Which Aeroplan Credit Card is REALLY Best?

The best Aeroplan credit cards

The ticking divorce between Air Canada and Aeroplan on June 2020 is two years away and Esso just announced that Aeroplan members can no longer collect miles from their 1,800+ gas stations effective May 31st.

Now the question we all have is:

Are Aeroplan credit cards still worth considering?

The good news is this coming change is sure to create increased competition as Aeroplan works hard to keep the loyalty of its members and Air Canada fights to take them away – competition does breed excellance, afterall.

Aeroplan has also stated a plan to allow redemption “with multiple airlines” past the dreaded date. Which means that you should be able to redeem your miles for flights on Air Canada past the deadline.

(However, it’s still best to try to redeem your miles before 2020 as the points required for flights after that date will likely rise.)

Sure, Aeroplan’s wings may have been clipped, but if their recent announcement of a new partnership with Amazon.ca is any indication ‒ then they’re not going down without a fight.

It’ll be interesting to see what other partners they gain in the next two years.

Aeroplan Credit Cards Compared and Ranked for 2018

Who has the best Aeroplan branded credit card? Is it TD, CIBC, or American Express?

We even include credit cards without the Aeroplan brand as long as you’re able to transfer the points you earn to Aeroplan miles.

15 different Aeroplan credit cards have been compared and ranked in the table below from best to worst.

Also, please note that the table scrolls horizontally by using the slider at the bottom.

  Credit Card
Apply American Express Gold Rewards1
Apply CIBC Aerogold Visa Infinite Privilege
Apply TD Aeroplan Visa Infinite Privilege
Apply TD Aeroplan Visa Infinite
Apply CIBC Aerogold Visa Infinite

Apply

The Starwood Preferred Guest Credit Card from American Express1
Apply The Platinum Card1
Apply American Express 
AeroplanPlus Platinum
Apply American Express AeroplanPlus Gold
Apply American Express AeroplanPlus Reserve
Apply TD Aeroplan Visa Platinum
Apply American Express AeroplanPlus
Apply CIBC Aero Platinum Student Visa
Apply CIBC Aero Platinum Visa
Apply MBNA Best Western Mastercard1
Overall Score Rewards on $25,000 Spend2,3 Rewards on $100K Spend2,4 Sign Up Bonus Value5 Annual Fee First Year Free? Insurance Score Perks Score
5.0 $709 $3,288 $625 $150 No 3.5 2.4
4.45 $433 $2,929 $625
$1250*
$399 No 5.0 2.4
4.42 $433 $2,929 $625 $399 No 5.0 2.3
4.30 $607 $2,786 $375 $120 No 4.0 1.8
4.03 $607 $2,786 $375 $120 No 3.5 1.7
3.89 $661 $3,005 $250 $120 No 2.5 1.7
3.84 $82 $2,426 $1,250 $699 No 4.5 5.0
3.52 $282 $3,095 $1,000 $499 No 4.5 1.9
3.03 $599 $2,943 $375 $120 No 2.5 0.5
2.22 -$118 $2,226 $1,250 $899 No 4.5 3.4
1.52 $395 $1,849 $250 $89 No 2.5 0.2
1.22 $565 $2,440 $125 $60 No 0.0 0.0
0.54 $378 $1,628 $125 $39 No 0.5 0.6
0.47 $378 $1,628 $125 $30 No 0.5 0.4
0.00 $139 $556 $111 $0 Yes 2.5 0.6

(+/-) Footnotes:

