"Is TD Aeroplan or CIBC Aeroplan better in Canada?"

"For most Canadians, the TD Aeroplan Visa Infinite is slightly better because it earns 1.5x Aeroplan on dining (CIBC earns 1x on dining) and includes the NEXUS fee credit. However, CIBC may be the better choice if: (1) CIBC is running a materially higher welcome bonus at the time you apply — bonuses can differ by 20,000–40,000 points; (2) CIBC is offering a first-year companion pass, which can save $200–$500 in travel costs. If you already bank with TD or CIBC, stick with your bank for seamless bill payment integration."

"Can you have both TD Aeroplan and CIBC Aeroplan cards?"

"Yes — you can hold both cards simultaneously. Both earn Aeroplan points that pool into a single Aeroplan account. Some Canadians hold both to capture each bank's welcome bonus in separate application windows (typically 24 months apart for the same card). However, holding both cards means paying $139 × 2 = $278/year in annual fees. Unless the welcome bonuses are very high, most Canadians are better served by one card plus a supplementary earner like the Amex Cobalt for the 5x dining/grocery earn."

"Do TD Aeroplan and CIBC Aeroplan have the same travel insurance?"

"Both cards include comprehensive travel insurance that is similar in scope: emergency out-of-province medical (up to $2M), trip cancellation, trip interruption, flight delay, lost/delayed baggage, travel accident, and rental car collision/loss damage. The specific coverage limits, stability clauses, and exclusions may differ between TD and CIBC's insurance underwriters. Always read the current certificate of insurance for each card — do not rely on marketing summaries alone."

"What is the welcome bonus difference between TD and CIBC Aeroplan?"

"Welcome bonuses for both TD and CIBC Aeroplan Visa Infinite cards change frequently — sometimes monthly. At any given time, one issuer may offer 10,000–40,000 more Aeroplan points than the other. Check both offers simultaneously at the official TD and CIBC websites before applying. Welcome bonuses typically require meeting a minimum spend threshold within the first 3–6 months (e.g., \"earn 20,000 bonus points after spending $1,500 in the first 3 months\"). Apply for whichever has the higher bonus if all else is equal."

"Which card is better for Air Canada flyers: TD or CIBC Aeroplan?"

"Both cards include the same Air Canada perks: free first checked bag for the cardholder and up to 8 companions on the same booking, priority check-in at Air Canada, and the NEXUS application fee rebate ($100 every 4.5 years). The in-flight and Air Canada perks are identical. The difference is the dining earn rate (TD = 1.5x, CIBC = 1x) — which matters if you frequently dine out before or after flights. For pure Air Canada loyalty benefits, they are equivalent."

TD Aeroplan Visa Infinite vs CIBC Aeroplan Visa Infinite (2026)

The TD Aeroplan Visa Infinite and CIBC Aeroplan Visa Infinite are as similar as two competing credit cards get — same $139 annual fee, same Visa network, nearly identical Air Canada perks, and both earn Aeroplan points. But there are real differences worth knowing before you apply.

Quick verdict: TD Aeroplan Visa Infinite wins for most Canadians — the 1.5x dining earn rate and consistency of perks make it the slightly stronger everyday card. Choose CIBC if their welcome bonus is materially higher or the companion pass is being offered.

Side-by-Side Comparison

Feature	TD Aeroplan Visa Infinite	CIBC Aeroplan Visa Infinite
Annual fee	$139	$139
Network	Visa	Visa
Income required	$60K personal / $100K household	$60K personal / $100K household
Earn — Air Canada	1.5x Aeroplan	1.5x Aeroplan
Earn — Grocery	1.5x Aeroplan	1.5x Aeroplan
Earn — Gas	1.5x Aeroplan	1.5x Aeroplan
Earn — Dining	1.5x Aeroplan	1x Aeroplan
Earn — Everything else	1x Aeroplan	1x Aeroplan
NEXUS fee rebate	✓ $100 every 4.5 years	✓ $100 every 4.5 years
Companion pass	No	Yes (first year, conditions apply)
Free checked bag	✓ Air Canada (+ 8 on booking)	✓ Air Canada (+ 8 on booking)
Priority check-in	✓ Air Canada	✓ Air Canada
Travel insurance	✓ Comprehensive	✓ Comprehensive
Emergency medical	Up to $2M	Up to $2M
Lounge access	None	None
Welcome bonus	Check current offer	Check current offer

Key Differences Explained

1. Dining Earn Rate: TD Wins

TD earns 1.5x Aeroplan on dining; CIBC earns 1x on dining.

