Bonuses & Fees
Until December 5, 2021, the TD Aeroplan Visa Infinite is offering 25,000 Aeroplan points and an Air Canada Buddy Pass, distributed as follows:
- 10,000 Aeroplan points upon first purchase
- 15,000 Aeroplan points and an Air Canada Buddy Pass upon spending $1,000 (non-Quebec) or keeping your account open and in good standing (Quebec) in the first three months
The annual fee of $139 is waived for the first year under the current promotion; otherwise, holding TD’s All-Inclusive Banking Plan can also waive the annual fee on this card.
The signup bonus of 25,000 Aeroplan points is on par with some of the typical offers we see on this card. However, there’s a lot of extra value in the Air Canada Buddy Pass, which is essentially a buy-one-get-one voucher for paid Air Canada economy class flights within North America. If you’d be able to unlock value from the Buddy Pass because you’ve planned some upcoming travel as a couple or a family, then that makes this offer quite strong.
You now also have the option to convert your Buddy Pass into an additional 30,000 Aeroplan points. If you fly solo or prefer business class or overseas travel, that would be a better choice, bringing your total haul to 55,000 Aeroplan points. That’s an astounding offer, surpassing the card’s historic high and easily among the best around.
Whether you use the Buddy Pass or convert it into Aeroplan points, you can only earn one Buddy Pass every 12 months between this card, the CIBC Aeroplan Visa Infinite, and the American Express Aeroplan Card. If you plan to open two or more of these cards in the “core” Aeroplan tier, you’ll only receive the Buddy Pass once, so keep that in mind as you sketch out your anticipated welcome bonuses.
Supplementary cards can be added to your account as well. The first authorized user is free for the first year, while remaining cards will be charged at a $75 annual fee per card.
The TD Aeroplan Visa Infinite offers you 1.5 Aeroplan points per dollar spent on gas and groceries. Meanwhile, you’ll earn 1 Aeroplan point per dollar spent on all other purchases.
The earning rates on this card are good, but not great. The 1.5x category is outstripped by the American Express Cobalt Card, which offers 5 Amex MR points per dollar spent on the same purchases. Since Amex MR points can be transferred to Aeroplan at a 1:1 ratio, the 1.5x multiplier on the TD Aeroplan doesn’t quite stack up to that, and you’d be better off using the Cobalt Card instead.
However, there’s something to be said for keeping the TD Aeroplan card as a backup Visa option in your wallet, since some of the establishments where you shop might not accept American Express. In that case, earning 1.5 Aeroplan points per dollar spent on the bonus categories and 1 Aeroplan point per dollar spent on other purchases is a decent return.
Perks & Benefits
The TD Aeroplan Visa Infinite prides itself upon a strong set of Air Canada travel benefits. As a cardholder, you’ll receive:
- Free first checked bag on Air Canada flights, for the primary and supplementary cardholders
- Preferred pricing when redeeming Aeroplan points for Air Canada flights
- The ability to earn 1,000 Status Qualifying Miles (SQM) and 1 Status Qualifying Segment (SQS) for every $10,000 you spend on the card
- Your Aeroplan points won’t expire for as long as you’re a cardholder
On top of that, a unique perk on this card comes in the form of a $100 NEXUS credit, which is not offered by either CIBC and American Express in this product category.
As a premium travel credit card, the TD Aeroplan Visa Infinite comes with an impressive suite of insurance benefits, including:
Emergency medical insurance of up to $1,000,000 on the first 21 days of a trip (4 days for cardholders aged 65 and up)
Trip cancellation/trip interruption: For trip cancellation, up to $1,500 per person and $5,000 total, which protects against unforeseen factors affecting your trip and for Trip Interruption, up to $5,000 per person and $25,000 total
Delayed and lost baggage insurance of up to $1,000 per person towards the purchase of essential items if your baggage is delayed by more than six hours or lost
Flight delay insurance of up to $500 if your flight is delayed by more than four hours
$500,000 Common Carrier Accident insurance, which protects you in case of a travel-related accident
Auto rental damage & loss insurance, which can help you save on the insurance fees that car rental companies would otherwise charge
One outstanding feature of the card is that the insurance applies to Aeroplan award tickets when you charge the full taxes and fees of the redemption ticket on your TD Aeroplan Visa Infinite.
There aren’t many cards out there with insurance benefits for award travel, so being able to insure your Aeroplan award ticket is a very valuable perk that the TD Aeroplan card offers, especially if you book a complex trip like an Aeroplan Mini-RTW.
This perk alone means that the TD Aeroplan Visa Infinite is an excellent card to keep around after you obtain its signup bonus, because the insurance coverage will come in very handy if you travel frequently on Aeroplan awards.