TD Aeroplan Visa Business Card Review 2026: Is It Worth It in Canada?

The TD Aeroplan Visa Business Card bridges Air Canada loyalty and business expense management for Canadian companies of all sizes. At $149/year, it earns Aeroplan points on every dollar your business spends—rewarding frequent Air Canada flyers with rewards that can offset business travel costs.

Quick Verdict

Best for: Small-to-medium Canadian businesses whose principals or employees fly Air Canada regularly and want a straightforward Aeroplan-earning business card.

Not ideal for: Businesses that rarely fly Air Canada, prefer cash back over travel rewards, or want a premium card with lounge access (consider the TD Aeroplan Visa Infinite Privilege Business instead).

Key Card Details

Welcome Bonus

TD periodically offers welcome bonuses on this card—typically in the range of 10,000–20,000 Aeroplan points when you spend a set amount within the first few months. At a standard valuation of ~$0.02 per Aeroplan point, that’s roughly $200–$400 in potential travel value. Check TD’s website for the current offer, as it changes seasonally.

Earn Rates

Aeroplan points don’t expire as long as your account is active. Points earned by employee cardholders pool into the primary account, making this a practical way to accelerate Aeroplan balances through team travel and everyday business spending.

Redemption

Aeroplan points are most valuable when redeemed for Air Canada flights and partner airline awards. Canada-based redemptions:

• Short-haul economy flights within North America can start from 6,000–15,000 points
• Business class transatlantic awards offer exceptional value—often 70,000–100,000 points one-way
• Points transfer to Air Canada Café, hotel partners, and retail gift cards, though flight redemptions offer the best per-point value

At $0.015–$0.02 per point for flights, a business spending $5,000/month earns roughly 60,000 points per year—enough for a round-trip economy flight within North America.

Benefits and Perks

• No-fee employee cards — add team members at no additional cost
• Travel medical insurance — emergency medical coverage when travelling on a fare purchased with the card
• Trip cancellation/interruption insurance — protects prepaid, non-refundable travel costs
• Common carrier accident insurance — coverage for accidental death or dismemberment
• Auto rental collision/damage waiver — declines the rental agency’s collision damage waiver (saves ~$20–$30/day)
• Visa Business Benefits — access to Visa’s business reporting tools and purchase protections

Fees and Rates

Who Is This Card Best For?

The TD Aeroplan Visa Business Card suits Canadian business owners who:

• Fly Air Canada regularly for work trips or client visits
• Want a single card that pools Aeroplan rewards across an entire team
• Prefer a mid-range annual fee ($149) rather than a premium $400+ business card
• Value travel insurance bundled with their business card

If your business spends heavily on dining, groceries, or office supplies rather than Air Canada flights, a flat-rate cash back business card may offer better value.

Alternatives

Bottom Line

The TD Aeroplan Visa Business Card is a solid mid-tier business card for Canadian Air Canada loyalists. The $149 annual fee is offset quickly if your team earns enough Aeroplan points to book even one round-trip per year. Employee cards at no extra cost sweeten the deal for growing teams.

Disclaimer: Card terms, rates, and welcome bonus offers are subject to change. Verify all current details at td.com before applying.

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