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Aeroplan is Canada’s most popular travel rewards program, so it’s no surprise that Canadian frequent flyers want to know: what is the best Aeroplan credit card? Here at Young and Thrifty, we’ve looked at the competition and compiled a guide to the best Aeroplan cards on the market.
What is the Best Aeroplan Credit Card in Canada?
Fasten your seat belts well!
The best Aeroplan credit card in the Canadian market for 2019 is the:
TD® Aeroplan® Visa Infinite*
This year’s winner was selected for its beautiful balance of a winning welcome offer* (hello, up to 30,000 Aeroplan Miles!) with an affordable annual fee of $120. Plus, because it’s an Aeroplan card, double your miles with spends at participating partner sites and online retailers via the Aeroplan store. All you have to do is pay with your Aeroplan credit card and present your Aeroplan membership card. If you apply online by March 2, 2020, new cardholders can earn a welcome bonus of up to 30,000 Miles, but also get an annual fee rebate on the first year.
*This offer is not available for residents of Quebec. For Quebec residents, please click here.
Why Choose an Aeroplan Credit Card?
Canadian credit card holders are always looking for ways to get more out of their regular spends, and for travel enthusiasts, the Aeroplan Miles Rewards Program is a natural choice. Simply by using an Aeroplan card, you can earn miles redeemable towards flights, hotels, car rentals, vacation packages, event tickets, and merchandise. Best of all, when you make purchases at Aeroplan-affiliated partners with your Aeroplan credit card and present your Aeroplan membership card, you’ll earn twice the Miles!
In fact, Aeroplan points are so valuable that the best Aeroplan card might not even be an Aeroplan credit card. This is why we’ve included a few products on this list of credit cards that allow you to transfer your reward points from other loyalty programs into Aeroplan miles. After all, it’s all about getting you on your next journey faster.
Best Aeroplan Credit Cards in Canada 2019
|Aeroplan Credit Card||Welcome Bonus||Annual Fee||More Info|
|TD® Aeroplan® Visa Infinite*||Up to 30,000 (Conditions apply. Must apply online by March 2, 2020)||$120|
(Waived for first year if you apply online by March 2, 2020)
|The American Express® AeroplanPlus®* Gold Card||15,000||$120||Learn More|
|CIBC Aero Platinum™ Visa* Card||5,000||$39||Learn More|
|The Platinum Card® from American Express||50,000 Bonus Membership Rewards® points (transferable to Aeroplan)||$699||Learn More|
TD® Aeroplan® Visa Infinite*: *This offer is not available for residents of Quebec. For Quebec residents, please click here.
TD® Aeroplan®Visa Infinite* Card
Limited-time online-only offer: Apply online by March 2, 2020, to get an annual fee rebate for the first year and the welcome bonus of up to 30,000 Aeroplan Miles (the equivalent of 2 economy short-haul roundtrip flight rewards!).
*This offer is not available for residents of Quebec. For Quebec residents, please click here.
Our 2019 top pick is the TD® Aeroplan® Visa Infinite*. This card offers a generous welcome bonus of up to 30,000 Aeroplan Miles* —15,000 after your first purchase charged to your card. Then get up to another 15,000 Miles by earning 5 additional Aeroplan Miles on all purchases for the first 3 months (up to a total spend of $1000 per month). This card has an annual fee of $120, but it's waived for the first year as part of the current promotion. To take advantage of this limited-time, online-only offer, you must apply online by March 2, 2020.
Aside from this excellent promotion, cardholders earn additional miles with every dollar spent (1.5:$1 on groceries, gas, drugstore, and AirCanada.com; 1:$1 on everything else). Purchases made at participating Aeroplan partners and online retailers via the Aeroplan eStore earn double the rewards when you pay with your Aeroplan credit card and present your Aeroplan membership card, so cardholders can rack up their miles quickly and easily. The card also carries other travel-related perks including travel and auto insurance, and exclusive benefits like a complimentary first checked bag, priority check-in and boarding on Air Canada flights, and an annual one-time guest pass to the Air Canada Maple Leaf lounge.
Other card details: Purchase APR: 19.99% | Cash Advance APR: 22.99%
The American Express® AeroplanPlus®* Gold Card
If you’re looking to rack up Aeroplan Miles quickly, the American Express® AeroplanPlus®* Gold Card is a good option. Cardholders earn 1 Aeroplan Mile per $1 in card purchases up to $10,000, and 1.25 Aeroplan Miles for every additional $1 in card purchases over $10,000 annually. You also get two free supplementary cards (a $100 value), which can help boost earning opportunities, and Aeroplan Miles double when you pay with the credit card and flash your Aeroplan number at over 150 Aeroplan Partner brands. As a welcome bonus, new cardholders get 15,000 bonus Aeroplan Miles after spending $1,500 in the first three months of card membership.
It comes with other VIP perks too, such as comprehensive travel insurance, a buyer’s assurance/purchase protection plan, and access to American Express Invites™. All things considered, it makes the $120 annual fee worth it.
CIBC Aero Platinum™ Visa* Card
The most accessible Aeroplan credit card on the list, the CIBC Aero Platinum™ Visa* Card has a low minimum personal income of $15,000 and costs only $39 per year. Members receive a welcome gift of 5,000 miles and can accumulate more at a 1:$1.5 ratio; purchases at partners earn twice. Auto rental collision and damage insurance is also included, as well as purchase protection.
