TD Aeroplan Visa Infinite Card Review
Pros
- Earn 1.5x Aeroplan points for gas, grocery, and drugstore purchases, and 1x point for all other purchases
- Comprehensive travel insurance benefits
- Complimentary first checked bag on Air Canada flights
- Access to Visa Infinite benefits, such as concierge service and exclusive offers
- Ability to transfer points to Aeroplan partner airlines
Cons
- $139 annual fee
- Limited value for non-Aeroplan frequent flyers
- No credits for annual airline or travel category expenses
- Not as widely accepted as Mastercard
- Higher income requirement (minimum $60,000 personal or $100,000 household)
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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 Card has earned a 4.24 DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).
4.1
Rewards
1.2
Fees
3.0
Perks
2.5
Interest rates
4.3
Insurance
5.0
Acceptance
2.5
Approval
The highest scoring categories for the TD Aeroplan Visa Infinite Card are insurance and rewards.
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 Card the most important factors for scoring this card are its insurance and rewards.
Rewards
With the TD Aeroplan Visa Infinite Card, here’s the rates at which you earn rewards for different spending categories per dollar you spend:
| Bills | 1 points |
| Pharmacy | 1 points |
| Gas | 1.50 points |
| Groceries | 1.50 points |
| Restaurants | 1 points |
| Specific Stores | 1 points |
| Travel | 1 points |
| All Other Spend | 1 points |
Calculating your annual rewards
We estimate that spending $2,000 per month with the TD Aeroplan Visa Infinite Card would earn $564 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 |
| All Other Spend | $312 |
Our study investigating the value found that each dollar spent on the TD Aeroplan Visa Infinite Card is worth up to $0.02, depending on how you redeem.
This $564 in rewards value puts the TD Aeroplan Visa Infinite Card in the top 20% 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 Card earns $564 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 | 2.00% | 1.25% |
| Pharmacy | 2.00% | 1.17% |
| Gas | 3.00% | 1.48% |
| Groceries | 3.00% | 1.71% |
| Restaurant | 2.00% | 1.53% |
| Store | 2.00% | 1.94% |
| Travel | 2.00% | 1.19% |
| Other | 2.00% | 1.08% |
| Redemption method | Annual rewards |
|---|---|
| Transfer to partner hotels | $231 |
| Gift cards | $200 |
| Merchandise | $209 |
| Car rentals | $254 |
| Flight rewards | $564 |
| Air Canada gift cards | $282 |
| Air Canada vactions | $234 |
For an annual spend of $24,000, we estimated annual rewards value at up to $564.
That’s equivalent to a 2.35% return on spending.
The TD Aeroplan Visa Infinite Card has an annual fee of $139. After deducting this, we predicted net annual rewards of $425.
This puts it in the top 20% 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 Card has a $139 annual fee.
The average card charges $85. So, the TD Aeroplan Visa Infinite Card is in the top 20% 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 Card scored a 3.0 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 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 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 | 1 year | 1 year |
| Purchase Protection | 90 days | 90 days |
| Travel Accident | $500,000 | $500,000 |
| Emergency Medical Term | 21 days | 15 days |
| Emergency Medical over 65 | 4 days | 4 days |
| Trip Cancellation | $1,500 | $1,500 |
| Trip Interruption | $5,000 | $2,000 |
| Flight Delay | $500 | $500 |
| Baggage Delay | $1,000 | $500 |
| Lost or Stolen Baggage | $1,000 | $1,000 |
| Rental Car Theft & Damage | Yes | No |
| Hotel Burglary | $2,500 | $1,000 |
| Mobile Phone Insurance | $1,000 | $1,000 |
We scored it 4.3 out of 5 for insurance.
It offers 13 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 | $60,000 |
| Household Income | $100,000 |
| Fees | |
|---|---|
| Annual Fee | $139 |
| 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 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 $60,000, while the average card requires $23,896.
