EDIT: The 10% cash back offer has been extended until March 4, 2024!!
The TD Cash Back Visa Infinite Card is a great credit card for Canadians who want to earn cash back on all their everyday purchases!
Now is a great time to apply for the card as the annual fee is waived for the first year. Plus, it’s offering a welcome bonus of up to 10% cash back on gas & grocery spend for the first 3 months (up to $3,500 spend) if you apply before March 4, 2024. That equates to earning $350 in cash back to help pay down your purchases!
Also, the cash back website, Great Canadian Rebates (GCR) is offering a cash back bonus of $60 if you’re approved for the TD Cash Back Visa Infinite card!
TD Cash Back Visa offer: 10% cash back offer & first year free!
The TD Cash Back Visa Infinite Card is offering a welcome bonus of up to 10% cash back until March 4, 2024!
You’ll earn 10% cash back on eligible gas & grocery purchases plus pre-authorized payments in your first 3 months up to a maximum of $3,500 spend.
Plus, this card is FREE for the first year with an annual fee rebate (of $139) for the primary cardholder and first additional cardholder.
To apply for this card, you’ll need a $60,000 annual personal income or $100,000 annual household income. Other conditions apply.
TD Cash Back Visa Infinite card earning rates
With the TD Cash Back Visa Infinite card, you’ll earn:
- 3% cash back for every $1 spent on gas & grocery purchases plus recurring bill payments (yearly spend cap of $15,000 for each).
- 1% cash back for each $1 on all other purchases.
These are decent cash back earn rates. But if you want a higher return on groceries, consider the Amex Cobalt card as it gives the equivalent of 5% back on grocery purchases!
Learn more about the best Canadian credit cards to use for groceries.
Redeem your cash back
You can redeem your TD cash back credit to help pay down your credit card balance at anytime. But, note that there is a minimum redemption amount of $25.
Plus, your cash back never expires as long as your account is open & in good standing.
Card benefits & Insurance
The TD Cash Back Visa Infinite card comes with some unique automotive benefits:
- Free Deluxe TD Auto Club Membership – You’ll be covered 24 hours a day with Emergency Road Services in case something goes wrong when you are out on the road.
- Save with Avis Rent A Car and Budget Rent A Car – Save a minimum of 10% off the lowest available base rates in Canada and the U.S., and a minimum of 5% off the lowest available base rates internationally, on qualifying car rentals at participating Avis and Budget locations.
Plus, the card has a good suite of insurance coverage:
- Travel medical insurance
- Delayed and lost baggage insurance
- Car rental collision and loss damage coverage
- Purchase security & extended warranty protection
- Mobile device insurance
Please review the TD Cashback Visa Infinite insurance certificate for terms and conditions.
Bonus $60 when you apply through Great Canadian Rebates
Here’s where the interesting cash bonus comes in. If you apply for this card through Great Canadian Rebates, you could earn a $60 bonus!!!
What’s Great Canadian Rebates (GCR) you ask? For those unfamiliar, it’s a website that offers cash back rebates on almost every online purchase with select Canadian merchants. This includes stores such as: Sport Chek, Amazon.ca, Home Depot and many more. The cash back rate will vary between 1% to 8% with the average being 4% for most vendors; but they also provide cash back when you apply to certain financial products (such as $60 for the TD Cash Back Visa Infinite credit card).
Interested in getting this offer? Here’s what you’ll need to do:
- Sign up for Great Canadian rebates through this link, or login if you already have an account.
- Choose your cash back method such as Paypal, egift card, or direct deposit. My preference is to be paid by Paypal and then deposit the funds directly into my bank account.
- Type “TD Cash Back Visa Infinite” in the search bar to find this offer or look under Categories > Credit Cards & Finance and scroll down to find it.
- Click on the link to apply which will open in a new browser tab.
- Proceed with the TD card application by providing your personal information like address, date of birth, employer and income.
*Important Note* applying for this credit card will result in hard inquiry by TD on your credit report.
Once you’re approved, GCR will keep track of your application and send the cash back about 2-3 months later, (usually by the 28th of the month). To help you out, you can refer to the following schedule.
Next, TD will send out your credit card usually within 1-2 weeks.
Once your card arrives, get ready to earn 10% cash back on gas & grocery purchases (up to $3,500 spend) for the first 3 months!
Summary
The TD Cash Back Visa Infinite card is a fantastic credit card to earn cash back on all your purchases! Apply before March 4, 2024 to earn 10% cash back on your gas, grocery purchases + pre-authorized payments (up to $3,500 spend) for a total of $350! Plus, you don’t pay the $139 annual fee in the first year!
For those that don’t have the card, consider applying through Great Canadian Rebates to get a bonus of $60 cash back! That means you could earn up to $350 + $60 = $410 cash back with this one card!!
Also, TD has the TD Cash Back Visa card which has no annual fee but lower cash back earning rates.
Do you plan on applying or already have the TD Cash Back Visa Infinite card? Let me know in the comments below.
This is not a sponsored post by TD and reflects my own opinions about their products. For full details and current TD product information, please click on the appropriate credit card or learn more link.