td travel infinite card review

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By Winston Sih  and  Courtney Reilly-Larke on March 31, 2022 Estimated reading time: 6 minutes

TD First Class Travel Visa Infinite Card review

This premium TD card lets travellers redeem flexible rewards through a partnership with Expedia.

With a plethora of travel-focused credit cards on the market, the TD First Class Travel Visa Infinite Card may not be the obvious choice—especially considering how many Aeroplan cards TD currently has on its roster. That said, the TD First Class Travel Visa Infinite Card is worth considering. Why? It boasts a flexible redemption program and a partnership with Expedia. Cardholders get access to Expedia For TD online portal to redeem rewards for flights, hotels and car rentals on expediafortd.com. 

Add to that comprehensive insurance coverage and generous earn rates and the TD First Class Travel Visa Infinite Card becomes a solid choice for avid travellers.

TD First Class Travel Visa Infinite Card

• Annual fee: $139 (annual fee rebate—conditions apply to qualify)
• Earn rates: Up to 8 TD Rewards points per $1 on travel; 6 points per $1 on groceries and restaurants; 4 points per $1 on recurring bills; and 2 points per $1 on all other purchases
• Welcome offer: You can earn up to $800 in value, including up to 100,000 TD Rewards Points and no Annual Fee for the first year. Conditions apply. Account must be approved by June 3, 2024. Plus, you get an annual birthday bonus of 10% of your previous year’s points (up to 10,000 points).
• Annual income requirement: Personal income of $60,000 or household income of $100,000
• Point value: 1 TD Rewards point = $0.005 when redeemed for travel via Expedia For TD or $0.004 when redeemed through other providers and websites
• Recommended credit score for approval: 725 or higher
• Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers

The TD First Class Travel Visa Infinite Card

• Three things you need to know about the TD First Class Travel Visa Infinite Card
• How to redeem your TD Rewards
• What are the best ways to benefit from this card?

Are there any drawbacks to the TD First Class Travel Visa Infinite Card?

4 things to know about the td first class travel visa infinite card, 1. the you earn points under the td rewards program.

T he TD points system is easier to understand than the point system for the bank ’ s Aeroplan credit cards. Your Point values stay the same no matter where you ’ re flying, so it ’ s easy to work out how much they ’ re worth. Plus, TD Points can be redeemed on any airline, not just Air Canada or Star Alliance Partners. While Aeroplan Miles are valuable, if you prefer simplicity the TD First Class Travel Visa Infinite Card might be more up your alley.

2. Your points go farther when you book with ExpediaForTD.com

If you already use Expedia to book your travel, this card is a savvy choice. When you book travel online through Expedia For TD, you earn 8 TD points per $1. 

3. The card comes with a generous welcome bonus

You can earn up to $800 in value, including up to 100,000 TD Rewards Points and no Annual Fee for the first year. Conditions apply. Account must be approved by June 3, 2024..  Plus, earn a birthday bonus of up to 10,000 rewards points (conditions apply). You can also receive a $100 TD travel credit when you spend at least $500 at Expedia for TD. 

4. You’ll get great travel insurance

The TD First Class Travel Visa Infinite Card comes with up to $2 million of travel medical insurance coverage for the first 21 days of a trip. Trip cancellation, trip interruption, common carrier travel accident insurance, travel assistance services, flight delay insurance, auto rental collision insurance, and delayed and lost baggage insurance round out the card’s benefits. For a premium rewards card, The TD First Class ’ s insurance is fairly standard, however; so, if you ’ re looking for more comprehensive credit card insurance , you could consider a card like the National Bank World Elite Mastercard, * which comes with up to $5 million in out-of-province-of-residence medical/hospital insurance for trips up to 60 days (if you ’ re under 54).

How to redeem your TD Points:

You can redeem your TD Points for travel in two ways. The best—and most valuable—way is through the Expedia For TD online portal, where you can redeem 200 TD points per $1 in travel credit (0.5%) and pay the balance of the cost (if any) using your credit card (you’ll also earn Points on this spend).

Your other redemption choice is the “Book Any Way” option, which lets you book via other travel websites; however, your bookings can cost up to 25% more if you go this route. When using “Book Any Way” you’ll redeem at 250 TD points per $1 (0.4%) applied as a statement credit on your first $1,200 in travel purchases and 200 TD points per $1 (0.5%) for your travel purchases over $1,200. In comparison, with Expedia For TD, you’ll get a better and more consistent return of 0.5% on all your travel spending. 

In both cases, the TD First Class Travel Visa Infinite Card allows you to redeem for any seat on any airline. Additionally, you can redeem points for rewards in small increments (minimum 200), so this means you don’t need to build up a large pool of points before you’re able to apply them towards travel. 

Finally, through the TD Rewards site, you can shop for items such as a Vitamix blender, a Dyson vacuum or gift cards. However, you won’t get the same value as you would booking travel. For example, a $50 gift card at Best Buy will cost you 20,000 TD points, whereas you can use the same amount of points for $100 in travel on the Expedia For TD portal.

How to optimize the TD First Class Travel Visa Infinite Card

Ultimately, your best bet is to redeem points for travel from ExpediaForTD.com . Generally, prices on the website are similar to those on the main Expedia website, and you’ll be able to redeem at the rate of 200 points per $1. If you redeem points for travel outside of the TD portal, your points can lose up to 25% in value; however this could be a smarter route if you find a really good deal on another travel portal. 

If you do find a better hotel or flight deal elsewhere, you have the option to price match, but there are some restrictions: you must have booked within the last 24 hours; your travel plans must be at least 48 hours away; and travel dates, and flight and hotel classes must all be the same to submit a claim.

Does the TD First Class Travel Visa Infinite Card have travel insurance?

With this card you’ll get an extensive suite of travel insurance coverage, for big and small emergencies. For frequent travellers and those who cross the border often, this is a must. The card includes travel medical insurance of up to $2 million of coverage for the first 21 days. (If you or your spouse are over 65 or older, you’re only covered for the first four days of your trip.) You’ll also get up to $1,500 of trip cancellation insurance with this card up to a maximum of $5,000 for all insured persons. For trip interruption insurance, you get $5,000 per insured person, up to $25,000 for all the insured people on the same trip.

You’ll also get common carrier travel accident insurance, emergency travel assistant services and delayed/lost baggage insurance (up to $1,000 per insured person if your baggage is delayed for more than six hours or gets lost ultimately).

There is a minimum personal income requirement of $60,000 or a household income of $100,000. However, this is a common requirement for many cards in the same category. 

Other cards offer more incentive to spend in categories like groceries, dining and entertainment. The TD First Class Travel Visa Infinite Card only offers three times the Points earn on travel booked through the Expedia For TD portal (4.5%)—everything else is at the base three TD points per $1 (1.5%) rate. To compare, the Scotiabank Gold American Express has a five-times Points accelerator on restaurants and groceries (5% per dollar).

Finally, the TD First Class Travel Visa Infinite Card doesn’t offer airport lounge access , and you’ll be charged foreign transaction fees . So, if you like to use airport lounges, or you often find yourself shopping in a foreign currency, you may want to consider a card that offers those perks. 

Bottom line

TD’s unique partnership with Expedia, accelerated earn rates and incremental points redemption structure make the TD First Class Travel Visa Infinite Card a worthwhile consideration as a travel credit card . However, the biggest boost in earning points you’ll get with this card is by booking with ExpediaForTD.com. If you don’t want to be locked into booking that way, you may want to explore other travel card options.

More on  credit cards :

• Canada’s best travel cards 2022
• Canada’s best credit cards for gas
• Canada’s best credit cards for grocery purchases 2022
• Best cash back credit cards

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One of the TD First Class Infinite VISA Benefits List include : “ Earn 3 points per $1 on everything spent “ Could you clarify why on my recent Bill Statement, showed $5 earned for 1,178 points Wouldn’t 1,178 points translate into 1178 divided by 3 ?

I have this card, but rarely use except for buying something on a trip to get the insurance coverage. The issue I have is I like to book my travel through web sites like tripcentral.ca (better for packages), VRBO (for condo rentals) and booking.com (much better selection), so only end up rarely using Expedia for TD and end up getting 1.2% back on my purchases, unless I want to wait until I have over $1,200 of points and then buy a major trip, getting 1.5% on the part over $1,200.

So, its pretty good and the insurance is good, but its not as great for travel as they like to claim.

I have had this card for about 2 years now and I am so dessapointed with it. I will stop using it from now on and I will tell everybody I know NOT to get this card or anything related to TD Bank. I changed to this card because they assured me I have full trip coverage with it so I booked my last vacation with it and considering that I did not get what I wanted on my trip they will take some responsibilities and give me some refund after my claim was with them for 8 months. They kept asking me for documents that I provided every time they asked and at the end they kept asking for documents I already submitted three times before. TD is a disgrace for Canadians. I wish the government take actions and do a deep audit on these guys. I will slowly withdraw everything I have with TD to go to another bank. Anything is better than this. Please people, do not do anything with this bank and definitely nothing with this credit card. I am been having issues with this bank since 2008 and it’s time to move on to a better service.

This is the all lying I have issues with that I lost my luggage on my way back home and my flight cut and delayed for 5 months they don’t cover anything’s this massage is for the Visa highly in-charge manager if you guys don’t find me solution I have to take legal step and say bye to TD my whole family since they denied my claim it’s really really broke my heart. I was really trust them never ever again.

I want to redeem my points from my business travel which I have accumulated as I switched to the rewards cash card now .How do I do this June 15,2022

This card is excellent and works well if you are looking to use it for travel specifically. I find it comes in handy when even needing a car rental or a hotel stay on the fly.

We have this card and use it often, we had enough points to use it for 5 hotels on our roadtrip last spring (booked them through expedia). I guess it all depends on what you plan to do. We often go on little roadtrips to Canmore, Banff or Jasper and use it to stay there as well so it really saves us for accommodations. Also not having to get separate car insurance for rental cars is a big plus.

I just got back from Cuba. Unfortunately my flight from Ottawa to Cuba was delayed by 4 hours. And from Cuba to Ottawa for 14 hours. I want to be reimbursed because I bought a ride on my The TD First Class Travel Visa Infinite. Please give me the contact information to whom to apply for compensation. Thank you,

I have First Travel Visa card. My trip is more than 21 days. How can I get travel insurance for the days after first 21 days?

This is incorrect. the $100 travel credit is only for hotels and vacation rentals ALONG with flights. Not if your travel consists only of flights. It is a Hotel credit and NOT a travel flight credit. Beware! This credit card is absolutely useless.

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• $139 annual fee – First year free
• Earn 20,000 TD Rewards points after your first purchase
• 80,000 additional points when you spend $5,000 in the first 180 days
• Annual $100 travel credit (accommodations & vacation packages)
• Birthday bonus of up to 10,000 points
• Earn 8 points per $1 spent when you book on Expedia for TD
• Earn 6 points per $1 spent on groceries and dining
• Earn 4 points per $1 spent on recurring bills
• Earn 3 per $1 spent on all other purchases

Welcome bonus and earn rate

The TD First Class Visa Infinite Card is one of TD’s most popular cards. The welcome bonus is typically quite generous and hovers between 80,000 – 145,000 TD Rewards points. The welcome bonus is comparable to cards on my list of the best travel credit cards in Canada .

As for the earn rate, you’ll get 8 points per dollar spent on Expedia for TD purchases. 6 points per dollar spent on groceries and dining. 4 points per dollar spend on recurring bills and 3 points on all other purchases.

To give you some perspective, when using TD Rewards points on Expedia for TD purchases, 1 point is worth $0.50. That means the base earn rate gets you 1.5% back in travel rewards, which is quite good.

Although the card has an annual fee of $139, it’s usually waived for the first year. You can also get the annual fee waived every year if you have a TD All-inclusive bank account. 

Benefits and perks

If you’re reading my TD First Class Travel Visa Infinite Card review, then you’ll want to know about all the benefits. What’s interesting is that this card recently had an update and now comes with some pretty fun perks.

$100 annual travel credit

When you book accommodations or vacation packages on Expedia for TD worth at least $500, you’ll get a $100 credit back on your credit card. This is a pretty unique benefit that puts money back in your pocket, but it does not apply to all travel categories. In addition, this benefit only applies to individual bookings and is not cumulative.

10% birthday bonus

One unique perk is the birthday bonus worth up to 10,000 TD Rewards points. To earn this bonus, TD will give you 10% of the points you’ve earned in the year leading up to your birthday. Welcome bonuses don’t count. For example, if you earned 93,000 TD Rewards points in the year leading up to your birthday, you’d earn 9,300 extra TD Rewards points on your birthday.

Save on rental cars

Cardholders get at least 10% off the base rate when renting vehicles in Canada and the U.S at Avis or Budget and paying with your TD Aeroplan Visa Infinite Card. If you’re travelling internationally, you’ll save at least 5% at participating locations.

Travel insurance

• Travel medical – $2,000,000 for 21 days / 4 days if you’re 65 or older
• Trip cancellation – up to $1,500 per person / $5,000 total
• Trip interruption – up to $5,000 per person / $25,000 total
• Flight/trip delay insurance – $500 per person – 4 hours
• Delayed and lost baggage – up to $1,000 / 6 hours
• Auto rental collision/loss damage – 48 consecutive days / $65,000
• Hotel/motel burglary insurance – $2,500
• Common carrier travel accident – $500,000

The travel insurance included is competitive and comparable to my list of the best credit cards with travel insurance , but it does lack two major types of travel insurance.

The 21 days of travel medical insurance is pretty good, but like many other credit cards, it only gives 4 days if you’re 65 or older. You’ll obviously need more coverage if you fall into that age range.

Note that was this card, you only need to charge 75% of your trip costs for your flight/trip delay and hotel/motel burglary insurance to apply. However, for trip cancellation and auto rental collision, you need to charge 100% of the cost to your card.

Mobile device insurance

Many people aren’t aware that the TD First Class Travel Visa Infinite Card comes with mobile device insurance. When you charge at least 75% of the total device or monthly plan cost to your card, you’ll be insured for up to $1,000. That said, like other mobile device insurance plans, depreciation applies when making a claim. Both cellular phones and tablets count as mobile devices.

Purchase insurance

• Purchase security – 90 days
• Extended warranty – Up to 1 additional year

The purchase security insurance covers your good from theft, loss, and damage for 90 days. With extended warranty, you your warranty doubled up to one additional year.

Visa Infinite benefits

• Concierge service –  The Visa Infinite Concierge is available 24/7 and can help you secure concert tickets, make dinner reservations and more.
• Luxury Hotel Collection – You’ll get exclusive benefits such as resort credits and room upgrades when booking accommodations through the Visa Luxury Hotel Collection.
• Dining Series –  Get access to some culinary events, such as celebrity chef meetups and tasting menus.
• Wine Country program –  Your Visa Infinite Card gets you discounts and free wine tastings at participating wineries in British Columbia, Ontario and Sonoma Valley.
• Entertainment access –  Throughout the year, cardholders get invites and exclusive access to the Toronto International Film Festival.
• Troon Golf –  Troon Rewards Silver Status is given to cardholders. With your status, you’ll get 10% off green fees, merchandise and lessons.

How to redeem your points

TD Rewards allows you to book travel in multiple ways, giving you more options. Given the flexibility, many people love TD Rewards. However, your points will have a different value depending on how you redeem them.

Expedia for TD

Expedia for TD is TD’s main travel redemption option. 200 TD Rewards points get you $1 off Expedia for TD travel bookings. This essentially makes one TD Reward point worth .5 cents. Expedia for TD is nearly identical to Expedia.ca. That means you’ll get access to a large inventory of flights, hotels, car rentals, all-inclusive packages and attraction tickets.

To redeem TD Rewards points on Expedia for TD, you have to log in to TD Rewards and click on the Expedia for TD link. When you’re ready to pay, you’ll be given the option to use your TD Rewards points. Generally, Expedia has very competitive prices.

Booking on your own

TD Rewards points can also be used to offset travel expenses you charge directly to your TD First Class Travel Visa. The redemption rate is 250 points = $1 (or a value of .4 cents per point). That means you get 20% less value than using your points on Expedia for TD. That said, when you make a travel purchase on your own that’s more than $1,200 in value, any amount that’s $1,201 or above would have a redemption value of 200 points for $1.

