Earn rates
Travel booked online through Expedia For TD earns 9x points. Dining, EV charging, public transit, streaming and digital media, recurring bill payments, and foreign-currency purchases all earn 6x, up to a combined $80,000 in net annual spend, after which they earn the 2x base rate. Every other business purchase earns 2x. Points are worth 200 to the dollar against travel booked on Expedia For TD, so 9x works out to about 4.5% back and the 2x base to about 1%.
| Spending category | Earn rate | Points per $100 spent |
|---|---|---|
| Travel via Expedia For TD (online) | 9x TD Rewards | 900 pts |
| Dining, EV charging, transit, streaming, recurring bills, foreign currency | 6x TD Rewards | 600 pts |
| All other business purchases | 2x TD Rewards | 200 pts |
Key benefits
| Benefit | Details |
|---|---|
| Welcome bonus | Up to 200,000 points: 30,000 on first purchase, 120,000 after $15,000 spend in 180 days, 30,000 after $25,000 spend in 365 days, and 20,000 for a purchase in the 15th month. |
| First-year fee rebate | The $149 primary fee and the $49 fee on up to four additional cards are rebated for the first year on a new account. |
| Expense management | The TD Card Management Tool tracks spending across all cards on the account and exports for bookkeeping. Add additional employee cards as needed. |
| Visa SavingsEdge | Automatic savings on eligible business purchases at participating merchants, applied without coupons or codes. |
| Flexible redemption | Redeem on Expedia For TD with no blackout dates, plus Amazon.ca, statement credits, and other partners. Points do not expire while the account stays open. |
| Travel insurance | Travel medical, trip cancellation and interruption, flight and baggage delay, and rental car coverage are included. Full limits below. |
What your monthly business spend earns
| Category | Monthly spend | Rate | Monthly pts |
|---|---|---|---|
| Dining, transit, recurring & FX | $1,000 | 6x | 6,000 |
| All other business purchases | $4,000 | 2x | 8,000 |
| Total | $5,000 | 14,000 pts / mo |
168,000 pts / year (~$840 in Expedia For TD travel, ~$691 net of the $149 fee). ~1.40% effective return. Travel booked through Expedia For TD earns 9x and adds to this on top of everyday spend.
Travel insurance
Coverage types and limits:
- Travel medical: up to $2,000,000 (15 days; 4 days if age 65+)
- Trip cancellation: up to $1,500 per person
- Trip interruption: up to $5,000 per person
- Flight and trip delay: up to $500
- Delayed and lost baggage: up to $1,000 per person
- Common carrier accident: up to $500,000
- Auto rental collision and loss damage
Coverage limits and eligibility conditions apply. The 4-day medical limit for travellers 65 and older requires supplemental insurance for longer trips. Always review the certificate of insurance before travel.
Good fit if
- You run a business that books travel through Expedia For TD, where the 9x rate and the up-to-200,000-point welcome bonus return the most value.
- You cannot meet the personal income test on a Visa Infinite card. This card has no income requirement.
- You want a flat 2x floor on all business spending, so categories that earn 1x on most cards still earn double here.
Less useful if
- You book travel directly with airlines and hotels rather than through Expedia For TD, where the top rates do not apply.
- You want transferable points for premium-cabin redemptions. The TD Rewards points here are worth about 0.5¢ each on travel, not the higher value of airline miles.
- You are a sole proprietor with modest spend. The personal TD First Class Travel Visa Infinite may earn comparably with a lower fee.