Who this card is for
A good fit if you…
- Air Canada flyers who want Aeroplan on a Visa Infinite card they can use at almost every Canadian grocery store and gas station.
- Households that will use 1.5x on eligible gas, EV charging, grocery, and direct Air Canada purchases, up to $80,000 a year, and the separate 1.5x at participating Hyatt hotels and resorts (July 15, 2026 to July 15, 2029, with its own $80,000 annual cap).
- People who meet Visa Infinite-style income thresholds and pay the card in full. Purchases are 21.99% and cash advances are 22.99%.
- TD customers who prefer one login, one bank, and Aeroplan landing in the same account they already use for flights. A TD All-Inclusive Banking Plan can rebate the annual fee every year. Conditions apply.
Skip it if you…
- Anyone who does not fly Air Canada. TD has cash-back Visas that will annoy you less at renewal.
- High spenders who will blow past the $80,000 bonus-category cap and would rather have Infinite Privilege’s higher ongoing rates.
- Applicants who opened any TD Aeroplan Visa (Platinum, Infinite, Infinite Privilege, or Business) in the last 12 months and are bonus hunting — the current eligibility text excludes that group.
- People who need to carry a balance. Purchases are 21.99% and cash advances are 22.99%. That is an expensive way to collect Aeroplan.
Pros and cons
Pros
- Visa Infinite acceptance is the practical advantage over Amex cobrands at Canadian grocers, gas stations, and small merchants.
- 1.5x on grocery, gas, EV charging, and direct Air Canada purchases, plus 1.5x at participating Hyatt hotels and resorts from July 15, 2026 to July 15, 2029, is a useful mix for a family that already flies Air Canada.
- The welcome offer, effective September 1, 2026, is 10,000 Aeroplan points on the first purchase, 15,000 points after $3,000 within 90 days, and a one-time 25,000-point anniversary bonus after $12,000 within 12 months. TD values the package at up to $1,550, including up to 50,000 points.
- The cardholder and up to 8 companions on the same reservation get a free first checked bag. Each cardholder can get a NEXUS fee rebate of up to $100 every 48 months.
- Income thresholds are lower than Infinite Privilege, so this is the premium-enough cobrand for many households. You can keep banking, the credit card, and Aeroplan in a TD-centred workflow.
Cons
- The 1.5x bonus on gas, EV charging, grocery, and direct Air Canada purchases applies up to $80,000 a year. Heavy grocery shops can fall back to 1x partway through the year. Hyatt’s 1.5x has its own $80,000 annual cap.
- The annual fee is $139, and each additional cardholder is $75, effective September 1, 2026. A first-year rebate and a TD All-Inclusive Banking Plan rebate can change that. A family of extra cards is not free once those rebates end.
- Purchases are 21.99% and cash advances are 22.99%, effective September 1, 2026. Pay this card in full.
- Base earn of 1x on everything else is ordinary. Dining-heavy spenders may prefer Amex cobrands or a dining-focused card.
- The full welcome value assumes you hit both spend hurdles and keep the card about a year. The 90-day $3,000 gate and the 12-month $12,000 gate are real.
Fees and value: is the annual fee worth it?
First-year snapshot (estimate)
- Annual fee
- $139
- Estimated welcome bonus value
- $1,550
- Bonus minus fee (estimate)
- $1,411
This is a simple comparison of the estimated welcome-bonus value against the annual fee. It ignores rewards on spending, credits you have to remember to use, and interest if you carry a balance. Offers change — verify with the issuer.
The annual fee is $139, and the additional cardholder fee is $75. Rates and fees are effective September 1, 2026.
The current offer, also effective September 1, 2026, rebates the first-year annual fee for the primary cardholder and for additional cardholders: activate and make the first purchase within 3 months, and add the additional cardholder while the offer is in effect. TD’s page says you can get an annual fee rebate every year with a TD All-Inclusive Banking Plan.
Conditions apply. TD values the welcome package at up to $1,550, including up to 50,000 points: 10,000 on the first purchase, 15,000 when you spend $3,000 within 90 days of account opening, and a one-time 25,000-point anniversary bonus when you spend $12,000 within 12 months of account opening.
The full figure assumes you hit both spend hurdles and keep the card about a year. Purchases are 21.99% and cash advances are 22.99%.
Offers change. Confirm on TD’s page.
None of the bonus value is worth interest charges.