Even though you get less value by booking on your own, there are a few reasons to consider this option. The first reason is that you are not restricted to what is available on Expedia for TD, so you can use points for bookings on Airbnb or booking.com. The second reason why booking on your own travel is handy is that most hotel chains will require that you book directly with them to enable loyalty membership status and perks.

TD First Class Travel Visa Infinite Card eligibility

• You’re a Canadian citizen, or you’re a permanent resident
• You’re at least the age of majority in the province or territory where you reside
• You have a minimum annual personal gross income of $60,000 or a household income of $100,000

As a Visa Infinite card, there are very specific eligibility requirements. Even though there’s no formal credit score requirement listed, you’ll likely need your credit score to be at least 700 to be approved. That’s because a credit score of at least that number would put you in good standing or higher.

How the TD First Class Visa Infinite compares

As a mid-tier travel rewards credit card, the TD First Class Travel Visa Infinite Card has a lot of competition. Not only does it compete with other bank credit cards, but there are also airline credit cards worth looking at too.

TD First Class Visa Infinite Card vs. Scotiabank Passport Visa Infinite Card

The Scotiabank Passport Visa Infinite Card is a very popular travel credit card since it gives you get six free annual airport lounge passes and has no foreign transaction fees. The earning rate of this card is similar to what TD offers. The overall insurance package offered by TD is slightly better.

TD First Class Visa Infinite Card vs. American Express Gold Rewards Card

Another great mid-tier travel card is the American Express Gold Rewards Card . Although the card has an annual fee of $250, you get an annual $100 travel credit and a Priority Pass Membership with four free annual Plaza Premium airport lounge passes. What makes this card stand out is the fact that you earn American Express Membership Rewards points. These points can be transferred to Aeroplan at a 1:1 ratio.

TD First Class Visa Infinite Card vs. TD Aeroplan Visa Infinite Card

If your goal is to travel for less, then the TD Aeroplan Visa Infinite Card should also be considered. With this card, you’ll earn Aeroplan points on all eligible purchases. This is relevant because Aeroplan is Air Canada’s loyalty program and one point can easily be worth between 1.5 – 2 cents each. In addition, by having this card, you get your first checked bag free and preferred pricing on Aeroplan redemptions.

Final thoughts

My TD First Class Travel Visa Infinite Card review is positive. It’s an ideal card for people in the following situations:

• You want to save on travel – TD Rewards points are highly flexible and best used via Expedia for TD.
• You bank with TD – If you have an All-Inclusive Banking Plan, the annual fee is waived for this card.
• You want insurance – The included travel and purchase insurance with this card is excellent.

Although Expedia for TD may not be the best rewards program out there, it’s easy to understand and there are no blackout dates. Plus, the overall insurance package you get with this card is excellent. That said, the earn rate for this card is not as good as other cards out there.

About Barry Choi

Barry Choi is a Toronto-based personal finance and travel expert who frequently makes media appearances. His blog Money We Have is one of Canada’s most trusted sources when it comes to money and travel. You can find him on Twitter: @barrychoi

Hi Barry! Thanks for another great post. I currently use the AMEX cobalt as my everyday card and wanted to get a supplementary card to use when AMEX is not accepted. I currently have an All-Inclusive banking plan with TD, which would waive the annual fee for the TD First Class Travel Visa Infinite Card & the TD Aeroplan Visa Infinite Card. Which one would you recommend between the two?

Hey Sylvia.

It sort of depends on your goals. If you got the TD Aeroplan VI card, you could pool the points with your Cobalt since those points can be converted to Aeroplan. The TDFCTVI is good if need to make non-Aeroplan bookings such as car rentals or hotel bookings.

You state the following: “Note that was this card, you only need to charge 75% of your trip costs for your travel insurance to be valid.” However, my review of the wording indicates that under Trip Cancellation, you must charge the full cost of your trip to the card to get coverage. This is under the definition of Covered Trip.

You’re right. the 75% only applies to hotel/motel burglary and trip delay.

Calculating rewards with the new and improved TD First Class Travel makes it a good competitor to the Aeroplan card. I feel like it’s hard to get a good value with Aeroplan (2 cpp). More than often international travel gives around 1.4 cpp making the First Class card more valuable (if booking something via Expedia to get the $100 credit that is. Am I missing something? Would the Aventura or RBC Avion otherwise be better?

Hey Philippe,

I haven’t had too much trouble finding Aeroplan value between 1.8 – 2 CPP. Then again, I booked most of my travel before there was crazy demand.

Aventura and Avion both have a fixed travel program where you can get a higher CPP, but I personally find Aeroplan to be more valuable. I typically try to collect American Express Membership Rewards points and then transfer them to whatever program gives me good value when I need to make a redemption.

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TD First Class Travel® Visa Infinite* Card

• Annual Fee $139
• Interest: Purchases 20.99%
• Interest: Cash Advances 22.99%
• Additional Cardholder 2 $50

$50  for the first Additional Cardholder; $0  for subsequent Additional Cardholders.

• $60,000 personal or $100,000 household annual income.
• You are a Canadian resident and are of the age of majority in your province/territory of residence

Limited Time Offer

Earn up to  $800  in value 18  including up to 100,000 TD Rewards Points, no Annual Fee for the first year 1  and additional travel benefits. Conditions Apply. Account must be approved by June 3, 2024.

• Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card 1 .
• Earn 80,000 TD Rewards Points when you spend $5,000 within 180 days of Account opening 1 .
• Earn a Birthday Bonus of up to 10,000 TD Rewards Points 22 .
• Get an annual TD Travel Credit 23  of $100 when you book at Expedia ®  For TD.
• Get an Annual Fee Rebate for the first year 1 .  

To receive the first-year annual fee rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the first Additional Cardholder first-year annual fee rebate, you must add your first Additional Cardholder by June 4, 2024.

At a glance

Earn TD Reward Points on all the things you normally do, whether you use your Card for groceries, dining, paying bills or booking travel. The rewards will add up quickly so you can enhance your travel experience or enjoy a wide variety of rewards.

Your Card also allows you to enjoy:

• An annual TD Travel Credit  23  of $100 when you book at Expedia ®  For TD.
• TD Rewards Birthday bonus 22  that helps you celebrate in style.
• An extensive suite of travel insurance coverages which helps you travel prepared.
• No travel blackouts 5 , no seat restrictions 5  and no expiry 25  for your TD Rewards Points as long as your account is open and in good standing.

Every Purchase Counts

Earn 8 TD Rewards Points 19

for every $1 you spend when you book travel through Expedia® For TD 6

Earn 6 TD Rewards Points

for every $1 you spend on Groceries and Restaurants 20

Earn 4 TD Rewards Points

for every $1 you spend on regularly recurring bill payments set up on your Account 20

Earn 2 TD Rewards Points

for every $1 you spend on other Purchases made using your Card 21  plus earn an annual  Birthday Bonus 22  of up to 10,000 TD Rewards Points

Recurring Bill Payments, Groceries and Restaurants (Yearly spend cap of $25,000 each)

† This chart is for illustrative purposes only. Welcome Bonus applies only in the first year.

†† Total TD Rewards Points and corresponding dollar value equivalent assumes no redemption of TD Rewards Points towards any travel purchases made during the year. Maximum dollar value of TD Rewards Points shown, only applies to TD Rewards Points redeemed for travel purchases charged to your Card and booked through Expedia For TD.

Credit Card Reward Perks

Use TD Rewards Points at Expedia For TD

Redeem your TD Rewards Points for your next trip at ExpediaForTD.com and get access to exclusive deals. Conditions apply.

Earn more at Starbucks

Link your eligible Card to earn 50% more TD Rewards Points and Stars. Redeem points for even more Stars. Conditions apply.

Use TD Rewards Points at Amazon.ca

Redeem your TD Rewards Points towards purchases at Amazon.ca with Amazon Shop with Points. Conditions apply.

Redeem your TD Rewards Points how you want, for what you want 

Every purchase you make with your TD Rewards Credit Card earns you TD Rewards Points. With the flexibility to choose how to redeem your TD Rewards Points for the rewards you want, you can use your points on everyday perks, eGift cards, education credits, cash credits or travel. Learn more .

More Card Benefits and Features

Td rewards program benefits.

TD First Class Travel Credit Card helps you earn big while you do all the things you normally do. And since you never slow down, the rewards can add up quickly. This lets you redeem for how and what you want with the flexibility to treat yourself with a wide variety of rewards options.

• Go Places on Points Your Points are worth more when you redeem through Expedia® For TD:  Search over a million flights, hotels, packages and more! When you’re ready to book, you can redeem 3  your TD Rewards Points towards your travel purchase right away. Or Book Any Way 3 :  You can also choose to book your trip through any other travel agency or website. This gives you the flexibility to use your TD Rewards Points towards all kinds of travel expenses – including excursions and taxes – within 90 days of your purchase.
• Shop online through TDRewards.com Redeem your TD Rewards Points for great deals on a wide selection of merchandise and gift cards.
• Financial Rewards Pay With Rewards:  Redeem TD Rewards Points to help pay down your credit card balance.

Travel Benefits

Explore the travel benefits and insurance coverages included with your Card:

• $100 TD Travel Credit 23 Each year, you will receive one  $100.00  TD Travel Credit on your first Eligible Travel Credit Purchase of $500.00 or more made with Expedia For TD and posted to the Account in a calendar year.
• Travel Medical Insurance 7 Up to $2 million of coverage for the first 21 days. If you or your spouse is aged 65 or older, you are covered for the first 4 days of your trip. Additional top-up coverage is available.
• Flight/Trip Delay Insurance 8 Up to $500 in coverage per insured person if your flight/trip is delayed for over 4 hours.
• Trip Cancellation/Trip Interruption Insurance 9 For Trip Cancellation, up to $1,500 of coverage per insured person, with a maximum of $5,000 for all insured persons, and for Trip Interruption, up to $5,000 of coverage per insured person, with a maximum of $25,000 for all insured persons on the same covered trip.
• Common Carrier Travel Accident Insurance 10 Up to $500,000 of coverage for covered losses while travelling on a common carrier (for example, a bus, ferry, plane, train, or auto rental)
• Emergency Travel Assistance Services 11 Help is just a call away. Toll-free access to help in the event of a personal emergency while travelling.
• Delayed and Lost Baggage Insurance 8 Up to $1,000 overall coverage per insured person toward the purchase of essentials such as clothes and toiletries if your baggage is delayed more than 6 hours or lost.
• Auto Rental Collision/Loss Damage Insurance 12 Coverage up to 48 consecutive days
• Check your TD credit card travel insurance benefits Learn about what travel insurance benefits are available on your TD credit card with our  Credit Card Travel Insurance Verification Tool .
• Hotel/Motel Burglary Insurance 24 Up to $2,500 of coverage per occurrence for eligible personal items stolen from your hotel or motel room that belong to each Cardholder on the Account and eligible family members travelling with the Cardholder.

Review the  Benefit Coverages Guide  for more details.

Additional Benefits & Features

• TD Payment Plans Easily turn purchases of $100 or more into manageable 6, 12 or 18 month Payment Plans. Conditions apply.  Learn more .
• Save with Avis Rent A Car and Budget Rent A Car Use your Canadian TD Credit Card to save a minimum of 10% off the lowest available base rates 13 , 14  in Canada and the U.S., and a minimum of 5% off the lowest available base rates 13 , 14  internationally, on qualifying car rentals at participating Avis and Budget locations.
• Use Apple Pay , Google Pay or Samsung Pay wherever contactless payments are accepted -  These Digital Wallets are accepted in a growing number of shops, restaurants, and other retailers, making it convenient and easy to use for everyday business payments with just a tap of your device.

Visa Infinite Benefits

• Complimentary Visa Infinite Concierge 26 : On-call 24 hours a day, seven days a week, the Visa Infinite Concierge can help with any Cardholder request — big or small, to help you get the most out of life whenever you travel, shop and use your Card. Call toll-free from Canada and the U.S.: 1-888-853-4458 From outside Canada and the U.S.: 1-630-350-4545
• Visa Infinite Luxury Hotel Collection 27 : Receive seven exclusive benefits when you book your stay through the Visa Infinite Luxury Hotel Collection featuring over 900 of the world’s most intriguing properties.
• Visa Infinite Dining Series 27 : As a Visa Infinite Cardholder, you have access to exclusive gourmet events that cater to your astute tastes. The Visa Infinite Dining Series serves up culinary explorations with prized chefs and acclaimed wines.
• Visa Infinite Wine Country Program 27 : Show your Visa Infinite card onsite and you can experience exclusive benefits at over 95 participating wineries in British Columbia, Ontario and Sonoma Valley including discounts on wine purchases, complimentary tastings, private vineyard tours and much more.
• Visa Infinite Entertainment Access 27 : Get exclusive access to tickets to curated events across Canada throughout the year. Visa Infinite Cardholders can also enjoy exclusive benefits, access and offers for the Toronto International Film Festival ®
• Visa Infinite Troon Golf 27 : Receive elevated Troon Rewards ®  Silver Status at over 95 courses and 10% off on green fees, merchandise and lessons at participating Troon Rewards golf courses.
• Mobile Device Insurance 24 Up to $1,000 of coverage in the event of loss, theft, accidental damage, or mechanical breakdown for eligible mobile devices.
• Chip & PIN technology: TD  Visa *  Cards with Chip and PIN technology provide an added level of security through the use of a Personal Identification Number (PIN). A required PIN makes it much more difficult for unauthorized users to copy or access the information on your TD Credit Card.
• Purchase Security and Extended Warranty Protection 15 : You automatically have access to Purchase Security and Extended Warranty Protection, covering most eligible new items you’ve purchased with your Canadian Credit Card, should they be stolen or damaged within 90 days of purchase. If the item comes with a manufacturer's warranty valid in Canada, you may be entitled to double the warranty period for up to 12 additional months.
• Visa Secure* Visa Secure provides you with increased security and convenience when you shop online.
• Instant Alerts. Added convenience, with TD Fraud Alerts: You can now automatically receive TD Fraud Alerts to your mobile phone any time we suspect suspicious activity on your TD First Class Travel ® Visa  Infinite * Card, or on any Additional Cardholder's card on your Account. Simply ensure that we have your current mobile phone number listed in your TD Customer Profile.  Learn more .
• Manage your credit card in the TD app Set transaction limits, block international purchases or lock your credit card.  Learn more .

Optional Benefits

• Optional TD Credit Card Payment Protection Plan 17 : Optional TD Credit Card Payment Protection Plan is designed to help you deal with your TD Credit Card payment obligations in the event of a covered Job Loss, Total Disability or loss of Life. To learn more about optional TD Credit Card Payment Protection Plan products, call  1-866-315-9069  or visit  tdcanadatrust.com/BP .
• Option to purchase TD Auto Club Membership 16  and be covered 24 hours a day for emergency roadside assistance services in case something goes wrong when you are out on the road.

Frequently asked questions

Why should you get a travel rewards credit card.

Do you love to travel? Then a travel rewards card may be perfect for you. These credit cards offer cardholders great value with travel Reward Points earned on eligible purchases that can later be redeemed to pay for flights and other travel related expenses. But, that’s just the start. The TD First Class Travel Visa Infinite* Card also lets you redeem TD Rewards Points on Amazon.ca with Shop with Points.

How do you earn TD Rewards Points?

Earn Points on your TD First Class Travel Visa Infinite Card with travel bookings, a meal at a restaurant, shopping and on everyday purchases. You can get started with welcome bonus TD Rewards Points if approved for this Card. In addition to earning 2 TD Rewards Points on every purchase, you can use this travel rewards card to make travel purchases through Expedia ®  for TD to earn 8 TD Rewards Points for each dollar spent. You can also earn 6 TD Rewards Points each for every dollar spent on grocery and restaurant purchases and earn 4 TD Rewards Points for every dollar spent in recurring bill payments. Your TD Rewards Points don’t expire as long as you are a TD First Class Travel Visa Infinite *  Cardholder.

How do you redeem TD Rewards Points?

Redeem your TD Rewards Points to book your next trip, for shopping and more. You can redeem your TD Rewards Points when you book travel online through Expedia for TD. This can help to make your travel more affordable. You can also use your TD First Class Travel Visa Infinite Card to book travel with any other travel provider. For shopping, you can redeem your TD Rewards Points for eligible products on Amazon.ca with Amazon Shop with Points or choose merchandise on TDRewards.com. You can also redeem TD Rewards Points to pay your credit card’s account balance on the TD app or EasyWeb.

