TD® Aeroplan® Visa Infinite Privilege* Card
If you’re looking for every possible travel perk, reward and consumer protection a TD card has to offer, look no further than this one.
Rewards:Earn 2 Aeroplan Points for every dollar spent on Air Canada purchases, including Air Canada Vacations. Cardholders also earn 1.5 points for every dollar spent on gas, groceries, travel and dining purchases, as well as 1.25 points on every dollar for other purchases made with your card.
Welcome Offer: Earn up to $2,700 in value† including up to 75,000 Aeroplan points (enough for a round trip to Honolulu†) and additional travel benefits. Earn a welcome bonus of 20,000 Aeroplan points when you make your first purchase with your new card†. Earn an additional 25,000 Aeroplan points when you spend $12,000 within 180 days of Account opening†. Plus, earn a one-time anniversary bonus of 30,000 Aeroplan points when you spend $24,000 within 12 months of Account opening†.
Terms and conditions apply. Not available for residents of Quebec. Account must be approved by September 3, 2024.
Annual Fee:$599
Other Benefits and Drawbacks:Cardholders need a minimum annual income of $150,000 individually, or $200,000 all together, so this card is beyond the means of most Canadians.
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TD® Aeroplan® Visa* Business Card
With a high earn rate, generous welcome bonus and valuable travel benefits, the TD Aeroplan Visa Business Card is a great option for small business owners looking to maximize rewards on their everyday business expenses and save on travel costs.
Rewards: Earn 2 points for every dollar spent on eligible purchases made directly with Air Canada® including Air Canada Vacations®, earn 1.5 points for every dollar you spend on eligible purchases for travel, dining and select business categories such as shipping, internet, cable and phone services made on your card and earn 1 point for every dollar you spend on all other eligible purchases on your card.
Welcome Offer: Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card, an additional 20,000 Aeroplan points after spending $5,000 in the first three months of account opening and earn up to 10,000 Aeroplan points by setting up new recurring bill payments (maximum two). † Terms and conditions apply. Not available for residents of Quebec.
Annual Fee: $149
Other Benefits and Drawbacks: Cardholders receive the first checked bag for free on Air Canada flights and a rebate for the NEXUS membership application fee every 48 months. Small business owners can use the TD Card Management Tool to manage their credit limit, set spending controls and access online reporting.
Though it has a slightly higher annual fee, its lower APR of 14.99% is handy for the volatility of business expenses.
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CIBC Aeroplan Visa Business Plus Card
Ideal for small business owners who want to earn Aeroplan points on expenses and enjoy travel rewards and comprehensive insurance coverage.
Rewards: Earn 2 Aeroplan Points on eligible Air Canada purchases (including Air Canada Vacations). Get 1.5 points for every $1 spent on travel (including airlines, hotels, car, rental, etc.), transportation, dining and services (such as shipping, internet and cell phone). With all other purchases, earn 1 Aeroplan Point for every $1 spent.
Welcome Offer: 10,000 Aeroplan Points when you make your first purchase, 20,000 points when you spend $3,000 in the first 120 days. Stick around for a year, and you’ll earn an additional 30,000 Aeroplan points (if you spend $35,000 in the first year). That’s 60,000 points in total.
Annual Fee: $120 (fee waived in the first year)
Other Benefits and Drawbacks: This card has an (eventual) nice welcome bonus and a decent earn rate across many categories. Travellers get preferred pricing when redeeming Aeroplan Points for Air Canada flights and a free first checked bag.
The card’s insurance is just OK with trip delay, interruption, cancellation insurance, flight delay and accident insurance, but lacks medical insurance, thus falling short of its TD comparable. There’s also no NEXUS credit.
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CIBC Aeroplan Visa Infinite Privilege Card
This card boasts lounge access, a free checked bag on Air Canada flights, a NEXUS application fee rebate and more.
Rewards: Earn 1.5 Aeroplan Points per dollar spent on gas, groceries, travel and dining (up to an annual spend of $100,000). Earn 1.25 Aeroplan Points per dollar on all other purchases. Earn double Aeroplan points on Air Canada products or services, including Air Canada Travel Vacations.
