TD Cash Back Visa Infinite* Card Review

Annual Fee
Annual Fee Rebate
Max Earnings Rate
Recommended Credit Score
740 850 670 739 580 669 0 579
Min Personal Income Required
Purchase APR
Cash Advance Interest Rate
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, no Annual Fee for the first year for the Primary and Additional Cardholders. Conditions apply. Must apply online by May 28, 2023.

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

Looking for a cash back credit card? With a decent welcome bonus and 3% cash back on groceries, gas, and recurring bill payments, the TD Cash Back Visa Infinite* Card might be one of the best cash back credit cards on the market right now. Here’s what you need to know about this credit card.

Pros and Cons


  • Solid welcome offer
  • High earn rate for 3 popular categories
  • Can use cash back right away
  • Useful automotive benefits


  • Maximum spend limits for 3% cash back
  • High annual fee for a cash back card

Welcome Bonus

Apply online by May 28, 2023 and 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, no Annual Fee for the first year for the Primary and Additional Cardholders. 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

How to Earn Cash Back

The TD Cash Back Visa Infinite* Card is, as the name implies, a cash back card which means that for all of your purchases you will earn a certain percentage back as ‘cash’.

For this card, there are two different earn rates.

The first is the accelerated rate of 3% is for eligible grocery and gas purchases, as well as recurring bill payments. Many credit cards offer higher rates for groceries and gas, but the accelerated rate for recurring bill payments as well is a big draw for this credit card.

Secondly, for all purchases that don’t fall into the above categories, you will earn 1% cash back.

If you are curious to see how much you can earn in cash back per year with the TD Cash Back Visa Infinite* Card, take a look at their cash back calculator on their webpage found here.

How to Redeem Cash Back

Redeeming cash back with this card is easy. Unlike other cash back cards, you can redeem at any time. You don’t have to wait until the end of the year to see that money. Any cash back that you earn can be put towards your credit card statement whenever you choose.

To do this, log into your TD account. You can then visit your rewards/cash back balance and click ‘Pay With Rewards’. You can then choose how much you would like to redeem, review, and click pay now to confirm and submit your payment. Your cash back balance will update immediately, but the payment will take a day or two to appear on your account. You will receive a confirmation number for your records.

Additional Perks and Features

The TD Cash Back Visa Infinite* Card has a few extra perks for cardholders. These include:

Travel Insurance

  • Travel medical insurance: up to $2 million for 10 days (4 days if you are over the age of 65)
  • Delayed and lost baggage insurance: up to $1,000 per person insured
  • Emergency Travel Assistance Services

Automotive Benefits

This includes discounts with select Avis Rent a Car and Budget Rent a Car, auto rental collision/loss damage insurance, and free Deluxe TD Auto Club Membership for roadside assistance that covers you for 24 hours/day with Emergency Road Services.

Exclusive Visa Infinite* Card Benefits

With the Visa Infinite* Luxury Hotel Collection you receive seven exclusive benefits when you book your stay through the Visa Infinite Luxury Hotel Collection featuring over 900 of the world’s most intriguing properties.

Plus, get access via Visa Infinite Dining Series and Visa Infinite Wine Country Program. You’ll get Visa Infinite Entertainment Access that grants you exclusive access to tickets to curated events across Canada throughout the year. Visa Infinite Cardholders can also enjoy exclusive benefits, access and offers for the Toronto International Film Festival®.

Mobile Device Insurance†

Get mobile device protection of up to $1,000 in coverage in the event of the loss, theft, accidental damage or mechanical breakdown for eligible mobile devices when you use your Card to pay all of your monthly mobile bill payments and any upfront costs, or charge at least 75% of the purchase price when paying the full cost of your new mobile device up front.

Rates and Fees

Interest Rates

The TD Cash Back Visa Infinite* Card carries a higher than normal purchase APR of 20.99%. The rates for cash advances and balance transfers are 22.99% and 22.99% respectively, which are typical for Canadian credit cards.


The TD Cash Back Visa Infinite* Card comes with an annual fee of $139, although with the current welcome promotion the first year’s annual fee is rebated for the primary and additional cardholders. Must apply online by May 28, 2023. After the first year, the first additional cardholder will have to pay $50 for their card. After that, the fee is $0 for any further cardholders.

Eligibility Requirements

In order to qualify for the card, you must meet the following eligibility requirements:

  • You must have a personal annual income of $60,000 or a household annual income of $100,000.
  • A credit score of good-excellent.
  • Be the age of majority in your home province.

How to Apply

Ready to apply for the TD Cash Back Visa Infinite* Card? Assuming you meet the eligibility requirements as described above, you can easily apply for your credit card online.

Visit the web page for the TD Cash Back Visa Infinite* Card and click the orange Apply Online button. You will then be taken to a secure page that starts off by asking if you are an existing TD customer or if you are new. If you are a TD client, you can log into your online account to speed up the process. If not, don’t worry, it’s a simple application that should only take you a few minutes to complete.

First, you will be asked to confirm which credit card you are applying for. Click continue.

You will then need to indicate which province you live in and will be given an information box to read about fees for the credit card in your province. Once you have read this over, click ‘I Agree.’

You will then be asked to complete your personal information including name, address, contact information, and SIN number.

Once you are approved, you should receive the card in the main in about 14 business days.

Apply Now

How It Compares

Card NameAmerican Express Cobalt® CardBMO eclipse Visa Infinite* Card
Welcome BonusEarn up to 30,000 Membership Rewards® points in the first year (conditions apply)Up to 60,000 points* + first year annual fee waived*
Highest Earn Rate5 points per $1 spent on groceries and dining5 points per $1 spent on groceries, gas, dining, and transit*
Other Key FeatureTransfer points to other travel rewards programs$50 annual lifestyle credit*
Annual Fee$155.88 ($12.99 monthly fee)$120
Interest Rates20.99% on purchases, 21.99% on cash advances20.99% on purchases, 23.99% (21.99% for Quebec residents) on cash advances

*Terms and conditions apply

Our Verdict

Right now, with the TD Cash Back Visa Infinite* Card’s welcome bonus and high earn rates, it’s one of the best cash back cards in Canada. We love that you can collect cash back at an accelerated rate for recurring bill payments. Plus, being able to use the cash back whenever you want is also a huge perk. While the annual fee is pricier than others, with these earn rates you can make it back pretty quickly.

Apply Now

Terms and conditions apply.

American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply. BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.

Author Bio

Hannah Logan
Hannah Logan is a freelance finance and travel writer/blogger based in Ottawa. Her stories have appeared on Fodor’s Travel, Livestrong, World Nomads, Intrepid Travel, and more. You can keep up with her at or follow her on Twitter and Instagram: hannahlogan21.