TD Rewards Points Guide: Best Ways to Redeem for Travel

What are TD Rewards points?

TD Rewards is TD Canada Trust's in-house points program, earned on TD travel/rewards credit cards like the TD First Class Travel Visa Infinite, TD Platinum Travel Visa, TD Rewards Visa, and TD Business Travel Visa.

TD Rewards is popular in Canada because it’s simple and flexible:

• You can redeem points directly at checkout on Expedia For TD (TD’s travel portal).
• You can redeem points to pay off travel purchases you already made anywhere (TD calls this Pay Off Purchases, and it’s often discussed as “Book Any Way” travel).
• You can also redeem for other things (Amazon, statement credits, etc.), but travel usually gives the best value.

This guide focuses on the redemptions that matter most for Canadians who want to turn points into real trips.

How much are TD Rewards points worth?

TD Rewards points don’t have one fixed value. Your value depends on how you redeem.

Here are the main redemption rates for TD Rewards points:

Practical takeaway:

• Best value: Redeem through Expedia For TD (0.5 CPP).
• Best flexibility: Use Pay Off Purchases for travel (0.44 CPP) when you book outside the portal.
• Avoid if maximizing: Using points for everyday purchases (0.25 CPP) is usually a last resort.

The 3 best ways to use TD Rewards points for travel

1) Book through Expedia For TD (best value + simplest)

This is the “main” TD Rewards sweet spot.

Redemption rate:

• 200 TD points = $1 toward travel booked through Expedia For TD.

You can typically use it for:

• flights
• hotels
• car rentals
• packages
• activities (inventory varies)

Step-by-step: redeem points on Expedia For TD

1. Go to Expedia For TD and log in.
2. Search your flight/hotel the same way you would on Expedia.
3. On the payment page, choose how many points to apply (minimum is usually 200 points, and redemptions are typically in 200-point increments).
4. Complete the booking. Your points are applied toward the total.

When Expedia For TD is best

• You want the highest TD value per point.
• Your itinerary is straightforward (flights/hotels/cars).
• The Expedia For TD price is competitive with booking direct.

When to be careful

• Portal bookings can sometimes be more restrictive for changes/cancellations than booking directly with the airline/hotel.
• Hotel bookings through portals may not always earn hotel points or recognize elite benefits the same way as direct bookings (varies by chain, rate type, and property).

2) Pay Off Purchases for travel (best flexibility outside the portal)

If you book travel anywhere else (airline direct, hotel direct, Airbnb, rail, tours), you can redeem points afterward as a statement credit against eligible travel purchases.

Redemption rate (travel):

• $1 = 225 TD Rewards points (about 0.44 CPP).

This is extremely useful because it means:

• you can book direct (often better control and sometimes better loyalty earning),
• then “erase” the travel charge with points afterward.

Step-by-step: Pay Off Purchases (travel)

1. Book travel anywhere using your eligible TD Rewards card.
2. Once the transaction posts, go into TD Rewards in the TD app or EasyWeb.
3. Choose Pay Off Purchases and filter/select Travel purchases.
4. Apply points at the travel rate (225 points = $1).
5. A statement credit is applied.

Important note: TD’s Pay Off Purchases page lists the travel/everyday conversion and notes the values were accurate as of the writing of this article.

3) Mix and match (portal for max value, Pay Off Purchases for everything else)

A very practical Canadian strategy:

• Use Expedia For TD for the parts where TD points are worth the most (often flights/hotels).
• Use Pay Off Purchases (travel) for the parts you book elsewhere (Airbnb, boutique hotels, trains, parking, baggage fees, tours).

This lets you keep the best value without forcing every purchase through one channel.

Realistic examples (so you can feel the difference)

Example A: $900 flight

• Expedia For TD: $900 ÷ $1 × 200 = 180,000 points
• Pay Off Purchases (travel): $900 × 225 = 202,500 points

Difference: Expedia For TD saves 22,500 points for the same $900 flight.

Example B: $450 hotel booked direct (you want hotel points/status)

• If you book direct and then use Pay Off Purchases (travel):
  $450 × 225 = 101,250 points

You’re paying a points premium versus Expedia For TD, but you might accept it if:

• the direct rate is cheaper, or
• you want elite benefits/points, or
• you want simpler changes directly with the hotel.

