TD Aeroplan Visa Infinite Credit Card Review 2022

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by Enoch Omololu

Updated

Advertiser Disclosure

The TD Aeroplan Visa Infinite card is on my list of the best credit cards for travel rewards in Canada.

The card offers a juicy signup Aeroplan Miles bonus, comprehensive travel insurance, Air Canada-specific perks, and is a gateway to enjoying Canada’s most popular frequent flyer program.

This TD Aeroplan Visa Infinite review shows its benefits, downsides, how to waive your annual fee, and how the card compares to its closest competitors.

TD Aeroplan Visa Infinite

TD Aeroplan Visa Infinite Card Benefits

Before I list all the main benefits of this card, here are some of its key details:

  • Annual fee: $139 ($75 for additional cards)
  • Purchase APR: 19.99%
  • Cash Advance APR: 22.99%
  • Income eligibility: $60,000 for personal income or $100,000 for household income

Benefits of the TD Aeroplan Visa Infinite Card include:

1. Earn Aeroplan Miles: Get 1.5 miles for every $1 spent on grocery, gas, and aircanada.com purchases. Get 1 mile for every $1 spent on all other purchases.

2. Comprehensive Travel Insurance package with:

  • Travel medical insurance up to $1 million for 21 consecutive days (below 65 years) and up to 4 days (over 65 years)
  • Trip cancellation/Trip interruption
  • Delayed and lost baggage
  • Flight/trip delay
  • Common carrier travel accident insurance up to $500,000
  • Auto rental collision/loss damage for up to 48 consecutive days

3. Purchase security and extended warranty

4. Enjoy Air Canada perks and get the following when using your Aeroplan flight reward: complimentary first checked bag

5. Enjoy Visa Infinite Exclusive benefits including a complimentary 24/7 concierge service, Luxury Hotel Privileges, and Food and Wine experiences.

6. Discounts on Avis Rent-A-Car and Budget Rent-A-Car rentals.

7. Earn twice the miles when you pay with your card and show your Aeroplan membership card at participating retailers and Aeroplan stores.

8. Up to $100 application fee rebate for NEXUS once every 48 months.

The TD Aeroplan Visa Infinite comes with a host of benefits that may make it worthwhile depending on your needs. To start, you earn welcome bonus points after spending at least $1,500 within 90 days of account opening.

The $139 fee is waived in year one which gives you an excellent opportunity to try out the card.

If you are a TD All-Inclusive Banking Plan customer, your annual fee is waived as long as your bank account remains in good standing. Note that the annual fee rebate only applies to the primary cardholder.

The TD Aeroplan Visa Infinite also comes with a travel insurance package that is worth noting. Even better, your insurance coverage also applies when your flight is ‘paid’ for using your rewards miles.

Downsides of TD Aeroplan Visa Infinite Card

One major disappointment of the TD Aeroplan Visa Infinite card is that you don’t get free access passes to VIP airport lounges. The Scotiabank Passport Visa Infinite card (also a travel card) provides 6-free VIP airport lounge passes per year.

Also, you will need an annual personal income of at least $60,000. If you do not meet this minimum income requirement, you can opt for the TD Aeroplan Visa Platinum card to earn Aeroplan miles. This card has no minimum income requirement.

How The Aeroplan Miles Rewards Program Works

 Aeroplan members can use their Aeroplan miles to book Air Canada flights, hotels, cars, activities, events, purchase merchandise, vacation packages, and gift cards. You can also transfer or donate your miles.

When redeeming your miles for flights, you can choose between the fixed mileage or market fare flight rewards.

Fixed mileage tickets require a fixed number of miles for flights to specific destinations and there are limited seats available at any point in time.

Check out the fixed mileage chart.

Market fare flights vary based on the demand for flights, however, you can book any seat at any time on Air Canada flights. Market fare tickets are more flexible but will generally cost you more for the same destinations compared to the fixed mileage rewards program.

Combined, you can use your Aeroplan miles to purchase travel to over 1,300 destinations worldwide. The taxes, fees, and surcharges associated with your flight booking are additional and can also be paid using your Aeroplan miles.

TD Aeroplan Infinite Card Alternatives

If maximizing Aeroplan points and VIP travel perks are your goals, you should consider the American Express Platinum Card.

The American Express Platinum Card

Rewards: Earn 3 pts per $1 spent on dining & food delivery; 2pts per $1 spent on travel; 1pt/$1 everywhere else.

Welcome offer: Get up to 80,000 bonus points in the first year.

Interest rates: 20.99% on purchases and 21.99% on cash advances.

Annual fee: $699

You can also look at the American Express Cobalt Card for high cash back rates and travel rewards.

American Express Cobalt Card

Rewards: Earn 5x pts per $1 spent on food & drinks; 3x pts on streaming subscriptions; 2x pts on travel; 1x pts everywhere else.

Welcome offer: Get up to 30,000 bonus points in the first year.

Interest rates: 20.99% on purchases and 21.99% on cash advances.

Annual fee: $155.88

Is The TD Aeroplan Infinite Card For You?

This card ranks as one of the best Aeroplan credit cards in Canada.

If Aeroplan miles are a part of your travel hacking strategies, the TD Aeroplan Visa Infinite ticks the box.

If you currently bank with TD and have their all-inclusive banking plan, you can do away with the annual fee altogether which makes the card’s benefits all the more attractive.

For other top-tier travel reward credit cards that live up to their names, you can check out the American Express Cobalt Card, American Express Platinum Card, and CIBC Aeroplan Visa Infinite Card.

Looking for more options for travel credit cards, check out the best travel rewards credit cards.

TD Aeroplan Visa Infinite Card Review
4.5

Summary

The TD Aeroplan Visa Infinite card is on my list of the best credit cards for travel rewards in Canada. This review details the card’s benefits, downsides, how to waive your annual fee and how the card compares to its closest competitors.

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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

1 thought on “TD Aeroplan Visa Infinite Credit Card Review 2022”

  1. Beware of Aeroplan – they steal your points

    The Aeroplan point collecting organization is a company OUT to get your points. Unlike the other point collecting companies, Aeroplan has a sneaky way to steal your points from you. They have an EXPIRY!!! If you do not collect any points over a one-year period you will forfeit all the points you have ever collected. They stole over 120,000 points from me last year. If you are wondering how I missed their reminders, they conveniently only send one three months before (which will probably end up in your junk mail if you are a busy person). My mistrust with this company is deeper. I was in communication with one of their employees who offered to help me. I stayed at a hotel within the year but the hotel did not input my points correctly. I provided proof to Aeroplan (receipt of my stay) but they said it was the hotel’s fault because the new input date they sent me was outside the expiry date range; so Aeroplan wiped their hands clean and stole my all my points. If you collect you might be waiting for your young children to grow old enough to visit somewhere. Well Aeroplan stole a Disneyland trip from my family with three young girls. Yes, my family will not be going for a few more years thanks to Aeroplan’s pathetic customer service. Beware of Aeroplan, they obviously do not care about your family.

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