* Limited time promotion ending soon.
1. In the cases where the credit card in question earns points of another kind than Aeroplan, points are assumed to be converted to Aeroplan miles in the most favorable way possible.
2. The rewards dollar values shown are calculated by splitting spending sensibly across spending categories like groceries, gas, drugstore, travel, bills, and everyday spending. All points are converted to Aeroplan miles when determining reward value. All spending bonuses, tiers, limits, and caps are taken into account. Sign up bonuses are NOT included in these numbers, so that will be an extra perk for you. Finally, the annual fee is deducted from the rewards values shown giving you the true value of the rewards left in your pocket for the year.
3. $25,000 in annual spending works out to $2,083 in monthly spending which is achievable for a typical Canadian family funneling most of their spending through credit.
4. $100,000 in annual spending works out to $8,333 in monthly spending which is too high for most families. I have included these numbers to better evaluate cards and give an advantage to those that don't have spending caps or limits. It also allows cards that have a good tier system to shine at higher spending levels.
5. The sign up bonus is a lump sum of points or miles you get when first opening a new credit card. It is often given when you make your first purchase, spend a reasonable amount of money on the card within the first X months, keep the card open for X months, or some combination of those. The criteria to qualify for the sign up bonus are usually very reasonable.

The Top 5 Credit Cards In Detail

1) American Express Gold Rewards1

American Express Gold Rewards

For another year, the American Express Gold Rewards card comes out on top as the best Aeroplan credit card on the Canadian market.

Curious why? Well, for starters, the Amex Gold gives you the highest earning potential on daily essentials like gas, groceries, and drugstore purchases, as well as travel purchases – 2 points per dollar spent. Those points can then be converted 1:1 to Aeroplan miles. The competition doesn’t even come close to that.

With this card you also have the flexibility of purchasing any sort of travel you want with your American Express Membership Rewards points and you’re not limited to only traveling through Aeroplan. With the fate of Aeroplan after 2020 up in the air, this is a nice added feature.

Plus, Amex Gold makes travel pretty easy-peasy – no seat restrictions, no blackout dates, and no specific travel agency you have to deal with. Just book the travel on your credit card and pay for it with your points using their online interface.

Why You Want It:

  • 2 points/miles per dollar spent on all gas, grocery, drugstore, and travel purchases.
  • Up to 25,000 sign up bonus points/miles.
  • Best return on spending for any Canadian Aeroplan credit card – 3.43%
  • Add 1 extra cardholder at no cost and earn more points fast ($50 savings).
  • The option to transfer points to other rewards programs at good conversion rates or redeem directly for any travel purchase you charge to the card.
  • Use the American Express Fixed Points Travel Program to book most flights on most airlines at a significantly reduced points cost.
  • One of the best insurance packages available for cards in the $120-$150 annual fee range. Includes travel accident, emergency medical, trip interruption, flight and baggage delay, hotel burglary and more.
  • No minimum income requirement – comparable cards often require $60K income or more.

Apply Now

2) CIBC Aerogold Visa Infinite Privilege

CIBC Aerogold Visa Infinite Privilege

The CIBC Aerogold Visa Infinite Privilege has one of the best sign up bonuses right now and comes with a nice suite of Air Canada specific perks like:

  • increased Aeroplan earn rate of 1.25 miles per dollar spent,
  • free checked bags,
  • complimentary Maple Leaf Lounge passes,
  • priority check-in & boarding, and…
  • a 50% discounted business class companion ticket yearly.

The biggest downside is the $200,000 minimum income needed to qualify and the $399 annual fee – this card definitely isn’t for everyone. If you’re a frequent Air Canada traveler, the fee could definitely be worth it, however, that income requirement will be hard to hit for many.

Why You Want It:

  • Higher base rewards accrual rate of 1.25 miles per dollar spent.
  • 1.5 miles per dollar spent on gas, grocery, drugstore, and Air Canada purchases.
  • One of the best sign up bonuses of 50,000 miles.
  • Air Canada perks without needing frequent flyer status including:
    • 50% discounted business class companion fare annually,
    • 4 annual Maple Leaf Lounge passes,
    • first check bag free,
    • priority check-in, and
    • priority boarding.
  • Complimentary Priority Pass membership for global lounge access including 6 passes yearly.
  •  The best travel insurance package with 11 types of insurance.
  • Personal 24/7 concierge service.

