New Aeroplan Credit Card Offers Comparison

To the point Here are our comparison tables on new Aeroplan credit cards offered by the 3 issuers in Canada, including CIBC and TD.

Entry Aeroplan Credit Cards CIBC Aeroplan® Visa* Card TD® Aeroplan® Visa Platinum* Card Our opinion on entry-level credit card offers

Core Aeroplan Credit Cards American Express® Aeroplan®* Card CIBC Aeroplan® Visa Infinite* Card TD® Aeroplan® Visa Infinite* Card Our opinion on Core Aeroplan Credit Cards offers

Premium Aeroplan Credit Cards American Express®* Aeroplan® Reserve Card CIBC® Aeroplan® Visa Infinite Privilege* Card TD® Aeroplan® Visa Infinite Privilege* Credit Card Our opinion on Premium Aeroplan Credit Card Offers

Bottom line

Update: September 21, 2022

American Express, CIBC and TD offer a variety of Aeroplan credit card offers.

If you know what the Air Canada Buddy Pass is, go directly to the offers for the three Aeroplan credit card tiers:

Entry Range
Core Aeroplan Credit Cards
Premium

Entry Aeroplan Credit Cards

Entry-Level Aeroplan credit cards are offered by two issuers:



Name	CIBC Aeroplan^® Visa* Card	TD^® Aeroplan^® Visa Platinum* Card
Welcome offer	10,000 Aeroplan points on first purchase	10,000 Aeroplan points on first purchase
		+ 10,000 additional Aeroplan points (see conditions)
		+ First Year Annual fee rebate (see conditions)
Offer end	–	January 03, 2023
Annual fee	$0	$89
Additional Card (with privileges)	$0	$35
Additional Card (without privileges)	–	–
Income required (indiv./household)	–	–
Earning rate
Air Canada and Air Canada Vacations	1 point	1 point
Gas	1 point	1 point
Grocery	1 point	1 point
Other	1 point / $1.50	1 point / $1.50
Benefits
Preferred pricing	✓	✓
No expiry of Aeroplan points	✓	✓
Insurance
Health care	–	–
Trip Cancellation Insurance	–	–
Trip Interruption Insurance	–	–
Flight/trip delay	–	$500 – 4 hours
Delayed baggage	–	$1,000/pers.
Lost/stolen baggage	–	$1,000/pers.
Common carrier accident	$100,000	$500,000
Hotel/motel burglary	–	$2,500
Auto rental collision/loss damage waiver	$65,000 – 48 days	$65,000 – 48 days
Mobile device	–	$1,000
Purchases	90 days	90 days
Extended warranty	1 additional year	1 additional year

With the CIBC Aeroplan^® Visa* Card, CIBC has decided to issue an Aeroplan credit card with no annual fee. It is the only Aeroplan credit card with no annual fee on the market.

The earning rate is the same for the two cards. The difference is mostly in the insurance offered: unlike CIBC, the TD^® Aeroplan^® Visa Platinum* Card includes insurance for flight or baggage delays, lost luggage, hotel theft or even your mobile devices.

CIBC Aeroplan^® Visa* Card

Here is the welcome offer for this new Aeroplan credit card:

Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card.

TD^® Aeroplan^® Visa Platinum* Card

With the TD® Aeroplan® Visa Platinum* Credit Card, you can earn up to 20,000 Aeroplan points and a first-year annual fee rebate:

A welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card^†
an additional 10,000 Aeroplan points when you spend $1,000 within 90 days of Account opening^†
An annual fee rebate for the primary cardholder (instead of $89)^†

With the TD® Aeroplan® Visa Platinum* Card, you earn 1 point per dollar for:

Grocery stores
Gas stations
Air Canada purchases, including Air Canada Vacations

There is no minimum income requirement for this TD Aeroplan credit card.

Our opinion on entry-level credit card offers

With the CIBC Aeroplan^® Visa* Card, CIBC has decided to issue an Aeroplan credit card with no annual fee. It is the only Aeroplan credit card with no annual fee on the market.

The earning rate is the same for the two cards. The difference is mainly on the insurance side: unlike CIBC, the TD Credit Card includes insurance for flight or baggage delays, lost luggage, hotel burglary or mobile insurance. However, once the first year is over, the TD^® Aeroplan^® Visa Platinum* Card will have an annual fee.

If you don’t need insurance, CIBC’s card will be a better choice. But if you want more Aeroplan points and good insurance, the TD^® Aeroplan^® Visa Platinum* Card is a good choice.

