To the point
As of May 1, 2025, TD is enhancing its credit cards with new reward categories and the addition of airport lounge access for the TD First Class Travel Visa Infinite Card, but is also increasing interest rates.
TD has just unveiled a series of changes that will take effect on May 1, 2025 for its entire credit card portfolio.
These changes mainly affect discount rates and benefits, with the addition of new multiplier categories such as:
- Public transport;
- Electric vehicle recharging;
- Establishments serving alcohol (bars, nightclubs, lounges);
- Streaming services, digital media and video games.
Additionally, the most notable change involves the TD First Class Travel® Visa Infinite* Card , which will now offer a complimentary Visa Airport Companion membership and four annual airport lounge passes with DragonPass!
However, these improvements are accompanied by an increase in interest rates for the majority of cards.
TD Credit Cards - Summary of Changes
| Map | Main changes |
| TD First Class Travel® Visa Infinite* Card |
|
| TD Platinum Travel Visa* Card |
|
| TD Rewards Visa* Card |
|
| TD® Aeroplan® Visa Infinite Privilege* Credit Card |
|
| TD® Aeroplan® Visa Infinite* Card |
|
| TD® Aeroplan® Visa Platinum* Credit Card |
|
| TD Cash Back Visa Infinite* Card |
|
| TD Cash Back Visa* Card |
|
| TD Low Rate Visa* Credit Card |
|
TD First Class Travel® Visa Infinite* Card
Changes include new access to airport lounges, new reward categories and increased interest rates.
Major new benefit
- Free Visa Airport Companion membership with 4 free accesses per year ( $285 value)
New reward categories
- Public transit: 6 points per dollar (annual cap of $25,000)
- Establishments selling alcohol (bars, nightclubs, lounges): 6 points per dollar (annual cap of $25,000)
- Streaming services, video games and digital subscriptions: 4 points per dollar (annual cap of $25,000)
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99%
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
The full Review is available here.
TD Platinum Travel Visa* Card
Changes include new reward categories and increased interest rates.
New reward categories
- Public transit: 4.5 points per dollar (annual cap of $15,000)
- Establishments selling alcohol (bars, nightclubs, lounges): 4.5 points per dollar (annual cap of $15,000)
- Streaming services, video games and digital subscriptions: 3 points per dollar (annual cap of $15,000)
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD Rewards Visa* Card
Changes include new reward categories and increased interest rates.
New reward categories
- Public transit: 3 points per dollar (annual cap of $5,000)
- Establishments selling alcohol (bars, nightclubs, lounges): 3 points per dollar (annual cap of $5,000)
- Streaming services, video games and digital subscriptions: 2 points per dollar (annual cap of $5,000)
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD® Aeroplan® Visa Infinite Privilege* Credit Card
Changes include new reward categories and increased interest rates.
New reward categories
- Electric vehicle charging: 1.5 points per dollar (included in Gasoline category)
- Public transport: 1.5 points per dollar (included in the Travel category)
- Annual cap of $100,000 (unchanged) on 1.5-point categories
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD® Aeroplan® Visa Infinite* Card
Changes include a new rewards category and an increase in interest rates.
New reward categories
- Electric vehicle charging: 1.5 points per dollar (included in Gasoline category)
- Annual cap of $80,000 (unchanged) on 1.5-point categories
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD® Aeroplan® Visa Platinum* Credit Card
Changes include a new rewards category and an increase in interest rates.
New reward categories
- Electric vehicle charging: 1 point per dollar (included in Gasoline category)
- Annual cap of $80,000 (unchanged) on 1-point categories
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD Cash Back Visa Infinite* Card
The changes include new cash back categories and an increase in interest rates.
New cash back categories
- Electric vehicle charging: 3% (annual cap of $15,000)
- Public transit: 3% (annual cap of $15,000)
- Streaming services, games and digital subscriptions: 3% (annual cap of $15,000 combined with pre-authorized payments)
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD Cash Back Visa* Card
The changes include new cash back categories and an increase in interest rates.
New cash back categories
- Electric vehicle charging: 1% (annual cap of $5,000)
- Public transit: 1% (annual cap of $5,000)
- Streaming services, games and digital subscriptions: 1% (annual cap of $5,000 combined with pre-authorized payments)
Changes in interest rates
- Purchasing: increase from 20.99% to 21.99
- Penalty rate: increase from 25.99% to 26.99%
- Cash advances (Quebec only): increase from 20.99% to 21.99%
Other changes
- New administration fee on inactive credit balance (after 12 months)
- Changes to cash advance transaction fees
- Reduced fees for returned payments
The full Review is available here.
TD Low Rate Visa* Credit Card
The changes concern only miscellaneous expenses, with no change in interest rates.
Changes in transaction fees on cash advances and balance transfers
- 1% of amount (minimum $3.50, maximum $10)
- No charge for credit balances
- Returned payment fee reduced from $48 to $10
- Promotional balance transfer fee increased to 5% (previously 3%)
New fees
- Administration fee on inactive credit balance after 12 months (maximum $10)
These changes do not apply to Quebec residents. The full Review is available here.
Bottom Line
Despite a rise in interest rates, TD is significantly enhancing the benefits of its credit cards as of May 1, 2025.
TD adds new categories to include sustainable modes of transport: electric vehicle recharging and public transport will be rewarded at the same rate as gasoline. The bank is also adding bars and nightclubs to the Restaurant category.
However, it is the TD First Class Travel® Visa Infinite* Card that stands out the most, with the addition of access to VIP airport lounges. With four free accesses per year (a value of $285), it will become one of the best travel credit cards in Canada.
There’s never been a better time to take advantage of the current welcome offer: up to 135,000 TD Rewards points ( $675 value in travel) and the first year free!
