Earn rates

The Platinum earns at two rates. Gas stations, EV charging, grocery stores, and direct Air Canada purchases earn 1 point per $1, up to a combined $80,000 per year in those categories. Everything else earns 1 point per $1.50, which works out to 0.67 points per dollar. That base rate is the card’s most significant weakness: the Visa Infinite earns a full 1x on all spending for an additional $50 per year in annual fee.

Spending category	Earn rate	Points per $100 spent
Gas and EV charging	1 pt / $1	100 pts
Grocery stores	1 pt / $1	100 pts
Air Canada (direct purchases)	1 pt / $1	100 pts
Everything else	1 pt / $1.50	67 pts

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.

The bonus earn rate applies to a combined maximum of $80,000 per year across eligible categories. Spending beyond that cap earns at the 1 pt/$1.50 base rate.

Key benefits

Mobile device insurance

Coverage up to $1,000 for loss, theft, or accidental damage on a mobile device purchased with the card or on a plan paid with the card.

Purchase security and extended warranty

Purchase security covers new items against theft or damage for 90 days. Extended warranty doubles the manufacturer’s warranty up to a maximum of 12 additional months.

Avis and Budget discount

Minimum 10% discount on car rentals at Avis and Budget locations when booking with the card.

Aeroplan Family Sharing

Points earned on the card can be pooled with up to eight family members through the Aeroplan Family Sharing program.

Travel insurance on the TD Aeroplan Visa Platinum

Rental car pays first No emergency medical No trip cancellation

The TD Aeroplan Visa Platinum scores 15 of 100 on the figures its certificate publishes, joint 42nd of the 59 Canadian cards compared. The certificate carries no emergency medical benefit, so a hospital bill abroad is yours. That is the gap to close before you travel, whatever else the card covers. Trip cancellation is excluded, so a trip called off before departure is not covered.

Emergency medical	Not included
Trip cancellation	Not included
Trip interruption	Not included
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. You have 45 days from the incident to report a claim. Dependent children are covered to age 21.