Apply Now

3) TD Aeroplan Visa Infinite Privilege

TD Aeroplan Visa Infinite Privilege

Almost identical to the CIBC Privilege, the TD Aeroplan Visa Infinite Privilege card has the same return on spending, annual fee ($399), high income requirement ($200K), perks, and a very similar insurance package. Where the CIBC card comes out ahead is that it includes one extra insurance (Hotel Burglary) and double the sign up bonus.

The choice really comes down to your preference between TD or CIBC.

Apply Now

4) TD Aeroplan Visa Infinite

TD Aeroplan Visa Infinite

If you find yourself dreaming of applying for either of the above Infinite Privilege cards, but the $200K income requirement and the $399 annual fee are too rich ‒ then the TD Aeroplan Visa Infinite is the toned down version with $120 annual fee and $60K personal income requirement.

The Aeroplan specific perks have fewer quantities and tighter restrictions, the insurance isn't quite as good (though still among the best), and the mile accrual rates are less but still good.

Why You Want It:

  • 1.5 miles per dollar spent on gas, grocery, drugstore, and Air Canada purchases.
  • 15,000 sign up bonus.
  • Exclusive Air Canada perks without needing frequent flyer status including:
    • 1 annual Maple Leaf Lounge pass,
    • first check bag free on reward flights,
    • priority check-in on reward flights, and
    • priority boarding on reward flights. 
  • Above average insurance package (for cards with less than $150 in annual fees) including travel accident, trip cancellation, trip interruption, emergency medical, flight and baggage delay, and more.
  • A rare feature where travel insurance coverage applies on Aeroplan reward flights as well as full-fare flights.
  • Personal concierge service.

Apply Now

5) CIBC Aerogold Visa Infinite

CIBC Aerogold Visa Infinite

Once again, this card is very similar to its TD counterpart, the TD Aeroplan Visa Infinite. They have the same annual fee ($120), the same earn rate, and the same sign up bonus (15,000 points). This card also includes priority check-in, 1 checked bag, and priority boarding when you use your Aeroplan miles to book flights, and also comes with 1 annual visit to the Maple Leaf lounge.

While both cards include all the same insurance, the TD card is a little better in three categories: emergency medical, baggage delay, and lost or stolen baggage.

With so many similarities between these two cards, the right card comes down to your personal preference: CIBC or TD.

Apply Now

What's Important To You?

Taking into account specific features that are more important to you, I've highlighted which ones are best per category.

Earning The Most Miles

If your main concern is raking in those miles, the American Express Gold Rewards1 is going to net you the most rewards at normal spending levels, even after deducting the annual fee. The 2 miles on gas, groceries, drugstore, and travel purchases is hard to beat.

If you have a lot of everyday spending that doesn't fall into the 4 bonus categories offered by the Amex Gold, then The SPG Amex Credit Card1 is what you want. This card gives you the option of converting your points to miles in over 30 airline rewards programs (mostly 1:1). Even better than that, for every 20,000 points you convert, they will give you an extra 5,000 bonus miles. If you’re doing the math, that works out to 1.25 Aeroplan miles for every $1 spent on ALL purchases (not just select categories) with a reasonable $120 annual fee.

Getting The Biggest Bonus For Signing Up

The Platinum Card1 has the biggest bonus at 50,000 points which can be converted to 50,000 miles. It also, however, comes with one of the highest annual fees – $699. With that $699 fee you get a $200 travel credit that can be used on any travel. Added bonus: If you sign up mid-year, you could also have a chance to use a second $200 travel credit in the new year before your 2nd annual fee triggers, essentially reducing the annual fee to $299 in the first year which is quite reasonable for 50,000 miles.

Cheapest Annual Fee

Unless your monthly spend is less than $1,500, a card with a lower annual fee doesn't always make a lot of sense. Depending on your monthly spend, the value of the rewards you will receive for using a card with a higher annual fee should make up for the added cost ‒ especially when you take advantage of the card’s premium perks.

