TD Aeroplan Visa Business Card Review
Earn up to $1,450 in value in the first year. Conditions apply. Must apply by December 5, 2021.
Recommended Credit Score:
670 900
Average to Excellent
$1450
Welcome Bonus Value
$149
Annual Fee
14.99%
Purchase Interest Rate
NA
Min Personal Required
TD  Aeroplan Visa Business Card
My Rate Compass Rating: star star star star_outline star_outline (3)
Bank Name:TD Canada Trust
Network Type:VISA
TD Aeroplan Visa Business Card
Welcome Bonus
Earn up to $1,450 in value in the first year. Conditions apply. Must apply by December 5, 2021.
Annual Fee
$149
TD  Aeroplan Visa Business Card
Card Details
TD Aeroplan Visa Business Card Review


Limited Time Offer

Earn up to $1,450 in value in the first year. Conditions apply. 
 
Apply by December 5, 2021 to earn up to $1,450 in value (assuming you take one round-trip Air Canada flight and add an Additional Cardholder to your account in the first year) as follows:
  • As a new Cardholder, you could earn a bonus Buddy Pass that can score you a second ticket when you book an economy ticket to bring anyone along anywhere Air Canada flies in North America, Including Hawaii and Mexico. On the second ticket, you only pay the taxes and third-party charges. You’ll receive the one-time use pass when you spend $1,000 within 90 days of Account opening, and you have a whole year to use it(a value of $350).
  • Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card1(a value of $200).
  • Earn 2x the Aeroplan points for the first 3 months up to 20,000 Aeroplan points1(a value of $400).
  • Get an annual fee rebate for the first year(a value of $198, assuming you add an Additional Cardholder to your account in the first year).
  • Enroll for NEXUS and once every 48 months get an application fee rebate(a value of up to $125, assumes both the Primary Cardholder and Additional Cardholder use the NEXUS Benefit). Additional Cardholders can also take advantage of this NEXUS fee rebate.
  • Share free first checked bags(a value of $120 for 2 travellers for each round-trip flight, assuming you take one round-trip Air Canada flight in the first year).
  • Get access to Maple Leaf Lounges10(a value of $100).



Earn 2 points

for every $1 you spend on eligible Air Canada® purchases, including Air Canada Vacations®

Earn 1.5 points

for every $1 you spend on eligible purchases for travel, dining and select business categories such as shipping, internet, cable and phone services made on your Card

Earn 1 point
for every $1 you spend on all other eligible purchases on your Card

Earn points twice
when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 170+ online retailers via the Aeroplan eStore.
Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance Yes
  • Vehicule rental insurance Yes
  • Travel accident insurance Yes
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $149
  • Additional Card Fee: $0
  • Purchases Interest Rate: 14.99%
  • Cash Advance Interest Rate: 22.99%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star_outline star_outline (3)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons

 

  • Free First Checked Bag
    Travel lightly through the airport and save on baggage fees. The Primary Business Cardholder, Additional Cardholders, and travel companions (up to eight) travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when travel originates on an Air Canada flight.

    All Additional Cardholders must link their Aeroplan number to receive access to eligible Air Canada travel benefits.
  • Maple Leaf Lounge One-Time Guest Passes
    Relax before take-off, using your Maple Leaf Lounge guest pass. The Primary Business Cardholder will earn a pass for every $10,000 of net purchases (less any returns and credits), up to a maximum of four passes a year. Passes can be used by the Primary Business Cardholder or Additional Cardholders and their guest, at select Maple Leaf Lounges in North America with a same day ticket on a departing Air Canada flight.

  • Travel Medical Insurance:
    Up to $2 million of coverage for the first 15 days. If you or your spouse is aged 65 or older, you have coverage for the first 4 days. Additional top-up coverage is available.

  • Trip Cancellation/Trip Interruption Insurance:
    For Trip Cancellation, up to $1,500 of coverage per insured person, with a maximum of $5,000 for all insured persons, and for Trip Interruption, up to $5,000 of coverage per insured person, with a maximum of $25,000 for all insured persons on the same covered trip.

  • Flight/Trip Delay Insurance:
    Up to $500 in coverage per insured person if your flight/trip is delayed for over 4 hours.

  • Common Carrier Travel Accident Insurance:
    Up to $500,000 of coverage for covered losses while travelling on a common carrier (for example, a bus, ferry, plane, train, or auto rental).

  • Delayed and Lost Baggage Insurance:
    Up to $1,000 overall coverage toward the purchase of essentials, such as clothes and toiletries, if your baggage is delayed for over 6 hours or lost.
  • Auto Rental Collision/Loss Damage Insurance:
    Coverage for up to 48 consecutive days.

  • Hotel/Motel Burglary Insurance:
    Up to $2,500 of coverage per occurrence for eligible personal items stolen from your hotel/motel room that belong to the Cardholder on the Account and eligible family members travelling with the Cardholder.

  • Emergency Travel Assistance Services:
    Help is just a call away. Toll-free access to help in the event of a personal emergency while travelling.

  • Statement Credits For NEXUS Holders:
    Once every 48 months, each Cardholder on the Account will receive a rebate of up to $100CAD for a NEXUS enrolment application and/or renewal fee.
Editor's Review

 

This is TD's second business rewards credit card. This card carries an annual fee of $149 for the primary cardholder and $49 for each additional cardholder. The annual interest rate is 14.99% on purchases and 22.99% on cash advances.


Like its personal counterpart, cardholders earn Aeroplan points that they can redeem for Air Canada flights. Cardholders earn 1.5 points for every $1 spent on travel and fuel purchases and 1 point per $1 spent on all other eligible purchases. Aeroplan miles do not expire, and cardholders can redeem them for any seat on any Air Canada flight; there's no need to worry about blackout dates or seat restrictions.


Additional benefits include one complimentary checked bag; priority check-in and boarding; one annual guest pass to an Air Canada Maple Leaf Lounge; travel insurance; rental car discounts; and access to the TD Card Management Tool.


There is no income requirement to apply for this card. Cardholders simply must be Canadian residents who have reached the age of majority in their province or territory.



The bottom line:
The TD Aeroplan Visa is the perfect card for businesses seeking specifically to earn travel rewards. The additional baggage, check-in, and airport lounge benefits of this card are an added bonus that any frequent business traveler will appreciate.