Head-to-Head: TD Platinum Travel Visa* Card and National Bank Platinum Mastercard^® Card

TD and National Bank each offer a credit card called Platinum:

At first glance, Visa and Mastercard cards may seem identical, especially since their names are almost the same! But which one is the most advantageous?

Let’s look at each of their features in detail, to distinguish these two credit cards.

Welcome bonus and annual benefits

You can earn up to 50,000 TD Rewards points (worth $370), distributed as follows:

• 15,000 TD Rewards points on your first purchase with your Card
• 35,000 TD Rewards points after $3,000 in purchases within the first 6 months

What’s more, there’s no annual fee ($89) for the first year on this TD Platinum Travel Visa* Card.

You can earn up to 40,000 reward points with the National Bank Platinum Mastercard, distributed as follows:

• 10,000 reward points upon enrolling in payment insurance for at least the first 3 months
• 15,000 reward points after $2,500 in purchases within the first 3 months
• 15,000 reward points after $10,000 in purchases within the first 12 months

In addition, the $70 annual fee is waived for the first year for the primary cardholder.

Minimum Income

There is no minimum annual income for this card.

To be eligible, you must:

• Be of the age of majority in your province or territory of residence
• Be a legal resident of Canada,

No minimum annual income is required.

The eligibility criteria for the National Bank Platinum Mastercard^® are :

• Have reached the age of majority in your province/territory
• Be a legal resident of Canada,

The accumulation of points

The TD Platinum Travel Visa* Card rewards the cardholder with :

• 5 TD Rewards points per dollar when booking a trip online at ExpediaForTD.com
• 3 TD Rewards points per dollar on groceries and pre-authorized recurring bill payments
• 2 TD Rewards points per dollar spent on other purchases

With the National Bank Platinum Mastercard^®, you can accumulate :

• 2 points per dollar on grocery store and restaurant purchases,
• 1.5 points per dollar for gas, electric recharges, recurring bills and À la Carte Travel
• 1 point per $1.5 for all other purchases

Redeeming Points

With the TD Platinum Travel Visa* Card, the best use of TD Rewards points is to redeem them when booking directly on the Expedia site for TD.

You can use your points to reimburse taxes, golf fees or resort tours.

Rewards	Points for $100
Exchange with Expediafor TD	20 000
Flexible travel rebates	25 000
Shop with TD Points at Amazon.ca	33 303
Gift card	40 000
Statement Credit	40 000

With the National Bank Platinum Mastercard, you can use your points for various rewards, including travel discounts such as an apartment rental on Airbnb, or SAQ gift cards.

Rewards	Points for $100
Redeem with the dedicated travel agency of the NBC à la carte Plan.	10 000
Flexible travel discount (from 55,000 points redeemed)	11 000
Flexible travel rebates	12 000
A la carte extras, RRSP or TFSA contribution, All-in-one home equity line of credit or mortgage repayment	12 000
Gift card	12,000 – 13,500
Statement Credit	25 000

Insurance

Insurance
Trip Cancellation Insurance	None	Up to $1,250 per person
Trip Interruption Insurance	None	Up to $2,500 per person
Out-of-Province/Country Emergency Medical Insurance	None	Up to $5,000,000 for up to 10 days (age 76 and under)
Flight delay insurance	Up to $500 after 4 hours	Up to $500 after 4 hours
Delayed Baggage Insurance	Up to $1,000 after 6 hours	Up to $500 after 6 hours (up to $1,000 for lost, damaged or stolen baggage)
Hotel Burglary Insurance	Up to $2,500	None
Car Rental Theft and Damage Insurance	Up to $65,000	Up to $65,000
Travel accident insurance (public carrier)	Up to $500,000	None
Insurance – Purchase	Up to 90 days	Up to 2 additional years
Extended warranty – Purchase	Up to 1 additional year	180 days
Mobile Device Insurance	Up to $1,000	Up to $1,000

Here are all the details and conditions in :

Conclusion

So? Which Card is the winner?

In general, the National Bank Platinum Mastercard^® has a head start for :

On the other hand, the TD Platinum Travel Visa* Card is gaining ground with :

All in all, both cards are a good way to get started in the world of travel rewards, but the National Bank Platinum Mastercard^® may be better suited to accompanying you abroad, thanks to its insurance benefits.

If you’ve ever had one of these two cards, what are your comments? Come and point them out in the Milesopedia Facebook group.

To see other cards, check out our ranking of the best travel credit card offers in Canada.

Frequently Asked Questions about TD Platinum Travel Visa* Card vs National Bank Platinum Mastercard

Here are frequently asked questions in the milesopedia community about this card.