TD Rewards Visa Card
Budget-conscious spenders who want no-fee points on everyday categories with flexible redemption.
VaultNerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
A surprisingly strong no-fee rewards card for groceries, dining and transit. Just redeem through Expedia For TD rather than Amazon to maximize point value.
Reward rates
Expedia For TD bookings 4 TD Rewards Points per $1 when you book travel through Expedia For TD | 4x |
Groceries | 3x |
Dining | 3x |
Public transit | 3x |
Recurring bill payments | 2x |
Streaming, digital gaming & media | 2x |
All other purchases | 1x |
VaultNerd values these points at ~0.5¢ each.
Welcome bonus
Earn 15,152 TD Rewards Points (TD advertises this as a $50 value on Amazon.ca; worth about $76 toward travel through Expedia For TD at 0.5 cents per point).
Requirement: Spend $500 within 90 days of account opening
Pros
- Best-in-class no-fee earn on groceries, dining and transit (3x)
- Mobile device insurance is rare on a no-fee card
Cons
- TD Rewards Points have low value (~0.5 cents, less at Amazon)
- No travel insurance coverage
Perks
- No annual fee and free additional cardholders
- Redeem points at Amazon.ca with Shop with Points
- Earn 50% more points at Starbucks when you link your card
- No travel blackouts, seat restrictions or point expiry
- Mobile device insurance included
Insurance
- Purchase security and extended warranty protection
- Mobile device insurance
Frequently asked questions
Is the TD Rewards Visa Card worth it?
It has no annual fee, and we rate it 3.4 out of 5. It's best suited to budget-conscious spenders who want no-fee points on everyday categories with flexible redemption. The welcome bonus is worth roughly $76, which covers the first year for many people. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the TD Rewards Visa Card earn?
It earns 4x on expedia for td bookings, 3x on groceries and 3x on dining. We value these points at about 0.5¢ each, so the top rate works out to roughly 2.0% back.
What credit score do you need for the TD Rewards Visa Card?
We'd suggest a score of around 640 or higher, which puts approval in our "moderate" band. This is a VaultNerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed June 2026 · How we research
“TD Rewards Visa Card Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/td-rewards-visa, updated June 2026.
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