TD Aeroplan Visa Infinite Privilege Card Review
Pros
- Earns Aeroplan points on every purchase
- Welcome bonus offer for new cardholders
- Comprehensive travel insurance coverage
- Complimentary Priority Pass membership
- Global airport lounge access
- Air Canada travel benefits
Cons
- Higher annual fee compared to other Aeroplan cards
- Minimum income requirement for eligibility
- Not ideal for those who don’t regularly travel with Air Canada
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Performance test results
At DollarWise, for each credit card we test 7 different factors including the rewards, value for money, perks, insurance, strengths and weaknesses of the card.
You can see our full testing methodology here to learn why we’re the most trusted source for credit card reviews.
The TD Aeroplan Visa Infinite Privilege Card has earned a 4.70 DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).
4.7
Rewards
0.3
Fees
4.7
Perks
2.5
Interest rates
3.5
Insurance
5.0
Acceptance
2.5
Approval
The highest scoring categories for the TD Aeroplan Visa Infinite Privilege Card are rewards and perks.
These factors are weighted 70% to the highest scoring factor and 30% to the second highest score to get an overall review score.
This weighting allows us to judge cards on their merits and the customers they are designed for.
For the TD Aeroplan Visa Infinite Privilege Card the most important factors for scoring this card are its rewards and perks.
Rewards
With the TD Aeroplan Visa Infinite Privilege Card, here’s the rates at which you earn rewards for different spending categories per dollar you spend:
| Bills | 1.25 points |
| Pharmacy | 1.25 points |
| Gas | 1.5 points |
| Groceries | 1.5 points |
| Restaurants | 1.5 points |
| Specific Stores | 2 points |
| Travel | 1.5 points |
| All Other Spend | 1.25 points |
Calculating your annual rewards
We estimate that spending $2,000 per month with the TD Aeroplan Visa Infinite Privilege Card would earn $678 in rewards over the year.
Our performance testing research uses an accurate estimation of the average Canadian households spending patterns to predict the rewards a card will earn.
We found that you’d earn this per category:
| Gas | $72 |
| Groceries | $180 |
| Restaurants | $72 |
| Specific Stores | $48 |
| Travel | $36 |
| All Other Spend | $270 |
Our study investigating the value found that each dollar spent on the TD Aeroplan Visa Infinite Privilege Card is worth up to $0.02, depending on how you redeem.
This $678 in rewards value puts the TD Aeroplan Visa Infinite Privilege Card in the top 10% of credit cards in Canada based on rewards earned.
The average credit card in our database earns $337 in rewards for the same spend that the TD Aeroplan Visa Infinite Privilege Card earns $678 in rewards value.
We can compare this card to other options by looking at the earn rate by category.
This earn rate is the percentage return that you would get when you spend on this card, assuming you redeem at the predicted maximum value.
For example, if a card earned 5 points per dollar on gas and each point is worth up to $0.02, then the earn rate is 5 points multiplied by $0.02 each, divided by the dollar you spent.
In this example, that’s a 10% earn rate on gas.
| Spend | This Card | Average |
|---|---|---|
| Bills | 2.50% | 1.25% |
| Pharmacy | 2.50% | 1.17% |
| Gas | 3.00% | 1.48% |
| Groceries | 3.00% | 1.71% |
| Restaurant | 3.00% | 1.53% |
| Store | 4.00% | 1.94% |
| Travel | 3.00% | 1.19% |
| Other | 2.50% | 1.08% |
| Redemption method | Annual rewards |
|---|---|
| Transfer to partner hotels | $278 |
| Gift cards | $241 |
| Merchandise | $251 |
| Car rentals | $305 |
| Flight rewards | $678 |
| Air Canada gift cards | $339 |
| Air Canada vactions | $281 |
For an annual spend of $24,000, we estimated annual rewards value at up to $678.
That’s equivalent to a 2.83% return on spending.
The TD Aeroplan Visa Infinite Privilege Card has an annual fee of $599. After deducting this, we predicted net annual rewards of $79.
This puts it in the bottom 30% of credit cards for net rewards after fees.
In comparison, the average card earns net annual rewards of $254.
Fees
The TD Aeroplan Visa Infinite Privilege Card has a $599 annual fee.
The average card charges $85. So, the TD Aeroplan Visa Infinite Privilege Card is in the top 10% of cards based on the cost of the annual fee.
Perks
We manually review the perks of each credit card to determine how they compare to other cards.
The TD Aeroplan Visa Infinite Privilege Card scored a 4.7 out of 5 for perks, putting it in the top 10% of cards.
The average card scores 1.6 out of 5 for perks.
Interest Rates
| Purchase | 20.99% |
| Cash Advance | 22.99% |
| Balance Transfer | 22.99% |
The average (median) credit card has a purchase interest rate of 19.99% and so the TD Aeroplan Visa Infinite Privilege Card charges 1% more than the average.
For cash advances it costs 22.99% compared to the average of 19.96%.
Testing the TD Aeroplan Visa Infinite Privilege Card with a $2,000 starting balance, you can see in the graph how the 1% more in interest rates impacts the interest over a year, compared to the average card.
