Earn rates

The card has three earn tiers. Air Canada earns at the highest rate. A broad set of business-relevant categories earns at the middle rate, covering most of what a typical business puts on a card. Everything else earns 1x.

Spending category	Earn rate
Air Canada flights and Air Canada Vacations	2x Aeroplan
Travel & transit	1.5x Aeroplan
Dining	1.5x Aeroplan
Electric vehicle charging	1.5x Aeroplan
Shipping	1.5x Aeroplan
Internet, cable, and phone services	1.5x Aeroplan
Everything else	1x Aeroplan

1 Aeroplan point ≈ 1.5¢ in travel at typical fixed-chart redemptions, and more on premium-cabin partner awards. Actual value varies by route and partner.

Points also stack at over 150 Aeroplan partner brands and 200+ online retailers via the Aeroplan eStore when you pay with the card and provide your Aeroplan number.

Benefits

Benefit	Details
Free first checked bag	The primary cardholder, additional cardholders, and up to eight travel companions on the same Air Canada reservation each get their first checked bag free (up to 23 kg / 50 lb) when the trip originates on an Air Canada flight.
Maple Leaf Lounge passes	Earn 1 complimentary Maple Leaf Lounge pass per $10,000 in net card purchases, up to 4 passes per account year. Passes are deposited up to 2 weeks after renewal. Valid at Air Canada Maple Leaf Lounges in Canada and the U.S. only (excludes international departure zones and Signature Suites).
Nexus fee rebate	Up to $100 CAD rebated for a Nexus program application or renewal once every 48 months per cardholder.
Priority check-in	Priority check-in access on Air Canada flights.
Aeroplan partner earn	Points stack when you pay with the card and provide your Aeroplan number at 150+ partner brands and the Aeroplan eStore.
First year fee rebate	Annual fee is rebated for the first year for the primary cardholder and the first two additional cardholders.
Travel insurance	Travel medical (up to $2M, 15 days), trip cancellation, trip interruption, and common carrier accident insurance included.

Free checked bag

The bag benefit covers the primary cardholder, all additional cardholders, and up to eight companions on the same reservation. For a team of two travelling together on Air Canada, the card saves ~$60 per return trip at current Air Canada checked bag fees. At two business trips per year that’s $120 in direct savings, partially offsetting the $149 annual fee before any points are considered.

Maple Leaf Lounge passes

The card earns 1 Maple Leaf Lounge pass for every $10,000 in net purchases, up to 4 passes per account year. At $40,000 in annual card spend you collect the full 4. Passes are deposited up to two weeks after the renewal date and expire 12 months from issuance. Each pass admits one person — the primary cardholder, an additional cardholder, or a guest travelling with one of them. Access is limited to Maple Leaf Lounges in Canada and the U.S.; international departure zone lounges and Signature Suites are excluded.

The CIBC Aeroplan Business Plus also includes up to 4 Maple Leaf Lounge passes per year, but allocates them outright rather than tying them to a spend threshold.

Nexus credit

The card rebates one Nexus application or renewal fee (up to $100) every 48 months. Nexus provides expedited processing at the Canada–U.S. border and access to dedicated lanes at major Canadian airports. For business travellers flying to the U.S. multiple times per year, the time savings compound. The rebate covers the full cost of the program and resets every four years.

Travel insurance on the TD Aeroplan Visa Business Card

Rental car pays first

The TD Aeroplan Visa Business Card scores 76 of 100 on the figures its certificate publishes, joint 22nd of the 59 Canadian cards compared. Emergency medical is capped at $2,000,000 for trips up to 15 days. At 65 the longest covered trip falls from 15 days to 4.

Emergency medical	$2,000,000 · age 0–64: 15 days; age 65+: 4 days · 90-day stability window
Trip cancellation	$1,500 per person · $5,000 per account
Trip interruption	$5,000 per person · $25,000 per account
Flight or trip delay	$500 per person · after 4 hours
Baggage delay	$1,000 per person · after 6 hours
Rental car collision or damage	Pays first · rentals to 48 days · vehicles to $65,000

You must charge 75% of the trip cost to the card for the coverage to apply. A booking made with points still qualifies, though Aeroplan points redemption counts toward the charge requirement. You have 45 days from the incident to report a claim. Dependent children are covered to age 22.

