✅ Earn points on groceries, restaurants, transportation, and even streaming services with the TD Rewards Visa Card
✅ No annual fee and a welcome offer of up to US$50 in points value
✅ Mobile device insurance of up to US$1,000 included
✅ Voted the best no-annual-fee travel rewards credit card in 2023
Why does Rede Utua recommend the TD Rewards Visa Card?
TD Bank is one of the most traditional and respected financial institutions in Canada, with more than 150 years of history delivering stability and security to its customers. Rede Utua recommends this card precisely because it is a product of one of the largest banking groups in North America, providing unquestionable institutional backing and data-protection technologies that are considered global benchmarks in the financial sector.
In addition to the institution’s strong legacy, the TD Rewards Visa was recognized by Rewards Canada readers as the best no-annual-fee travel rewards credit card in 2023. This award validates the efficiency of the bank’s loyalty program, proving that it is possible to earn meaningful rewards on a no-fee account while benefiting from the robust infrastructure of a bank that prioritizes trust and long-term relationships with its clients.
Maximizing your everyday points
The main strength of this card is the speed at which points accumulate on essential purchases. You earn 3 TD Rewards points for every dollar spent on groceries, restaurants, and public transportation, plus 2 points on recurring payments such as streaming services, gaming, and digital media. For frequent travellers, using the Expedia for TD portal boosts earnings to 4 points per dollar, turning your trips into an ongoing source of new rewards.
What truly sets the TD Rewards Visa program apart is its redemption flexibility, as points never expire as long as your account remains active. You can use them to offset your card balance, shop directly on Amazon.ca through the “Shop with Points” program, or redeem them for Starbucks Stars. This freedom allows cardholders to choose rewards that best match their current needs – whether it’s a train ticket or simply a coffee on the way to work.
Protections and additional benefits
Even with no annual fee, the TD Rewards Visa stands out by including mobile device insurance of up to US$1,000. This coverage protects your smartphone against loss, theft, or accidental damage – benefits usually reserved for premium cards. Cardholders also enjoy Purchase Protection and Extended Warranty coverage, which doubles the manufacturer’s warranty on most new items purchased with the card and provides theft protection for the first 90 days.
From a security standpoint, the card features Chip & PIN technology and instant fraud alerts sent directly to your phone. Card management is streamlined through the TD app, where you can set transaction limits and block international purchases or freeze the card if it’s lost. For drivers and travellers, the card also offers a minimum of 10% off car rentals with Avis and Budget, helping reduce costs on domestic and international trips.
Author’s opinion
In our view, the TD Rewards Visa is an excellent entry-level option for anyone looking to benefit from a rewards program without the burden of an annual fee. With no fixed annual cost, financial risk is minimized, making it ideal for students or professionals at the beginning of their careers. Earning points on categories like streaming services and public transportation shows that this card was designed for the modern, urban, and digitally connected lifestyle.
That said, we strongly recommend reviewing your spending habits carefully. With a purchase interest rate of 21.99%, any delay in paying your statement can quickly outweigh the value of the points earned. The key to making this card worthwhile is disciplined financial planning, using points to reduce monthly expenses and ensuring that insurance benefits and partner discounts, such as those with Amazon, genuinely fit your household budget without creating unnecessary debt.
Want to know everything about the TD Rewards Visa Card?
To learn how the special offer of 15,152 points within the first 90 days works and review all the details of the mobile device insurance coverage, click the button below. On the next page, we’ll explore how to link your account to Amazon and maximize your rewards on every purchase.
