Looking for a travel rewards card that offers flexible redemption options, points that never expire, yearly travel credits, and exclusive perks?
The TD Cash Back Visa Infinite is made for Canadians who spend a lot at gas stations and grocery stores. With this card, you get 3% cash back on fuel and food. You also get cash back on other things you buy, but at lower rates. Sometimes, TD offers special deals for new cardholders.
This card is part of TD’s Visa Infinite* collection, which is a step above regular cards. It comes with extra perks like insurance and protections, on top of the cash back rewards. To get this card, you need to meet some requirements. TD lets you apply online or at their branches.
This guide will give you all the details on the TD Cash Back Visa Infinite. You’ll learn about its benefits, how to qualify, what you’ll earn on different purchases, fees, how it compares to other cards, and examples of its value. This will help you see if it’s the right cash back card for you.
TD Cash Back Visa Infinite* Card
Key Takeaways
- TD Cash Back Visa Infinite pays 3% cash back on gas and groceries, ideal for heavy spenders in those categories.
- The card is positioned as a Visa Infinite product, so higher income and credit standards often apply.
- Expect 1% or similar on other purchases, plus periodic welcome or limited‑time promotions from TD.
- Applications are possible online or at a TD branch, with supporting documents required for approval.
- Use this card if gas and grocery savings outweigh the annual fee compared with no‑fee alternatives.
TD Credit Cards in Canada: A Quick Comparison – Cash Back, First Class Travel, and Aeroplan
Toronto-Dominion Bank (TD) offers a variety of Visa Infinite credit cards in Canada, each tailored to a specific type of rewards user: those who prefer cash back, flexible travel points (TD Rewards), or airline miles (Aeroplan).
This comparison highlights the most popular version in each category — the TD Cash Back Visa Infinite*, TD First Class Travel Visa Infinite*, and TD Aeroplan Visa Infinite* — to help you choose which one best suits your lifestyle.
Feature Comparison
| Feature | TD Cash Back Visa Infinite* | TD First Class Travel Visa Infinite* | TD Aeroplan Visa Infinite* |
|---|---|---|---|
| Primary Focus | Money Back (Cash Back) | Flexible Travel Points (TD Rewards) | Air Miles (Aeroplan) |
| Annual Fee (Base) | ≈ $139 (First year often waived) | ≈ $139 (First year often waived) | ≈ $139 (First year often waived) |
| High Earning Rate | 3% on groceries, gas, and recurring bills | 8 points per $1 on travel booked through Expedia for TD | 1.5 points per $1 on gas, groceries, and Air Canada purchases |
| Travel Insurance | Emergency medical coverage (up to 10/21 days) | Comprehensive travel insurance (21 days) | Full travel protection, including emergency medical |
| Unique Travel Perk | Deluxe TD Auto Club roadside assistance | $100 annual travel credit + 4 airport lounge passes | Free first checked bag for you and up to 8 travel companions |
| Minimum Income Requirement | $60,000 (personal) / $100,000 (household) | $60,000 (personal) / $100,000 (household) | $60,000 (personal) / $100,000 (household) |
1. TD Cash Back Visa Infinite – The Everyday Saver*
Purpose: Designed for cardholders who prefer direct financial rewards instead of points or miles.
Value: Earn up to 3% cash back on essential spending such as groceries, gas, and recurring bill payments — some of the most common expense categories for Canadian households.
Exclusive Benefit: Includes Deluxe TD Auto Club membership, which provides 24-hour roadside assistance, adding practical value beyond rewards.
This card is ideal for families and everyday users who prioritize simplicity and guaranteed savings.
2. TD First Class Travel Visa Infinite – The Flexible Traveller*
Purpose: Perfect for those who value freedom and flexibility when it comes to travel bookings.
Value: Earns 8 TD Rewards Points per $1 when booking travel through Expedia for TD, along with high earning rates on dining, groceries, and recurring bills. Points can be redeemed to cover flights, hotels, tours, or any travel purchase, giving cardholders maximum flexibility.
Exclusive Benefit: Includes a $100 annual travel credit and four complimentary airport lounge visits through the Visa Airport Companion Program. It also provides the most comprehensive travel insurance package among TD’s Visa Infinite cards.
This card is best for frequent travelers who like to plan and book trips their own way, while earning valuable and flexible travel rewards.
3. TD Aeroplan Visa Infinite – The Air Canada Loyalist*
Purpose: Tailored for travelers who frequently fly with Air Canada and want to earn Aeroplan points toward flights, upgrades, and travel perks.
