The TD Aeroplan Visa Card is TD’s entry-level no-annual-fee Aeroplan credit card — earning Aeroplan points directly on eligible purchases without the fees of TD’s Platinum, Infinite, or Infinite Privilege Aeroplan cards. As one of two Aeroplan co-issuers in Canada (alongside CIBC), TD offers a full lineup of Aeroplan Visa cards, with the basic Aeroplan Visa as the accessible starting point for TD banking clients and light Aeroplan earners.
Quick Verdict
Best for: TD banking clients who want to earn Aeroplan points on everyday spending at no cost — particularly those who spend under $750/month or don’t meet the income requirements for the Platinum or Infinite tiers.
Not ideal for: Those who spend $750+/month (TD Aeroplan Visa Platinum at $89/year is likely more valuable), or those who travel frequently on Air Canada (TD Aeroplan Visa Infinite is the appropriate mid-tier card).
Key Card Details
| Feature | Detail |
|---|---|
| Annual fee | $0 |
| Additional cardholder fee | Verify at td.com |
| Purchase interest rate | Verify at td.com |
| Cash advance rate | Verify at td.com |
| Foreign transaction fee | 2.5% — verify at td.com |
| Income requirement | None for basic Visa tier |
| Network | Visa |
| Rewards | Aeroplan Points (direct) |
| Welcome bonus | Verify current offer at td.com |
Card terms, earn rates, and all features are subject to change. Verify all current details at td.com before applying.
Earn Rates
Verify all current earn rates at td.com.
| Spending Category | Aeroplan Points |
|---|---|
| Air Canada purchases | Elevated — verify at td.com |
| Grocery stores | Elevated — verify at td.com |
| Gas stations | Elevated — verify at td.com |
| All other eligible Visa purchases | Base rate — verify at td.com |
TD Aeroplan Card Lineup
| Card | Annual Fee | Earn Rates | Air Canada Perks | Insurance |
|---|---|---|---|---|
| TD Aeroplan Visa | $0 | Entry (verify) | Basic earning | Minimal |
| TD Aeroplan Visa Platinum | $89 | Better (verify) | More benefits | Some |
| TD Aeroplan Visa Infinite | $139 | Strong (verify) | Priority services | Travel insurance |
| TD Aeroplan Visa Infinite Privilege | $599 | Best | Maple Leaf Lounge | Comprehensive |
Fee break-even calculation:
To determine if TD Aeroplan Platinum ($89/year) is better than the basic Visa ($0/year):
- If Platinum earns 0.5 more Aeroplan points per dollar, on $1,500/month spend = 9,000 extra points/year
- 9,000 Aeroplan points ≈ $90–$180 in travel value
- Net: Platinum wins at $1,500+/month spend
Verify the exact earn rate differential at td.com and do the math for your spending level.
Fees and Rates
| Fee | Amount |
|---|---|
| Annual fee | $0 |
| Purchase interest rate | Verify at td.com |
| Cash advance rate | Verify at td.com |
| Foreign transaction fee | Verify at td.com (typically 2.5%) |
TD vs. CIBC Aeroplan Visa (No-Fee Tier Comparison)
Both TD and CIBC issue entry-level no-fee Aeroplan Visa cards with nearly identical structures:
| Factor | TD Aeroplan Visa | CIBC Aeroplan Visa |
|---|---|---|
| Annual fee | $0 | $0 |
| Network | Visa | Visa |
| Earn structure | Aeroplan direct | Aeroplan direct |
| Banking synergy | TD banking clients | CIBC banking clients |
| Application | td.com | cibc.com |
Choose the TD card if you bank with TD; choose the CIBC card if you bank with CIBC. The products are functionally equivalent at the entry tier.
Who Is the TD Aeroplan Visa Card Best For?
Ideal cardholders:
- TD banking clients who want a no-cost Aeroplan-earning card on their everyday Visa spending
- Light card users (under $500–$750/month) for whom a $89–$139 annual fee doesn’t make sense
- Those new to Aeroplan who want to start accumulating points at no cost before upgrading
- Those who maintain the card as a secondary earner alongside a primary premium card
Less suitable if:
- You spend $750+/month — TD Aeroplan Visa Platinum ($89/year) likely delivers more value
- You’re a frequent Air Canada traveller — the Infinite tier’s insurance and Air Canada perks are more appropriate
- You’re not a TD client — the CIBC Aeroplan Visa serves the same role for CIBC clients
Bottom Line
The TD Aeroplan Visa Card is a functional no-annual-fee Aeroplan earner for TD banking clients who want to accumulate Air Canada miles on everyday spending at zero cost. For light spenders or those new to Aeroplan, it is an appropriate starting card.
However, most TD clients spending $750+/month on a credit card should evaluate the TD Aeroplan Visa Platinum ($89/year) or Visa Infinite ($139/year) — the higher earn rates on groceries, gas, and Air Canada typically generate enough additional Aeroplan points to justify the annual fee.
Card terms, Aeroplan earn rates, and features are subject to change. Verify all current details at td.com and aeroplan.com before applying.