Every figure from the certificate, with its own wording

Emergency medical	limit: $2,000,000 (per Insured Person per Covered Trip) age 0–64: 15 days; age 65+: 4 days pre existing stability days: 90 days (180 days for Insured Persons 65 years of age or older)
Trip cancellation	per person: $1,500 (per Insured Person per Covered Trip) per account: $5,000 (total per Covered Trip for all Insured Persons on the same Covered Trip) covered reasons: death of an Insured Person or Travelling Companion, sudden and unexpected sickness or accidental injury of an Insured Person or Travelling Companion, death of an Immediate Family Member of the Insured Person (Medical Covered Causes for Cancellation; enumeration truncated at 40 words, further medical and non-medical causes follow in the certificate)
Trip interruption	per person: $5,000 (per Insured Person per Covered Trip) per account: $25,000 (total per Covered Trip for all Insured Persons on the same Covered Trip)
Flight or trip delay	per person: $500 (meals, accommodation and additional ground transportation while delayed) trigger hours: 4 hours
Baggage delay	per person: $1,000 (combined maximum of $1,000 per Covered Person per Trip shared with lost baggage) trigger hours: 6 hours (measured from arrival at the Final Destination)
Lost, stolen or damaged baggage	per person: $1,000 (combined maximum of $1,000 per Covered Person per Trip shared with delayed baggage)
Travel accident	limit: $500,000 (accidental loss of life; the certificate states the figure in a Schedule of Benefits table row) common carrier only: No (rental car accident coverage is also provided, with a maximum of $2,000,000 for any one Rental Car Accident) covers 24h: No (Loss must arise on a Covered Trip while on or entering or exiting a Common Carrier, at the terminal, or in a Rental Car)
Hotel or motel burglary	$2,500 (per occurrence for all Insured Persons; Hotel/Motel must be located in Canada or the United States)
Emergency travel assistance	offered: Yes (assistance services only, not an insurance benefit)
Rental car collision or damage	is primary: Yes (except for losses waived or assumed by the Rental Agency or their insurer) vehicle value cap: $65,000 (Manufacturer’s Suggested Retail Price excluding all taxes, at the time and place of loss) max rental days: 48 days (consecutive days; exceeding 48 days voids coverage for the whole rental period) excluded classes: vans, cargo vans or mini cargo vans (other than Mini‑Vans as described above), trucks, pick‑up trucks or any vehicle that can be spontaneously reconfigured into a pick‑up truck, limousines (vehicle classes not covered; enumeration truncated at 40 words, further excluded classes follow in the certificate) territory: Coverage is available except where prohibited by law.
Purchase protection	days: 90 days (from the date of purchase, in excess of other applicable insurance)
Extended warranty	years added: 1 year (equal to the Manufacturer’s Warranty period or one year, whichever is the lesser; the certificate prints this in words only and the numeral appears in the issuer product summary) cap: $60,000 (aggregate lifetime maximum per Account Holder across all TD Credit Cards, shared with purchase security)
Mobile device	limit: $1,000 (payment is the lesser of repair or replacement cost, not exceeding depreciated value at 2% per completed month, less the deductible; Account Holder must be a natural person) deductible: $100 (tiered on Total Cost less taxes: $25 up to $200, $50 from $200.01 to $400, $75 from $400.01 to $600, $100 at $600.01 or more) requires full charge: No (alternatively fund the device through a Plan and charge all monthly wireless bill payments to the Account) eligible events: lost, stolen or suffers mechanical breakdown or Accidental Damage

Figures above are from the TD Aeroplan Visa Business Cardholder Agreement and Benefit Coverages Guide, underwritten by TD Life Insurance Company; TD Home and Auto Insurance Company. Checked against the certificate for 13 coverage types. Terms change without notice; verify with the issuer before relying on any figure.

Compare travel insurance across 59 cards

What the earn math looks like

A business cardholder spending $3,000 per month across typical categories:

Category	Monthly spend	Rate	Monthly pts
Air Canada flights	$500	2x	1,000
Travel, dining, internet, shipping	$700	1.5x	1,050
All other spending	$1,800	1x	1,800
Total	$3,000		3,850 pts / mo

46,200 Aeroplan points per year from card spend alone at this level, before partner stacking or the welcome bonus. At a typical redemption value of ~1.5–2¢ per Aeroplan point, that represents $700–$925 in travel value annually.

Good fit if

You and your team fly Air Canada regularly and currently pay for checked bags.
Business expenses include shipping, telecom, and dining, where the 1.5x rate applies across a broad spend base.
You want to accumulate Aeroplan points for Air Canada redemptions without the $599 price of the premium business card.

Not sure this is the card for how you travel? Book a free conversation, or see membership plans for ongoing help.

Less useful if

Your team flies primarily on other carriers and the Air Canada earn bonus does not apply to most bookings.
Business spend stays under $10,000 per month — Maple Leaf Lounge passes are earned at $10,000 per pass, so low-spend months yield fewer passes than the CIBC card’s guaranteed four.
Most business spending falls outside the 1.5x categories, making the flat 1x base rate uncompetitive against dedicated business cashback cards.