Toronto Dominion Bank, or TD Canada Trust, operates an in-house loyalty program, TD Rewards, in which cardholders can earn TD Rewards points on several credit cards.
The TD Rewards program offers a flexible points currency that can be earned and redeemed through a variety of methods, including redeeming points towards travel purchases to reduce the cost of your next vacation.
TD offers three personal credit cards that earn TD Rewards points:
| Credit Card | ||
|---|---|---|
 |
85,000 TD Rewards Estimated value: $425 |
|
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50,000 TD Rewards Estimated value: $250 |
|
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15,152 TD Rewards Estimated value: $76 |
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There is also one business credit card available that earns TD Rewards points:
| Credit Card | ||
|---|---|---|
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175,000 TD Rewards Estimated value: $875 |
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Let’s look at how you can quickly earn and redeem TD Rewards points for the maximum value towards your next vacation.
Earning TD Rewards Points
Earning TD Rewards Points via Welcome Bonuses
Similar to many other bank loyalty programs in Canada, the quickest way to earn TD Rewards points is through credit card welcome bonuses. Since there are four credit cards that earn TD Rewards points, it is easy to find a card that meets your personal finance requirements and income level.
The TD First Class Travel® Visa Infinite* Card is the best card in the lineup, as it offers a welcome bonus of up to 85,000 TD Rewards points for a reasonable annual fee of $139.00.
The TD First Class Travel® Visa Infinite* Card earns 8x TD Rewards on purchases at Expedia for TD, plus a $100 Expedia for TD credit and TD Rewards birthday bonus.
Check out our TD First Class Travel® Visa Infinite* Card review for more information.
85,000 TD Rewards
$5,000
$425+
$139.00 (FYF)
Yes
–
The TD Platinum Travel Visa* Card has no minimum personal or household income requirement and offers a welcome bonus of up to 50,000 TD Rewards points for a reasonable annual fee of $89.00.
The TD Platinum Travel Visa* Card earns 6x TD Rewards points on purchases at Expedia For TD and 4.5x TD Rewards points on grocery and restaurant purchases.
50,000 TD Rewards
$1,000
$250+
$89.00 (FYF)
Yes
–
The TD Rewards Visa card has no minimum income requirement and no annual fee. It also offers a welcome bonus of up to 15,152 TD Rewards points
The TD Rewards Visa* Card earns 4x TD Rewards points on purchases at Expedia For TD and 3x TD Rewards points on grocery and restaurant purchases.
15,152 TD Rewards
$500
$76+
$0.00
Yes
–
The TD Business Travel Visa* Card is the only credit card available for small businesses and sole proprietors that earns TD Rewards points. offers a welcome bonus of up to 175,000 TD Rewards points for a reasonable annual fee of $149.00.
The TD Business Travel Visa* Card earns 9x TD Rewards points on purchases at Expedia For TD and 6x TD Rewards points on restaurant and recurring bill payment purchases.
175,000 TD Rewards
$30,000
$875+
$149.00 (FYF)
Yes
–
Considering all of the TD Rewards credit card options and selecting the card that has the right annual fee and income requirements for you, coupled with a welcome bonus that has requirements that you can meet, will determine which TD Rewards credit card is the best one to add to your wallet.
Earning TD Rewards Points via Daily Spending
You can also earn TD Rewards points for all purchases made on eligible TD credit cards, at different earning rates depending on the category of spend.
We’ve summarized the TD Rewards points earning rate for all eligible credit cards below:
- TD First Class Travel® Visa Infinite* Card
- Earn 8 TD Rewards points for every dollar spent on purchases at Expedia® For TD†
- Earn 6 TD Rewards points for every dollar spent on groceries, dining, and public transit
- Earn 4 TD Rewards points for every dollar spent on recurring bill payments and streaming, digital gaming & media
- Earn 2 TD Rewards points for every dollar spent on all other purchases
- TD Platinum Travel Visa* Card
- Earn 6 TD Rewards points for every dollar spent on purchases at Expedia® For TD†
- Earn 4.5 TD Rewards points for every dollar spent on groceries, dining, and public transit
- Earn 3 TD Rewards points for every dollar spent on recurring bill payments and streaming, digital gaming & media
- Earn 1.5 TD Rewards points for every dollar spent on all other purchases
- TD Rewards Visa* Card
- Earn 4 TD Rewards points for every dollar spent on purchases at Expedia® For TD†
- Earn 3 TD Rewards points for every dollar spent on groceries, dining, and public transit
- Earn 2 TD Rewards points for every dollar spent on recurring bill payments and streaming, digital gaming & media
- Earn 1 TD Rewards point for every dollar spent on all other purchases
- TD Business Travel Visa* Card
- Earn 9 TD Rewards points for every dollar spent on purchases at Expedia® For TD†
- Earn 6 TD Rewards points for every dollar spent on purchases in foreign currencies, on restaurant purchases, and recurring bill payments
- Earn 2 TD Rewards points for every dollar spent on all other purchases
Several of these TD Rewards credit cards offer similar bonus categories, with the TD First Class Travel Visa Infinite card being the best option if you meet the minimum income requirements and are okay with paying an annual fee. They are all excellent choices if you want to increase your TD Rewards balance through everyday purchases.
