TD Aeroplan Visa Business Card Review

Get comprehensive travel benefits and earn more points when you make business purchases with this high-end travel card.

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By

Claire Horwood

Updated

The TD Aeroplan Visa Business Card is a credit card designed for small business owners. It lets you earn 1.5 points for every dollar you spend on travel, dining and select business categories. You’ll also earn 2 points per dollar for Air Canada purchases and 1 point for everything else.

This card comes with a $149 fee and includes a low interest rate, a decent welcome bonus and a reasonable number of travel benefits.

30-second take

  • Think about this card if you operate a small business and want to collect Aeroplan points.
  • Choose something else if you don’t want to pay an annual fee or you plan to use your card for personal expenses.
  • There are no annual income requirements for the TD Aeroplan Visa Business Card.

The Basics

If you collect Aeroplan points and want an easy way to track your business expenses, then the TD Aeroplan Visa Business Card could be the right fit for you.

  • Accelerated points for business. Earn 1.5 points per dollar for travel, dining and select business categories such as shipping, Internet, cable and phone services.
  • Earn 2x the rewards. Earn extra points by showing your Aeroplan membership when you pay with your card.
  • Low interest. Pay interest rates as low as 14.99% on outstanding balances.
  • Welcome bonus. Earn up to 50,000 Aeroplan points and get the first year annual fee waived. Apply by January 6, 2025.
  • Purchase protection. Protect the items you buy online with purchase protection and extended warranty coverage on your card.
  • Mobile device insurance. Get protection for your mobile phone in the event that it gets lost, stolen or damaged within the period of coverage (some conditions apply).
  • Air Canada perks. Take advantage of free checked baggage and up to four complimentary annual passes per year to Air Canada’s Maple Leaf Lounge.
  • Travel benefits. Enjoy a full suite of TD Aeroplan Visa Business travel insurance including travel medical, trip cancellation, flight delay and hotel burglary insurance.

TD Aeroplan Visa Business travel insurance

Insurance typeLevel of coverage
Travel medicalUp to $2 million for 15 days if you're under 65 years old, and 4 days if you're 65 or older.
Trip cancellation/interruptionUp to $1,500 per passenger per incident (or $5,000 for all insured combined).
Flight or trip delayUp to $500 per passenger if your flight is delayed for more than 4 hours.
Delayed or lost baggageUp to $1,000 per passenger if your luggage gets lost or is delayed for more than 6 hours.
Hotel burglaryUp to $2,500 per trip for all insured passengers combined

The perks

  • Common carrier insurance. Get up to $500,000 of coverage for trips on buses, ferries and trains.
  • Car rental coverage. Take advantage of free 48-day car rental insurance, and get special discounts with select providers such as Avis and Budget.
  • NEXUS rebates. Receive a rebate worth up to $100 to cover the costs of NEXUS enrollment or renewal once every 4 years.
  • Business tracking tools. Get access to tools that let you review your business expenses, manage your credit limits and apply spending controls to employee cards.
  • Enhanced security. Protect online purchases with Visa Secure and receive instant TD fraud alerts for suspicious activity on your account.
  • Cash advances. Get access to an emergency cash advance on your TD Aeroplan Visa Business Card (subject to your available credit limit).

What to watch out for

  • High annual fee. This card comes with an annual fee of $149, though you may qualify for partial fee rebates for up to three cards.
  • No extra points for everyday purchases. You won’t earn a higher return on points for everyday purchases like gas and groceries.
  • Less flexible points. You can’t exchange your points for cashback or transfer your points to other travel rewards programs.
  • Fee for additional cards. You’ll have to pay $49 for every card you add to your account.

TD Aeroplan Visa Business Card interest rates

Interest TypeInterest Rate
Purchase interest rate14.99%
Cash advance rate22.99%

What should I know before I apply?

Eligibility requirements

To apply for a TD Aeroplan Visa Business Card, you need to meet the following criteria:

  • Be a Canadian citizen or permanent resident who is at least 18 years old (19 in some provinces)

Required documents and information

  • Your name, residential status and contact information
  • Your Social Insurance Number and date of birth
  • Your email address and phone number

How to apply

  1. Visit TD’s main page to access the TD Aeroplan Visa Business Card application.
  2. Complete the application, which includes providing your name, email address, Social Insurance Number and birth date.
  3. Review and submit your application.

Bottom line

The TD Aeroplan Visa Business Card is designed for small business owners who want to collect more Aeroplan points when they make business purchases. This card comes with a welcome offer, comprehensive travel insurance, business tracking tools and a nice spread of travel perks. Just be aware that it also comes with an annual fee of $149, though you may qualify for fee rebates in your first year.

Frequently asked questions about the TD Aeroplan Visa Business Card

Written by

Associate editor

Claire Horwood was a writer at Finder, specializing in credit cards, loans and other financial products. She has a Bachelor of Arts in Gender Studies from the University of Victoria, and an Associate’s Degree in Science from Camosun College. Much of Claire’s coursework has focused on writing and statistics, with a healthy dose of social and cultural analysis mixed in for good measure. In her spare time, Claire enjoys rock climbing, travelling and drinking inordinate amounts of coffee. See full bio

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