TD Aeroplan Visa Platinum Card
An entry-level on-ramp to Aeroplan, not a destination card. Most flyers should graduate to the Visa Infinite once the bag perk pays for itself.
- Annual fee
- $89 (Waived first year (current offer). Corrected from a prior 'TD Aeroplan Visa Card' entry — TD's actual no-frills entry tier is the Visa Platinum at $89/year, not a separate $39 no-name product.)
- Welcome bonus value (full offer)
- ≈ $380 Up to 20,000 Aeroplan points (10,000 on first purchase + 10,000 on $1,500/90 days), plus first-year fee rebate — up to $500 in value
- First-year net value
- ≈ $420
- Interest rates
- 21.99% purchases · 22.99% cash advances
Direct issuer link — details verified 2026-07-26
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Standard Score breakdown
SituationalSix weighted components, each rated 0–10. “Contributes” is the rating × weight — add all six and you get a raw 5.50/10, published as 5.5/10.
Evidence behind each input
The facts are structured; the rating remains an editorial judgment. Open any component to audit what was considered without mistaking the evidence for an automatic formula.
First-year value5.5/10
The anchor fixes the starting point; the 0.5-point reduction is within the published maximum and makes the reachability judgment visible.
- $420 first-year net value maps to a 6.0/10 baseline.
- Published first-year input: 5.5/10 (-0.5 versus baseline).
- The largest structured year-one offer threshold is $1,500 of spend.
Ongoing value4.5/10
This input judges recurring earn and cash-like credits after the annual fee; the welcome offer and non-cash perks are excluded.
- $89 annual fee.
- Fee condition: Waived first year (current offer). Corrected from a prior 'TD Aeroplan Visa Card' entry — TD's actual no-frills entry tier is the Visa Platinum at $89/year, not a separate $39 no-name product.
- Published earn: 1x — Gas, EV charging, groceries, Air Canada purchases (capped at $80,000/year); 1x per $1.50 — Everything else.
- 1 earn row carries an explicit spend cap or threshold.
Flexibility6.0/10
This input judges how easily Aeroplan can become useful value without forcing one narrow redemption path.
- Reward currency: Aeroplan.
- Flexibility evidence: Preferred Aeroplan redemption pricing as a cardholder
Perk usability5.0/10
This input credits non-cash benefits at realistic use, separate from cash-like credits already counted in ongoing value.
- No airport lounge access.
- 1 published insurance benefit: Purchase protection.
Low friction7.5/10
This input combines network acceptance, caps, conditions, eligibility, and operational effort; a higher rating means less friction.
- Visa acceptance; 2.5% foreign-transaction fee.
- No published income minimum.
Strategic fit5.5/10
This input asks whether the card fills a distinct role in a small wallet rather than duplicating another card; redemption quality is not counted again here.
- Ranking roles: aeroplan.
- Fit case: Occasional Air Canada flyers who want to start earning Aeroplan directly before committing to the Visa Infinite's $139 fee.
- Main conflict: You check bags on Air Canada regularly — the TD Aeroplan Visa Infinite's bag perk alone clears its higher fee.
See how the Standard Score works or re-weight it to your priorities.
Earn rates
| Category | Rate |
|---|---|
| Gas, EV charging, groceries, Air Canada purchases (capped at $80,000/year) | 1x |
| Everything else | 1x per $1.50 |
Included insurance
Purchase protection
Why it earns its score
- Cheapest entry point into direct Aeroplan earning, with the first-year fee waived
- Preferred Aeroplan redemption pricing as a cardholder
- Low bar to approval compared to the Visa Infinite tier
Where it loses points
- No checked-bag benefit — that's reserved for the Visa Infinite tier
- Base earn rate (1 pt per $1.50) is weak outside bonus categories
- $89 fee applies starting year two
Who it’s for
Occasional Air Canada flyers who want to start earning Aeroplan directly before committing to the Visa Infinite's $139 fee.
Who should skip it
You check bags on Air Canada regularly — the TD Aeroplan Visa Infinite's bag perk alone clears its higher fee.
The bottom line
Standard Score 5.5/10 — Situational. We estimate ≈ $420 in first-year net value after the $89 fee.
Direct issuer link — no commission shapes this review
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Renewal math
Should you keep this card?
The welcome offer only lands once, and the waived first-year fee bills for real at renewal — so the keep-or-cancel question is whether the $89 fee still pays for itself on earn alone. Enter your monthly spend to see the recurring math.
~$262/year in rewards at this spend − $89 fee = $173/year
The fee pays for itself at this spend — keeping it is defensibleAt this spending mix, the card breaks even around $460/month on the card. Below that, the fee stops earning its keep.
Estimates price your spend at the card’s published earn rates and our Points Standard Index valuations; they ignore category earn caps and any retention offer the issuer might make if you call. Perks you actually use — insurance, lounge visits — are value on top of this math, so weigh them before cancelling.
Welcome-offer history
We’ve tracked this card’s welcome offer since Jul 11, 2026 and log every change, so you can judge whether today’s offer is genuinely strong or just loudly advertised.
| Offer | Est. value | Recorded | Status |
|---|---|---|---|
| Up to 20,000 Aeroplan points (10,000 on first purchase + 10,000 on $1,500/90 days), plus first-year fee rebate — up to $500 in value | ≈ $380 | Jul 12, 2026 | Current |
| Up to 20,000 Aeroplan points (10,000 on first purchase + 10,000 on $1,500/90 days), plus first-year fee rebate — up to $500 in value | ≈ $420 | Jul 11, 2026 – Jul 12, 2026 | Replaced |
Source: issuer card page · Last reviewed 2026-07-26. Details change often — confirm current terms with the issuer before applying.
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