The Best TD Credit Cards in Canada 2023

As one of Canada’s “Big 5” banks, TD Bank has a lengthy roster of credit cards available to Canadians. The question is: which TD credit card is the best?

In truth, there’s no simple answer. The best TD credit card is going to depend on your unique circumstances. Are you looking for a rock-bottom interest rate? Or are rewards your primary target? Maybe saving on groceries and gas is a top priority. Whatever your goals, TD Bank has a credit card to help you achieve your goals. Keep reading to find out the best TD credit cards for you and your spending habits.

The Best TD Credit Cards in Canada

Best For Cash Back: TD Cash Back Visa Infinite* Card

Earn 10% Cash Back on all Purchases for the first 3 months† up to a total spend of $2,000. After your first $2,000 in Purchases, Gas Purchases, Grocery Purchases and Pre-Authorized Payments will continue to earn 6% up to a total spend of $3,500 for the first 3 months. Plus, first year no Annual Fee for the Primary and Additional Cardholders†. Conditions apply. Must apply online by September 5, 2023.

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If you’re looking to earn cash back on your everyday purchases at a great return, check out the TD Cash Back Visa Infinite* Card. Cardholders earn 3% in Cash Back Dollars on eligible grocery and gas purchases†, and on regularly recurring bill payments† set up on your account. All other card purchases earn at 1% cash back†. The deal gets even sweeter for new cardholders.

Earn 10% in Cash Back Dollars on all Purchases for the first 3 months† up to a total spend of $2,000. Plus, no Annual Fee for the first year†. Conditions Apply. Must apply online by September 5, 2023.

• After your first $2,000 in Purchases, Gas Purchases, Grocery Purchases and Pre-Authorized Payments will continue to earn 6% up to a total spend of $3,500 for the first 3 months.
• 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 and you must add your Additional Cardholders by September 6, 2023.

But what really places the TD Cash Back Visa Infinite* Card among Canada’s best cash back credit cards is its included perks and easy redemption. You can redeem your accumulated Cash Back Dollars to your balance at any time† (minimum $25)—your cash never expires as long as your account is open and in good standing.

Other included perks: cardholders are covered with travel medical insurance† and are automatically enrolled in the Deluxe TD Auto Club†.

The Details:

• Annual Fee: $139 (Annual fee rebate for first year)†
• Minimum Income Eligibility: $60,000 personal or $100,000 household annual income.
• Credit Score Required: Good;Excellent
• Welcome Offer: Earn 10% Cash Back on all Purchases for the first 3 months† up to a total spend of $2,000. After your first $2,000 in Purchases, Gas Purchases, Grocery Purchases and Pre-Authorized Payments will continue to earn 6% up to a total spend of $3,500 for the first 3 months. Plus, first year no Annual Fee for the Primary and Additional Cardholders†. Conditions apply. Must apply online by September 5, 2023.
• Additional Benefits: Includes travel insurance†, Mobile Device Insurance†, and Emergency Road Services with the Deluxe TD Auto Club Membership†
• Interest on Purchases: 20.99% | Interest on Cash Advances: 22.99%

†Terms and conditions apply.

This offer is not available for residents of Quebec. For Quebec residents, please click here.

Best For Travel: TD First Class Travel® Visa Infinite* Card

Earn up to $800 in value†, including up to 100,000 TD Rewards Points† and no Annual Fee for the first year†. Conditions Apply. Must apply by September 5, 2023.

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The TD First Class Travel® Visa Infinite* Card has a model that will reward you mightily if you use the ExpediaForTD.com site to make your travel purchases. 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†. If you’re a bargain hunter looking for travel deals, you can maximize your spending power by booking hotels, flights, cruises, and tours on ExpediaForTD.com.

Even if you’re not travelling right now, this is a good rewards card to carry in your wallet. You can redeem TD points for retail merchandise or gift cards (for stores like Costco, Canadian Tire, Rexall, etc.), or for a credit on your account. So even if you’re grounded at the moment, you can still cash in on rewards and save money. Or if you prefer, just put aside your TD Points for a future trip since they never expire as long as your account is open and in good standing.

As a cardholder, you’ll automatically receive a comprehensive suite of travel insurance including travel medical (up to $2 million in coverage)†, travel accident†, and trip cancellation coverage.† You can also take advantage of discounts on car rentals.†

It also has a Welcome Offer worth mentioning for New Cardholders:

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. Must apply by September 5, 2023.

• 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 and you must add your Additional Cardholders by September 6, 2023.

The Details:

• Annual Fee: $139 (first-year annual fee rebate) †
• Minimum Income Eligibility: $60,000 personal or $100,000 household annual income.
• Credit Score Required: Good;Excellent
• Welcome Offer: Earn up to $800 in value†, including up to 100,000 TD Rewards Points† and no Annual Fee for the first year†. Conditions Apply. Must apply by September 5, 2023.
• Other Perks: Travel insurance†, rental car discounts†
• Purchase APR: 20.99% | Cash Advance APR: 22.99%

†Terms and conditions apply.

This offer is not available for residents of Quebec. For Quebec residents, please click here.

Best For Rewards: TD Rewards Visa* Card

Earn a value of $65† in TD Rewards Points† to use on eligible Amazon.ca purchases plus, no Annual Fee. Conditions Apply. Must apply by September 5, 2023.