Redeeming TD Rewards Points
TD Canada Trust clients are able to redeem TD points through six methods: Expedia for TD, book any way travel, Amazon.ca credit, gift cards & merchandise, a statement credit, and an education credit. All redemption options can be accessed through the TD Rewards website.
The highest value you can expect to receive from your TD Rewards points is 0.5 cents per point via the Expedia For TD redemption method, which means 10,000 TD Rewards points will be worth $50.
Expedia For TD
TD Rewards points can be redeemed through the Expedia for TD service, which is essentially a version of Expedia that is branded for TD customers.
This means that any travel expense that is typically bookable with Expedia, including flights, hotels, vacation packages, and car rentals, can have TD Rewards points applied towards the booking cost.
Points can be redeemed for Expedia for TD at a rate of 200 points per $1 (0.5 cents per point). The minimum amount of points that can be redeemed is 200 TD Rewards.
Learn More: The Complete Guide to Expedia for TD
If you wish to redeem your points for travel expenses and book through Expedia for TD, visit this page and log into your TD Rewards account. Then, click the “Go to ExpediaForTD.com now” button.
From there, you will be presented with your standard third-party booking tool/search function; simply select what you are interested in booking and enter the relevant details.
Of note, when you are looking at the options for your booking, it will list the total point cost, total dollar cost, and the number of TD Rewards you can earn on this booking if paying cash (as it takes into account the bonus multiplier on your credit card).
Once you reach the final booking page, where you are able to enter your personal details and method of payment, you can scroll down and see the option to apply your TD Rewards points towards the booking. You can use all, some, or none of your points.
Expedia for TD is by far the best way to redeem your TD Rewards points, as you will be able to redeem TD points for the greatest cents per point value through this method. If at all possible, we recommend always using your TD points for Expedia for TD since it is the easiest way to maximize value while still reducing travel costs.
If, for any reason, Expedia for TD will not work for your specific needs, the second-best option is to utilize the “Book Any Way” travel redemption option.
Book Any Way Travel
TD Rewards points can be redeemed for “Book any way” travel. This means that you are able to apply your TD points towards an external travel expense that you made on your TD Rewards credit card.
There are three categories of expenses that are accepted for redemption through this method:
- Transportation Expenses: Air travel (and applicable fees), airport transportation (parking, limos, shuttles), scooter and car rentals, cruises, vacation ferries, and public transportation expenses.
- Accommodation Expenses: Hotel stays (including bed and breakfasts, villas, etc), vacation condominium rentals, campsites, motorhome and RV rentals (including RV parking and campsites), resort and spa vacations, outfitter-tailored trips, and houseboat rentals.
- Activity Expenses: Theme park tickets, watercraft rentals (including boats and jetskis), local tours or excursions, ski rentals and lift tickets, restaurant bills, theatre tickets, gasoline, and travel medical insurance.
When it comes to redeemed points towards restaurant bills, theatre tickets, and gasoline purchases, these purchases must be made while traveling and these transactions will be scrutinized when you are making a redemption to ensure they were actually made for travel purposes.
TD Rewards points can be redeemed for “Book any way” travel at a rate of 250 TD points per $1 (0.4 cents per point). This rate improves to 200 TD points per $1 for every dollar redeemed over $1,200 during the same “Book any way” travel request (0.5 cents per point). A minimum of 250 TD Rewards points must be redeemed.
If you wish to redeem your TD points through this method, simply visit this page and log into your TD Rewards account. It is important to note that you must submit a request to redeem within 90 days of the original transaction date.
