No Annual Fee
Rewards
TD Rewards Visa Card
TD Canada Trust
Current Welcome Offer
Earn 15,152 TD Rewards Points ($50 value on Amazon.ca).
Annual Fee
$0
Purchase APR
21.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$50
RateBuddy Verdict
The Good
- Charges absolutely no annual fee while still allowing you to earn flexible TD Rewards Points on your everyday purchases.
- Uniquely includes up to $1,000 in Mobile Device Insurance, a highly valuable perk rarely found on a no-fee credit card.
- Highly accessible for students or those building credit, requiring no strict minimum annual income to qualify.
The Trade-offs
- The accelerated 3x points on Groceries, Dining, and Transit are strictly capped at just $5,000 in annual spending.
- Completely lacks embedded travel protections like Car Rental Collision, Travel Medical, or Flight Delay insurance.
- The base earning rate is very low, netting a low return on general purchases outside of the bonus categories.
Rewards & Earnings
Groceries 1.50%
Dining & Takeout 1.50%
Gas & Transit 0.50%
Travel 2.00%
Base Rate 0.50%
Rewards Summary: Expedia for TD: 4 pts per $1; Groceries, Dining & Transit: 3 pts per $1; Recurring Bills & Media: 2 pts per $1; Base Earn: 1 pt per $1.
- Travel booked through Expedia® For TD: 4 TD Rewards Points/$1
- Groceries, Dining, and Public Transit: 3 TD Rewards Points/$1 (up to $5,000 annual spend)
- Recurring Bill Payments, Streaming, Digital Gaming & Media: 2 TD Rewards Points/$1 (up to $5,000 annual spend)
- All other eligible purchases: 1 TD Rewards Point/$1
Welcome Bonus Details
Earn 15,152 TD Rewards Points (a value of $50 on Amazon.ca) when you spend $500 within 90 days of Account opening.
Estimated Value: $50.00
Features & Benefits
No Annual Fee
No annual fee
Mobile Device Insurance
Up to $1,000 coverage
Extended Warranty Insurance
Included (Up to 12 additional months)
Purchase Security Insurance
Included (90 days)
Additional Perks
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Insurance Coverage
Mobile Device: $1,000; Purchase Security: 90 days; Extended Warranty: +1 Year. (Note: Travel Medical, Trip Cancellation, and Car Rental Collision are not included).
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Supplementary Card | $0.00 |
| Income Required | No specific requirement listed. |