1.5 points a dollar on groceries and on gas and EV charging, and 1 point on everything else. Air Canada purchases also earn 1.5, but only when booked directly with Air Canada, so travel is recorded at the base rate here rather than crediting the card with a rate most travel spending will not get. The three bonus categories share a SINGLE $80,000 annual cap, not one each. TD defines that year as running from after your first statement period in January to the end of your statement period the following January. The cap appears in the Aeroplan terms PDF but not on the product page, which is worth watching.

There are THREE tiers, not two. 10,000 points on your first purchase, 15,000 more after $3,000 of spending in 90 days, and a further 15,000 paid as an anniversary bonus if you spend $12,000 in the first twelve months. Only two tiers fit our data model, so the third is described here. TD headlines the offer as "up to $1,350 in value", which includes a $200 NEXUS figure that assumes two people each claim the $100 credit and a $140 estimate of checked bag value. The $800 recorded here is the 40,000 points at our 2 cent Aeroplan valuation. Bonus points may be withheld if you have received a welcome bonus on any Aeroplan credit card, from TD or another issuer, before. No offer end date is published.

The free first checked bag is the benefit that actually pays for this card. It covers the primary cardholder, additional cardholders and up to eight travel companions on the same reservation, on Air Canada, Rouge and Express flights only, and the bag must be checked at the counter rather than at the gate. NEXUS credit is up to $100 once every 48 months. Lounge access is NOT included: Maple Leaf Lounge entry belongs to the Privilege version of this card, and many comparison sites get this wrong. Travel medical covers 21 days, dropping to 4 days at 65 and over. FOREIGN TRANSACTION FEE IS DELIBERATELY BLANK. TD publishes no card-specific fee schedule; the cardholder agreement defers every fee to a disclosure statement issued only at approval. The same applies to the cash advance and NSF fees. Quebec residents pay 21.99% on cash advances and balance transfers rather than 22.99%.