rewards3.4 / 5

TD Rewards Visa Card

Best for

Budget-conscious spenders who want no-fee points on everyday categories with flexible redemption.

Apply on TD

Annual fee

None

FX fee

2.5%

Purchase APR

21.99%

Income req.

—

Recommended credit score

640+

Approval difficulty

Moderate approval

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

~$76 value

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

Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.

Written by

The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“TD Rewards Visa Card Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/td-rewards-visa, updated June 2026.

Sources

TD cardholder agreement and rates & fees disclosure
VaultNerd cards database