Welcome Offer: 110,000 Aeroplan points (earn 20,000 points after your first purchase, earn 30,000 points when you spend $6,000 or more during your first four monthly statements and an extra 60,000 points on your first-year anniversary).
Annual Fee: $599
Other Benefits and Drawbacks: This card earns points at a solid rate and has a ton of airport perks, but it’s high annual fee means it’s likely only beneficial to high-spenders who travel very often.
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American Express® Aeroplan®* Card
For Amex lovers, this card consistently offers excellent signup bonuses for Aeroplan Point collectors.
Rewards: Earn 2 Aeroplan Points for every dollar you spend on Air Canada and Air Canada Vacations, 1.5 points on dining and food delivery, and 1 point per dollar on everything else.
Welcome Offer: Collect up to 50,000 Aeroplan points. Earn 30,000 Aeroplan points after spending $3,000 in purchases in the first 3 months. Plus, earn 20,000 Aeroplan points after spending $1,000 in purchases in month 13.
Other Benefits and Drawbacks: If the welcome bonus isn’t enough, you can refer others to get Aeroplan Reserve Cards and earn an additional 5,000 Aeroplan Points. This card’s earning rate surpasses TD and CIBC’s Aeroplan Visa Infinite cards for Air Canada, food and dining purchases, so if you spend in these categories, it’s a great option. You also get access to presale tickets for in-demand concerts (but only 1 Aeroplan Point for every $1 spent on the show).
While the card gives you baggage, flight/trip delay insurance and rental car insurance, it does not offer emergency medical or insurance for a trip interruption or cancellation. Finally, the interest rate is high at 30% because it’s a charge card.
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CIBC Aeroplan® Visa Infinite* Card
A sizeable signup bonus, 1.5 Aeroplan Points on everyday purchases and insurance coverage on flights, auto rentals and travel medical insurance make this card a top contender in the best Aeroplan cards in Canada.
Rewards: Earn 1.5 points per dollar spent on eligible gas and groceries as well as Air Canada and Air Canada Vacations. For all other purchases, you earn 1 point for every dollar you spend.
Welcome Offer: You can earn up to 50,000 Aeroplan points (10,000 points with the first purchase, 15,000 after four months of spending $4,000 or more, and 25,000 as an anniversary bonus). Terms apply. This offer is not available to residents of Quebec.
Annual Fee: $139 (rebated the first year)
Other Benefits and Drawbacks: Visa Infinite cards allow you to enjoy hotel benefits, dining experiences, and 24-hour concierge services. As a cardholder, you can often book flight rewards with fewer points. A little extra bonus: Free first checked bag.
The insurance is everything you’d expect from a premium travel card: Emergency medical, flight/trip delay, baggage delay, car rental, common carrier accident, and trip cancellation/interruption. This coverage extends its benefits to tickets redeemed with Aeroplan points.
Sadly, you don’t get a NEXUS fee waiver or Priority Pass benefits. If you’re not in love with CIBC, consider the TD Aeroplan card, which may have a slight edge (just not alphabetically).
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TD® Aeroplan® Visa Infinite* Card
Easily the highest earning rewards point program in the TD roster, this card is ideal for high spenders who also like spending time in the sun.
Rewards: Earn 1.5 Aeroplan Points for every dollar spent on gas, groceries and Air Canada-related purchases. Earn 1 point for every dollar spent on all other purchases.
Welcome Offer: Earn up to $1,000 in value†, including up to 40,000 Aeroplan points† and additional travel benefits. The welcome bonus amounts to 10,000 Aeroplan points when you make your first purchase with your new card. Plus, earn 15,000 Aeroplan points when you spend $7,500 within 180 days of account opening as well as a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of account opening.
Terms and conditions apply. This offer is not available to residents of Quebec. Must be approved by September 3, 2024.
