Comparing Aeroplan Credit Cards – TD, CIBC, American Express

Comparing Air Canada's Aeroplan Credit Cards - Which Is Best?

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Last updated on September 4, 2019 Views: 547 Comments: 0
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Aeroplan credit cards are a popular pick among Canadians, especially those who are frequent flyers. But which Aeroplan credit card offers the best value? Which is best suited to your specific needs? This GreedyRates Aeroplan credit card comparison guide will answer those questions and help you choose the best Aeroplan card for your lifestyle.

READ MORE about Travel Loyalty Programs: Compare Aeroplan vs Air Miles vs Avion

So why choose an Aeroplan card? Aeroplan has multiple credit card partners, making it easy to earn Aeroplan points. Then, when you are ready, you can use your Aeroplan points to book flights with Air Canada and Star Alliance members. Alternatively, you can use your points to redeem merchandise or gift cards. Learn more from the Aeroplan section in our Loyalty Bible.

Below is a quick comparison of the sign-up bonus, annual fee, point accumulation and travel insurance offered by some of the Aeroplan credit cards currently on the market. Although not officially Aeroplan credit cards, we have included a few American Express credit cards because they allow you to transfer your Amex Membership Rewards points to Aeroplan at a 1:1 ratio. This gives cardholders significant flexibility to book through Aeroplan or Amex at their own discretion.

Aeroplan Credit CardWelcome BonusAnnual FeeMin. IncomeVisit Site
TD® Aeroplan® Visa Infinite CardUp to 40000 Miles $120
first year free
$60000Learn More
American Express Gold Rewards Card25000 Points$150$0Learn More
American Express Platinum Rewards Card50000 Points$699N/ALearn More
CIBC Aerogold® Visa Infinite*15000 Miles$120$60000Learn More
CIBC Aero Platinum™ Visa* Card5000 Miles$39
$15,000Learn More

As you will notice in the above chart, the TD Aeroplan Visa Infinite card currently offers the top Aeroplan sign-up bonus in Canada; the American Express cards offer some of the best deals in terms of sign-up bonuses after you convert your Amex Membership Rewards points to Aeroplan points. For example, those 25,000 points are enough to get a roundtrip flight to anywhere in the continental US and Canada. As for the 50,000 points; those can get you a roundtrip flight to Hawaii, Central America, or Mexico.

That being said, it’s up to you to determine the best Aeroplan credit card for your needs and lifestyle. To help with your decision, here is a breakdown of the different card options and issuers for Aeroplan Canada.

Best Aeroplan Credit Cards Canada 2019

TD Aeroplan Visa Infinite® Card

TD Aeroplan Infinite VisaEligibility Criteria:
– Credit score required: 
good_excellent
– Min personal income required: $60000
– Annual fees: $120 ( first year free )

This offer is not available for residents of Quebec. For Quebec residents, please click here.

New cardholders who sign up for this TD® Aeroplan® Visa Infinite will receive a bonus of 40000 Aeroplan Miles – 15,000 Miles after a first purchase; 2X Aeroplan Miles on eligible Purchases in the first three months up to a total of 20,000 Miles and another 5,000 Aeroplan Miles when you add an authorized user before December 1, 2019. The Aeroplan card also has an annual fee of $120 which is rebated in the first year, and it comes with some great travel incentives including travel insurance, discounts at AVIS and Budget car rental locations, access to exclusive food and wine events, and hotel benefits that are only available to Visa Infinite members.

The earning rate for the TD® Aeroplan® Visa Infinite is 1.5 miles for every $1 spent on grocery, gas, drugstore and aircanada.com purchases. All other purchases will receive 1 mile per $1 spent.

Click here to apply for the TD Aeroplan Visa Infinite® card

American Express Gold Rewards

American Express Gold Rewards CardEligibility Criteria:
– Credit score required: 
good_excellent
– Min personal income required: $0
– Annual fees: $150

The American Express Gold Rewards card is a popular pick for Canadians and has a number of advantages.

To start with, the Aeroplan sign-up bonus for this credit card is 25000 points after you convert your Amex Membership Rewards points. To qualify for the bonus, you must have a minimum spend of $1500 in the first 3 months of card membership. There is an annual fee of $150, but there is no minimum income threshold to apply.

