The Value of a TD Reward Point



The dollar value of 1 TD Reward point is
$0.005

Dollar value of 1 point Flexibility of points Can points cover taxes and fees?
$0.005 Very Strong Yes

When using Expedia for TD, TD rewards points are worth $0.005 each, and must be redeemed in increments of 10,000 at a value of $50 per 10,000 points. Ratehub.ca has calculated the value of a TD Reward point below when you book via Expedia For TD. The redemption value will change if you redeem for Cash or if you use the Book Any Way option.

10000 TD reward points ÷ $50.00 value of
10,000 points =
$0.005 value per point

Overall Flexibilty: Very Strong

Taxes and fees covered? Consistent value? Transferable to/from other rewards programs?
Yes Yes No
Yes, TD Reward points can be used to cover the full cost of taxes and fees Yes, TD rewards points are worth $0.005 each, and must be redeemed in increments of 10,000, at a value of $50 per 10,000 points. No, you cannot currently transfer TD points to other reward programs
More than one airline involved in program? Can the points be used retroactively? Expiration date on points?
Yes Yes No
Yes, you can book with any airline and pay for it using your TD Rewards points Yes, the points can be redeemed for up to 90 days after booking using your TD credit card No, TD Points do not expire while your account is open.
If you close your TD Account, you’ll have 90 days from the date of closure to redeem your TD Points for travel already charged to your account.

The TD Rewards program has become one of the most flexible travel rewards programs in Canada. The TD Rewards program offers great flexibility as you have the option of booking through any provider with the “Book Any Way” option.

After you book travel on your credit card, you have 90 days to redeem points towards that travel booking and receive a full credit. Using this option you can redeem points towards the travel purchase online or over the phone by speaking to a TD rewards travel specialist. The TD rewards program also has a full service online travel agency, where you can use points to book travel.

TD Reward points can also be used to purchase a variety of merchandise, such as electronics, gift cards and appliances, however, when using your rewards for merchandise you will receive less value per point than if you were to use the points to book travel.

The Expedia for TD partnership adds to the flexibility of the program, allowing you to choose convenient flights, with the additional bonus of receiving 9 reward points for every dollar spent on Expedia travel.

TD Points can be used to cover taxes and fees.

Best Way to Use Your TD Rewards Points

The best way to maximize your TD Rewards is to use the TD First Class Travel Visa Infinite for travel purchases online through Expedia for TD. Using this method you will receive 9 points per dollar spent, plus, you can redeem the points you have earned against the purchase you have just made. As another added bonus, you receive an extra 1,000 TD Points when you use Expedia for TD to book travel (this offer is time-limited and may be changed).

Example 1: Book a $1,000 trip booked through Expedia for TD

Step 1: Calculate TD Points earned from booking trip
$1,000.00 trip cost 9 TD points
per dollar 1000 bonus TD points =
10000 TD points
Step 2: Calculate dollar value of points
10000 total TD points $0.005 value per point =
$50.00 dollar value of points
Step 4: Calculate your new cost of trip
$1,000.00 trip cost $50.00 dollar value of points =
$950.00 new cost of trip

Example 2: Book a $1,000 trip booked through a third party website (Kayak)

Step 1: Calculate TD Points earned from booking trip
$1,000.00 trip cost 3 TD points
per dollar =
3000 TD points
Step 2: Calculate dollar value of points
3000 total TD points $0.005 value per point =
$15.00 dollar value of points
Step 4: Calculate your new cost of trip
$1,000.00 trip cost $15.00 dollar value of points =
$985.00 new cost of trip

View Other Points Programs