Insurance coverage
| Insurance | This Card | Average |
|---|---|---|
| Extended Warranty | 2 years | 1 year |
| Purchase Protection | 120 days | 90 days |
| Travel Accident | $500,000 | $500,000 |
| Emergency Medical Term | 31 days | 15 days |
| Emergency Medical over 65 | 4 days | 4 days |
| Trip Cancellation | $2,500 | $1,500 |
| Trip Interruption | $5,000 | $2,000 |
| Flight Delay | $1,000 | $500 |
| Baggage Delay | $1,000 | $500 |
| Lost or Stolen Baggage | $2,500 | $1,000 |
| Rental Car Theft & Damage | Yes | No |
| Hotel Burglary | $2,500 | $1,000 |
We scored it 3.5 out of 5 for insurance.
It offers 12 types of insurance, whereas the average card has 5 types of coverage.
Approval and qualifying
| Do I qualify? | |
|---|---|
| Estimated Credit Score | 760 – 900 |
| Personal Income | $150,000 |
| Household Income | $200,000 |
| Fees | |
|---|---|
| Annual Fee | $599 |
| Extra Card Fee | $0 |
| Card type | Visa |
We scored it 2.5 out of 5 for approval.
We predict that you will require a credit score of at least 760 to qualify for the TD Aeroplan Visa Infinite Privilege Card, while the average card requires 652 to qualify.
This puts it in the top top 10% of cards by approval difficulty.
The personal income requirements are $150,000, while the average card requires $23,896.
This puts it in the top 10% of cards by the income required to qualify.
When it comes to the TD Aeroplan Visa Infinite Privilege Card, it is important for potential cardholders to understand its earning potential, benefits, and potential drawbacks. With this review, we aim to paint a comprehensive picture of this credit card offering.
Earning Potential with the Card
With the TD Aeroplan Visa Infinite Privilege Card, cardholders earn Aeroplan points for their spending. Rewards can be earned at the following rates:
- 1.5 Aeroplan points for each dollar spent on eligible gas, grocery, travel, and dining purchases
- 1.25 Aeroplan points for each dollar spent on all other eligible purchases
Benefits
- Extensive Travel Insurance Coverage: The TD Aeroplan Visa Infinite Privilege Card offers a comprehensive suite of travel insurance benefits as a significant advantage. Coverage includes emergency medical insurance, trip cancellation and interruption insurance, flight delay insurance, lost and delayed baggage insurance, and more.
This can provide peace of mind to travellers and has the potential to save cardholders money on buying individual insurance policies. - Priority Airport Services: As a cardholder of the TD Aeroplan Visa Infinite Privilege Card, you will have access to priority airport services such as Air Canada Priority Check-In, Priority Boarding, and access to Maple Leaf Lounges when travelling on flight rewards.
This brings a touch of luxury and convenience to your air travel experience. - Annual Partner Ticket Benefit: One valuable perk that comes with this card is the Annual Worldwide Companion Pass. With this benefit, cardholders can purchase a round-trip companion ticket for as low as $99 (plus taxes, fees, and surcharges) when they book a round-trip flight with Air Canada for themselves.
This could represent significant savings for couples or families travelling together. - Aeroplan Elite Status Qualification Boost: The TD Aeroplan Visa Infinite Privilege Card offers cardholders the opportunity to earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $10,000 in eligible net purchases charged to their account.
This can help to fast-track their path towards a higher Air Canada Aeroplan Elite Status, yielding even more travel benefits.
Drawbacks
- Annual Fee: A significant drawback of this card is its $599 annual fee. This cost is relatively high compared to many other rewards-focused credit cards on the market. This fee may be more of a consideration for those who don’t travel extensively or are uncertain about the value of the card’s benefits for their needs.
- Minimum Annual Income Requirement: Another significant drawback of this card is the relatively high minimum annual income requirement for approval.
Applicants must have an annual personal income of at least $200,000 or an annual household income of at least $300,000. This requirement may exclude some potential cardholders from applying or being approved for the card.
Additional Information
Cardholders can also receive a welcome bonus of up to 50,000 Aeroplan points (subject to meeting specific spending requirements) and receive an annual Air Canada Travel Benefits Bundle, which includes four complimentary one-time use Maple Leaf Lounge passes, four complimentary checked bags, and more.
In conclusion, the TD Aeroplan Visa Infinite Privilege Card offers significant travel benefits and earning potential for those who can meet the income requirements and don’t mind the hefty annual fee.
With priority airport services, travel insurance, and the opportunity to earn Aeroplan points, this card could be a valuable tool for those who frequently travel with Air Canada or their partners.
Interested in other credit cards? If the TD Aeroplan Visa Infinite Card Privilege Card credit card isn’t perfect for you, you might want to consider the TD Cash Back Visa Card. Plus, many Canadian’s that like the TD Aeroplan Visa Infinite Card Privilege Card like the MBNA Smart Cash Platinum Plus MasterCard, and the MBNA True Line MasterCard.
FAQ
Key benefits
- 19.99% purchase interest rate
- 22.99% cash advance rate
- Annual fee: $599
- Income requirement: $200,000 (individual or household)
- Earn 1.5 Aeroplan points per $1 spent on gas, groceries, drugstore purchases, and aircanada.com bookings
- Earn 1.25 Aeroplan points per $1 on all other purchases
- Welcome bonus: Up to 50,000 Aeroplan points and Aeroplan Elite Status (terms and conditions apply)
- NEXUS fee reimbursement
- Priority check-in, boarding, and baggage handling with Air Canada
- Companion ticket discounts
- Dedicated reservation hotline
- Enhanced visa Infinite benefits (concierge, dining, and travel perks)
- Travel insurance: Trip cancellation, trip interruption, emergency medical & dental, flight delay, lost/damaged luggage, and car rental collision/loss damage coverage
- Purchase security and extended warranty protection
