Best Credit Cards

Best Aeroplan Credit Cards In Canada

| Last updated on November 4, 2019
best aeroplan credit cards canada

If you are a frequent flyer who collects Aeroplan miles, then it goes without saying you need an Aeroplan Credit card in your wallet. As a member of the Aeroplan Rewards Program, you earn miles just by using your Aeroplan credit card. Sure you’ll earn miles when you fly with Air Canada and its other partners, but you’ll also have the opportunity to stack up on miles when visiting stores that are on their partner network, which can then be used towards booking flights with Air Canada and Star Alliance members like Lufthansa and United Airlines, or on hotels, car rentals, vacation packages and more. 

The value of an airplane mile changes based on what you redeem it for. The redemption value for travel will depend on several factors like where you’re traveling, when you are traveling and the route you are taking. Redeeming your accumulated miles in flights will bring you more value per mile than spending it on sectors outside of travel, like Best Buy, Cineplex, Gap.

Whether you are a current Aeroplan Miles collector or plan to be one, this guide will narrow down your options with its round-up of 7 best Aeroplan Credit Cards in Canada.

Summary
Best Overall: TD Aeroplan Visa Infinite
Best Premium Aeroplan Credit Card: American Express Platinum
Best For Most Flexibility: American Express Gold Rewards Card
Best Aeroplan Credit Card (Honourable mention): CIBC Aerogold Visa Infinite

Best Overall Aeroplan Credit Card

TD Aeroplan Visa Infinite

TD Aeroplan Infinite Visa Card

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on TD’s website

Welcome Offer: 40,000 Aeroplan Miles + First year fee waived + 2x Aeroplan Miles on eligible Purchases in the first 3 months up to a total of 20,000 Aeroplan Miles.

Earn Rate: 1.5 mile for every $1 spent on eligible grocery, gas and drugstores. 1 mile for every $1 spent on all other purchases. 2x miles at participating retailers.

Annual Fee: $120

Min. Income Required: Personal $60,000 or Household $100,000

New applicants will get 40,000 Aeroplan Miles plus their annual fee of $120 waived for the first year. 

Aside from your promotional reward, you will receive Aeroplan Miles with every purchase made through your card.  Earn 1.5 miles on every $1 spent on groceries, gas and drugstore purchases or when booking travel through aircanada.com. Earn 1 miles per $1 on all your other purchases. Double your earned miles when paying with your TD Aeroplan Visa Infinite credit card and by presenting your Aeroplan Membership Card at participating stores or eStores. 

Along with the stunning welcome bonus, and a strong Aeroplan Miles reward system, another reason why this credit card earned the top spot on this list it its travel benefits. It comes with Travel Medical Insurance worth $1 million for your first 21 days. If you’re 65 or older, this policy will cover you for your first 4 days. It also comes with Trip Cancellation/Trip Interruption Insurance, Delayed and Lost Baggage Insurance, Flight/Trip Delay Insurance, Common Carrier Travel Accident Insurance, Auto Rental Collision/ Loss Damage Insurance, and Emergency Travel Assistance Services. If you rent a vehicle with Avis Rent A Car or Budget Rent A Car using your TD Credit Card, you will be on par to save a minimum of 10% in Canada and the US, and a minimum of 5% internationally. 

Click here for more details about the TD Aeroplan Visa Infinite Card

Best Premium Aeroplan Credit Card

American Express Platinum

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on American Express’ website

Welcome Offer: 50,000 Points + $200 annual travel credits

Earn Rate: 2x points for travel, 3x for dining, and 1x for everything else.

Annual Fees: $699

Min. Income Required: $0

Read review

Instead of Aeroplan Miles, the American Express Platinum credit card rewards you in Amex Rewards Points. You can then convert these points into Aeroplan Miles on a 1:1 basis.  For Canadian travellers, this credit card is heaven-send with its 50,000 Welcome Bonus points available to new Platinum Cardholders. To claim this reward, you need to have at least $3,000 in net purchases in your first 3 months since account opening.

The single not-so-nice fee on this card is its outrageous annual fee of $699, but in exchange it does give frequent travellers some fantastic perks which can make this hefty fee worth it. 

