Rewards programs

TD Rewards

Program run by The Toronto-Dominion Bank. Here is what one TD Rewards point is worth, how to redeem it and the cards that earn the most of it.

  • Values taken from official pages or from an announced specialist benchmark
  • Cards ranked by net value, annual fees deducted
  • Official pages reread regularly

Official program site All programs

Value of one point

Where the value comes from
Fixed redemption published by the program
Source
TD Canada Trust
Verification
Verified on October 8, 2026 Source up to date

“When you make a Travel Purchase directly through Expedia For TD, every 200 TD Rewards Points are worth $1.”

Restrictions

  • Redemptions in 200-point increments.
  • Amazon.ca pays $0.0033 a point; other redemption options are floored at 400 points per $1.

Programs do not issue the same number of points per dollar: to compare two programs, look at the return per dollar spent, not the value of a point.

Excerpts are quoted in the language of their source.

Cards that earn these points

Annual spending levels

Each level is a basket of annual spending split across everyday categories. The returns and the ranking are recomputed for that basket.

  • Moderate — $24,000 / year
  • Standard — $36,000 / year
  • High — $60,000 / year

In a personalized analysis, your actual spending replaces this reference basket.

Ranked by annual net value on the standard reference basket ($36,000 of spending a year), annual fees fully deducted.

Rank Card Network Annual fee Annual net value Earning Limitations
1 TD First Class Travel Visa Infinite Card Visa $139 $569
  • Expedia For TD: 8 points / $ (4¢ per dollar)
  • Transportation: 6 points / $ (3¢ per dollar) (capped at $25,000)
  • Groceries: 6 points / $ (3¢ per dollar) (capped at $25,000)
  • Restaurants: 6 points / $ (3¢ per dollar) (capped at $25,000)
  • Digital services: 4 points / $ (2¢ per dollar) (capped at $25,000)
  • Pre-authorized payments: 4 points / $ (2¢ per dollar) (capped at $25,000)
  • Everyday purchases: 2 points / $ (1¢ per dollar)
 Foreign exchange fee assumed
2 TD Platinum Travel Visa Card Visa $89 $442
  • Expedia For TD: 6 points / $ (3¢ per dollar)
  • Transportation: 4.5 points / $ (2.25¢ per dollar) (capped at $15,000)
  • Groceries: 4.5 points / $ (2.25¢ per dollar) (capped at $15,000)
  • Restaurants: 4.5 points / $ (2.25¢ per dollar) (capped at $15,000)
  • Digital services: 3 points / $ (1.5¢ per dollar) (capped at $15,000)
  • Pre-authorized payments: 3 points / $ (1.5¢ per dollar) (capped at $15,000)
  • Everyday purchases: 1.5 points / $ (0.75¢ per dollar)
 Foreign exchange fee assumed

Return computed with the value used for the ranking: 0.5¢ per point.

How to use your points

The redemption options the program publishes, with the value of a point when it is fixed.

  • Travel booking

    Expedia For TD travel

    0.5¢ per point

    “When you make a Travel Purchase directly through Expedia For TD, every 200 TD Rewards Points are worth $1.”

    • Minimum 200 points.
    Official source

  • Other redemption

    Amazon.ca Shop with Points

    0.33¢ per point

    “1 TD Rewards Point is worth $0.0033 towards purchases at Amazon.ca that are eligible for the Shop With Points program. 3 TD Rewards Points minimum redemption.”

    Official source

  • Statement credit

    Other redemption options (floor)

    0.25¢ per point

    “your TD Rewards Points can be redeemed for a minimum value of 400 TD Rewards Points per $1 (Minimum Value).”

    • A floor for other options, not a published fixed rate.
    Official source

Transfer partners

This program publishes no transfer partner.

Expiry and minimum redemption

Point expiry
“TD Rewards Points will not expire and be forfeited so long as the Account connected to the Program remains open, active and in Good Standing” Official source
Minimum redemption
“Redemptions are made in 200-point increments, and travelers need a minimum of 200 points to make a redemption.” Official source

Welcome offers in TD Rewards points

Current offers on the cards of this program. Their value is not part of the ranking above.

View all offers

How to read this ranking

The ranking compares the cards of one program on a single scenario, so the gaps come from the cards and not from the assumptions.

  • Reference basket, standard level: $36,000 of spending a year, spread over everyday categories.
  • High-spend profile; reference province: Quebec.
  • Annual fees fully deducted from the value.
  • Welcome offers excluded: only the recurring value counts.

Your spending is different? See the best cards by use or the strategies by profile.

Limitations of this page

  • Cards are ranked on the standard reference basket of a high-spend profile; your actual spending may change the order.
  • Recurring annual fees are fully deducted from each card’s value.
  • Transfer partners and rates are those read on the official pages; a program may change them without notice.
  • The value of welcome offers is not part of the card ranking.