The Best Aeroplan Credit Cards in 2019

best Aeroplan credit card CanadaAeroplan 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 offer is not available for residents of Quebec. For Quebec residents, please click here. 

This year’s winner was selected for its beautiful balance of a winning welcome offer* (hello, 30,000 miles!) with an affordable annual fee of $120. Plus, because it’s an Aeroplan card, spends at partner sites will double your miles. To top it off, the primary cardholder can get an annual fee rebate on the first year. Now that’s a sky-high deal.

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 CardWelcome BonusAnnual FeeMinimum IncomeVisit Site
TD® Aeroplan® Visa Infinite*30,000$120.00 (with 1 year free)$60,000.00Learn More
American Express® Gold Rewards Card25,000$150.00$0.00Learn More
The Platinum Card® from American Express50,000$699.00N/ALearn More
CIBC Aero Platinum™ Visa* Card5,000$39.00$15,000.00Learn More

TD®Aeroplan®Visa Infinite*

aeroplan-visa-infinite-card-large_tcm341-234246Credit score required: Good to excellent
Minimum personal income required: $60,000
Annual fees: $120 (first year free, limited time offer)

*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 30,000 miles* —15,000 on sign-up and an additional 15,000 with $1,000 spent in the first three months — 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 Aeroplan partners 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 waiver.


American Express® Gold Rewards Card

American-Express-Gold-Rewards-Card_243x153Credit score required: Fair to good
Minimum personal income required: $0
Annual fees: $150

The first non-Aeroplan card on our list, the American Express® Gold Rewards Card allows cardholders to convert their American Express Membership Rewards into Aeroplan miles. The sign-up bonus is 25,000 Membership Rewards® points after $1,500 in purchases in the first three months. With a hefty 2:$1 ratio on eligible travel and everyday purchases (and 1:$1 on everything else), you can expect to rack up the miles quickly. With travel insurance and hotel perks, the $150 annual fee pays for itself, and fast.


The Platinum Card® from American Express

The-Platinum-Card-243Credit score required: Good to excellent
Minimum personal income required: N/A
Annual fees: $699

With The Platinum Card® from American Express, the first thing you’ll notice is the crazy-high $699 annual fee. It’s definitely an eye-popper! But before dismissing it outright, consider the premium perks offered by this card, especially if you’re a frequent traveller.

First, there’s the amazing 50,000-point welcome bonus. That’s enough to redeem a $500 statement credit 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 an annual $200 travel credit and incredibly comprehensive travel insurance coverage—perks that, depending on how often you travel, could justify the fee by themselves. Cardholders also receive 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.

Finally, consider the points-earning potential: 3:$1 ratio on dining, 2:$1 on travel, and 1:$1 on everything else. With this card, you can transfer points to various airline frequent flyer programs like Aeroplan or Marriott Bonvoy.


CIBC Aero Platinum™ Visa* Card

CIBC-Aero-Platinum-Visa-Card-243Credit score required: Fair to good
Minimum personal income required: $15,000
Annual fees: $39

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®

BMO-Air-Miles-World-Elite-Mastercard-243-1Credit score required: Good to excellent
Minimum personal income required: $80,000
Annual fees: $120 (free – waived for the first year)

Upon sign up with BMO® AIR MILES®† World Elite®* Mastercard® , you get up to 3,000 AIR MILES Bonus Miles, plus a companion flight rebate – 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.

If you liked this article, you may also enjoy The Best Travel Rewards Credit Cards in Canada.

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Keph Senett

Keph Senett is a Canadian freelance writer with an interest in helping people make solid choices towards debt-free living. Her work has appeared in publications including Al Jazeera America, Greedy Rates, BBC News, and The Globe & Mail.

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