Every figure from the certificate, with its own wording

Emergency medical	Not included
Trip cancellation	Not included
Trip interruption	Not included
Flight or trip delay	per person: $500 (covers meals, accommodation and reasonable additional ground transportation while delayed; excess over any other insurance or common carrier reimbursement) trigger hours: 4 hours (delay must be caused by inclement weather, equipment failure of the common carrier, or an unforeseen strike or job action by carrier employees)
Baggage delay	per person: $1,000 (shared maximum with lost baggage; purchases must be made before the baggage is returned and no more than 96 hours after arriving at the Final Destination) trigger hours: 6 hours (measured from the Covered Person's time of arrival at the Final Destination; no coverage for a delay on the return home to the province of residence)
Lost, stolen or damaged baggage	per person: $1,000 (shared $1,000 maximum with baggage delay, per Covered Person per Trip; pays the portion of replacement cost not paid by the common carrier or other insurance)
Travel accident	limit: $500,000 (principal sum for accidental loss of life; the same amount applies to quadriplegia, paraplegia, hemiplegia, permanent total disability and coma. Whitespace in the certificate's Schedule of Benefits table is collapsed to single spaces in the quote) common carrier only: No (Section 5 of the certificate extends the same schedule of benefits to a Loss while operating or riding in, boarding or alighting from a Rental Car) covers 24h: No (cover attaches only on a Covered Trip while riding, entering or exiting a Common Carrier, at the terminal, while travelling directly to or from it, and while in a Rental Car)
Hotel or motel burglary	$2,500 (per occurrence for all Insured Persons and excess of other insurance; the Hotel/Motel must be in Canada or the United States and excludes a privately-owned residence rented through an online marketplace)
Emergency travel assistance	offered: Yes (assistance services only and not an insurance benefit; provided by Global Excel Management Inc. and the cardholder remains liable for the cost of the services arranged)
Rental car collision or damage	is primary: Yes (except for losses waived or assumed by the Rental Agency or their insurer, and where local government insurance legislation states otherwise) vehicle value cap: $65,000 (MSRP excluding all taxes, at the time and place of loss) max rental days: 48 days (if the rental period runs past 48 consecutive days no coverage applies to any part of the rental, and the period cannot be extended by renewing or taking a new agreement) excluded classes: vans, cargo vans or mini cargo vans (other than minivans as described above), trucks, pick-up trucks or any vehicle that can be spontaneously reconfigured into a pick-up truck, limousines (enumeration truncated at the 40-word cap; the certificate also excludes off-road vehicles, motorcycles, mopeds or motor bikes, trailers, campers, recreational vehicles, vehicles towing trailers, mini-buses or buses, exotic vehicles, hand-built or under-2,500-per-year production vehicles, antique vehicles and Tax-free cars) territory: Coverage is available except where prohibited by law. (the rental vehicle may be driven on publicly maintained gravel roads and across provincial and state boundaries in Canada and the U.S. and between Canada and the U.S.)
Purchase protection	days: 90 days (all risk of direct physical loss or damage anywhere in the world, excess of other applicable insurance; at least 75% of the Purchase Price must be charged to the Account)
Extended warranty	years added: 1 year (doubles the Manufacturer's Warranty up to one additional year; automatic coverage applies to warranties of 5 years or less, and longer warranties must be registered with the Administrator within the first year after purchase) cap: $60,000 (maximum aggregate lifetime benefit per Account Holder across all TD Credit Cards, shared with Purchase Security)
Mobile device	limit: $1,000 (reimbursement is the lesser of repair or replacement cost, not exceeding the depreciated value at date of loss less the deductible; depreciation runs at 2% for each completed month from purchase) deductible: $100 (deductible scales with Total Cost less taxes: $25 for $0-$200, $50 for $200.01-$400, $75 for $400.01-$600, $100 for $600.01 or more) requires full charge: No (alternatively the Total Cost may be funded through a wireless Plan with all monthly wireless bill payments charged to the Account for the duration of the Plan) eligible events: lost, stolen or suffers mechanical breakdown or Accidental Damage (coverage runs from 30 days after purchase to two years after purchase; one claim in any 12 consecutive months and two in any 48 consecutive months)

Figures above are from the TD Aeroplan Visa Platinum 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 cardholder spending $2,500 per month across typical categories:

Category	Monthly spend	Rate	Monthly points
Groceries	$600	1 pt / $1	600 pts
Gas	$200	1 pt / $1	200 pts
All other spending	$1,700	1 pt / $1.50	1,133 pts
Total	$2,500		~1,933 pts / mo

~23,200 Aeroplan points per year at this spend mix. At 1.5 cents per point, that is approximately $348 in Aeroplan value annually. By comparison, the Visa Infinite earns 34,800 points at the same spend level, a difference of 11,600 points worth ~$174 per year. The Visa Infinite costs $50 more per year in annual fee and earns $174 more in points value at this spend level, before any consideration of the checked bag or insurance benefits.

Good fit if

You want to earn Aeroplan points but don't meet the $60,000 personal income requirement for the Visa Infinite.
You want the lowest-cost entry into the TD Aeroplan lineup and plan to upgrade once you qualify.
Your spending concentrates in Air Canada, gas, EV charging, and groceries, the only categories that earn a full point per dollar.

If that describes you, apply for the TD Aeroplan Visa Platinum. Not sure yet? Book a free conversation and we will walk through it together.

Less useful if

You qualify for the TD Aeroplan Visa Infinite. For $50 more it earns a full 1x on all spending, adds a free checked bag and travel insurance, and earns back the fee gap at any meaningful spend.
Much of your spending falls outside the bonus categories. The 1 pt per $1.50 base rate (0.67 pts/$1) is well below average.
You want lounge access, a companion pass, or status acceleration. The Platinum includes none of these.