Apply for the TD Aeroplan Visa Infinite Card

For Canadian travelers seeking to maximize their rewards and enjoy premium benefits, the TD® Aeroplan® Visa Infinite Card stands as a compelling choice.

This card is meticulously designed to accelerate your Aeroplan points accumulation, offering a suite of travel perks that enhance your journeys.

Advantages of the TD Aeroplan Visa Infinite Card

The TD® Aeroplan® Visa Infinite Card is excellent for travelers, offering a robust Aeroplan rewards program.

Earn 1.5 points per $1 on gas, groceries, and direct Air Canada purchases, and 1 point per $1 on other spending, maximizing your accumulation for travel.

The card includes premium travel benefits like a complimentary checked bag (for the primary cardholder and up to 8 companions), priority airport services (check-in, boarding, baggage), and Maple Leaf Lounge access.

While it has an annual fee ($139), often waived for the first year, the value of points and benefits usually outweighs the cost for frequent travelers.

As a Visa Infinite, it boasts global acceptance and features comprehensive security features from TD Bank, including fraud protection.

Aeroplan points offer flexible redemption for flights, hotels, car rentals, and more, adapting to your travel preferences.

How Long Does the Application Analysis Take?

The application analysis time for the TD® Aeroplan® Visa Infinite Card can vary, but TD Bank generally strives for an efficient review process.

• Online applications are often the fastest route. Many applicants, particularly those with strong credit histories and straightforward financial profiles, may receive an instant decision or a conditional approval within minutes of submitting their application. This rapid response is common for applicants who meet all the eligibility criteria immediately.
• If your application requires further review, or if TD Bank needs additional information to thoroughly assess your eligibility, the entire process from submission to a final decision can typically range from a few business days to up to 15 business days. Factors influencing this timeline include the completeness and accuracy of your application, the complexity of your individual credit history, and the current volume of applications TD Bank is processing.
• To help ensure a smooth and swift application, it is crucial to provide accurate and complete information on your application form. This includes precise details about your income, employment status, residential history, and existing financial obligations. Having readily available identification, such as your Social Insurance Number (SIN) and a valid government-issued ID, can also help expedite the review and approval process.

TD Bank may also contact you by phone or email to verify details provided on your application, so it’s important to monitor these channels for any communication from them.

Prompt responses to such requests can significantly speed up the analysis.

What to Do If Your Application is Declined

Receiving a credit card application refusal can be disheartening, but it’s not a permanent roadblock to your financial goals.

If your application for the TD® Aeroplan® Visa Infinite Card is declined, here are the crucial steps you should take:

Understand the Reason for Denial: TD Bank, like all lenders in Canada, is legally obligated to provide you with the specific reasons for your denial.

This information is invaluable for identifying areas of your financial profile that need improvement.

TD Bank will typically send you a letter or email outlining the exact factors that led to their decision.

Common reasons often cited include:

• Low Credit Score: Your credit score might not meet TD Bank’s minimum lending criteria for a premium card like the Visa Infinite.
• High Debt-to-Income Ratio: Your existing debt obligations may be considered too high relative to your current income.
• Limited Credit History: If you are new to credit or have few established credit accounts, TD Bank may not have sufficient history to adequately assess your credit risk.
• Recent Credit Inquiries: A high number of recent credit applications across various lenders can sometimes make you appear as a higher risk to potential creditors.
• Inaccurate Information: Any discrepancies or errors on your application or within your credit report could inadvertently lead to a denial.

Obtain Your Credit Report and Score: Immediately after a denial, it’s highly recommended to request a copy of your credit report from both major credit bureaus in Canada: Equifax and TransUnion.

By law, you are entitled to a free copy of your credit report annually from each bureau.

Carefully review both reports meticulously for any errors, inaccuracies, or signs of identity theft.

Even minor mistakes or outdated information can negatively impact your credit score and lending decisions.

Dispute Errors on Your Credit Report: If you discover any discrepancies or inaccuracies on your credit report, it is crucial to dispute them with the respective credit bureaus as soon as possible.

Provide any compelling evidence you have to support your claim.

Rectifying errors on your credit report can lead to a significant and often rapid improvement in your credit score, thereby enhancing your future lending prospects.

How to Request the Card

Applying for the TD® Aeroplan® Visa Infinite Card is a straightforward process, offering convenient application methods to suit your preference:

Online Application (Recommended): This is generally the quickest and most efficient way to apply for the card.

• Visit the official TD Canada Trust website.
• Navigate to the credit card section and specifically locate the TD® Aeroplan® Visa Infinite Card.
• Click on the “Apply Now” or a similarly labeled button to commence the application process.
• You will be guided through a secure online application form where you’ll need to provide comprehensive personal, financial, and employment details. This typically includes your full legal name, current address, date of birth, Social Insurance Number (SIN), detailed employment information, and accurate income details.
• It is crucial to meticulously review all the information you have entered for accuracy before formally submitting your application to avoid delays.

How to Unlock the Card

Once your application for the TD® Aeroplan® Visa Infinite Card has been approved and you receive your new physical card in the mail, it will arrive in an inactive state as a crucial security measure.

You will need to activate or unlock the card before you can begin using it for purchases or any other transactions.

Activate Online:

• Visit the TD Canada Trust website and log in to your EasyWeb online banking account.
• Look for a clear option to activate your new credit card. This function is typically located within your account summary, under a “My Accounts” or “Credit Cards” section.
• Follow the intuitive on-screen instructions, which will generally involve inputting your new card number, its expiry date, and possibly other personal verification details (such as your date of birth or a portion of your SIN) to confirm your identity.

Disadvantages of the TD® Aeroplan® Visa Infinite Card

Despite its benefits, the TD® Aeroplan® Visa Infinite Card has important drawbacks.

The annual fee of $139 is a recurring cost that might not be justified for infrequent travelers or those unable to fully utilize premium perks like free checked bags and lounge access.

The accelerated earning rates of 1.5 Aeroplan points per $1 are limited to specific categories (gas, groceries, direct Air Canada purchases).

If your main spending falls outside these areas, your overall point accumulation may be lower.

The card’s purchase interest rate (APR) is high (around 20.99%).

If you frequently carry a balance, the interest charges could easily negate your earned rewards, making the card less cost-effective in the long run.

Additionally, there are foreign transaction fees of 2.5%, which reduce the value of rewards on international purchases.

Finally, while it offers some travel insurance benefits, coverage may have limitations.

It’s crucial to review policy details, as supplementary insurance might be needed for extensive or high-value travel.

The TD® Aeroplan® Visa Infinite Card is an outstanding choice for Canadian travelers who are loyal to Air Canada and seek to maximize their Aeroplan points while enjoying a suite of valuable travel benefits.

Its accelerated earning rates on everyday essentials and Air Canada purchases, coupled with perks like free checked bags and priority airport services, make it a highly attractive option for frequent flyers.