Value: Earn 1.5 points per $1 spent on gas, groceries, and Air Canada purchases, plus 1 point per $1 on all other spending.
Exclusive Benefit: Includes priority travel privileges with Air Canada — such as a free first checked bag for the primary cardholder and up to eight companions on the same reservation. This feature alone can result in substantial savings every year.
This card is ideal for loyal Air Canada travelers who want to maximize flight rewards and enjoy elite travel benefits.
In Summary
Each TD Visa Infinite card caters to a different type of spender:
- 💰 TD Cash Back Visa Infinite* – Best for everyday users who want immediate, effortless savings through cashback.
- ✈️ TD First Class Travel Visa Infinite* – Ideal for flexible travelers seeking high rewards and premium travel perks.
- 🛫 TD Aeroplan Visa Infinite* – Perfect for Air Canada frequent flyers who want exclusive airline benefits and Aeroplan mile accumulation.
In short, the right choice depends on your spending style — whether you value cash savings, travel flexibility, or Air Canada loyalty perks, TD has a premium Visa Infinite card tailored just for you.
TD First Class
Overview of the TD Cash Back Visa Infinite* Card – 3% cash back on gas and groceries
The TD Cash Back Card lets you earn more from your gas and grocery buys. You can get 3% cash back on these purchases. Plus, it offers Visa Infinite* benefits like insurance for travel and shopping. You can get your cash back through statement credits or by depositing into a TD account, all within the program’s rules.
Quick summary of key benefits
With this card, you get 3% back on groceries and fuel from qualifying places. There’s also a 1% return on almost everything else. Expect Visa Infinite* benefits, including insurance options. Sometimes, there might be special welcome offers. Always check the latest details from TD.
Who the card is best suited for in Canada
It’s great for those who often fuel up their cars and families that have a regular grocery list. People who bank with TD and like their rewards directly deposited will also enjoy this card. If you don’t mind a yearly fee for better rewards, this card is for you.
However, if you don’t spend much on gas or groceries, or you prefer a card without a fee, think twice. For most Canadians, it’s important to compare the yearly fee with the rewards you expect to get. This helps decide if the TD Cash Back Visa Infinite is a smart choice.
How the 3% cash back categories work
To earn 3% back, your groceries need to be from big supermarkets and certain store chains. For gas, it counts at stations that register as fuel sellers. Merchant category codes (MCCs) are used to see if a purchase qualifies, which means some places might not count.
For example, buying gas at a supermarket or groceries at a convenience store might not qualify. Before you count on getting cash back, check with TD about how places code. Learning to manage cash back in Canada means understanding these codes. Keep your receipts if there’s ever a doubt.
Eligibility and application process for Canadian residents
First, check if you meet the TD Cash Back card’s basic requirements. For Visa Infinite* cards, you’ll need to meet certain income and credit scores. It’s good to know these requirements to avoid any hold-ups and boost your chances of getting approved.
Minimum income and credit score considerations
Visa Infinite* cards often require you to earn at least $60,000 personally or $100,000 with your family. This is a common requirement for the TD Visa Infinite card. But, it’s best to double-check these numbers on TD’s website or talk to their team.
Having a good credit history is also crucial. For TD Visa Infinite, aim for a credit score of 700 or more. Higher scores may improve your chances of getting approved and could get you better offers.
Required documents and how to apply online or in-branch
Before applying, make sure you have all necessary documents. You’ll need a government-issued ID (like a passport or driver’s license), latest pay slips, your most recent Notice of Assessment from the CRA, T4 slips, proof of your address, and details of your TD account if you’re linking accounts.
To apply, you have three options: online through TD’s secure site, in person at a TD Canada Trust branch, or over the phone with a TD rep. Many people get a quick pre-approval online, with the final approval coming after your documents are checked.
Tips to improve approval chances
There are easy ways to improve your chances of approval. Reducing your debt helps a lot. Before applying, check your credit report with Equifax and TransUnion for mistakes. It’s also important to have a stable job and current income records.