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Annual interest rates, fees and features are current as of March 5, 2024 unless otherwise indicated and subject to change.

• $189: Annual Fee Rebate for the Primary ($139) and first Additional Cardholder ($50) for the first year;
• $100: TD Travel Credit on your first Eligible Travel Credit Purchase of $500 or more made through Expedia For TD;
• $50: TD Rewards Birthday Bonus equal to 10% of the number of TD Rewards Points earned while using the TD First Class Travel Visa Infinite* card over the 12 months preceding the Primary Cardholder’s birthday, up to a maximum of 10,000 TD Rewards Points (travel value at Expedia For TD of up to $50). Previously earned points on other Rewards Cards, Acquisition Bonus Points, or other Promotional Rewards Points earned do not count towards your Birthday Bonus;
• Welcome Bonus of 20,000 TD Rewards Points earned when you make your first Purchase with your Card (travel value at Expedia For TD of $100);
• Additional Bonus of 80,000 TD Rewards Points earned when you spend $5,000 within 180 days of Account opening (travel value at Expedia For TD of $400);

2  Primary Cardholder remains liable for all charges to the Account, including those made by any Additional Cardholder.

3  TD Rewards Points must be redeemed in minimum 200-point increments for travel Purchases charged to your Card that are booked online or by phone through Expedia For TD. For travel Purchases charged to your Card that are not booked through Expedia For TD, TD Rewards Points must be redeemed in minimum increments of 200 or 250 TD Rewards Points as fully explained in the TD Travel Rewards Program Terms and Conditions ("Travel Terms") contained in the TD Travel Credit Cardholder Agreement for your Card. The Travel Terms are available on tdcanadatrust.com/agreements. We can decrease the required minimum TD Point redemption increment at any time. To redeem TD Rewards Points for travel Purchases charged to your Card that are not booked through Expedia For TD, Cardholder must contact the TD Travel Rewards Program or visit www.tdrewards.com after the travel Purchase has been posted to the Account and within 90 days from the transaction date of the travel Purchase. The required TD Rewards Points will be redeemed from the TD Rewards Points balance available at the time the TD Rewards Points are redeemed for the travel Purchase, not the transaction date of the travel Purchase. The amount that will be credited toward the travel Purchase will be equal to the value of the TD Rewards Points redeemed. If there are insufficient TD Rewards Points available to cover the entire amount of the travel Purchase, the Account will only be credited by the value of the TD Rewards Points redeemed. Any amount of the travel Purchase not covered by the TD Rewards Points redeemed will remain on the Account for payment.

4  The Toronto-Dominion Bank and its affiliates are not liable or responsible for the products, goods or services offered or made available by third party retailers through tdrewards.com.

5  Subject to carrier/space availability.

6  Expedia For TD is operated by Expedia, Inc. at  ExpediaForTD.com and 1-877-222-6492 . The Toronto-Dominion Bank and its affiliates are not responsible for any of the services and products offered/provided by Expedia, Inc.

7  Underwritten by TD Life Insurance Company. Medical and claims assistance, claims payment and administrative services are provided by our Administrator. Benefits, features and coverages are subject to conditions, limitations and exclusions, including a pre-existing condition exclusion, that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement. The day of departure from and the day of return to your province or territory of residence each count as one full day. 21-day coverage if you're under 65 and 4-day coverage if you're 65 or older. Note that this insurance offers different benefits, with different terms and conditions, than the optional Travel Medical Insurance that may be medically underwritten and is available to all TD customers, which you may be eligible to top-up with.

8  Underwritten by TD Home and Auto Insurance Company. To be eligible for this coverage, at least 75% of your trip cost must be paid for using your TD Credit Card and/or associated TD Reward Points. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement.

9  Underwritten by TD Life Insurance Company (for medical covered causes) and TD Home and Auto Insurance Company (for non-medical covered causes). To be eligible for this insurance, your trip must be paid for in full using your TD Credit Card and/or TD Rewards Points. Benefits, features and coverages are subject to conditions, limitations and exclusions, including a pre-existing condition exclusion, that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement. Note that this insurance offers different benefits, with different terms and conditions, than the optional Trip Cancellation and Trip Interruption Insurance that is available to all TD customers.

10  Underwritten by TD Life Insurance Company. To be eligible for this coverage, your trip must be paid for in full using your TD Credit Card and/or TD Rewards Points. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement.

11  Provided by our Administrator under a service agreement with TD Life Insurance Company. This is not an insurance benefit but assistance services only.

12  Underwritten by TD Home and Auto Insurance Company. Car rentals must be charged in full to the Card and/or associated TD Rewards Points, cannot exceed 48 consecutive days and the rental agency's Collision Damage Waiver coverage must be declined by the Cardholder. Refer to Auto Rental Collision/Loss Damage Insurance section of your TD Credit Cardholder Agreement for rental exclusions and further details.

13  Provided by Avis Rent A Car System ULC. Minimum discount offer subject to discount code and to terms and conditions which may change without notice. Blackout dates may apply. Base rate refers to time and kilometer/mile charges only. Taxes, fees and surcharges are extra. The Toronto-Dominion Bank is not responsible for any vehicles, services, discounts or other offers made available by Avis Rent A Car System ULC.

14  Provided by Budget Rent A Car System, Inc. Minimum discount offer subject to discount code and to terms and conditions which may change without notice. Blackout dates may apply. Base rate refers to time and kilometer/mile charges only. Taxes, fees and surcharges are extra. The Toronto-Dominion Bank is not responsible for any vehicles, services, discounts or other offers made available by Budget Rent A Car System, Inc.

15  Underwritten by TD Home and Auto Insurance Company. To be eligible for this coverage, the item must be paid for in full using your TD Credit Card. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement.

16  TD Auto Club is provided by an independent third party service provider. The Toronto-Dominion Bank and its affiliates accept no responsibility or liability in respect of these services. Further details about the third party service provider can be found in your Membership Handbook at td.com/autoclub .

17  Life coverage is underwritten by American Bankers Life Assurance Company of Florida and Job Loss and Total Disability coverages are underwritten by American Bankers Insurance Company of Florida. The Toronto-Dominion Bank receives a fee from each insurer with respect to premium collection. Complete terms of coverage are in the Certificate of Insurance you will receive upon enrollment. Eligibility requirements, limitations and exclusions apply, and vary by benefit.

19  Earn 8 TD Rewards Points for every $1 in Purchases of travel made online through Expedia For TD or travel made by phone through Expedia For TD (“Phone Travel Purchases”) (“Online Travel Purchases”) and charged to your TD First Class Travel® Visa Infinite* Card Account (“Account”). Any returned items, refunds, rebates or other similar credits will reduce or cancel the TD Rewards Points earned on the original Online Travel Purchase. Fees, Cash Advances (including Balance Transfers, Cash-Like Transactions and TD Visa Cheques), interest charges, optional service, refunds, rebates or other similar credits do not earn TD Rewards Points. Other Conditions: Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

20  Earn 6 TD Rewards Points ( “Grocery Rebate" & "Restaurant Rebate” ) for every $1 in Purchases of groceries or grocery items (“ Grocery Purchases” ) and for every $1 in Purchases at restaurants including fast food restaurants (“ Restaurant Purchases ”). Earn 4 TD Rewards Points (“ PAP Rebate ”) on each $1 in payments made on a monthly or other regularly recurring basis for merchant bills, including insurance premiums, magazine/newspaper/online streaming subscriptions, membership fees and telecommunication fees, that are set up by the merchant with your consent to be automatically charged to your TD First Class Travel® Visa Infinite* Card (“ Account ”) and that are classified through the Visa network as “recurring payments” (“ Pre-Authorized Payments ”). Rebates are only available to a $25,000 maximum net annual spend (“ $25,000 Cap ”).  $25,000 Cap : Once the $25,000 Cap has been reached for either Grocery Purchases, Restaurant Purchases, or Pre-Authorized Payments then any further Grocery Purchases, Restaurant Purchases, or Pre-Authorized Payments made on the Account will earn TD Rewards Points at the standard rebate rate of 2 TD Rewards Point that applies to all other Purchases on the Account as set out in your TD Rewards Program Terms & Conditions (“ Standard Rebate ”).  Applicability of Grocery Rebate and Restaurant Rebate : Each of the Grocery Rebate and the Restaurant Rebate is in place of, and not in addition to, the Standard Rebate.  Merchant Category Codes : To earn the Grocery Rebate and/or the Restaurant Rebate, the Grocery Purchases and/or Restaurant Purchases must be made at merchants classified through the Visa network with a Merchant Category Code (“ MCC ”) that identifies them in the “grocery”, “restaurant” or “fast food” category. If you have questions about the MCC that applies to a Purchase, contact TD at 1-800-983-8472.  Other Conditions : Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

21  Earn 2 TD Rewards Point (“Standard Rebate”) on every $1 on all other Purchases (“Other Purchases”) charged to your TD First Class Travel® Visa Infinite* Card Account (“Account”). Any returned items, refunds, rebates or other similar credits will reduce or cancel the TD Rewards Points earned on the original Purchase. Fees, Cash Advances (including Balance Transfers, Cash-Like Transactions and TD Visa Cheques), interest charges, optional service, refunds, rebates or other similar credits do not earn TD Rewards Points. Other Conditions: Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

22  The TD Rewards Birthday Bonus applies only to the Primary Cardholder of a TD First Class Travel® Visa Infinite*Card. Each year, you will receive a TD Rewards Birthday Bonus (“Birthday Bonus”) on your TD First Class Travel® Visa Infinite* Account, equal to 10% of the total number of TD Rewards Points earned over the 12 months preceding the Primary Cardholder’s birthday, to a maximum Birthday Bonus of 10,000 TD Rewards Points. The TD Birthday Bonus is only calculated on points earned while using your current First Class Travel Account. This means that previously earned points on other Rewards Cards, Acquisition Bonus Points, or other Promotional Rewards Points earned do no count towards your Birthday Bonus. The account must be open & in good standing on the date points are awarded to qualify.

23  In order to receive the TD Travel Credit, the Account must be open, active and in Good Standing. An Eligible Travel Credit Purchase means:

• A Hotel, Motel, Lodging, or Vacation Rental Purchase of $500.00 CAD or more made with Expedia For TD; or • A Vacation Package Purchase of $500.00 CAD or more made with Expedia For TD, that includes a Hotel, Motel, Lodging or Vacation Rental booking packaged with a transportation booking. See your TD Rewards Program Terms and Conditions for more details.

24  Insurance coverages are underwritten by American Bankers Insurance Company of Florida (ABIC) under Group Policy TD102022. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificates of Insurance included with your TD Credit Cardholder Agreement. ABIC, its subsidiaries, and affiliates carry on business in Canada under the trade name of Assurant®.

®Assurant is a registered trademark of Assurant, Inc.

25  TD Reward Points do not expire as long as you are a Cardholder.

26  The goods and services Cardholders request or otherwise choose to obtain through the Visa Infinite Concierge Service are provided by various third-party service providers unrelated to Visa. Visa does not endorse, review or qualify these service providers. Visa makes no representations or warranties (either express or implied) about and assumes no responsibility or liability for these service providers or the goods and services that may be obtained through the Visa Infinite Concierge. Neither Visa nor TD are responsible for any claims or damages arising from the use of any benefits or services provided by a third party. Visa cannot guarantee the successful fulfillment of Cardholders’ requests in all instances. There is no fee for the Concierge’s services; however, Cardholders are responsible for the cost of any goods or services (including any related fees or costs) authorized by the Cardholder and purchased by the Visa Infinite Concierge on the Cardholder’s behalf. All costs will be charged directly to the Cardholder’s Visa Infinite card.

27  You must be an eligible Visa Infinite Cardholder with a valid Canada-issued Visa Infinite Card to take advantage of the Visa Infinite benefits and services. Certain benefits and services require enrollment. Offers and benefits are non-transferable, and discounts cannot be combined with any other offer or discount. Neither Visa nor the Issuer of the Card are responsible for any claims or damages arising from the use of any benefits or services provided by a third party. Visa reserves the right to modify or cancel offers or benefits at any time and without notice. All offers, benefits and services made available through Visa are subject to  complete terms and conditions , including third-party suppliers’ terms and conditions. The  Visa Infinite privacy policy  applies to all benefits and services that require enrollment through, or are otherwise provided by, the Visa Infinite Concierge or the Visa Infinite website. The collection use and disclosure of Cardholders’ personal information by third-party suppliers of services and benefits to Visa Infinite Cardholders are subject to such third parties’ own privacy policies.

® The TD logo and other trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

* Trademark of Visa International Service Association; Used under license.

© 2023 Expedia, Inc., an Expedia Group company. All rights reserved. Expedia and the Airplane Logo are trademarks or registered trademarks of Expedia, Inc.

Starbucks, the Starbucks logo, and other Starbucks trademarks, service marks, graphics, and logos used in connection with the Offer are trade names, trademarks or registered trademarks of Starbucks Corporation (collectively  “Starbucks Marks” ).

If you exceed your annual spend cap, you'll continue to earn TD Rewards Points at the standard base earn rate on all additional purchases made in that category.

TD First Class Travel ® Visa Infinite* Card   🇨🇦

• 2X points on all purchases
• Premium Insurance
• Visa Infinite Benefits

Earn up to $800 in value † , including up to 100,000 TD Rewards Points , no Annual Fee for the first year † and additional travel benefits. Conditions Apply. Account must be approved by June 3, 2024.

• Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card †
• Earn 80,000 TD Rewards Points when you spend $5,000 within 180 days of Account opening † .
• Earn a Birthday Bonus of up to 10,000 TD Rewards Points †
• Get an annual TD Travel Credit † of $100 when you book at Expedia® For TD.
• Get an annual fee rebate for the first year †

To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the first Additional Cardholder first-year annual fee rebate, you must add your first Additional Cardholder by June 4, 2024.

Earn TD Reward Points on all the things you normally do, whether you use your card for groceries, dining, paying bills or booking travel. The rewards will add up quickly so you can enhance your travel experience or enjoy a wide variety of rewards.

• Earn 8 TD Rewards Points † for every $1 you spend when you book travel through Expedia® For TD †
• Earn 6 TD Rewards Points † for every $1 you spend on Groceries and Restaurants
• Earn 4 TD Rewards Points † for every $1 you spend on regularly recurring bill payments set up on your Account
• Earn 2 TD Rewards Points for every $1 you spend on other Purchases made using your Card † plus earn an annual Birthday Bonus † of up to 10,000 TD Rewards Points

Your Card also allows you to enjoy:

• An extensive suite of travel insurance coverages which helps you travel prepared
• No travel blackouts † , no seat restrictions † and no expiry † for your TD Rewards Points as long as your account is open and in good standing.

Redeem your TD Rewards Points towards making purchases at Amazon.ca with Amazon Shop with Points. Conditions apply. See more details .

Card Awards

Fees & conditions.

Per dollar of purchases

Travel Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

With the TD First Class Travel® Visa Infinite* Card, you can earn up to 100,000 TD Points † and a first year annual fee rebate :

• Welcome Bonus of 20,000 TD Points when you make your first Purchase with your Card †
• A Birthday Bonus of up to 10,000 TD Rewards Points †
• Get an Annual Fee Rebate for the first year † .

With the TD First Class Travel® Visa Infinite* Card, you get:

• 8 TD Rewards Points † for every $1 you spend when you book travel through Expedia® For TD
• 6 TD Rewards Points † for every $1 you spend on Groceries and Restaurants
• 4 TD Rewards Points † for every $1 you spend on regularly recurring bill payments set up on your Account
• 2 TD Rewards Points † For every $1 you spend on other Purchases

This TD credit card is one of the best TD travel rewards cards.

• TD Best Credit Cards - April 2024
• Best Travel Credit Cards - April 2024
• Best Visa Credit Cards - April 2024
• Canada's Best Credit Card Offers - April 2024
• Expedia For TD: How To Redeem TD Rewards Points?

Alternative Cards

• Great Welcome Offer
• Air Canada Benefits
• NEXUS Credit
• Card Details

Earn up to $1,200 in value † , including up to 50,000 Aeroplan points † (enough for a round trip to New York City † ) and additional travel benefits. Account must be approved by June 3, 2024.

• Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card †
• Earn 20,000 Aeroplan points when you spend $6,000 within 180 days of Account opening †
• Plus, earn a one-time anniversary bonus of 20,000 Aeroplan points when you spend $10,000 within 12 months of Account opening †
• Enroll for NEXUS and once every 48 months get an application fee rebate †
• Plus, share free first checked bags with up to 8 travel companions †
• Earn 1.5 points † for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations ® ) made with your card
• Earn 1 point † for every $1 spent on all other Purchases made with your Card
• Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 170+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
• Your Aeroplan Points do not expire as long as you are a TD ® Aeroplan ® Visa Infinite* Cardholder in good standing.
• Earn big rewards on the little things : Earn 50% more Aeroplan Points and 50% more Stars at participating Starbucks ® stores. Simply link your TD Aeroplan Visa Infinite Card to your Starbucks ® Rewards account. Conditions apply.
• Earn Aeroplan Points on your everyday purchases
• Redeem your points for travel and more.
• Take advantage of an extensive suite of travel insurance † .
• Travel lightly through the airport and save on baggage fees † : Primary Cardholders, Additional Cardholders, and travel companions (up to eight) travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight.
• Complimentary Visa Infinite Concierge † : On-call 24 hours a day, seven days a week, the Visa Infinite Concierge can help with any Cardholder request — big or small, to help you get the most out of life whenever you travel, shop and use your Card.
• Visa Infinite Luxury Hotel Collection † : Receive seven exclusive benefits when you book your stay through the Visa Infinite Luxury Hotel Collection featuring over 900 of the world’s most intriguing properties.

† Terms and conditions apply.

• Primary card $139
• Additional card $75
• Individual $60,000
• Household $100,000
• Purchase Rates 20.99 % 20.99 % (QC)
• Cash Advance Rates 22.99 % 20.99 % (QC)
• Balance Transfer Rates 22.99 % 20.99 % (QC)
• Best Aeroplan Credit Cards - April 2024
• Groceries 1.5 Aeroplan Points
• Gas 1.5 Aeroplan Points
• Air Canada 1.5 Aeroplan Points
• Year 1 $1,425
• Year 2+ $425
• Annual Credit
• VIP Lounges
• Travel credit
• 4.5X points on grocery and restaurants purchases†
• Purchase Insurance

Earn up to $370 in value † , including up to 50,000 TD Rewards Points † and no Annual Fee for the first year † . Conditions apply. Account must be approved by September 3, 2024.

• Welcome Bonus of 15,000 TD Rewards Points when you make your first Purchase with your Card † .
• 35,000 TD Rewards Points when you spend $1,000 within 90 days of Account opening † .

To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by September 4, 2024.

• Earn 6 TD Rewards Points † for every $1 you spend when you book travel through Expedia ® For TD † .
• Earn 4.5 TD Rewards Points for every $1 you spend on Groceries and Restaurants † .
• Earn 3 TD Rewards Points for every $1 you spend on regularly recurring bill payments set up on your Account † .
• Earn 1.5 TD Rewards Points For every $1 you spend on other Purchases made using your Card † .
• Flexibility to redeem your TD Rewards Points on a wide variety of rewards at Expedia® For TD, Starbucks ® and more.
• Booking your travel through Expedia ® For TD † to maximize the TD Rewards Points you can earn on your travel purchases.
• Redeem your TD Rewards Points towards making purchases at Amazon.ca with Amazon Shop with Points. Conditions apply. See more details.

†Terms and conditions apply.

• Primary card $89
• Additional card $35
• Individual $0
• Household $0
• Groceries 4.5 TD Rewards Points
• Dining and Food delivery 4.5 TD Rewards Points
• Recurring Payments 3 TD Rewards Points
• Year 1 $647
• Year 2+ $219
• 3% cash back on groceries and gas

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 June 3, 2024.

• Bonus Eligible Purchases are Gas Purchases, Grocery Purchases & Pre-authorized payments, until a total collective spend of $3,500 of such purchases have been made † .

To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by June 4, 2024.

• Earn 3% in Cash Back Dollars on eligible grocery Purchases and gas Purchases † , and on regularly recurring bill payments † set up on your account
• Earn 1% Cash Back Dollars on all other Purchases made with your Card †
• Earn Cash Back Dollars on every eligible purchase.
• Redeem your Cash Back Dollars to help pay down your Account balance whenever you please – the choice is yours! †
• Your Cash Back Dollars never expire as long as your account is open and in good standing
• Emergency Road Services with Deluxe TD Auto Club Membership
• Complimentary Visa Infinite * Concierge service † available 24/7
• Mobile Device Insurance †
• Additional card $50
• Best Cash Back Credit Cards in Canada - April 2024
• Groceries 3 %
• Recurring Payments 3 %
• Year 1 $969
• Year 2+ $341

TD First Class Travel Visa Infinite Card Review for 2024

Last Updated on January 21, 2024

Written by Enoch Omololu

Snappy Rates is reader-supported. This means if you click on some of our links, we may earn a commission. This does not affect the objectivity of our evaluations. Read our disclosure .

If the topic is about the best travel credit cards in Canada , the TD First Class Travel Visa Infinite card won’t be missed.

It’s ideal for travellers who often book their tickets through Expedia and want generous TD Reward Points for their daily purchases. 

This TD First Class Travel Visa Infinite Card review goes over the card’s main benefits and disadvantages, as well as its point redeeming and application processes.

TD First Class Travel Visa Infinite Card – Summary

Td first class travel visa infinite card.

Rewards : Earn up to 9 TD Points for every $1 spent.

Interest rates: 19.99% for purchases, 22.99% for cash advances.

Annual fee: $120

Recommended credit score:

Good to Excellent

On TD’s website

• Earn 9 TD Points for every $1 spent on travel purchases through Expedia for TD.
• Earn 3 TD Points for every $1 spent on all other purchases.
• No limits to how many points you can earn. Points don’t expire as long as your account is open and in good standing.
• Redeem points for travel at ExpediaForTD.com, purchases at Amazon.ca, statement credits, and more.
• Earn 50% more Stars at participating Starbucks.
• Comprehensive travel insurance includes travel medical, trip cancellation/interruption, common carrier travel accident, and delayed and lost baggage insurance.
• Receive a discount on an annual Priority Pass membership.
• Auto rental collision/loss damage insurance, along with purchase security and extended warranty protection, are included.
• Get savings of up to 10% off at Avis and Budget car rental locations.
• A minimum personal income of $60,000 or household income of $150,000 is required to apply.

Earn unlimited TD Points on everyday purchases

Flexible points redemption options

Comprehensive travel insurance

High income requirement

No travel benefits besides insurance

$120 annual fee

The TD First Class Travel Visa Infinite Card is a top choice if you want to earn points that can be flexibly redeemed for travel, cash back, and more. There’s no limit to the number of points that you can earn.

Benefits Of The TD First Class Travel Visa Infinite Card

Below are the top TD First Class Travel Visa Infinite card benefits.

Earn TD Rewards Points

This credit card offers generous TD Reward Points for your travel and everyday purchases.

When booking through Expedia, you can earn 8 TD Rewards Points per dollar you spend.

For other spending categories, use the table below to know how many Rewards Points you can earn.

Note: Each year, only the first $25,000 you spend on recurring bill payments, as well as grocery and restaurant purchases, will earn TD Rewards Points at their original rate. However, there is no limit on the amount of TD Rewards Points you can earn on all other purchases.

Birthday Bonus

On your birthday, your Travel Visa Infinite Account will receive bonus Rewards Points equal to 10% of the total points you’ve accumulated for the past 12 months. The maximum birthday bonus you can get is 10,000 TD Rewards Points.

Travel-Exclusive Benefits And Insurance 

As a travel rewards card, the TD First Class Travel Visa Infinite card offers many travel-exclusive benefits. The most notable ones are listed below.

Receive up to $2 million in medical insurance during the first 3 weeks of travel away from your territory or province of residence. Seniors 65 years old and older only get 4-day coverage.

Receive up to $500 trip/delay insurance per person if the trip or flight you booked through the TD First Class Travel Visa Infinite card is delayed for over 4 hours.

The TD First Class Travel Visa Infinite card car rental insurance gives you insurance coverage for unexpected collisions or loss damage to the cars you rent for a maximum of 48 continuous days.

Visa-Infinite Benefits

As part of Visa Infinite cards, this TD credit card allows you to enjoy various Visa Infinite benefits, including access to exclusive gourmet events, luxury hotel benefits, and Toronto International Film Festival offers.

Top-level Security

TD prioritizes your security. Hence, when using TD Rewards credit cards, you’ll get extensive purchase security, extended warranty protection, and instant fraud alerts on your mobile phone.

You’ll also receive up to $1,000 insurance coverage for your mobile device and up to $2,500 in case of a motel/hotel burglary.

Downsides Of The TD First Class Travel Visa Infinite Card

Despite being one of the best credit cards for travel rewards, the TD First Class Travel Visa Infinite card has several downsides.

High-income requirement: To have this credit card, you must have a personal annual income of at least $60,000 or an annual household income of $100,000 or more.

The TD First Class Travel Visa Infinite card foreign transaction fee: Unlike many other best travel credit cards in Canada, this TD card doesn’t waive your foreign transaction fees.

A $139 annual fee: This credit card isn’t the most budget-friendly with its $130 annual fee.

How To Apply For The TD First Class Travel Visa Infinite Card

Canadian residents over the provincial age of majority can apply for this card as long as they have at least $60,000 annual personal income or at least $100,000 annual household income. Having a valid and working email address is also mandatory.

You may apply for this card online , via phone, or by visiting a local branch.

How To Redeem TD Points

The TD Rewards program allows you to earn Rewards Points whenever you make eligible purchases. You may then redeem your accumulated points in multiple ways, giving you flexibility and options.

Some of the most common ways to redeem TD points are redeeming:

• For gift cards
• At popular retailers like Amazon or Starbucks
• For a cash credit to reduce your TD credit card balance

Travellers also have the choice to redeem their Rewards Points through the Expedia for TD platform, which allows you to seamlessly use your points to pay for a portion or the entirety of your online travel purchases on Expedia.

TD First Class Travel Visa Infinite Card Alternatives

If you’re open to other credit card options, you may want to consider the alternatives below.

Scotiabank Passport Visa Infinite Card

Rewards : Earn up to 3x Scene+ points on groceries, dining, and entertainment.

Welcome offer : Earn up to 40,000 bonus Scene+ points in the first year (up to $400 towards travel).

Interest rates: 20.99% for purchases, 22.99% for cash advances

Annual fee: $150

Very Good to Excellent

On Scotiabank’s website

• Earn 3 Scene+ points for every $1 spent on groceries at participating retailers like Safeway, Sobeys, Foodland, and FreshCo (up to $50,000 annually).
• Earn 2 Scene+ points for every $1 spent on dining, other eligible grocery stores, and daily transit (up to $50,000 annually).
• Earn 1 Scene+ point for every $1 spent on all other purchases.
• Redeem Scene+ points for virtually anything, including travel, merchandise, dining, groceries, statement credits, and more.
• No foreign transac tion fees are charged on purchases outside of Canada.
• 6 complimentary airport lounge passes per year.
• Book and redeem travel through Scene+ Travel.
• Get a complimentary Avis Preferred Plus membership, which includes complimentary upgrades and discounts of up to 25% off.
• Visa Infinite benefits, like a 24/7 concierge service and guaranteed best hotel rates, are included.
• Insurance includes: travel emergency medical, trip cancellation/interruption, flight delay, delayed or lost baggage, travel accident, hotel/motel burglary, and rental car collision/loss damage insurance.
• Purchase security and extended warranty protection are included.
• A minimum income requirement of $60,000 personal or $100,000 household is required to be eligible.

No foreign transaction fees

6 free airport lounge visits per year

Flexible redemption options for Scene+ points

$50,000 spend cap on the 3x and 2x categories

High income requirement of $60,000 or $100,000

High annual fee

The Scotiabank Passport Visa Infinite Card is your travel companion wrapped up into a credit card. For a $150 annual fee, you don’t pay FX fees, get 6 complimentary airport lounge visits per year, an Avis Preferred Plus membership, various travel insurance benefits, and more on top of earning and redeeming Scene+ points.

Tangerine World Mastercard

Rewards : Earn 2% unlimited cash back in up to 3 spending categories of your choice, plus 0.50% on all other purchases.

Welcome offer : Get 15% cash back on up to $1,000 in the first 2 months ($150 value).

Interest rates: 19.95% for purchases, balance transfers, and cash advances.

Annual fee: $0

Fair to Excellent

On Tangerine’s website

• Earn 2% cash back on up to 3 spending categories of your choice with no limits.
• Earn unlimited 0.5% cash back on all other purchases outside those categories.
• Cash back is earned daily and paid out monthly.
• Promotional balance transfer interest rate of 1.95% for 6 months.
• Stay connected to over 1 million wifi hotspots with Boingo Wi-Fi for Mastercard.
• Receive a complimentary membership to Mastercard Travel Pass provided by DragonPass.
• Access on-demand and subscription services as a Tangerine Cardholder.
• $1,000 mobile device insurance and rental car collision/loss damage insurance are included.
• Purchase assurance and extended warranty benefits are included.
• No annual fee.
• Track and categorize your spending with the Tangerine mobile app.
• To be eligible, you must make a minimum of $60,000 personal or $100,000 household annual income.

Earn 2% cash back in up to 3 categories

No annual fee

Includes Mastercard travel benefits and mobile device insurance

High income requirement needed to qualify

No physical bank branches

No travel insurance included

The Tangerine World Mastercard requires a higher annual income but comes with more travel benefits and insurance coverage than the Money-Back Credit Card. The Mastercard Travel Rewards, Boingo Wi-Fi for Mastercard, and Mastercard Travel Pass make it worth applying for.

Scotiabank Gold American Express Card

Rewards : Earn up to 6x Scene+ points for every $1 spent.

Welcome offer : Earn up to 40,000 bonus Scene+ points in the first year, plus the first year annual fee waived.

Interest rates: 20.99% for purchases, 22.99% for cash advances.

• Earn 6 Scene+ points for every $1 spent at Sobeys, FreshCo, Safeway, Foodland, and other participating grocery stores.
• Earn 5 Scene+ points for every $1 spent on dining, food delivery, other grocery stores, and at Cineplex theatres and Cineplex.com.
• Earn 3 Scene+ points for every $1 spent on daily transit, gas, and select streaming services.
• Earn 1 Scene+ point for every $1 spent on everything else.
• Accelerated earn rates (6, 5, and 3 Scene+ points for every $1 spent) are capped at $50,000 annually.
• Redeem Scene+ points at participating grocery stores, restaurants, entertainment purchases, movie tickets, statement credits, and more.
• Pay no FX fees when travelling abroad.
• Access Amex Invites, Offers, and Front of the Line perks.
• Get a discount on the Priority Pass Membership.
• Access complimentary concierge services 24/7.
• Travel insurance includes: travel emergency medical, trip cancellation/interruption, flight delay, delayed or lost baggage, travel accident, hotel/motel burglary, and rental car collision/loss damage insurance.
• New mobile device insurance up to $1,000 is included.
• Purchase security and extended warranty benefits are included.
• Each supplementary card costs $29 yearly.
• Minimum credit limit: $5,000.
• The minimum personal income requirement is $12,000 per year.

High earn rate on groceries, dining, and Cineplex purchases

Comprehensive travel insurance included

Earn rates on most categories are capped at $50,000 per year

$120 annual fee + $29 for supplementary cardholders

$12,000 minimum personal income requirement

For a moderate $120 annual fee, the Scotiabank Gold American Express Card offers a high earning potential in categories like dining, groceries, and entertainment. It has a flexible redemption program and comprehensive travel insurance, plus no FX fees.

Marriott Bonvoy American Express Card

Rewards : Earn 5 points per $1 spent at Marriott Bonvoy hotels and 2 points per $1 spent on all other purchases.

Interest rates: 19.99% for purchases, 21.99% for cash advances.

