Important information about changes to the TD® Aeroplan® Visa* Business Credit Card Account

A fee of 1% of the amount of the Cash Advance for each Cash Advance transaction made in Canada (minimum fee of $3.50 up to a maximum fee of $10.00), or a fee of $5.00, will be charged to the Account for each Cash Advance Transaction outside Canada. The Cash Advance Transaction Fee includes Cash Advances at ATMs (including Green Machine® ATMs), at branches of the Bank, over the phone, on the Internet, or at other financial institutions but does not include Balance Transfers and TD Visa Cheques. If you use your Card to obtain a Cash Advance at an ATM in the PLUS* network, the fee of 1% of the Cash Advance transaction (minimum fee of $3.50 up to a maximum fee of $10.00) (for Cash Advance Transactions in Canada) or $5.00 (for Cash Advance Transactions outside Canada) and an additional fee of $3.00 will be charged to the Account. Other ATM operators may charge a fee which will be added to the amount of the Cash Advance.

A fee of 1% of the amount of the Cash Advance for each Cash Advance Transaction (minimum fee of $3.50 up to a maximum fee of $10.00). Cash Advance Transaction Fees apply to Cash Advances at any ATM, over the counter, over the phone, online, and to all Cash‑Like Transactions charged to the Account. Cash Advance Transaction Fees do not apply to Balance Transfers. Other ATM operators may charge a fee which will be added to the amount of the Cash Advance

A charge of $48.00 will be charged to the Account each time that: (i) for any reason, your financial institution (including the Bank) returns a cheque or refuses a pre-authorized debit used to make a payment to the Account; or (ii) a TD Visa Cheque is returned by the Bank when presented for payment because you have exceeded your Available Credit.

We will charge $10.00 each time that: (i) for any reason, your financial institution (including the Bank) returns a cheque or; (ii) refuses a pre-authorized debit used to make a payment to the Account.

3% of the amount of each Balance Transfer or TD Visa Cheque that we may offer to you at a promotional interest rate which is an interest rate lower than the regular annual interest rate that applies to Cash Advances on your Account. The Bank may waive or lower this 3% fee at the time the promotional interest rate offer is made to you. You will be advised of the exact fee that applies at the time the offer is made.

We charge up to 5% on a promotional Balance Transfer Transaction amount.

We will tell you the exact promotional Balance Transfer fee that applies when we make the offer.

Not applicable

If your Account has a credit Balance, we will charge the lesser of $10 or the full Credit Balance amount if there has been no credit or debit activity on the Account for 12 consecutive billing cycles.

If we do not receive the Minimum Payment within 30 days from the Payment Due Date shown on your statement then:

a) The annual interest rate(s) that applies to the Account will go up 5%; and

b) You will lose the benefit of any lower rate promotional offer on the Account (including any offer made but not yet accepted by you).

The increased rate(s) will apply starting on the first day of your next statement period after the 30-day period from the missed payment. You will continue to pay these higher interest rate(s) until you have paid the Minimum Payment on or before the Payment Due Date shown on your statement for two consecutive statements and then, your regular annual interest rate(s) will apply starting on the first day of your next statement period after those two consecutive statements.

If we do not receive the Minimum Payment by the Payment Due Date shown on your statement, you will lose the benefit of any lower rate promotional offer on the Account (including any offer made but not yet accepted by you).

If we do not receive the Minimum Payment by the Payment Due Date shown on your statement or by the last day of your statement period, twice within 12 consecutive statement periods, then the annual interest rate(s) that applies to the Account will increase to the higher interest rates shown in your Disclosure Statement.

The increased rate(s) will apply starting on the first day of your next statement period after you miss making the second minimum payment on time. You will continue to pay these higher interest rate(s) until you have paid the Minimum Payment on or before the Payment Due Date shown on your statement for six consecutive statements and then, your regular annual interest rate(s) will apply starting on the first day of your next statement period after those six consecutive statement periods.

1.5 Aeroplan points (Bonus Rate) earned for each $1 in Purchases of Travel or Dining Products or Purchases of Shipping, Internet, Cable, and Phone Services

1.5 Aeroplan points (Bonus Rate) earned for each $1 in Purchases of Travel & Transit or Dining Products or Purchases of Shipping, Internet, Cable, Phone Services, and Electric Vehicle Charging

Air Canada Bonus Rate and Bonus Rate are earned only on a maximum annual amount of $80,000 of Purchases of Air Canada Products, Travel or Dining Products, or Purchases of Shipping, Internet, Cable and Phone Services.

