Tuesday, September 17, 2019

A look at how the current TD Aeroplan Visa Infinite Card sign up offer of up to 40,000 miles can provide huge value!

 
Earlier this month TD came out with an amazing new offer for the TD Aeroplan Visa Infinite Card. The offer provides the best ever welcome bonus of up to 40,000 Aeroplan Miles and a first year annual fee rebate for the primary card. The 40,000 Aeroplan Miles welcome bonus is broken down into three parts.

Part 1
When you receive the card you will be awarded with 15,000 Aeroplan miles on the first purchase made.

Part 2
You will receive double Aeroplan miles on eligible purchases in the first three months, up to 20,000 miles, for a total of 35,000 miles when you combine Parts 1 and 2.  This is all with the first year annual fee of $120 waived on the primary card.

Part 3
You can also earn an additional 5,000 miles when you add an authorized user to your account (an additional card, formerly known as supplementary card). The latter however is still subject to the $50 annual fee.


The good news is that if you have a TD All Inclusive Banking plan you don't ever pay fees on the primary or first additional card so if you don't have the TD Aeroplan Visa Infinite Card as part of your banking package this would be the time to switch to get the 40,000 miles at no cost other than the spend requirement. Even if you don't go for the additional card (you're single or don't want to pay the $50) the 35,000 Aeroplan miles you can earn at no cost other than your credit card spend is higher than any other bonus we have seen on the card before.

You do need to consider how you go about getting the most miles possible because to earn the full 40,000 miles you need to max out your spend on the card in the first three months to take advantage of double Aeroplan miles. If we take the 20,000 mile maximum earned for the double miles portion it will take $6,666.67 to $10,000 in card spend to get all the miles possible. That means you need to budget just over $2,200 to $3,333 in spending per month.  The range in spend is due to the earn rates on the card, the card earns 1.5 Aeroplan miles per eligible dollar spent on grocery, gas, drugstore and aircanada.com purchases which translates to 3 miles per dollar during the double mile earning period. All other purchase earn 1 Aeroplan mile per dollar which doubles to 2 per dollar during those first three months. If you have been planning some home renos, booking a vacation, buying a car, etc. this would be the time to do it and put that spend on this card to get you the most miles. 

The questions is after you get the card and receive the miles,  how can you get really good value from them?

To start, here is a broad example of what 40,000 Aeroplan Miles can get you:
  • 2 Round Trip Economy Class Short Haul Tickets in Canada and the U.S. (with 10,000 miles left over)
  • 1 Round Trip Premium Economy Class Long Haul ticket in Canada and the U.S.
  • 1 Round Trip Economy Class Short Haul ticket and 1 Round Trip Economy Class Long Haul ticket in Canada and the U.S. 
  • 1 One Way Economy Class ticket to Asia (with 2,500 miles left over)
  • 1 One Way Premium Economy Class ticket to Europe (with 2,500 miles left over) 
Have a look at the Classic Flight Award chart for travel out of Canada. Values outlined in red indicate round trip flights you can redeem for while those outlined by a blue box are one way flights you can redeem for.

That's great but what is the value of those 40,000 miles? With so many great welcome offers available right now on a variety of travel rewards credit card why would you want to pick the TD Aeroplan Visa Infinite Card over others? You would want to because this card has the ability to provide you with as little as $480 in value to well over $2,000 just from the miles and not taking into account additional benefits. You have to remember as well - the card is first year free - so outside of the minimum spend requirement, these miles are coming to you for free.

Enough of that! Let's look at some examples of where those miles can take you and the value you can get from them!

The first example we look at of a redemption falling within the 40,000 miles is a one way economy class flight from Toronto to Frankfurt:


This example shows $861* saved on the revenue ticket price for using 30,000 miles and you still have 10,000 miles left over.  That redemption gives you a per mile value of 2.87 cents or a potential value of $1,148 from the 40,000 miles.
(*Calculated as Revenue Ticket Price - Taxes and Fees paid on award ticket - authorized user fee or $861 = $1245.16 - $334.16 - $50)

Another example is a Premium Economy class redemption between Vancouver and Montreal:


This example gives the 40,000 mile welcome bonus a value of $1445.20. This was derived from the ticket costs of $1653.85 on Air Canada less the $158.65 in taxes and fees you have to pay on the Aeroplan ticket and the $50 you pay for the additional card. For those calculating cents per mile, this

How about traveling in style? Here is an example of traveling in business class - and not just bigger seats business class but a flight will full lie flat pods on a Boeing 787-9 Dreamliner! Air Canada flies their internationally configured 787 on select flights between Toronto and Los Angeles where you can enjoy their best business class product:


It only costs 25,000 Aeroplan Miles to redeem for a one way business class ticket on this route and those miles save you $1,518.16. That translates to a value of 0.06 cents per mile or a total value of $2,400 from the welcome bonus! With this redemption option you still would 15,000 miles left over which you could use to book a one way economy class ticket to return from Los Angeles to Toronto for only 12,500 miles.

We've only given you three award flight examples of literally thousands that you could take advantage of with this welcome bonus and from those three alone you can see the value that can be had. To make sure you can get in on this best ever offer on the TD Aeroplan Visa Infinite Card you have to apply for the card by December 1, 2019 but the sooner you get it the sooner you can have those miles in your account to redeem for that vacation you want to take! As to a vacation, we'd love to know what are some of the flights you would redeem these miles for? Let us know in the comments section below!

Click here to learn more about or to apply for the TD Aeroplan Visa Infinite Card

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