But if you want an Aeroplan miles credit card with an affordable annual fee, then the American Express AeroplanPlus is a good deal. At $60 per year, it still offers a good earning potential at 1 mile per dollar spent on all purchases with no caps.

And, if you’re looking for a card with no annual fee at all, you could always consider the MBNA Best Western Mastercard1. You can convert your points to Aeroplan, but the catch is that the conversion rate is quite poor and dilutes most of your reward value.

Best Insurance Coverage

If you're a frequent traveler, then the insurance coverage offered by a good credit card can easily save you thousands of dollars. If you’re renting a car, some credit cards allow you to decline the Loss Damage Waiver (LDW), saving you up to $20 per day. Some credit card insurance packages will even cover you if you drop your brand new iPad within the first 90-180 days of owning it, you can get a full repair or reimbursement of the purchase price. Or what happens if you’re traveling and in need of emergency medical insurance? Good cards offer from 15-31 days of travel medical which could easily save you hundreds of dollars (should you ever need to use it). With 16 types of insurance available, the potential savings add up.

The CIBC Aerogold Visa Infinite Privilege really outshines the competition, not only by having 11 types of insurance coverage, but also by coming out on top in 7 of those 11 types. The $399 could still be a lot to pay annually.

If you looking for something a little more budget friendly and with a lower minimum income, then the TD Aeroplan Visa Infinite has pretty solid insurance coverage and an annual fee of $120. Not only does it come with 10 types of insurance, but it even comes out on top in 3 of those categories.

Best Perks Overall

If you’re looking for a card with the best perks, then you’ll need to pay big bucks because The Platinum Card1 completely destroys the competition when it comes to perks.

This impressive card includes:

  • access to lounges in almost any airport world-wide,
  • $200 in free travel of your choosing annually,
  • exclusive events held only for Platinum cardholders,
  • free upgrades and companion tickets on some airlines,
  • the best free lounge access of any Canadian card,
  • automatically upgraded status with several big hotel chains,
  • free valet parking service at YVR,
  • doctors that will pay you house calls in foreign countries,
  • a personal concierge that will take care of your every travel, entertainment booking, and purchasing need (within reason),
  • and much more.

All that to say, if you’re looking for a card that will have you traveling around the globe like a rockstar – this card cannot be beat.

Low Minimum Income

Despite being the #1 card on the list, the American Express Gold Rewards1 surprisingly has no minimum income requirement. In fact, American Express has removed the minimum income requirement from all of their cards, even their MOST premium ones.

Aeroplan’s Next Move?

It will be interesting to see what the future has in store, but until then you can still redeem your miles as you always have done for Air Canada flights.

With many Aeroplan members rushing to redeem their rewards before 2020, there will most likely be increased competition now on the best routes, so make sure you book early and check often.

Disclosure: You should know that HowToSaveMoney.ca receives a referral fee for some credit cards listed; however, our unbiased algorithm dictates the results of our credit card rankings. You can trust that our rankings are strictly independent of compensation; here’s a more detailed disclosure on how HTS makes money.

Comments

Gordp
Gordp's picture

I have the TD Visa infinite, I would rate it OK, the issue is when I travel over seas TD declines my purchases. It happened to me last year when I went to Italy and again recently in Brazil. What good is a travel card that you can't travel with? They gave me a number to call and register my travel plans with. They ignored my notices of travel and locked my card. When I got home I had a message on my Vmail saying we noticed a suspicious purchase and froze your card.

So I didn't get the Aeroplan points for those trips and was embarrassed by the payment declined messages.

I am looking for a new card, one that understands I travel. Any advice?

