TD Aeroplan Visa Infinite Card 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
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With TD Aeroplan Visa Infinite Card Privilege Card, here’s how you earn rewards:
| Gas | 1.5 points |
| Groceries | 1.5 points |
| Restaurants / Delivery | 1.5 points |
| Specific Stores | 2 points |
| Travel | 1.5 points |
| All Other Spend | 1.25 points |
How much your rewards are worth
The dollar value of your rewards depends on the specific TD rewards program and what you choose to redeem your points for.
For TD Aeroplan Visa Infinite Card Privilege Card in particular, if you spend $2,000.00 per month, here’s our estimated rewards earned depending on which reward you choose:
| Redemption method | Annual rewards |
|---|---|
| Transfer to partner hotels | $273.06 |
| Gift cards | $236.43 |
| Merchandise | $246.42 |
| Car rentals | $299.70 |
| Flight rewards | $666.00 |
| Air Canada gift cards | $333.00 |
| Air Canada vactions | $276.39 |
Calculating your annual rewards
$24,000.00 annual spending x $2.78% return on spending = $666.00 annual rewards
$666.00 annual rewards – $599.00 annual fee = $$67.00 net annual rewards
Details and eligibility
| Do I qualify? | |
|---|---|
| Estimated Credit Score | 760 – 900 |
| Personal Income | $150,000.00 |
| Household Income | $200,000.00 |
| Interest Rates | |
|---|---|
| Purchase | 20.9% |
| Cash Advance | 22.9% |
| Balance Transfer | 22.9% |
| Fees | |
|---|---|
| Annual Fee | $599.00 |
| Extra Card Fee | $0 |
| Card type | Visa |
Insurance coverage
| Extended Warranty | 2 years |
| Purchase Protection | 120 days |
| Travel Accident | 500000 |
| Emergency Medical Term | 31 days |
| Emergency Medical over 65 | 4 days |
| Trip Cancellation | 2500 |
| Trip Interruption | 5000 |
| Flight Delay | 1000 |
| Baggage Delay | 1000 |
| Lost or Stolen Baggage | 2500 |
| Rental Car Theft & Damage | Yes |
| Hotel Burglary | 2500 |
TD Aeroplan Visa Infinite Card Privilege Card Review
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.
1. 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
2. Benefit 1: 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.
3. Benefit 2: 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.
4. Benefit 3: 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.
5. Benefit 4: 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.
6. Drawback 1: 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.
7. Drawback 2: 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.
8. 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