On American Express’s website

• Earn 5x Marriott Bonvoy points on all eligible purchases at Marriott Bonvoy hotels.
• Earn 2x Marriott Bonvoy points on all other purchases.
• Existing Marriott Bonvoy members earn points twice when using this card.
• Redeem points for free hotel stays at over 30 hotel brands with no blackout dates.
• Transfer points to frequent flyer miles at various airlines.
• Receive one free hotel stay per year.
• Enjoy complimentary Marriott Bonvoy Silver Elite status.
• After spending $30,000 or paying for 10 hotel stays per year in combination with 15 Elite Credits, automatically upgrade to Gold Elite status.
• Receive 15 Elite Night Credits each year to attain the next level of Marriott Bonvoy status.
• Refer your friends and get up to 150,000 bonus points each year.
• Travel coverage includes flight delay, baggage delay, hotel burglary, lost or stolen baggage, and $500,000 travel accident insurance.
• Car rental damage and theft insurance are also included.
• Shop confidently with buyer’s assurance and purchase protection plans.
• Access American Express Experiences and Events.
• No minimum income is required to apply.

Earn 5x the points on Marriott Bonvoy hotels with no limits

Complimentary Silver Elite status that can be upgraded

Points can only be redeemed at Marriott Bonvoy hotels

Only 1 free hotel night per year

You must spend $30,000 to upgrade to Gold Elite status

For a $120 annual fee, the Marriott Bonvoy American Express Card comes with many travel perks and insurance benefits. This is the perfect card for those loyal to the Marriott Bonvoy program, as you earn an unlimited 5 points for every $1 spent at participating hotels.

American Express Cobalt Card

Rewards : Earn up to 5x Membership Rewards points on purchases.

Interest rates: 20.99% for purchases, 21.99% for cash advances.

Annual fee: $155.88 ($12.99 paid monthly)

On American Express’ website

• Earn 5x the points on eligible restaurants and food delivery in Canada (up to $30,000 annually).
• Earn 3x the points on streaming subscriptions in Canada.
• Earn 2x the points on travel and transit purchases.
• Earn 1x points on all other purchases.
• Earn 1 additional point on eligible car rental and hotel bookings through Amex Travel Online.
• Membership Rewards points can be redeemed for travel, merchandise, Amazon.ca purchases, gift cards, or statement credits.
• You can optionally transfer your points 1:1 to several frequent flyer and loyalty programs.
• New mobile device insurance is included.
• Receive regular perks with the Cobalt Perks program.
• Get one $100 USD hotel credit to use plus a one-category room upgrade when staying at eligible hotels.
• Out-of-province/country emergency medical, flight delay, baggage delay, hotel burglary, lost or stolen baggage, car rental theft and damage, and $250,000 travel accident insurance are included.
• Stay connected with American Express Front of the Line presales and reserved tickets, as well as American Express Experiences.
• No minimum income requirement.

High rewards rate on food and streaming subscriptions

Redeem your points for almost anything or transfer 1:1

Various travel insurance and shopping coverage included

$12.99 monthly fee

$30,000 annual spend cap on the 5x earn category

American Express isn’t accepted at some retailers

The American Express Cobalt Card offers high earn rates on restaurants, food delivery, and select streaming subscriptions in Canada. Points can be redeemed for almost anything, and it includes comprehensive travel and shopping coverage as well as a $100 USD annual hotel credit.

TD First Class Travel Visa Infinite Card: Conclusion

Overall, the TD First Class Travel Visa Infinite card stands out as a top-tier option not only among TD rewards credit cards but also compared to other banks’ offerings.

Despite the $139 annual fee, this card’s extensive range of benefits, tailored specifically for travellers, make it a worthwhile investment for optimizing travel experiences, safety, and Reward Points.

 TD First Class Travel Visa Infinite Card vs Alternative Cards

• CIBC Select Visa Card Review
• SimplyCash Card from American Express Review
• How to Get Out of Credit Card Debt
• Best Credit Cards to Build Your Credit

Bonuses & Deals for April

Free prepaid card with up to 5% cashback. No credit check & $20 bonus when you deposit $50 and complete first purchase.

Earn average of 5% unlimited cashback. No annual fees and $25 bonus.

Get a $100 cashback bonus in the first 2 months. No annual fee credit card.

No current offers for this category.

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Enoch Omololu

Enoch Omololu is a personal finance expert. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. Enoch is passionate about helping others win with their finances and has written about money matters for over a decade. He has been featured or quoted in The Globe and Mail, CBC News, Yahoo Finance, GO Banking Rates, Financial Post, Bankrate, Forbes, Toronto Star, CTV News, and other personal finance publications. He founded Savvy New Canadians, one of Canada’s top financial education platforms.

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7 Reasons to Apply for the TD First Class Travel® Visa Infinite* Card

If you’d like to earn TD Rewards Points to put towards flights, hotels, short-term rentals, vacations, and more, be sure to check out the current offer on the  TD First Class Travel® Visa Infinite* Card .

Until March 4, 2024, there’s a record-high welcome bonus of up to 135,000 TD Rewards Points† up for grabs, and beyond that, there are many reasons to keep the card in your wallet year after year.

Let’s look at 7 reasons why the TD First Class Travel® Visa Infinite* Card should be part of your overall credit card travel strategy.

• Earn 20,000 TD Rewards Points upon making your first purchase †
• Earn  80 ,000 TD Rewards Points upon spending $5,000 within 180 days of account opening †
• Plus, earn up to 10,000 TD Rewards Points back on your birthday †
• Plus, earn 8x TD Rewards Points † on eligible travel purchases when you book through Expedia ® for TD †
• Get an annual TD Travel Credit † of $100 when you book through Expedia ® for TD †
• Use your rewards for any travel bookings available on Expedia ® for TD †
• Minimum income: $60,000 personal or $100,000 household
• Annual fee: $139, rebated for the first year †
• Application must be approved by June 3, 2024 to receive this offer

In This Post

1. record-high welcome bonus, 2. first-year annual fee rebate, 3. elevated category earning rates, 4. 10% annual birthday bonus, 5. flexible redemptions with td rewards points, 6. annual travel credit, 7. strong insurance coverage.

The current welcome bonus on the TD First Class Travel® Visa Infinite* Card matches the highest we’ve ever seen.

If you apply and are approved for the card by March 4, 2024,† you can earn up to 135,000 TD Rewards Points in the first year.†

To unlock the full welcome bonus, you’ll need to meet the following conditions:

• Earn 20,000 TD Rewards Points  upon first purchase †
• Earn 115,000 TD Rewards Points  upon spending $5,000 in the first six months †

In other words, you’ll need to spend an average of $833 on eligible purchases in each of the first six months as a cardholder to earn the full welcome bonus.

Plus, you’ll benefit from earning more points along the way, thanks to the card’s category earning rates, which we’ll discuss below.

When it comes time to redeem, you can redeem 135,000 TD Rewards Points for up to $675 worth of travel booked through Expedia® for TD, or for up to $540 for travel booked directly with vendors with the Book Any Way feature.† 

The structure of the current offer is such that you have a sizeable welcome bonus paired with a reasonable minimum spending requirement , and a full six months to complete it.

With a record-high welcome bonus up for grabs, there’s no better time to apply for the TD First Class Travel® Visa Infinite* Card ; however, there are many other compelling reasons to have this card, which we’ll discuss below.

The TD First Class Travel® Visa Infinite* Card normally comes with an annual fee of $139.†

In tandem with the historically high welcome bonus, the current offer includes a first-year annual fee rebate, which applies to both the primary cardholder and the first supplementary cardholder.†

While the TD First Class Travel® Visa Infinite* Card would certainly be worthwhile even with a $139 annual fee, the first-year annual fee rebate really makes this offer even more compelling.

Plus, if you have a TD Unlimited or All-Inclusive banking account, you can have the annual fee waived on one TD credit card of your choice, including the TD First Class Travel® Visa Infinite* Card , on an ongoing basis.

The TD First Class Travel® Visa Infinite* Card also has a four-tier earning structure, which allows you to earn more points on many eligible everyday purchases.

These category multipliers are useful as you work to meet the minimum spending requirement, as well as when you continue to pad your TD Rewards Points balance over the long-term.

Currently, the earning rates on the TD First Class Travel® Visa Infinite* Card are as follows:

• Earn 8 TD Rewards Points per dollar spent on eligible travel booked through Expedia® for TD†
• Earn 6 TD Rewards Points per dollar spent on eligible groceries and restaurants†
• Earn 4 TD Rewards Points per dollar spent on eligible recurring bills†
• Earn 2 TD Rewards Points per dollar spent on all other eligible purchases†

It’s worth noting that there’s an annual spending cap for the elevated earning rates in the groceries, restaurants, and recurring bill payment categories.

After you’ve spent $25,000 within the year, the earning rates in these categories will be lowered to 2 TD Rewards Points per dollar spent.†

If you redeem TD Rewards Points for a value of 0.5 cents per point by booking travel through Expedia® for TD, these rates are equivalent to a 4%, 3%, 2%, or 1% return, respectively.

These are solid earning rates, which will help you quickly earn points to offset the cost of travel throughout the year.

Plus, on your cardholder anniversary date, you’ll get a further boost to your balance with one of the card’s other hallmark features.

In addition to the strong earning rates on day-to-day spending, you’ll also receive a 10% Birthday Bonus in the form of TD Rewards Points .†

Each year on your cardholder anniversary date, you’ll earn an additional 10% bonus on all the TD Rewards Points you’ve earned over the past 12 months, up to a maximum of 10,000 points.†

To maximize this benefit, which is worth up to $50 if you redeem the points for travel booked through Expedia® for TD, you’d need to earn a total of 100,000 TD Rewards Points organically throughout the year.

To put this into perspective, you’d need to spend around $1,380 per month on eligible groceries and dining purchases†, or any other combination to bring you across the threshold of 100,000 points.

When it comes time to redeem your points, you’ll be happy to know that TD Rewards Points are fairly flexible.

While you can’t transfer your points to any external airline or hotel loyalty programs, the best (and most valuable) way to redeem TD Rewards Points is for travel, either booked through Expedia® for TD or directly with any vendor.

In fact, TD Rewards Points are particularly useful to have on hand when it comes to filling the gaps for travel that can’t be booked through other loyalty programs.

The most valuable way to redeem TD Rewards Points is through Expedia® for TD, which will give you a value of 0.5 cents per point.

On the platform, you can book flights, hotels, car rentals, cruises, tours, and even Disney tickets, among other things, and get the maximum possible value from your points.

Since many of these expenses are typically difficult to book with other points currencies, using TD Rewards Points to book travel at a fixed value of 0.5 cents per point is an excellent redemption opportunity, and could end up saving you a significant amount of cash on your next trip.

On the other hand, if you want to book travel directly with vendors, you can still redeem TD Rewards points for those purchases by exchanging the points for a statement credit at a fixed rate of 0.4 cents per point against eligible travel purchases charged to the card.†

For example, with the Book Any Way feature, you can book directly with an independent hotel and then apply your TD Rewards Points as a statement credit to offset the cost.

Plus, if you redeem your TD Rewards Points against larger Book Any Way travel expenses, you’ll gain access to an improved redemption rate of 0.5 cents per point for any amount over $1,200.†

To redeem TD Rewards Points against travel purchases booked directly with vendors, you’ll have to login to the TD Rewards website and redeem points within 90 days of the original travel purchase.†

One of the other features on the TD First Class Travel® Visa Infinite* Card that makes it worthwhile to keep for the long-term is the $100 annual travel credit. †

The $100 annual travel credit helps to offset the card’s $139 annual fee, bringing it down to an effective $39 annual fee year-after-year. However, with an eligible bank account , you’ll enjoy an annual fee rebate anyway, which makes the $100 annual travel credit even more attractive.

Beginning in the second year of card membership, you’ll earn a $100 travel credit each year on your cardholder anniversary date, which can then be used towards accommodations and vacation packages booked through Expedia® for TD.

Importantly, the credit applies to eligible purchases of $500 or more. Therefore, you can also think of it as up to a 20% discount on accommodations or vacation packages on one of your next trips.

Keep in mind that by paying for the remainder of your expense with your TD First Class Travel® Visa Infinite* Card, you’ll earn 8 TD Rewards Points per dollar spent†, too.

Lastly, the TD First Class Travel® Visa Infinite* Card comes with competitive insurance coverage. This is a key feature for a strong travel credit card, and one that you’ll certainly want to be aware of as a cardholder.

The comprehensive insurance coverage offered by the card can best be divided between travel insurance and retail insurance.

In terms of travel insurance, the card provides the following:

• Emergency medical insurance: Up to $2 million for trips up to 21 days for those aged 64 and under, and up to four days for those aged 65 and older†
• Trip cancellation: Up to $1,500 per person (maximum of $5,000 per trip)†
• Trip interruption: Up to $5,000 per person (maximum of $25,000 per trip)†
• Common carrier travel accident insurance: Up to $500,000 of coverage for losses while travelling on a common carrier (bus, ferry, plane, train, or car rental)†
• Flight delay: Up to $500 per person for delays of four hours or longer†
• Baggage delay: Up to $1,000 per person for delays of six hours or longer†
• Car rental: Up to 48 days of insurance on a vehicle with an MSRP of up to $65,000†
• Hotel/motel burglary insurance: Up to $2,500 of coverage per occurrence of stolen personal items that belong to the cardholder or eligible family members travelling with the cardholder†

With the exception of emergency medical insurance, you’ll need to charge the full cost of your trip to be eligible for the other benefits.†

Not only can the included travel insurance coverage on the card save you money, but you’ll be assured that you won’t incur any additional expenses in the event of disruptions to your travel plans.

When it comes to retail insurance benefits, cardholders can benefit from the following:

• Mobile device insurance: Up to $1,000 in the event of loss, theft, accidental damage, or mechanical breakdown for eligible mobile devices.†
• Purchase security: You’ll be protected if an item is stolen or damaged within 90 days of purchase.†
• Extended warranty protection: If you purchase an item that comes with a manufacturer’s warranty, you’ll receive double the warranty up to a maximum of 12 additional months.†

Of these, mobile device insurance and extended warranty protection can be particularly useful if something happens to an eligible product purchased on the card.

As always, it’s important to read the insurance booklet to fully understand what’s covered and eligibility criteria for your unique situation.

The TD First Class Travel® Visa Infinite* Card is an impressive card that comes with strong travel benefits and competitive earning rates.

If you’re in the market for a new credit card, you should certainly consider the TD First Class Travel® Visa Infinite* Card , especially with its record-high welcome bonus and first-year annual fee rebate.

Be sure to apply and be approved for the card by March 4, 2024, to take advantage of this best-ever offer.

† Terms and conditions apply. Refer to the card issuer’s website for complete, up-to-date information.

Prince of Travel is Canada’s leading resource for using frequent flyer miles, credit card points, and loyalty programs to travel the world at a fraction of the price.

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Business Platinum Card from American Express

120,000 MR points

American Express Aeroplan Reserve Card

85,000 Aeroplan points

American Express Platinum Card

100,000 MR points

TD® Aeroplan® Visa Infinite Privilege* Card

Up to 85,000 Aeroplan points†

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TD First Class Travel ® Visa Infinite * Card

Summary of flytrippers' review, why get this card.

• The excellent welcome bonus worth $750
• The flexibility of simple points that can be applied to almost any travel
• The excellent insurance coverage
• The good multiplier earn rates
• The fact that there is no annual fee the 1st year

WHO SHOULD GET THIS CARD

• Those who want simple points that can be applied to almost any travel
• Those who want one of the highest offers ever seen for simple points
• Those who want excellent insurance coverage
• Those who want no annual fee the 1st year (even though the total value is always what you should look at)

Scroll for all details or check out our review

Detailed review of the TD First Class Visa Infinite Card

• Go to our editorial card review page (coming soon)
• Keep scrolling here for all the details
• Apply now via TD secure link
• See all the best credit cards in Canada

Card details

Earn up to $800 in value†, including up to 100,000 TD Rewards Points, no Annual Fee for the first year† and additional travel benefits. Conditions Apply. Account must be approved by June 3, 2024.

• Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card†.
• Earn 80,000 TD Rewards Points when you spend $5,000 within 180 days of Account opening†.
• Earn a Birthday Bonus of up to 10,000 TD Rewards Points†.
• Get an annual TD Travel Credit† of $100 when you book at Expedia®For TD.
• Get an Annual Fee Rebate for the first year†.

To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening.

To receive the first Additional Cardholder first-year annual fee rebate, you must add your first Additional Cardholder by June 4, 2024.

† Terms and conditions apply.