July 15, 2016 @ 5:23 pm
Stephen Weyman
Stephen Weyman's picture

The way I combat this problem is by carrying multiple cards so I always have a backup. Have a fee-based card as your primary card and then at least 2 more as backups. I like to have 1 MasterCard, 1 Visa, and 1 Amex. I'd consider getting the MBNA Smart Cash World MasterCard and the Amex SimplyCash as backups to your TD Visa.

Also, the more you travel with the TD Visa, the more those types of purchases will look "normal" to their fraud alert system and you most likely won't get your account frozen nearly as often if at all.

July 15, 2016 @ 8:00 pm
John
John's picture

I'm actually curious why no one ever recommended me this website, this have such a nice, useful info on nearly every card and money saving tips !

Thanks stephen

August 26, 2016 @ 4:26 pm
MM
MM's picture

So much for travel alerts. TD VISA told me I don't need to alert them with travel plans anymore since they have such a good security system. Well, I would have preferred if they froze my card with odd purchases and I could at least contact them. I had fraudulent 2 charges to Air Canada and 1 to Ethiopian Airlines and if they had even looked at my credit history, it would have been readily apparent that I would never book 3 flights in one day and especially the Ethiopian Airlines should have been an alert. I didn't even get a phone call and I was the one who identified the fraud by checking my VISA transactions online when I got home. Needless to say this has caused significant aggravation. All they said was sorry and they it is a busy time of the year !!!!

This is a great website for information.

December 26, 2016 @ 8:47 am
Stephen Weyman
Stephen Weyman's picture

Personally I prefer them to be a little looser with their security checks to make sure my card isn't frozen when I'm trying to use it - I find that to be the most inconvenient thing. Of course, getting fraudulent charges reversed is also very frustrating. It's a very fine line they need to walk.

January 02, 2017 @ 10:28 am
Julie
Julie's picture

Thanks for the great summary, it helped a lot. I am wondering if you can give me some info regarding RFID technology. Do these cards have RFID capability and if so do I really need to purchase an RFID blocking purse/sleeve/wallet?

Thanks in advance :)

Julie

January 08, 2017 @ 3:20 pm
Stephen Weyman
Stephen Weyman's picture

That's one area I haven't kept up with - I have heard about the RFID blocking technology. The cards certainly have some wireless capability because of tap and pay. How much of a security risk it is - I'm not sure. Whatever the case, the credit card companies have your back with their fraud protection guarantees.

January 10, 2017 @ 1:06 pm
Bob
Bob 's picture

Hi Stephen,

FYI...My wife & I just applied for the CIBC Infinite Aerogold Regular (15000 Aeroplan Points after first purchase) and the first year free!

February 17, 2017 @ 10:23 am
Stephen Weyman
Stephen Weyman's picture

Thanks for sharing Bob - hope you're enjoying it!

May 30, 2017 @ 4:51 pm
Larry
Larry's picture

How come I can't find an AEROPLAN MasterCard
Does one exist

April 22, 2017 @ 6:07 pm
Stephen Weyman
Stephen Weyman's picture

That card is rarer than Bigfoot my friend - sorry.

May 30, 2017 @ 4:52 pm
Rick
Rick's picture

Hi

I was one of the those who were transferred over from CIBC's Aeroplan card to TD and all that I got from TD was a single time use of an Air Canada lounge. I see from your rankings that if you were to apply and get a TD Infinite Aeroplan card today you get an annual Air Canada lounge pass. Anyway to get this from TD when you are already using their card?

Rick

May 30, 2017 @ 3:11 pm
Stephen Weyman
Stephen Weyman's picture

I really would have thought that would be automatic Rick. I'd just call up the customer service on the back of the card and tell them you haven't been receiving your annual lounge pass. They should be able to fix it up for you. Please report back if they say you aren't entitled to it.

May 30, 2017 @ 4:50 pm
Anu
Anu's picture

They don't send the lounge passes anymore. As long as you are traveling on a awards ticket you need to show your boarding pass and your TDvisa card for the lounge staff and they will let you in

May 31, 2017 @ 4:27 pm
Stephen Weyman
Stephen Weyman's picture

Thanks for clarifying Anu!