For starters, regardless of your destination, cardholders earn 2 points for every $1 spent using your card on travel related purchases. And, you will also receive complimentary access to over 1200 airport lounges across 130 countries and more. You will earn 3 points for every $1 spent on dining related purchases in Canada. You earn 1 point per $1 on all the other purchases made using your credit card. You will also receive a $200 annual travel credit that can be put towards any single travel booking of $200 or more charged to your American Express platinum card.

This credit card comes with a comprehensive insurance coverage that includes Out of Province/Country Emergency Medical insurance, Trip Cancellation insurance, Trip Interruption insurance, Travel Accident insurance worth $500,000, and additional insurance benefits such as Fraud Protection guarantee, Purchase Protection and Buyers Assurance Protection plan.

Click here for more details about the Amex Platinum Card

Best Aeroplan Credit Card for Most Flexibility

American Express Gold Rewards

American Express Gold Rewards Card

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on American Express’ website

Welcome Offer: 25,000 Points

Earn Rate: 2x points for travel, groceries, gas stations, and drugstores. 1x point on everything else.

Annual Fees: $150

Min. Income Required: $0

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Amex Gold Rewards Card is one of the underdogs when it comes to travel credit cards. It offers one of the best airplane miles in Canada today. First, new members receive 25,000 membership rewards points after spending $1,500 on purchases in your first 3 months. It’s standard rewards rates are also competitive. Cardholders earn 2 points for every $1 spent on travel, grocery and drugstore purchases. Earn 1 point per $1 on all other purchases. Earn 1 additional membership rewards points for every $1 charged to your American Express Gold rewards card on eligible hotel or car rental bookings.

Your accumulated points can be transferred to Aeroplan miles at a 1:1 exchange rate. Also, you will get up $200 USD hotel credit on qualifying hotel amenities, and a complementary room upgrade during check-in.

This card comes with a whole range of important insurance policies including Emergency Medical insurance, Trip Interruption insurance, Car Rental Theft and Damage insurance, Lost or Stolen Baggage insurance, Hotel/Motel Burglary Insurance, Flight Delay insurance, Baggage Delay insurance, and Travel Accident insurance worth $500,000.

Keep in mind that AMEX gold rewards card is classified as a charge card and not a credit card. If you do not pay your balance in full then you will be subjected to a 30% interest-rate. 

Click here for more details about the American Express Gold Rewards Card

Honourable mention

CIBC Aerogold Visa Infinite

cibc aerogold visa infinite

Apply Now

on CIBC’s website

Welcome Offer: 35,000 Aeroplan Miles

Earn Rate: 1.5 miles for every $1 spent on eligible gas, grocery, drugstores and aircanada.com. 1 mile on all other purchases. Earn miles twice at Aeroplan Partners.

Annual Fee: $120

Min. Income Required: Personal $60,000 or Household $100,000

Read review

CIBC’s Aerogold visa infinite card gives you 20,000 in Aeroplan miles and a $120 Air Canada eGift Card to new card holders. This card is very similar to TD Aeroplan VISA Infinite, but offers a lower welcome bonus. 

It has an annual fee of $120. Cardmembers earn 1.5 miles for every$1 spent on eligible gas, grocery, drugstores and AirCanada.com purchases. You will also earn 1 mile per $1 spent on all other purchases. Get double the miles when shopping at one of their 150 Aeroplan partners and 100+ online retailers. 

This card comes equipped with a suite of valuable insurance such as Out-of-Province Emergency Travel Medical insurance, Trip Cancellation and Trip Interruption insurance, Flight Delay and Baggage insurance, Auto-rental Collision and Loss Damage insurance, Common Carrier Accident insurance, and Purchase Security and Extended Protection insurance.

Click here to learn more and apply.

Methodology: How We Choose The Cards In This List

The credit cards mentioned this list were compared and analyzed based on features such as welcome bonuses, Aeroplan miles rewards, purchase interest rate, annual fee, insurance coverages, and other perks crucial in a strong Aeroplan credit card.