What TD Bank credit cards offer and who they suit
TD Bank issues a small lineup of cards, each built around a specific spending pattern or customer relationship. The TD Cash Unlimited card gives 1.5% cash back on all purchases with no category limits or rotating categories to track. The TD Airtmiles World Mastercard earns Aeroplan points instead of cash, which works for people who fly regularly and want to convert spending into tickets. A third option, the TD First Class Travel Visa Infinite, targets frequent travelers with premium benefits like airport lounge access and travel insurance.
TD Bank cards are most useful if you already bank with TD or are considering moving your checking account there, since the bank often bundles card benefits with account perks or offers account holders better approval odds. They are less competitive than cards from American Express, Chase, or Citi if you are comparing rewards rates alone, but they can make sense if you value simplicity, a straightforward rewards structure, or the convenience of managing everything through one bank.
Key Takeaways
- TD Cash Unlimited returns 1.5% on all purchases with no annual fee, making it the simplest option if you want flat-rate cash back without bonus categories.
- The Airtimes card earns Aeroplan points, which can be redeemed for flights, hotel stays, and car rentals, but requires you to value airline loyalty programs.
- TD's premium travel card includes airport lounge access, travel insurance, and concierge services, but carries an annual fee and is aimed at frequent travelers.
- TD Bank customers may see better approval odds or bundled benefits when explore for a TD card, especially if they maintain a checking account with the bank.
- TD card rewards do not transfer to other programs, so your choice of card should match how you actually spend and what you plan to do with the rewards.
TD Cash Unlimited: flat-rate cash back with no annual fee
The TD Cash Unlimited card returns 1.5% cash back on every purchase, everywhere, with no caps, no bonus categories, and no rotating quarterly categories to manage. There is no annual fee. The cash back posts to your account as a statement credit, and you can also request it as a check or transfer to a linked bank account.
This card works best if you want to stop thinking about category optimization and just earn the same rate on groceries, gas, restaurants, and everything else. The 1.5% rate is lower than what some competitors offer on specific categories—American Express Blue Cash Preferred, for example, returns 3% on groceries and gas—but it beats those cards on everyday purchases outside their bonus categories. There is no sign-up bonus, so the card's value depends entirely on your ongoing spending.
TD Airtimes World Mastercard: earning Aeroplan points
This card earns Aeroplan points, the loyalty currency of Air Canada and its partners. You earn 1 point per dollar on most purchases, with bonus earning on travel and dining (the exact multiplier varies by promotion). Points can be redeemed for flights, hotel stays, car rentals, and other travel purchases through the Aeroplan program.
The card makes sense if you fly Air Canada regularly or have status in the Aeroplan program already. If you do not fly frequently or prefer other airlines, the points will accumulate slowly and may be harder to redeem at a good value. Aeroplan points are not transferable to other programs, so you are locked into Air Canada's ecosystem. The card typically carries an annual fee, which you should weigh against how much you fly and how much the points are worth to you.
TD First Class Travel Visa Infinite: premium benefits for frequent travelers
TD's premium card includes airport lounge access (usually Priority Pass or a similar program), travel insurance that covers trip cancellation and baggage delays, a concierge service for travel planning, and other perks aimed at people who travel multiple times per year. The card earns rewards on purchases, though the structure varies by version.
The annual fee is substantial—typically $450 or higher—so this card only makes financial sense if you use the lounge access regularly, take trips that benefit from the travel insurance, or value the concierge service enough to justify the cost. If you travel once or twice a year, a no-fee card or a card from another issuer with lower annual fees may be a better fit.
How TD card rewards compare to other issuers
TD's cash back rate of 1.5% is competitive with flat-rate cards from other banks, but it lags behind category-specific rewards. Chase Freedom Unlimited, for example, also offers 1.5% cash back with no annual fee, so the two are roughly equivalent on cash back alone. American Express Blue Cash Preferred returns 3% on groceries and gas, which beats TD on those categories but requires an annual fee and offers lower cash back elsewhere.
For travel rewards, TD's Aeroplan card is useful only if you are already committed to Air Canada or Aeroplan. If you prefer other airlines or want flexibility to book any carrier, cards from American Express, Chase Sapphire, or Citi that earn transferable points may offer better value. TD's premium travel card competes with American Express Platinum and Chase Sapphire Reserve on benefits, but those cards have higher annual fees and more generous insurance coverage.
Annual fees and when they are worth paying
The TD Cash Unlimited card has no annual fee, so there is no cost to carry it. The Airtimes card and the First Class Travel card both charge annual fees. Whether a fee is worth paying depends on how much you use the card and what the rewards or benefits are worth to you.
For the Airtimes card, calculate how many points you earn per year and what those points are worth in flights or travel. If you spend $10,000 per year and earn 1 point per dollar, you have 10,000 points. Check Aeroplan's redemption rates to see what that is worth in flights. If the value is less than the annual fee, the card costs you money. For the First Class Travel card, add up the value of lounge visits, travel insurance, and concierge use. If you visit lounges 10 times per year and each visit is worth $30, that is $300 in value—but you still need to cover the remaining fee with other benefits.
How to choose between TD cards
Start with how you spend and what you do with rewards. If you want straightforward cash back and do not fly frequently, the TD Cash Unlimited card is the obvious choice. If you fly Air Canada or are already in the Aeroplan program, the Airtimes card may be worth the annual fee. If you travel multiple times per year and value lounge access and travel insurance, the First Class Travel card could pay for itself.
Next, compare the rewards rate or benefits to cards from other issuers. Use a rewards calculator to estimate what you would earn per year with each card, subtract any annual fees, and see which comes out ahead. Also consider whether you bank with TD already. If you do, you may get a better approval odds or bundled benefits that tip the decision in TD's favor. If you do not, a card from another issuer might be simpler to manage.
Frequently Asked Questions
Can I earn cash back and Aeroplan points on the same card?
No. TD's cards are separate products—you choose one or the other. You can hold multiple TD cards at once, but each card earns rewards in only one currency. If you want both cash back and airline points, you would need to carry two cards and decide which to use for each purchase.
What is the credit limit on a TD Bank credit card?
Credit limits vary based on your credit score, income, and credit history. TD does not publish a standard limit. Your limit will be set when your card is approved and can be increased by requesting a review with the bank, usually after six months of on-time payments.
Do TD cards offer a sign-up bonus?
TD's current cards do not advertise a standard sign-up bonus. Promotions change, so check TD's website or call the bank directly to see if any limited-time offers are running. Some cards may offer bonus points or cash back for spending a certain amount in the first few months.
Can I redeem TD rewards for cash or only for travel?
It depends on the card. The TD Cash Unlimited card lets you redeem as a statement credit, check, or bank transfer—all cash options. The Airtimes card is locked into Aeroplan points, which can only be used for travel and related purchases. The First Class Travel card's rewards structure varies by version.
What happens to my rewards if I close my TD credit card?
Cash back rewards typically remain in your account as a statement credit and can be used or transferred even after the card is closed. Aeroplan points are held in your Aeroplan account, not on the card, so closing the card does not affect the points themselves. Check your card agreement or call TD to confirm the specific policy for your card.