TD® Aeroplan® Visa Platinum* Card Review
Ideal for budget-friendly, frequent Air Canada flyers, the TD Aeroplan Visa Platinum Card offers an Aeroplan point rewards program at a low annual cost, plus a couple of useful perks and protections.
Sep 1, 2026 1:57 PM
The Bottom Line
If you’re looking to collect Aeroplan points at a low annual price, the TD Aeroplan Visa Platinum Card may be for you. That said, for better coverage, perks, and point potential, you may want to consider one of the other Aeroplan-earning credit cards above. Just note that these alternatives come with higher annual fees and, sometimes, higher annual income requirements (depending on the card).
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Welcome Bonus
Up to $500 in value†, including up to 20,000 Aeroplan points†
Annual Fee
$89 $0
Interest Rates
21.99% / 22.99%□
RECOMMENDED CREDIT SCORE
Rewards
- Earn 1 point† for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card
- Earn 1 point† for every $1.50 spent on all other eligible purchases† made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Your Aeroplan Points do not expire as long as you are a TD® Aeroplan® Visa Platinum* Cardholder
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
Insurance
Coverage
Flight Delay†
$500Baggage Delay†
$1,000
Lost or Stolen Baggage†
$1,000
Common Carrier Travel Accident Insurance†
$500,000.svg)
Car Rental Damage & Theft†
yes
Purchase Protection†
90 days
Extended Warranty†
Up to 1 year
Benefits
Details
Extra points†
Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.Extra points†
Earn points twice at over 150 Aeroplan partner brands and over 200 online retailers through the Aeroplan eStore
Car Rental Discount†
10% off base rate of Avis Rent A Car and Budget Rent A Car
Eligibility
Credit Score
GoodAnnual Income
N/A
Welcome Bonus Details
Up to $500 in value†, including up to 20,000 Aeroplan points† could be yours and receive an Annual Fee rebate for the first year†. Conditions Apply.
- 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 $1,500 within 90 days of Account opening†
- Get an Annual Fee rebate for the first year†
To receive the first-year Annual Fee rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the Additional Cardholder(s) first-year Annual Fee rebate, you must add your Additional Cardholder(s) while the offer is in effect.
Offer may be changed, withdrawn, or extended at any time and cannot be combined with any other offer unless otherwise indicated.
Card Details
Interest Rates
Purchase APR
21.99%
Cash Advance APR
22.99%□
Fees
Annual Fee
$89
$0 first year
Additional Cards
$35
Eligibility
Minimum Individual Income
N/A
Minimum Household Income
N/A
Credit Score Estimate
Good
Pros & Cons
Pros
- Preferred Aeroplan flight pricing
- First-year fee rebate
- Decent insurance
- Car rental discounts
- Generous intro offer
Cons
- Lower reward rates
- Limited redemption value
Our Detailed Review
How to Earn Points with the TD Aeroplan Visa Platinum Card
Cardholders can earn the following while tapping their TD Aeroplan Visa Platinum Card:
- Earn 1 point† for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your card
- Earn 1 point† for every $1.50 spent on all other eligible purchases† made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
As you can see, the TD Aeroplan Visa Platinum Card is best for Air Canada purchases and some common expenses like gas and groceries. That said, the card becomes even more valuable when you use it at partner brands. The rewards system alone is enough to deem this card one of the best TD credit cards in Canada for a low Annual Fee.
How to Redeem Points with the TD Aeroplan Visa Platinum Card
There are a handful of ways you can redeem your Aeroplan points once you’ve earned them.
Specific redemption categories include:
- Aeroplan Flights: Redeeming your points towards Air Canada and partner airline flights.
- Car Rentals: Using points to make transportation arrangements at car rental locations across the globe.
- Vacation Packages: Booking your entire trip with Aeroplan and Air Canada Vacations, including activities and travel experiences.
- Hotel Stays: Using points to check-in to partner hotels.
- Merchandise: Redeeming points towards eligible products provided by partner brands.
- Gifts Cards: Using points to purchase eligible gift cards from participating brands.
Based on the information above, the best way to redeem your TD Aeroplan Visa Platinum Card points is to put them towards Air Canada and partner flights.
For a more detailed breakdown on these categories, check out our Aeroplan Points Value Calculator.
Benefits and Perks
4 Benefits of the TD Aeroplan Visa Platinum Card
Below, we’ve listed the top reasons why you might want to apply for the TD Aeroplan Visa Platinum Card.
For starters, the TD Aeroplan Visa Platinum Card’s Annual Fee is relatively low when compared to other Aeroplan Cards on the Canadian market. The best part? This Annual Fee is waived for the first year of membership.
Cardholders can also collect a decent amount of extra Aeroplan points on their first purchase and when certain spending thresholds are met within the first few months of membership.
