TD Cash Back Visa Infinite: A Comprehensive Review

The TD Cash Back Visa Infinite Credit Card is designed to help customers earn cash back rewards on their everyday purchases. One of the main features of the credit card is the flexible redemption options.

This flexibility allows customers to use their rewards in a way that best suits their needs. With its generous rewards program, flexible redemption options, and welcome bonus, this card is the top choice for many customers.

Getting to know the TD Cash Back Visa Infinite credit card

The  Credit Card is a popular choice among Canadians who want to earn cash back rewards on their everyday purchases. This credit card offers a number of benefits, including a generous cashback program, travel insurance, and exclusive Visa Infinite perks.

With the Credit Card, cardholders can earn up to 3% cash back on eligible purchases, including groceries, gas and recurring bills. Cash back rewards are automatically credited to the cardholder’s account, making it easy to redeem rewards and save money.

• Issuing Bank: TD Canada Trust
• Flag: Visa
• Annual Fee: $120.
• Coverage: The is accepted at millions of locations worldwide where Visa is accepted.

This card is ideal for those looking to earn cash back on their everyday purchases, especially for groceries, gas, and recurring bill payments, as it offers competitive cash back rates in these categories. The included travel and purchase insurance benefits also add significant value for cardholders.

Benefits and Advantages of the TD Cash Back Visa Infinite Credit Card

The TD Cash Back Visa Infinite credit card offers a wide range of benefits and advantages to cardholders. Here are some of the key benefits:

Cash Back Rewards

One of the most significant advantages of the TD Cash Back Visa Infinite credit card is the cash back rewards program. Cardholders can earn up to 3% cash back on eligible purchases, including groceries, gas, and recurring bill payments.

Additionally, cardholders can earn 1% cash back on all other purchases. This rewards program is an excellent way to earn cash back on everyday purchases and can add up quickly.

Travel Benefits

The TD Cash Back Visa Infinite credit card also offers a range of travel benefits, including travel medical insurance, trip cancellation and interruption insurance, and rental car insurance. These benefits can provide peace of mind when traveling, knowing that you are covered in case of an emergency.

Luxury Hotel Collection

Cardholders also have access to the Luxury Hotel Collection, which offers exclusive benefits and upgrades at over 900 luxury hotels worldwide. This benefit can provide significant savings and enhance the travel experience for cardholders.

Concierge Service

Cardholders also have access to a 24/7 concierge service that can assist with travel, dining, and entertainment reservations, as well as other personal requests. This service can save time and provide convenience for cardholders.

Other Benefits

Other benefits of the credit card include extended warranty coverage, purchase security, and price protection. These benefits can provide additional protection and peace of mind when making purchases with the card.

Overall, the credit card offers a range of benefits and advantages to cardholders, including cash back rewards, travel benefits, luxury hotel perks, concierge service, and additional protections.

What do you need to get the TD Cash Back Visa Infinite credit card?

To apply for the credit card, you must meet certain eligibility criteria. Here are the requirements:

Age and Residency

The applicant must be a Canadian resident and at least 18 years of age.

Credit Score

TD Bank will check the applicant’s credit score before approving the credit card application. A good credit score will increase the chances of approval. It is recommended to have a credit score of at least 700.

Income

Applicants must have a minimum annual income of $60,000 or a minimum household income of $100,000 to be eligible for the credit card.

Documents

When applying for the credit card, the applicant will need to provide some documents, which include:

• A valid government-issued photo ID
• Proof of income (such as a recent pay stub or Notice of Assessment)
• Proof of address (such as a recent utility bill or bank statement)

Once the applicant meets the eligibility criteria and provides all the required documents, they can submit the application online or in-person at a TD Bank branch.

In conclusion, to get the credit card, the applicant must be a Canadian resident, at least 18 years of age, have a good credit score, meet the minimum income requirements, and provide the necessary documents.

Positive and Negative Points of the TD Cash Back Visa Infinite Credit Card

The credit card is a popular choice among consumers due to its cash back rewards program and other benefits. Here are some of the positive and negative points of this credit card:

Positive Points

• Cash Back Rewards: The TD Cash Back Visa Infinite credit card offers up to 3% cash back on eligible purchases, making it a great way to earn money back on everyday expenses.
• Travel Benefits: Cardholders can enjoy travel benefits such as travel medical insurance, trip cancellation and interruption insurance, and rental car insurance.
• No Annual Fee for the First Year: New cardholders can enjoy the benefits of the credit card without having to pay an annual fee for the first year.
• Concierge Service: The card offers a 24/7 concierge service that can assist with travel planning, restaurant reservations, and more.