June 04, 2017 @ 10:38 pm
John
John's picture

Interesting that I have not heard a thing from Aeroplan/Air Canada or TD bank (my card holder) on this change so appreciate your article?
I would consider switching to the Amex Express Gold but have resisted Amex in the past as have read that many retailers do not honour it (business user fees too high?). Are you aware of problems with Amex?

May 31, 2017 @ 12:16 pm
Stephen Weyman
Stephen Weyman's picture

That's really the only problem I am aware of with Amex, other than that they have a stellar reputation from everything I've heard and from my own experience as a cardholder.

June 04, 2017 @ 10:38 pm
John Eff
John Eff's picture

Hi Stephen,

I think we are all feeling like this isn't going to turn out well for us.

One of my big concerns is that there will be a big rush to redeem for flights and therefore availability will be WAY WORSE than it usually is (which is already pretty bad). I submitted this concern to Air Canada's Q's and A's but they have not published it, making me even more concerned. Availability has been a constant complaint from Aeroplan members. How does it not get much worse?

I think we all have to put a lot of pressure on Air Canada and Aeroplan to make sure our voices are heard. Any ideas?

I, for one, find it unacceptable and unethical for Air Canada to found this program, sell it, and then basically abandon it. I feel that all Aeroplan miles currently accumulated should be honoured with the same rules for a much longer time period.

And I will NEVER get another credit card tied to one airline again.

Thanks for listening and thanks for all your good work.

June 01, 2017 @ 7:19 am
Stephen Weyman
Stephen Weyman's picture

I too am concerned about reward availability. It has improved in recent years actually, at least from my own personal experience but I don't see how this can do anything but make it worse until 2020. Will it be worse than it was during the worst time, I can't really say.

I think we need to wait and hear a few more details before we make too much of a ruckus - but there will be lots of people complaining about it, including myself if they don't give us some decent alternatives to Air Canada as it is today.

June 04, 2017 @ 10:41 pm
bob
bob's picture

I currently have the Amex gold card. With the one year renewal date coming up I would like to cancel and get a different Amex card. Should I be transferring my points before I cancel the card or can I some how transfer them to my new card??

June 14, 2017 @ 2:28 pm
Leanne Williston
Leanne Williston's picture

To make sure you get all the bonuses you simply apply for the new card online using all the same contact details as your existing card.

Once you receive the card and set it up in online banking, just call Amex customer service and ask them to combine your two membership rewards accounts into (aka move your points).

Doing this is free and I know it works because I did it myself before.

August 18, 2017 @ 12:27 pm
Terence
Terence's picture

Hi Stephen,

I am comparing between TD Aeroplan Visa Infinite and CIBC Aerogold Visa Infinite cards, particularly in the travel insurance aspect.

I would like to know which card offers better travel insurance package. From your table, TD (4.0) has better Insurance Score than CIBC (3.5). When I look at both packages, however, they seem to offer the same coverage (emergency travel medical, trip cancellation, flight delay etc.), and CIBC's emergency travel medical insurance has higher maximum amount ($5 million) than TD's ($1 million). Is there an area where TD's travel insurance stands out?

Thanks in advance

August 30, 2017 @ 5:51 pm
Leanne Williston
Leanne Williston's picture

Hello Terence, 

You're totally right...  from a distance it looks like the TD Aeroplan Visa Infinite and the CIBC Aerogold Visa Infinite cards have essentially the same insurance packages. However, we do feel like TD comes out on top.

Our Reasoning? TD covers a higher dollar amount in Trip Cancellation, Trip Interruption, Baggage Delay and Lost or Stolen Baggage. And while CIBC does cover a higher amount of Emergency Medical, they only cover you for the first 15 days, where as TD has you covered for 21. 

Hope that clears our rankings up a little for you! 