If you weren’t particularly impressed by the initial point potential offered by this card, you’ll be pleased to hear that there are a couple of ways to earn extra rewards.
First, cardholders can earn double the Aeroplan points at over 150 Aeroplan partner brands and at more than 200 online retailers via the Aeroplan eStore.
Secondly, spenders can collect more Aeroplan points and Starbucks Stars at participating Starbucks stores when they link their TD Aeroplan Visa Platinum Card to their Starbucks account, covering future sips and trips.
Members can also save on rental cars at participating Avis Rent a Car and Budget Rent a Car locations. The best discounts are on base rates provided by Canadian and U.S. locations, followed by a slightly lower rate provided by international locations.
Drawbacks and Considerations
3 Downsides to the TD Aeroplan Visa Platinum Card
There are few drawbacks to consider.
As you may have noticed, the TD Aeroplan Visa Platinum Card offers a low earning rate of 1 point per $1.50 spent on non-categorical purchases. This means that this card isn’t as strong for purchases besides Air Canada travel and gas and groceries.
Similarly, these Aeroplan points are most valuable when redeemed towards Aeroplan flights, which is great for frequent flyers, but not as good for those who’d like to put their points elsewhere.
While the TD Aeroplan Visa Platinum Card includes important protections like flight and baggage delay insurance, travel accident insurance, and car rental damage and theft insurance, it’s missing valuable categories like trip interruption and trip cancellation insurance, plus emergency medical coverage.
Compare to Similar Cards
Comparison to Other Aeroplan Credit Cards in Canada
If you’re still reading this review, you’re likely interested in an Aeroplan-point-earning credit card. To help you decide whether the TD Aeroplan Visa Platinum card is the right Aeroplan point earner for you, we’ve compared it against other leading Aeroplan credit cards below.
To learn more, read our Best Aeroplan Credit Cards in Canada post.
TD Aeroplan Visa Platinum Card vs TD Aeroplan Visa Infinite Card
The TD Aeroplan Visa Infinite Card offers slightly better point-potential on Air Canada purchases and common expenses like gas and groceries. The overall optimization on all other purchases is also superior. Like the TD Aeroplan Visa Platinum Card, you’ll still earn double the points on partner purchases and Starbucks runs, plus additional benefits like free first checked bags, a Nexus Program rebate, and Troon Rewards Golf benefits. In terms of coverage, the TD Aeroplan Visa Infinite Card has the Platinum Card beat with travel medical insurance, trip interruption and trip cancellation insurance, and mobile device insurance.
The catch? This card comes with some annual income requirements and a higher annual fee, although, thankfully, the annual fee is also waived during the first year of membership.
TD Aeroplan Visa Platinum Card vs TD Aeroplan Visa Infinite Privilege Card
For premium point potential and perks, applicants can also go for the TD Aeroplan Visa Infinite Privilege Card. This contender offers better optimization on Air Canada and common everyday expenses (including dining), plus a better overall base rate. The insurance is also superior, but the best part is probably the extensive benefits list, including priority travel perks, free first checked bags, airport lounge access, status lifts, and an annual companion voucher.
Keep in mind, however, that this card comes with high annual income requirements and a pricey annual fee.
TD Aeroplan Visa Platinum Card vs American Express Aeroplan Reserve Card
Recognized as one of the highest ranking Aeroplan cards, the American Express Aeroplan Reserve Card offers competitive Aeroplan points on Air Canada purchases, dining, and all other eligible purchases. Insurance coverage includes valuable protections like travel medical coverage, trip interruption and trip cancellation insurance, and hotel burglary insurance. Cardholders can also indulge in unlimited Maple Leaf Lounge access, priority travel perks, an annual companion voucher and more.
Luckily, this premium contender avoids annual income requirements. However, cardholders are still expected to pay a high annual fee.
TD Aeroplan Visa Platinum Card vs American Express Cobalt Card
While technically not an Aeroplan-branded credit card, the American Express Cobalt Card earns cardholders impressive American Express Membership Rewards points on everyday purchases. These points can then be transferred to Aeroplan at a 1:1 ratio, offering travellers more flexibility along with better coverage and enticing perks like a hotel travel credit. Just mind the higher annual fee!
Frequently Asked Questions
This card is best for budget-conscious travellers who fly frequently with Air Canada and want to collect Aeroplan points without paying a high Annual Fee. However, frequent travellers who want premium perks and insurance might prefer a high-tier option.
Some downsides to note are:
- Low point potential on non-categorical purchases
- Niche high-value point redemptions (best redeemed towards Aeroplan flights)
- A lack of valuable coverage categories like trip interruption, trip cancellation, and travel medical insurance
Your Aeroplan points will not expire as long as you remain a TD Aeroplan Visa Platinum Cardholder.
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TD® Aeroplan® Visa Platinum* Card Points Calculator
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