The TD Cash Back Visa Infinite is a solid cashback card for TD banking customers who want everything in one place, and it holds its own against the Scotia Momentum Visa Infinite+ on gas (3% vs 2%), though Scotia still wins on groceries (4% vs 3%). At $139/year versus Scotia’s $120, the TD card also costs slightly more. Where the TD card wins is convenience: if you already bank with TD, having your cashback card integrated with EasyWeb and your other TD products has real value. TD’s welcome offer for this card has combined a boosted cash back rate for the first few months with a first-year annual fee rebate. It is a promotional offer that changes, so check the current terms at td.com before applying. Competing cash back cards are reviewed on our credit card reviews hub.
| Fact | Details |
|---|---|
| Card | TD Cash Back Visa Infinite Card |
| Issuer | TD |
| Annual Fee | $139/year |
| Additional Card Fee | $50/year (first additional cardholder; $0 for subsequent) |
| Income Requirement | $60,000 personal or $100,000 household |
| Base Earn Rate | 3% groceries, gas & EV charging, public transit, and recurring bills/streaming/digital media (first $15,000/yr in each category), 1% everything else |
| Purchase Interest Rate | 21.99% |
| Cash Advance Interest Rate | 22.99% |
Stable card facts (fee, income requirement, base earn rate, and any confirmed interest/FX rates) current as of 2026-10-03. Welcome/sign-up bonuses change frequently and are not included here — confirm the current offer on the issuer’s site before applying.
It’s a Visa Infinite card that earns cash back. Included insurance: purchase protection, auto rental, travel medical. Welcome offer: boosted cash back for the first few months, which has included a first-year fee rebate; check the current offer at td.com.
Cash Back Rates
| Category | Rate | Cap |
|---|---|---|
| Groceries, gas, EV charging, transit | 3% | $450 cash back/year, then 1% |
| Recurring bills, streaming, digital gaming, media | 3% | $450 cash back/year, then 1% |
| Everything else | 1% | No cap |
Annual Cash Back Estimate
| Monthly Spend | Category | Annual Cash Back |
|---|---|---|
| $600 groceries | 3% | $216 |
| $200 gas | 3% | $72 |
| $200 recurring bills | 3% | $72 |
| $800 other | 1% | $96 |
| Total | $456 |
Net return after $139 fee: $317/year.
TD Cash Back vs Alternatives
The comparison table below tells the story clearly: the Scotiabank Momentum beats the TD card on groceries (4% vs 3%) but the TD card matches or beats it on gas (3% vs 2%) and dining is a wash (both earn only their base rate on dining: 1% here). The TD Cash Back’s 1% general rate is average: solid but not remarkable on everyday purchases outside the bonus categories. If you’re not committed to TD banking, the Scotiabank card is still the better choice for pure grocery spending. If you are a TD customer, ask about bundle discounts that may waive or reduce the annual fee.
| Feature | TD Cash Back VI | Scotia Momentum VI+ | CIBC Dividend VI |
|---|---|---|---|
| Annual fee | $139 | $120 | $120 |
| Grocery | 3% | 4% | 4% (combined w/ gas) |
| Gas | 3% | 2% | 4% (combined w/ grocery) |
| Dining | 1% | 1% | 2% |
| General | 1% | 1% | 1% |
| Best for | TD loyalists | Best overall on groceries | CIBC clients |
Who Should Get This Card
| Profile | Recommendation |
|---|---|
| TD bank customer who wants simplicity | Yes: banking integration is a genuine convenience |
| Maximizing cash back return | No: Scotiabank Momentum earns more across every category |
| High-spender on groceries and gas | Maybe, but the 3% cap vs 4% at Scotiabank adds up |
| Low annual spending under $15K | No: a no-fee card like the Tangerine Mastercard earns more net |
| New to credit cards | No: the $60K income requirement is high; start with a no-fee card |
Insurance Coverage
The TD Cash Back Visa Infinite includes solid Visa Infinite-level insurance:
| Insurance | Coverage |
|---|---|
| Purchase protection | 90 days coverage for theft or damage on items bought with the card |
| Extended warranty | Coverage matches the manufacturer’s warranty length, up to 1 additional year |
| Auto rental collision/loss damage | Coverage when you decline the rental company’s CDW and pay with the card |
| Travel medical insurance | Up to $2,000,000; first 10 consecutive days of the trip (first 4 days if you’re 65+), per TD’s Cash Back Visa Infinite benefit coverage guide |
| Baggage delay | Up to $500 |
Note: unlike some other TD Visa Infinite cards, the TD Cash Back Visa Infinite does not include embedded trip cancellation, trip interruption, or common carrier accident insurance. TD does offer optional Trip Cancellation/Trip Interruption Insurance for purchase separately to any TD customer – it is not a benefit bundled with this card.
The auto rental coverage alone can save $15–$30/day when renting a car. The 21-day travel medical insurance is standard for Visa Infinite cards and sufficient for short vacations, though you may want to supplement it for longer trips or if you have pre-existing conditions.
Pros and Cons
| Pros | Cons |
|---|---|
| 3% on three common categories (groceries, gas, recurring bills) | 1% general rate is among the more modest in this tier |
| Automatic annual statement credit: no manual redemption | $139 fee is $19 more than Scotiabank Momentum’s $120 |
| Welcome offer that has included a first-year fee rebate | 3% earning rate trails Scotiabank’s 4% |
| Full Visa Infinite insurance suite | No dining bonus category (only 1%) |
| Seamless integration with TD EasyWeb banking | Cash back paid only once per year (some cards pay monthly) |
| TD’s large branch and ATM network | No no-fee downgrade option within the TD Cash Back lineup |
The Bottom Line
The TD Cash Back Visa Infinite is a solid cash back card for TD clients, with one rate across groceries, gas, transit and recurring bills. The Scotiabank Momentum Visa Infinite+ pays more on groceries and bills, so it tends to return more for households whose spending sits there; the TD card’s case is TD banking integration and its broader single rate. If the fee isn’t worth it for your spending, a no-fee card such as the Rogers Red World Elite Mastercard or the others in the no annual fee roundup may come out ahead.
Related Resources
Sources
The figures and rules on this page come from these sources, last checked against them on October 3, 2026. How we check facts.