August 31, 2017 @ 9:50 am
Jean-Francois Leblanc
Jean-Francois Leblanc's picture

Hi Stephen,

As many have mentioned before me, congratulations and thank you very much for your thorough and detailed comparative reviews of the myriad of credit card options available to Canadian customers. I would have no problem recommending your site to friends who are looking for information on credit cards.

I had a Laurentian Bank Visa Black for about 10 years, and I managed to pile up more than 100K points (1$ = 1 point). These points can be redeemed for coffeemaker, iron, etc., i.e., things I don't need (don't ask me why I took this card in the first place - probably a brain cramp). I switched to the Laurentian Bank Visa Explore, which is essentially a travel rewards credit card (https://www.banquelaurentienne.ca/en/personal_banking_services/my_ideas/...). I was able to transfer all the points from the previous card 1:1. The Visa Explore is pretty interesting: 3 points per dollar on preauthorized charges (e.g., telephone bill, car insurance, lawn maintenance guy, etc.), 2 points per dollar on any travel expense, and one point per dollar for all other expenses. Points can be redeemed for any travel expenses, without any restrictions, at the rate of 100 points = 1$ credit. Very good insurance coverage. Annual fees are 110$. Pretty happy with this card, its return rate (especially the 3 points per dollar for preauthorized charges), the flexibility, and insurance coverage.

For a long time, I had a few hundreds Aeroplan points I got by traveling with Air Canada and registering an Aeroplan account; however, I did not have an Aeroplan credit card, and I had been negligent to prefer businesses (e.g., Esso, Uniprix) which offer Aeroplan points. These pints have literally been sitting around doing nothing. After looking at your site and many others, and since I am planning trips to Japan in 2018, and Iceland in 2019, I thought it might be worthwhile to rack up Aeroplan points, so I got a TD Aeroplan Visa Infinite card. I got the 25K signup bonus points, annual fees waived, and used it for gas (Esso), pharmacy (Uniprix), and grocery expenses, all of which yield 2 points per dollar, while Esso and Uniprix give an additional point per dollar for the "plain" Aeroplan membership card. It's been 10 months now, and soon I will have to pay the annual fee for the TD Aeroplan Visa Infinite card. I was thinking of canceling this card, and go with the American Express Gold Rewards card. I am of course interested by the 25K signup bonus points, annual fees waived the first year, AND the possibility of converting to Aeroplan points 1:1. My questions:

1. Does the plan of canceling the TD Aeroplan Visa Infinite card, and getting an American Express Gold Rewards, makes sense?

2. To your knowledge, are the American Express Gold Rewards and the Starwood Preferred Guest Credit Card from American Express the only cards which allow points transfer (at a reasonable rate) to Aeroplan?

3. If I go with the American Express Gold Rewards card, I will face the same annual fee issue one year from now. The problem is (correct me if I am wrong), all Aeroplan credit cards (including the American Express Gold Rewards and the Starwood Preferred Guest) have annual fees (after the first year waiver for many of them). I checked all Aeroplan cards, and the American Express Aeroplan Plus, at 60$ per year, might be an acceptable compromise. It gives one point per dollar. Not sure if they will give me the 5K signup bonus points since I would be downgrading from the American Express Gold, but I can live without that bonus. In comparison, the TD Aeroplan Platinum Visa, the second least expensive Aeroplan card, has an annual fee of 89$, and yields one point for 1.50$ (one point per dollar for gas, grocery, and pharmacy only), so all in all it appears to be less advantageous than the American Express Aeroplan Plus. Does my reasoning makes sense?

4. If I didn't have the Laurentian Bank Visa Explore, I would be very interested by the Scotiabank Gold American Express. 30K signup bonus points, annual fees waived the first year, reasonable 99$ annual fees afterwards, an incredible 4 points per dollar spent on gas, grocery, dining, and entertainment (with an annual 50K$ limit at that rate), one point per dollar for all other expenses (and above the 50K$ limit). Points can be redeemed for any travel expense, and the card provides very good insurance coverage. I am a bit surprised that you ranked it #19 for 2017; how come its ranking is not higher than that?

