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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.
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: Earn up to 25,000 Aeroplan Miles*||Income Eligibility: $60,000 personal or $100,000 household annual income|
|Annual fee: $120 (first year annual fee rebate)*||Recommended credit score: Good to excellent|
|Purchase interest rate: 19.99%||Rewards: Earn 1 Aeroplan Mile for every $1 in purchases charged to the credit card. | Earn 1.5 Aeroplan miles for every $1 spent on eligible grocery, gas, drugstore and aircanada.com purchases.|
*This offer is not available for residents of Quebec. For Quebec residents, please click here.
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.
TD® Aeroplan® Visa Infinite* Card: The Rewards
With the TD® Aeroplan® Visa Infinite* card, you get:
- A welcome bonus of up to 25,000 Miles
- First year Annual Fee Rebate for Primary Cardholder
- 1.5:$1 spent on gas, grocery, drugstore, and purchases on AirCanada.com
- 1:$1 spent on all other purchases
- Twice the Miles earned on purchases made at participating Aeroplan partners and online retailers via the Aeroplan eStore.
- Your Aeroplan Miles don’t expire as long as you’re a TD Aeroplan Credit Cardholder
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, log in, 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 25,000 Aeroplan Miles is attractive, working out as equivalent to one long-haul roundtrip flight reward. How it works: you get a welcome bonus of 15,000 Aeroplan Miles when you make your first purchase with your Card, and then an additional 10,000 Aeroplan Miles when you spend $2,000 within 90 days of account opening.
Also, keep your eye on the Aeroplan program, which is slated to change in 2020.
In addition to the opportunity to earn Aeroplan Miles, cardholders receive:
- Comprehensive travel insurance package included
- One complimentary first checked bag on Air Canada flights
- Priority check-in and boarding on Air Canada flights
- 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 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* Credit 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* is for you.