Welcome bonus structure (2 separate bonuses) (LIMITED-TIME OFFER — ends June 3, 2024)

20,000 TD Rewards points  Bonus after making 1 purchase (no minimum amount) 80,000 TD Rewards points Bonus after spending $5,000 (in a maximum of 180 days)

100,000 TD Rewards points Total with the 2 parts of the bonus

Earn on the minimum spending requirement

30,000 TD Rewards points Estimated earn on the minimum spending requirement of $5,000 (at multiplier earn rate of 6 pts/$)

Total rewards by unlocking the welcome bonus

130,000 TD Rewards points Welcome bonus + earn on the minimum spending requirement to unlock it

‣ Apply for the TD First Class Travel ® Visa Infinite * Card

Value of the welcome bonus offer (at our Flytrippers Valuation of  0.5¢/pt )

$100 Welcome bonus after first purchase (20,000 pts) $400 Welcome bonus after min. spend (80,000 pts) $150 Earn on the required spending (30,000 pts) $100 Travel credit on $500+ hotel booking (fixed value) –$0 Card fee (no annual fee the 1st year)

$750  Total net value by unlocking the welcome bonus alone

‣ Learn more about our Flytrippers Valuation of welcome bonuses

Effective return rate

15.0%  Return on the minimum spending requirement ( $750  on $ 5,000 in 180 days)

‣Learn more about effective return rates (coming soon)

Rewards acquisition summary

$750  Rewards you get for  $0

Value of redemption options (welcome bonus)

For each available redemption option, here is the value of the 130,000 TD Rewards points  you get by unlocking the welcome bonus:

$650 Travel booked on Expedia for TD $520 Travel booked on any website $520 Education credit with HigherEdPoints $429 Merchandise on Amazon ≈ $429 Gift cards ≈ $429 Merchandise $325 Statement credit

‣Learn more about the best redemptions of TD Rewards points (coming soon)

Value of redemption options (per point)

For each available redemption option, here is the value  per TD Rewards point to help you understand:

0.5¢ Travel booked on Expedia for TD 0.4¢ Travel booked on any website 0.4¢ Education credit with HigherEdPoints 0.33¢ Merchandise on Amazon ≈ 0.33¢ Gift cards ≈ 0.33¢ Merchandise 0.25¢ Statement credit

‣Learn more about the basics of the values per point (coming soon)

Redemptions for travel (Expedia for TD)

The more simple type of rewards redemption, with a fixed value. It is worth less but gives you more flexibility. TD Rewards points can be used for almost any travel expense this way, because Expedia for TD has just about every option, including activities and attraction tickets.

Redeem your 130,000 TD Rewards points  for:

130,000 pts Discount of $650 on travel booked on Expedia for TD

━ Redemptions for travel (any website)

Another more simple type of rewards redemption, with a fixed value. When using them this way, TD Rewards points are really as simple as points can be, as you can use them to simply erase any travel expense booked on any site.

130,000 pts Discount of $520 on travel booked on any website

Redemptions for education credits

Also a redemption of the more simple type, with a fixed value. TD Rewards points are among the very few that offer a non-travel redemption that doesn’t have a lower value than travel redemptions (at least compared to the least valuable of the 2 travel redemption options). You can use your points to get a fixed-value credit at select higher education institutions.

130,000 pts Credit of $520 at HigherEdPoints

Redemptions for anything other than travel (except HigherEdPoints)

Should  always be avoided , as with  all  rewards!

‣Learn more about why you should always redeem your rewards for travel (coming soon)

Expiry TD Rewards points never expire as long as you have the card. And even if you no longer have the card, you can easily extend the expiration indefinitely.

‣Learn more about TD Rewards points expiry (coming soon)

Pooling TD Rewards points cannot be pooled with travel companions.

‣Learn more about pooling rewards (coming soon)

Logistics TD Rewards points can be used directly on the TD Rewards website.

‣Learn more about how to get started with TD Rewards (coming soon)

Rewards program summary Rewards: TD Rewards points Source: Bank rewards Type: More simple Flytrippers Valuation: 0.5¢ per point Minimum value: 0.5¢ per point Maximum value: 0.5¢ per point Transferable: No

‣Learn more about rewards programs basics (coming soon)

8 points per $ ( 4% ):

• Travel booked through Expedia For TD †

6 points per $ ( 3% ):

• Groceries † (and indirectly at all retailers offering gift cards in grocery stores )
• Restaurants† (and food delivery apps )

4 points per $ ( 2% ):

• Recurring bill payments set up on your Account †

2 points  per $ ( 1% ):

• All other purchases †

Earn rates (when considering Annual Birthday Bonus†)

8.8 points per $ ( 4.4% ):

• Travel booked through Expedia For TD†

6.6 points per $ ( 3.3% ):

• Groceries† (and indirectly at all retailers offering gift cards in grocery stores )

4.4 points per $ ( 2.2% ):

• Recurring bill payments set up on your Account†

2.2 points  per $ ( 1.1% ):

• All other purchases†

Annual Birthday Bonus† applies up to 100,000 points earned; see card benefits section

Earning with additional cards

Fee for additional cards: $50 (no annual fee the 1st year) † Quantity allowed: N/A Minimum age: N/A

‣Learn more about additional cards (coming soon)

Annual Birthday Bonus † On your birthday, you’ll get a bonus equal to 10% of the total points earned on your purchases in the 12 months prior, up to 10,000 points.

‣Learn more about the TD Birthday Bonus (coming soon)

Annual $100 travel credit † You get a $100 travel credit that applies on your 1st hotel booking of $500 or more at Expedia For TD every calendar year.

‣Learn more about the TD annual travel credit (coming soon)

Starbucks partnership † You get 50% more TD Rewards points and 50% more Stars.

‣Learn more about the TD and Starbucks partnership (coming soon)

Access to the TD Lounge at Toronto Union Station † Not as nice as airport lounges, but this lounge provides free coffee and a few snacks.

‣Learn more about the TD Lounge at Union Station (coming soon)

Visa Infinite Hotel Collection † You get exclusive perks at some expensive luxury hotels.

‣Learn more about the Visa Infinite Hotel Collection (coming soon)

Visa Infinite Dining and Wine Country program † You get access to exclusive expensive gourmet experiences.

‣Learn more about the Visa Infinite Dining and Wine Country program (coming soon)

Visa Infinite Entertainment Access † You get exclusive access to tickets to curated events across Canada throughout the year, including the Toronto International Film Festival.

‣Learn more about the Visa Infinite Entertainment Access program (coming soon)

Insurance included

Medical travel insurance for 21 days (64 years and under) † Medical travel insurance for 4 days (65 years and above) † Flight delay insurance ($500, 4hr minimum) † Trip cancelation insurance † Trip interruption insurance † Travel accident insurance † Delayed and lost baggage insurance † Rental car insurance † Hotel burglary insurance † Purchase protection coverage † Extended warranty coverage † Mobile device insurance †

‣Learn more about the insurance coverage included with the TD First Class Travel ® Visa Infinite * Card (coming soon)

‣Learn more about the different types of insurance coverage (coming soon)

Card eligibility Minimum income: $60,000 (personal) OR $100,000 (household) † Age: Majority in your province Estimated credit score: Good or Excellent Credit bureau: Equifax Canada

‣ Learn more about credit card eligibility requirements (coming soon)

Welcome bonus eligibility You must not have activated or closed this specific card in the past 12 months

‣ Learn more about credit card welcome bonus eligibility rules (coming soon)

Offer end date Account must be approved by June 3, 2024 †

‣ Subscribe to Flytrippers’ free travel rewards newsletter to get all card updates

Card details Issuer: TD Bank Canada Network: Visa Card type: Credit card Product type: Personal card

‣Learn more about credit card types basics (coming soon)

Fees and rates Card fee: $139/year (rebated in the first year; account must be approved by June 3, 2024) † Fee for additional card: $50/year (rebated in the first year; you must add your first Additional Cardholder by June 4, 2024) † Foreign transaction fee: 2.5% † Purchases annual interest rate: 20.99% † Funds advance annual interest rate: 22.99% † (20.99% for Québec residents) † Balance transfer fee: 3%

‣ Learn more about what Flytrippers recommends regarding fees and rates (coming soon)

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid (it will open in a separate tab, or you can click here ).

via TD secure application

*Beta version of card page. Sign up to get updated guide soon.*

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The views and opinions expressed on this page are purely our own. They have not been provided, approved, endorsed, or ratified by any third party mentioned on the site.

Financial institutions are not responsible for updating or ensuring the accuracy of the information on Flytrippers’ website. All the information was independently collected by Flytrippers and not provided by financial institutions.

All offers described on the Flytrippers website are subject to the financial institutions’ latest terms and conditions, which can be found on their official website. No efforts are spared to ensure this page is up to date but offers from financial institutions change quickly. It is your responsibility to ensure the accuracy of these offers on their website. Flytrippers will not accept any responsibility for the accuracy of the offers or the result of your actions.

Flytrippers’ website does not contain all available credit card offers or all available credit card products on the market. In addition, Flytrippers never shares an offer if it is not considered advantageous for some travelers, at its sole discretion.

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All articles, pages, and content on Flytrippers’ website are merely personal opinions of a general nature and are for informational purposes only and should not be considered advice for specific situations. It is your responsibility to perform your own personal research to ensure that travel rewards are appropriate for your own situation.

You can learn more about our terms of use here .

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TD First Class Travel Visa Infinite Card Review

More and more Canadians are looking forward to international travel in the near future - about 78% . That means more people are looking for the best way to earn rewards during and for their future travel. And the TD First Class Travel VISA Infinite Card is one of the best. 

Combining a truly stunning array of intro offers and ways to earn points things add up fast to save you money. It also provides many bonuses like travel insurance and car rental insurance - not every card provides that! So, with that in mind, keep reading to learn all the great details about this awesome card. 

Disclaimer: The content in this article or page is for informational purposes only. While we only conduct the most thorough research and evaluations, and update our content continuously, we cannot guarantee 100% accuracy of the details shown.  Users may choose to visit the actual company website for more information.

TD First Class Travel Visa Infinite Card Benefits

Td first class travel visa infinite card login, td first class travel visa infinite card car rental insurance, td first class travel visa infinite card travel insurance.

This card is full of benefits that are perfect for those of you who love to travel - or even just love to earn points to redeem on various items and events. The hefty annual fee ($599) will net you up to $2,400 in value just from limited-time offers and even more from your daily spending habits. 

Limited Bonus Offers

Currently, there are great limited-time offers that can net you extra points just for signing up and spending (like you normally do!). Let's check out what you can earn if you sign up by December 5th. 

First, you can receive a Buddy Pass if you spend $1,000 within the first 90 days of opening your new account. This means that you can add a second ticket to your ticket when you book an economy flight - for free! It's eligible for use anywhere in North America that Air Canada flies, including Mexico. 

Second, you get a welcome bonus just for making your first purchase. Get 20,000 points worth around $400 for doing practically nothing! You can earn another 45,000 points if you spend $1000 within the first 90 days, too. 

Finally, you get great bonuses like free first checked bags for up to two travellers. You also will gain access to the Maple Leaf Lounges, which have a value of $550. 

Earn Aeroplan Points

It's pretty easy to get Aeroplan points, all you have to do is spend the money you normally do on the card. You get 1.25 points for every $1 you spend - but there are ways to earn even more.

Since this is a travel card, you can expect to earn two points for every $1 you spend on purchases made with Air Canada. And you can expect to earn 1.5 points for every other travel-related purchase you make like gas, groceries, and dining out. 

Limited time offers are fairly common. Currently, a promotion at Starbucks earns you 2.25 points for every $1 spent at a location. And you can earn double the points by shopping with Aeroplan  partner brands  or through the e-store. 

Spend Your Aeroplan Points 

Of course, what really matters is how you get to spend these awesome points you've accumulated. And that's why TD bank gives you tons of options to choose from. 

One of the best ways to spend your points is directly with Air Canada. Every single seat that's currently available for you to book is also available to book with points - there aren't any blackout dates or restrictions. 

You can combine a free flight with points with hotels and car rentals that you can also buy with points - essentially, you can get your whole vacation just through the use of points. But if you're not someone who travels frequently you may want to use your points elsewhere. That's why you can use your points for a variety of other pursuits such as merchandise, events, and gift certificates.

When you're ready to choose the TD First Class Travel VISA Infinite card, the process is simple. Simply create an account and log in . Once you have completed that process you can apply for the card. 

It's a good idea to understand the timeline of the application period and prepare. This way, you can be eligible for various limited-time offers. If you own a business, then it might be a good idea to look at the Aeroplan Business VISA too! 

A true bonus that the TD First Class card has is their car rental insurance. With up to 48 days of coverage available, you're protected in the event of a problem on the road. Nothing is more likely to mess up a vacation, so it's good to have coverage. 

One of the biggest reasons for investing in a travel credit card is in order to have all of your travel needs taken care of. Your flights and hotel bookings are all managed as are your car rentals with insurance. But some cards also offer travel insurance, and this card has one of the most robust packages on the market. Let's take a look!

Keep in mind, if you aren't someone who travels frequently then these bonuses may not be ideal for your situation. It might be a good idea to check out some other cards like those by Capital One Canada . 

Travel Medical Insurance

No need to buy a separate policy for your international expeditions, travel medical insurance is covered under this card. You can expect up to 5 million in coverage for your first 31 days of your trip unless you are 65+ in which case you are covered for the first 4 days. You can also add additional coverage to your policy if you so desire. 

Trip Cancellation/Trip Interruption Insurance

It's already bad enough when your trip is cancelled for various reasons or interrupted mid-way through. It's even worse when you lose thousands of dollars in non-refundable bookings. That's where this insurance comes in. 

With a maximum of $5,000 for all insured persons under the policy, you can cover trip cancellations and interruptions to help ease the burden. Trip interruption is covered up to $25,000. 

Flight/Trip Delay Insurance

While more commonly found on regular travel cards, it is no less welcome on this one. However, it has an even nicer policy than most - expect to be covered if your trip is delayed by more than just four hours! And you can gain up to $1,000 in compensation for the hassle. 

Delayed and Lost Baggage Insurance

The stress of delayed or lost baggage is common among travellers and it's important to be prepared for this eventuality. There's nothing worse than having to waste your first day in a new location searching for new clothing - and even worse when it's not covered. 

Luckily, this card provides a robust amount of coverage for delayed baggage at up to $1,000 if the delay has been for longer than four hours. Lost baggage is compensated up to $2,500 for every insured person. This money is meant to be used towards replacing the belongings that have been lost or delayed like clothing and toiletries - the essentials. 

Common Carrier Travel Accident Insurance

A rather unusual inclusion in a travel insurance plan, common carrier insurance is very useful. A common carrier is public transportation like buses, ferries, trains, plains, and even auto rentals. Losses on these types of transportation are covered up to $500,000. 

Hotel/Motel Burglary Insurance 

You no longer have to worry about unfortunate incidents while travelling as motel and burglary insurance is included with this card too! You can expect to have stolen personal effects reimbursed for up to $2,500 per person per situation. It also extends to certain family members who are travelling with you, the cardholder. 

NEXUS Rebate 

NEXUS is a program you can join in order to cross borders more quickly between the US and Canada. And with this card, you can expect the application fee to be refunded through rebate every 48 months when you seek to enroll. This can have a value of up to $100 as other cardholders can join in. 

Emergency Travel Assistance Services

When something goes wrong it's always nice to have another voice of reason, especially if it's someone who has experience with travel emergencies. This card comes with access to a toll-free number that can have you connected to someone who can help you with your personal travel emergency. 

The Review 

Now it's clear that the TD First Class Travel VISA Infinite Card is well worth your application. With this in mind, you may be wondering how you can earn rewards and save money in other areas of your life. 

Enter Insurdinary, a company whose entire agenda is to help you cut costs. Here, you can compare various mortgage and loan companies and their rates in order to find the best prices and benefits for you. Check out Insurdinary today, and ask for a quick quote ! 

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Am I eligible?

