The TD Rewards Visa offers strong earnings potential for a no fee rewards card. Plus, you have flexible options for points redemption with the ability to use your points for any travel booking through Expedia for TD, or for purchases on Amazon, gift cards and more.
Pros:
- Flexible redemption options: You can redeem points through Expedia for TD on a variety of travel purchases from flights to hotels, or use the Book Any Way option to redeem your points towards a statement credit for a travel purchase booked on any website
- Pay off your credit card bill: You can redeem TD Rewards points to pay off your credit card balance
- Extra perks: Added benefits like savings on rental cars, extra Starbucks rewards and mobile device insurance are valuable to users
Cons:
- Points worth less for travel: Points are worth half a cent on Expedia for TD which is reasonable but less than other travel card reward programs
- Points value drops for non-travel redemptions: Your points are worth much less for statement credits and gift cards at one quarter of a cent per point
- Lacks travel insurance: While the card offers mobile device insurance and purchase security/extended warranty, it lacks travel medical or trip insurance so you’ll have to pay for this yourself
