The TD Cash Back Visa Infinite Card is a premium Canadian credit card that offers cash back rewards on everyday spending categories. Cardholders can earn 3% cash back on eligible purchases in categories like groceries, gas, and recurring bill payments, and 1% on all other purchases. The card includes an annual fee of $139, which can be rebated in the first year with a qualifying offer and annually thereafter with a TD All-Inclusive Banking Plan. It also provides a suite of travel and automotive insurance benefits not commonly found on cash back cards.
Cash Back Earnings Structure
The TD Cash Back Visa Infinite Card uses a tiered rewards structure based on merchant category codes. Purchases at merchants classified as Grocery Stores and Supermarkets, Gas Service Stations, and for Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming & Media services earn 3% in Cash Back Dollars. All other purchases that are not in these specified categories earn a flat rate of 1% cash back. The earnings are automatic and applied to the account as Cash Back Dollars, which are a form of reward currency. There is no stated monthly or annual cap on the amount of cash back that can be earned in the 3% categories, allowing for consistent rewards on eligible spending.
Rewards are earned only on eligible purchases, and the merchant's classification is determined by the Visa payment network. It is important for cardholders to understand that not all merchants within a broad category may be coded correctly, which can affect reward earnings. For example, a warehouse club that sells groceries may not be classified under the grocery store code. The 1% earnings rate applies as a catch-all for any purchase that does not meet the criteria for the higher tier. The cash back dollars do not expire as long as the account remains open and in good standing with TD.
Fees and Interest Rates
The card carries an annual fee of $139, which is charged to the account on each anniversary of the account opening. A primary cardholder can add up to three additional cardholders to the account, with a fee of $50 for the first additional card and no fee for subsequent additional cardholders. The standard purchase interest rate for carrying a balance is 21.99% per annum. For cash advances, including those taken at a PLUS network ATM either in Canada or internationally, TD charges a fee of $3.00 per transaction in addition to applicable interest charges.
Cardholders have avenues to offset the annual fee. A promotional offer provides a rebate for the first-year annual fee if the card is activated and the first purchase is made within three months of account opening. Furthermore, on an ongoing basis, the annual fee is rebated every year for primary cardholders who maintain a TD All-Inclusive Banking Plan. This banking plan has its own monthly fee, but the credit card fee waiver is a standard benefit of that account package. All fees and rates are current as of April 30, 2025, and are subject to change by TD.
Welcome Offer and Promotional Details
TD frequently promotes a welcome offer for new applicants. As of 2025, the offer provides up to $600 in total value, which includes two main components. The first is a 10% cash back rate on bonus eligible purchases made during the first three months of account opening, applicable on up to $3,500 in total spending. The second component is a rebate of the $139 annual fee for the first year. To qualify for the first-year annual fee rebate, the primary cardholder must activate the card and make the first purchase on the account within the first three months after opening.
The same three-month activation and first purchase rule applies for receiving a fee rebate for the first additional cardholder, if one is added while the offer is in effect. It is crucial to note that promotional offers may be changed, withdrawn, or extended by TD at any time and typically cannot be combined with any other offers unless explicitly stated. The offer's total value is an estimate that combines the potential cash back from the 10% promotional rate and the fee savings. Cardholders should review the most current terms at the time of application, as offers are subject to change.
Redemption and Account Management
Redeeming accumulated Cash Back Dollars is designed to be flexible. Cardholders can redeem their rewards at any time through the TD EasyWeb online banking platform or the TD Mobile App. There is a minimum redemption threshold of $25 in Cash Back Dollars required to process a redemption request. The redeemed cash back can be applied as a statement credit to help pay down the account balance, providing direct savings on amounts owed. There is no requirement to save points for large redemptions or wait for a specific time of year.
The cash back dollars remain valid indefinitely, provided the credit card account is kept open and in good standing, meaning payments are made on time and the account is not in default. This no-expiry policy allows cardholders to accumulate rewards without pressure to use them. Account management also includes the ability to link the card to a Starbucks Rewards account to earn more stars at participating locations. Furthermore, eligible cardholders can access a six-month free trial of Uber One membership, followed by a 20% discount on Uber services, though specific conditions apply to these partner offers.
Insurance and Cardholder Benefits
The TD Cash Back Visa Infinite Card includes several insurance coverages that extend beyond its cash back function. It provides Travel Medical Insurance for trips taken outside of the cardholder's province of residence, which is a notable benefit for a cash back card. For automotive needs, the card comes with a Deluxe TD Auto Club Membership, which offers Emergency Road Services such as towing, lockout service, and tire changes. These benefits are automatically included when the card is used to pay for travel or as the primary card for the account.
Cardholders also receive access to various perks and offers from TD and partner merchants. The full details of all insurance coverages, including benefit limits, eligibility requirements, and exclusions, are outlined in the card's Benefit Coverages Guide. It is the responsibility of the cardholder to review this guide to understand the scope of protection. The inclusion of these benefits aims to provide a more comprehensive financial tool, combining everyday rewards with protection for travel and automotive emergencies.
Application Process and Eligibility
Applications for the TD Cash Back Visa Infinite Card can be completed online, with applicants typically receiving an instant response regarding their credit decision. The application requires standard personal and financial information. This includes the applicant's full legal name, date of birth, home address, phone number, and email address. Applicants must also disclose their employment status, gross annual income, and residential status to allow for an assessment of creditworthiness. Prospective cardholders can also apply by speaking with a banking specialist at a TD branch or by calling customer service.
The primary cardholder remains liable for all charges to the account, including those made by any additional cardholder. A maximum of three additional cardholders are permitted on the account. You can apply for the card online for an instant response, meet with a banking specialist in person, or speak with one over the phone. The application requires you to share personal information such as your full legal name, date of birth, home address, phone number, email address, employment status, gross annual income, and residential status.
