Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

TD Cash Back Visa Infinite Card Review

Get cash back on your everyday purchases as well as a welcome bonus and travel insurance.

Earn 3% cash back when you make eligible purchases of up to $15,000.00 per year on each of groceries, gas and recurring bill payments on your credit card. Earn 1% for eligible purchases above $15,000.00 and for all other spending.
No reviews yet. Write a review

20.99%

Purchase Interest Rate

$0 annual fee for the first year ($120 thereafter)

Annual Fee

Please note: All information about TD Cash Back Visa Infinite Card has been collected independently by Finder and this card is not available through this site.

30-second take

  • Consider this card if you want a high return on gas and groceries, and don’t mind paying an annual fee.
  • Choose something else if you’d rather accumulate points or want a low-interest card.
  • Your minimum annual income needs to be $60,000, or you should have a household income of $100,000.

The basics

If you use your credit card often and want to put money back down on your balance, consider the TD Cash Back Visa Infinite Card.

  • Cashback. Earn 3% cash back when you make eligible purchases of up to $15,000.00 per year on each of groceries, gas and recurring bill payments on your credit card. Earn 1% for eligible purchases above $15,000.00 and for all other spending.
  • Welcome bonus. Earn 6% cash back on all purchases for the first 3 months (up to a total spend of $2,000). Plus, get the first year annual fee waived for the Primary and additional cardholders. Conditions apply. Apply by December 5, 2021.
  • Roadside assistance. Access emergency road services with a Deluxe TD Bank Auto Club Membership.
  • Product coverage. Get an extended warranty and insurance coverage on products purchased with your card.
  • Travel insurance. Enjoy peace of mind when you're travelling with up to $2,000,000 Travel Medical Insurance per insured person per covered trip for 10 consecutive days. (If you or your spouse is 65+ years old, then you're covered for 4 consecutive days.) Enjoy access to toll-free Emergency Travel Assistance Services while travelling. Plus, get up to $1,000 per covered person per trip for delayed and lost baggage.
  • Car rental insurance and discounts. Get a minimum discount of 10% on qualifying vehicle rentals at participating Avis and Budget locations in Canada and the US and 5% on qualifying rentals internationally. Plus, enjoy free Auto Rental Collision/Loss Damage Insurance on rental vehicles when you pay with your credit card. (Vehicles must have have an MSRP at, or below, $65,000.00 before taxes, and the rental period cannot exceed 48 consecutive days).

The perks

  • Contactless payments. Tap to pay if you have Apple Pay or Visa payWave (for Android).
  • Zero-liability coverage. Your balance is protected in case of fraudulent activity on your account.
  • Promotional offers. Access exclusive dining and entertainment offers for Visa Infinite cardholders.
  • Customer support. You can get in touch with customer service any day of the week to report issues with your account.

What to watch out for

  • High annual fee. The fee for this card is $120 per year.
  • High interest. You’ll pay 20.99% interest on outstanding balances and 22.99% for cash advances.
  • Limited flexibility. Cash back can only be used to pay off your outstanding credit card balance.
  • Fee for additional cards. It will cost you $50 to add additional cards to your account up to a maximum of 3 authorized user cards.
  • Minimum credit limit. Your limit has to be at, or over, $5,000, which isn’t ideal for people who don’t want to spend much on their card.
  • Income requirements. There’s a minimum personal income requirement of $60,000 or household income of $100,000 to qualify.

What should I know before I apply?

Bottom line

The TD Cash Back Visa Infinite Card is suited to customers who want a decent return on cash back to put down on their credit card balance. The card comes with a generous welcome offer and a nice package of perks and benefits, including roadside assistance, car rental insurance, travel insurance and fraud protection. You should avoid this card if you don’t want to pay a high annual fee or if you’re looking for a low-interest card.

Credit cards offered by TD Bank

Frequently asked questions about the TD Cash Back Visa Infinite Card

Picture : td.com/ca

Go to site