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New TD Aeroplan Credit Card Offers for Spring 2022

TD has just announced the latest round of offers on their credit cards, setting the bar higher in the Canadian credit card market. Say goodbye to the Air Canada Buddy Pass, and say hello to more Aeroplan points than you’ve ever seen on some of these cards!

TD has improved upon the strong offers on their Aeroplan cards, some of their most heavily-featured products, while restoring their in-house TD Rewards products to all-time-highs as well. 

Let’s take a closer look at the details of these offers. Most of these are available until May 29, 2022, with some extending a few months longer.

TD Aeroplan Visa Infinite Privilege: 105,000 Aeroplan Points!

The TD Aeroplan Visa Infinite Privilege Card has set a new record-breaking welcome bonus at 105,000 Aeroplan points.

There’s not much to say about it – that’s awesome. It crushes the card’s old all-time high of 65,000 points plus a Buddy Pass, equivalent to a total of 95,000 points. It’s easily the most valuable signup bonus ever on a Visa or Mastercard in Canada!

To earn the full bonus, you’ll have to meet the following conditions:

  • Earn 20,000 Aeroplan points with your first purchase
  • Earn an additional 8,500 Aeroplan points for each of the first 10 months that you spend $1,000, up to a maximum of 85,000 Aeroplan points.

While the overall spending requirement is high at $10,000 over the course of the first 10 months, the overall upside is well worth it. After factoring in the points from the spending requirement, you’ll have earned 110,000+ Aeroplan points, enough for a round-trip business class flight from Western Canada to Japan all on its own. 

American Express, take note: the Platinum and Business Platinum cards look a little less shiny this quarter, with only 80,000 points in the first year and a $6,000 spending requirement concentrated in the first three months. TD has come to play.

With an annual fee of $599, this represents buying the full welcome bonus at 0.57 cents per point. That’s a great entry point for a premium credit card, as it’s easy to redeem Aeroplan points at a higher value (we currently value Aeroplan points at 2.1 cents per point).

As always, the card’s everyday earn rates are as follows:

  • Earn 2 Aeroplan points per dollar spent at Air Canada, including Air Canada Vacations
  • Earn 1.5 Aeroplan points per dollar spent on groceries, gas, travel, and dining
  • Earn 1.25 Aeroplan points per dollar spent on other purchases

In addition to the travel benefits offered by the lower-tier cards, the Visa Infinite Privilege card also comes with a Priority Pass membership and six lounge passes per year, as well as Maple Leaf Lounge access.

The Visa Infinite Privilege card requires $200,000 in annual household income to qualify.

TD Aeroplan Visa Infinite: 50,000 Aeroplan Points

The TD Aeroplan Visa Infinite Card has also increased its offer, with a welcome bonus of 50,000 Aeroplan points. As usual, the annual fee is waived for the first year.

To earn the full bonus, you’ll have to meet the following conditions:

  • Earn 10,000 Aeroplan points with your first purchase
  • Earn an additional 20,000 Aeroplan points when you spend $1,500 in the first 90 days
  • Earn an anniversary bonus of 20,000 Aeroplan points when you spend $7,500 in the first year

A bonus of 50,000 Aeroplan points is an all-time high for the card, on paper. While the Buddy Pass conversion opportunity had effectively pushed an old signup bonus to 55,000 points, this is the most points we’ve ever been able to earn as a signup bonus for the TD Aeroplan Visa Infinite Card itself.

The secondary spending requirement within the first year is much more flexible than a monthly spending requirement, as you can achieve it whenever it’s most convenient.

However, these latter points are described as an “anniversary bonus,” so you’ll need to pay a second year’s annual fee to unlock the final chunk of 20,000 Aeroplan points. Consider using a TD bank account to waive this annual fee instead.

As a reminder, here are the Visa Infinite card’s earn rates on ongoing spending:

  • Earn 1.5 Aeroplan points per dollar spent on groceries, on gas, and at Air Canada
  • Earn 1 Aeroplan points per dollar spent on other purchases

And these are a few key benefits for cardholders:

  • Preferred pricing for Aeroplan award tickets on Air Canada flights
  • Free checked bag for you and your party on Air Canada flights
  • NEXUS rebate once every four years

The Visa Infinite card requires either $60,000 in annual personal income, or $100,000 in annual household income, to qualify.

