Screen-Shot-2014-09-15-at-11.40.03-PM.png' alt='Amtrak Rewards Program Review' title='Amtrak Rewards Program Review' />TD Travel Rewards Visas to lose value in reward redemptions as of August 1. At the start of 2. Breuer Condensed Medium'>Breuer Condensed Medium. Canada.   We predicted this based on the voluntary lowering of the average interchange rate that is charged to merchants. For the most part, this hasnt really taken place yet which is a great thing as weve seen some issuers actually release cards that have higher rewards BMO for one but weve seen one card that was curtailed right at the start of the year and now we have another family of cards that are being devalued. Perhaps that banks are now seeing what the effect of the new interchange rate average is doing to their numbers as it has been roughly two months of it coming to fruition. The latest set of cards that are being devalued are the TD Travel Rewards Visas. Of course the main card in the family of three cards is the TD First Class Visa Infinite Card, a mainstay in our Canadas Top Travel Rewards Credit Card rankings and also one of the most flexible cards is affected by this change that kicks in on August 1. Its funny how TD markets the change as the points being even more flexible now. NerdWallet is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare and airlines. Start here to maximize your. Pennsylvania Station, also known as New York Penn Station or Penn Station, is the main intercity railroad station in New York City. Serving more than 600,000 commuter. Read Chase Sapphire Preferred reviews, view Chase Sapphire comparison charts, and get latest points promotions here. Bank of America Premium Rewards Credit Card Now Review 50,000 Point Bonus, 100 Annual Travel Credit More. Review of Singapores 777300ER business class product. What are the seats, service, food, entertainment, and wifi likeThe only reason they are more flexible is that you no longer have to hit that minimum 1. Now you can redeem as little as 2. Previously that 1. So while true they are using to hide the major devaluation hitting the card. What they dont tell you in the marketing is that for redemptions with a value of up to 1,2. The TD First Class Visa Infinite Card and Platinum Visa Card have always been known as having a 1. Expedia.   With these changes that rate drops to 1. I would gather that most of you are in this position as 3. Screen-shot-2012-09-05-at-10.17.03-AM.png' alt='Amtrak Rewards Program Review' title='Amtrak Rewards Program Review' />Only if you redeem over 3. Ultimately you can never achieve the same return due to that first 1,2. If you use TDs example of 2,2. We here at Rewards Canada are very surprised at this change from TD considering their main competitors are still providing returns of up to 2 or more on many redemptions options. This could also be the big change we predicted at the start of the year however. TD could simply be the leader here and the other card companies may follow suit. We know some banks were willing to take a loss for the first few months of the interchange rate adjustment and they may well be applauding TD for this move as they can now adjust their cards accordingly to bring them back into the black. The only good news to come out of this change is the TD First Class Visa Infinite now sees increased Travel Medical Insurance coverage of 2. Trip Cancellation insurance being increased to 1,5. UPDATE Just a reminder that Expedia is still the fastest way to earn TD points 9 TD points 1. Expedia does remain at the old level 1. TD Points 5. 0 If you were considering this card you can still get it with a 4. First Year Free, just make sure you redeem your points before August 1. Native Instruments B4 Ii there. Powerlab Software here. You can apply for the card here.