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When it comes to collecting rewards, the TD Rewards Visa* Card gets a lot right. Earn 4 TD Rewards Points for every $1 you spend when you book travel through Expedia® For TD†. Earn 3 TD Rewards Points for every $1 you spend on Groceries and Restaurants†. Earn 2 TD Rewards Points for every $1 you spend on regularly recurring bill payments set up on your Account†. Earn 1 TD Rewards Points For every $1 you spend on other Purchases made using your Card†. The welcome bonus also gets you off to a good start.

New cardholders who apply by September 5, 2023 can earn 19,697 TD Rewards Points† (a value of $65 on Amazon.ca†) by keeping their Account open, active and in good standing for the first 90 days†, plus there is no Annual Fee.

Additionally, the TD Rewards program is super flexible, with redemptions available on everything from travel to merchandise to cash applied to your credit card balance to the aforementioned purchases on Amazon.ca with Amazon Shop with Points. Conditions apply. See more details here.

The strength of this card is in its rewards-earning potential, and it doesn’t have many premium perks. However, cardholders do get discounts on car rentals† . That said, when you take into consideration that the card commands no annual fee, the value is clear.

The Details:

• Annual Fee: $0
• Minimum Income Eligibility: N/A
• Credit Score Required: Good;Excellent
• Welcome Bonus: Earn a value of $65† in TD Rewards Points† to use on eligible Amazon.ca purchases plus, no Annual Fee. Conditions Apply. Must apply by September 5, 2023.
• Additional Perks: Discounts at Avis and Budget Rent A Car†
• Purchase APR: 19.99% | Cash Advance APR: 22.99%

†Terms and conditions apply.

This offer is not available for residents of Quebec. For Quebec residents, please click here.

Best For Aeroplan Collectors: TD® Aeroplan® Visa Infinite* Card

Best Offer yet for the TD® Aeroplan® Visa Infinite* Card: Earn up to $1,600 in value† including up to 70,000 Aeroplan points†. Conditions Apply. Must apply by September 5, 2023.

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If you’re an avid Aeroplan collector, consider adding the TD® Aeroplan® Visa Infinite* Card to your wallet. You can really rack up the points with this card, as cardholders earn points with every dollar spent. 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 Aeroplan point† for every $1 spent on all other purchases made with your card. Even better, purchases made at participating Aeroplan partners and online retailers via the Aeroplan eStore earn double the rewards when you pay with your Aeroplan credit card and present your Aeroplan membership card†.

Plus, 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. Learn more here.

In addition to everyday earnings, this card also offers a substantial welcome bonus. Here’s what it entails:

Earn up to $1,600 in value†, including up to 70,000 Aeroplan points† and additional travel benefits. Must apply by September 5, 2023.

• Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card†

• Earn 40,000 Aeroplan points when you spend $5,000 within 180 days of Account opening†

• Plus, earn an anniversary bonus of 20,000 Aeroplan points when you spend $7,500 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†

A common assumption is that you can only redeem Aeroplan points for flights. Not true! Aeroplan points can be redeemed for a wide range of travel rewards (flights, hotel stays, car rentals, vacation packages) as well as experiential rewards, like event tickets, merchandise, and gift cards. You can also donate your points to select charities or transfer them to another member.

Other cardholder benefits include travel† and rental car insurance†, and exclusive perks like one free checked bag for you and up to 8 travel companions on the same reservation for Air Canada® flights†.

The Details:

• Annual Fee: $139
• Income Eligibility: $60,000 personal or $100,000 household annual income
• Credit Score Requirement: Good;Excellent
• Welcome Offer: Best Offer yet for the TD® Aeroplan® Visa Infinite* Card: Earn up to $1,600 in value† including up to 70,000 Aeroplan points†. Conditions Apply. Must apply by September 5, 2023.
• Additional Perks: Travel insurance†, Auto Rental Collision/Loss Damage Insurance†, and no Aeroplan points expiry for cardholders as long as your account is in good standing
• Purchase APR: 20.99% | Cash Advance APR: 22.99%

†Terms and conditions apply.

This offer is not available for residents of Quebec. For Quebec residents, please click here.

Comparing TD Credit Cards Canada

†Terms and conditions apply.

The offer for the TD Cash Back Visa Infinite* Card is not available for residents of Quebec. For Quebec residents, please click here.

The offer for the TD® First Class Travel® Visa Infinite* Card is not available for residents of Quebec. For Quebec residents, please click here.

The offer for the TD Rewards Visa* is not available for residents of Quebec. For Quebec residents, please click here.

The offer for the TD® Aeroplan® Visa Infinite* Card is not available for residents of Quebec. For Quebec residents, please click here.

Final Call: Which TD Credit Card Is Best?

There are some solid options when it comes to TD credit cards in Canada, but ultimately, the best card depends on what you want to get out of it. To decide, consider your eligibility in terms of minimum annual income, your needs and spending habits, and how much you want to pay in annual fees. If you’re a higher income earner ($60k and up), you’re eligible to apply for TD’s premium credit cards. These cards charge an annual fee but come with premium perks ranging from travel rewards, points that can be cashed in for groceries and gas, cash back on your credit card statements, and insurance benefits. In essence, premium cards pay for themselves and are worth the modest annual fee.