TD^® Aeroplan^® Visa Infinite^* Card

With the annual fee fully rebated in year one and TD All-Inclusive Banking Plan holders able to waive it permanently, this becomes a compelling no-fee option for everyday Aeroplan earning – especially if you're already carrying that bank account.

The tiered structure rewards both quick wins and sustained spending. Light spenders capture 25,000 points upfront, while hitting the $12,000 threshold unlocks the full 40,000-point bonus – a solid mid-tier offer that pairs well with everyday category earn.

The 1.5x on gas, groceries, and travel delivers steady Aeroplan accumulation across everyday Canadian spending without category caps or quarterly rotations. It's not class-leading – Cobalt beats it on groceries, premium travel cards on travel spend – but it earns a spot as a reliable secondary card or single-card simplifier for Aeroplan loyalists.

The uncapped structure matters for high-spend households: annual grocery runs and weekly fuel-ups compound into meaningful balances without you chasing thresholds. In a multi-card setup, this becomes the Aeroplan workhorse while your premium card handles lounge access and category bonuses.

Aeroplan shines brightest on long-haul premium cabin redemptions – think transatlantic business class from 60,000 points or accessing Lufthansa First Class and ANA's new suites through Star Alliance partners. The 5,000-point stopover feature lets you build multi-city itineraries across Europe or Asia without paying for separate awards.

Book Air Canada metal for predictable fixed pricing, but explore partner availability for the real sweet spots – Turkish to Istanbul, Singapore to Southeast Asia, or United's Polaris routes where Air Canada doesn't fly. Transfer flexibility doesn't apply here since you earn Aeroplan directly, so your redemption strategy is entirely within one ecosystem.

Priority boarding and free checked bags are table stakes for Air Canada loyalists, but the $100 NEXUS rebate every four years is what sets TD apart – neither CIBC nor Amex offers this at the mid-tier, and if you cross the border regularly, it's a thoughtful inclusion that pays for itself.

The annual companion voucher renews after your first year and delivers the most value on longer-haul routes where baseline points costs run high. Book early on popular routes to secure two seats, and don't let it expire unused – even a domestic cross-country redemption represents meaningful savings.

TD Insurance delivers one of the more traveller-friendly packages in the Canadian market, especially for Aeroplan redemptions – coverage applies when you charge just the taxes and fees, not the full ticket price. The 90-day pre-existing condition window and $65,000 rental car threshold are both more generous than most competing products.

For short North American trips, this coverage is robust enough to travel with confidence. Extended international travel may warrant supplemental insurance, particularly if you're heading to regions with high medical costs.