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Credit card details are up to date as of June 3rd, 2019. For the most accurate and up to date information, visit the issuer's website.
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, 25,000 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. To top it off, the primary cardholder gets an annual fee rebate on the first year. Now that’s a sky-high deal! *This offer is not available for residents of Quebec. For Quebec residents, please click here.
Click here to apply for the TD® Aeroplan® Visa Infinite.
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, you’ll earn twice!
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*||25,000||$120 (with 1 year free)||Learn More|
|CIBC Aero Platinum™ Visa* Card||5,000||$39||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*
*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 25,000 Aeroplan Miles* —15,000 after your first purchase and an additional 10,000 with $2,000 spent in the first 90 days — and 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, 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 24-hour concierge services. The annual fee of $120 is affordable, and even more so when applicants take advantage of the limited-time annual fee waiver. If you want to take advantage of the welcome bonus and annual fee rebate, you must apply online by September 3, 2019.
The Platinum Card® from American Express
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. If you’re a travel junkie, it’s definitely enticing.
But that’s not the only draw. Members also get comprehensive travel insurance coverage and free access to more than 1,200 airport lounges worldwide (plus security bypass and valet service at Toronto Pearson Airport) as well as discounts and other valuable perks at hotels.
With this card, you can transfer points to various airline frequent flyer programs like Aeroplan or Marriott Bonvoy.
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.
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.
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