TD First Class Visa Infinite Card Review
So you want to be able to redeem your points for any travel without any restrictions? Check. You want extraordinary travel benefits, such as best price guarantees and no cancellation fees through partnership with Canada’s leading travel deal site Expedia.ca? You’re covered.
The TD First Class Visa Infinite card is a new breed of Canadian travel rewards cards offering flexibility, simplicity, transparency and value compared to traditional captive rewards and redemption chart programs like Avion, Aeroplan and Aventura.
Most impressively, it does so while offering a healthy base earn rate of 1.5% and probably the highest earn rate on travel purchases (4.5%) in Canada, without any caps or tiering.
TD First Class Visa: Earning Is Simple & Easy
The TD First Class Visa Infinite card offers one of the highest earn rates in Canada, with no caps on earnings or complicated tiers. It’s probably the highest earning credit card for frequent travelers.
Earning is simple. Get 3 TD Points for every $1 spent on purchases made using your card and 9 TD Points for every $1 spent on travel purchases made online through ExpediaforTD.com. That’s a 1.5% earn rate on all regular spend and a whopping 4.5% earn rate on all your travel spend purchased on Expedia For TD.
There’s only one catch. The only way to earn 4.5% on your travel expenses is if you book and redeem your points through Expedia. If you redeem your points outside of Expedia For TD, you’ll earn 3.6% on travel expenses and 1.2% everywhere else – still very good.
If you travel a lot, there are few credit cards in Canada that will give you as much bang for your buck on your travel spend. Plus, cardholders who register by June 3rd, 2018 are eligible to receive up to 50,000 TD points as a welcome bonus: 20,000 for making their first purchase on the card and another 30,000 when they spend $1,000 within their first 90 days.
TD First Class Visa: Book Any Travel, Any Way, Any Time
There are two simple and transparent ways to book travel with no restrictions. First, you can charge almost any travel expense to your credit card and then redeem your points for all travel related expenses that appear on your credit card bill within 90 days of purchase. So if you have a $300 travel credit banked, and you have $300 in travel charges on your card, simply apply your travel credit and you’re done. No charts, no caps, no fees.
TD points can be redeemed for any flight, hotel night, green fees, car rentals, theme parks, airport parking and of course taxes and fees! That is the most flexible travel redemption model available in Canada, one we’re seeing more issuers migrate to.
Alternatively, you can book through Expedia for TD, and instantly redeem for any purchase made online – your points go a little further this way, as we discussed above. The site will tell you the dollar value of the TD points you have on hand, and then you simply apply those points to your travel purchase, including taxes and fees, when checking-out. This is the most convenient redemption model available, and flexible as well.
TD First Class Premium Insurance & Perks
The robust insurance and perks alone make this card a travel workhorse. In fact, we value the insurance benefits on the card alone at over $700 per year, if you travel out of country at least one week per year. It has all the travel insurance essentials and then some, like out of province/country travel medical, trip cancellation, trip interruption, trip delay, and car rental insurance. In fact TD just upgraded the trip cancellation from $1,000 to $1,500 of coverage per person and extended the travel medical coverage from 15 to 21 days! Just make sure to review all conditions in detail.
Is It Right for You?
The welcome bonus of up to 50,000 points (for those who register by June 3rd, 2018) is substantial. Plus, there is likely no earn rate greater than the 4.5% rate you can achieve by booking and redeeming your travel through Expedia.ca. However, if most of your spend is not travel related, there are other cards that will earn you a better rate of return.
You will need to either have a minimum personal income of $60,000 or a minimum household income of $100,000 to be eligible for the card. If you don’t, TD will make the First Class Platinum card available to you.
We love the card for its flexibility, earning power, simplicity and transparency, and it’s a steal of a card if you’re willing to book through Expedia.ca.
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