New TD Aeroplan Credit score Card Affords for Summer time 2023

TD has just announced its Summer 2023 credit card offers, and the TD Aeroplan Visa Infinite Card as a new all-time-high welcome bonus.

The best-ever offers on the TD Aeroplan Visa Infinite Privilege and the TD Aeroplan Visa Platinum have been extended, and the TD Aeroplan Visa Business has seen a slight drop paired with a much easier minimum spending requirement.

Let’s take a closer look at the details of these offers, which are available until September 5, 2023.

TD Aeroplan Visa Infinite: 70,000 Aeroplan Points!

The TD Aeroplan Visa Infinite Card has come out with an all-time-high welcome bonus of up to 70,000 Aeroplan points. This is an increase from the previous record of 55,000 points which we saw in Winter 2023.

However, note that unlike in previous rounds of the offer, the $139 annual fee is not waived for the first year.

To earn the full bonus, you’ll have to meet the following conditions:

• Earn 10,000 Aeroplan points with your first purchase
• Earn an additional 40,000 Aeroplan points when you spend $5,000 in the first 180 days
• Earn an anniversary bonus of 20,000 Aeroplan points when you spend $7,500 in the first year

A bonus of 70,000 Aeroplan points is an all-time high for the card, and amongst the best offers ever on a mid-tier Aeroplan credit card in Canada. 

Like the premium card, the TD Aeroplan Visa Infinite requires you to keep the card for a second year to earn the full welcome bonus. Otherwise, the first-year bonus drops to 50,000 Aeroplan points.

However, the anniversary bonus of 25,000 points would definitely justify paying a $139 annual fee for the second year – and that’s not factoring in a potential annual fee waiver by holding a TD premium chequing account.

As a reminder, here are the Visa Infinite card’s earn rates on ongoing spending:

• Earn 1.5 Aeroplan points per dollar spent on groceries, on gas, and at Air Canada
• Earn 1 Aeroplan points per dollar spent on other purchases

And these are a few key benefits for cardholders:

• Preferred pricing for Aeroplan award tickets on Air Canada flights
• Free checked bag for you and your party on Air Canada flights
• NEXUS rebate once every four years

The Visa Infinite card requires either $60,000 in annual personal income, or $100,000 in annual household income, to qualify.

TD Aeroplan Visa Infinite Privilege: 115,000 Aeroplan Points!

The TD Aeroplan Visa Infinite Privilege Card is offering a welcome bonus of 115,000 Aeroplan points, the all-time high for the premium card – although the structure of the welcome bonus means you’ll need to keep the card for a second year. We first saw this offer debut in Winter 2023, and it has been extended through to September 5, 2023.

To earn the full bonus, you’ll have to meet the following conditions:

• Earn 20,000 Aeroplan points with your first purchase
• Earn an additional 60,000 Aeroplan points when you spend $7,500 in the first 180 days
• Earn an anniversary bonus of 35,000 Aeroplan points when you spend $12,000 in the first year

While the spending requirement is high, it’s only an average of $1,250 per month in the first six months and $1,000 per month in the first 12 months, which is quite low compared to other premium credit card offers. Besides, the bonus is well worth it, enough for a round-trip business class flight from Western Canada to Japan.

This card has an annual fee of $599, and you’ll need to renew the card for a second year to capture the full welcome bonus. If you’d prefer to only keep the card for the first year, you’d come away with only 80,000 Aeroplan points, which still isn’t a bad deal.

As always, the card’s everyday earn rates are as follows:

• Earn 2 Aeroplan points per dollar spent at Air Canada, including Air Canada Vacations
• Earn 1.5 Aeroplan points per dollar spent on groceries, gas, travel, and dining
• Earn 1.25 Aeroplan points per dollar spent on other purchases

In addition to the travel benefits offered by the lower-tier cards, the Visa Infinite Privilege card also comes with a DragonPass membership and six lounge passes per year, as well as Maple Leaf Lounge access. Plus, your spending on the card will help earn Status Qualifying Miles or Segments towards Aeroplan Elite Status.

The Visa Infinite Privilege card requires $150,000 in annual personal income or $200,000 in annual household income to qualify.

TD Aeroplan Visa Platinum: 20,000 Aeroplan Points

The TD Aeroplan Visa Platinum Card is once again holding steady at 20,000 Aeroplan points for new cardholders. Like its Visa Infinite counterpart, this card is free for the first year.

The welcome bonus is as follows:

• Earn 10,000 Aeroplan points with your first purchase
• Earn an additional 10,000 Aeroplan points when you spend $1,000 in the first 90 days

Usually, welcome offers at this level are reserved for cards with a higher income requirement. If this card is a better fit for you, or if you’ve been ignoring it in favour of premium products, you can get this bonus if you apply before September 5, 2023.

While the welcome bonus shines, ongoing earn rates aren’t quite as strong as the Visa Infinite:

• Earn 1 Aeroplan point per dollar spent on groceries, on gas, and at Air Canada
• Earn 1 Aeroplan point per $1.50 spent on other purchases

The Visa Platinum card also provides preferred pricing and Aeroplan award ticket insurance, but it doesn’t offer free checked bags or a NEXUS rebate.

TD Aeroplan Visa Business: 50,000 Aeroplan Points

Turning our attention to business credit cards, the TD Aeroplan Visa Business Card has dropped its offer down from 60,000 Aeroplan points to 50,000 Aeroplan points, albeit with a much more attainable spending requirement. The current offer is broken down as follows:

• Earn 10,000 Aeroplan points with your first purchase
• Earn an additional 30,000 Aeroplan points when you spend $5,000 in the first 90 days
• Earn an additional 5,000 Aeroplan points for setting up a new recurring bill payment, up to a maximum of two

While the value of the minimum spending requirement is the same as the one on the TD Aeroplan Visa Infinite, you’ll have a shorter time frame to meet it. However, it’s nice to see the first year annual fee waiver has remained as well.

It’s interesting that you can earn up to 10,000 Aeroplan points simply by setting up two new recurring bill payments on the card. In the previous offer, there was a hefty $5,000 monthly spending requirement that required you to spend $60,000 to maximize the welcome bonus. Adding two bill payments is a much easier task.

If you can maximize the card’s perks (similar to the Visa Infinite above) and everyday earn rates on non-Amex business expenses, this card might still be a good choice:

• Earn 2 Aeroplan points per dollar spent at Air Canada
• Earn 1.5 Aeroplan points per dollar spent on shipping, internet, cable, phone, dining, and travel
• Earn 1 Aeroplan point per dollar spent on other purchases

It’s relatively easy to get approved for business credit cards with TD as a sole proprietor. If you’re interested, I’d suggest setting up an appointment with a representative at a branch to ensure smooth sailing.

Conclusion

TD remains one of Canada’s leading credit card issuers, with strong new offers on their Aeroplan credit cards for Summer 2023.

You can earn a substantial number of Aeroplan points through each of TD’s co-branded cards. Although the personal core and premium cards are offering all-time-high levels of welcome bonuses, keep in mind that the anniversary bonus structure requires you to keep the card into a second year. 

Still, if you’ve been sleeping on TD, now would be a stellar time to ramp up and apply for these TD Aeroplan credit cards to take advantage of some excellent bonuses through September 5, 2023.