To get this card, you must also:.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

The TD First Class Travel® Visa Infinite* Card is a decent travel card. It’s easy to earn and redeem points and the suite of travel insurance is a huge perk. However, it has the best value for those who like to book their travel via Expedia. If you prefer to book directly with hotels or airlines or... - Hannah Logan, Courtney Reilly-Larke, Forbes

The TD First Class Travel® Visa Infinite* Card stands out among travel credit cards for its nice welcome bonus, strong rewards rate on all purchases, and particularly massive earn rate for purchases via through Expedia® For TD. It also offers substantial long-term value for those who have a TD All-I... - Money.ca

This card makes good in its promise to earn points on the little things. If you want to travel and don’t want to use Aeroplan, this travel card is a good choice. If you are interested in Amazon purchases and love your Starbucks, this is the only card for you. - Stefani Balinsky, Hardbacon

The TD First Class Travel Visa Infinite Card is a popular travel rewards credit card that is popular with TD and non-TD customers alike. Its overhaul in 2022 help the card regain some traction as a strong option in our very competitive credit card market. By having accelerated earn rates coupled wit... - Rewards Canada

TD First Class Travel Visa Infinite Card is a personal credit card targeted toward high-income earners in Canada. With the best reward points available when you book travel via Expedia for TD, the card is an excellent option for folks who like traveling. The card also has comprehensive travel insura... - Victor, Yore Oyster

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Earn 10% cash back on all purchases for the first 3 months ( up to $2,000 in total purchases ). Plus, no annual fee in the first year , including on supplementary cards. A welcome offer value of $350 .

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Worst experience ever

To think that we pay to receive worst service that you would receive for free elsewhere is pretty amazing. I look forward to cancelling this card as soon as I am back home.

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Review topics

Expedia customer service is completely useless.

I booked a flight with them last week and then immediately realized that I needed to add my middle name to the booking as this was in my passport. I asked the airline carriers to inquire if the addition can be made and they all agreed to make the change but Expedia for TD need to make the request. After many phone holds and back-and-forth, they still insisted that the airlines are incorrect and refused to help me. Instead, they told me that the only way to resolve this is for me to cancel my initial booking and then re-book again. Of course, prices have already changed because it took them a week to figure this all out and obviously a penalty was also charged. More than $300 lost for a few letters added. I will never book through Expedia for TD again.

TD Expedia points were I redeemable

I lost $772 credit because of the incompetence of the customer service representatives at TD EXPEDIA. I spoke to three different representatives, spent 3 hours on the phone, and asked to be referred to a manager three times. I was assured a supervisor would contact me in 24 hours. No one ever did. Ended up calling the credit card company which appeared helpful but when the call disconnected never heard back. Cancelled credit card.

Scotiabank® Gold American Express® Card

Earn up to 40,000 bonus Scotia Rewards points in your first year (that's up to $400 towards travel). Earn 5 Scotia Rewards points for every $1 you spend at eligible grocery stores, dining and entertainment 

Get this card / Apply online

Not worth the $120 fee.

I enjoyed this card until it came time to book a flight. The flights on the website aren't guaranteed. After I booked a customer service agent called me requesting $200 more so I told her to cancel the booking and I'll book on another cheaper site. The total transaction is still pending on my card, 7 days later. I called to check why it hasn't been released and have been back and forth with customer service agents for four hours between TD bank and TD rewards. Still hasn't been released.

Point Redemption isn't as good as it seems

The only way to get the full redemption value that TD Visa advertises is to book through their TD Expedia website. Unfortunately for airlines, they charge a fee and for hotels, they don't have rates as good as if you directly to the hotel website, so you either pay more on the Expedia site for full redemption or you pay less on the hotel site and get less redemption. Either way, you lose. And you're limited by the partners Expedia has because they don't deal with all hotels and airlines. The credit card used to be simple and all points and redemption were equal, but since they partnered with Expedia, TD gets money from Expedia for the deal, and Expedia gets your business at an inflated price, so everyone wins except the customer.

Customer service can't resolve problems

I purchased one return AC Ticket to Asia with Expedia for TD and 8 of my friends purchased the same tickets with Expedia.ca, same price same class same day... Originally we go to SGN with a stopover in NRT for 2 weeks but Japan is not open for individual travellers yet, we changed our ticket to go directly to SGN without a stopover in NRT. Expedia for TD charged me $253 for the changed ticket and Expedia.ca charged all my 8 friends only $ 3 because the reservation agent change my ticket with a K higher class, without checking for available S class and all my friends with lower S class and I am the first one to call and my friends called Expedia for the same day to change their tickets after my 1st call, I called back much time explaining mistaken by an agent, even sent to Expedia for TD one of my friend itinerary ID as a proof. The answer is - "on investigation", and on my 5th call the agent said I will receive a refund in a maximum of 10 days, never received and I keep calling back without success and one night at 11 pm Montreal time, an agent with Asia accent called me probably from Vancouver telling me there is no mistake and did not accept his agent mistake and close the case very sharp. So no more Expedia for TD. Be aware to purchase from Expedia for TD!

Earn up to 40,000 bonus Scotia Rewards points in your first year (that's up to $400 towards travel). What else will you get:

• Earn 5 Scotia Rewards points for every $1 you spend at eligible grocery stores, dining and entertainment
• Earn 3 Scotia Rewards points for every $1 you spend at eligible gas stations, daily transit, and select streaming services
• Earn 1 point for every $1 you spend on all other eligible everyday purchases
• Complimentary Concierge Services 24/7
• Comprehensive Travel Insurance coverage with 25 days of travel medical insurance for eligible persons under age 65

System is not as per they say

I booked a ticket and on my passport, there is only a surname, not a given name, but the system required both surname and given name, so the question is how users can book a ticket? Secondly, I put my father's name as the last name while book then made a call to Expedia for TD they said we will charge $100 to remove from your father's name and put "FNU" as the first name. I don't know if I don't have the first name then I need to put FNU" What a great way to make money!

I got cheated a total of $1400 from Expedia For TD

Spoke to head office manager Joseph about my concerns and my problem was never resolved and it took them almost 2 months.

I booked tickets for my whole family and they all had unfortunately the TD First Class Travel Card and thought we were privileged to book with Expedia For TD while others who don't have the TD First Class Travel would not be able to book with Expedia For TD, but jokes on us!!!! My uncle who doesn't have the TD First Class Travel card and therefore booked it off the regular Expedia website (that's not the Expedia for TD) and he SAVED $400 on his ticket meanwhile my family (Me, my husband and 2kids) paid $400 more to book the same exact ticket on the same exact day had to pay $400 more. My parents (2 adults) also paid $400 more vs what Expedia was selling for AND my brother who also went thru Expedia for TD paid $600 more than the regular Expedia website. Unfortunately, my family, my parents and my brother bought our tickets a couple of minutes before my uncle who bought it off Expedia and therefore we, unfortunately, made our purchase and then found out how it's actually cheaper on the Expedia regular site. I called Expedia For TD right away to address this and they said they cannot do anything and can't help with any price adjustment. I had sent them all the proof of all the prices and my confirmation #s for all the bookings. I asked them to cancel my tickets the same day within minutes and they said they will charge us and there are fees. I asked for a manager to call me ASAP they said someone will call within 24 to 48 hours and no one called, I called back and repeated my story to ANOTHER person and once again they said to wait for 24 to 48 hours. Once again no one called now we are 5 to 6 days in and for the 3rd time I called again on the 6th day and had to raise my voice to get a manager on the phone which didn't happen the same day but the next day. It turned out to be a supervisor who repeated all the same things the frontline staff said to me. He said they can't do price adjustment and It all depends on inventory and they don't do price match even though the price match is between Expedia and Expedia For TD. Which is absolutely ridiculous! I had asked the supervisor to escalate to a manager in a higher position. It took 7 weeks from the day I purchased the tickets for the manager to call (in the time being I've been consistent In calling asking for a manager) It got to a point where I once again had to raise my voice to get a manager which I waited for 7weeks for to call me back. Unacceptable!!! A manager named Joseph from head office finally called and said he will look into this matter, he had gathered all my documents and proofs to look into this matter. Joseph came back 3 days later and said unfortunately wasn't able to do anything and started repeating what everyone else was repeating. I was expecting a manager like Joseph who could have made an exception, a one-time gesture for a high valued customer who is a long-time TD Travel Visa holder. He came with NOTHING!!! Not even half the money back, not even $100. When I mentioned my frustration of having to wait for almost 2months to get nothing not even a $100, Joseph says well I can offer you $100. I was even more upset. I asked for his manager or a higher up and Joseph refused to connect me to his manager or a higher up. I told him that I will be escalating this to the ombudsman and he did not care for his customers. I am very disappointed in Expedia For TD. My reasoning for a price adjustment was very reasonable and I wasn't comparing prices with other airlines. I was simply comparing it between Expedia and Expedia For TD. I shopped around with other airlines to get the best price but who would think to check prices between Expedia and Expedia For TD? I called the same day as the bookings to get this resolved and I was tossed around and had to repeat my story numerous times. I'm certain Joseph did not escalate my concern and just waited 3days to call me back to tell me the same story everyone else did. How is it that they couldn't offer their client SOMETHING??? When I complained that I can't believe they can't even offer $100 then Joseph Said I can credit you $100. But just minutes ago he couldn't offer anything!!! How did he all of a sudden able to offer $100. I did not take the offer as I will be escalating this to Ombudsman!

I hope people read this, it's a long message but I really want to make sure no one else goes thru what I did. Don't bother booking with Expedia For TD.

Incompetent agents, non existent customer service - AVOID EXPEDIA FOR TD

Incompetent agents, non-existent customer service - AVOID EXPEDIA FOR TD We recently travelled to Mexico, booking our outbound trip through Expedia for TD and the return through our another card in order to pay for the flights using points from each card. Both flights were with Air Canada. We booked Comfort Economy seats, for which we paid double, in order to have premium seats with more space, meals, priority check-in and cancellation which, given Covid, was our top priority. When we got to the airport we discovered that the Expedia for TD agent had booked us on seats at the back of the plane. When we asked the flight steward if these were premium and showed her our ticket she confirmed that our Comfort economy ticket was for a premium seat, that our assigned seats were not premium, and that she was unable to do anything about changing us because the flight was full. On the second leg of our trip, from Puerto Vallarta to Queretero, the same agent had booked us on the most basic fare, which did not include any checked bags. We discovered this the night before flying and had to pay an additional $100 to check our bags. Our return flight, booked through an agent of another card bank, was completely different. We had priority check-in, access to the premium lounge, and bulkhead seats at the front of the plane. When we got home we began calling Expedia for TD and for the past week have had a complete run-around, similar to that reported by other users. We spoke with a very pleasant man named Adam (I believe from his strong accent that he was in India or another overseas country - he was speaking a different language with the operator) who told us we would have a call back from a “supervisor” within 72 hours, a call that never came. After 5 days we called again. Same story. We eventually reached a “supervisor” who was most unpleasant, aggressive, loud and would not listen to us at all. We asked to speak with a senior manager and were told we would have a call back within 72 hours. In the past, we had excellent service with this credit card and with booking through Expedia, but that is no longer the case. We will never again use Expedia for TD but will book our flights directly with the airline ourselves. We may only get to use a portion of our points on a flight, but that is better than dealing with the utter incompetence and uncaring attitude of Expedia for TD agents. As soon as we have used up our points on this card, we will be cancelling the card and finding one with better service.

Scotia Momentum Visa Infinite Card

Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Plus, no annual fee in the first year, including on supplementary cards. A welcome offer value of $350. 

WORST customer service I’ve ever experienced

We wanted to change our resort because we found a better one for the same price, we called and we were told by Expedia for TD that they would need to contact Air Canada vacations and have them on the phone at the same time while we make the changes, and that sometimes it could take hours so I waited by my phone for a week, after a week I just so happened to miss their call that came at 6:30 pm (I was told they don’t call after 2 pm as that’s when Air Canada vacations close their calls) she left me a message saying the price difference would be about $50 per person. I called back 30 mins later and was told I needed to be put back on the waitlist. After waiting 4 days I decided to call back again and was told my name was taken off the list even though I had spoken to someone 30 mins after they had called me, they had the nerve to say “well you missed your chance”. After some convincing, they put me on the urgent list and I was told I would get a call back within 24 hours. I called back 24 hours later (because they did not call me) and right there she called Air Canada Vacations and was able to get through. She then told me the price difference was now $460! It almost doubled in 5 days! I told them it was ridiculous because I had been waiting so long of course the price went up, and that for 4 days my name wasn’t even on the list when I was told it was! Again nothing she could do. Honestly so horrible the amount of time I wasted on the phone with them and they don’t care about anything you say and you have to explain yourself 1000 times. Do not get this credit card and avoid dealing with Expedia for TD, it’s not worth it.

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TD Cash Back Visa Infinite Review 2024: Is It Worth It?

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

NerdWallet Rating

NerdWallet CA

Great for bigger households and road warriors.

If the gas station or grocery store is where you spend most often, or you’re looking for a card that earns cash back on bills, the TD Cash Back Visa Infinite might be a good fit. Learn more about how we evaluate cards .

The TD Cash Back Visa Infinite card is a cash-back credit card that earns 1% or 3% on eligible purchases (even more if you take advantage of its generous intro offer).

Benefits of the TD Cash Back Visa Infinite card

• Cash back that never expires.
• Round-the-clock roadside assistance, courtesy of a free Deluxe TD Auto Club Membership.
• Car rental discounts through Avis and Budget. 
• Visa Infinite perks, including 24-hour access to the Visa Infinite Concierge service team, complimentary wine tasting at participating wineries and discounts at eligible golf courses. 

Drawbacks of the TD Cash Back Visa Infinite card

• The 3% cash back on groceries, gas and recurring bill payments drops to 1% once you spend more than $15,000 in each category annually.

TD Cash Back Visa Infinite* Card

• Annual Fee $139 To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by June 4, 2024. Waived first year
• Interest Rates 20.99% / 22.99% 20.99% on purchases, 22.99% on cash advances.
• Rewards Rate 1%-10% Earn 10% on Bonus Eligible Purchases for the first 3 months (must be approved by June 3, 2024)†. Earn 3% on eligible grocery† and gas purchases†, and on regularly recurring bill payments† set up on your account. Earn 1% on everything else†.
• Intro Offer Up to $350 Earn 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 June 3, 2024.
• 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 June 3, 2024.
• To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by June 4, 2024.
• Earn 3% in Cash Back Dollars on eligible grocery Purchases and gas Purchases†, and on regularly recurring bill payments† set up on your account.
• Earn 1% Cash Back Dollars on all other Purchases made with your Card.†
• Redeem your Cash Back Dollars to help pay down your Account balance whenever you please – the choice is yours!†
• Your Cash Back Dollars never expire as long as your account is open and in good standing.
• Interest Rates: 20.99% on purchases and 22.99% on cash advances.
• Travel Medical Insurance† – Up to $2 million of coverage for the first 10 days. If you or your spouse is aged 65 or older, you are covered for the first 4 days of your trip. Additional top-up coverage is available.
• Delayed and Lost Baggage Insurance† – Up to $1,000 overall coverage per insured person toward the purchase of essentials such as clothes and toiletries if your baggage is delayed more than 6 hours or lost.
• Emergency Travel Assistance Services† – Help is just a call away. Toll-free access to help in the event of a personal emergency while travelling.
• Complimentary Visa Infinite* Concierge†: On call, 24 hours a day, seven days a week, to help you get the most from life whenever you travel, shop and use your Card.
• Emergency Road Services with Deluxe TD Auto Club Membership† is included with the product.
• To be eligible, $60,000 (individual) or $100,000 (household) annual income is required. Also, you must have a Canadian credit file and be a Canadian resident of the age of majority in the province or territory where you live.
• †Terms and conditions apply.
• This offer is not available for residents of Quebec.
• The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the Apply Now button.
• Full review
• Customer ratings
• Eligibility
• How to apply

TD Cash Back Visa Infinite vs TD Cash Back Visa

• Rating methodology

TD Cash Back Visa Infinite full review

The TD Cash Back Visa Infinite is one of two personal cash-back cards offered by Toronto-Dominion Bank and its subsidiaries, also known as TD Bank Group. The card offers 3% cash back on eligible purchase, but the annual fee and income requirements may be too high for some shoppers.

Who should get the TD Cash Back Visa Infinite card?

The TD Cash Back Visa Infinite offers its highest earn rate on groceries, gas and recurring bill payments. Therefore, those with sizable grocery bills, multi-vehicle households or long commutes will be able to make the most of this credit card’s cash-back rewards program. 

Is TD Cash Back Visa Infinite worth it?