Thanks in advance for your thoughtful comments,

JF

September 10, 2017 @ 4:23 pm
Eduard
Eduard's picture

Hey! What a great article, thank so much for taking the time! This can help save thousands$$$ if used appropriately, which is what I am trying to do...

If you can help with some advice I would be really grateful. I have to do a bit of travelling this year (around Xmas to L.A.) and next summer overseas (Europe2 area in the Aeroplan travel chart, worth 75k miles) and want to save as much as possible on the regular ticket prices.. I was initially thinking to get the AMEX Gold card with the 25k bonus which would cover by L.A. flight and cancel before the next year's fee. However, your article made me notice the Platinum card, the fee of which makes my eyes pop but the $200 (x2 for next year as well) travel credit and the 50k bonus seem to make it all worth it for one year but combining

My question really is how simple and reliable is the process of transferring the AMEX points into Aeroplan and how simple and reliable is the process of purchasing flights via Aeroplan? I just don't want to end up empty handed after paying the crazy $699 fee and not getting anywhere trying to book the flights.

Thanks for your highly valuable feedback!

September 10, 2017 @ 11:56 pm
Cory
Cory's picture

Very easy to transfer Amex points to aeroplan. You will not have a problem with that.

Booking flights on aeroplan can be tricky. I would not count on being able to do so unless you can book the dates a year in advance and have flexibility on those dates.

October 12, 2017 @ 3:44 am
Cindy
Cindy's picture

Hi There,

I fly weekly for work and of course take a couple personal flights during the year (which so far I book with aeroplan with no problems - may have to do with staus (?)). I currently have a Scotiabank Gold American Express but have been considering switching to the American Express Gold rewards. I like the idea of being able to move the amex points 1:1 to aeroplan which for me would translate to a few free flights a year if I book thru aeroplan points.

I think the only reason I am slightly hesitating is that the Scotiabank Amex has trip cancellation and the Amex gold does not. Both have trip cancellation. Trying to decide/figure out if it is worth getting hung up on the trip cancellation.

Thanking you in advance for your opinion.

Cindy

November 15, 2017 @ 9:57 am
L.Scott
L.Scott's picture

Just a point (pardon the pun) to make about card insurances, be aware that you could get whacked when you hit 65 and the 15 day coverage turns into 4, or worse. (forget which card this applies too, but it's a common downgrade among issuers)

March 27, 2018 @ 6:35 pm
Leanne Williston
Leanne Williston's picture

Great point!  The TD Cash Back Visa Infinite is one card that goes down to 4 days if you are over 65, and there are a few other cards on the market that do something similar. Actually, many cards don't cover you at all when you pass the 65 year mark.  Moral of the story... Always read the fine print.

March 28, 2018 @ 9:30 am
Terry Jaja
Terry Jaja's picture

Hi:
i am looking for a travel credit card that will give me the following:
Aeroplan miles
priority check in
free checked bags
unlimted Maple lounge access or priority pass
priority boarding
Priority Security check in

April 09, 2018 @ 7:48 pm
Kam
Kam's picture

TD Credit Cards has the most pathetic Dispute department and policies I have ever encountered. They have an average wait time of 2 hours on hold. They do not have a system to call you back when it is your turn. They do not accept emails. They do not make outbound calls. They will not contact you, so you have to call back every time for update. Even if they need more infomation, they still do not call. You have to wait on hold for 2 hours just to see if further action is required.

TD's goal is to frustrate their customers so much that they give up their dispute. I have dealt with RBC, CIBC, Amex and Mastercard and never had the slightest issue.

TD is a pathetic organization. Deal with them at your own risk.

May 02, 2018 @ 1:20 pm

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