Redeem on 25+ Star Alliance airlines
The TD Aeroplan Visa Business Card has historically offered some very high signup bonuses, but as of right now the offer is rather average.
You’ll earn 20,000 Aeroplan miles upon first purchase, and the annual fee of $149 is not waived. That isn’t really a competitive offer to justify signing up in my books, and I’d recommend that you wait for better offers to return in the future if you aren’t in a hurry to apply.
Looking at the Aeroplan Reward Chart, 20,000 Aeroplan miles gives you lots of travel possibilities. Here are a few redemptions that come to mind:
A short-haul round-trip flight on Air Canada in economy class for 15,000 miles
A short-haul one-way flight on Air Canada in business class for 15,000 miles
Earn just 5,000 more miles for a long-haul round-trip flight within North America in economy class for 25,000 miles
Earn just 5,000 more miles for a long-haul one-way flight within North America in business class for 25,000 miles
Earn just 10,000 more miles for a one-way flight to Europe or South America in economy class for 30,000 miles
You can also use the 20,000 Aeroplan miles towards a larger redemption, such as an Aeroplan Mini-RTW starting at 75,000 miles in economy class or 150,000 miles in business class.
Supplementary cards can be added to your account, and the first two supplementary cards can benefit from the first-year annual fee waiver as well. After the first year, they’ll be subject to a fee of $49 per card.
The TD Aeroplan Visa Infinite offers you 1.5 Aeroplan miles per dollar spent on travel and gas purchases. Meanwhile, you’ll earn 1 Aeroplan mile per dollar spent on all other purchases.
Similar to the TD Aeroplan Visa Infinite, the earning rates on this card aren’t much to write home about. The 1.5x bonus category for travel and gas purchases is outstripped by the American Express Gold Rewards Card, which offers 2 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 Visa Business Card is pretty inferior and you’d be better off using the Gold Rewards Card instead.
Also similarly to the personal TD Aeroplan card, you get a few perks when travelling on Air Canada on an Aeroplan reward ticket only, which do not apply when you book a revenue ticket with Air Canada.
The benefits include a complimentary first checked bag, priority check-in, priority boarding, and a complimentary visit to an Air Canada Maple Leaf Lounge once per calendar year.
Since these are only usable on Air Canada flights redeemed with Aeroplan, you’ll probably only find them useful when redeeming miles for travel within North America (as redeeming miles for long-haul Air Canada flights is usually terrible value thanks to the hefty fuel surcharges you incur).
Insurance-wise, the TD Aeroplan Visa Business Card is relatively strong, and is mostly on par with the personal TD Aeroplan card with a few exceptions:
Emergency medical insurance of up to $2,000,000 on the first 15 days of a trip (4 days for cardholders aged 65 and up); this is a higher coverage amount but lower coverage duration compared to the personal card
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
Notably, the TD Business Aeroplan doesn’t offer insurance for trip cancellation and interruption, which is provided as a benefit on the personal version of the card.
As with the personal card, the insurance ought to apply to Aeroplan award tickets when you charge the full taxes and fees of the redemption ticket on your TD Aeroplan Visa Business Card, which is a very valuable benefit since not many credit cards out there provide insurance on award travel.
TD seems to require a little more documentation for their business credit card applications than other banks, so you can’t apply for this card online, but rather must apply over the phone or go in-branch to meet with a small business representative.
However, if you don’t have a small business in the traditional sense and are interested in applying for the card as a sole proprietor, then you may need to try your luck over the phone a few times to see if there’s a representative who will open the account for you.
You can find more information about this card at the below link, although you’ll have to call TD or visit a branch to apply.