Negative Points

• High Annual Fee: After the first year, the TD Cash Back Visa Infinite credit card has a high annual fee of $120.
• Limited Redemption Options: While the cash back rewards program is generous, there are limited options for redeeming rewards, which may not be ideal for some consumers.
• High Interest Rates: The interest rates on the  credit card are high, making it important for cardholders to pay off their balance in full each month to avoid accruing interest charges.

Overall, the credit card offers a generous cash back rewards program and valuable travel benefits, but it may not be the best choice for consumers who are looking for a credit card with a low annual fee or more flexible redemption options.

Can I apply for the TD Cash Back Visa Infinite credit card even if I am negative?

If you have a negative credit score, you may be wondering if you are eligible to apply for the credit card. The answer is not straightforward, as each application is evaluated on a case-by-case basis. However, having a negative credit score may lower your chances of being approved for the card.

When you apply for the credit card, TD Bank will review your credit score and credit history. If you have a negative credit score, it may indicate to TD Bank that you have a history of late payments, defaults, or other issues that could make you a high-risk borrower. As a result, TD Bank may deny your application or offer you a lower credit limit than you would receive with a positive credit score.

If you are concerned about your credit score, it may be helpful to take steps to improve it before applying for the credit card. This could include paying off outstanding debts, making all of your payments on time, and avoiding applying for new credit cards or loans.

Overall, while it is possible to apply for the credit card with a negative credit score, it may be more difficult to be approved. If you are unsure about your eligibility, it may be helpful to speak with a representative from TD Bank to discuss your options.

Ways to Apply for TD Cash Back Visa Infinite Credit Card

If you are interested in applying for the credit card, there are several ways to do so. Here are the most common ways:

Online Application

The easiest and most convenient way to apply for the credit card is through the TD Bank website. The online application process is simple, and you can complete it from the comfort of your own home. You will need to provide some personal and financial information, such as your name, address, income, and employment details.

In-Person Application

If you prefer to apply in person, you can visit any TD Bank branch and speak with a representative. They will guide you through the application process and answer any questions you may have. You will need to bring some personal and financial documents, such as your ID, proof of income, and credit history.

Phone Application

Another option is to apply for the credit card over the phone. You can call the TD Bank customer service line and speak with a representative who will guide you through the application process. You will need to provide some personal and financial information, such as your name, address, income, and employment details.

Pre-Approved Offer

If you are a TD Bank customer, you may receive a pre-approved offer for the credit card. This means that you have already been pre-screened and meet the criteria for the card. You can accept the offer and apply for the card online, in person, or over the phone.

No matter which method you choose, it is important to ensure that you meet the eligibility requirements for the credit card. These include having a good credit score, a stable income, and being a Canadian resident.

Is it worth applying for the TD Cash Back Visa Infinite credit card?

The TD Cash Back Visa Infinite credit card is a premium credit card that offers a range of benefits to its users. However, whether it is worth applying for this credit card depends on the individual’s financial situation and spending habits.

One of the key benefits of the credit card is its cash back rewards program. The card offers 3% cash back on eligible grocery purchases, 3% cash back on recurring bill payments, and 1% cash back on all other purchases. This can be a significant benefit for those who spend a lot on groceries and bills.

In addition to the cash back rewards program, the credit card also offers a range of other benefits, including travel insurance, purchase protection, and concierge services. These benefits can be valuable for frequent travelers and those who make large purchases with their credit card.

However, the credit card also has a high annual fee of $120. This fee may not be worth it for those who do not spend enough to earn significant cash back rewards or who do not take advantage of the other benefits offered by the card.

Overall, whether the credit card is worth applying for depends on the individual’s spending habits and financial situation.

Those who spend a lot on groceries and bills and who travel frequently may find the card’s benefits to be worth the annual fee. However, those who do not spend enough to earn significant cash back rewards or who do not take advantage of the other benefits offered by the card may find the annual fee to be too high.

TD Cash Back Visa Infinite Credit Card

The TD Cash Back Visa Infinite credit card is a premium credit card that offers an array of benefits to its users. With this card, customers can earn cash back on their everyday purchases, travel benefits, and much more.

One of the main benefits of the credit card is its cash back rewards program. Cardholders can earn up to 3% cash back on eligible purchases, including gas, groceries, and recurring bill payments. Additionally, customers can earn 1% cash back on all other eligible purchases.

The TD Cash Back Visa Infinite credit card also offers travel benefits, including travel medical insurance, trip cancellation insurance, and rental car collision/loss damage insurance. Cardholders can also enjoy exclusive access to luxury hotels and resorts worldwide through the Visa Infinite Luxury Hotel Collection.

Other benefits of the credit card include a complimentary Priority Pass membership, which provides access to over 1,000 airport lounges worldwide, as well as concierge service and 24/7 customer support.

Overall, the TD Cash Back Visa Infinite credit card is a great choice for customers who want to earn cash back on their everyday purchases while also enjoying premium travel benefits.