Which has the lower annual fee, BMO CashBack World Elite Mastercard or TD Cash Back Visa Infinite Card?

The BMO CashBack World Elite Mastercard has a $120 annual fee, while the TD Cash Back Visa Infinite Card charges $139/year.

Which card is better for groceries, BMO CashBack World Elite Mastercard or TD Cash Back Visa Infinite Card?

The BMO CashBack World Elite Mastercard earns 5% on groceries, while the TD Cash Back Visa Infinite Card earns 3%. The better choice depends on your grocery spending and the specific merchants you shop at.

BMO CashBack World Elite Mastercard vs TD Cash Back Visa Infinite Card — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Too close to call — $30 difference per year

TD Cash Back Visa Infinite Card wins bills & utilities (+$48), entertainment (+$36)
BMO CashBack World Elite Mastercard wins transit (+$12)

Bills & Utilities: +$48Entertainment: +$36Groceries: +$16

BMO CashBack World Elite Mastercard: Groceries cap limits earning — losing ~$271/yr above cap

BMO CashBack World Elite Mastercard: $30/yr in foreign transaction fees

TD Cash Back Visa Infinite Card: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$1,193

/first year

2.8% effective$99/mo

vs 1% no-fee card: +$774

Annual rewards earned+$743

Welcome bonus+$480

First-year fee waiver+$120

FX costs−$30

Annual fee−$120

Grocery cap reached at $6,000 — remaining $6,780 earns at base rate (losing ~$271 vs uncapped)

Total lost to caps: $271/yr across 1 category

$1,162

/first year

2.8% effective$97/mo

vs 1% no-fee card: +$744

Annual rewards earned+$842

Welcome bonus+$350

First-year fee waiver+$139

FX costs−$30

Annual fee−$139

Too close to call — choose based on network acceptance or benefits.

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Downgrade

Coming soon

The Bottom Line

Too close to call — $30 difference per year

TD Cash Back Visa Infinite Card wins bills & utilities (+$48), entertainment (+$36)
BMO CashBack World Elite Mastercard wins transit (+$12)

Bills & Utilities: +$48Entertainment: +$36Groceries: +$16

Choose based on:

Network preference — Visa/MC acceptance at your regular merchants
Existing loyalty program alignment
Welcome bonus timing and eligibility
Benefits you value — lounge access, insurance, purchase protection

Showing Year 1 analysis

Year-over-Year

Year 1

Too close to call

Year 2+

TD Cash Back Visa Infinite Card

by $81 — ongoing earn advantage

Things to Consider

BMO CashBack World Elite Mastercard: Groceries cap limits earning — losing ~$271/yr above cap

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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