TD Cash Back Visa Infinite Card: Is It the Right Credit Card for You?

When it comes to choosing a credit card, finding one that rewards your everyday spending can make a real difference. The TD Cash Back Visa Infinite Card is designed with that in mind. If you’re looking for a card that offers competitive cash back, travel perks, and useful insurance benefits, this one deserves your attention.

In this article, we’ll walk you through everything you need to know—from cash back rates and fees to perks and potential drawbacks—so you can decide whether it fits your lifestyle and financial goals.

What Is the TD Cash Back Visa Infinite Card?

The TD Cash Back Visa Infinite Card is a premium cash back credit card offered by TD Bank Group, one of Canada’s largest banks. While it’s targeted primarily at Canadian residents, it comes with perks that are attractive on a global scale, especially if you travel frequently or use your card for large everyday expenses.

This card combines high cash back potential with a suite of Visa Infinite benefits, making it a strong contender for anyone who wants to earn rewards and access premium services.

Key Features at a Glance

Here’s a quick summary of the card’s main features:

• 3% cash back on eligible grocery and gas purchases

• 3% cash back on recurring bill payments (like streaming services or utilities)

• 0.5% cash back on all other purchases

• Welcome bonus: Earn 10% cash back on all purchases for the first 3 months (up to a maximum spend)

• Annual fee: CAD $139 (often waived for the first year)

• Additional cards: $50 per card (waived in some promotional periods)

• Minimum income requirement: CAD $60,000 individual or $100,000 household

Now let’s unpack what all this actually means for your wallet.

Cash Back Earning Potential

One of the biggest selling points of the TD Cash Back Visa Infinite Card is the high earn rate on essential categories like gas, groceries, and recurring bills. For many people, these make up a significant chunk of their monthly spending.

Let’s do a quick example:

• Spend $400/month on groceries → $12/month back

• Spend $200/month on gas → $6/month back

• Spend $100/month on subscriptions/utilities → $3/month back

That’s $21 per month, or $252 per year in cash back—without even considering other purchases.

Compared to cards that offer flat 1% or 1.5% across the board, the TD Cash Back Visa Infinite gives you more where it counts.

Visa Infinite Perks

Beyond cash back, this card comes with Visa Infinite status, which unlocks a range of premium benefits. Here are some that stand out:

• Travel insurance: Includes emergency medical, trip cancellation/interruption, and lost baggage coverage

• Rental car insurance: Covers theft and damage

• Visa Infinite Concierge: 24/7 access to assistance for travel, dining, and event planning

• Exclusive experiences: Access to select hotels, restaurants, and events

If you travel even occasionally, these perks can save you both time and money.

Fees and Interest Rates

Let’s talk about the costs involved. Like many premium cards, the TD Cash Back Visa Infinite Card comes with an annual fee of CAD $139. However, TD frequently waives this fee for the first year as part of promotional offers.

Interest rates are fairly standard:

• Purchases: 20.99%

• Cash advances: 22.99%

• Balance transfers: Sometimes lower with promotional offers

To make the most out of any rewards credit card, it’s ideal to pay your balance in full each month to avoid interest charges.

Pros and Cons

Like any financial product, this card isn’t perfect for everyone. Here’s a balanced look at its strengths and potential drawbacks:

Pros

• High cash back rates on everyday spending

• Strong welcome bonus for new cardholders

• Generous travel insurance and Visa Infinite benefits

• Ability to add additional cards for family or household members

• Reliable TD Bank customer service and digital tools

Cons

• Annual fee may not be worth it if your spending is low

• Limited to Canadian residents with qualifying income

• Cash back redemption is not instant—it’s applied as a statement credit annually

• Some benefits may overlap with other cards if you already have premium coverage

Who Should Consider This Card?

The TD Cash Back Visa Infinite Card is best suited for people who:

• Spend regularly on gas, groceries, and recurring bills

• Want a credit card with strong insurance coverage and travel perks

• Can meet the income requirements and pay off their balance monthly

• Don’t mind waiting for an annual redemption of their cash back

If that sounds like you, this card could be a powerful tool in your financial toolkit.

Tips to Maximize Your Cash Back

Want to make sure you’re squeezing every cent out of your card? Try these practical tips:

1. Automate your bill payments through the card to earn 3% back effortlessly.

2. Use the card for all grocery and gas purchases—avoid using debit or other credit cards for these.

3. Track promotions—TD often runs bonus categories or extra cash back offers.

4. Bundle with TD accounts to streamline your finances and manage everything in one place.

5. Add a secondary cardholder to multiply the rewards within your household.

Being intentional with how you use your card can turn everyday spending into real savings.

The TD Cash Back Visa Infinite Card offers a well-rounded mix of high cash back rates, premium perks, and robust insurance—making it one of the top contenders for anyone who spends regularly in the top earning categories. While it does come with a fee, the rewards can easily outweigh the cost for the right user.

If you’re looking for a credit card that rewards the way you already spend—and gives you a few luxury travel perks on the side—this card is absolutely worth considering.

Interested? Click the button and we’ll take you straight to the official bank website, where you can submit your application.

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