One of many travel rewards cards linked to the Aeroplan Points loyalty program, the TD® Aeroplan® Visa Infinite* Card provides members with opportunities to earn Points 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 10,000 Aeroplan points after your first purchase. Plus, earn a bonus Buddy Pass and another 10,000 Aeroplan points after spending $1,000 in the first 90 days from account opening. Must be approved by May 30, 2021.|
|Annual fee: $139 (annual fee rebate for first year if you are approved by May 30, 2021)
|Recommended credit score: Good to excellent|
|Income Eligibility: $60,000 personal or $100,000 household annual income|
|Rewards: Earn 1.5 Aeroplan points for every $1 spent on eligible grocery gas and aircanada.com purchases | Earn 1 mile for every $1 spent on all other purchases made with the Card | Earn points 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 10,000 Aeroplan points after your first purchase. Must be approved by May 30, 2021.
- First-year Annual Fee Rebate for both the primary and additional cardholders. Must be approved by May 30, 2021.
- Bonus Buddy Pass and another 10,000 Aeroplan points after spending $1,000 in the first 90 days from account opening; good for one full year. Must be approved by May 30, 2021.
- 1.5:$1 spent on eligible gas, grocery and purchases on aircanada.com4
- 1:$1 spent on all other purchases
- Earn twice the points 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 points 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. Points can go towards Fixed Mileage Flight Rewards or Market Fare Flight Rewards, each with its own matrix. The number of points required will be further dependent on the season and other options, but the good news is that your points 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 free first checked bag for you and up to 8 travel companions on the same reservation for Air Canada flights, priority check-in and boarding with Air Canada flights, a $100 Nexus fee rebate, and more. 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 (If you or your spouse is aged 65 or older, you are covered for the first 4 days of your trip), along with insurance for trip/cancellation, delayed/lost baggage, flight/trip delay, and Auto Rental Collision/Loss Damage Insurance. Cardholders also get the benefits of Visa Infinite Exclusive Benefits.
The bonus of 10,000 Aeroplan Points after your first purchase is attractive. The bonus Buddy Pass and another 10,000 Aeroplan Points after spending $1,000 in the first 90 days from account ownership is extra enticing, which you can use to bring anyone along to anywhere Air Canada flies in North America, including Hawaii and Mexico . New cardholders also get an annual fee rebate for the first year for both the primary and additional cardholders. To take advantage of this limited-time offer, you must be approved by May 30, 2021.
Other Perks of the TD® Aeroplan® Visa Infinite* Card
In addition to the opportunity to earn Aeroplan points, cardholders receive:
- Comprehensive travel insurance package included
- One complimentary first checked bag for you and up to for 8 travel companions on the same reservation for Air Canada flights
- Priority check-in and boarding when travelling on Aeroplan flight rewards operated by Air Canada
- Preferred rates at Avis Rent-A-Car and Budget Rent-A-Car
- A $100 Nexus fee rebate
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 Points Rewards Program: How It Works
The Aeroplan Points Rewards Program is a rewards system with a focus on travel with Air Canada, a leading Canadian airline. Aeroplan points 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 Points to select charities or transfer them to another member.
Air Canada and its partner airlines operate in over 190 countries worldwide. With Aeroplan Points 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 Points and cost up to 280,000 Points; 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.
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 $100 Nexus fee credit 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 $139 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 Points, 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.