Air Canada Bonus Rate and Bonus Rate are earned only on a maximum annual amount of $80,000 of Purchases of Air Canada Products, Travel & Transit, or Dining Products, or Purchases of Shipping, Internet, Cable, Phone Services, or Electric Vehicle Charging.

Definition of Purchase of Travel or Dining or Air Canada Products, or Purchases of Shipping, Internet, Cable and Phone services

Purchase of Travel or Dining or Air Canada Products, or Purchases of Shipping, Internet, Cable and Phone services means a Purchase of travel or travel related services, or a Purchase of dining items including those at restaurants, or a Purchase from Air Canada or of any of Air Canada’s products and services, or a Purchase of shipping, Internet, cable and phone services used for your business, each from a merchant classified through the Visa network with a merchant category code (MCC) that identifies the merchant in the “travel” or “dining” or “Air Canada” or “shipping, internet, cable and phone services” category.

Purchase of Travel & Transit or Dining or Air Canada Products, or Purchases of Shipping, Internet, Cable, Phone Services, and Electric Vehicle Charging means a Purchase of travel or transit  related services, or a Purchase of dining items including those at restaurants, or a Purchase from Air Canada or of any of Air Canada’s products and services, or a Purchase of shipping, internet, cable, phone services and electric vehicle charging used for your business, each from a merchant classified through the Visa network with a merchant category code (MCC) that identifies the merchant in the “Travel & Transit” or “Dining” or “Air Canada” or “Shipping, Internet, Cable, Phone Services, and Electric Vehicle Charging” category. 

Earning Aeroplan points

Please contact TD if you wish to confirm the MCC that applies to a particular merchant, or if the Purchase qualifies as a Purchase of Travel, Dining or Air Canada Products or Purchases of Shipping, Internet, Cable and Phone Services. If you have earned Aeroplan points on the maximum annual amount of Purchases of Travel, Dining or Air Canada Products, or Purchases of Shipping, Internet, Cable and Phone Services, charged to your Account (from January 1 to December 31) or if your Purchase does not qualify as a Purchase of Travel, Dining or Air Canada Products, or a Purchase of Shipping, Internet, Cable and Phone Services, you will instead earn the standard rate of Aeroplan points that applies to all other Purchases charged to the Account as described above. The Air Canada Bonus Rate and Bonus Rate are in place of and not in addition to the standard rate of Aeroplan points earned on all other Purchases charged to the Account.

Please contact TD if you wish to confirm the MCC that applies to a particular merchant, or if the Purchase qualifies as a Purchase of Travel & Transit, Dining or Air Canada Products or Purchases of Shipping, Internet, Cable, Phone Services, or Electric Vehicle Charging. If you have earned Aeroplan points on the maximum annual amount of Purchases of Travel & Transit, Dining or Air Canada Products, or Purchases of Shipping, Internet, Cable, Phone Services, or Electric Vehicle Charging charged to your Account (The year runs after your first statement period in January until the end of your statement period the following January) or if your Purchase does not qualify as a Purchase of Travel & Transit, Dining or Air Canada Products, or a Purchase of Shipping, Internet, Cable, Phone Services, or Electric Vehicle Charging you will instead earn the standard rate of Aeroplan points that applies to all other Purchases charged to the Account as described above. The Air Canada Bonus Rate and Bonus Rate are in place of and not in addition to the standard rate of Aeroplan points earned on all other Purchases charged to the Account.

Liability for Third Parties or Purchases; Limitation of Liability; Cancelling this Agreement

We are not responsible or liable for any loss suffered by a Cardholder or a third party as a result of these Aeroplan Credit Card Terms, including the termination or cancellation of a Card, the Account, the Aeroplan program, Aeroplan points, for any Purchase (including a Purchase of Travel, Dining, or Air Canada Products or a Purchase of Shipping, Internet, Cable and Phone Services, or any third party service providers, suppliers, agents or partners that support such Purchase).

We are not responsible or liable for any loss suffered by a Cardholder or a third party as a result of these Aeroplan Credit Card Terms, including the termination or cancellation of a Card, the Account, the Aeroplan program, Aeroplan points, for any Purchase (including a Purchase of Travel & Transit, Dining, or Air Canada Products or a Purchase of Shipping, Internet, Cable, Phone Services, Electric Vehicle Charging, or any third party service providers, suppliers, agents or partners that support such Purchase).