How does the 10% cash back promo on the TD Cash Back Visa Infinite work?

For the first 3 months, TD bumps your earn rate to 10% cash back on grocery, gas and recurring bill purchases, capped at $3,500 in eligible spending. That's a maximum of $350 in extra cash back during the promotional period, which the bank pays out as a statement credit. After month three, the card reverts to its standard 3% rate on those same categories. Combined with the first-year annual fee waiver, the welcome offer is worth up to $350 in real value, making this one of TD's more aggressive sign-up incentives.

Is 3% cash back on groceries and gas competitive in Canada?

It's solid for a Visa-network card, but not class-leading. The Scotia Momentum Visa Infinite offers 4% on groceries and recurring bills, and the BMO Cash Back World Elite Mastercard also offers 5% on groceries. Where the TD Cash Back Visa Infinite distinguishes itself is the broader 3% category list: groceries, gas, EV charging, recurring bills and public transit all earn the same elevated rate. If your spending is split evenly across those categories rather than concentrated in groceries alone, this card often wins on total annual cash back.

What does the free TD Auto Club Deluxe membership actually cover?

TD bundles a complimentary Auto Club Deluxe membership ($79 annual value) with the card, providing 24/7 roadside assistance, towing up to 200 kilometres, battery boosts, flat tire changes, fuel delivery and lockout services. Coverage extends to the cardholder regardless of which vehicle they're driving, so it follows you in rentals, work cars or a friend's vehicle. For drivers who currently pay for CAA or AMA, that benefit alone offsets a meaningful portion of the standard annual fee once year two arrives.

Can I redeem TD Cash Back rewards anytime or only at certain thresholds?

TD requires a minimum balance of $25 in cash back to redeem, after which you can apply rewards toward your TD Canada Trust mortgage, RSP or TFSA, or use them as a statement credit on the card. There is no automatic year-end payout: you trigger redemptions yourself through EasyWeb online banking or the TD app. Rewards never expire as long as the account stays open and in good standing, so frequent redeemers and those who batch once a year both get the same dollar value in the end.