It depends on your spending habits. Ideally, you want to get more than you give when you have a credit card. After the first year, the TD Cash Back Visa Infinite’s annual fee is $139. To recoup that cost, you’d need to spend at least $4,633 on groceries, gas or bills in one year. That’s about $386 monthly. Anything you spend on eligible purchases beyond this will earn cash back you can pocket.

TD Bank customer ratings

• Below average in customer satisfaction: TD Canada Trust ranks 10th in J.D. Power’s 2023 Credit Card Satisfaction Study. 
• Low Trustpilot rating: TD Bank ranks 1.3 out of 5 possible stars based on over 2,100 customer reviews, as of this writing.
• Low Better Business Bureau customer rating: TD Bank scored 1.1 out of 5 possible stars based on over 280 customer reviews, as of this writing.

TD Cash Back Visa Infinite eligibility

Who qualifies for the td cash back visa infinite card.

To qualify for the TD Cash Back Visa Infinite card, you must:

• Be a Canadian resident.
• Be at least the age of majority for your province or territory.
• Have a minimum annual income of $60,000 for an individual or $100,000 for a household.

Approximate credit score needed for approval

Canadian credit card issuers rarely disclose required credit scores , which makes it hard to know your chances of approval when comparing credit cards. What we do know is that higher scores have better chances of approval — that’s true no matter what type of credit you’re applying for. Want to learn more? Our guide can help you figure out what credit score is typically needed for a credit card .

TD Cash Back Visa Infinite rewards

• 10% in Cash Back Dollars on Bonus Eligible Purchases made in the first three months of card ownership, up to $3,500. 
• Annual fee waived for the first year of card ownership. 

Welcome offer valid until June 3, 2024.

• 3% cash back on gas, groceries and recurring payments (up to $15,000 per category, then 1% cash-back rate applies). 
• 1% cash back on all other purchases.

Right off the bat, the free year of card membership immediately saves you $139 with the waived annual fee. But how much value could you squeeze out of the accelerated welcome rate?

You’d earn 10% on all eligible purchases in the first three months, up to a total spend of $3,500, which means a potential $350 cash back.

That’s a total value of up to $489 — all within the first year of card membership.

Point value breakdown

The value of TD Rewards points varies on the redemption method you choose, but you can expect to get around 0.25-0.5 cents per point. 

• 0.5 cents per point for Travel Purchases made through Expedia For TD. 
• 0.4 cents per point for the first $1,200 of any Book Any Way travel redemption request, and 0.5 cents per point for any amount that is over $1,200 for the same Book Any Way travel redemption. 
• 0.4 cents per point for an education credit. 
• Around 0.3 cents per point for gift cards. 
• Up to 0.3 cents per point for shopping with merchant partners. 
• 0.25 cents per point for a cash credit.

How to apply for the TD Cash Back Visa Infinite card

The application process for the TD Cash Back Visa Infinite card is fairly straightforward.

• Select the Apply Online button from the TD Cash Back Visa Infinite page on TD Bank’s website.
• Sign in if you are an existing customer, or continue as a new customer. 
• Select Continue after reading the eligibility requirements. 
• Select your province of residence.
• Review the card’s terms and conditions and select ‘I Agree’ to continue.
• Enter your personal details, including your full name, date of birth, phone number, email address and residential address.
• Tell TD Bank about your employment status.
• Tell TD Bank about your finances, including your annual personal income, household income and residential status.
• Review the information you’ve submitted and select your preferred credit limit.
• Add personal information for any additional cardholders, if applicable.
• Review the card’s insurance coverage, as well as the terms and conditions.
• Submit your application.

Both of these TD credit cards earn cash back, but eligibility criteria and earn rates vary.

Reasons you might want a different card

There are other circumstances in which the TD Cash Back Visa Infinite simply won’t be a practical fit:

• You don’t spend much on groceries.
• You don’t have a car.
• You don’t meet the minimum income requirement.
• You’d prefer to earn a different type of reward, such as travel points.

Options for earning travel points instead: The TD Aeroplan Visa Infinite and TD Aeroplan Visa Infinite Privilege earn Aeroplan points on everyday spending, as well as elevated points in eligible categories. Points can be redeemed for flights, hotels, car rentals, gift cards and more.

TD Cash Back Visa Infinite facts

Rating methodology.

NerdWallet Canada rates credit cards according to overall consumer value and their suitability for specific kinds of consumers. Factors in our evaluation methodology include annual and other fees, rewards rates, the earning structure (for example, flat-rate rewards versus bonus categories), redemption options, bonus offers for new cardholders, introductory and ongoing APRs, and other noteworthy features such as airline or hotel perks or the ability to transfer points.

Frequently asked questions about TD Cash Back Visa Infinite Card

You can use your TD Cash Back Dollars anytime through the TD EasyWeb portal, TDRewards site or mobile app or by calling TD Bank. The minimum redemption amount is $25 (minimum is waived if redeemed annually). You can use your Cash Back Dollars to pay down your account balance.

You can make a payment to your TD credit card by transferring funds from another account or with TD Cash Back Dollars through the TD EasyWeb portal or mobile app.

About the Authors

Georgia Rose is a lead writer on the international team at NerdWallet. Her work has been featured in The Washington Post, The New York Times, The Independent and The Associated…

Shannon Terrell is a lead writer and spokesperson for NerdWallet, where she writes about credit cards and personal finance. Previously, she was a writer, editor and video host for financial…

DIVE EVEN DEEPER

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Expedia for TD Review: What You Need to Know

Expedia for TD offers cardholders the opportunity to maximize the value of their TD Rewards points

25 Best Rewards Credit Cards in Canada for April 2024

Compare the best rewards credit cards in Canada across numerous rewards categories, including travel, cash back and more, to find the ideal card for your spending preferences.

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Bitcoin Halving Event 2024: Not With A Bang, But A Whimper

Published: Apr 22, 2024, 10:19am

Reviewed By

Table of Contents

So what just happened, what to watch out for in the next few months, what has been the outcome of previous halving events, when is the next halving event, frequently asked questions (faqs).

The much-anticipated Bitcoin halving event has come and gone, quietly marking a historic moment in the world of digital assets. On April 20, 2024, the block reward for miners was reduced by half, but you wouldn’t know it from the lack of fanfare. No bells were rung, no fireworks lit up the sky, and the price of Bitcoin remained relatively stable. However, just because the quadrennial event passed without much immediate impact on general investors and markets doesn’t mean the Bitcoin halving was a non-event. Far from it.

In fact, the halving has significant implications for Bitcoin miners, traders, and investors. As the rate at which new bitcoins enter circulation is cut in half, the built-in scarcity mechanism of the cryptocurrency exerts its influence over time. This shift in supply-and-demand dynamics has the potential to shape the long-term trajectory of Bitcoin and the broader crypto market.

In this article, we’ll take a closer look at what happened, its potential long-term effects, and what it means for Canadian investors navigating the evolving world of crypto assets.

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On Kraken’s Website

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Flat 0.9% fee for stablecoins, 1.5% for other cryptos

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On Coinbase’s Website

1% Flat Fee

On April 20, 2024, at 10:09 a.m., the fourth Bitcoin halving took place. While some hard-bitten enthusiasts may have stayed up late or woken up early to watch the Bitcoin block tick over 840,000, the halving itself is, at least initially, a non-event for most investors. The immediate impact of the halving is felt primarily by Bitcoin miners, who see their block rewards cut in half, affecting their profitability and potentially leading to changes in the cryptocurrency mining industry.

As the rate at which new Bitcoins enter circulation is reduced by 50%, the asset’s scarcity increases. This built-in deflationary mechanism creates a potential long-term upward pressure on Bitcoin’s price . However, the relationship between halving events and price appreciation is not always straightforward and can be influenced by various market factors.

“Bitcoin trading volume generally sees the most significant increase in the 60 days prior to halvings, as interest builds and prices gain momentum,” Megan Stals, a market analyst at trading platform Stake, tells Forbes Advisor.

“This has happened again, with data from crypto exchanges showing a notable increase in volume in March when compared to February, as investors seek more exposure.”

On April 12, one week out from the halving event, one BTC was worth $94,768.53 Canadian dollars. As of April 22, a few days after the event, the price was holding slightly lower at $88,320.94 CAD.

However, Stals also points out the challenges miners face, particularly smaller operations, in the aftermath of the halving.

“Miners face a profitability squeeze (after the halving) event, due to the increased compute power and energy needed to mint new coins,” Stals says.

“Larger miners should have the resources to invest in new hardware and find more efficient energy sources, but each halving event makes it more difficult for smaller miners to stay in business.”

Despite the increased difficulty for miners, Stals notes that market dynamics play a crucial role in miner profitability. Higher Bitcoin prices could help offset some of the extra mining costs in the short term. However, she adds that “investment in new hardware and finding efficient energy sources is key for their long-term success”.

Stals cites another potential tailwind for the recent halving event: the approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) in January. These ETFs have made it easier for investors to gain exposure to Bitcoin without the need to navigate cryptocurrency exchanges in the U.S. Of course, Canadians have had access to Bitcoin ETFs since 2021.

“Bitcoin ETFs have proven more popular with older investors on Stake, particularly those aged 45 and above,” she says.

“…While younger investors may already have direct exposure to Bitcoin through cryptocurrency exchanges, these ETFs offer a solution to older investors who are interested in the space but are unwilling to deal with crypto exchanges and the intricacies of private keys and wallets.”

However, Stals says that Bitcoin is sensitive to higher interest rates, so investors must also take this into account.

“There are still concerns that the U.S. has not yet successfully tamed inflation, and traders have begun reducing their expectations for rate cuts in 2024,” she says.

Consumer Price Index data out of the U.S. for April was higher than expected, with inflation for the past 12 months sitting at 3.8%, dampening expectations that any interest rate cuts would come into effect in the first half of the year. Crypto markets were red on the day of the news. For Canadian investors, inflation ticked up slightly to 2.9% in March compared to 2.8% in February–a full percentage point lower than in the U.S.

Now that the Bitcoin halving event is over, investors are eager to see how it will affect the cryptocurrency’s price and market dynamics in the coming weeks and months. Historical data suggests that the path to new all-time highs won’t be straightforward.

“While Bitcoin’s price has historically risen before and after each halving event, it has not always been a straight line up. Following previous halvings, prices have often pulled back before reaching a new peak around 220 and 240 days later,” Stals says.

“The halving is often portrayed as a short-term event, but it can take several months to see the full effect.”

One positive sign for Bitcoin’s short-term price action is the recent net inflow into Bitcoin ETFs, indicating that institutional investors are more likely to be buyers than sellers at this stage. However, Stals adds that “investors should keep a close eye on trading activity, as any large one-off sales made by whales could negatively impact short term prices and sentiment”.

As the market adjusts to the new supply dynamics and miners adapt to the reduced block rewards, investors should expect heightened volatility in the coming weeks and months. This volatility can present both opportunities and risks for those looking to gain exposure to Bitcoin.

While the market finds its new equilibrium, Stals suggests potential investors to be prepared for this volatility with a well-thought-out investment strategy that manages risk through proper levels of exposure and maintains a long-term perspective on the asset’s potential.

It’s worth examining the outcomes of previous halvings to gain insight into potential future trends.

According to the latest Crypto-Asset Survey from the Ontario Securities Commission released in November 2023 and surveying over 2,300 Canadians, fewer of them hold cryptocurrency than ever–with 10% of respondents invested in cryptocurrency in 2023, compared to 13% only a year earlier and more of those Canadians who are invested in crypto expressing regret over doing so: 77% in 2023 compared to 68% in 2022.

Lower cryptocurrency adoption means that this recent Bitcoin halving will affect fewer Canadians.

However, Stals also says the introduction of Bitcoin ETFs in the U.S. markets has also made it easier for a broader audience to gain exposure to the cryptocurrency, further amplifying the halving’s potential impact.

However, she adds, ” While these products can be more accessible than buying crypto directly, they are equally as volatile as the crypto assets themselves.”

Looking back at previous halving events, the Bitcoin market has experienced significant price appreciation in the months following each halving. After the first halving in November 2012, Bitcoin’s price rose from around $11 USD to a peak of 1,100 USD in November 2013. Similarly, following the second halving in July 2016, the price increased from approximately $650 USD to nearly $20,000 USD by December 2017. The third halving saw BTC hit over $69,000 USD in the following year.

While past performance does not guarantee future results, these historical precedents suggest that the reduced supply of new bitcoins entering circulation after a halving can lead to increased scarcity and, consequently, higher prices. However, it’s crucial to note that the Bitcoin market has matured significantly since the previous halvings, with increased institutional participation, regulatory scrutiny, and overall mainstream adoption.

As a result, the outcome of the current halving may not precisely mirror those of the past, and investors should remain vigilant in monitoring market developments and adapting their strategies accordingly.

With the halving event in the rearview mirror, many Bitcoin enthusiasts and investors are already looking ahead to the next BTC milestone. The Bitcoin halving is programmed to occur every 210,000 blocks, roughly once every four years. Given this schedule, the next halving event is expected to occur in 2028.

As each halving event reduces the block reward by half, the supply of new bitcoins entering circulation will continue to decrease over time. This built-in scarcity mechanism is designed to make Bitcoin increasingly scarce, which, in theory, should lead to higher prices as demand grows while supply diminishes.

However, the relationship between halving events and Bitcoin’s price is complicated. While significant price increases have followed previous halvings, the Bitcoin market is subject to various factors, including regulatory changes, macroeconomic conditions, and increased levels of adoption, particularly following the approval of the ETFs in the U.S.

As the Bitcoin network matures and adapts, it’s natural to wonder how long the halving process will continue. The answer lies in the coin’s programming. Bitcoin’s pseudonymous creator, Satoshi Nakamoto, set a hard cap of 21 million Bitcoins for mining. With each halving, the rate at which new bitcoins are created slows down, and the final bitcoin is expected to be mined around the year 2140.

This gradual reduction in supply is intended to make Bitcoin more and more scarce over time, potentially driving up its value as demand increases. However, it’s crucial to remember that the cryptocurrency market is highly speculative and that past performance does not guarantee future results.

While the future is always uncertain, one thing is clear: the Bitcoin halving will continue to be a defining event in the cryptocurrency’s journey, shaping its supply dynamics and influencing its value proposition for years to come.

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When was Bitcoin halved?

The most recent Bitcoin halving took place on April 20, 2024. This event occurs approximately every four years, or more precisely, every 210,000 blocks. The next halving event is due to occur in another four years, in 2028.

What will the halving do to Bitcoin?

The Bitcoin halving reduces the block reward for miners by 50%, meaning the rate at which new Bitcoins enter circulation is cut in half. While the immediate impact on Bitcoin’s price may not be significant, the halving is expected to have long-term effects on the supply and demand dynamics of the cryptocurrency.

As the supply of new coins decreases, Bitcoin’s scarcity increases, which could potentially lead to price appreciation over time. However, it’s important to note that the relationship between halving events and price is not always straightforward and can be influenced by various market factors.

Did the Bitcoin halving just happen?

Yes, the most recent Bitcoin halving occurred on April 20, 2024. This event occurs approximately every four years, with previous halvings occurring in 2012, 2016, and 2020. The next halving is scheduled to happen in 2028.

What does the Bitcoin halving mean?

The Bitcoin halving is a preprogrammed event that is part of the cryptocurrency’s protocol. It is designed to control the supply of new bitcoins entering circulation and to maintain the scarcity of the digital asset. When a halving occurs, the block reward for miners, which is the amount of bitcoins they receive for successfully adding a new block to the blockchain, is reduced by 50%.

This reduction in the rate at which new coins are generated is intended to create a deflationary effect on the cryptocurrency over time. The halving also has implications for miners, as it affects their profitability and can lead to changes in the mining landscape. Overall, the Bitcoin halving is a significant event that showcases the cryptocurrency’s unique economic model and built-in scarcity mechanism.

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Patrick McGimpsey is a freelance writer passionate about crypto and its impact on the financial world. Currently working as the content lead for Australian startup CryptoTaxCalculator, Patrick has also covered the crypto industry for Canstar and The Chainsaw. Patrick has over seven years of experience in the crypto space and has previously shared his knowledge with the AML and fraud departments of Australian financial Institutions.

Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than 20 years' experience as a print and digital journalist, including with Australian Associated Press (AAP) and The Sun-Herald in Sydney. She is a former digital sub-editor on The Guardian and The Telegraph in the UK, and lives in Melbourne.