"What is the best way to use TD Rewards points?"

"The best way to use TD Rewards points is through the Expedia for TD portal at the rate of 200 points = $1 (0.5 cents per point). This is significantly better than statement credits (400 points = $1, or 0.25 cents per point). Book flights, hotels, or car rentals through Expedia for TD for the highest redemption value."

"Can I use TD Rewards points for Air Canada flights?"

"Yes. Air Canada flights are available through the Expedia for TD portal. You book at the current market price and pay with points at 200 points = $1. You do not earn Aeroplan miles on TD Rewards bookings, and you cannot access Aeroplan award pricing. For Aeroplan miles and award fares, you would need a TD Aeroplan credit card instead."

"Can I book any hotel with TD Rewards points?"

"Yes. The Expedia for TD portal offers a wide selection of hotels globally. You book at the current Expedia price and pay with points. There are no blackout dates or restricted inventory — any property available on Expedia for TD can be booked with points."

"Is it better to use TD Rewards for flights or hotels?"

"Either works — the rate is the same (200 points = $1) for both. Focus on whichever upcoming travel purchase is largest, since there is no price difference between categories within the portal."

Best TD Rewards Redemptions Canada 2026: How to Maximise Your Points

TD Rewards is a straightforward programme: earn on TD card purchases, redeem through Expedia for TD. With a fixed value ceiling of 0.5¢/pt, the strategy is simple — maximize portal redemptions and avoid statement credits.

Redemption #1: Expedia for TD — Always Use This First

Rate: 200 points = $1 (0.5¢/pt)

Expedia for TD is a full-featured travel booking portal — flights, hotels, car rentals, vacation packages. Any inventory available on Expedia is available here.

Best uses:

Economy flights — book any airline, any route at the current market price
Hotel stays — flexible inventory with no blackout dates
Car rentals — useful for road trips or international travel
Vacation packages — flight + hotel bundles

Tips:

Compare Expedia for TD prices to the airline’s own website — they should match, but verify
You can pay a mix of points + card balance if your points don’t cover the full cost
Earn the 8x TD Rewards bonus on bookings made through Expedia for TD with the TD First Class Travel card (stacks with your point balance)

Redemption #2: Book Any Way — Use When Portal Lacks Inventory

Rate: 250 points = $1 (0.4¢/pt)

When you can’t find what you need on Expedia for TD, Book Any Way lets you:

Book travel anywhere using your TD Rewards card
Redeem points against that charge within 90 days

When to use Book Any Way:

Flights on smaller carriers not available on Expedia
Boutique hotels booked directly
Airbnb or non-OTA accommodation
Tours and travel experiences

Downside: 20% less value per point than Expedia for TD. If the price difference on your booking is less than 20%, stick to Expedia for TD.

Redemptions to Avoid

Redemption	Rate	Effective Value
Statement credits	400 pts = $1	0.25¢/pt — half the portal rate
Merchandise	Varies	~0.20–0.30¢/pt
Gift cards	Varies	~0.25¢/pt

Never redeem TD Rewards for statement credits if you have any upcoming travel. The portal is always better.

Stacking Strategy: Earn Points on Expedia for TD Bookings

The TD First Class Travel Visa Infinite earns 8x TD Rewards on Expedia for TD bookings. At 0.5¢/pt, this equals a 4% return on travel portal spend — one of the highest portal earn rates among Canadian cards.

Booking amount	Points earned (8x)	Portal value
$500 flight	4,000 pts	$20
$1,000 hotel	8,000 pts	$40
$2,000 vacation package	16,000 pts	$80

If you use your accumulated TD Rewards to pay for a booking AND earn 8x on the out-of-pocket portion, you’re effectively double-dipping — reducing cash outlay while building up the next redemption.

Annual Redemption Calendar: Making the Most of TD Rewards

Travel Type	Best Months to Book	Strategy
Winter sun (Caribbean, Mexico)	October–November	Book through Expedia for TD; packages often offer better portal pricing than standalone flights
Cross-Canada flights	Year-round	Any Air Canada, WestJet, or Flair fare available; compare to Aeroplan award rates
European summer	January–February	Book early for best availability at cash prices
Hotel redemptions	Flexible	Use when points partially cover a stay; Book Any Way works well for boutique hotels

Point values and portal availability are subject to change. Verify at td.com and expediafortd.com. See our Advertiser Disclosure.