The TD Platinum Travel Visa Card is geared toward frequent travelers who like the flexibility to book their travel on Expedia, one of the most popular online travel platforms. TD’s partnership with Expedia enhances the value of this card for those who prefer using the platform for their travel needs. While the card offers a solid welcome bonus and point-earning potential, it falls short in terms of premium travel perks when compared to its competitors.
For travelers who regularly book on Expedia and want a straightforward rewards card, the TD Platinum Travel Visa Card is a great option. But for those looking for broader travel benefits or higher rewards on non-travel spending, there are other alternatives in the same price range.
Highlights
Highlights- Earn Up to $370 in Value†: Including up to 50,000 TD Rewards Points. Conditions apply. Account must be approved by January 6, 2025.
- 15,000 TD Rewards Points upon making your first purchase†.
- 35,000 TD Rewards Points after spending $1,000 within 90 days of account opening†.
- Annual Fee Rebate for the First Year: The $89 annual fee is rebated for the primary cardholder in the first year, and additional cardholders can also receive the rebate if added by January 6, 2025.
- Flexibility: Use TD Rewards Points for travel, merchandise, or to lower your credit card balance.
Quick Facts
- Annual Fee: $89 (rebated for the first year)†
- Welcome Bonus: Up to 50,000 TD Rewards Points, worth up to $370 in value†.
- Reward Rates:
- 6 TD Rewards Points per $1 spent on Expedia bookings.
- 4.5 TD Rewards Points per $1 spent on groceries and dining.
- 3 TD Rewards Points per $1 spent on recurring bill payments.
- 1.5 TD Rewards Points per $1 spent on all other purchases.
- Flexible Redemptions: Redeem points for travel, merchandise, Amazon purchases, or to lower your credit card balance.
TD Platinum Travel Visa Card Rewards
Earning Rewards
The TD Platinum Travel Visa Card offers a robust rewards structure, particularly for those who book travel through Expedia. Here’s how you can earn TD Rewards Points:
- 6 Points per $1 spent on travel bookings made through Expedia® For TD†.
- 4.5 Points per $1 on groceries and dining purchases.
- 3 Points per $1 on recurring bill payments.
- 1.5 Points per $1 on all other purchases.
The card offers strong earning potential, especially for those who frequently book travel or spend on groceries and dining. However, if travel through Expedia isn’t a regular expense, the rewards on other categories are still competitive but not industry-leading.
Redeeming Rewards
TD Rewards Points are highly flexible and can be redeemed for:
- Travel: Book flights, hotels, and vacation packages through Expedia® For TD†.
- Merchandise and Gift Cards: Redeem points for a variety of goods.
- Amazon Shop with Points: Use your points for purchases on Amazon.ca.
- Bill Payments or Statement Credits: Apply points to lower your credit card balance.
This flexibility ensures you get value out of your points, whether you use them for travel or everyday purchases.
Rewards Potential
Based on average Canadian spending, cardholders can expect to earn up to $312.42 annually when using the card heavily for Expedia travel bookings. This drops slightly to $292.82 annually if travel bookings are made elsewhere. Either way, the rewards potential makes the TD Platinum Travel Visa Card a good choice for everyday earners.
TD Platinum Travel Visa Card Benefits
In addition to its rewards program, the TD Platinum Travel Visa Card provides several key benefits:
- Travel Insurance: Includes trip cancellation, trip interruption, and delayed baggage insurance, ensuring peace of mind when traveling.
- Expedia for TD: Maximize your rewards by booking through Expedia and earning 6 points per $1 spent.
- No Expiry on Points: As long as your account remains open and in good standing, your TD Rewards Points won’t expire.
- No Blackouts or Seat Restrictions: Redeem your points for travel without any restrictions.
Rates & Fees
Interest Rates
- Purchase APR: 20.99%
- Cash Advance APR: 22.99%
- Balance Transfer APR: 22.99%
Fees
- Annual Fee: $89 (rebated for the first year)†.
- Foreign Transaction Fee: 2.5% on purchases made outside of Canada.
- Cash Advance Fee: 1% of the amount, with a $3.50 minimum and $10 maximum.
Comparison with other similar cards
TD Platinum Travel Visa Card vs. TD Aeroplan Visa Platinum Card
Both cards have similar annual fees and welcome bonuses. However, the TD Platinum Travel Visa is better for those who prefer flexible redemptions with Expedia, while the TD Aeroplan Visa Platinum Card offers better value for Air Canada travelers.
TD Platinum Travel Visa Card vs. American Express Aeroplan Reserve Card
The Amex Aeroplan Reserve Card offers more premium benefits, such as lounge access and enhanced insurance, but comes with a significantly higher annual fee. The TD Platinum Travel Visa is more budget-friendly, with decent rewards for Expedia users.
TD Platinum Travel Visa Card vs. CIBC Aeroplan Visa Infinite Card
The CIBC Aeroplan Visa Infinite Card offers specific Air Canada perks, such as free checked bags, that the TD Platinum Travel Visa lacks. However, the TD card offers more flexibility in redeeming points through Expedia and on everyday purchases.
Is This Card Right for You?
The TD Platinum Travel Visa Card is a solid choice for:
- Expedia Enthusiasts: If you frequently book travel through Expedia, the 6 points per $1 rewards rate makes this card particularly valuable.
- Everyday Earners: If you dine out or shop for groceries often, the 4.5 points per $1 rewards rate makes it a good fit for maximizing daily spending.
- Flexibility Seekers: With the ability to redeem points on travel, merchandise, and even Amazon purchases, this card provides versatile redemption options.
However, if you’re looking for premium travel perks such as airport lounge access or extensive travel insurance, you may find better value in other premium cards.