Comparing Aeroplan Credit Cards – TD, CIBC, American Express

Comparing Aeroplan Credit Cards - TD, CIBC, American Express - Which is Best?

Written by GreedyRates
July 2, 2017 547

TD, CIBC and American Express continue their fight to offer the strongest Aeroplan credit card program in the country. Our analysis shows that of the Aeroplan credit card options, the American Express Gold Rewards card (hybrid) is currently the best Aeroplan offering in the marketplace today because of its 1st year annual fee waiver and 25,000 point welcome offer.

Below is a quick comparison of the sign-up bonus, annual fee, point accumulation and insurance coverages offered by each Aeroplan credit card currently in the market. Although not officially an Aeroplan credit card, we included the Amex Gold rewards card because you’re able to transfer its Amex points 1:1 to Aeroplan, giving cardholders significant flexiblity to book through Aeroplan or Amex at their option.

Aeroplan Credit Card American Express Gold Rewards CardAmerican Express AeroplanPlus CardCIBC Aero PlatinumCIBC Aerogold InfiniteTD Aeroplan Infinite Visa CardAmerican Express AeroplanPlus Gold CardTD Aeroplan Visa Platinum CardTD Aeroplan Visa Infinite Privilege CardAmerican Express AeroplanPlus Platinum Card
Annual Fee$150$60$39$120$120$120$89$399$499
Supplementary Card$

Signing Bonus Points25000 Points
5000 Points5,000 Points15000 Points15000 Points15000 Points10000 Points25000 Points40000 Points
Basic Rewards1 pt : $11 pt : $11 pt : $1.51 pt : $11 pt : $11 pt : $1.66 pt : $11.25 pt : $11.25 pt : $1
Accelerated Rewards
2 pt : $1

(gas, grocery, drugstore & travel)
1 pt : $11 pt : $1.51.5 pt : $1 (gas, grocery, drugstore)
1.5 pt : $1

(gas, grocery, drugstore & Air Canada)
1.25 pt : $1 on spend > $10K1 pt : $1 (gas, grocery, drugstore)1.5 pt : $1 (gas, grocery, drugstore)1.5 pt : $1 on spend > $25K
Insurance Auto Rental, Travel Accident, Flight Delay, Baggage, Trip Interruption, Out of Province Travel Medical, Hotel/Motel BurglaryTravel AccidentAuto Rental,
Travel Accident
Auto Rental,
Travel Accident
,Flight Delay,
, Trip Interruption,
Out of Province Travel Medical
Auto Rental,
Travel Accident,Flight Delay,
Baggage,Trip Interruption,
,Out of Province Travel Medical
Trip Cancellation
Auto Rental, Travel Accident, Flight Delay, Baggage, Hotel/Motel BurglaryAuto RentalAuto Rental,
Trip Cancellation
,Travel Accident,
Flight Delay,
Trip Interruption,
Out of Province Travel Medical
Auto Rental,Trip Cancellation, Travel Accident,
Flight Delay
, Baggage,
Trip Interruption
, Out of Province Travel Medical,
Hotel Motel Burglary
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What the above chart clearly shows, is that the Amex Gold Rewards card (transfer Amex points to Aeroplan 1:1 for free) has the heftiest up-front bonus of 25,000 Aeroplan points among the infinite cards.

TD’s current Aeroplan Infinite Privilege offer gives you 25,000 Aeroplan miles as well, but the annual fee of $399 can be a little off-putting. Nevertheless, if you’re looking for first-class treatment at luxury hotels and royal airport lounges (just read about their Visa Infinite Privilege Benefits here) – this card is definitely worth the seed money.

We think the high welcome bonuses for these two cards make great opportunities to jump start your Aeroplan miles.You’re getting a round-trip, coach class ticket to anywhere within North America for free. That’s a great opportunity. Get both cards and you have two free tickets.

The American Express Gold Rewards card is the richest Aeroplan credit card in Canada. Here’s why: Because the American Express Gold Rewards card allows users to transfer its points 1:1 to Aeroplan miles, it effectively offers 2 Aeroplan miles per $1 spent on gas, groceries, drugstore and travel, and 1 point per $1 spent everywhere else. CIBC only offers 1.5 points on gas, groceries and drugstore, which is 25% less than the Gold Rewards earn rate, and they only offer 1 point per $1 spent on travel (TD offers 1.5 points on online Air Canada bookings). The Gold Rewards card gives 2 points per $1 spent on all travel expenses (flights, hotels, cruises, car rental, taxis, etc…), which not only makes it a great travel redemption card, but also a great travel earn card!

The TD Aeroplan Visa Infinite and Amex Gold Rewards cards also offer the highest welcome bonuses of 25,000 points to start, while the CIBC card only offers 15,000 points currently. CIBC has also occasionally been known to make annual fee waiver offers to select applicants. Lastly, with an insurance package that is as good or better than the competition, we think the Amex Gold Rewards Card has the best value among any Aeroplan credit cards currently being offered in Canada.

Aside from the economic value of the Gold Rewards card, what really distinguishes it from the other Aeroplan cards, is that if you can’t find the flight you’re looking for with Air Canada, you can transfer your Amex points to Avios 1:1, or use them as Amex points for ANY travel expense, making it the most flexible option among the Aeroplan credit cards. CIBC used to allow cardholders to transfer points from Aventura to Aeroplan, but has discontinued that point exchange program unfortunately. We love the flexibility, and with Aeroplan’s black-out dates, we think it’s very valuable.

There are several nice value-added features on the TD Aeroplan cards as well: free checked bag, priority check-in, priority boarding and 1 free Maple Lounge pass per year on Aeroplan flights operated by Air Canada. Plus, up to 35% fewer miles needed for Market Fare Flight Rewards as an Aeroplan Distinction member. Also, get faster access to Distinction status, Aeroplan’s recognition program that offers a range of Distinction benefits such as exclusive flight rewards, bonus mile offers and privileges.

Summary of Best Aeroplan Credit Card Offers in Canada

Aeroplan Credit CardWelcome BonusAnnual FeeMin Income
American Express Gold Rewards Card25000 Miles$150$0
American Express AeroplanPlus Card5000 Miles$60$20000
CIBC Aerogold Infinite15000 Miles$120$60000
TD Aeroplan Infinite Visa Card15000 Miles$120$60000
American Express AeroplanPlus Platinum Card40000 Miles$499$0
TD Aeroplan Visa Infinite Privilege Card25000 Miles$399$200000

All in all, we think the American Express Gold Rewards Card is the best Aeroplan credit card offer in Canada right now.  We recommend giving it a try, and jump starting your Aeroplan Miles with 25,000 points – enough for a round-trip ticket to anywhere in North America!

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