TD Cash Back Visa Card
3% groceries, 2% dining & transit — $0 annual fee. The card that matches how Canadians actually spend their money.
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Why TD Cash Back is the most balanced rewards card in Canada
Most cash back cards make you choose: either a flat rate on everything, or a complicated system of rotating categories you need to constantly manage. TD Cash Back Visa takes a different approach — a tiered structure that mirrors how Canadians actually spend, with the highest rates on the categories that hit hardest in most household budgets. Three percent on groceries, two percent on dining and recurring bills, one percent on everything else. Simple to understand, immediately valuable, and available with zero annual fee.
The 2% on recurring bills is where this card quietly earns more than most people expect. Set it up as the payment method for your phone bill, streaming subscriptions, internet, and gym membership — purchases you’d make anyway — and those fixed monthly costs start generating cash back automatically every cycle. For a household with $400 per month in recurring subscriptions and utility-adjacent bills, that’s $96 per year in cash back from expenses you barely think about.
TD Bank is one of Canada’s largest and most accessible financial institutions, with a highly rated mobile app that makes managing your card genuinely straightforward. Real-time alerts, category-level spending breakdowns, and seamless autopay setup mean the card works best when you spend the least time managing it. That’s the goal: real cash back with minimal mental overhead, from a bank that Canadians have trusted for generations.
Does the 2% apply to all restaurant purchases?
Yes — dining purchases coded as restaurants in the Visa network, including sit-down restaurants, fast food, cafés, and food delivery services, typically earn 2% cash back.
Which recurring bills qualify for 2%?
Regular recurring purchases made with the same merchant — streaming services, gym memberships, phone plans, internet bills — generally qualify for the 2% tier. Check TD’s current terms for a complete list.
Is there a cap on cash back earnings?
The no-fee version may have monthly earning caps on the higher tiers. TD also offers a premium Infinite version with higher limits for those who want uncapped earning. Current caps are listed on TD’s website.
Can I combine my TD card with a TD bank account?
Yes — TD customers who also hold a TD checking account benefit from a unified dashboard in the TD app, showing all balances and transactions in one place.
How quickly does cash back post to my account?
Cash back is calculated monthly and applied as a credit to your statement balance each billing cycle, automatically, without any redemption action required on your part.
How to apply for the TD Cash Back Visa Card
Applying for the TD Cash Back Visa is straightforward and entirely online. Visit TD’s personal banking website, navigate to credit cards, and select the Cash Back Visa. If you’re already a TD customer, signing in first will pre-fill most of your personal information, saving time on the application form.
You’ll need to provide your full name, address, Social Insurance Number, employment information, and annual income. TD’s automated system evaluates most applications instantly. In some cases, a manual review takes one to two business days. Upon approval, your card details become available in the TD app immediately — compatible with Apple Pay and Google Pay for instant use.
When your physical card arrives, activate it through the TD app or by calling the number on the card. From day one, set up automatic payment of your full statement balance. This single step protects your credit score, eliminates any risk of interest charges, and ensures the 3-2-1 earning structure works entirely in your favour. Within a few months of consistent use, many TD cardholders find their credit limit increased automatically — a reflection of their responsible payment history.
The TD Cash Back Visa’s three-tier earning structure is particularly well-suited to the way modern Canadian households actually budget. Groceries, dining, and recurring subscriptions together account for a growing share of monthly household spending — and the TD card puts the highest earning rates precisely on those categories. For a household spending $700 on groceries, $300 on dining and coffee, and $150 on subscriptions monthly, that’s over $340 in annual cash back from a card that costs nothing to hold. Combined with the credit-building value of responsible use, the TD Cash Back Visa genuinely works harder than almost any other no-fee card in Canada.
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