Tuesday, March 3, 2020

New welcome offer for the TD Aeroplan Visa Infinite Card - Earn up to 30,000 Bonus Aeroplan Miles with first year annual fee rebate on Primary Card & 1st Additional card


A new offer for the TD Aeroplan Visa Infinite card was released today and it is almost the same as the offer we have seen for the past three months. The only change for this iteration of the offer is the addition of a first year annual fee rebate offer for the first additional/supplementary cardholder. This is in addition to the primary card having a first year annual fee rebate. The bonus is the same at 30,000 Aeroplan Miles with $3,000 in spending however the earning of the 30,000 has changed slightly.

Now what you'll want to know is how do you earn the full 30,000 Aeroplan Mile welcome bonus. When you receive the card you will be awarded with 15,000 Aeroplan miles on the first purchase made. Then you will receive 5,000 additional Aeroplan miles when you spend $1,000 in each of the first three months you have the card. That is, if you spend $1,000 on the card in month one you'll earn 5,000 Aeroplan miles. This bonus is over and above the normal 1 to 1.5 Aeroplan Miles per dollar you would earn on the card for purchases.  All told, spend $1,000 in each of those three months ($3,000 in total) and you have the additional 15,000 Aeroplan Miles.  This is all with the first year annual fee rebate of $120 on the primary card and $50 fee rebate for the first additional cardholder. Of course if you have a TD All Inclusive Banking plan you don't ever pay annual fees on the primary or first additional card.

Just remember, the $1,000 is key - as the offer states you will earn 5,000 Aeroplan Miles for hitting that $1,000 mark each month.  So don't go out and blow $3,000 in the first month thinking you'll get 15,000 miles right away. Play it cool and make sure you can hit the $1,000 each month for those first three months.

I would also recommend that if you play the credit card sign up bonus game or are a credit card churner - you may want to take a break from other cards when you get this card.  The reason why is so you can focus your spend to reach that $1,000 spend per month without stretching your finances to meet the minimum spend requirements on other cards at the same time. We've heard too many stories of people scrambling because they signed up for and received too many cards in a short period of time and struggled to hit the minimums to earn the welcome bonuses.

That aside - once you do have this card and have earned the 30,000 Aeroplan miles you have a lot of travel reward value at your disposal. Looking at the Aeroplan Classic Flight reward chart there are lots of round trip options that run from 15,000 to 30,000 miles and even more one way options since they are exactly half of the rates listed on the chart:


 Here are some of the possible redemption options for the 30,000 mile level:

  • 2 Round Trip Economy Class Short Haul tickets 
  • 1 Round Trip Business Class Short Haul ticket 
  • 1 Round Trip Economy Class Long Haul ticket in Canada and the U.S. (with 5,000 miles left over)
  • 1 One Way Economy Class Ticket to South America or Europe
The value you get out of the sign up bonus will really vary based on what you redeem your miles on. In many of our past posts we see Aeroplan miles being worth as little as 1.2 cents for economy class flights to well over 6 cents per mile for business class flights. That means the 30,000 mile welcome bonus is worth anywhere from $360 to $1,800+ which makes it one of the most worthwhile sign up offers in the market seeing that it basically comes to you at no cost since the first year annual fee is waived.

This is a limited time offer and only valid until May 31 2020.

Find out more and apply for the card here.

This offer is not available for residents of Quebec. For Quebec residents, please click here.  
 

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