Who this card is for
A good fit if you…
- Frequent Air Canada flyers who meet the personal or household income thresholds in the eligibility section and want 2x Aeroplan on eligible Air Canada and Air Canada Vacations purchases.
- Households that will also use 1.5x on eligible gas, EV charging, groceries, travel, transit, and dining — the categories that make Privilege more than an airline card.
- TD All-Inclusive Banking Plan customers who can use the fee discount described in the current annual-fee detail.
- People replacing a lower-tier TD Aeroplan card because they have outgrown the Infinite bonus-category cap and want a higher base rate on everything else (1.25x).
Skip it if you…
- Anyone who does not already spend like a premium-cardholder. The fee only works if 2x tickets and 1.5x everyday categories are real, not aspirational.
- Applicants below the income bar. Visa Infinite Privilege products are income-gated for a reason.
- Bonus hunters who have already taken an Aeroplan cobrand incentive with TD or another issuer of the same category. Aeroplan’s terms, quoted in the eligibility terms, can block or claw back welcome points.
- Travellers who want no foreign-transaction fees as the main feature — look at Passport, not this cobrand.
Pros and cons
Pros
- 2x on eligible Air Canada and Air Canada Vacations purchases is the cobrand rate you want if those tickets are going on a bank card anyway.
- 1.5x covers a wide everyday set: gas, EV charging, groceries, travel, transit, and dining — broader than the regular Infinite card’s grocery/gas/Air Canada list.
- 1.25x on everything else is a better floor than 1x, which matters once bonus categories are exhausted.
- Visa Infinite Privilege is widely accepted, including at merchants that still refuse American Express.
- A TD banking-plan discount, when you actually have the qualifying account, can take a visible bite out of the sticker fee.
Cons
- This is a high-fee card. The headline annual fee currently looks too low next to the $599-class figure in the detailed features — always verify the live TD price.
- Additional cards currently list a high annual fee, even if a banking plan discounts it.
- Welcome points are not guaranteed even after approval; Aeroplan’s incentive rules can refuse bonus points if you have already taken a similar cobrand offer.
- The full welcome value assumes a large 180-day spend and an even larger 12-month spend. That is a travel-heavy year, not a quiet one.
- Foreign-currency markup is typically still there. Privilege is not a Passport-style no-FX product.
Fees and value: is the annual fee worth it?
First-year snapshot (estimate)
- Annual fee
- $599
- Estimated welcome bonus value
- up to $3,300
- Bonus minus fee (estimate)
- $2,701
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.
Read both fee figures. The headline annual fee and the detail text currently disagree: the detail describes a premium annual fee, a lower amount with the TD All-Inclusive Banking Plan, and a possible first-year rebate with conditions.
For an honest ongoing estimate we use the higher “annual fee” figure from the detail when it exceeds the headline number, then compare that with the estimated welcome-bonus value. New cardmembers who hit every spend gate can see a first-year bonus estimate that more than covers even the full sticker fee — if they value Aeroplan near the listed dollar figure.
Year two is the discounted or full fee versus extra earn over the regular Infinite card. Confirm the live fee, rebate, and banking-plan discount with TD.
Offers change.
Rewards and earn rates explained
Rewards program: Aeroplan Points
Privilege earns Aeroplan. Eligible purchases made directly with Air Canada, including Air Canada Vacations, earn 2 points per dollar.
Eligible gas, EV charging, groceries, travel, transit, and dining earn 1.5. Everything else earns 1.25.
That is a fuller category map than the regular TD Aeroplan Visa Infinite card, and there is no $80,000 bonus-category cap called out in the current Privilege features the way there is on Infinite. Redeem for Air Canada and partner flight rewards first.
If your Air Canada spend is enormous and you also want Amex dining, some travellers pair this card with an Amex cobrand; paying two premium fees only makes sense when both cards are used on purpose.
Welcome bonus: how to unlock it
Earn up to 100,000 Aeroplan points (up to $3,300 in value): 20,000 on first purchase + 30,000 after $12,000 in 180 days + 50,000 anniversary after $24,000 in 12 months.
The current offer is three-layered: bonus Aeroplan on the first purchase, a larger deposit after a substantial spend within 180 days of opening, and a one-time anniversary bonus after an even larger 12-month spend. Missing any layer cuts the “up to” value.
The long eligibility excerpt is worth reading in the welcome section above: Aeroplan may not issue incentive points if you previously received welcome or other incentive Aeroplan for opening a similar cobrand with TD or another issuer. Approval for the account is not the same as approval for the bonus.
Map your next six months of planned travel before you apply.
Welcome bonus eligibility: Even if TD approves your application for an Account, the award and issuance of any Aeroplan points pursuant to this offer is subject to the Aeroplan program general Terms and Conditions located at aircanada.com/Aeroplan-termsandconditions, which provide that incentive or bonus Aeroplan points offered (including, for example, the Welcome Bonus, Additional Bonus and Anniversary Bonus described in this offer) to become an Aeroplan credit cardholder and/or to activate, use or hold a new Aeroplan credit card may not be issued and may be revoked in certain circumstances including, but not limited to, if you have previously received welcome or other incentive Aeroplan points in connection with the opening, activation, use or holding of a new Aeroplan credit card account with TD or another issuer of the same card category type as the Account.
FAQ
Is the TD Aeroplan Visa Infinite Privilege Card worth it?
It is worth it when you already spend at Infinite Privilege altitude on Air Canada, groceries, dining, and travel, and when a TD fee discount or a large new-cardmember bonus is actually available to you. It is not worth it as an upgrade you take because the metal is prettier than Infinite.
Why do the annual fee figures on this page disagree?
Our listing has a headline fee and a detail line that currently describes a much higher ongoing annual fee plus banking-plan and first-year wrinkles. Trust the detail for ongoing cost until TD’s application confirms otherwise, and use the table on this page as a prompt to verify — not as a contract.
Does this card have foreign-exchange fees?
Expect a standard Visa foreign-conversion fee unless TD is explicitly advertising a waiver. For no-FX travel spend, compare Scotiabank Passport Visa Infinite. Confirm the current TD rate in the cardholder agreement.
Infinite Privilege vs the regular TD Aeroplan Visa Infinite Card?
The regular Infinite card is cheaper, has a bonus-category cap, and earns 1x on most non-bonus spend. Privilege earns more on Air Canada, adds dining and transit-style categories, and pays 1.25x on the rest. Take Privilege only if the extra points beat the extra fee on your real spend.
TD Infinite Privilege vs American Express Aeroplan Reserve?
Both are premium Air Canada cobrands. TD wins on Visa acceptance and grocery/gas categories. Amex Reserve currently lists higher Air Canada and dining multipliers on the Amex network. Pick the checkout network you use for tickets and groceries, then compare live fees and bonuses.
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 Card review · TD · $139 annual fee
- American Express Aeroplan Reserve Card review · American Express · $599 annual fee
- CIBC Aeroplan Visa Infinite Privilege Card review · CIBC · $599 annual fee
