For people who love travelling, the TD® Aeroplan® Visa Infinite* card offers the cardholders the best way to earn rewards while they look for travelling experiences. Although it can reward up to $1,000 equivalent in value, including up to 40,000 Aeroplan points, which can be useful for those who often travel.
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From accumulating points based on your regularly incurred purchases, to travelling and enjoying various travel privileges, Travel rewarding is among the primary goals of this specific card. Also, one of the most valuable features that the buyers can enjoy after getting the TD® Aeroplan® Visa Infinite* card is a pretty high welcome bonus which enables to earn as many Aeroplan points as possible during the first year.
Further, the card offers travelling perks like first checked bag for upto eight people on the same reservation free, rebate on NEXUS application fee and no expiry of Aeroplan points as long as one hasn’t violated any terms or conditions.
Key information about the TD® Aeroplan® Visa Infinite* card
A number of features of the TD® Aeroplan® Visa Infinite* card primarily focuses towards the people who are frequent travelers. Cardholders can earn 1. 500 subsequently as 5 points for each dollar spent on eligible Canadian gasoline, grocery, and Air Canada purchases, 1 point for other purchases. This card also doubles reward points when at over 150 Aeroplan partners and at over 200 with the Aeroplan eStore from online retailers.
How does the annual fee work?
The TD® Aeroplan® Visa Infinite* card has the following annual fee: $139. This fee is reasonable if compared to other similar premium travel credit cards, generally having higher rates of the annual fee. Also, for more $75 the applicant can include an authorized user for their account.
How is the credit limit determined?
The credit limit of the TD® Aeroplan® Visa Infinite* card depends with the credit worthiness of the applicant. The credit limit of a user depends on credit history, credit bureau report, income, etc. , when an applicant applies for the credit card, TD Bank checks this data and decides the credit limit.
This approach of designing credit card limits enhances the view of cardholders knowing that the limit that they have been given has taken into account their financial strength as they can be in a position to control their expenditures rates in a good manner that reflects good credit utilization ratio.
Credit card benefits
- Generous welcome bonus: Earn up to 40,000 Aeroplan points in the first year, with 10,000 points awarded after the first purchase and additional points for meeting spending thresholds.
- Exclusive travel benefits: Enjoy perks such as free first checked bags for up to 8 companions on the same reservation, NEXUS application fee rebates, and access to Air Canada benefits.
- No aeroplan point expiry: Aeroplan points do not expire as long as the primary cardholder’s account is in good standing.
- Multiple earning opportunities: Earn 1.5 points per dollar on eligible gas, grocery, and Air Canada purchases, and 1 point per dollar on all other purchases.
- Points earned twice: Earn points twice when shopping with Aeroplan partners and the Aeroplan eStore.
- Award-winning card: Recognized as the best Aeroplan credit card by Milesopedia and other industry awards.
Generous welcome bonus
Among the most attractive benefits of the TD® Aeroplan® Visa Infinite* card is a notable welcome bonus. First-time Aeroplan cardholders are eligible for up to 40,000 points; 10,000 bonus points on the first purchase made within the first three months and an additional 15,000 points after spending $7,500 in the first 180 days of having the card, plus another 15,000 after spending $12,000 within the first year of cardmembership.
Disadvantages
- Annual fee: The card has an annual fee of $139, which may be a barrier for some potential cardholders.
- Income requirements: Applicants must have a minimum annual personal income of $60,000 or a household income of $100,000, which may exclude some individuals from eligibility.
- High interest rates: The card has a purchase interest rate of 20.99% and a cash advance interest rate of 22.99%, which can be costly if balances are not paid off in full each month.
High income requirements
The first main decision-maker of the TD® Aeroplan® Visa Infinite* card is the high income requirement. It is requisite that the applicant has to earn not less than $60000 per annum or the household income is $100000. Such a condition may lock out young persons or those with low income from enjoying the card’s features. For those clients that do not get to qualify for the income requirements, TD has the TD® Aeroplan® Visa Platinum* card.
Who can apply for this card?
Usually the requirements that the applicant should fulfill in order to be able to apply for the TD® Aeroplan® Visa Infinite* card are the following ones. It means they must be residents of Canada and the minimum age bar regarding the show business activities in their respective provinces or territories of residence. Also for eligibility applicants must have a personal income of $60000 per year or a household income of $100000.
Another requirement that the applicants for the card should meet is that they should not have any bad credit rating with the credit card companies. If all these criteria are not met, then one can opt for the TD® Aeroplan® Visa Platinum* card.
How to apply for the TD® Aeroplan® Visa Infinite* card
By visiting the Website
Thus, while applying for the TD® Aeroplan® Visa Infinite* card online, the procedure is quite simple. Getting to this credit card is quite simple, one has to first visit the TD Bank webpage and then click on credit cards. Here is the information on the card which includes the features and advantages of the credit card, the interest rates, as well as the fees.
After going through the information displayed here, if you agree to go through the steps to be taken, you click on the “APPLY NOW” button. Next, some questions will be asked on the application form concerning your personal details such as name, address, social security number, and income.
It is recommended to give as much and as correct details as possible to enable fast approval of your application. Once you fill in the form, TD Bank shall consider your application and come up with a decision that they shall communicate to you. If your application is approved, you will received your new credit card in the mail within few business days.
Therefore, it can be clearly seen that the TD® Aeroplan® Visa Infinite* card has features that will provide a host of benefits for the cards’ users, especially within the travel domain. This card is perfect for those who travel a lot and who want to get the most of their card by increasing their earnings through the welcome bonus, travel perks, and multiple ways of earning points.
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