The card gives you 2 points for every $1 spent on travel and travel-related purchases. This includes flights, hotels, cruises, car rentals, and more, making this a great card for both travel redemption as well as travel earning.

In terms of non-travel related expenses, the American Express Gold Rewards card offers 2 points per $1 spent on gas, grocery, or drugstore expenses and 1 point per $1 dollar spent on all other purchases.

Click here to apply for the American Express Gold Rewards card

The Platinum Card from American Express

The Platinum Card American ExpressEligibility Criteria:
– Credit score required: 
good_excellent
– Min personal income required: N/A
– Annual fees: $699

The Platinum Card® is another great choice for travelling Canadians. The welcome bonus for this card is 50000 points with a minimum spend of $3,000 in the first 3 months of card membership.

The annual fee for The Platinum Card® is $699, which is quite hefty in comparison to the American Express Gold Rewards Card, however, it does come with some great perks that may be of interest if you’re a frequent traveller. Some of these incentives include exclusive discounts and other complimentary perks worth $550 at over 1,000 worldwide hotels; premium status at the Toronto Pearson Airport granting security bypass and valet services; plus the ability to earn 3 Membership Rewards points for every $1 spent on dining and 2 for every $1 spent on travel. With 10 different types of travel insurance coverage and an annual travel credit of $200, this might be the best Aeroplan bonus card on the market.

Finally, cardholders will earn 1 point for every $1 spent anywhere. While this is lower than the rate given for some categories by American Express Gold Rewards Card, it applies to all purchases. You can also earn a 15,000-point bonus whenever Amex approves a friend that you referred to the card and spend these points at a wide array of partner programs like Marriott International, Hilton Hotels and Resorts®, Hertz®, and Avis®.

Click here to learn more on The Platinum Card from American Express

*American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply link.

CIBC Aerogold® Visa Infinite*

CIBC Aerogold Visa Infinite CardEligibility Criteria:
– Credit score required: Fair_Good

– Min personal income required: $60,000
– Annual fees: $120

The CIBC Aerogold® Visa Infinite* offers a less attractive sign-up bonus than the TD Aeroplan Visa Infinite®: 15,000 Miles upon the first purchase. But its earn rate is the same, at 1.5 miles for every $1 spent on gas, grocery, drugstore, and aircanada.com purchases or 1 Mile for every $1 spent on all other purchases. The CIBC Aerogold card comes with a $120 annual fee (not waived or rebated in the first year), similar travel insurance compared to the TD card, and identical Visa Infinite® perks.

Click here to apply for the CIBC Aerogold® Visa Infinite* Card


CIBC Aero Platinum Visa* Card

CIBC Aero Platinum Visa CardEligibility Criteria:
– Credit score required: 
Fair_Good
– Min personal income required: $60,000
– Annual fees: $120

The second option for a CIBC Aeroplan credit card is the CIBC Aero Platinum Visa* Card. This Aeroplan visa card has a relatively low welcome bonus (5000 Aeroplan Miles), however, it also comes with a lower annual fee of only $39 per year. The earning rate is also lower at 1 Mile for every $1.50 spent. The minimum household income requirement to apply for this credit card is only $15,000, making it a great pick for students or young people looking for their first Aeroplan credit card.

Click here to apply for the CIBC Aero Platinum Visa* Card

Best Aeroplan Cards By Network

American Express

At this time, there are three American Express options that allow for the points to be transferred to Aeroplan. These credit cards offer some incredible signup bonuses and additional benefits that are perfect for travellers. The American Express Gold Rewards is our top choice for Amex cards.

Visa

There is currently one Aeroplan Visa card that really stands out in Canada the TD Aeroplan Visa Infinite® Card, primarily due to an amazing sign-up bonus. Note that these Aeroplan Visa credit cards offer the possibility to ‘earn miles twice’ with Aeroplan partners, making it easy to get more points fast.

Mastercard

At this time, there is currently no Aeroplan Mastercard available on the market. Should this change, GreedyRates will update its users as to any available options.

*This post was not sponsored. The views and opinions expressed in this review are purely my own.