As TD’s entry-level Aeroplan co-branded credit card, the TD Aeroplan Visa Platinum currently offers 20,000 Aeroplan points as a signup bonus:
The annual fee of $89 is also waived for the first year.
That’s on the higher end of historical offers we’ve seen on this card, so now is a great time to apply. This offer ends on May 30, 2021.
As a lower-end Visa Platinum product, this card’s annual fee is relatively affordable at $89. There’s a First Year Free promotion right now; otherwise, holding TD’s All-Inclusive Banking Plan can also waive the annual fee on this card.
If you do choose to sign up for the card, take note that the annual fee for the first supplementary cardholder is also waived for the first year. This fee would normally be $39 otherwise.
In terms of the returns on everyday spending, the TD Aeroplan Visa Platinum offers cardholders:
As you can probably tell, the earning rates aren’t very competitive at all, which is to be expected for an entry-level card like this. The fact that the earning rate on general purchases is lower than 1 point per dollar spent tells you everything you need to know.
The TD Aeroplan Visa Platinum is best-suited for those who are interested in collecting Aeroplan points while building up a relatively new credit file or restricting themselves to lower annual fees and credit limits.
I wouldn’t recommend putting your daily spending on this card, compared to the numerous stronger cards out there if you’re eligible for them (such as the TD Aeroplan Visa Infinite, to name just one).
As an entry-level Aeroplan co-branded offering, the TD Aeroplan Visa Platinum offers a limited set of Aeroplan-related benefits, including:
As a basic card, the TD Aeroplan Visa Platinum’s insurance proposition is also relatively weak. Some of the provisions that it does cover include:
It’s important to note that these benefits would also apply on Aeroplan reward tickets, as long as you charge the taxes and fees of your booking to your TD Aeroplan Visa Platinum.
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.