Unlike the other new offers, this one will be available longer, until September 5, 2022 – so no need to rush into it if you’ve got your eyes on the VIP prize for now.

TD Aeroplan Visa Platinum: 20,000 Aeroplan Points

The TD Aeroplan Visa Platinum Card is holding steady at 20,000 Aeroplan points for new cardholders. Like its Visa Infinite counterpart, this card is also free for the first year.

The welcome bonus is as follows:

  • Earn 10,000 Aeroplan points with your first purchase
  • Earn an additional 10,000 Aeroplan points when you spend $1,000 in the first 90 days

Usually, welcome offers at this level are reserved for cards with a higher income requirement. If this card is a better fit for you, or if you’ve been ignoring it in favour of premium products, you can get this bonus if you apply before May 29, 2022.

While the welcome bonus shines, ongoing earn rates aren’t quite as strong as the Visa Infinite:

  • Earn 1 Aeroplan point per dollar spent on groceries, on gas, and at Air Canada
  • Earn 1 Aeroplan point per $1.50 spent on other purchases

The Visa Platinum card also provides preferred pricing and Aeroplan award ticket insurance, but it doesn’t offer free checked bags or a NEXUS rebate.

TD Aeroplan Visa Business: 60,000 Aeroplan Points

Turning our attention to business credit cards, the TD Aeroplan Visa Business Card has also upped its offer to 60,000 Aeroplan points, broken down as follows:

  • Earn 10,000 Aeroplan points with your first purchase
  • Earn an additional 20,000 Aeroplan points when you spend $5,000 in the first 90 days
  • Earn an additional 2,500 Aeroplan points for each of the first 12 months that you spend $5,000, up to a maximum of 30,000 Aeroplan points.

A higher spending requirement is to be expected for a business credit card, and this offer is no exception. It’s nice to see the first year annual fee waiver has remained as well.

However, the latter half of the offer is distributed at monthly intervals with a large recurring spending requirement. Each month, you’ll earn 2,500 bonus Aeroplan points for spending $5,000. That effectively works out to a bonus 0.5 points per dollar spent.

In total, you can earn up to 30,000 bonus Aeroplan points for spending $60,000. That’s a very steep requirement that will divert your attention away from other more lucrative cards.

Similar to the American Express Business Edge Card, the TD Aeroplan Visa Business Card comes with a good signup bonus up front, but with a disproportionately-weak monthly component that would only be worth pursuing if your business can easily spend that much on a regular basis.

If you can maximize the card’s perks (similar to the Visa Infinite above) and everyday earn rates on non-Amex business expenses, this card might still be a good choice:

  • Earn 2 Aeroplan points per dollar spent at Air Canada
  • Earn 1.5 Aeroplan points per dollar spent on shipping, internet, cable, phone, dining, and travel
  • Earn 1 Aeroplan point per dollar spent on other purchases

It’s relatively easy to get approved for business credit cards with TD as a sole proprietor. If you’re interested, I’d suggest setting up an appointment with a representative at a branch to ensure smooth sailing.

TD Rewards Credit Cards: Back Up to 100,000 Points!

While TD’s Aeroplan credit cards remain hot, so too do the TD Rewards cards.

The TD First Class Travel Visa Infinite Card is offering 100,000 TD Rewards points:

  • Earn 20,000 TD Rewards points with your first purchase
  • Earn an additional 80,000 TD Rewards points when you spend $1,500 in the first 90 days

Additionally, you’ll earn a 0% promotional interest rate on travel purchases for six months. While I don’t see this being useful to most people who have a healthy habit of paying down their balance on a regular basis, it’s an interesting way to finance some prepaid travel expenses.