How to earn TD Rewards points faster (what actually matters)

TD Rewards is mostly a “credit card points” ecosystem. Your earn rate depends heavily on which TD card you carry, and where you spend.

The flagship earner: TD First Class Travel Visa Infinite

TD’s own card page lists earning like:

• 8 points per $1 on travel booked through Expedia For TD
• 6 points per $1 on groceries, dining, and public transit
• 4 points per $1 on recurring bills and select digital/streaming categories
• 2 points per $1 on all other purchases

This matters because Expedia For TD redemptions are 0.5 CPP. That means you can estimate your “return”:

• 8 pts/$ × 0.5¢ = ~4% back toward travel
• 6 pts/$ × 0.5¢ = ~3% back
• 2 pts/$ × 0.5¢ = ~1% back

Even if you don’t want to do math every time, this is the big idea:

• TD is strongest when you earn in TD’s best categories and redeem on Expedia For TD.

Expedia For TD earn rates across TD cards (high-level)

Expedia For TD’s own “How it works” page summarizes that different TD cards earn different multipliers on Expedia For TD travel (e.g., 8x for First Class Travel Visa Infinite, 6x for Platinum Travel, 4x for TD Rewards Visa, and higher rates for the business card in some cases).

Best TD credit cards for TD Rewards points (practical picks)

Do TD Rewards points expire?

TD states that TD Rewards points won’t expire over time as long as your account is open and in good standing.

Practical warning:

• If you cancel the last eligible card tied to your TD Rewards account, you risk losing the ability to keep/redeem points (or having your account closed). If you’re planning a cancellation, redeem first or keep a no-fee TD Rewards card as an “anchor.”

Common pitfalls (and how to avoid them)

Pitfall 1: Redeeming for everyday purchases too early

Everyday redemptions are 400 points = $1 (0.25 CPP), which is dramatically worse than Expedia For TD. If you travel even once per year, it usually pays to save points for travel.

Pitfall 2: Assuming Expedia For TD is always cheapest

Sometimes direct booking is cheaper (or includes better cancellation terms). Always do a quick price check before you lock it in.

Pitfall 3: Portal hotel bookings and elite benefits

If you care about hotel status perks, consider booking direct and using Pay Off Purchases (travel), even though it’s slightly worse value per point.

Pitfall 4: Refunds and points

Refunds/credits can affect points earned on the original purchase (Expedia For TD notes that returns/refunds reduce or cancel points earned on the original travel purchase).

TD Rewards vs. other Canadian programs (quick positioning)

This is the honest “where TD fits” view:

• TD Rewards: best for Canadians who want simple portal travel value with predictable math (0.5 CPP on Expedia For TD).
• Scene+: flat-ish value around 1¢/pt but the "points math" and earning structure differ; great for groceries if you're in that ecosystem.
• RBC Avion / CIBC Aventura: can offer higher flight value in certain scenarios (charts/partners), but require more optimization.
• Aeroplan: best for aspirational flight awards and premium cabins, but requires award-availability hunting and routing strategy.

If your audience is mainstream Canadian travellers who want “easy mode,” TD Rewards deserves a page near the top of your program hub.

FAQ

Can I use TD points for partial payments?

Yes—Expedia For TD allows using points toward part of a booking, and Pay Off Purchases allows redeeming against posted purchases in dollar increments (minimum redemption value listed as $1 on the Pay Off Purchases page).

Is Pay Off Purchases the same as “Book Any Way” travel?

Functionally, yes: it’s the “book travel anywhere, then redeem points against it” option. TD’s Pay Off Purchases page shows the travel conversion rate.

Is Expedia For TD always the best redemption?

On value-per-point, usually yes (0.5 CPP versus ~0.44 CPP for travel Pay Off Purchases). But booking direct can be better for loyalty perks, flexibility, or price—so it depends.

Bottom line

TD Rewards points are best treated as simple Canadian travel points:

• Best value: redeem on Expedia For TD (200 points = $1).
• Best flexibility: use Pay Off Purchases (travel) when you book outside the portal ($1 = 225 points).
• Avoid if maximizing: everyday purchase redemptions ($1 = 400 points) are usually a weak cash-out.

If you want a travel points program with predictable value and minimal complexity, TD Rewards is one of the cleanest options for Canadians.