TD · Visa · TD Rewards· Reviewed 2026-07-18 by The Points Standard

TD Rewards Visa Card

5.0/10Pass

A solid no-fee TD Rewards earner. The 3x grocery/dining/transit rate is genuinely good; just redeem through Expedia For TD to get full value.

Annual fee
None
Welcome bonus value (full offer)
$150 30,310 TD Rewards points on $1,500 in purchases within the first 90 days
First-year net value
$200
Interest rates
21.99% purchases · 22.99% cash advances (Cash-advance rate 21.99% in Quebec.)
See current offer

Direct issuer link — details verified 2026-07-18

Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.

Independent.Ranked by the Standard Score, never by compensation.·Last reviewed 2026-07-18·Full disclosure

Standard Score breakdown

Pass

Six weighted components, each rated 0–10. “Contributes” is the rating × weight — add all six and you get the 5.05/10 Standard Score above.

Component (weight)RatingContributes
First-year value (30%)
4.01.20
Ongoing value (20%)
5.51.10
Flexibility (15%)
5.00.75
Perk usability (15%)
4.00.60
Low friction (10%)
8.50.85
Strategic fit (10%)
5.50.55

See how the Standard Score works or re-weight it to your priorities.

Earn rates

CategoryRate
Travel booked through Expedia For TD4x
Groceries, dining, transit (first $5,000/year each)3x
Recurring bills, streaming, digital gaming (first $5,000/year combined)2x
Everything else1x

Included insurance

Mobile device insurance · Purchase security · Extended warranty

Why it earns its score

  • No annual fee with 3x earn on groceries, dining, and transit
  • Points don't expire while the account is open, with no travel blackouts
  • Generous $5,000-per-category cap on the 3x groceries/dining/transit tiers

Where it loses points

  • Base earn is only 1 point per dollar, and points are worth most (~0.5¢) only through Expedia For TD
  • Travel medical and trip-cancellation coverage are paid add-ons, not included
  • Everyday redemptions (statement credit, Amazon) fetch closer to 0.25–0.33¢ per point

Who it’s for

Anyone who wants a no-fee everyday points card with strong grocery, dining, and transit earn and no income requirement.

Who should skip it

You want maximum point value or transferable rewards — TD Rewards redeem best only through Expedia For TD.

The bottom line

Standard Score 5.0/10 — Pass. We estimate ≈ $200 in first-year net value after the $0 fee.

See current offer30,310 TD Rewards points on $1,500 in purchases within the first 90 days

Direct issuer link — no commission shapes this review

Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.

Renewal math

Should you keep this card?

There’s no annual fee, so keeping it costs nothing — the only renewal question is whether a different no-fee card would earn more on your spending. Check the rankings or the card finder if you suspect it would.

Welcome-offer history

We’ve tracked this card’s welcome offer since Jul 19, 2026 and log every change, so you can judge whether today’s offer is genuinely strong or just loudly advertised.

OfferEst. valueRecordedStatus
30,310 TD Rewards points on $1,500 in purchases within the first 90 days$150Jul 19, 2026Current

Source: issuer card page · Last reviewed 2026-07-18. Details change often — confirm current terms with the issuer before applying.

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