TD® Aeroplan® Visa Platinum* Credit Card vs TD Rewards Visa* Card: Which one is better?


TD® Aeroplan® Visa Platinum* Credit Card

TD® Aeroplan® Visa Platinum* Credit Card

3


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

TD Rewards Visa* Card

TD Rewards Visa* Card

2


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rewards Breakdown

Annual Rewards

$358.45

Air Canada Aeroplan®


First Year Bonus Value

$420

Air Canada Aeroplan®


Annual Fee

$89

$0

First Year Waived


First Year Value

$778.45

$269.45 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$43.51

TD Rewards


First Year Bonus Value

$98.48

TD Rewards


Annual Fee

$0


First Year Value

$142

$43.51 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Insurance Included

  • extended warranty

    Extended Warranty

    Up to 1 year
  • purchase protection

    Purchase Protection

    90 days

  • lost baggage

    Lost or Stolen Baggage

    $1,000
  • hourglass timer

    Baggage Delay

    $1,000
  • car insurance

    Car Rental Damage & Theft

    yes
  • heart lock

    Travel Accident

    $500,000
  • hourglass timer

    Flight Delay

    $500

Insurance Included

  • extended warranty

    Extended Warranty

    Up to 1 year
  • purchase protection

    Purchase Protection

    90 days

  • mobile device insurance

    Mobile Device Insurance

    $1,000

Extra Benefits

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car
  • reward cup

    Extra points

    Earn 50% more Stars and 50% more Aeroplan points at participating Starbucks stores
  • reward cup

    Extra points

    Earn points twice at over 150 Aeroplan partner brands and over 170 online retailers through the Aeroplan eStore

Extra Benefits

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car
  • reward cup

    Extra points

    Earn 50% more Stars and 50% more Aeroplan points at participating Starbucks stores

Interest Rates

Purchase:

20.99%

Cash Advance:

22.99%

Balance Transfer:

22.99%

Interest Rates

Purchase:

19.99%

Cash Advance:

22.99%

Balance Transfer:

22.99%

Annual Fee

$89

$0

First Year Waived

Annual Fee

$0

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Welcome Bonus

Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card. Earn an additional 10,000 Aeroplan points when you spend $1,000 within 90 days of Account opening. Get an annual fee rebate for the first year.

Welcome Bonus

Earn 15,152 TD Rewards Points (a value of $50 on Amazon.ca) when you spend $500 within 90 days of Account opening. Conditions apply. Account must be approved by January 6, 2025.

Rewards Rate

  • 1.5 Aeroplan points per $1 spent on gas, groceries, Air Canada and Air Canada vacations (maximum 80,000 points annually)
  • 0.66 Aeroplan point per $1 spent on all other eligible purchases

Rewards Rate

  • 4x points per $1 spent on travel booked online through Expedia for TD
  • 3x points per $1 spent on eligible grocery and restaurant purchases
  • 2x points per $1 spent on eligible recurring bill payments
  • 1x points per $1 spent on all other eligible purchases

Loyalty Program

Loyalty Program

Point Redemption Options

  • travel - plane

    Travel

    0.825¢ / point
  • online shop

    Merchandise

    0.75¢ / point
  • gift card

    Gift Cards

    0.72¢ / point

  • Most Optimal

    flight plane

    Aeroplan® Flights

    2.1¢ / point
  • car rental

    Car Rentals

    0.9¢ / point

Point Redemption Options

  • travel - plane

    Travel

    0.4¢ / point
  • gift card

    Gift Cards

    0.25¢ / point
  • online shop

    Merchandise

    0.225¢ / point

  • Most Optimal

    expedia

    Travel via Expedia

    0.5¢ / point
  • education

    Education

    0.4¢ / point
  • amazon logo

    Amazon.ca

    0.33¢ / point
  • cash coins

    Statement Credits (Cash)

    0.25¢ / point

Is this card worth it?

The TD® Aeroplan® Visa Platinum Card* is a solid option for individuals who frequently fly with Air Canada and want a low-fee entry into the Aeroplan rewards program. With a first-year fee waiver, 20,000-point welcome bonus, and 12 types of insurance, it offers good value for occasional travelers. However, if you want broader reward options or higher earnings on non-Air Canada purchases, it may not be the best fit.

Is this card worth it?

The TD Rewards Visa Card* is a great choice for individuals looking for a no-fee card with moderate rewards. It offers solid perks like mobile device insurance and flexible rewards redeemable for travel, gift cards, and more. However, the lower point value and limited earning potential on everyday purchases may not appeal to frequent spenders looking for maximum rewards.

Pros

  • Up to 20,000 Aeroplan Points welcome bonus.
  • Earn 1 point per $1 on gas, groceries, and Air Canada purchases.
  • Preferred Pricing on Aeroplan flight rewards.
  • Includes 12 types of insurance for added travel protection.

Pros

  • No annual fee, making it easy to maintain.
  • Strong welcome bonus of 15,152 points, worth approximately $75.
  • Earn 4 points per $1 on travel booked through Expedia For TD, 3 points per $1 on groceries and restaurants, and 2 points per $1 on recurring bill payments.
  • Mobile device insurance included, a rare feature for no-fee cards.

Cons

  • Rewards value is best redeemed for Air Canada flights.
  • Lower points earning rate of 1 point per $1.50 on other purchases.

Cons

  • TD Rewards points are only worth 0.5 cents each, meaning the value per point is lower compared to other rewards programs.
  • Low return rate on everyday purchases, with 1 point per $1 spent, equating to just 0.5% return.
  • Limited insurance coverage compared to premium cards.

We may earn a commission for some of the products featured on this site. The content and reviews on FinlyWealth are independent and not influenced by advertisers. For the latest details on any product, please visit the advertiser's official website. The content provided on this website, including any credit card recommendations, is for informational and entertainment purposes only and does not constitute financial, legal, or tax advice. The owner and author(s) of this website are not financial, legal, or tax professionals. All views and opinions expressed herein are solely those of the author(s) and may not reflect the best choice for your unique situation. Always consult with a qualified professional before making any financial decisions. The owner and author(s) of this website shall not be held liable for any inaccuracies, errors, or omissions in the content or any resulting actions taken by readers.

Copyright © FinlyWealth 2025 All Rights Reserved.