Core Aeroplan Credit Cards

Core Aeroplan credit cards are the most popular cards. Here are the names of the credit cards offered by the three issuers:



Name	American Express^® Aeroplan^®* Card	CIBC Aeroplan^® Visa Infinite* Card	TD^® Aeroplan^® Visa Infinite* Card
Welcome offer	35,000 Aeroplan points (after $3,000 in purchases)	10,000 Aeroplan points on first purchase	10,000 Aeroplan Points (1st purchase)†
	+ up to 15,000 Aeroplan points (see conditions)	+ 10,000 additional Aeroplan points (see conditions)	+ 20,000 Aeroplan points when you spend $1,500 within 90 days of Account opening†
	–	+ Air Canada Buddy Pass (see conditions)	+ 20,000 Aeroplan points when you spend $7,500 within 12 months of Account opening†
	–	+ Annual fee rebate for the first year† (see conditions)	+ Annual fee rebate for the first year† (see conditions)
Offer end	–	–	January 03, 2023
Annual fee	$120	$139	$139
Additional Card (with privileges)	$50	$50	$75
Additional Card (without privileges)	$0	–	–
Income required (indiv./household)	$0	$60,000 – $100,000	$60,000 – $100,000
Earning rate
Air Canada and Air Canada Vacations	2 points	1.5 points	1.5 points
Gas	1 point	1.5 points	1.5 points
Grocery	1 point	1.5 points	1.5 points
Dining and Food Delivery	1.5 points	1 point	1 point
Other	1 point	1 point	1 point
Benefits
Preferred pricing	✓	✓	✓
No expiry of Aeroplan points	✓	✓	✓
Free first checked bag	✓	✓	✓
Shared benefits with additional cards	✓	✓	✓
1,000 SQM et 1 SQS (per $10,000 eligible annual spend)	✓	✓	✓
$100 Nexus Credit	–	–	✓
Insurance
Health care	–	$5,000,000 Age 0-64: 15 days Age 65+: 3 days	$1,000,000 Age 0-64: 21 days Age 65+: 4 days
Trip Cancellation Insurance	–	$1,500/pers. $5,000 total	$1,500/pers. $5,000 total
Trip Interruption Insurance	–	$2,000/pers.	$5,000/pers. $25,000 total
Flight/trip delay	$500 – 4 hours	$500 – 4 hours	$500 – 4 hours
Delayed baggage	$500 – 4 hours	$500/pers. $1,000 total	$1,000/pers.
Lost/stolen baggage	$500	$500/pers. $1,000 total	$1,000/pers.
Common carrier accident	$500,000	$500,000	$500,000
Hotel/motel burglary	$500	$2,500	$2,500
Auto rental collision/loss damage waiver	$85,000 – 48 days	$65,000 – 48 days	$65,000 – 48 days
Mobile device	–	$1,000	$1,000
Purchases	90 days – $1,000	90 days	90 days
Extended warranty	1 additional year	1 additional year	1 additional year

Of the three Core Aeroplan credit cards, American Express and TD offer the best value.

Indeed, on the side of American Express, the Aeroplan^MD * American Express^MD Card stands out by being less expensive and by offering the possibility of adding additional cards free of charge (These cards will not offer privileges like other cards , but they will allow you to earn points). Besides, 2 points per dollar with Air Canada and Air Canada Vacations is exciting.

For its part, the TD^® Aeroplan^® Visa Infinite* Card stands out with a $100 Nexus credit, something that American Express and CIBC don’t offer.

American Express^® Aeroplan^®* Card

With this welcome offer for the American Express® Aeroplan®* Card, you can earn up to 50,000 Aeroplan points.

Here’s how:

35,000 Aeroplan points after $3,000 in Card purchases within the first 6 months
2,500 Aeroplan points for each monthly billing period in which you spend $500 in purchases on your Card for the first 6 months of Cardmembership. That could add up to 15,000 Aeroplan points

With this Card, you earn 2X the points on purchases made directly with Air Canada and Air Canada Vacations.

And 1.5x the points on Dining and Food Delivery purchases in Canada. Anywhere else, you will earn 1X the points.

Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.

Like all American Express Canada Cards, there is no minimum income requirement.

