The Points Standard

Head to head · Reviewed 2026-10-04 by The Points Standard

Amex Cobalt Card vs TD Aeroplan Visa Infinite

Two cards, one Standard Score rubric. The Amex Cobalt Card scores higher overall at 7.7/10, but the right pick depends on which components match your spending.

7.7/ 10

Amex Cobalt Card

ExcellentHigher overall

6.9/ 10

TD Aeroplan Visa Infinite

Strong

Independent.Methods and assumptions are published; compensation never sets the order.·Last reviewed 2026-10-04·Full disclosure

The verdict

Excellent

A flexible earner against a single-airline specialist. The Cobalt's 5x on food converts to Aeroplan at a strong ratio and out-earns the TD card on nearly every purchase, but it's an Amex: no free checked bag, no guaranteed Air Canada acceptance at the gate. Big food spenders who fly Air Canada occasionally should feed the Cobalt and transfer in; frequent AC flyers who check bags should hold the TD card for its baggage perk regardless of what else is in their wallet.

See offer · current Amex Cobalt Card offer, direct from the issuer

Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.

Side-by-side comparison
Amex Cobalt CardTD Aeroplan Visa Infinite
Standard Score7.7/10 · Excellent6.9/10 · Strong
Annual fee$191.88 ($15.99 charged monthly (increased from $12.99/mo effective November 5, 2025))$139 (Rebated in the first year (current offer))
Welcome bonusUp to 15,000 MR points (1,250/month for 12 months of qualifying spend)Up to 50,000 Aeroplan points (10,000 on first purchase + 15,000 on $3K/90 days + 25,000 anniversary on $12K/12 mo), plus a first-year fee rebate
Est. bonus value≈ $285≈ $950
First-year net value≈ $699≈ $515
Earn rates
  • 5x: Eats & drinks (groceries, restaurants, food delivery), first $2,500/month
  • 3x: Streaming subscriptions
  • 2x: Gas and local commuter transportation (transit, taxi, rideshare)
  • 1x: Everything else
  • 1.5x: Gas, groceries, and Air Canada purchases
  • 1x: Everything else
Points currencyAmex Membership RewardsAeroplan
No FX feesNoNo
Lounge accessNoNo

Where the Amex Cobalt Card wins

  • First-year value: scores 7.0/10 on this component
  • Ongoing value: scores 8.5/10 on this component
  • Flexibility: scores 9.0/10 on this component
  • Strategic fit: scores 8.5/10 on this component

Where the TD Aeroplan Visa Infinite wins

  • Perk usability: scores 8.5/10 on this component
  • Low friction: scores 8.5/10 on this component

Read the full reviews: Amex Cobalt Card and TD Aeroplan Visa Infinite, or see how both rank in Best Credit Cards for Groceries and Dining in Canada.

What the points are worth in dollars: Amex Membership Rewards Value and Aeroplan Points Value. Each has a calculator for your balance.