The TD Business Cash Back Visa Infinite Card is TD’s cash back-focused business credit card — earning straightforward cash back on eligible business purchases without the complexity of a points programme. As a Visa Infinite business card, it provides elevated credit limits, comprehensive travel insurance, and Visa Infinite concierge, with employee card support for expense management. It is appropriate for Canadian businesses that want simple cash back on business spending with the Visa Infinite tier’s benefits package.
Quick Verdict
Best for: Canadian businesses and entrepreneurs who want simple, automatic cash back on business purchases at the Visa Infinite tier — no points programmes, no redemption portals, just cash back credited directly.
Not ideal for: Those who want the highest possible rewards value and are willing to use a points programme — the Amex Business Edge (3x MR → Aeroplan) or RBC Avion Visa Infinite Business may deliver more per dollar for specific spending patterns.
Key Card Details
| Feature | Detail |
|---|---|
| Annual fee | ~$149 — verify at td.com |
| Employee card fee | Verify at td.com |
| Purchase interest rate | Verify at td.com |
| Cash advance rate | Verify at td.com |
| Foreign transaction fee | 2.5% — verify at td.com |
| Network | Visa (Infinite tier) |
| Rewards | Cash back |
| Welcome bonus | Verify current offer at td.com |
Card terms, earn rates, and all features are subject to change. Verify all current details at td.com before applying.
Earn Rates
Verify all current earn rates and any annual spending caps at td.com.
| Spending Category | Cash Back |
|---|---|
| Business categories (verify at td.com) | Elevated — verify |
| All other eligible Visa purchases | Base rate — verify |
Cash Back Simplicity for Business
One of the primary advantages of a cash back business card over a points card:
| Cash Back Advantage | Details |
|---|---|
| Simplicity | No programme to manage, no redemption portal |
| Flexibility | Cash back as statement credit reduces the card bill directly |
| Accounting | Cash back is straightforward in business accounting vs. points valuation |
| No expiry management | Cash back doesn’t expire like points balances |
| No minimum redemption | Statement credit is automatic |
Visa Infinite Business Benefits
| Benefit | Details |
|---|---|
| Higher credit limits | Visa Infinite Business tier typically offers higher limits than standard Visa |
| Emergency medical travel insurance | Verify limits at td.com |
| Trip cancellation/interruption | When travel charged to card — verify |
| Car rental CDW | Decline rental CDW — verify terms |
| Purchase protection | 90 days against damage/theft |
| Extended warranty | Additional warranty on eligible items |
| Visa Infinite Concierge | 24/7 travel and lifestyle assistance |
Business Expense Management
| Feature | Details |
|---|---|
| Employee cards | Issue to employees — verify fee at td.com |
| Spending reports | Online account with detailed category spending |
| Year-end summary | Annual spending summary for tax/accounting |
| GST/HST tracking | Employee card statements for input tax credit tracking |
Fees and Rates
| Fee | Amount |
|---|---|
| Annual fee | ~$149 (verify at td.com) |
| Employee card fee | Verify at td.com |
| Purchase interest rate | Verify at td.com |
| Cash advance rate | Verify at td.com |
| Foreign transaction fee | Verify at td.com (typically 2.5%) |
TD Business Cash Back vs. Other Canadian Business Cards
| Card | Annual Fee | Rewards | Key Strength |
|---|---|---|---|
| TD Business Cash Back Visa Infinite | ~$149 | Cash back | Simplicity, Visa coverage |
| TD Business Travel Visa | $149 | TD Rewards Points | Travel points, Expedia For TD |
| Amex Business Edge | $99 | MR → Aeroplan (3x categories) | Best points earn on categories |
| BMO CashBack Business MC | $0 | Cash back | No-fee cash back |
| RBC Avion Visa Infinite Business | $175 | Avion → WestJet/Avios | Visa + travel transfer partners |
Cash back comparison: The BMO CashBack Business Mastercard ($0 annual fee) earns cash back without the $149 fee. For businesses spending $5,000+/month on eligible categories, the TD Business Cash Back’s elevated rates may justify the $149 fee vs. BMO’s lower base rate at $0. Verify and compare the net annual cash back at your actual spending level.
Who Is the TD Business Cash Back Visa Infinite Best For?
Ideal cardholders:
- TD business banking clients who want cash back on business spending with Visa Infinite benefits
- Businesses that prefer cash back simplicity over points programme management
- Those who value Visa’s universal acceptance for B2B vendor payments (over Amex which has limited B2B acceptance)
- Businesses with employee cards who want consolidated cash back earning
Less suitable if:
- You want the highest points-per-dollar value — Amex Business Edge (3x MR on categories) or RBC Avion Visa Infinite Business may deliver more
- Your business spend is under $3,000/month — BMO CashBack Business Mastercard ($0 fee) may be more cost-effective
- You want no foreign transaction fee — a dedicated FX-free card is needed for international purchases
Bottom Line
The TD Business Cash Back Visa Infinite Card is a straightforward premium business credit card — cash back on business spending, Visa Infinite tier benefits, employee cards, and TD’s banking ecosystem integration. Its primary appeal is simplicity: cash back deposited automatically without managing a points programme.
For TD business banking clients who prefer cash over points and value Visa’s universal acceptance, it is a sound business card choice. For those who want maximum reward value, explore Amex Business Edge (MR → Aeroplan) or RBC Avion Visa Infinite Business (Avion → WestJet/Avios).
Card terms, cash back rates, annual fee, and features are subject to change. Verify all current details at td.com before applying.