops to 1%. Big spenders in these categories may want to consider partnering this card with one that offers non-capped rates
  • Income requirements: $60,000 minimum personal income requirement may pose a hurdle for some users

Cards summary (+/-)

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TD All-Inclusive Banking Plan

What makes TD credit cards particularly appealing is that TD will waive the annual fee on many of its premium cards if you also have a TD All-Inclusive Banking Plan. The caveat is that you’ll need to maintain $5,000 in your chequing account at all times to avoid the monthly account fee, but if that’s within your financial means, you could essentially have both a premium card and bank account for free. Even without an All-Inclusive account and when paying an annual fee however, TD cards do deliver great value.

TD Mobile Payment

For TD EasyWeb customers with an Android device, TD Mobile Payment can make daily purchases easier and more efficient.

At the counter, simply open the TD app on your phone, select which credit card you want to use (or set one card as a default) and hold it over the point of sale terminal for a few seconds to complete the transaction. It's a much quicker way to pay without having to worry about keeping track of physical cards in your wallet.

More on TD Bank

The Toronto-Dominion Bank is the second largest bank in Canada as measured by assets and market capitalization, and is the sixth largest bank in North America. In 1955, two banks (Bank of Toronto and Dominion Bank) merged to become Toronto-Dominion Bank – more commonly known today as TD Bank. TD Bank employs approximately 85,000 employees who serve over 22 million clients worldwide. In Canada, TD Bank serves 11 million customers at over 1,150 branches.


How much is a TD Rewards point worth?

How much is an Aeroplan point worth?

Natasha Macmillan, Business Director of Everyday Banking

With over a decade of experience in the finance industry, Natasha works closely with Canada's top financial institutions - from banks to credit unions - to help's 1,200,000 monthly users get matched with the right banking products. read full bio

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