TD Cashback Visa Infinite

No annual fee. Cash back on every purchase. Build your rewards with every swipe.

How to Increase Your Credit Limit?

The TD Cashback Visa Infinite offers automatic credit limit reviews every six months, based on your payment history and account activity. Cardholders who maintain on-time payments and keep their utilization below 30% typically see limit increases of $1,000 to $3,000 per review cycle. TD also considers your overall relationship with the bank—activating Open Banking through TD MySpend gives the issuer real-time visibility into your income and expenses, which can accelerate approval for higher limits.

Strategic actions compound over time: using the card for regular monthly expenses (groceries, gas, utilities) demonstrates responsible revolving credit use, while setting up pre-authorized payments ensures you never miss a due date. Cardholders who combine these habits with periodic income updates often unlock limits of $15,000 or more within the first year. The simulator below shows exactly how each action impacts your estimated limit in real time.

Key Benefits for You

The TD Cashback Visa Infinite stands out by offering up to 9% cashback on eligible purchases in specific categories, far above the market average for premium credit cards. Your everyday spending—whether groceries, gas, or recurring bills—translates into tangible returns deposited directly into your account, with no point expiry or complicated redemption processes. This structure particularly benefits cardholders who concentrate their expenses within the card's accelerated categories, maximizing the percentage earned on each dollar spent.

Beyond cashback, the card bundles comprehensive insurance coverage typically reserved for elite tiers: travel medical insurance up to C$5 million, mobile device protection, and extended warranty on purchases. The annual fee of C$139 becomes justifiable when you factor in the value of these protections and the potential cashback accumulation—many users report recovering the fee within the first few months through strategic category spending alone. The card also grants access to Visa Infinite perks, including airport lounge passes and concierge service, positioning it as a versatile tool for both daily finances and occasional travel.

Credit Card Comparison

When evaluating premium cashback cards in the Canadian market, the TD Cashback Visa Infinite stands out with its uncapped 3% cashback on eligible purchases and comprehensive travel insurance coverage. While the $139 annual fee positions it as a premium offering, the card delivers strong value for households spending over $15,000 annually in bonus categories. The ability to earn cashback without point conversions or redemption caps makes budget tracking straightforward for cardholders who prefer simplicity over complex reward programs.

Direct competitors like the Scotiabank Momentum Visa Infinite and RBC Cash Back World Elite Mastercard offer similar tiered structures but differ significantly in category definitions and caps. The TD card's strength lies in its grocery and gas focus, categories where most Canadian families concentrate spending, while alternatives may provide higher rates in dining or entertainment. Understanding these structural differences helps match the right card to your actual spending patterns rather than aspirational categories you rarely use.

Which credit card is better for you?

The TD Cashback Visa Infinite delivers 9% cashback on groceries (up to C$3,500 in annual spending), one of the strongest grocery returns in the premium no-foreign-transaction-fee segment. That rate drops competitors that cap at 4–5 %, positioning this card as a solid choice for families who prioritize food spending. When you weigh the C$120 annual fee against the potential to earn over C$300 in grocery cashback alone, the math tips in favour of frequent shoppers—yet the picture shifts if your spending leans heavily toward travel or dining, categories where rival cards often outperform.

Head-to-head comparisons reveal trade-offs: some competitors waive annual fees entirely but sacrifice the grocery multiplier, while others offer airport lounge access the TD Cashback Visa Infinite lacks. The 3 % cashback on recurring bills and 1 % everywhere else structure means your overall return depends on spending habits—high grocery volume plus subscriptions maximize value, whereas road warriors or restaurant enthusiasts may find better rewards elsewhere. Below, pick a rival card to see how each attribute stacks up and identify which profile suits your lifestyle.

Will I Get Approved?

Approval for the TD Cashback Visa Infinite depends on meeting specific financial criteria that most Canadian issuers evaluate similarly. TD Bank typically requires a minimum annual income of C$60,000 and a credit score above 660 to approve this card, though individual circumstances—including employment stability, existing debt ratios, and payment history—also weigh heavily in the decision. Applicants with accounts in good standing at TD often see smoother approvals, as the bank already has insight into their banking behaviour and reliability.

A clean credit bureau record significantly boosts your chances: even one missed payment or a derogatory mark can delay or deny approval, regardless of income. Debt service ratios below 40% and no active collections or judgments are strong indicators of approval likelihood. If your profile falls short on income or score, consider building credit with a secured card or entry-level product before applying for Infinite-tier rewards cards—unnecessary hard inquiries can temporarily lower your score and reduce future approval odds.

The TD Cashback Visa Infinite delivers strong value for everyday spending and suits households that prioritize predictable, automatic rewards over complex point transfers or travel redemptions. With 3% cashback on groceries, 2% on gas and recurring bills, and 1% on everything else, the card rewards routine purchases without requiring category activation or quarterly caps—ideal for busy professionals and families who want effortless earning. The C$120 annual fee is offset quickly if you spend around C$5,000 annually on groceries and gas combined, making it a net positive for moderate to high spenders. Travel insurance, mobile device protection, and roadside assistance add tangible safety nets that justify the cost, especially for those who frequently drive or travel domestically. If your spending patterns align with the bonus categories and you value simplicity over maximizing niche perks, this card is a solid, reliable choice in the Canadian cashback market.