What the Card Offers
TD markets the Aeroplan Visa Infinite as its everyday Air Canada card: up to 50,000 bonus points with a first-year fee rebate, 1.5x on gas, groceries and Air Canada, a free first checked bag and a full travel insurance package.
- 1.5x
Points on gas, groceries and Air Canada1
1.5 Aeroplan points per $1 on gas, EV charging, groceries and purchases made directly with Air Canada; 1 point per $1 on everything else.
- Free bags
First checked bag free2
First checked bag free for you and up to 8 companions on the same reservation, when travel starts on an Air Canada flight.
- $2M
Travel medical insurance3
Up to $2 million of emergency medical coverage for the first 21 days of a trip (4 days if you're 65 or older).
Show 4 more benefitsShow fewer
- $1,500
Trip cancellation coverage4
Trip cancellation up to $1,500 per person and trip interruption up to $5,000 per person.
- $100
NEXUS fee rebate5
A statement credit of up to $100 for a NEXUS application fee once every 48 months, for each cardholder.
- $0
First-year annual fee rebate6
The $139 annual fee is rebated for the first year if you activate the card and make a purchase within 3 months.
- 50,000
Welcome bonus points6
10,000 points on your first purchase, 15,000 after $3,000 in 90 days, and 25,000 after $12,000 in 12 months.
Benefits as advertised by the issuer. The conditions attached to them are in the Fine Print Report below.
Sources (6)
- TD Aeroplan Visa Infinite product page, footnote 5 (retrieved 2026-10-13)
- TD Aeroplan Visa Infinite product page, footnote 3 (retrieved 2026-10-13)
- TD Aeroplan Visa Infinite product page, footnote 10 (retrieved 2026-10-13)
- TD Aeroplan Visa Infinite product page, footnote 11 (retrieved 2026-10-13)
- TD Aeroplan Visa Infinite product page, footnote 4 (retrieved 2026-10-13)
- TD Aeroplan Visa Infinite product page, footnote 1 (retrieved 2026-10-13)
Points & Redemption
Rates: TD Aeroplan Visa product pages (retrieved 2026-10-13), redemption section and welcome-offer value footnote; Aeroplan Terms and Conditions for TD Credit Cards 599192 (04/25), section 3.1; CIBC Aeroplan Visa Infinite product page, welcome offer and footnote "aeroplan-redeem" (retrieved 2026-10-18). The CardTruth estimate is our own valuation, not a rate stated in the terms. The program states no fixed cash value, so what a point is worth depends on how you redeem it. Ranges marked est. are CardTruth estimates, from a conservative redemption to a typical one.
The Fine Print Report
Moderate fine print. The benefits are straightforward, but the welcome bonus and insurance have conditions worth reading.
Medical cover drops to 4 days at 65+Impact level: High
Travel medical covers 21 days if you're under 65, but only the first 4 days if you're 65 or older
Emergency travel medical insurance covers up to $2 million for the first 21 days of a trip for insured persons 64 or under. For anyone 65 or older, only the first 4 days are covered. Pre-existing conditions must be stable for 90 days before departure (180 days if 65+).
Why it matters: Most winter getaways for retirees run longer than 4 days; at 65 or older you'll need to buy separate travel medical insurance.
Bonus can be refused if you had one beforeImpact level: High
Aeroplan can refuse or take back the bonus if you've had a welcome bonus on a similar Aeroplan card from any bank
Under the Aeroplan program terms, bonus points may not be issued, and may be revoked, if you previously received welcome points for a new Aeroplan credit card of the same category with TD or another issuer. The offer also excludes anyone who opened any TD Aeroplan Visa account in the last 12 months.
Why it matters: If you've had a CIBC or TD Aeroplan Visa Infinite bonus before, approval for this card doesn't mean you'll get the points.
25k of the bonus needs a year and $12,000Impact level: Medium
Half of the 50,000-point bonus comes after a year, around when the $139 fee is first charged
The 25,000-point anniversary bonus requires $12,000 in net purchases within 365 days and the account to stay open and active for 12 months. The annual fee rebate only covers the first year, so the anniversary bonus arrives around the time the second-year $139 fee is billed.
Why it matters: Without $1,000 a month in spending, the bonus is 25,000 points. Keeping the card for the anniversary bonus means paying at least one annual fee.
Dining 1x; Air Canada bonus only if directImpact level: Medium
Dining earns 1x, Air Canada only earns 1.5x when booked directly, and bonus rates stop at $80,000 a year
The 1.5x rate covers gas, EV charging, groceries and purchases made directly with Air Canada. Air Canada flights bought through a travel agency or another website earn 1x, as do hotels and cars bought on aircanada.com from partners. Restaurants earn the base 1x. The bonus rate stops after $80,000 of combined annual purchases in those categories.
Why it matters: The card's earn rate is modest outside groceries and gas. A household that spends mostly on dining earns 1 point per dollar.
