3. The card comes with a generous welcome bonus

Earn up to 100,000 TD points (up to $500). First earn 20,000 TD points with your first card purchase, then another 80,000 when you spend $1,500 within the first 90 days of getting the card. Plus, earn a 0% bonus interest on travel purchases for the first six months. Must be applied for before May 29, 2022. (For Quebec residents, click here.) The $120 annual fee is also waived for your first year. If you plan to add an additional cardholder (to help you accumulate points faster), the $50 fee will also be waived. That’s a savings of $170.

4. You get great travel insurance

The TD First Class Travel Visa Infinite Card comes with travel medical insurance up to $1 million for the first 21 days of a trip. Trip cancellation, trip interruption, common carrier travel accident insurance, travel assistance services, and delayed and lost baggage insurance round out the card’s benefits. However, for a premium rewards card, The TD First Class insurance is pretty standard; so if you’re looking for more comprehensive credit card insurance, consider a card like the National Bank World Elite Mastercard*, which comes with up to $5 million in out-of-province medical/hospital insurance for trips up to 60 days (if you’re younger than 54 years).

5. You get a discount on access to the lounge

The TD First Class Travel Visa Infinite Card gives you a 20% discount on a Priority Pass. If you’re a regular traveler, this could be a game-changer for you as you get discounted access to over 1,200 VIP lounges around the world. That means you can retreat from the busy terminal and enjoy free drinks, a relaxing atmosphere and telephone, fax and internet services. In addition, you can use your TD points towards your membership.

How to redeem your TD points:

You can redeem your TD points for travel in two ways. The best and most valuable way is through the online portal Expedia For TD, where you can redeem 200 TD points per $1 of travel credit (0.5%) and pay the balance of the fee (if applicable) with your credit card (you also earn Points on this release).

Your other redemption choice is the “Book Any Way” option, which allows you to book through other travel websites; however, your bookings can cost up to 25% more if you go this route. When using “Book Any Way” you are redeeming 250 TD points per $1 (0.4%) applied as a statement credit on your first $1,200 in travel purchases and 200 TD points per $1 (0.5%) for your travel purchases over $1,200. By comparison, Expedia For TD gives you a better and more consistent return of 0.5% on all your travel spend.

In either case, the TD First Class Travel Visa Infinite Card allows you to redeem for any seat on any airline. In addition, you can exchange points for rewards in small increments (minimum 200), so this means you don’t have to build up a large pool of points before you can use them for travel.

Finally, through the TD Rewards site, you can purchase items such as a Vitamix blender, Dyson vacuum cleaner, or gift cards. However, you will not get the same value as when you book a trip. For example, a $50 gift card at Best Buy will set you back 20,000 TD points, while you can use the same amount of points toward $100 worth of travel on the Expedia For TD portal.

This post TD First Class Travel Visa Infinite Card review 2022

was original published at “https://www.moneysense.ca/spend/credit-cards/td-first-class-travel-visa-infinite-card-review/”