TD® Aeroplan® Visa Infinite* Card Review
This offer is not available for residents of Quebec. For Quebec residents, please click here.
The TD® Aeroplan® Visa Infinite* Card is a versatile credit card with competitive earn rates and a comprehensive travel insurance package.
If you like to collect Aeroplan Points or are a frequent traveler, we recommend reading up on this card and to see if you can take advantage of its benefits. This card might just be the one for you.
In This Article:
Pros and Cons of the TD® Aeroplan® Visa Infinite* Card
- The card has a high earn rate for Aeroplan Points, generating 1.5 points† per $1 spent on eligible purchases.
- Insurance offered includes coverage in the categories that travellers need, and is generally better than its Aeroplan peers at a similar annual fee level.
- First year annual rebate if you apply online by January 3, 2023.†
- No airport lounge membership or free lounge access.
- Aeroplan points can’t be redeemed for flights outside the Star Alliance network, nor can they be redeemed for cash credit. This makes them less flexible than some competing travel rewards programs.
Earn up to $1,400 in value† including up to 50,000 Aeroplan points, no annual fee for the first year and additional travel benefits. Must apply online by January 3, 2023.
- Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card†
- Earn 20,000 Aeroplan points when you spend $1,500 within 90 days of Account opening†
- Plus, earn an additional 20,000 Aeroplan points when you spend $7,500 within 12 months of Account opening†
- Enroll for NEXUS and once every 48 months get an application fee rebate†, and share free first checked bags†
- Plus, get an annual fee rebate for the first year†.
To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by January 4, 2023.
Benefits and Features
Combined with the current sign up bonus, the Visa Infinite program offers a great collection of additional perks. Here are the excellent travel benefits for frequent flyers that come with the TD® Aeroplan® Visa Infinite* Card:
Travel Insurance Coverage
This card offers a comprehensive travel insurance package, including some things not typically covered by other credit card insurance programs. Here are some things this card’s insurance covers:
|Travel Medical Emergency†||$1,000,000 for up to 21 days (4 days for those over 65)|
|Travel Accident†||Up to $500,000|
|Trip Cancellation†||$1,500 per person up to $5,000|
|Trip Interruption†||up to $5,000 per person with a max of $25,000|
|Flight/Trip Delay†||$500 (after 4 hours)|
|Delayed/Lost Baggage†||$1,000 (after 6 hours)|
|Car Rental Insurance†||Up to 48 days|
|Hotel/Motel Burglary Insurance†||$2,500 for items stolen from hotels/motels|
First Checked Bag Free
This card’s perks extend even further to checking your bags when you get to your flight. Cardholders will get their first checked bag free for themselves as well as up to 8 other travelers, when your flight originates on an Air Canada flight.†
Emergency Travel Assistance Program
Cardholders have access to a toll-free number 24/7 for any issues or emergencies when it comes to your travels.
Aeroplan Point Expiration
As long as your credit card account is in good standing, your Aeroplan points will never expire.
How to Earn Points
With the TD® Aeroplan® Visa Infinite* Card, you’ll earn Aeroplan points on everyday purchases you make with your card. You can earn 1.5 Aeroplan points† for every $1 on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card. You earn 1 Aeroplan point† for every $1 spent on all other purchases. When you pay with your Card and present your Aeroplan Membership Card at participating retailers and the Aeroplan eStore, you can earn twice the Aeroplan points†.
How to Redeem Points
With the new Aeroplan changes, it’s much easier to redeem those points. You can do so directly through the aircanada.ca website or the AirCanada app. The whole process has been transformed offering you more transparency and simplicity when redeeming your Aeroplan points.
Rates and Fees
The TD® Aeroplan® Visa Infinite* Card comes with some standard interest rates. You’ll pay 19.99% on standard purchases, 22.99% on balance transfers, as well as 22.99% on cash advances.
- Annual fee: $139 (first year annual fee rebate)†
- Additional cardholder annual fees: $75 (first year annual fee rebate)†
- Cash advance transaction: 1% of the amount of the transaction (minimum fee of $3.50 up to a maximum fee of $10.00) (in Canada) or $5.00 (outside Canada), plus $3.00 at a PLUS* network ATM. (Fee does not apply to a Balance Transfer or TD Visa Cheque).