Its junior counterpart, the TD Platinum Travel Visa Card, is holding steady at 50,000 TD Rewards points:

  • Earn 15,000 TD Rewards points with your first purchase
  • Earn an additional 35,000 TD Rewards points when you spend $1,000 in the first 90 days

Both cards are offering a first-year annual fee waiver, so you can earn these rewards without fretting about your initial outlay. Both offers last until May 29, 2022.

TD Rewards points are worth a fixed rate of 0.5 cents per point for travel redemptions booked via Expedia for TD, or 0.4 cents per point for statement credit against any other travel expense. When redeemed for maximum value with Expedia, the offer on the First Class Travel card is worth $500, while the Platinum Travel card would net you $250.

While not the most highly-coveted award currency, TD Rewards points can be quite useful for oddball non-chain hotel bookings or other excursions you find on Expedia. For statement credit, they’re quite flexible, with TD being known to consider out-of-province gas or restaurant purchases as eligible “travel” expenses.

Conclusion

With strong offers on their Aeroplan credit cards for Spring 2022, TD remains one of Canada’s leading credit card issuers, even giving American Express a run for their money with its premium offering this quarter.

For now, the Buddy Pass is gone, but not forgotten. While its usefulness for solo and aspirational travellers was questionable, it’s great to see that TD has replaced its value with a substantial increase in the number of points being offered.

If you’ve been sleeping on TD, now would be a stellar time to ramp up and apply for their credit cards.

This is a recurring article, regularly updated with the latest round of offers. Some comments may refer to past offers that are no longer available.

65 Comments
  1. Christine

    Hi thanks for the article! I have a TD all inclusive account and never had a credit card before – debating if I should apply for the Aeroplan visa infinite privilege or the Aeroplan visa infinite since I qualify for either. I can’t decide if the annual fee is worth the extra points you get from the privilege since the VI is free. What do you think is the better deal?

  2. Thomas

    Seeing as the buddy pass is now only available CIBC AEROPLAN® VISA INFINITE* CARD, would you be able to apply for both the CIBC and TD Aeroplan Visa Infinite cards and receive both welcome bonuses, even though they are at the same performance level. I recall before you would only be eligible for one buddy pass per tier, but as there is now only one card that gives it in the welcome bonus would it be worth it to apply for both? Thank you.

  3. Rick

    I called in and did a product switch from my TD AP infinite to privilege without any issues. Only had the infinite card for 6 months. $200k household income was just a yes or no question. Agent told me the 105k AP promo is for online only. The promo she got me was 20k first use and 80k with $1k spend within 90 days. I like that much better. Now the question I have is, will I be able to downgrade this card in 6 months to get prorated fee back?

    1. Matthew

      Hi Rick! That’s a great upgrade offer seeing as you had the TD AP Infinite card for six months (Im assuming you got a welcome bonus there as well). When you did your upgrade, did TD pro-rate your annual fee for the current card? or did you get that waived? My understanding of TD’s product switch rules is that you are allowed a maximum of TWO switches per year. The first switch can happen after your 4tht statement, after that its recommended to wait at least six months. TD might consider another switch back to the TD AP Infinite as “abuse” of the welcome bonus since you likely have received two of them. Therefore I recommend you wait until your next annual fee posts to switch back. (you may get lucky and get some type of offer when you do).

      1. Rick

        I got the TD AP VI in July 2021. It was FYF, 25k sign up + 30k buddy pass conversion. It was a great deals back then. When I did the product switch over the phone, the agent told me I may not get the full 20k spent after first spend (she isn’t 100% sure) but I will get the 80k after spending 1k. There was no prorated rate for current card since I was on FYF. Thanks for the advice about waiting for the full year.

  4. Sukun Unosawa

    Hi, I think i messed up, i applied for the visa infinite, two days ago, will they upgrade me to the new offers or am I stuck with the old offer of 25000 Aeroplan points?

    1. Josh YVR

      You’ll get the old offer. Luck of the draw when you apply just before the offer ends – might go up or down, you never know!

  5. Todd

    any data points re: in-path offer? ive been trying to trigger it, but am not seeing anything.

    1. Matthew

      Hi Todd! I triggered the in-path offer and currently its identical to the public offering of 50,000 Aeroplan points for the TD Aeroplan Infinite Visa card. This is a very strong offer 🙂 Hope this helps!