75% of the trip must go on the cardImpact level: Medium
Trip cancellation, delay and baggage cover require at least 75% of the trip cost charged to the card or paid in points
Trip Cancellation/Interruption, Flight/Trip Delay and Delayed/Lost Baggage only apply if at least 75% of the trip cost was paid with the card and/or Aeroplan points. Common Carrier Travel Accident requires the full fare on the card.
Why it matters: Trips paid partly with another card or a travel credit may not qualify. Book the whole trip on this card if you're counting on the coverage.
Show 6 more findingsShow fewer
2.5% FX fee, charged again on refundsImpact level: Medium
2.5% foreign currency fee, charged again when a foreign purchase is refunded
Purchases in a foreign currency are converted by Visa and charged a 2.5% foreign currency conversion fee. If a foreign purchase is refunded, TD deducts another conversion fee from the refund and does not return the fee it charged on the original purchase.
Why it matters: A $500 USD hotel deposit that's refunded in full costs you about 5% of its value in fees (2.5% going out, 2.5% coming back), plus any exchange-rate movement in between.
2 late payments: higher rates for a yearImpact level: Medium
Two late payments in 12 months move you to higher interest rates for at least a year
If TD doesn't receive your minimum payment on time twice within 12 consecutive statement periods, it raises your interest rates to the higher rates in your Disclosure Statement. The higher rates start the next statement period and only end after 12 consecutive on-time minimum payments.
Why it matters: If you ever carry a balance, two late payments make it more expensive for at least 12 months. Automatic minimum payments avoid this.
Missed payment: TD can debit other accountsImpact level: Medium
After one missed payment, TD can take money from your other TD accounts without notice
If your full minimum payment isn't received by the due date, the account is no longer in Good Standing. TD may then deduct money from any other account the Primary Cardholder has with the TD Bank Group, with or without notifying you, and may demand the full balance.
Why it matters: If your chequing or savings account is also at TD, a single missed payment can lead to a withdrawal you didn't schedule, which could bounce other payments.
Free bag only when trip starts on Air CanadaImpact level: Low
The free checked bag only applies when your travel starts on an Air Canada flight and you check in at the counter
The free first checked bag applies to flights operated by Air Canada, Air Canada Rouge or Air Canada Express when the journey starts on Air Canada and the bag is checked at the counter before security. Bags checked at the gate or with another airline don't qualify, and there's no extra benefit if your fare or status already includes a free bag.
Why it matters: Each cardholder must link their own Aeroplan number and be named on the reservation for the benefit to apply.
Phone claims lose 2% value per monthImpact level: Low
Mobile device claims are reduced by 2% for every month you've owned the phone, then a deductible
Mobile Device Insurance pays the lesser of repair or replacement cost, capped at the phone's depreciated value: the purchase price minus 2% for each completed month since purchase, minus a deductible of $25 to $100. Coverage starts 30 days after purchase.
Why it matters: TD's own example: an $800 phone lost after 8 months pays at most $572.
Gambling and money orders = cash advancesImpact level: Low
Lottery tickets, betting, money orders and similar purchases are treated as cash advances
TD treats Cash-Like Transactions, such as casino chips, betting, lottery tickets, travellers cheques and money orders, as cash advances. Cash advances have no interest-free grace period and earn no Aeroplan points.
Why it matters: Interest starts the day of the purchase even if you pay your statement in full, and cash advance fees may apply.
Who This Card Is For
Great fit if you...
- Fly Air Canada a few times a year
- Spend mostly on groceries and gas
- Want a free checked bag for the family
- Are under 65 and want included travel medical
- Haven't had an Aeroplan Infinite bonus before
Consider alternatives if you...
- Spend mostly on dining
- Are 65+ and take trips longer than 4 days
- Fly other airlines more than Air Canada
- Had an Aeroplan Visa Infinite bonus before
- Make many foreign-currency purchases
Welcome Bonus History
TD Aeroplan Infinite Welcome Bonus History
The Verdict
The Aeroplan Visa Infinite is a solid everyday card for Air Canada flyers: the free checked bag alone can cover the $139 fee on one family trip, and the insurance package is broad.
Watch the bonus conditions (half the points need $12,000 in spending and a first anniversary) and the 4-day travel medical limit at 65 or older. Dining earns only the base rate.
The Recommendation: A good fit if you fly Air Canada and spend mostly on groceries and gas. If you fly Air Canada often and spend heavily, the Aeroplan Visa Infinite Privilege adds lounge access; for flexible points, compare the Amex Cobalt.
Before you apply: This teardown is general information, not financial, legal or insurance advice, and reflects the issuer's documents as of October 2026. Terms, rates, fees and offers change, and the issuer's own agreement, disclosure statement, insurance certificates and program terms are what govern your card. Read them in full and confirm details with the issuer before you apply. Full disclaimer