One of many travel rewards cards linked to the Aeroplan Miles loyalty program, the TD® Aeroplan® Visa Infinite* Card provides members with opportunities to earn Miles while taking advantage of card benefits. But is it really as good as it looks on paper? We look at whether it’s truly one of the best rewards credit cards in Canada.
TD® Aeroplan® Visa Infinite* Card: Overview
|Welcome bonus: First year annual fee rebate + earn up to 30,000 Aeroplan Miles (Conditions apply. Must apply by May 31, 2020)|
|Annual fee: $120 (annual fee rebate for first year if you apply by May 31, 2020) |
|Recommended credit score: Good to excellent|
|Income Eligibility: $60,000 personal or $100,000 household annual income|
|Rewards: Earn 1.5 Aeroplan miles for every $1 spent on eligible grocery, gas, drugstore and aircanada.com purchases | Earn 1 mile for every $1 spent on all other purchases made with the Card | Earn miles twice when you pay with your Card and present your Aeroplan Membership Number at participating partner brands and online retailers via the Aeroplan eStore|
*This offer is not available for residents of Quebec. For Quebec residents, please click here.
TD® Aeroplan® Visa Infinite* Card: The Rewards
With the TD® Aeroplan® Visa Infinite* Card, you get:
- A welcome bonus of up to 30,000 Aeroplan Miles (Must apply by May 31, 2020. Conditions apply.)
- First-year Annual Fee Rebate for both the primary and first additional cardholder (Must apply by May 31, 2020. Conditions apply.)
- 1.5:$1 spent on gas, grocery, drugstore, and purchases on AirCanada.com
- 1:$1 spent on all other purchases
- Earn twice the Miles on purchases made at participating Aeroplan partners and online retailers via the Aeroplan eStore when you pay with your Aeroplan credit card and present your Aeroplan membership card.
- Your Aeroplan Miles don’t expire as long as you’re a TD Aeroplan Credit Cardholder
Other card details: Purchase APR: 19.99% | Cash Advance APR: 22.99%
The redemption process for the Aeroplan program varies depending on what you are trying to achieve. For merchandise or events tickets, you can simply go to the online Aeroplan eStore, login, and purchase. While there is a broad catalogue to choose from, the store itself feels a little dated. There aren’t the deep descriptions, images, and reviews that are standard now on most eCommerce sites, and the result is a lack of confidence in the product offerings.
If you’re trying to get a flight, however, you’ll have to navigate the program options first. Miles can go towards Fixed Mileage Fight Rewards or Market Fare Flight Rewards, each with its own matrix. The number of Miles required will be further dependent on the season and other options, but the good news is that your Miles apply to all costs—including the taxes, fees, and surcharges. You can redeem online, or call a representative for help.
Pros and Cons of the TD® Aeroplan® Visa Infinite* Card
Like other Aeroplan cards, the TD® Aeroplan®Visa Infinite* Card offers some decent travel benefits, like a complimentary first checked bag, priority check-in and boarding, and an annual one-time guest pass to the Air Canada Maple Leaf lounge. TD’s travel insurance package is good— up to $1 million of travel medical coverage for the first 21 days for cardholders under 65 years, along with insurance for trip/cancellation, delayed/lost baggage, flight/trip delay, and car rental insurance. Cardholders also get the benefits of Visa Infinite Exclusive Benefits.
The sign-up bonus of up to 30,000 Aeroplan Miles is attractive, working out as equivalent to 2 economy short-haul roundtrip flight rewards. How it works: you get a welcome bonus of 15,000 after you make your first purchase with your card. Then get another 5,000 Miles in each of the first three months when you spend a minimum of $1,000 per month – earning up to a total of 15,000 Miles. New cardholders also get an annual fee rebate for the first year for both the primary and first additional cardholder. To take advantage of this limited-time offer, you must apply by May 31, 2020.
All this considered, keep your eye on the Aeroplan program, which is slated to change in 2020.
Other Perks of the TD® Aeroplan® Visa Infinite* Card
In addition to the opportunity to earn Aeroplan Miles, cardholders receive:
- Comprehensive travel insurance package included
- One complimentary first checked bag when travelling on Aeroplan flight rewards operated by Air Canada
- Priority check-in and boarding when travelling on Aeroplan flight rewards operated by Air Canada
- One free guest pass to the Air Canada Maple Leaf lounge annually
- Preferred rates at Avis Rent-A-Car and Budget Rent-A-Car
The Visa Infinite program offers its members benefits including:
- 24-hour Visa Infinite Concierge to arrange reservations and help with your to-do list
- Visa Infinite Luxury hotel experiences
- Visa Infinite Food and Wine experiences
The Aeroplan Miles Rewards Program: How It Works
The Aeroplan Miles program is a rewards system with a focus on travel with Air Canada, a leading Canadian airline. Aeroplan Miles can be redeemed for travel rewards including flights on Air Canada and their partner airlines, hotel stays, car rentals, and vacation packages. Additionally, there are experiential rewards like events tickets, plus merchandise available through the Aeroplan program. You can also donate your Miles to select charities or transfer them to another member.
Air Canada and its partner airlines operate in over 190 countries worldwide. With Aeroplan Miles Rewards Program, you can travel in different classes—economy to first-class—or with Market Fare Flight rewards you have unrestricted access to any available seat. Round-trip flights start at 15,000 Miles and cost up to 280,000 Miles; one-way trips cost half of that. With the “Around the World” flight option, you have a maximum of five stopovers and one crossing for both the Atlantic and Pacific oceans.
One important caveat to note: 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’s food for thought if you’re looking to apply for a credit card that’s geared at racking up Aeroplan Miles.
The Verdict: Is the TD® Aeroplan®Visa Infinite* Card Worth It?
We’re loving some of the perks of this credit card: the generous welcome bonus, one complimentary checked bag on Air Canada flights, priority check-in and boarding on Air Canada flights, and the free lounge pass are all enticing. Also, the comprehensive travel insurance that doesn’t require you to charge the trip onto the credit card is a big bonus.
We’ve got a few minor concerns about the TD® Aeroplan® Visa Infinite* Card, like the hefty $120 annual fee or the lack of real deal lounge access. But for the most part, the benefits and earning opportunities are enticing for points collectors. Our advice? If you want to rack up Aeroplan Miles, this is a great credit card option. Still deciding? Check out the other best travel credit cards in Canada, and then decide if the TD® Aeroplan® Visa Infinite* Card is for you.