This offer is not available for residents of Quebec.

Looking for a cash back credit card? With a decent welcome bonus and 3% cash back on eligible 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 of the TD Cash Back Visa Infinite* card



  • Solid welcome offer

  • High earn rate for 3 popular categories

  • Can use cash back right away

  • useful automotive benefits



  • Maximum spend limit for 3% cash back

  • High annual fee for a cash back card

TD Cash Back Visa Infinite* welcome bonus

Earn up to $500 in value†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500†. Conditions apply. Account must be approved by June 3, 2024. 

  • Bonus eligible purchases are gas purchases, grocery purchases & pre-authorized payments, until a total collective spend of $3,500 of such purchases have been made†.
  • Get an annual fee rebate for the first year†.
  • 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 and you must add your Additional Cardholders by June 4, 2024.

How to earn cash back with the TD Cash Back Visa Infinite* Card

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 of the TD Cash Back Visa Infinite* Card

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 the first 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 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†. 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 and you must add your additional cardholders by June 4, 2024. After the first year, the first additional cardholder† will have to pay $50 for their card. After that, the fee is $0 for any subsequent additional 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.

How it compares

Card name American Express Cobalt® Card BMO eclipse Visa Infinite* Card
Welcome bonus Earn 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 rate 5 points per $1 spent on groceries and dining 5 points per $1 spent on groceries, gas, dining, and transit*
Other key feature Transfer points to other travel rewards programs $50 annual lifestyle credit*
Annual fee $155.88 ($12.99 monthly fee) $120
Interest rates 21.99% on purchases, 21.99% on cash advances 20.99% 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.

†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.

About our author

Hannah Logan
Hannah Logan, Freelance Contributor

Hannah Logan is a freelance writer, blogger, and content creator from Ottawa. She spends half the year in Canada and half the year travelling around the world. A self-described wannabe Indiana Jones, Hannah first developed an interest in personal finance in an effort to prolong her travel lifestyle. Today, she shares her stories from her travels as well as finance tips, tricks, and knowledge to help others fulfil their savings and travel goals as well. You can keep up with Hannah’s adventures on her personal travel blog, or find her on Instagram @hannahlogan21.


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