The financial impact at different spending levels:

Monthly Dining Spend	TD Extra Points/Year	Value at 1.5¢/pt
$200/month	1,200 Aeroplan/year	~$18/year
$400/month	2,400 Aeroplan/year	~$36/year
$600/month	3,600 Aeroplan/year	~$54/year
$800/month	4,800 Aeroplan/year	~$72/year

TD earns an extra 0.5x = 0.5 Aeroplan per dollar at restaurants vs. CIBC.

For heavy diners and urban professionals eating out regularly, TD’s dining rate advantage compounds meaningfully over a year.

2. First-Year Companion Pass: CIBC Wins (Sometimes)

CIBC offers a first-year companion pass on select bookings — a second economy ticket at $99 + taxes on qualifying Air Canada routes. The value depends on the route:

Route	Retail Price (economy)	Companion Pass Saving
Toronto → Vancouver	~$400–$600	~$300–$500
Toronto → Calgary	~$350–$500	~$250–$400
Toronto → Halifax	~$300–$400	~$200–$300

If CIBC is actively offering the companion pass when you apply, and you fly Air Canada with a companion in the first year, this benefit alone can make CIBC the higher-value choice for year one.

Note: The companion pass is not always available — verify with CIBC at the time of application.

3. Welcome Bonus: Check Both at Application Time

Welcome bonuses for both cards fluctuate. A $20,000–$40,000 Aeroplan point difference is worth $300–$600 in award flights at 1.5–2¢/pt. This single factor often determines which card to choose.

At the time of applying: Open both td.com and cibc.com, compare the current welcome bonus amounts, and apply for whichever is higher — assuming all other factors are equal.

4. Banking Integration

Both cards integrate cleanly with their respective bank’s chequing account for automatic bill payment. There is no technical reason to choose one over the other on integration alone — use the bank you already have a chequing account with.

Who Should Choose TD Aeroplan Visa Infinite

You dine out regularly (restaurants, takeout, food delivery) — worth an extra ~$36–$72/year
You are already a TD banking client
The TD welcome bonus is equal to or higher than CIBC’s current offer
You want a consistent, year-over-year card without first-year gimmicks

Who Should Choose CIBC Aeroplan Visa Infinite

CIBC is offering a materially higher welcome bonus (check at application)
CIBC is offering the first-year companion pass and you’ll use it
You are already a CIBC banking client
You rarely dine out, so the dining earn gap doesn’t matter

Free first checked bag on Air Canada (cardholder + up to 8 companions on same booking)
Priority check-in at Air Canada
NEXUS application fee rebate ($100 every 4.5 years)
Emergency medical insurance up to $2M
Trip cancellation, trip interruption, flight delay, baggage, and rental car insurance
$139 annual fee
$60,000 personal / $100,000 household income requirement
Visa Infinite benefits (hotel upgrades, Visa Infinite concierge)

Verdict

TD Aeroplan Visa Infinite is the default winner for most Canadians — the dining earn rate edge is consistent, and there’s no dependency on a promotional offer being available.

CIBC Aeroplan Visa Infinite is the better choice when the welcome bonus is significantly higher or the companion pass is available — both of which are worth checking at the moment you’re ready to apply.

If you’re unsure: open both banks’ websites right now and compare welcome bonus offers. Apply for the higher one.

Card details and welcome bonus amounts change frequently. Always verify with the issuer before applying. See our Advertiser Disclosure.