From there, you will be presented with the following screen. Fill out the relevant information exactly as it appears on your TD Rewards credit card account, including the transaction date, transaction description, and amount. You can add multiple transactions into one redemption by clicking the “Add another transaction” button.
Once submitted, you can expect to see the reimbursements on your TD Rewards credit card account within a few business days if they are approved.
This is the second-best option to redeem TD Rewards points since the redemption value is only slightly below that of redeeming at Expedia for TD. However, if you are looking for added flexibility with your TD Rewards points (as in you want to book a hotel room directly with Marriott Bonvoy to take advantage of status benefits), this is the best way to redeem.
Amazon.ca Credit
TD Rewards can be redeemed towards credit for your next Amazon.ca purchase. In order to apply your TD Rewards points, you will need to link your credit card to your Amazon.ca account here. Once enrolled, you will be able to use points as a payment method when you are checking out.
TD Rewards points are worth 0.33 cents per point when used towards an Amazon.ca purchase, and a minimum of 3 TD Rewards points must be redeemed. 0.33 cents per point is below the recommended value you can get out of your points, so we would recommend avoiding Amazon.ca when you redeem points.
Gift Cards & Merchandise
TD Rewards can be redeemed for gift cards and merchandise from various retailers.
Gift cards can typically be redeemed at a rate of 10,500 TD Rewards points per $25 (0.25 cents per point). From time to time, there are promotions that may reduce the redemption cost to as low as 7,500 TD Rewards for $25 (0.33 cents per point). Gift cards are available for retailers such as Hudson’s Bay, Golf Town, and more.
On the other hand, merchandise is available in a variety of categories such as home electronics, appliances, recreation, and more. The redemption rates for these items are varied, however, the cent per point ratio is typically very poor.
As with every miles and points program, there is very rarely, if ever, a good use case to redeem points for gift cards or merchandise. If you are dead set on making a material purchase with your points, the better option would be to utilize the refundable hotel trick to liquidate your points to cash and then make the purchase normally.
Statement Credit
TD Rewards can be redeemed for a statement credit, which will be applied to your TD credit card account.
The minimum redemption you can make when converting your TD Rewards to cash is 10,000 TD Rewards which equals $25 (0.25 cents per point). For every 400 TD Rewards you redeem after the initial 10,000 in the same transaction, you will gain $1 (0.25 cents per point). Redemptions are processed 5-7 business days after you make your redemption.
With a 0.25 cents per point redemption rate, this is not a good redemption, and we recommend looking at either of the travel redemption options if you want to get the most out of your points.
Education Credit
TD Rewards can be redeemed for an education credit from HigherEdPoints which can be applied towards tuition or student loans.
The only redemption option for educational credits is redeeming 62,500 TD Rewards for a $250 education credit (0.4 cents per point). Once redeemed, you will receive a confirmation code that can be used to apply the credit through HigherEdPoints.com towards the tuition or loan at the institution or loan program of your choice.
Surprisingly, this is actually not a bad redemption option for your TD Rewards points. With a 0.4 cents per point redemption rate, redeeming for an education credit is on par with redeeming for “Book Any Way” travel.
Frequently Asked Questions
One TD Reward point is worth a maximum of 0.5 cents. This value can easily be extracted by redeeming your points for a booking through the Expedia for TD platform.
TD Rewards points can be redeemed in six different ways: travel bookings through Expedia for TD, book any way travel, Amazon.ca credit, gift cards & merchandise, a statement credit, and education credits.
TD Rewards points never expire provided you have an active TD Rewards credit card account and it is in good standing. If you close your TD Rewards credit card, you have 90 days to redeem the points before they expire.
No, TD Rewards points cannot be transferred or sold from one person or account to another.
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Do these points expire? Can they be transferred to another points program and which programs are accepted?
As long as you are a cardholder, no. They cannot be transferred to other programs.
a client’s parent died recently leaving approximately 1.5 million points on the credit card. Is there no way to take advantage of these points, ie transferring them to beneficiaries. It doesn’t seem air that something that was earned by spending money using your card should just disappear. That is like giving TD a payment without getting anything of value in exchange
Different issuers treat their points differently, but TD considers their points to have ‘no cash value’. Intuitively, it would make sense to me that points would generally be the property of the estate to disburse as deemed appropriate. However, it is unfortunately not possible to transfer TD Rewards points directly to another person. Perhaps the executor could simply redeem the points and then transfer the redemption to the beneficiaries?