  6. Rob

    I’ve had a TD Visa Infinite card for 5+ years. Can I upgrade my account to an Infinite Privilege to take advantage of this offer?

    1. Matthew

      Assuming you meet all the usual requirements to get approved for the privilege card, you CAN do a product switch. I would call TD to confirm you qualify for the bonus before you proceed. Your existing card would need to have a $10,000 limit or higher and your household income would need to be $200,000 or higher. If you can say “yes” to both, then your chances of getting the new bonus are very good.

      1. Rebecca Forgan

        And if you do the switch from long term infinite card holder to infinite privilege card, I’m
        assuming you’d need to pay the annual fee since it doesn’t appear that the infinite privilege offers a FYF option. Is that correct?

        1. Matthew

          Hi Rebecca,
          It depends on the type of relationship you have with TD. You may get an annual fee waiver for the first year, if you have not received any welcome bonuses for a couple of years. Otherwise TD will prorate your annual fee from the previous card and post it as a credit to your account. This also depends on when your card “anniversary” is in relation to when you request the product switch.

          You should receive some type of credit, maybe even a full waiver if you call in and ask nicely 🙂 Hope it works out for you.

  7. Mike

    Hi josh, can you comment on the difference between a transfer versus a product switch or are they the same thing? I got an email from Air Canada asking me to upgrade to a Visa infinite privilege to get the full 105,000 AP bonus. I thought that a product switch wouldn’t offer the full bonus..

    1. Josh YVR

      Every bank uses different terminology but they all mean the same thing. If you have an upgrade offer from a bank or Air Canada, you’ll definitely be eligible for the full bonus, and if you don’t receive it automatically you can point to the offer as supporting evidence when you claim your missing points.

    2. Matthew

      Assuming you meet the requirements for the new card and haven’t received a welcome bonus in the last 12 months (may vary for the Infinite Privilege card), you CAN receive the bonus on a product switch. I recently did this and I have my new card and awesome welcome bonus. Keep in mind your current card would need to have an existing limit of $10,000 or more and your household income needs to be $200K+ – call TD ahead of time to confirm eligibility for the bonus, but if you are getting an email from Air Canada, its extremely likely you qualify 🙂 — “transfer” and “product switch” are interchangeable, but banks prefer the second term.

  8. Steve

    How strict is TD with the $200k income requirement on the Privilege card? Could a healthy investment portfolio with them, your mortgage with them, as well as a good household income be enough? Does an in branch, human application help at all? I always though the high requirement was a bit much, considering how high the annual fee is as well.

    1. Josh YVR

      In my experience, TD is helpful and flexible for clients in your situation who use a variety of their other services – a branch appointment or phone application would certainly be better than an online application.

    2. Matthew

      I forgot to mention that you might want to check out Amex Aeroplan Reserve card. The welcome bonus is up to 110,000 points and have some pretty sweet benefits. Maple Leaf lounge access and a worldwide companion pass are included assuming you meet the requirements. The annual fee is $599 (same as TD) but the kicker here is Amex is NOT strict with income requirements. So if the application from TD does not work out, you have a possible plan “B”

    3. Matthew

      f you are applying online, then the income requirement (currently household income of $200,000 or more) is strictly enforced. Having other business with TD likely will help your chances 🙂 I would contact your branch and book an appointment. I’ve heard of applications being pushed through, despite falling short on the income requirement. nothing is set in stone when dealing with a real human being. Hope it all works out for you 🙂

  9. Gary

    Does it make sense to get both the in-path TD Aeroplan Infinite for the points and the CIBC Visa for the buddy pass?

  10. Faez

    Is the buddy pass issued every 12 months?

    1. Matthew

      No. Its a one time deal as part of the welcome bonus. However you CAN earn up to three buddy passes if you have an Aeroplan card in each category (core, premium and business) and meet all of the spend requirements. Keep in mind though, NO current welcome bonuses are offering the buddy pass as of March 7th 2022. That ship has sailed. We may see the passes return in September, but no promises.

