American Express Gold Rewards Card® vs TD® Aeroplan® Visa Infinite Privilege*: Which one is better?
American Express Gold Rewards Card®
4
RECOMMENDED CREDIT SCORE*
TD® Aeroplan® Visa Infinite Privilege*
3.2
RECOMMENDED CREDIT SCORE
Rewards Breakdown
Annual Rewards
$597.35
American Express Membership Rewards
Welcome Bonus
$1,260
American Express Membership Rewards
Annual Fee
$250
First Year Value
$1,607.35
$347.35 in years after
Based on $2,000/mo average spending. Calculate your rewards.
Rewards Breakdown
Annual Rewards
$593.72
Air Canada Aeroplan
Welcome Bonus
$1,470
Air Canada Aeroplan
Annual Fee
$599
First Year Value
$1,464.72
-$5.28 in years after
Based on $2,000/mo average spending. Calculate your rewards.
Insurance Included*
Emergency Out of province Medical
$5 Million per insured, 15 days
Trip Cancellation
$1500 per person, $3000 combined
Trip Interruption
$1500 per person, $6000 combined
Flight Delay
$500 after 4 hour delay
Baggage Delay
$500 after 6 hour delay
Hotel Burglary Insurance
$500
Lost or Stolen Baggage
$500
Travel Accident
$500,000.svg)
Car Rental Damage & Theft
$85K, up to 48 days
Purchase Protection
90 days, Up to $1K
Extended Warranty
1 year
Insurance Included
Emergency Out of province Medical
$5 Million per insured, 15 daysTrip Cancellation
$1500 per person, $3000 combinedTrip Interruption
$1500 per person, $6000 combinedFlight Delay
$500 after 4 hour delayBaggage Delay
$500 after 6 hour delayHotel Burglary Insurance
$500Lost or Stolen Baggage
$500Travel Accident
$500,000Car Rental Damage & Theft
$85K, up to 48 daysPurchase Protection
90 days, Up to $1KExtended Warranty
1 yearEmergency Medical Over 65
$5M/insured up to 4 days
Mobile Device Insurance
$1,500
Extra Benefits*
Nexus Application
$50 statement credit every 4 years.svg)
Status lift
Hertz Gold Plus Rewards® loyalty program
Extra points
Earn 2 points on Amex Travel Online purchases and extra points on American Express offers.svg)
Travel Credit
$100
Airport Lounge - Priority Pass
Pass only. No Complimentary visits!Airport Lounge - Plaza Premium
4 Free complimentary visits
Complimentary Hotel Benefits
Hotels booked American Express Travel
American Express Experiences
Extra Benefits
Nexus Application
$50 statement credit every 4 yearsStatus lift
Hertz Gold Plus Rewards® loyalty programExtra points
Earn 2 points on Amex Travel Online purchases and extra points on American Express offers
Free first checked bag
First checked bag is free for primary cardholder on WestJet flight and up to 8 guests
Visa Infinite Exclusive Benefits
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Concierge Services
Golf Benefit
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.S
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car
Trip and legal Assistance
Airport Benefits
At Toronto, Vancouver, Ottawa and Montreal airports get benefits such as Priority Security lane, Complimentary valet, premium parking spots, priorioty taxi and limo lane and discount for parking.Airport Benefits
Get Priority Check-in, Priority Boarding and Priority Baggage Handling, Priority Airport Standby & Priority Airport Upgrades for you, your authorized users and up to 8 companions on the same flight (Only AirCanada)Airport Lounge - Dragon Pass
6 Free complimentary visitsAirport Lounge - Maple Leaf and AirCanada Cafes
Unlimited Access for you and one guest
Companion Voucher
Annual Worldwide Companion Pass from $99 to a max of $599 After spending $25,000 on your card
Interest Rates*
Purchase:
21.99%1
Cash Advance:
21.99%1
Interest Rates
Purchase:
20.99%
Cash Advance:
22.99%
Annual Fee*
$250
Annual Fee
$599
Income Required*
Min Personal Income:
N/A
Min Household Income:
N/A
Income Required
Min Personal Income:
$150,000
Min Household Income:
$200,000
Welcome Bonus*
Earn 5,000 Membership Rewards points for each monthly billing period in which you spend $1,000 in purchases on your Card in the first Year
Welcome Bonus
20,000 points after approval. 50,000 points after spending over $7,500 within 180 days of account opening. 30,000 Aeroplan points when you spend $24,000 within 12 months of Account opening at the anniversary of the card.
Rewards Rate*
- 2x points per $1 spent on gas, groceries and drugstore purchases
- 2x points per $1 spent on travel (eligible flights, hotels, tours and more)
- 1x point per $1 spent on all other eligible purchases
Rewards Rate
- 2 points on Air Canada and Air Canada Vacations if they are in the first $100k transactions of the year
- 1.5 points on Gas, Groceries, Travel and Dining if they are in the first $100k transactions of the year
- 1.25 Point on everything else
Loyalty Program*
Loyalty Program
Point Redemption Options*
Most Optimal
Transfer to Airline Partners
2.1¢ / point
Gift Cards
0.765¢ / pointFixed Point Travel Program
1.66¢ / pointTransfer to Hotel Partners
1.66¢ / point
Statement Credits
1¢ / point
Amazon.ca
0.7¢ / point
Merchandise
0.63¢ / point
Point Redemption Options
Transfer to Airline Partners
2.1¢ / pointGift Cards
0.765¢ / pointMost Optimal
Travel
0.825¢ / point
Is this card worth it?
The American Express® Gold Rewards Card is an excellent choice for travelers seeking an entry-level card that offers a strong balance of generous travel benefits without excessive costs. With a relatively low annual fee, this card provides flexibility and a range of perks that make it stand out among other options. It’s ideal for those who want to maximize their travel rewards without being tied to a specific airline or compromising on the benefits offered.
Is this card worth it?
If you travel a lot throughout the year with Air Canada, the benefits of this card can significantly enhance your experience. It can help you achieve the next status level with Aeroplan and provide a better airport experience, therefore it can be worth the price tag. However, if you don't frequently fly with Air Canada, the benefits may not justify the card's expensive price tag.
Pros
- Flexible Rewards: Enjoy flexible Membership Rewards point conversion with up to 2 points per $1 spent.
- Travel Perks: Includes $100 annual travel credit and 4 free passes to Plaza Premium lounges in Canada.
- Comprehensive Insurance: Comes with 11 types of insurance coverage.
- Multiple Redemption Options: Offers 4 ways to redeem points for maximum value.
Pros
- Premium experience for Elite Air Canada travelers with many benefits and status upgrades.
- High coverage limit on insurance.
- Numerous luxury benefits and statuses available for use.
Cons
- High Annual Fee: The card comes with a $250 annual fee.
- Foreign Transaction Fees: A 2.5% fee applies to foreign transactions.
- Limited Travel Insurance for Seniors: No travel medical insurance coverage for those over 65.
- Lower Acceptance: As an American Express card, it may have lower acceptance compared to Visa or Mastercard.
Cons
- The rewards rate on this card is not that high. There are non-Aeroplan cards with much better reward programs, and their points can later be transferred to this card, making them better options if you are looking to gather Aeroplan points.
- You lose the flexibility to use other airlines if you want to take advantage of the benefits of this card.
- The high price tag makes this card a poor choice if you don't frequently travel with Air Canada.
- The unlimited lounge access is limited to Maple Leaf Lounges and Air Canada Cafe lounges which don't have a great worldwide coverage.
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