Quick answer
TD Rewards points are worth 0.5 cents each on Expedia For TD (200 points = $1), so 10,000 points are worth $50. Used against other travel charged to your TD card, they’re worth about 0.44 cents, and against everyday purchases 0.25 cents. TD cards earn several points per dollar, which is why the per-point value looks low.
A note on accuracy: These rates come from TD and Expedia For TD, checked in October 2026. TD says its Pay Off Purchases rates were accurate as of August 19, 2025.
TD Rewards points value calculator
Type your balance to see it in dollars.Expedia For TD200 points = $1
$250Other travel on your TD card225 points = $1
$222Everyday purchases400 points = $1
$125Key takeaways
- Expedia For TD is the best use, at 200 points per $1, or 0.5¢ a point.
- Other travel works too. Use Pay Off Purchases on travel charged to your card at 225 points per $1 (about 0.44¢).
- Everyday purchases are the weakest use, at 400 points per $1 (0.25¢).
- Look at the earn rate, not just the point value. Earning 8 points per $1 and redeeming at 0.5¢ is a 4% return.
- TD Rewards points don't expire.
What TD Rewards points are worth, by how you use them
| How you use them | Rate | Value per point | 10,000 points |
|---|---|---|---|
| Travel booked on Expedia For TD | 200 points = $1 | 0.5¢ | $50 |
| Other travel charged to your TD card (Pay Off Purchases) | 225 points = $1 | About 0.44¢ | About $44 |
| Everyday purchases (Pay Off Purchases) | 400 points = $1 | 0.25¢ | $25 |
Rates are from Expedia For TD and TD's Pay Off Purchases page. Travel purchases are identified by the merchant's category code, such as airlines, hotels, car rentals, cruises and travel agencies. For our rankings we value TD Rewards points at 0.5¢. Read how we value points in our methodology.
How much are your TD Rewards points worth?
| Points | Expedia For TD (0.5¢) | Other travel (0.44¢) | Everyday (0.25¢) |
|---|---|---|---|
| 10,000 | $50 | $44 | $25 |
| 25,000 | $125 | $111 | $63 |
| 50,000 | $250 | $222 | $125 |
| 100,000 | $500 | $444 | $250 |
| 150,000 | $750 | $667 | $375 |
| 200,000 | $1,000 | $889 | $500 |
Why the value per point looks low
TD Rewards cards earn many points per dollar, so each point is worth less than an Aeroplan or Avion point. What matters is the return per dollar spent. On Expedia For TD, cards earn these points per $1 on travel booked online or by phone:
| Card | Points per $1 on Expedia For TD | Return at 0.5¢ |
|---|---|---|
| TD First Class Travel Visa Infinite | 8 | 4% |
| TD Platinum Travel Visa | 6 | 3% |
| TD Rewards Visa | 4 | 2% |
Earn rates are from Expedia For TD.
Worked example
Say you have 60,000 TD Rewards points. These are example numbers.
- On a hotel booked through Expedia For TD: 60,000 ÷ 200 = $300 off.
- Against a flight bought on an airline's website with your TD card: 60,000 ÷ 225 = about $267.
- Against groceries or other everyday purchases: 60,000 ÷ 400 = $150.
The same points are worth twice as much on Expedia For TD as on everyday purchases.
How to get more value from TD Rewards points
- Book travel through Expedia For TD when the price there is the same as elsewhere.
- Compare prices first. If a flight is much cheaper on the airline's site, paying there and redeeming at 225 points per $1 can still come out ahead.
- Avoid everyday redemptions unless you'll never travel.
- Redeem within three statements. Pay Off Purchases works on purchases from your past three monthly statements.
Do TD Rewards points expire?
No. TD says your TD Rewards points won't expire over time. Source: TD.
Frequently asked questions
How much is 1 TD Rewards point worth?
0.5 cents on Expedia For TD, about 0.44 cents on other travel charged to your TD card, and 0.25 cents on everyday purchases.
How much are 10,000 TD Rewards points worth?
$50 on Expedia For TD, about $44 on other travel, or $25 on everyday purchases.
How much are 100,000 TD Rewards points worth?
$500 on Expedia For TD, about $444 on other travel, or $250 on everyday purchases.
Can you use TD Rewards points for a statement credit?
Yes. Pay Off Purchases applies points as a credit against eligible purchases from your last three statements: 225 points per $1 for travel and 400 points per $1 for everyday purchases. The credit doesn't count toward your minimum payment.
What is the best way to use TD Rewards points?
Booking travel on Expedia For TD, at 200 points per $1.
Comparing programs? See what RBC Avion points are worth, or read cash back vs. travel points. You can also compare WestJet points and CIBC Aventura points. Or see all rewards programs.
Check another redemption
Weighing a redemption against paying cash? Try our cents per point calculator.
What is your next redemption worth?
Check it now →How we checked: redemption and earn rates were checked against TD and Expedia For TD websites in October 2026.