TD Cash Back Visa Infinite

Overview

The TD Cash Back Visa Infinite Card is TD Bank's premium cashback card for everyday Canadian spending. It earns 3% cashback on groceries, gas and EV charging, public transit, recurring bill payments, and streaming and digital media purchases — all within a $15,000 CAD annual cap per category. After the cap, purchases in that category drop to 1%. All other spending earns 1% with no cap. The $139 CAD annual fee is offset by meaningful cashback on common household expenses, and the Visa Infinite tier includes a suite of travel and purchase insurance. You need at least $60,000 CAD in personal income or $100,000 CAD in household income to qualify.

Who this card is for

This card is for Canadian households with consistent spending on groceries, gas, and recurring bills who want to maximise cashback without worrying about points currencies or redemption portals. Spend $2,000 CAD per month in the 3% categories and you're generating $720 CAD in cashback annually — $581 CAD net after the fee. That's a meaningful return for straightforward cashback. It also suits TD banking customers who want their cashback managed within their existing banking relationship.

Key benefits

The 3% rate covers an unusually broad set of everyday categories: groceries, gas, transit, recurring bills, and streaming. Most comparable cashback cards restrict 3%+ earn to one or two categories. Spend $500 CAD on groceries, $200 CAD on gas, and $300 CAD on recurring bills monthly and you're earning $360 CAD in cashback from those three categories alone over the year.

A TD Auto Club (roadside assistance) membership is included with the card, adding a benefit that would otherwise cost $80–100 CAD annually. Visa Infinite travel insurance and purchase protection cover the card's travel and shopping use cases. A welcome bonus offering elevated cashback on initial spending is typically available for new cardholders.

Potential drawbacks

The $15,000 CAD annual cap per bonus category only affects very high spenders in any single category, but it's worth tracking if your grocery or gas bill is consistently above $1,250 CAD per month. The Visa Infinite income threshold excludes lower-income earners who might otherwise benefit. The card earns cashback rather than points — useful for simplicity, but not for those building toward a specific travel redemption.

How it compares

The MBNA Smart Cash World earns 2% cashback on gas and groceries at $39 CAD annually — a lower earn rate in two categories at a lower fee, but without recurring bills or transit coverage. The Scotia Momentum Visa Infinite + also earns 4% on groceries and recurring bills at $120 CAD annually — a higher grocery rate, but narrower category breadth. For a multi-category 3% cashback card under the TD umbrella, the TD Cash Back Visa Infinite is the strongest domestic option at this fee level.

Bottom line

If you spend heavily on groceries, gas, and recurring bills and want predictable cashback credited automatically, the TD Cash Back Visa Infinite is one of the more efficient everyday cards in Canada. The category breadth at 3% is unusual at this price point.