When choosing an Aeroplan card, you may find yourself comparing the CIBC Aeroplan vs. the TD Aeroplan Visa Infinite Privilege Credit Card. It's near impossible to say that one card is ultimately better than the other, but the CIBC card is definitely the best choice for seniors who need travel insurance, and the TD option is best for NEXUS rebates.
This article reviews each of these Aeroplan cards in detail, breaking things down into categories to see which has better insurance coverage, travel benefits, and more.
Key Takeaways
- Both the CIBC and TD Aeroplan VIP cards charge an annual $599 fee with the opportunity for a partial rebate.
- You’ll earn up to 2 points per $1 for Air Canada travel with both cards.
- The CIBC Aeroplan Visa Infinite Privilege Card offers better insurance for seniors.
Never miss an amazing deal again + get our bonus 250+ page eBook for FREE. Join 50,000 other Canadians who receive our weekly newsletter – learn more.
CIBC Aeroplan Visa Infinite Privilege vs. TD Aeroplan Visa Infinite Privilege at a glance
If you want a quick rundown of how the CIBC Aeroplan Visa Infinite Privilege Card and TD Aeroplan Visa Infinite Privilege Credit Card compare, take a look at each card's features:
| Feature | CIBC Aeroplan Visa Infinite Privilege Card | TD Aeroplan Visa Infinite Privilege Credit Card |
|---|---|---|
| Annual fee | $599 (with the opportunity for a partial rebate) | $599 (with the opportunity for a partial rebate) |
| Welcome bonus | Up to 85,000 bonus points (terms) | Up to 85,000 bonus points (terms) |
| Maximum rewards | 2 points per $1 | 2 points per $1 |
| Highest earning categories | Travel through Air Canada | Travel through Air Canada |
| Insurance | 12 types | 12 types |
| Special feature | * Pace It installment payment option * $200 CAD NEXUS fee rebate every 4 years | * Card crafted with metal and luxurious designs * Up to $400 CAD NEXUS fee rebates every 48 months |
| Best for | High-income cardholders who bank with CIBC | High-income cardholders who bank with TD |
| Get started | Apply now | Apply now |
What we love about the CIBC Aeroplan Visa Infinite Privilege Card
Pros:
- Welcome bonus of up to 85,000 Aeroplan points
- Free first checked bags on Air Canada
- Preferred Pricing on Aeroplan flight rewards from time to time
- 12 types of insurance
- Unlimited Maple Leaf Lounge access
- Annual Worldwide Companion Pass ($99 to $599 plus taxes and fees) when you spend $25,000
Cons:
- $599 annual fee
- High income requirements of $150,000 personal or $200,000 household
- Only high-value reward is redeeming for Air Canada flights
CIBC offers over 2 dozen credit cards, but the CIBC Aeroplan Visa Infinite Privilege Card is the most premium card you can get. You'll get double the points for shopping with the Aeroplan eStore, plus enjoy all the Aeroplan perks like lounge access, free checked bags, priority check-in and boarding, and an extra free night stay when you book 3 nights at a hotel using your Aeroplan points.
The CIBC Aeroplan Visa Infinite Privilege Card offers slightly better insurance than the TD card – especially for those over 65. If you travel frequently and want the best coverage, the higher insurance limits might tip the scales in favour of this card. Plus, if you have a CIBC Smart account, you'll save $139 on the annual fee.
Rewards:
- 2 points per $1 spent on Air Canada
- 1.5 points per $1 spent on gas, EV charging, groceries, dining, and travel
- 1.25 points per $1 spent on all other purchases
What we love about the TD Aeroplan Visa Infinite Privilege Credit Card
×3 Award winner 
Pros:
- Welcome bonus of up to 85,000 Aeroplan points
- Free first checked bags on Air Canada
- Preferred Pricing on Aeroplan flight rewards
- 12 types of insurance
- Unlimited Maple Leaf lounge access
- Annual round-trip companion pass from $99 (plus taxes and fees) when you spend $25,000
Cons:
- $599 annual fee
- High income requirements of $150,000 personal or $200,000 household
- Only high-value rewards are redeeming for Air Canada flights
Rest assured, the TD Aeroplan Visa Infinite Privilege Credit Card comes with the same Aeroplan perks and benefits as the CIBC card. The card is simply issued by a different big bank. On the other hand, it also offers a better NEXUS rebate – the $100 credit can be claimed up to 4 times over 4 years.
If you're already paying for a TD All-Inclusive Banking Plan, you'll want to go with the TD Aeroplan VIP since you'll get a $139 rebate for the card's annual fee.
Rewards:
- 2 points per $1 spent on Air Canada
- 1.5 points per $1 spent on eligible gas, electric vehicle charging, groceries, travel & transit and dining
- 1.25 points per $1 spent on all other purchases
How do the CIBC Aeroplan VIP and TD Aeroplan VIP compare?
Credit cards often vary by tier, but cards within the same tier are typically quite similar, even when issued by different banks.
Best benefits: CIBC Aeroplan Visa Infinite Privilege Card
These cards offer many of the same benefits: rental car discounts with Avis and Budget, qualifying status with Aeroplan, and Visa Infinite Privilege benefits that give you personalized access to luxury hotels, exclusive dining opportunities, and complimentary concierge services.