Rewards and earn rates explained
Rewards program: Aeroplan Points
This card earns Aeroplan points. Eligible gas, EV charging, grocery, and purchases made directly with Air Canada (including Air Canada Vacations) earn 1.5 points per dollar, up to $80,000 a year.
Participating Hyatt hotels and resorts also earn 1.5 points per dollar from July 15, 2026 to July 15, 2029, with a separate $80,000 annual cap. All other purchases earn 1 point per dollar.
After a cap, that category drops to the regular rate. The cardholder and up to 8 companions on the same reservation get a free first checked bag, and each cardholder can get a NEXUS fee rebate of up to $100 every 48 months.
Insurance highlights include travel medical up to $2 million for 21 days (4 days if you are 65 or older), trip cancellation of $1,500 per person, trip interruption of $5,000 per person, flight delay of $500, baggage of $1,000, hotel burglary of $2,500, and mobile device coverage of $1,000. Read the certificate.
Redemptions are Aeroplan flight rewards, partner airlines, and the usual merchandise and vacation options. If you buy Air Canada tickets on this Visa, you get both the cobrand earn and a card that the airline’s checkout will take without a network surprise.
Welcome bonus: how to unlock it
Up to $1,550 in value, including up to 50,000 Aeroplan points and a first-year Annual Fee rebate
The current offer, effective September 1, 2026, has three gates: 10,000 Aeroplan points on the first purchase; 15,000 points when you spend $3,000 within 90 days of account opening; and a one-time 25,000-point anniversary bonus when you spend $12,000 within 12 months of account opening. TD values the package at up to $1,550, including up to 50,000 points.
You need all three to match that “up to” figure. The same offer includes a first-year annual fee rebate for the primary cardholder and additional cardholders: activate and make the first purchase within 3 months, and add the additional cardholder while the offer is in effect.
Eligibility currently requires approval while the offer is in effect and no TD Aeroplan Visa account of several types opened in the last 12 months. Even then, Aeroplan’s own rules can withhold incentive points in some cases — Infinite Privilege terms spell that out more bluntly, and it is a program-level risk on cobrands generally.
Offers change. Read the live TD offer, not just this summary.
Welcome bonus eligibility: To be eligible for this offer, you must: (i) be approved for a TD Aeroplan Visa Infinite Card account (" Account ") while this offer is in effect, and (ii) not have opened any TD-Aeroplan Visa Card account (e.g., Platinum, Infinite, Infinite Privilege or Business] in the last 12 months.
FAQ
Is the TD Aeroplan Visa Infinite Card worth it?
It is worth it for Air Canada households that will use Visa at grocery and gas, can hit the $3,000 and $12,000 welcome hurdles without stretching, and will not immediately need Infinite Privilege rates. It is not worth it if you fly WestJet, want cash back, or will carry a balance at 21.99%.
What is the annual fee, and can it be waived?
The annual fee is $139, and each additional cardholder is $75. Rates and fees are effective September 1, 2026.
The current offer rebates the first-year fee for the primary cardholder and additional cardholders if you activate and make the first purchase within 3 months, and add the additional cardholder while the offer is in effect. TD’s page says “Get an annual fee rebate every year with a TD All-Inclusive Banking Plan.”
Conditions apply. Confirm the live offer on TD’s page.
Does the TD Aeroplan Visa Infinite Card charge foreign-exchange fees?
Most Canadian Visa Infinite cards add a foreign-conversion fee on foreign-currency transactions (often around 2.5%). This cobrand is not marketed as a no-FX card. For trip spend, compare Scotiabank Passport Visa Infinite, and confirm TD’s current FX rate in the certificate of insurance / cardmember agreement.
TD Aeroplan Visa Infinite vs Infinite Privilege?
Infinite Privilege earns more on Air Canada, adds dining and transit-style categories, and uses a higher base rate — at a much higher fee and income bar. Choose Privilege if you already live in that spending band. Choose Infinite if you want the cobrand without the premium membership.
TD Aeroplan vs American Express Aeroplan?
TD wins on Visa acceptance and grocery/gas bonus categories. Amex Aeroplan wins on dining earn, with weaker grocery coverage. If you can hold only one, pick the network you use at the supermarket.
Compare related cards and guides
More Canadian credit card lists that match this product, plus a few cards people usually compare it with.
- TD Aeroplan Visa Infinite Privilege Credit Card review · TD · $599 annual fee
- American Express Aeroplan Card review · American Express · $120 annual fee
- CIBC Aeroplan Visa Infinite Card review · CIBC · $139 annual fee