Annual Fee: $139
Other Benefits and Drawbacks:Cardholders who love travelling might find this card’s insurance coverage isn’t quite as high as TD’s more exclusive offerings.
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TD® Aeroplan® Visa Platinum* Card
This is the card for travel lovers willing to forgo the luxurious benefits (and high costs) of premium cards for Aeroplan Points and perks, especially when shopping with Aeroplan partners.
Rewards: You get 1 Aeroplan Point for every dollar you spend on eligible grocery, gas and direct through Air Canada (including Air Canada Vacations®). For all other purchases, you need to spend $1.50 to earn an Aeroplan Point.
Welcome Offer: You’ll get up to $500 in value† including up to 20,000 Aeroplan points†. Earn 10,000 Aeroplan points when you make your first purchase with your new card and an additional 10,000 Aeroplan points when you spend $1,000 within 90 days of account opening. †Terms and conditions Apply. Account must be approved by September 3, 2024. This offer is not available to residents of Quebec.
Annual Fee: $89 (fee rebated in the first year; account must be approved by September 3, 2024) Rebate of the annual fee is for the first year for the primary cardholder and up to three additional cardholders ($124 value). To receive the first-year annual fee rebate for the primary cardholder, you must make your first purchase on the account within three months of opening. To receive the additional cardholder first-year annual fee rebate (435) you must add your additional cardholders to your account by September 4, 2024.
Other Benefits and Drawbacks: It’s an affordable way to access Aeroplan and its benefits, such as baggage, flight/trip delay and rental car insurance. Travel accident coverage is included, while optional emergency medical and trip cancellation insurance are available for a fee.
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CIBC Aeroplan Visa Card for Students
Just because you’re a student doesn’t mean you have to miss out on Aeroplan rewards, insurance or a signup bonus.
Rewards: You get 1 Aeroplan Point for every $1 spent on gas, groceries and directly with Air Canada and Air Canada Vacations. For all other purchases, you’ll earn 1 point for every $1.50.
Welcome Offer: Get 10,000 Aeroplan Points after making your first purchase with the card. That’s enough for a one-way economy ticket on a short-haul flight.
Annual Fee: $0
Other Benefits and Drawbacks: With no annual fee, low credit score requirements and no minimum income requirement, this is an excellent way for students to start building their credit while gathering Aeroplan Points. This no-frills card still gives you extended warranty, purchase protection and $100,000 in travel accident insurance. Rental car insurance is essential for students who may have to pay for insurance independently. As one of Canada’s most popular travel points programs, it’s a great introduction to travel hacking. And when you (eventually) graduate from university, you’ll need to upgrade to a more premium card.
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American Express® Aeroplan®* Business Reserve Card
The American Express® Aeroplan®* Business Reserve Card offers a generous welcome bonus, airport perks and travel insurance, making it a solid choice for business owners who travel frequently.
Rewards: Earn 3 Aeroplan points for every dollar spent with Air Canada or Air Canada Vacations, 2 points for every dollar spent on eligible hotel and car rentals and 1.25 points for every dollar spent everywhere else.
Welcome Offer: Receive 65,000 Aeroplan points after spending $10,500 in purchases on your Card within the first 3 months, Plus earn an additional 25,000 Aeroplan points when you spend $3,500 in purchases in month 13 (90,000 total points).
Annual Fee: $599
Other Benefits and Drawbacks: Aside from a solid welcome offer and decent earn rate, this card offers undeniable perks for business travellers. Not only do you gain access to comprehensive travel insurance, including everything from emergency medical to lost baggage, it includes plenty of airport perks to make your trip more comfortable. You’ll get access to Maple Leaf Lounges, a Priority Pass membership and also priority check-in, baggage handling and more. For people who spend a lot of time in airports, these are valuable features that could make this card well-worth its biggest downside—the steep annual fee of $599. However, this card also has steep fees for supplementary cards, but it does offer the option to get the no-fee version. Finally, it offers some unique features for businesses like employee misuse coverage and expense management tools. Overall, it’s a good card if you spend a lot and travel frequently.
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