BMO® CashBack World Elite Mastercard®
4.5·Big grocery spenders who want the highest cash back rate
- Annual fee
- $120/yr
- Welcome bonus
- ~$260
- Top reward
- 5% groceries
- Highest headline grocery cash-back rate in Canada
- Strong transit and gas categories
Guru Pickcash back
TD® Cash Back Visa® Infinite Card review
4.1Rated by the CreditCardGuru Editorial Team
One of Canada's top cash back cards thanks to broad 3% categories and the included TD Auto Club membership — just make sure your spending justifies the fee.
At a glance
- Annual fee
- $139
- Welcome bonus
- ~$489
- Foreign tx fee
- 2.5%
- Network
- VISA
- Rewards
- cash back
- Purchase APR
- 21.99%
Rewards & earn rates
| Groceries | 3% |
| Gas & EV charging | 3% |
| Public transit | 3% |
| Recurring bill payments | 3% |
| Streaming, digital gaming & media | 3% |
| All other purchases | 1% |
Welcome offer: 10% cash back on bonus-eligible purchases in the first 3 months (up to $3,500 spend, worth $350) plus a first-year annual fee rebate ($139); TD values the full offer at up to $600. (10% rate applies to the first $3,500 in bonus-eligible purchases within 3 months; first purchase within 3 months for the fee rebate).
Pros & cons
Pros
- Strong 3% earn across five everyday categories
- Free roadside assistance is a rare, genuinely useful perk
- Simple redemption toward your balance anytime
Cons
- $139 annual fee after year one
- Only 10 days of travel medical coverage
Perks & insurance
Key perks
- Free Deluxe TD Auto Club membership (24/7 roadside assistance)
- Visa Infinite Concierge, Luxury Hotel Collection and Dining Series
- Minimum 10% off Avis and Budget car rentals in Canada/US
- Redeem cash back anytime toward your balance
- Cash Back Dollars never expire
Insurance
- Travel emergency medical (up to $2M, 10 days under age 65)
- Delayed and lost baggage (up to $1,000/person)
- Auto rental collision/loss damage
- Purchase security and extended warranty
- Mobile device insurance
- Emergency travel assistance services
Rates & fees
- Annual fee
- $139
- Purchase interest
- 21.99%
- Cash advance
- 22.99%
- Foreign transactions
- 2.5%
- Min. personal income
- $60,000
First year rebated with current offer; rebated annually with a TD All-Inclusive Banking Plan.
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
Similar cards to consider
CIBC® Dividend® Visa® Infinite Card
4.5·Households with heavy grocery and gas spend who want maximum cash back.
- Annual fee
- $120/yr
- Welcome bonus
- ~$350
- Top reward
- 4% groceries
- 4% on gas and groceries is among the highest in Canada
- Strong 2% middle tier covers dining, transit and bills
Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.
Written by
C
CreditCardGuru Editorial Team
Rewards & Cards Research
Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.
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Cite this page
“TD® Cash Back Visa® Infinite Card Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/td-cash-back-visa-infinite, updated June 7, 2026.