This puts it in the top 20% of cards by the income required to qualify.
The TD Aeroplan Visa Infinite Card is a popular choice among Canadians looking for a credit card that offers travel rewards. With a mix of earning potential, benefits, and some drawbacks, it caters to those who frequently fly with Air Canada or its partners.
This educational review provides an overview of the card’s features, covering the earning potential, four major benefits, two significant drawbacks, and other relevant information.
Earning Potential
The TD Aeroplan Visa Infinite Card earns Aeroplan points, which can be redeemed for flights on Air Canada and its partners. Points are earned according to the following reward rates:
- 1.5 points for every $1 spent on eligible grocery, gas and Air Canada purchases
- 1 point for every $1 spent on all other purchases
This reward structure is beneficial for those who have a mix of everyday spending and travel expenses.
Benefits
- Travel Insurance Coverage: A major advantage of the TD Aeroplan Visa Infinite Card is the comprehensive travel insurance coverage. Cardholders receive various insurance benefits, such as travel medical, trip cancellation/interruption, baggage loss, and flight delay insurance.
These features add peace of mind when traveling and help cover unexpected events that may occur. - Welcome Bonus Offer: The welcome bonus offer is another significant advantage. New cardholders can earn up to 20,000 Aeroplan points after spending $1,500 within the first three months of account opening.
Additionally, annual fee waivers may be available for primary and supplementary cardholders for the first year. The welcome bonus points and fee waivers amount to significant savings, especially for new Aeroplan members. - Air Canada Travel Benefits: As an Aeroplan credit card, TD Aeroplan Visa Infinite Card offers Air Canada-specific travel benefits.
These include priority check-in and boarding, as well as a complimentary first checked bag for the primary cardholder and up to eight companions on the same reservation. Maximizing these benefits will enhance the overall travel experience and provide cost savings. - Visa Infinite Privileges: Finally, the fourth major advantage of this card is the inclusion of Visa Infinite Privileges.
This encompasses a range of perks, such as access to the Visa Infinite Concierge service, luxury hotel benefits, dining experiences, and exclusive event access. These features can elevate your lifestyle and provide a taste of luxury.
Drawbacks
- High Annual Fee: One significant drawback of the TD Aeroplan Visa Infinite Card is its high annual fee, which amounts to $139 for the primary cardholder and $75 for each additional card.
However, keep in mind that the card offers a welcome bonus that may include a first-year annual fee waiver. Despite the fee, the benefits and rewards can make up for the cost if you maximize the card’s potential. - Limited Reward Flexibility: Another drawback to mention is the limited flexibility in redeeming rewards. Aeroplan points are primarily designed to be used for Air Canada flights and partner airlines.
Although you can use points for merchandise or gift cards, doing so may not maximize their value. Therefore, this card might not be ideal for people who prefer cashback or more versatile rewards programs.
Additional Information
Overall, the TD Aeroplan Visa Infinite Card can be a valuable addition to your wallet if you are a frequent traveler and Aeroplan member.
Be sure to weigh the benefits and drawbacks according to your personal spending habits and travel preferences for the best decision. And always remember to practice responsible credit card usage by paying off your balance each month and avoiding high-interest charges.
Is the TD Aeroplan Visa Infinite Card not convincing you? Consider the MBNA Smart Cash Platinum Plus MasterCard or the MBNA Rewards World Elite MasterCard. Still not the right credit card? Make sure not to miss the MBNA Rewards Platinum Plus MasterCard (QC).
FAQ
Key benefits
- 15,000 Aeroplan points sign-up bonus after spending $1,000 within the first 90 days
- No foreign transaction fees on purchases made outside Canada
- Up to 55 interest-free days for purchases if balance is paid in full each month
- Emergency travel assistance available 24/7
- Priority check-in and boarding on Air Canada flights
- Car rental discounts and collision damage waiver coverage
- Purchase security and extended warranty protection