CIBC Aeroplan^® Visa Infinite* Card

Here is the welcome offer for this new Aeroplan credit card:

Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card.
Earn 10,000 bonus Aeroplan points when you spend $1,000 or more during the first 4 monthly statement periods.
Get an Air Canada Companion Pass when you spend a minimum of $1,000 during the period covered by your first 4 statements.
Annual fee rebate for Primary/Rewards Officer and up to 3 Authorized Users

TD^® Aeroplan^® Visa Infinite* Card

With the TD® Aeroplan® Visa Infinite* Card you can earn up to 50,000 Aeroplan points and a first-year annual fee rebate:

A welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card^†
20,000 Aeroplan points when you spend $1,500 within 90 days of Account opening^†
an additional 20,000 Aeroplan points when you spend $7,500 within 12 months of Account opening^†
Plus, get an annual fee rebate for the first year (instead of $139)^†
Annual fee rebate for the first year for up to 3 additional cardholders (instead of $75 per additional card)^†
$100 NEXUS fee rebate^†
Up to eight passengers travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight^†

It’s the best TD credit card for occasional Air Canada travellers.

With the TD® Aeroplan® Visa Infinite* Card, you earn 1.5 points^† per dollar of eligible purchases for:

Grocery stores
Gas stations
Air Canada purchases, including Air Canada Vacations

Our opinion on Core Aeroplan Credit Cards offers

The three issuers have chosen different options for these cards, which are expected to be the most popular.

American Express has chosen to maintain the annual fee, starting in the first year, in addition to adding spending requirements for the first 6 months.

CIBC has chosen to offer an Annual fee rebate for Primary and up to 3 Authorized Users. If the welcome bonus of 10,000 Aeroplan points is offered with your first purchase, you’ll need to spend $1,000 in 4 months to get the Air Canada Companion Pass and an additional 10,000 Aeroplan points.

TD seems to us to offer the best deal of the three. A welcome bonus of up to 50,000 Aeroplan points is available. The TD^® Aeroplan^® Visa Infinite* Card stands out with a $100 NEXUS credit, something American Express and CIBC don’t offer.

Premium Aeroplan Credit Cards

Premium Aeroplan credit cards are designed for Air Canada’s frequent flyers. Here are the names of the credit cards offered by the three issuers:



Name	American Express^®* Aeroplan^® Reserve Card	CIBC Aeroplan^® Visa Infinite Privilege* Card	TD^® Aeroplan^® Visa Infinite Privilege* Credit Card
Welcome offer	55,000 Aeroplan points (after $6,000 in purchases)	20,000 Aeroplan points† (1st purchase)	20,000 Aeroplan points† at first purchase†
	+ up to 30,000 Aeroplan points (see conditions)	+ 25,000 Aeroplan points (see conditions)	+ 30,000 Aeroplan points when you spend $3,000 within 90 days of account opening†
	–	+ 30,000 Aeroplan points (see conditions)	+ 55,000 Aeroplan points when you spend $12,000 within 12 months of account opening†
Offer end	–	–	January 03, 2023
Annual fee	$599	$599	$599
Additional Card (with privileges)	$199	$149	$199
Additional Card (without privileges)	$0	–	–
Income required (indiv./household)	$0	$150,000 – $200,000	$150,000 – $200,000
Earning rate
Air Canada and Air Canada Vacations	3 points	2 points	2 points
Gas	1.25 points	1.5 points	1.5 points
Grocery	1.25 points	1.5 points	1.5 points
Travel	1.25 points	1.5 points	1.5 points
Dining and Food Delivery	2 points	1.5 points	1.5 points
Other	1.25 points	1.25 points	1.25 points
Benefits
Preferred pricing	✓	✓	✓
No expiry of Aeroplan points	✓	✓	✓
Free first checked bag	✓	✓	✓
Shared benefits with additional cards	✓	✓	✓
1,000 SQM et 1 SQS (per $5,000 eligible annual spend)	✓	✓	✓
$100 Nexus Credit	–	✓	✓
Travel benefits
Access to the Maple Leaf Lounge	✓	✓	✓
6 annual airport lounge visits	–	✓	✓
Airport Priority services	✓	✓	✓
Priority Airport Standby	✓	✓	✓
Annual companion pass	✓	✓	✓
ROLLOVER SQM	✓	✓	✓
ROLLOVER eUPGRADE CREDITS	✓	✓	✓
Insurance
Health care	$5,000,000 Age 0-65: 15 days	$5,000,000 Age 0-64: 31 days Age 65+: 10 days	$5,000,000 Age 0-64: 31 days Age 65+: 4 days
Trip Cancellation Insurance	$1,500/pers. $3,000/pers.	$2,500/pers. $10,000 total	$2,500/pers. $5,000 total
Trip Interruption Insurance	$1,500/pers. $6,000 total	$5,000/pers. $25,000 total	$5,000/pers. $25,000 total
Flight/trip delay	$1,000 – 4 hours	$500 – 4 hours	$1,000 – 4 hours
Delayed baggage	$1,000 – 4 hours	$500/pers. $1,000 total	$1,000/pers.
Lost/stolen baggage	$1,000	$1,000/pers. $2,500 total	$2,500/pers.
Common carrier accident	$500,000	$500,000	$500,000
Hotel/motel burglary	$1,000	$2,500	$2,500
Auto rental collision/loss damage waiver	$85,000 – 48 days	$85,000 – 48 days	$85,000 – 48 days
Mobile device	–	$1,500	$1,500
Purchases	90 days – $1,000	180 days	120 days
Extended warranty	1 additional year	2 additional years	2 additional years