- Foreign transaction fee: 2.5%
- Dishonoured payment fees: $48
- Rush card fee (per rush delivery request): $25
- Overlimit fee: $29
- Balance transfer / cheque fee: 3% of the amount of each Balance Transfer or TD Visa Cheque
Who is Eligible for the Card?
In order to be eligible for this card you have to be a Canadian resident at the age of majority of their province or territory. You’ll also have to have a minimum personal income of $60,000 or household income of $100,000 as well as a credit score in the good to excellent range.
How to get the TD® Aeroplan® Visa Infinite* Card
Applying for the TD® Aeroplan® Visa Infinite* Card is simple- you can click here to apply online. You need to fill out information on your name, address, occupation, income, and credit history. The application process shouldn’t take you too long so long as you have the information on hand.
How Does It Compare?
|Card Name||TD® Aeroplan® Visa Infinite* Card||American Express® Gold Rewards Card||Alaska Airlines World Elite® Mastercard®|
|Welcome Bonus||Online exclusive: Earn up to 50,000 Aeroplan points†. Plus, first year no Annual Fee†. Conditions Apply. Must apply online by January 3, 2023.||A maximum 25,000-point welcome bonus, enough for a return long haul flight anywhere in continental North America.||30,000 bonus miles††|
|Earn Rates||1.5 Aeroplan points† per $1 spent on eligible gas, grocery, and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card; 1 point† per $1 spent on everything else||2 points per $1 spent on gas, grocery, drugstore, and travel purchases; 1 point per $1 spent on everything else||3 Miles‡ per $1 spent with Alaska Airlines; 1 Mile‡ per $1 spent on all other purchases|
|Key Features||Comprehensive travel insurance program†. Earn Aeroplan points twice at participating retailers and the Aeroplan eStore†.||Flexibility when redeeming points; transfer points to Aeroplan 1:1||Annual $121 (USD) ($99 plus taxes and fees from $22)◊◊ Companion Fare after you make $1,000 or more in eligible purchases within the first 90 days of your account opening for a round-trip flight anywhere within the continental United States, Alaska, Canada, Hawaii, or Mexico|
|Regular Interest Rates||Purchases: 19.99%; Cash Advances: 22.99%; and Balance Transfers: 22.99%||Purchases: 30%||Purchases: 19.99%; Cash Advances and Balance Transfers: 22.99%✪|
As an Amex, the American Express® Gold Rewards Card has more limited merchant acceptance rates than a Visa or Mastercard, which is definitely a drawback. But the American Express® Gold Rewards Card does have a hidden feature worth pointing out: its Amex Membership Rewards points can be transferred 1:1 to Aeroplan. And if you instead opt to keep the points you earn as Amex points they will still be more flexible than Aeroplan points, as you can redeem Amex points directly against a charge to your credit card.
Though Alaska Airlines is far less popular among Canadians than Air Canada, the Alaska Airlines World Elite® Mastercard®* might nonetheless be worth looking at if you live in Western Canada (as it only flies out of Vancouver, Victoria, Edmonton and Calgary). The Alaska Airlines® World Elite® Mastercard’s annual fee is far lower than the TD® Aeroplan® Visa Infinite* Card, at $99 vs. $139 respectively, and includes a round-trip companion fare that renews every year◊◊.
††, ‡, ◊◊, ӕ, ✪, Terms and Conditions apply.
Alaska Airlines® World Elite® Mastercard® offer is not available for residents of Quebec. For residents of Quebec, please click here.
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The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank.
In my opinion, the card’s best features are the travel insurance program and high earn rate. Rewards are valued higher when redeemed for Air Canada flights and lounges but if you can make your travel plans align, it can be worth it.
This card is a great option for eligible, frequent travellers who can take advantage of the high earn categories and practical travel perks. Its sign-up bonus and first-year annual fee rebate give the card immediate value, while its earn rate and included travel insurance maintain the card’s value when its annual fee kicks in after the first year.
†Terms and conditions apply.