Try not to apply for too many credits quickly. Using a TD bank account or including your family’s income might help. If TD has a pre-qualification option, use it. It can tell you if you’re likely to get the card without a full credit check.
| Step | What to prepare | Expected timeline |
|---|---|---|
| Pre-check | Use TD pre-qualification or review TD Visa Infinite income requirement and credit score TD Visa Infinite guidelines | Minutes online; soft check |
| Apply online | Government ID, pay stubs, Notice of Assessment, TD account info | Instant pre-approval possible; final in days |
| Apply in-branch | Same documents plus photo ID; get help from a representative | Same-day submission; verification may take days |
| Phone application | Documents to upload or bring to branch if requested | Decision similar to online applications |
| After approval | Provide any requested verification documents promptly | Card usually mailed within 7–10 business days |
Rewards structure and earning rates
The TD Cash Back Visa Infinite* card has a straightforward earning system. You get more cash back for certain things you buy. Let’s dive into the details on how much you can earn, any limits, and when you’ll see your cash back.
Detailed breakdown: 3% on gas and groceries, other categories
You get 3% cash back on gas and groceries at major places like Loblaws, Sobeys, and Metro. This also includes major gas stations such as Petro-Canada and Esso. But, watch out for some exceptions, like buying at warehouse clubs or certain grocery items, which might earn less or nothing at all.
For most other things you buy, you earn 1% cash back. Sometimes, there are special deals that can increase this percentage. So, it’s good to stay updated with TD’s news for any bonus opportunities.
Capped versus uncapped rewards — what to expect
People often wonder if there’s a limit on how much cash back they can earn on gas and groceries. Right now, TD doesn’t set a limit for these purchases. But, remember, policies may change, so always check the latest terms from TD.
If there were limits, it would work like this: you’d get 3% back only up to a certain amount. After that, it drops to 1%. Make sure to read the details carefully for any promotions to understand if there’s a cap or a specific time you must use them by.
How rewards post and timing for cash back deposits
Cash back is added to your account after your purchase is fully processed. You’ll see this on your statement around the same time the transaction settles. You can either get this as a credit on your statement or as a deposit into a TD bank account, depending on what you choose.
Typically, cash back shows up monthly with your statement. Sometimes, there might be a short wait due to processing times. TD might set a minimum amount before you can get your cash back, or they might group your earnings and add them at a specific time.
With the TD app or online banking, you can watch your cash back grow. This helps to track your earnings and catch any issues quickly.
Comparison with other Canadian cash back cards
We compare the TD Cash Back Visa Infinite* with big competitors. We explore differences in what you earn, fees, insurance, and offers. This shows where TD does well and where not, helping you choose the best card.
How it stacks up against competitor cards for gas and groceries
TD offers 3% back on gas and groceries. This rate is as good as or better than Scotiabank, RBC, BMO, and CIBC for these buys. Cards like the Scotiabank Momentum Visa Infinite and the CIBC Dividend Visa Infinite often have similar or lower rates.
RBC and BMO sometimes have special deals on groceries or gas. These deals can give them a short-term edge over TD. BMO and CIBC welcome offers can also make them more appealing in the first year.
Pros and cons compared to no-fee cash back cards
Pros: TD gives you more back for gas and groceries. It also offers Visa Infinite benefits and better insurance than most no-fee cards.
Cons: The yearly fee might not work for people who don’t spend a lot. Some no-fee cards from RBC or Scotiabank offer okay returns with no fee at all. They are often better for people who don’t buy much gas or groceries.
When to choose this card over travel or points cards
Choose TD for easy cash back on everyday needs over tricky point systems. Getting cash back for often-bought items like groceries and gas is simpler than using points with specific rules or programs.
Travel and points cards might be better for people who fly a lot and get lots of value from their points. But for many Canadians who want consistent savings on basics, TD’s straightforward cash back is usually the better deal.
| Card | Typical gas/grocery rate | Annual fee | Notable strength |
|---|---|---|---|
| TD Cash Back Visa Infinite* | 3% on gas & groceries | Annual fee applies | Strong core rates, Visa Infinite insurance |
| Scotiabank Momentum Visa Infinite | 2–3% in key categories | Annual fee applies | Good for recurring categories and promos |
| CIBC Dividend Visa Infinite | 2–3% on select spending | Annual fee applies | Competitive welcome offers |
| BMO CashBack World Elite | 2–3% with bonuses | Annual fee applies | Strong first-year value and perks |
| No-fee cash back cards | 0.5–2% general | No fee | Best for low spenders who want no annual cost |
Consider your own monthly spend on groceries and gas when comparing TD with other cards. Checking the benefits of cash back against points can show when one is simpler or more rewarding. For many people in Canada, the TD card is a good mix of rewards and benefits.
Fees, interest rates and additional costs
Understanding the costs of this card is crucial. We’re going to look at the main charges, how interest is calculated, and other fees. This way, you can decide if the rewards are worth it for you.
