TD Aeroplan Visa Business

Overview

The TD Aeroplan Visa Business Card is TD Bank's dedicated Aeroplan-earning card for Canadian business owners. Issued by TD, it earns Aeroplan points directly on business spending — not TD Rewards points that need to be converted — meaning your balance sits in your Aeroplan account and works alongside any points you earn from flying Air Canada or shopping at Aeroplan partners. The $149 CAD annual fee positions it firmly in mid-tier business card territory. The earn structure has three tiers: 2x points on Air Canada purchases, 1.5x on travel and transit, dining, EV charging, and select business categories like shipping and internet/cable/phone, and 1x on everything else.

Who this card is for

This card suits a business owner or sole proprietor who already participates in the Aeroplan program and wants to consolidate business spending into that same ecosystem. You don't need to be a frequent Air Canada flyer — the 1.5x business category rate (shipping, internet, phone, cable) means everyday operating costs generate meaningful points. There's no minimum income requirement listed, and the application is open to incorporated businesses and unincorporated self-employed applicants through TD's small business banking channel.

Key benefits

The tiered earn structure creates real value for businesses with a mix of travel and operational spending. Spend $2,000 CAD per month on dining and business services at the 1.5x rate, and you're accumulating 36,000 Aeroplan points over a year from those categories alone — enough for a short-haul economy redemption. Air Canada purchases at 2x points reward businesses that book their own travel directly.

Beyond points, the card includes a NEXUS application fee rebate (up to $100 CAD, once every 48 months) and a first free checked bag on Air Canada flights for the primary cardholder and up to eight companions on the same booking. A welcome bonus is available for new cardholders, structured across first purchase and spending milestones over 365 days. Business travel insurance coverage is bundled with the card. Additional cardholders can be added, with the first two rebated for the first year as part of welcome offers.

Potential drawbacks

The $149 CAD annual fee is real overhead for a small operation that doesn't travel much. If your business spending doesn't include the 1.5x categories — travel, dining, shipping, business services — you're largely earning 1x on everything, which is hard to justify at this fee level. Aeroplan points also work best when redeemed for Air Canada or Star Alliance flights; if you'd rather have cash or merchandise redemptions, the currency is less versatile than straight cashback.

How it compares

The American Express Aeroplan Reserve Business earns 1.5x on all eligible business spending with no category restrictions, plus Maple Leaf Lounge access — but at $599 CAD annually. For smaller operations that want Aeroplan without the premium price, the TD Aeroplan Visa Business sits in a more accessible range. The TD Business Cash Back Visa offers 2% cashback on gas, public transit, and office supplies at no annual fee — a sensible choice if you prefer predictable cash returns over points flexibility.

Bottom line

The TD Aeroplan Visa Business Card works well for business owners who already use Aeroplan and want their regular operating costs — phone bills, shipping, dining — building toward the same pool of points they earn when flying. If Aeroplan is already your programme of choice, it pays its fee without much fuss.