Of the three premium Aeroplan credit cards, they all offer the same earning rates (1.25 points anywhere). On the other hand, the fees are different for CIBC ($149 instead of $199 for the additional TD card). But $50 instead of $100 for the Nexus credit.

On the American Express side, the American Express^®* Aeroplan^® Reserve Card stands out for its high earning rate for purchases with Air Canada and Air Canada Vacations: 3 points per dollar. However, the six airport lounge visits are missing, as is the Nexus fee rebate.

However, unlike CIBC and TD, which require an individual income of $150,000 or $200,000 household income, the American Express^®* Aeroplan^® Reserve Card requires no minimum income.

American Express^®* Aeroplan^® Reserve Card

With this welcome offer for the American Express®* Aeroplan® Reserve Card, you can earn up to 85,000 Aeroplan points. Here’s how:

55,000 Aeroplan points after $6,000 in Card purchases within the first 6 months
5,000 Aeroplan points for each monthly billing period in which you spend $1,000 in purchases on your Card for the first 6 months. That’s up to 30,000 Aeroplan Points

With this Card, you earn 3X the points on purchases made directly with Air Canada and Air Canada Vacations. And 2x the points on Dining and Food Delivery purchases in Canada. Everywhere else, you will earn 1.25X the points.

With this Card, you receive many Air Canada travel benefits such as access to Maple Leaf Lounges in North America for you and one guest, priority check-in, priority boarding and priority baggage handling.

Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.

And you can get a FREE Uber Pass membership for 12 months.

Like all American Express Canada Cards, there is no minimum income requirement.

CIBC^® Aeroplan^® Visa Infinite Privilege* Card

Here is the welcome offer for this new Aeroplan credit card:

20,000 Aeroplan points Welcome Bonus (1st purchase)
Earn 25,000 Aeroplan points when you spend $3,000 or more during your first 4 monthly statement periods
You can also earn an additional 2,500 Aeroplan points each monthly statement period in which you spend at least $2,000 in your first year. That’s up to 30,000 points!

TD^® Aeroplan^® Visa Infinite Privilege* Credit Card

With the TD® Aeroplan® Visa Infinite Privilege* Credit Card, you can earn up to 105,000 Aeroplan^† points:

20,000 Aeroplan points when you make your first purchase with your new card^†
30,000 Aeroplan points when you spend $3,000 within 90 days of account opening^†
55,000 Aeroplan points when you spend $12,000 within 12 months of account opening^†
$100 NEXUS fee rebate^†
Access to Air Canada Maple Leaf lounge^†
6 annual visits to airport lounge members of the Visa Airport Companion^† Program hosted by Dragonpass International Ltd.
Up to eight passengers travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight^†

It’s the best TD credit card for Air Canada frequent flyers.

With the TD® Aeroplan® Visa Infinite Privilege* Credit Card, you earn 1.5 points^† per dollar for:

Grocery stores
Gas stations
travel purchases
Dining purchases

And 2 points† for every $1 spent on Air Canada purchases, including Air Canada Vacations. Everywhere else, you’ll get 1.25 points† per dollar.

Our opinion on Premium Aeroplan Credit Card Offers

Of the three premium Aeroplan credit cards, TD offers the best Welcome Bonus: up to 105,000 Aeroplan points.

You will need to spend $12,000 in the first 12 months to get the full welcome offer. This remains accessible, given the target audience.

The second best offer is from American Express. You can earn up to 85,000 Aeroplan points. To get the full welcome offer, you will need to spend $1,000 per month for 12 months (a total of $12,000).

Finally, CIBC is offering up to 75,000 points as long as you make $2,000 in purchases per month for the first year!

Please note: CIBC and TD require a $150,000 individual income or $200,00 household income to get one of these cards. There is no minimum income requirement on the American Express side with the American Express^®* Aeroplan^® Reserve Card.

Bottom line

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