Annual fee and whether it’s worth the value
The TD Cash Back Visa Infinite has a $120 yearly fee. To offset this fee with the 3% cashback rate, you’d need to spend about $3,333 a year on groceries and gas. That’s roughly $278 a month. Benefits like smoother redemption for TD bank account holders, insurance, and Visa Infinite perks might make it more valuable. Especially for those who travel a lot or have families. However, if you don’t spend much, the fee might not seem worth it.
Purchase APR, cash advance APR and penalty rates
TD’s APRs for purchases and cash advances vary based on your credit score. Purchase APRs for Visa Infinite cards are typically between 19.99% and 22.99%. Cash advances have higher APRs and interest starts right away. There’s also a transaction fee for cash advances.
Missing payments can lead to penalty rates and extra fees, making borrowing more expensive. But, by paying off your full balance each month, you avoid interest on purchases. This helps you keep the full value of the 3% cash back.
Foreign transaction fees and other incidental charges
TD usually charges a 2.5% fee for foreign transactions in non-CAD currencies. This fee can lower the rewards you get when you use your card outside of Canada. Other fees can include charges for returned payments, balance transfers, and extra cards. If you often travel or shop internationally, look for cards that don’t charge foreign transaction fees or are specifically for travelers. This can help you save on costs.
Do this quick calculation: multiply your monthly spending on gas and groceries by 0.03 and see if it’s more than the $120 annual fee. This can help you decide if the TD Cash Back card matches your spending and travel needs.
Cardholder perks, insurance and protections
The TD Cash Back Visa Infinite card offers a variety of important insurance and benefits for Canadians. Here’s a quick overview of the key features and tips on what to look for.
Travel and purchase insurance benefits included
With the TD card, you get emergency medical travel insurance, trip cancellation, and more. You also get coverage for rental cars and extra protection for purchases. Remember, coverage varies and may depend on paying fully with the card.
Items bought can be protected against loss, theft, or damage shortly after purchase. Manufacturer’s warranties can be extended by up to a year. Always check TD’s insurance documents for detailed coverage info and document requirements.
Fraud protection and Visa Infinite* exclusive services
Visa’s policy means you won’t pay for unauthorized transactions if you report them as instructed. Chip security reduces fraud risk. TD actively monitors for suspicious activities and helps online.
Being a Visa Infinite cardholder in Canada offers help worldwide and premium services. Prompt fraud reporting to TD is crucial for fast help and getting money back.
Additional perks: concierge, offers and merchant discounts
Need help booking a table or planning a trip? Visa Infinite concierge services have you covered. Enjoy special offers from TD Rewards and discounts on purchases from partner merchants.
Find deals and discounts with the TD app and Visa Offers. Save all shopping records for possible claims on purchase protection or insurance benefits.
Maximizing cash back and smart usage tips
Small steps can really add up when trying to get the most TD cash back. Make sure to use your card for purchases that earn you 3%. Also, connect your card with TD accounts for easy cash back transfers. Always pay off your balance to avoid losing rewards to interest charges.
Best practices for earning 3% on gas and groceries consistently
Always use your TD Cash Back Visa Infinite for groceries and gas. This way, you avoid losing out on rewards due to split payments. Check your receipts and monthly statements to make sure your purchases are counted correctly.
If you buy from supermarkets that also sell gas, pay attention. Some purchases might count as gas but not groceries. Reach out to TD quickly if there’s a mistake with your cash back.
Combining with mobile wallets, store cards and promotions
Connect your card with mobile payments like Apple Pay for easy and secure payments that earn cash back. Link your card with loyalty programs and use coupons to save even more. This helps you get the best deal out of cash back and promotions.
Be careful with services like PayPal. They might change how your purchase is categorized and affect your cash back. Try a small purchase first to see how it’s coded.
Avoiding common pitfalls that reduce rewards
There are purchases that won’t earn you cash back, like gift cards. Also, returns can cancel out any rewards you earned, so keep your receipts safe until you’re sure everything matches up.
