TD Cash Back Visa Infinite Card Review



Annual Fee


Annual Rewards

10% Cash back

Intro Offer


Annual fee


Annual rewards

10% Cash back

Intro offer


  • Earn a high cash back rate of 3% on eligible grocery, gas, and recurring bill payments
  • 1% cash back on all other purchases with no limit on earnings
  • Complimentary Roadside Assistance and travel insurance benefits
  • Get a welcome bonus of 6% cash back on all purchases for the first three months (up to $2,000 in total purchases)
  • Access to Visa Infinite Concierge services and Luxury Hotel Collection benefits
  • Purchase security and extended warranty protection


  • $120 annual fee which may not suit those looking for a no-fee card
  • Cash back redemption is not automatic; you must request it
  • Foreign transaction fee of 2.5% on foreign currency transactions
  • Those who don’t spend frequently on eligible categories may not maximize cashback potential

How you earn rewards

Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With TD Cash Back Visa Infinite Card, here’s how you earn rewards:

All Other Spend1%

How much your rewards are worth

The dollar value of your rewards depends on the specific TD rewards program and what you choose to redeem your points for.

For TD Cash Back Visa Infinite Card in particular, if you spend $2,000.00 per month, here’s our estimated rewards earned depending on which reward you choose:

Redemption methodAnnual rewards
Apply to statement credit$8.21

Calculating your annual rewards

$24,000.00 annual spending x $1.85% return on spending = $444.00 annual rewards

$444.00 annual rewards – $139.00 annual fee = $$305.00 net annual rewards

Details and eligibility

Do I qualify?
Estimated Credit Score660 – 724
Personal Income$60,000.00
Household Income$100,000.00
Interest Rates
Cash Advance22.9%
Balance Transfer22.9%
Annual Fee$139.00
Extra Card Fee$0
Card typeVisa

Insurance coverage

Extended Warranty1 year
Purchase Protection90 days
Emergency Medical Term10 days
Emergency Medical over 654 days
Baggage Delay1000
Lost or Stolen Baggage1000
Rental Car Theft & DamageYes
Mobile Phone Insurance1000

TD Cash Back Visa Infinite Card Review

The TD Cash Back Visa Infinite Card is a versatile credit card option for Canadians who value good earning potential and additional benefits. In this review, we will discuss the card’s earning potential, its four primary advantages, two significant drawbacks, and additional information to help you make the best choice for your financial needs.

Earning Potential

With the TD Cash Back Visa Infinite Card, cardholders earn cash back on their everyday purchases, with varying reward rates depending on the category of spending. Cardholders enjoy a 3% cash back rate on eligible grocery, gas, and recurring bill payments. Additionally, they earn 1% cash back for all other purchases made with the card. This cash back accumulates automatically and can be redeemed at any time when a minimum of $25 has been accrued.

Benefit 1: Comprehensive Insurance Coverage

One major advantage of the TD Cash Back Visa Infinite Card is the comprehensive insurance coverage it offers, including travel medical, trip cancellation/trip interruption, and delayed/lost baggage insurance. This coverage gives cardholders peace of mind while traveling and can save them a significant amount in potential out-of-pocket costs.

Benefit 2: TD Auto Club Membership

The second major advantage of this card is the complimentary TD Auto Club Membership that provides cardholders with 24/7 roadside assistance. This can come in handy during unexpected car issues and keep travellers safe and protected on the road.

Benefit 3: Concierge Service

Cardholders also benefit from the TD Cash Back Visa Infinite Card’s concierge service, which offers assistance with travel bookings, restaurant recommendations, event ticket purchases, and essentially acts as a personal assistant to help with lifestyle and travel needs.

Benefit 4: Opt to Save with First Year Fee Rebate

The card’s fourth major advantage is the first-year annual fee rebate option for the primary cardholder and up to three authorized users. The annual fee is $120 for the primary cardholder, but you can opt in for a full rebate on the fee, enabling potential users to maximize the card’s benefits without an initial financial outlay.

Drawback 1: Earning Limitations

A significant drawback of the TD Cash Back Visa Infinite Card is the category limitations of the 3% cash back rate. Cardholders receive the highest cash back only on eligible grocery, gas, and recurring bill payments. All other purchases only yield a cash back rate of 1%, which could be limiting to those who don’t spend heavily in the higher earning categories.

Drawback 2: Annual Fee After the First Year

Another significant drawback is the annual fee that applies from the second year onwards. The $120 fee may deter some users who are not interested in paying an ongoing fee for their credit cards, especially if they’re unsure they will maximize the higher cash back rates on a consistent basis.

Additional Information

It’s important to note that the TD Cash Back Visa Infinite Card requires a personal income of at least $60,000 or a household income of $100,000 in order to qualify. This high-income requirement may limit some applicants from obtaining the card. Overall, the TD Cash Back Visa Infinite Card is an excellent choice for Canadians who prioritize cash back earnings and additional benefits, provided they can utilize the card’s earning potential to offset the annual fee after the first year.

Not the right fit? You could consider the TD Rewards Visa Card. Or, if you’re looking for other options check out the MBNA Smart Cash World MasterCard, and the MBNA True Line MasterCard.


The TD Cash Back Visa Infinite Card rewards you in the form of cash back, rather than points. As a cardholder, you earn a percentage of cash back on eligible purchases, which can be redeemed as a statement credit applied directly to your account balance. This helps you to offset your monthly credit card bill. Since cash back is a form of currency, you do not need to redeem it for specific products or services. The cash back earned on your TD Cash Back Visa Infinite Card can be flexible and used however you’d like.

The TD Cash Back Visa Infinite Card does impose foreign transaction fees on its cardholders. Every purchase made in a foreign currency is subject to a 2.5% fee on the transaction amount. This fee applies when accessing funds internationally, both online and in-person. It is essential for potential users and frequent travelers to consider this additional cost in their credit card decision-making process.

The TD Cash Back Visa Infinite Card has a minimum personal income requirement of $60,000 annually or a minimum household income requirement of $100,000 annually.

Key benefits

  • Rewarding cash back rates: 3% on groceries, gas, & recurring bill payments
  • Unlimited 1% cash back: all other types of purchases
  • No cap on cash back earnings: maximize rewards potential
  • Valuable welcome offer: 6% cash back for first 3 months (max. $2,000 in purchases)
  • Extensive perks: free Roadside Assistance & travel insurance coverage
  • Visa Infinite benefits: premium concierge & luxury hotel privileges
  • Purchase protection: added security & extended warranties
  • Annual fee: $120, considerable for budget-conscious individuals
  • Manual cash back redemption: active request necessary, not automatic
  • Foreign fees: 2.5% charged on international currency transactions
  • Optimized rewards: requires frequent spending in specific categories

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