The Platinum Card® from American Express
Credit Score Required: Good to Excellent
Income Eligibility: N/A
Annual Fee: $699
If you're a frequent traveller, you'll love the premium perks offered by this card.
The Platinum Card® from American Express has an amazing welcome bonus and incredible points-earning potential that you can easily redeem towards eligible travel purchases charged to the card. New cardholders receive a welcome bonus of 50,000 Membership Rewards® points after spending $3,000 in purchases in the first 3 months of card membership. That’s enough to redeem for a $500 statement credit towards eligible travel purchases charged to the card!
It's not the only selling point: you'll also get a $200 Annual Travel Credit that can be used towards any single travel booking of $200 or more charged to your Platinum Card through American Express Travel Online or through Platinum Card® Travel Service. Members also get comprehensive travel insurance coverage and free access to more than 1,200 airport lounges worldwide as well as discounts and other valuable perks at hotels. Finally, consider that you'll earn:
- 3 points for every $1 in card purchases on eligible dining in Canada
- 2 points for every $1 in card purchases on eligible travel
- 1 point for every $1 in all other card purchases
- 1 additional Membership Rewards® point for every $1 you charge to your Platinum Card on eligible hotel or car rental bookings made with American Express Travel
With this card, you can transfer points to various airline frequent flyer programs like Aeroplan or Marriott Bonvoy. All things considered, these perks could justify the sky-high $699 annual fee.
About the Aeroplan Miles Rewards Program
The Aeroplan Miles program is a rewards system with a focus on travel with Air Canada, a leading Canadian airline. Your accumulated miles can be redeemed for travel rewards, such as flights on Air Canada and their partner airlines, hotels, car rentals, vacation packages, and event tickets. Additionally, there is merchandise available through the Aeroplan program. You can also donate your Miles to select charities or transfer them to another member. Aeroplan miles never expire, so anything you earn on flights or through an Air Canada Aeroplan card can be used to travel or for merchandise now or in the future.
One consideration: the Aeroplan program is being completely overhauled and relaunched in 2020. Right now, we don't know how that will affect the rewards system, so it may be a factor if you're applying for an Aeroplan credit card. However, some expect an increase in choice and competition (read: offers for the consumer) to flow from any changes, so the impending 2020 overhaul may be a good thing.
Aeroplan vs. AIR MILES
You may be wondering: what’s the difference between Aeroplan and AIR MILES? Here’s the low-down: they’re entirely different rewards programs, with different rewards systems.
When comparing Aeroplan vs. AIR MILES, Aeroplan is the travel rewards program that allows you to earn the most miles in the fastest way possible. With over 150 partner brands and over 150 online retailers, it’s super easy to earn Aeroplan miles when shopping for everyday items.
AIR MILES is one of the most popular loyalty programs in Canada. With an AIR MILES Collector Card, you can turn everyday purchases – like gas and groceries – into free flights, car rentals, event tickets, hotel stays, electronics, and so much more. Here’s how it works: when shopping at participating partner stores, flash your AIR MILES card at the check-out counter and automatically earn AIR MILES for your purchases.
While it’s fairly easy to collect Miles, it can take much longer to accumulate enough points to redeem them: generally, one AIR MILE is worth anywhere between $0.12 and $0.194. However, what’s unique about AIR MILES is that you can directly pay with AIR MILES at some partner retailers, which is handy for everyday purchases like groceries. Like Aeroplan, AIR MILES has an online shop (AirMilesShops.ca) where you can earn extra points through purchases, but their retail partner list isn’t as extensive.
Best AIR MILES Credit Card on the Market
Pro-tip: if you’re an avid AIR MILES collector, you can maximize your points-earning potential by getting an AIR MILES credit card. The best credit card on the market is the BMO® AIR MILES®† World Elite®* Mastercard®.*
BMO® AIR MILES®† World Elite®* Mastercard®
Upon sign up with BMO® AIR MILES®† World Elite®* Mastercard® , you get up to 3,000 AIR MILES Bonus Miles – that alone justifies signing up. Plus, you get 1 AIR MILE for every $10 in credit card spends anywhere, and you’ll earn Miles twice at AIR MILES partners when you present your AIR MILES Card. The $120 annual fee for this card may seem steep, but the good news is that it’s waived for the first year.
Final Words: Is an Aeroplan Card the Right Credit Card For You?
With so many travel rewards programs to choose from, you might be wondering if carrying an Aeroplan card is right for you. The ability to earn easily (and to convert points from other programs) along with the flexibility to buy flights or redeem merchandise partly explains why Aeroplan is Canada’s most popular travel rewards program. If you’re hoping to put your everyday spending to work towards your next vacation, an Aeroplan credit card might be just the thing.
The Best Credit Cards by Category:
- The Best Travel Rewards Credit Cards in Canada
- The Best Credit Cards in Canada
- Best Credit Cards to Use for Car Rental Insurance
- The Best Low Interest Rate Credit Cards in Canada
- Best No Foreign Transaction Fee Credit Cards in Canada
- The Best Cash Back Credit Cards in Canada
- The Best Balance Transfer Credit Cards in Canada
- The Best AIR MILES Rewards Credit Cards in Canada
This post was not sponsored. The views and opinions expressed in this review are purely my own.
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