The TD Aeroplan Visa Infinite Privilege Card is one of the best co-branded cards for Air Canada’s Aeroplan program. It offers a very lucrative welcome bonus and a high base earning rate, but its strongest feature is the top-tier travel treatment you’ll get as an Aeroplan cardholder.

Bonuses & Fees

As TD’s top-tier Aeroplan co-branded credit card, the TD Aeroplan Visa Infinite Privilege currently offers a total of 50,000 Aeroplan points and an Air Canada Buddy Pass:

• 20,000 Aeroplan points upon making your first purchase on the card
• 30,000 Aeroplan points and the Air Canada Buddy Pass upon spending $1,000 (non-Quebec) or keeping your account open and in good standing (Quebec) in the first three months

50,000 Aeroplan points is one of the highest offers we’ve ever seen on this card, making it a great time to apply for the card now.

In addition, some travellers might highly value the Air Canada Buddy Pass. The Air Canada Buddy Pass is essentially a buy-one-get-one voucher for paid Air Canada economy class flights within North America. If you’ve planned some upcoming travel as a couple or a family, then that sweetens the deal on this card even further.

Otherwise, you now also have the option to convert your Buddy Pass into an additional 30,000 Aeroplan points. If you fly solo or prefer business class or overseas travel, that would be a better choice, bringing your total haul to a whopping 80,000 Aeroplan points. That’s an awesome offer, surpassing the card’s historic high and among the best currently available on any credit card.

As a Visa Infinite Privilege product, this card also commands a relatively high annual fee of $599. Although TD runs a promotion with its All-Inclusive Banking Plan that reduces the annual fee of select credit cards by $120, the TD Aeroplan Visa Infinite Privilege is excluded from the list of eligible cards.

The cost to add a supplementary cardholder on this product is $199 per year.

Earning Rewards

In terms of the returns on everyday spending, the TD Aeroplan Visa Infinite Privilege offers cardholders:

• 2 Aeroplan points per dollar spent on Air Canada and Air Canada Vacations
• 1.5 Aeroplan points per dollar spent on groceries, gas, dining, food delivery, and travel
• 1.25 Aeroplan points per dollar spent on everything else

For a premium credit card, the earning rates are quite ordinary. After all, the mid-range TD Aeroplan Visa Infinite already offers 1.5x Aeroplan points on the same categories – it’s only the 1.25x earning rate on general purchases that’s higher on the TD Aeroplan Visa Infinite Privilege.

I wouldn’t go out of my way to get this card for a $599 annual fee solely for its earning rates, but if you do have the card, then the 1.25x return on all purchases is pretty competitive in the “everything else” category.

Perks & Benefits

As Air Canada’s premium travel credit card, the TD Aeroplan Visa Infinite Privilege leans in heavily on the Air Canada travel benefits:

• Priority boarding, priority check-in, and a free first checked bag on all Air Canada flights, for the primary and supplementary cardholders
• Complimentary visits to Air Canada Maple Leaf Lounges within North America, 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 $5,000 you spend on the card
• The ability to rollover up to 50,000 SQMs and 50 eUpgrades per year
• The ability to earn an Annual Worldwide Companion Pass after spending $25,000 on the card per year
• Your Aeroplan points won’t expire for as long as you’re a cardholder

In addition to the Air Canada benefits, the card also offers a strong set of benefits through its Visa Infinite Privilege designation:

• A complimentary Priority Pass membership with six annual complimentary visits per year, for the primary and supplementary cardholders
• Priority benefits (valet parking, fast track security, etc.) at select airports in Canada: Vancouver, Montreal, Ottawa, and Toronto Billy Bishop

Finally, the TD Aeroplan Visa Infinite Privilege also offers a $100 NEXUS credit, which is always useful for getting a NEXUS card to make your journey across the US border much smoother.

(It’s worth noting that this card’s earning rate and benefits packages are virtually identical to its CIBC-issued counterpart, the CIBC Aerogold Visa Infinite Privilege.)

Insurance Coverage

As a high-end product, the TD Aeroplan Visa Infinite Privilege excels in the insurance department. Some examples of its strong coverage include:

• Emergency medical insurance: Up to $5 million of coverage for the first 31 days of your out-of-province trip (4 days if you or your spouse is aged 65 or older).
• Delayed and lost baggage insurance: For delayed baggage, up to $1,000 of coverage per insured person if delayed more than 4 hours. For lost baggage, up to $2,500 of coverage per insured person.
• Flight delay insurance: Up to $1,000 in coverage if your flight/trip is delayed more than 4 hours
• Trip cancellation / trip interruption insurance: For Trip Cancellation, up to $2,500 of coverage per insured person, with a maximum of $5,000 for all insured persons, and for Trip Interruption, up to $5,000 of coverage per insured person, with a maximum of $25,000 for all insured persons on the same covered trip.
• Auto rental collision/loss damage insurance: Comprehensive coverage for up to 48 consecutive days for cars with an MSRP of up to $85,000, which can help you save on the insurance fees that the car rental company would otherwise charge.

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 Infinite Privilege.

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 120 days of purchase, as well as two additional years on top of the manufacturer’s warranty.