TD Aeroplan Visa Business Card

The TD Aeroplan Visa Business Credit Card is specifically designed for small businesses, providing valuable rewards and travel benefits with Air Canada. This card offers high earning rates across various spending categories, making it easier to accumulate points. Additionally, cardholders enjoy perks such as lounge access and free checked bags, enhancing their travel experience and providing added convenience.

Welcome Offer

Earn up to 60,000 Aeroplan points, including 10,000 points after the first purchase, 45,000 points for monthly spending, and 5,000 points for mobile wallet purchases.

Summary

This credit card has an annual fee of $149. The interest rate is 14.99% for purchases and 22.99% for cash advances. If you need additional cards, they come with a fee of $49 each.

Rewards

This credit card helps you earn points on everyday spending. You’ll get 2X points for every dollar spent on Air Canada purchases. For travel, dining, and select business categories, you earn 1.5X points per dollar. All other purchases earn you 1 point per dollar spent.

Benefits

This credit card offers valuable travel benefits. Your first checked bag is free on Air Canada flights for you and up to 8 companions. You also receive passes to the Maple Leaf Lounge, enhancing your airport experience. Additionally, the card reimburses your NEXUS application fee, helping you speed through customs and security.

Insurance

Includes travel medical, trip cancellation/interruption, flight/trip delay, common carrier travel accident, baggage, auto rental collision/loss damage, and mobile device insurance.

Editor’s Review

TD Aeroplan Visa Business Credit Card Review

Overview

The TD Aeroplan Visa Business Credit Card is tailored for small business owners who frequently travel with Air Canada. This card offers impressive rewards on various spending categories, enhancing both everyday purchases and travel experiences.

Key Features

Interest Rates

• Purchases: 14.99%
• Cash Advances: 22.99%

Rewards Program

• Welcome Offer: Up to 60,000 Aeroplan points
  • 10,000 points after the first purchase
  • 45,000 points for monthly spending
  • 5,000 points for mobile wallet purchases
• Earning Rates:
  • 2X points per dollar on Air Canada purchases
  • 1.5X points per dollar on travel, dining, and select business categories
  • 1 point per dollar on all other purchases

Fees

• Annual Fee: $149
• Additional Cards: $49 each

Benefits

• Free first checked bag on Air Canada flights for you and up to 8 companions
• Maple Leaf Lounge passes
• NEXUS application fee reimbursement

Insurance Coverage

• Travel medical
• Trip cancellation/interruption
• Flight/trip delay
• Common carrier travel accident
• Baggage
• Auto rental collision/loss damage
• Mobile device insurance

Security Features

• Enhanced fraud protection
• Zero liability for unauthorized transactions

Pros and Cons

Pros:

• High earning rates on Air Canada and business-related purchases
• Comprehensive travel benefits including free checked bags and lounge access
• Robust insurance coverage for travel and purchases
• Generous welcome offer of up to 60,000 points

Cons:

• Annual fee of $149 might be high for some businesses
• Higher interest rates on cash advances
• Additional card fee of $49 per card

Who is this card for?

This card is ideal for small business owners who frequently travel with Air Canada and want to maximize their rewards and travel benefits. It’s especially beneficial for those who can take full advantage of the comprehensive insurance coverage and travel perks.

Comparison with Similar Cards

Final Verdict

The TD Aeroplan Visa Business Credit Card scores 8.5/10. It offers substantial rewards and valuable travel perks, making it a strong contender for business owners who frequently fly with Air Canada. While the annual fee is relatively high, the benefits and earning potential can easily offset this cost for frequent travelers.