New Aeroplan Credit Cards And Their Offers

creditcardGenius Team
updated on Jul 20, 2021
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Please note these offers are no longer available. You can find current offers here.

After much waiting (almost 4 years now!) the new Aeroplan program is finally here.

And at its side are some trusty Aeroplan credit card companions, including refreshed offerings from TD and CIBC, and brand new credit cards from American Express.

There are plenty of standard benefits that all these cards have (learn more about those here), but for now, here’s what these new Aeroplan cards earn for welcome bonuses and on all your purchases.

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TD Aeroplan Visa Infinite

First let’s go over the most popular Aeroplan credit card available – the TD® Aeroplan® Visa Infinite* Card.

It has a unique 2-step welcome bonus. First, you’ll earn 10,000 bonus points after your first purchase. Then if you spend $1,000 in the first 3 months, you’ll get an Air Canada Buddy Pass.

What’s a Buddy Pass, you may ask? It’s a one-time companion voucher you can use anywhere Air Canada flies within Canada, the U.S., and Mexico.

Simply book one flight for yourself, and bring someone else with you for just the taxes and fees. Just note that once you get the Buddy Pass, you only have one year to use it.

As for earning points on your purchases, you’ll get:

  • 1.5 points per $1 spent on gas, groceries, and Air Canada, and
  • 1 point per $1 spent on all other purchases.

These earn rates are very similar to what they were before the update, except you don’t earn bonus points on drugstore purchases.

However, the annual fee is now $129, up from the previous $120. The first year is still rebated for all new cardholders – and if you have the TD All-Inclusive chequing account, the annual fee is rebated every year.

TD also has 2 other Aeroplan credit cards you can take a look at. They are the:

  • TD Aeroplan Visa Infinite Privilege
  • TD Aeroplan Platinum Visa

American Express Aeroplan cards

American Express discontinued their AeroplanPlus cards back in August of 2020 to make way for 2 brand new Aeroplan cards.

Here’s the overview of both of them.

American Express Aeroplan Card

First, their entry level card – the American Express® Aeroplan®* Card.

To start, you’ll earn up to 15,000 bonus points – 9,000 after spending $1,500 in the first 3 months, and another 1,000 points every month you spend $500 in the first 6 months. And it comes with an Air Canada Buddy Pass after spending $1,500 in the first 3 months.

On all of your regular purchases, you’ll earn:

  • 2 points per $1 spent on Air Canada,
  • 1.5 points per $1 spent on restaurants, and
  • 1 point per $1 spent on all other purchases.

One point to note – this is a charge card. While very similar to credit cards, it has 2 distinct differences:

  • the balance needs to be paid in full every month, and
  • the card has no pre-set spending limit.

As for the annual fee, you’re looking at $120. And if you want to add authorized users to your account, there’s an interesting quirk to what you’ll pay.

If you want to extend the Air Canada benefits to the authorized user, you’ll pay an extra annual fee of $50.

Or, you can pay no fee instead, and authorized users can just earn extra miles without getting the benefits. The choice is up to you.

American Express Aeroplan Reserve Card

Amex also has the American Express® Aeroplan®* Reserve Card, which has increased Air Canada benefits and earn rates.

Starting off with a top welcome bonus – you’ll earn 35,000 Aeroplan points and a $100 statement credit after spending $3,000 in the first three months. Plus, you’ll earn 5,000 bonus points every month you spend $1,000 in the first 6 months, for a grand total of up to 65,000 bonus points.

It also has extra earn rates on purchases:

  • 3 points per $1 spent on Air Canada,
  • 2 points per $1 spent on dining, and
  • 1 point per $1 spent on all other purchases.

There is a high annual fee associated with this card of $599.

And, like the base Aeroplan Card, you get a choice of annual fee for authorized users. Extend the Air Canada benefits to them for $199, or pay no fee and simply accumulate more points.

CIBC Aeroplan credit cards

CIBC is the other issuer of Aeroplan credit cards.

Here are the 3 credit cards they issue:

Which Aeroplan card will you go with?

A new Aeroplan program, and new credit cards.

Which one will you go with?

Let us know in the comments below.

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Showing 2 comments

ed kent
ed kent
November 10, 2020
Appreciate your great updates on Aeroplan changes and new card offers If anyone has existing cards wit td , cibc and am ex will they automatically get new updated replacement cards and will they be eligible for upgraded offers such as buddy passes If not can an existing card holder apply for and hold a second card ed
creditcardGenius Team
creditcardGenius Team
November 17, 2020
Hey Ed, If you have an Aeroplan credit card with one of these issuers, your card now has the new benefits automatically. You won't get a replacement card sent to you – your existing card has the necessary information and is still linked to your Aeroplan account. That said, you won't be eligible for the new welcome offers. To get them, you'll have to sign up for a new card from one of the other Aeroplan issuers.
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