  11. Faez

    Do you get a buddy pass every 12 months?

  12. Bileth

    Can you receive WBs for the Aeroplan Infinite and Platinum cards within the same 12 months?

    1. Matthew

      I don’t see why not, considering they are in different categories (Platinum is “entry-level” and Infinite is a “core” offering) – Assuming you are applying at TD for both, I recommend that you call ahead and confirm if you are eligible for the bonuses.

  13. kart

    I just applied for the “TD Aeroplan Visa Infinite Card” on Aug 16 which was the deadline to avail the previous offer of 20K points. I see that its now 25K points! Didn’t think it would get better! Missed the 5K points 🙁

  14. William

    If I buy an economy ticket with Buddy Pass, how do I upgrade to Business class? And if I can’t use the Buddy Pass by expiry date, can I then convert it to get Aeroplan points each year?

  15. Ryan

    Hello, would I still qualify for the welcome bonus with the TD Aeroplan Infinite card if I already have a CIBC Aeroplan Infinite Privilege card (no buddy pass)? Does it have any impact on my Aeroplan account having two cards? I’m trying to hit the minimum spend on the Privilege card for the status up offer.

    1. Ricky YVR

      Yes, you will.

  16. Abi YYZ

    “When redeemed for maximum value, these offers are worth $500 or $300, respectively.”
    I think you meant to write $500 or $400, respectively.

    1. Josh YVR

      I was referring to the First Class Travel card vs the Platinum Travel card, not Expedia vs Book Any Way. Good catch though, I clarified the article.

  17. Hussein

    On TD website, it says the bonus is 45,000 upon spending the first 1,000$. Can you please clarify?
    “Earn an additional 45,000 Aeroplan points when you spend $1,000 within 90 days of Account opening, up to a total of 65,000 Aeroplan points”

    1. Josh YVR

      20,000 when you make your first purchase + 45,000 when you spend $1,000 = 65,000 points total.

  18. steve

    Thanks for this clear overview. About the Buddy Pass – is the “start date” of the pass when you meet the minimum spend requirement or when the certificate actually appears in your Aeroplan account? It seems people are waiting weeks, even months, to get it, which certainly affects the expiry of the pass.

  19. LeLe

    Hello. Can one person have the TD Visa Infinite and the TD Visa Platinum opened at the same time? Wondering if I need to cancel my TD Visa Infinite before applying for the Platinum. Thanks!

    1. Josh YVR

      Yep, just opened both myself!

      1. Chris

        Hi Josh,
        I applied by phone today for the Platinum AP and the TD agent said that since I closed my VI card in May/20, I might NOT be eligible for the WB as it’s hasn’t been over a year.
        She said the WB is across all their credit cards, not based on type. I applied anyways so hope to get it.

        1. Josh YVR

          I’d say the agent might be misinformed 😉 I was never given such a warning, just let the system run its course and hope for the best!

          1. JJ

            I was also told that as I had recently opened a new aeroplan visa infinite that if I switched my travel infinite to the platinum aeroplan I wouldn’t get the second WB.

  20. Sebastien C

    Good day, could you comment on the “family sharing” option with these new offers. In other words, if myself and my spouse both apply for new cards, we should each get a sign up bonus. However, if your aeroplan accounts are linked to the same family plan, both sign up bonuses should end up in the “family pool”, correct?

    Or is there some exclusion criteria for that?

  21. Robin

    I currently have the TD Platinum Travel Visa and I am thinking about making the switch to the AP Platinum card. Would it be worth the switch and to try to transfer my TD points?

    1. Kent

      Hello! Just wanted to see how the product switch went. Were you able to get the welcome bonus and buddy pass? I’m thinking of doing the same (from First Class Travel to TD Aeroplan). My FCT card was opened more than. 12 months ago.

    2. colonel

      I’am in the same situation; to switch to AP, will you be able to have the bonus Aeroplan point because it not a ‘new’ application from the AP ? Also, do you mean to transfer points for TD point to Aeroplan point, if so it possible to do that ?

