The TD® Aeroplan® Visa Infinite Card is a compelling choice for Canadian frequent travellers. Cardholders benefit from a competitive interest rate of 21.99% for purchases and 22.99% for cash advances. The annual fee is $139, but you can enjoy a full annual fee rebate in your first year if you are new to TD credit cards and meet eligibility requirements. Furthermore, the card offers a generous credit limit, generally starting at $5,000, subject to approval and personal financial circumstances.

How to Apply for the TD Aeroplan Visa Infinite

First, check your eligibility on the TD website and gather the necessary financial documents. Ensure you have not opened or closed any TD Aeroplan Visa in the last 12 months before applying.

Once ready, fill out the secure online application, providing all the required details such as your income and employment information. Submit your completed application for automatic review and approval.

If approved, activate your card and make your first purchase within three months. Doing so ensures you’re eligible for the welcome bonus and the first-year annual fee rebate.

Once your card is active, start earning Aeroplan points on daily purchases and enjoy additional travel perks.

Consider setting up pre-authorized payments for convenience and to avoid missing payment deadlines.

Key Advantages

The main advantage is the opportunity to earn up to 40,000 Aeroplan points in your first year, providing a significant boost for Air Canada travel and more.

Additionally, you and up to eight companions enjoy a complimentary first checked bag on Air Canada flights, which can help save on travel expenses.

The annual fee rebate for the first year makes it easy for new cardholders to maximize value immediately without upfront costs.

Cardholders also benefit from travel insurance, NEXUS fee credits, purchase security, and mobile device insurance.

The card offers a competitive rewards program, converting everyday expenses into travel opportunities and privileges.

Potential Drawbacks

The card carries a $139 annual fee after the first year, which could be a barrier for those seeking a long-term no-fee option.

Interest rates are higher than a low-rate card, so carrying a balance month-to-month is not advisable.

The highest rewards are focused on Aeroplan and Air Canada travel, so benefits may not appeal to non-travellers.

Eligibility requirements and the need to activate and spend within the first months may exclude some applicants.

Bonus points may take up to eight weeks to be credited, requiring patience for full benefit realization.

Final Verdict

The TD® Aeroplan® Visa Infinite Card is highly suited for Canadians frequently flying with Air Canada and those wanting to maximize travel rewards. While the annual fee is a consideration, the introductory offers, free checked bags, and comprehensive insurance package make it an exceptional value for yearly travellers.