Key Steps to Qualify for the First-Year Benefits
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 three months after account opening. To receive the first additional cardholder first-year annual fee rebate, you must add your first additional cardholder while the offer is in effect. The offer may be changed, withdrawn, or extended at any time. It cannot be combined with any other offer unless otherwise indicated.
- Activate your new TD Cash Back Visa Infinite Card upon receipt.
- Make your first purchase on the account within the first three months after account opening to qualify for the primary cardholder annual fee rebate.
- If adding an additional cardholder, do so while the promotional offer is in effect to be eligible for their first-year fee rebate.
- Spend on bonus eligible purchases during the first three months to earn the 10% promotional cash back rate.
- Note that the total spend eligible for the 10% rate is capped at $3,500 during the promotional period.
- Review the offer terms at the time of application, as they may change and cannot usually be combined with other offers.
Following these steps ensures you receive the welcome offer, which includes up to $600 in total value. This value includes 10% in cash back dollars in the first three months on bonus eligible purchases up to a total spend of $3,500. It also includes an annual fee rebate for the first year. Conditions apply to this offer.
Important Fees and Charges
The TD Cash Back Visa Infinite Card has an annual fee of $139. There is a fee of $50 for the first additional cardholder, but it is $0 for subsequent additional cardholders. If you complete a cash advance at a PLUS network ATM in Canada or outside of Canada, you are charged a fee of $3.00. The purchase interest rate for the card is 21.99%.
- Annual Fee: $139, charged each account anniversary.
- First Additional Cardholder Fee: $50.
- Subsequent Additional Cardholder Fee: $0.
- Cash Advance Fee at a PLUS network ATM: $3.00 per transaction, plus interest.
- Purchase Interest Rate: 21.99% per annum on unpaid balances.
- Cash Advance Interest Rate: Interest accrues immediately on cash advances at a rate typically higher than the purchase rate.
Common Considerations and Merchant Categories
Understanding which purchases qualify for the 3% cash back rate is essential for maximizing this card's rewards. The classification relies entirely on the Merchant Category Code (MCC) assigned by Visa, not the cardholder's perception of the purchase. For instance, a purchase at a specialty food store or a wholesale club may not code as a grocery store. Similarly, a digital subscription for a news website may not qualify under the streaming and digital media category if the merchant uses a different MCC. Cardholders should monitor their statements to see how purchases are categorized.
Another consideration is the value proposition relative to the annual fee. The card's benefits are most advantageous for individuals who spend significantly in the 3% categories and who can utilize the included insurance benefits. The ability to waive the annual fee with a TD All-Inclusive Banking Plan changes the cost calculation for existing TD bank customers. Finally, the promotional welcome offer provides substantial initial value, but the long-term value depends on ongoing spending habits and whether the card's benefits align with the cardholder's lifestyle.
Frequently asked questions
What is the welcome offer for this card?
The welcome offer allows you to earn up to $600 in total value. This includes 10% in cash back dollars in the first three months on bonus eligible purchases up to a total spend of $3,500. It also includes an annual fee rebate for the first year. Conditions apply to this offer.
How do I redeem my cash back dollars?
You can redeem your cash back dollars at any time through TD EasyWeb or the TD Mobile App. You can redeem them to help pay down your account balance. There is a minimum redemption amount of $25. Your cash back dollars never expire as long as your account is open and in good standing.
What purchases earn 3% cash back with the TD Cash Back Visa Infinite?
You earn 3% in Cash Back Dollars on purchases in six specific categories. These categories are Grocery, Gas and Electric Vehicle Charging, Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming and Media purchases. This rate applies to purchases at merchants classified by the Visa payment network's Merchant Category Codes for these categories, such as grocery stores and supermarkets under MCC 5411. All other purchases earn 1% in Cash Back Dollars. The card's strong earn rate on these everyday expenses is a key feature, making it a competitive cash back option in Canada.
How much is the annual fee and can it be waived?
The TD Cash Back Visa Infinite has an annual fee of $139. This fee can be waived in two ways. First, as part of the welcome offer, you can receive an annual fee rebate for the first year if you activate your card and make your first purchase within three months of account opening. Second, you can get an annual fee rebate every subsequent year if you maintain a TD All Inclusive Banking Plan. This dual rebate structure provides significant value, especially when combined with the card's other rewards and benefits.
What insurance benefits come with the card?
The TD Cash Back Visa Infinite includes notable insurance benefits, which are rare for a cash back card. It provides travel benefits such as Travel Medical Insurance. For automotive needs, it offers benefits like Emergency Road Services through the Deluxe TD Auto Club Membership. These coverages add substantial value beyond the cash back earnings. Full details on all benefit terms, conditions, and exclusions are available in the card's official Benefit Coverages Guide, which cardholders should review to understand their coverage.
How do I apply for the TD Cash Back Visa Infinite Card?
You can apply for the TD Cash Back Visa Infinite Card through several convenient methods. The primary method is to apply online through the TD website for an instant response. Alternatively, you can meet with a banking specialist in person at a local branch or speak with one over the phone. The application requires you to provide mandatory personal information. This includes your full legal name, date of birth, home address, phone number, email address, employment status, gross annual income, and residential status to complete the process.
Sources and further reading
- TD Cash Back Visa Infinite* Card | TD Canada Trust td.com
- TD Cash Back Visa Infinite* Card, overview ratehub.ca
This article explains how things work and is not financial, tax or legal advice. Rules, limits and rates change, so check the current figures with the Canada Revenue Agency, your province or your financial institution before you act.