Always look over your statements for mistakes. Contact TD as soon as something seems off. This way, you keep your cash back safe and ensure you don’t lose out on savings.
| Tip | Action | Benefit |
|---|---|---|
| Use at qualifying merchants | Pay groceries and gas with the TD card every time | Consistent earning of 3% on key categories |
| Link to mobile wallet | Add card to Apple Pay, Google Pay or Samsung Pay | Secure contactless payments that earn rewards |
| Stack loyalty programs | Combine store points, coupons and TD cashback | Higher total value per purchase |
| Monitor merchant codes | Check statements for classification errors | Fix issues quickly to avoid lost rewards |
| Pay in full monthly | Avoid interest charges by clearing the balance | Preserves the full value of earned cash back |
| Verify third-party platforms | Test small buys before large transactions | Prevents unexpected loss of 3% groceries gas tips |
Real-world examples and calculator scenarios
These short stories help test your real savings. Use a TD Cash Back calculator to turn daily expenses into cash back. These examples use real Canadian figures to show your rewards after taking out fees.
Sample monthly spending — household
A family spends $600 on groceries and $200 on gas each month. This earns them $30 a month, or $360 a year at 3%. They also get $48 a year for spending $400 monthly on other things at 1%. Their total cash back a year is $408.
After removing a $120 yearly fee, they save $288 in the first year.
Sample monthly spending — commuter
A commuter uses $400 a month on gas and $150 on groceries. At 3%, this gives them $16.50 a month, or $198 a year. Adding 1% of $450 a month on other things gives them $54 a year. The total cash back a year is $252.
With a $120 fee taken off, they keep $132.
Sample monthly spending — low-driver urban
An urban dweller who uses transit spends $100 a month on groceries and $50 on gas. This gets them $4.50 a month or $54 a year at 3%. Spending $800 a month on other things at 1% earns them $96 a year. Their total cash back is $150.
After the yearly fee, they might have less money than they started with. Check the TD Cash Back calculator for exact amounts.
Break-even math
To work out when you stop losing money on the fee, divide the fee by 3%. For a $120 fee, you need to spend $4,000 a year on gas and groceries. That’s about $333 a month.
Earning 1% on other purchases also helps. If you spend $1,000 a month in other areas, you get $120 a year back. Subtract it from the yearly fee, and you might not need to spend extra on groceries or gas to break even.
Sensitivity scenarios
- High grocery, low gas: If groceries are $800/month, the annual 3% back is $288. The card pays for the $120 fee by itself.
- Moderate groceries + high other spend: $400 on groceries and $1,000 on other things at 1% can cover the fee or more.
- Low eligible spend: Under $200/month on 3% categories may not make up for the fee, unless insurance or perks are valuable.
Case studies cash back — family, commuter, frequent driver
A family of four shops weekly and spends $600 on groceries and $150 on gas a month. They earn about $288 a year at 3% and $48 from $400 on other things. That makes $336 before the fee. They might find the TD Cash Back Visa Infinite* useful, especially for groceries.
A daily commuter spending $500–$700 on gas a month could earn $540–$756 a year at 3%. After the $120 fee, they save a good amount. A TD Cash Back calculator can show exact savings.
A frequent driver with varied spending might not spend much on groceries or gas. If their spending is under $200 a month, cards without fees could be better.
Use the TD Visa Infinite savings examples to do your math. These stories help decide if this card is right for you. Check the cash back calculations and compare with others before choosing.
Conclusion
The TD Cash Back Visa Infinite* Card is great for earning. You get 3% cash back on gas and groceries. It also offers Visa Infinite protections and lots of redemption options. It’s a good fit for Canadian families and those who drive a lot.
If you spend a lot on gas or groceries, this card can be a big help. The rewards can quickly outweigh the annual fee. But, if you don’t spend much on these or travel a lot overseas, other cards might suit you better.
Before picking the TD Cash Back card Canada, look at the latest rates and terms on TD’s official site. Think about how much you could earn back with your spending. If it looks good, you can apply online or in person. Use the card wisely to get the most rewards.
FAQ
What is the TD Cash Back Visa Infinite* Card and who is it for?
How does the 3% cash back on gas and groceries work?
Is there a cap on the 3% cash back earnings?
How and when is cash back paid out?
What are the eligibility requirements to apply?
What documents do I need to apply for the card?
How can I improve my approval chances?
What is the annual fee and how do I know if it’s worth it?
What interest rates and other fees apply?
What travel and purchase insurance benefits come with the card?
Does the card offer fraud protection and Visa Infinite* services?
Can I use the TD Cash Back Visa Infinite* with mobile wallets and store loyalty programs?
What common pitfalls reduce rewards and how can I avoid them?
How does this card compare to other Canadian cash-back options?
Can you give an example of annual cash back for typical Canadian households?
Is the card a good choice for frequent travellers?
Where can I confirm the latest offers, fees and terms?
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