Which has the lower annual fee, American Express Aeroplan Card or TD Aeroplan Visa Business?

The American Express Aeroplan Card has a $120 annual fee, while the TD Aeroplan Visa Business charges $149/year.

Which card is better for groceries, American Express Aeroplan Card or TD Aeroplan Visa Business?

The American Express Aeroplan Card earns 1.8x on groceries, while the TD Aeroplan Visa Business earns base rate. The better choice depends on your grocery spending and the specific merchants you shop at.

Is the American Express Aeroplan Card accepted everywhere in Canada?

The American Express Aeroplan Card runs on the American Express network, which is not accepted at some Canadian retailers like Costco and Loblaws. Visa and Mastercard have broader acceptance in Canada.

American Express Aeroplan Card vs TD Aeroplan Visa Business — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Too close to call — $0 difference per year

American Express Aeroplan Card wins groceries (+$184), travel (+$69)
TD Aeroplan Visa Business wins everything else (+$108), international (non-cad) (+$22)

Groceries: +$184Everything Else: +$108Travel: +$69

American Express Aeroplan Card: $30/yr in foreign transaction fees

American Express Aeroplan Card (Amex) — not accepted at Costco, Loblaws, No Frills, Walmart

TD Aeroplan Visa Business: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$1,771

/first year

4.2% effective$148/mo

vs 1% no-fee card: +$1,353

Annual rewards earned+$1,201

Welcome bonus+$720

FX costs−$30

Annual fee−$120

$1,771

/first year

4.2% effective$148/mo

vs 1% no-fee card: +$1,352

Annual rewards earned+$870

Welcome bonus+$1,080

FX costs−$30

Annual fee−$149

Too close to call — choose based on network acceptance or benefits.

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Downgrade

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The Bottom Line

Too close to call — $0 difference per year

American Express Aeroplan Card wins groceries (+$184), travel (+$69)
TD Aeroplan Visa Business wins everything else (+$108), international (non-cad) (+$22)

Groceries: +$184Everything Else: +$108Travel: +$69

Choose based on:

Network preference — Visa/MC acceptance at your regular merchants
Existing loyalty program alignment
Welcome bonus timing and eligibility
Benefits you value — lounge access, insurance, purchase protection

Showing Year 1 analysis

Year-over-Year

Year 1

Too close to call

Year 2+

American Express Aeroplan Card

by $360 — ongoing earn advantage

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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