One of the few differences in benefits is flexibility in payment. CIBC offers Pace It, which allows you to break large purchases into installments so they're easier to pay off over time.
The main benefit that TD has over CIBC comes down to a valuable benefit: a NEXUS rebate. Both cards give a rebate every 4 years, but the amounts vary. The TD Aeroplan Visa Infinite Privilege Credit Card only gives a $100 CAD credit, but this can be claimed up to 4 times in the 48-month period – the $200 rebate offered by the CIBC card can only be claimed once.
Plus, if you're a Starbucks fan, you can link your TD card to your Starbucks Rewards account for 50% more Stars on your purchases.
Best insurance: CIBC Aeroplan Visa Infinite Privilege Card
First, let's highlight how great the insurance package is with both the CIBC and TD cards. Here's what you'll get from both:
- Extended warranty: 2 years
- Mobile device: $1,500
- Travel accident: $500,000
- Emergency medical term: 31 days
- Emergency medical maximum coverage: $5,000,000
- Trip cancellation: $2,500
- Trip interruption: $5,000
- Flight delay: $1,000
- Baggage delay: $1,000
- Hotel burglary: $2,500
- Rental car theft and damage
Now for the differences. Although the CIBC card has 180 days of purchase protection (compared to TD's 120 days), the TD Aeroplan Visa Infinite Privilege Credit Card includes $2,500 of lost or stolen baggage coverage (compared to $1,000 in similar coverage with CIBC).
What really sets these cards apart is the emergency medical care over 65 – you'll only get 4 days of coverage with the TD card, but CIBC gives you 10 days. It can be difficult to find solid coverage for seniors, so this is a serious perk.
Best rewards: tie
Both cards earn 2 points per $1 spent directly through Air Canada for travel and 1.5 points per $1 spent on gas, groceries, travel, and dining. All other purchases earn you 1.25 points per $1 spent.
Highest acceptance: tie
As top-tier Visa cards, both cards will be readily accepted by merchants around the world.
Interest fees: tie
The CIBC and TD Aeroplan cards both charge the same interest rate, which is fairly standard across most credit cards.
| Interest type | Rates |
|---|---|
| Purchases | 21.99% |
| Cash advances | 22.99% |
| Balance transfers | 22.99% |
Lowest annual fee: tie
Both banks charge a whopping $599 per year for the privilege of keeping this card in your wallet. That said, they also give you the opportunity to get a partial rebate every year. If you have a TD All-Inclusive Banking Plan or a CIBC Smart Account, you'll get a $139 annual fee rebate towards your Aeroplan VIP card.
Lowest eligibility requirements: tie
As is standard for Visa Infinite Privilege cards, both CIBC and TD require a minimum of $150,000 personal or $200,000 household income per year. These numbers are steep, but these are super-premium cards with excellent perks and benefits, so the requirements aren't surprising.
Interested in a premium Aeroplan card but don't meet the income requirements? Check out the Aeroplan Visa Infinite cards offered by these banks. The card has a lower income requirement and a more palatable annual fee.
The winner: tie
The perks and benefits of these cards are so similar that we're essentially splitting hairs to choose a winner. However, if you value specific features in a credit card, you might be swayed to choose one issuer over another.
If you're a senior and you value insurance coverage while you're travelling, the CIBC Aeroplan Visa Infinite Privilege Card might be your best choice. If you want to earn more Stars at Starbucks, you might opt for the TD Aeroplan Visa Infinite Privilege Credit Card, which rewards you when you link your card.
FAQ
What are the differences between CIBC and TD Aeroplan cards?
In the matchup of CIBC Aeroplan Visa Infinite Privilege Card vs TD Aeroplan Visa Infinite Privilege Credit Card, the cards are almost too close to call. That said, the insurance coverage and NEXUS rebate vary slightly between them, which can help you decide which option is best for you.
What's the best Aeroplan credit card in Canada?
Our favourite credit card in Canada also happens to be the best one for earning Aeroplan points. Although the American Express Cobalt Card earns Amex Rewards points, you can transfer them to Aeroplan. The beauty is that this Amex allows you to earn up to 5 points per $1 spent on popular categories.
Is the CIBC Aeroplan Visa Infinite Privilege Card worth it?
If you don't mind paying the hefty annual fee and you meet the steep income requirements, you'll probably get quite a bit of value from the credit card. After all, the NEXUS rebate is worth $200 CAD and the travel insurance is very generous - especially for seniors.
Does CIBC Aeroplan Visa Infinite Privilege Card give you lounge access?
You'll get some of the best airport lounge access with this card. In addition to unlimited Maple Leaf Lounge access, you'll enjoy 6 free visits through the Visa Airport Companion Program. Keep in mind that this is the same lounge access you'd get with the TD Aeroplan Visa Infinite Privilege Credit Card.
creditcardGenius is the only tool that compares 126+ features of 245 Canadian credit cards using math-based ratings and rankings that respond to your needs, instantly. Take our quiz and see which of Canada's 245 cards is for you.
GC: 
Comments
Leave a comment
Required fields are marked with *. Your email address will not be published.