Credit cards eligible for the TD Aeroplan promo
The following TD credit card holders will be eligible for the TD Aeroplan promo if the account is active and in good standing.
- TD® Aeroplan® Visa Platinum* Card
- TD® Aeroplan® Visa Infinite* Card
- TD® Aeroplan® Visa Infinite Privilege* Credit Card
- TD® Aeroplan® Visa* Business Card
Don’t forget to register here to activate the offer.
The terms and conditions state that bonus points can be expected up to 68 weeks after the end of the offer period. This is probably a typo; 6-8 weeks would be more accurate when compared to the terms of similar TD Aeroplan promo offers in the past.
Is this a good promotion?
However, by earning 2 Aeroplan bonus points per dollar, you could be a winner with the TD Aeroplan promo, depending on how you use those points.
Actually these are “bonus points,” i.e. points that are added to the usual earning ratio of your Aeroplan credit card according to the purchase categories:
For avoidance of doubt, the bonus points awarded pursuant to this Offer during the Offer Period will be in addition to Aeroplan points earned on qualifying purchases under the standard base earn rate as set out in the Aeroplan Terms and Conditions for the Eligible Account.
So, with a TD® Aeroplan® Visa Infinite Privilege* Credit Card, you earn 1.25 Aeroplan points for every $1 in card purchases. In the case of this promotion, you will earn 3.25 points per dollar on foreign currency purchases.
On Milesopedia, we give a valuation of 2¢ per Aeroplan point. Therefore, one dollar would generate 6.5¢ ($1 = 3.25 points x 2¢ = 6.5¢ = 6.5%).
When the 2.5% conversion fee is taken into account, the net return is a positive 4% (6.5% – 2.5%). This is an excellent earning rate considering that it will be like this for all your travel expenses abroad!
This can be compared with one of the best no-conversion-fee credit cards in Canada, the HSBC World Elite® Mastercard®.
To choose the right card for travel, you need to consider the type of rewards you want to earn as well.
Then, this TD Aeroplan promotion is even more interesting in certain situations. For example, if your goal with Aeroplan points is to fly business class or even first class, the value of a point can climb to over 5¢ per point!
In this case, one dollar would give you a value of 16.25¢ ($1 = 3.25 points x 5¢ = 16.25¢). So your net return could be 13. 75% (16.25% – 2.5%) with the TD Aeroplan promo, despite the conversion fee.