Update: The offer with waived first year annual fee has been extended until Aug 31, 2015. See my updated post here.
Credit cards are really heating up this month, and it seems over the past months that many issuers are one-upping each other with offers and benefits. Where I used to see the standard 15,000 miles as a signup bonus, most issuers has steadily increased those to 25,000 or 30,000. We now see cards like the Scotiabank Gold American Express, the BMO World Elite Cards, and most cards at the $250-$300 equivalent mark. That’s fantastic.
TD, since acquiring the ability to offer Aeroplan co-branded cards, is also trying to establish some market share. They’ve been offering 25,000 miles as a signup bonus for quite a while. However, the card came with a $120 annual fee, that I did not like. The only annual fees I would ever pay are the fees for the Starwood and American Express Platinum cards.
The TD Aeroplan Visa Infinite is now offering waived first year annual fees through a special link.
TD Aeroplan Visa Infinite Waived Annual Fee Promotion
I think the offer has been going on since Friday, as that’s when it first started circulating around on forums. However, I didn’t notice until this morning.
The link with the fee waived is: http://www.tdcanadatrust.com/products-services/banking/credit-cards/view-all-cards/aeroplan-infinite-card/ac.jsp
The latter link does include wording which waives annual fee, as you can see in the screenshot below.
If you are concerned about not having the fees rebated, then I’d suggest you take a printscreen of the application page to show to any relevant parties if necessary.
I would recommend the offer if there is no annual fee, as that’s essentially 26,000 free Aeroplan miles after completing the spending. If you are planning to apply, it is worth considering the American Business Gold Rewards Card, which is offering a CRAZY HIGH 40,000 points signup bonus! I highly recommend getting both cards.
After completing the spending, you’re at 71,000 free Aeroplan miles! That’s absolutely a smoking deal for getting just two Canadian credit card offers, and will get you First Class to Europe one-way or pretty close to a one-way business class ticket to Asia. The TD offer will run until October 31, while the American Express offer has an undetermined limited-offer time, which means it could be changed as soon as AMEX meets their targets.
TD Aeroplan Visa Infinite Details
Combing through the fine print of the offer, it says
If you have opened an Account in the last 6 months, you will not be eligible for this offer. TD Canada Trust reserves the right to limit the number of Accounts opened by, and the number of Welcome Bonus Miles awarded to, any one person.
It seems they’re getting a little more picky with churners, although the wording is still lax.
Annual Fee for Primary Cardholder rebated for first year for new TD Aeroplan Visa Infinite Accounts only. Annual Fee will be reversed within 2 monthly statements from the date of the charge. Annual Fee for any Authorized User Cards added to the Account continue to apply. Existing TD Aeroplan Cardholders are not eligible for this offer.
To be eligible, you currently cannot hold any TD Aeroplan Visa credit cards.
There’s nothing that I can see in the offer being targeted only to those who received the it, so it does appear that the public can apply through the links. You can see the full email offer here, and can apply for the TD Aeroplan Visa Infinite here.