TD Aeroplan Visa Platinum Card Review

Last updated:  

Dreaming of your next vacation? Earn Aeroplan Miles on everyday purchases and get there faster and cheaper.

19.99%

Purchase Interest Rate

$89

Annual Fee

22.99%

Balance Transfer Rate

Details

Product NameTD Aeroplan Visa Platinum Card
RewardEarn 1 Aeroplan Mile for every $1 spent on eligible grocery, gas and drugstore purchases and 1 mile for every $1.50 spent on other purchases.
Welcome OfferGet up to 25,000 Aeroplan Miles (equivalent to 1 long-haul roundtrip flight reward) and pay no annual fee for the first year. Conditions apply. Ends 1 December 2019.
Purchase Interest Rate19.99%
Cash Advance Rate22.99%
Balance Transfer Rate22.99%
Interest Free Period Up to 21 days
Minimum Credit Limit$1,500
Go to site
More Info

The TD Aeroplan Visa Platinum Card offers 1 Aeroplan mile for every dollar you spend on gas likewise with groceries, along with 1 mile for every $1.50 you spend on all other purchases. It also comes with a welcome bonus and basic travel insurance.

30-second take

  • Think about this card if you collect Aeroplan miles and want travel benefits.
  • Choose something else if you’d rather get cash back or don’t want to pay an annual fee.
  • There are no minimum annual income requirements listed for this card.

The basics

If you’re a frequent flyer and want to maximize your Aeroplan points, then the TD Aeroplan Visa Platinum Card could be just the ticket. Earn twice the points by showing your Aeroplan membership when you pay with your card at participating retailers.

  • Travel rewards. Earn 1 mile for every $1 you spend on groceries, gas and drugstore purchases and 1 for every $1.50 you spend on everything else.
  • Welcome bonus. Receive 10,000 Aeropan Miles on your first purchase.
  • Purchase protection. Get extended warranty and insurance coverage on the products you buy with your card.
  • Travel benefits. Take advantage of delayed/lost baggage and trip cancellation or interruption insurance.

The perks

  • Tap to pay. Tap and go with Apple Pay and Visa payWave (for Android).
  • Fraud protection. Get instant alerts for suspicious activity on your account and avoid paying for fraudulent charges with zero liability.
  • Car rental discounts. Get discounts with Avis and Budget Rent-A-Car (along with car rental insurance for up to 48 days).
  • Common carrier insurance. Get up to $500,000 Common Carrier Travel Accident Insurance for trips on buses, ferries and trains.
  • Optional insurance. You can pay more to get additional coverage for balance protection, travel medical and roadside assistance.
  • Easy to qualify. There are no annual income requirements (but you’ll need to be a resident of Canada to apply).

What to watch out for

  • Annual fee. The fee for this card is $89 per year, but you may be able to get it waived for the first year.
  • Limited flexibility. This card only offers Aeroplan miles, so you could be limited in what you can exchange rewards for.
  • High interest. Interest on outstanding balances and cash advances sits at 19.99%–22.99% respectively (which is much higher than a low-interest card).
  • Fee for additional cards. You’ll have to pay $35 for every extra card you add to your account.

What should I know before you apply?

How to apply

  1. Click “Go to site” and be securely directed to the TD Aeroplan Visa Platinum Card application.
  2. Complete the application, which includes providing your name, email address, social insurance number and birth date.
  3. Review and submit your application.

Bottom line

The TD Aeroplan Visa Platinum Card is for frequent flyers and Aeroplan members. It allows you to collect double the Aeroplan miles on eligible purchases and comes with a welcome offer, basic travel insurance and other perks like car rental coverage, common carrier insurance and purchase protection.

Frequently asked questions about the TD Aeroplan Visa Platinum Card

Picture : td.com/ca

Go to site