The TD Aeroplan Visa Infinite is an excellent for all Aeroplan collectors to pick up a hefty chunk of points for no annual fee and a low spending requirement.
Bonuses & Fees
Until September 5, 2022, the TD Aeroplan Visa Infinite is offering up to 50,000 Aeroplan points, distributed as follows:
- 10,000 Aeroplan points upon first purchase
- 20,000 Aeroplan points upon spending $1,500 in the first three months of account opening
- 20,000 Aeroplan points as a one-time renewal bonus, upon spending $7,500 in the first year
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 50,000 Aeroplan points is one of the highest we have ever seen, with 30,000 points being awarded in the first three months and the rest awarded as a one-time renewal bonus of 20,000 Aeroplan points if you keep the card open for a second year, after spending $7,500 in the first year. If you pair this card with a qualifying TD bank account to waive the annual fee, this card would be worth keeping for a second year.
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.
Aeroplan remains the program of choice for the vast majority of Canadians aiming to redeem their points for high-value international business and First Class redemptions.
Redeeming Aeroplan points follows the Aeroplan Flight Reward Chart, and can cost as little as 55,000 points one-way from Vancouver to Tokyo in business class.
From the East Coast, 60,000 Aeroplan points (or often fewer, thanks to Air Canada’s preferred pricing if you hold Elite Status or a credit card) would unlock a transatlantic flight to most parts of Western Europe.
Closer to home: short-haul flights within North America that are under 500 miles only cost 6,000 Aeroplan points one-way.
With the 25,000 points earned from this card , you can travel one-way in business class across the continent on routes such as Toronto – Vancouver or Montreal – Los Angeles.
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.