We continue our monthly feature where we recommend a card to consider
applying for right away during the course of the current month. How do
we pick which card should be highlighted? We’ll look at numerous factors
however in most cases it will primarily be due to the limited time
offer on the highlighted card ending this month or shortly thereafter.
In some cases, it may be different factors or a combination of factors.
This month it’s the former however, where it is simply an offer that is
set to end shortly after the end of this month.
Disclaimer: This post is guidance provided by us for our readers –
you don’t have to go out and get this card if it doesn’t suit your
needs! We are at times privy to what the next offer will be on some cards and
without divulging the details, since we’re not allowed to, you could
consider this post a hint in some but not all cases.
The credit card to consider right now – August 2022
The card to consider getting right now in August 2022 is the TD® Aeroplan® Visa Infinite Privilege* Card.
This is TD’s ultra premium Aeroplan co-brand card that provides amazing
benefits for flying with Air Canada and is a strong Aeroplan points
Why is this is the card to consider right now?
- The limited welcome offer to earn up to 105,000 Aeroplan points which ends on September 5, 2022
The Welcome Bonus
receive 20,000 Aeroplan points when
you make your first purchase with your new card and then you can up to
85,000 Aeroplan points when you spend $1,000
each month for the first 10 months of Account opening. You’ll be awarded
Aeroplan Points per month for those first 10 months so long as you can
spend $1,000 in each of those months. This card has a $150,000 annual personal income or $200,000 annual household income requirement.
Value in the bonus
value Aeroplan points at no less than 1.5 cents each which puts the
value of the 105,000 points you can earn with this offer at $1,575.
Subtract the $599 annual fee and you are looking at no less than $976 in
value. As usual we state no less as you can get even more value out of
Aeroplan points depending on the type of travel you redeem for. For
example we recently posted about business class availability
on Austrian Airlines between Montreal and Vienna where the value was
2.83 cents per point. At that amount the 105,000 points are worth
$2971.50 before subtracting the annual fee. That’s a huge value from the
welcome bonus you won’t find on many other cards.
Wrapping it up
is a little over a month left to get the current welcome bonus of
105,000 points with the TD Aeroplan Visa Infinite Privilege Card as the
offer ends on September 5. It is not likely the offer will be any better
as of September 6th and at the most will offer the same bonus. If you
have had your eye on this card you could definitely consider getting
this month to lock in the current offer.