The best Aeroplan credit cards in Canada are unusually close on ongoing value. TD and CIBC charge the same fee and use nearly identical earn rates, so the real decision comes down to the current offer, insurance details and which bank is easier for you to keep.
Terms and offers checked August 20, 2026My default pick is the TD Aeroplan Visa Infinite for travellers who want the longer-established all-round package. The CIBC Aeroplan Visa Infinite can be the better first-year choice when its offer requires spending you would make anyway. The no-fee CIBC Aeroplan Visa is the cleaner answer for an occasional Air Canada flyer who cannot justify CA$139 every year.
CA$139 a year. Earns 1.5 Aeroplan points per CA$1 on eligible gas, EV charging, groceries and direct Air Canada purchases, then 1 point per CA$1 elsewhere. The free first checked bag applies to the cardholder and up to eight companions on the same reservation.
CA$139 a year with the same core 1.5-point categories. CIBC's current offer can reach 50,000 points, but the final 25,000-point anniversary tier requires CA$12,000 in first-year purchases.
CA$0 a year. It earns 1 Aeroplan point per CA$1 on eligible Air Canada, gas, EV charging and grocery purchases. The lower earn is easier to accept when you fly infrequently and want to keep the account without an annual cost.
Not an Aeroplan-branded card, but Membership Rewards points can transfer to Aeroplan. Its 5-point food earn can beat the co-branded cards for eligible Canadian dining and grocery spending, subject to a CA$2,500 monthly cap and Amex acceptance.
| Card | Annual fee | Accelerated earn | Main catch |
|---|---|---|---|
| TD Aeroplan Visa Infinite | CA$139 | 1.5 points per CA$1 on eligible gas, EV charging, groceries, direct Air Canada and a time-limited Hyatt category | The core accelerated categories share an annual CA$80,000 purchase cap. No airport lounge membership. |
| CIBC Aeroplan Visa Infinite | CA$139 | 1.5 points per CA$1 on eligible gas, EV charging, groceries and Air Canada | The current full offer requires CA$12,000 in first-year spending. No airport lounge membership. |
| CIBC Aeroplan Visa | CA$0 | 1 point per CA$1 on eligible gas, EV charging, groceries and Air Canada | Lower earn and fewer premium travel protections than the Infinite cards. |
| American Express Cobalt | CA$191.88 | 5 Membership Rewards points per CA$1 on eligible eats and drinks in Canada, including grocery stores | Not accepted everywhere, food earn is capped monthly and Air Canada benefits such as a free checked bag are not included. |
Ongoing terms were checked against TD, CIBC and American Express. Offers can change without notice.
The TD and CIBC Visa Infinite cards are close enough that a dramatic universal winner would be fake precision. Both charge CA$139 and earn 1.5 points in the categories most Aeroplan households will use. Both include a free first checked bag on eligible Air Canada travel for the cardholder, authorized users and up to eight companions on the same reservation.
The current TD offer reaches 50,000 points: 10,000 after the first purchase, 15,000 after CA$3,000 within 90 days and another 25,000 after CA$12,000 in the first year. The current CIBC offer also reaches 50,000 points: 10,000 after the first purchase, 15,000 after CA$6,000 in six statement periods and 25,000 after CA$12,000 in the first year. Both also rebate the first-year annual fee. The totals match, but TD releases the middle tier at half the spend.
That distinction matters. Do not move CA$12,000 of spending onto a weaker card just to chase an anniversary bonus. Compare what the card earns on that spending against the card you would otherwise use.
Skip a co-branded Aeroplan card if you rarely use Air Canada, want rewards that redeem as simple cash or routinely carry a balance. Airline points require a little flexibility to use well, and the value varies with route, dates, taxes and award availability.
The Infinite cards also require CA$60,000 in personal annual income or CA$100,000 in household income. The no-fee CIBC card has a lower cost of ownership, while a cash-back card may be the more honest fit when travel is not a regular expense.
TD is the safer all-round starting point, but CIBC can lead in the first year when its offer is stronger and the spending thresholds fit your budget. Ongoing earn is close enough that insurance and banking convenience should break the tie.
It can be when checked-bag savings and annual points exceed CA$139. A household checking bags on more than one Air Canada trip can recover much of the fee from that benefit alone. Verify baggage eligibility before assigning it a value.
Yes. They are issued by different banks. Each application and offer remains subject to its own eligibility terms, and CA$278 in combined annual fees is only sensible when both cards provide repeatable value.
Choose TD Aeroplan Visa Infinite for a balanced premium card, CIBC Aeroplan Visa Infinite when its current offer is better for spending you already planned, and CIBC Aeroplan Visa when avoiding an annual fee matters more than maximizing earn. Consider Cobalt only if its food multiplier and transferable points outweigh the Amex acceptance gap.
Two head-to-head pages work through the numbers behind those calls: TD Aeroplan vs CIBC Aeroplan Visa Infinite compares the two premium issuers directly, and Amex Cobalt vs TD Aeroplan Visa Infinite shows what the acceptance gap costs against the higher earn rate. Browse all card comparisons or read the individual card reviews.
This content is for informational purposes only and does not constitute financial advice. CardGenie has no issuer partnerships. Verify current terms, eligibility and offer dates directly with the issuer before applying.