How much are TD Rewards points worth?
About 0.5¢ each for a typical redemption. Enter your balance below to see what it's really worth — and how it compares to every other Canadian program.
Fixed value — 200 points = $1 when booked through Expedia for TD. Straightforward, but among the lowest per-point values in Canada.
Typical range 0.4¢–0.5¢ per point. What you actually get depends entirely on how you redeem.
| Program | ¢ / point | Value |
|---|---|---|
| Aeroplan | 2.1¢ | $1,050.00 |
| Amex Membership Rewards | 2¢ | $1,000.00 |
| RBC Avion Rewards | 1.7¢ | $850.00 |
| CIBC Aventura | 1.3¢ | $650.00 |
| Air Miles (Dream) | 1.2¢ | $600.00 |
| Scene+ | 1¢ | $500.00 |
| WestJet Dollars | 1¢ | $500.00 |
| Marriott Bonvoy | 0.9¢ | $450.00 |
| BMO Rewards | 0.7¢ | $350.00 |
| TD Rewards | 0.5¢ | $250.00 |
| PC Optimum | 0.1¢ | $50.00 |
Comparing the same raw balance across programs. In practice you earn very different numbers of points per dollar in each — a TD Rewards point is worth less, but you earn many more of them.
A TD Rewards point is worth roughly 0.5¢ (range 0.4¢–0.5¢). Fixed value — 200 points = $1 when booked through Expedia for TD. Straightforward, but among the lowest per-point values in Canada.
TD Rewards points value chart
| Points | Poor redemption | Typical | Great |
|---|---|---|---|
| 10,000 | $40.00 | $50.00 | $50.00 |
| 25,000 | $100.00 | $125.00 | $125.00 |
| 50,000 | $200.00 | $250.00 | $250.00 |
| 100,000 | $400.00 | $500.00 | $500.00 |
Frequently asked questions
How much is a TD Rewards point worth?
About 0.5 cents each as a baseline, with a realistic range of 0.4¢ to 0.5¢ depending on how you redeem. That makes 50,000 points worth roughly $250.00.
How do I get the most from TD Rewards points?
Fixed value — 200 points = $1 when booked through Expedia for TD. Straightforward, but among the lowest per-point values in Canada.
Can I transfer TD Rewards points to another program?
TD Rewards points can't be transferred to airline or hotel partners. They're redeemed within the program itself, which makes their value predictable but caps the upside.
Other programs
Researching and writing about Canadian rewards programs and travel since 2026.
“TD Rewards Points Value Calculator — VaultNerd” — VaultNerd, https://www.vaultnerd.com/tools/points-value-calculator/td-rewards, updated August 2026.
- TD Rewards published award chart / redemption rates
- VaultNerd point valuations, reviewed quarterly