      1. Robin

        I switched from the TD points to AP last night. I asked if they could convert my TD points that I have saved up into AP points. Sadly they said it is not possible to convert points so I just redeemed the points I had into cash credit. I just called the phone number behind the credit card and asked if I could have switch credit card products. No application needed. It did not affect my credit score and you will still get the welcome bonus if you didn’t open a card in 12 months.

        1. colonel

          Hi Robin
          Thank a lot for the information.
          But In my case, 8 month ago , I switch for TD Aeroplan to TD platinum (TD offer me to do that). So I don’t know what can happen if I ask to switch ‘back’ to the new TD aeroplan ?

    3. Ricky YVR

      Worth giving it a go in my view.

  22. milegosu

    Loving the content and the effort you are putting into this blog Josh.
    Question for you:
    you said in the comments below that Visa platinum and Visa infinite are considered different products so PSing to a visa platinum would give me up to 20,000 points and later (let’s say hypothetically 6 months later) I can PS that card into Visa infinite to get the Visa Infinite bonus ?
    Also In “All About PSing” article by Ricky, he mentions that there have been some DPs that reports receiving unused TD points at 1:4 ratio. Would we have to do this before the product switch? Or can we do it retroactively after PSing to the new card?

    Thanks

    1. Josh YVR

      Glad you’re enjoying my contributions so far! 😊

      I wouldn’t expect to get the welcome bonus if you switch between products that earn the same type of rewards. Instead, you’d be eligible for both bonuses on new applications.

      I haven’t done the 4:1 recently, but in the past I’ve been told that I could do it at the time of PS. I always recommend using your points before closing or changing a card – some banks let you keep them for 2-3 months after, but just invites a whole swath of avoidable headaches.

  23. Annie

    I do hope that CIBC will match with TD’s offers, so we have more cards to open (if you know you know 😉 ) The chance may be low though as TD is the main partner of Aeroplan, all we can do is wait and see.

  24. Glen

    Any idea if canceling the card would cancel the buddy pass, or would that remain safe in your AC/aeroplan account?

    1. Josh YVR

      Great question. From the T&Cs:

      “Unused passes will automatically be cancelled on the date the credit card is closed, regardless of reason for closure, or if the credit card account is changed to a different product.”

  25. JMC

    Although the T&C states “excluding new cardholders from receiving the welcome bonus if you’ve opened the same card within 12 months”, does this apply on different cards in the AP program? For example, if I opened a TD AP Visa Infinite within the last 12 months, will I be qualify for WB if I applied for the TD AP Visa Platinum now? Thanks!

    1. Josh YVR

      Yes you’ll be eligible for both, as the Infinite and Platinum cards are different products.

      1. MasterChris

        I was denied for this

      2. JMC

        Great to hear! Thanks Josh! 🙂

    2. Joy

      I’m also wondering the same thing!

  26. trend

    Is it qualified to apply it through switching from other TD credit card?

    1. Josh YVR

      There’s no language in these offers that specifically says “new applicants only” but you should still consider if you’re eligible based on the last time you received a bonus. You can read more here.

  27. litokid

    >Also, each Aeroplan member can only earn one Air Canada Buddy Pass for each card tier (core, premium, or business) at all banks, up to a maximum of three Buddy Passes.

    Whoa that seems something fairly big mentioned at the end! Not that most people would qualify for 3 buddy passes, or have use for them. Josh, do you know if this limit on an annual basis or indefinite?

    1. Josh YVR

      It’s too early to say, as the Buddy Pass was only introduced two months ago. I think it will depend on how well the Buddy Pass is received, and if Air Canada determines that loyalty members will value it as a recurring feature going forward.

      If you want to stagger the expiry dates of your Buddy Passes, it might be wise to space out your new core, premium, and business cards, and tackle each tier all at once. For example, do Visa Infinite at TD + CIBC now, VIP at both + Amex Reserve a few months later, and Business cards at all three a few months after that.

      1. CR

        Why stagger it that way?

        1. Josh YVR

          The Buddy Pass is valid for a year from the date it’s issued. That way you’d space them out. Obviously depends on your travel plans within the next 12 months.

      2. litokid

        Good points – thanks!

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