TD^® Aeroplan^® Visa Platinum^* Card

For those after benefits like preferred pricing on Air Canada^® Aeroplan redemptions, but don't want to pay a high annual fee, the TD^® Aeroplan^® Visa Platinum^* Card represents a solid option, with a decent welcome bonus to boot.

With TD's entry-level Aeroplan co-branded credit card, the current offer on the TD® Aeroplan® Visa Platinum* Card includes a signup bonus of up to 20,000 Aeroplan points^†, which could be yours.

The offer is structured as follows:

• 10,000 Aeroplan points upon first purchase^†
• 10,000 Aeroplan points upon spending $1,500 within 90 days of opening the account^†

Note that in order to receive the first-year annual fee rebate, you must activate your card and make your first purchase on the account within the first three months after account opening, and you must add any additional cardholders while the offer is in effect.

That's on the higher end of historical offers we've seen on this card, so now is a great time to apply.

As a lower-end Visa Platinum^* product, this card's annual fee is relatively affordable at $89. For this offer, the annual fee is rebated for the first year; otherwise, holding TD's All-Inclusive Banking Plan can also waive the annual fee on this card on an ongoing basis.

If you choose to sign up for the card, take note that the annual fee for the first supplementary cardholder is also rebated for the first year, which is usually $35.^†

How Much Is This Offer Worth?

The current welcome bonus is structured as follows:

• 10,000 Aeroplan points upon first purchase = $210
• 10,000 Aeroplan points after spending $1,000 in the first 90 days = $210

This brings your total first-year value to approximately $441.

While this card doesn’t come with elevated earn rates or travel perks, it’s still a worthwhile choice for those new to Canada or travellers with lower income to earn points on everyday spending.

In terms of the returns on everyday spending, the TD^® Aeroplan^® Visa Platinum^* Card offers cardholders the following:

• 1 Aeroplan point^† per dollar spent on eligible Air Canada^®, Air Canada Vacations^®, gas, electric vehicle charging, and grocery purchases^†
• 1 Aeroplan point^† for every $1.5 spent on all other eligible purchases^†

As an entry-level Aeroplan co-branded offering, the TD^® Aeroplan^® Visa Platinum^* Card offers a limited set of Air Canada^® travel benefits, including:

• Preferred pricing when redeeming Aeroplan points for Air Canada^® flights^†
• Your Aeroplan points won’t expire for as long as you’re a cardholder^†

Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores.

As a basic card, the TD^® Aeroplan^® Visa Platinum^* Card's insurance proposition is also relatively weak. Some of the provisions that it does cover include:

• Delayed and lost baggage insurance: $1000 overall coverage per insured person towards the purchase of essentials such as clothes and toiletries if your baggage is delayed more than 6 hours or lost.^†
• Flight/trip delay insurance: Up to $500 in coverage if your flight/trip is delayed more than 4 hours.^†
• Auto rental collision/loss damage insurance: Coverage for up to 48 consecutive days for cars with an MSRP of up to $65,000, which can help you save on the insurance fees that the car rental company would otherwise charge.^†

However, the card does not offer emergency medical insurance or trip cancellation & trip interruption insurance, which are two very significant benefits that you'll find on many of the higher-end products out there.

Additionally, the card also offers Purchase Security and Extended Warranty Protection, covering most eligible items you’ve purchased with your card should they be stolen or damaged within 90 days of purchase, as well as a doubled warranty period compared to the manufacturer's warranty.