Choosing a card
Aeroplan Credit Card Fees Are Going Up on January 12, 2027: What Changes
American Express, CIBC and TD are raising the annual fees on their Aeroplan credit cards from January 12, 2027, by $20 to $200 a year, and adding new Air Canada benefits. Here are the old and new fees, the new perks, and how to decide whether to keep your card.
How much are Aeroplan card fees going up?
By $20 to $200 a year, depending on the card. The American Express Aeroplan Reserve and Aeroplan Business Reserve cards see the largest increase, from $599 to $799.
| Card | Annual fee now | From January 12, 2027 | Increase | Additional card fee |
|---|---|---|---|---|
| TopAmerican Express Aeroplan Card | $120 | $150 | +$30 | $50 → $59 |
| CIBC Aeroplan Visa Infinite | $139 | $159 | +$20 | $50 → $80 |
| TD Aeroplan Visa Infinite | $139 | $159 | +$20 | $75 → $80 |
| CIBC Aeroplan Visa Infinite Privilege | $599 | $699 | +$100 | $149 → $159 |
| TD Aeroplan Visa Infinite Privilege | $599 | $699 | +$100 | $199 → $209 |
| American Express Aeroplan Reserve Card | $599 | $799 | +$200 | $199 → $249 |
| American Express Aeroplan Business Reserve Card | $599 | $799 | +$200 | $199 → $249 |
Fees below are for the main card. Earn rates and the value of Aeroplan points are not changing.
Put it into practiceBest Aeroplan credit cardsWhen does the new fee apply to my account?
The changes take effect on January 12, 2027, but an existing cardholder usually pays the new fee at their next annual fee date after that. TD says its new fees apply from the first annual fee date on or after January 25, 2027, while the new benefits start on January 12.
Your issuer will send a notice with your exact date. If you cancel before your annual fee posts, you avoid paying the new fee; many issuers refund a recently charged fee if you cancel within a short window, so check your card agreement.
What new benefits come with the higher fees?
Every card in the table above gets FLY15OFF, a 15% reduction in the points needed for the base fare of eligible Air Canada flight rewards, plus a fourth night free on hotel rewards and a fourth day free on car rentals booked with points. Most cards also get a fixed flight credit or coupon each year.
American Express Aeroplan Card: two $25 coupons a year (January 15 and July 15), up to $50. The no-fee supplementary card becomes a $25 Companion Card.
CIBC and TD Aeroplan Visa Infinite: $25 twice a year (up to $50) toward Air Canada flights. TD adds it to your Air Canada Wallet.
CIBC and TD Aeroplan Visa Infinite Privilege: $50 twice a year (up to $100), Maple Leaf Lounge access worldwide with a guest, and priority security.
American Express Aeroplan Reserve: $50 twice a year (up to $100), a $200 dining credit at Air Canada’s Best New Restaurants after $200 in spending there, worldwide Maple Leaf Lounges and Air Canada Cafés, 2 Priority Pass visits a year (4 more after $25,000 in spending), 8 Aspire lounge passes in Canada, and a 10% points bonus once you spend $125,000 in a year.
American Express Aeroplan Business Reserve: $100 a year in flight benefits, Priority Pass visits, Aspire lounge passes and worldwide Maple Leaf Lounge access similar to the personal Reserve card, and a $25 Expense Card replacing the no-fee supplementary card.
TD Aeroplan Visa Platinum: no fee change, and it also gets FLY15OFF and the fourth night and day free.
Do the new credits cover the fee increase?
On the mid-tier cards, yes, if you use them: a $50 credit against a $20 or $30 increase leaves you slightly ahead. On the premium cards it depends: the CIBC and TD cards’ $100 in credits matches their $100 increase, the Aeroplan Reserve comes out ahead only if you use the $200 restaurant credit, and the Business Reserve falls $100 short.
| Card | Fee increase | Fixed credits a year (if all used) | Difference |
|---|---|---|---|
| TopAmerican Express Aeroplan Card | +$30 | $50 | +$20 |
| CIBC Aeroplan Visa Infinite | +$20 | $50 | +$30 |
| TD Aeroplan Visa Infinite | +$20 | $50 | +$30 |
| CIBC Aeroplan Visa Infinite Privilege | +$100 | $100 | +$0 |
| TD Aeroplan Visa Infinite Privilege | +$100 | $100 | +$0 |
| American Express Aeroplan Reserve Card | +$200 | $300 | +$100 |
| American Express Aeroplan Business Reserve Card | +$200 | $100 | −$100 |
The table counts only credits with a fixed dollar amount and assumes you use every one. Coupons that expire unused are worth nothing. FLY15OFF can be worth more than the fee increase if you redeem points for Air Canada flights every year, but its value depends on how many points you redeem.
Should I keep, downgrade or cancel my Aeroplan card?
Keep it if you fly Air Canada at least twice a year and will use the coupons. If you rarely fly, compare it with a no-fee card or a cash back card before your next fee date. If you hold a premium card mainly for lounges, count how many times you visited one last year.
Downgrading to another card from the same bank usually keeps your points and credit history. Aeroplan points stay in your Aeroplan account if you cancel the card, as long as the account remains active.
Thinking about getting one of these cards? Applying before January 12 doesn’t lock in the old fee for long: you pay the new fee from your first annual fee date after the change.
Keep reading
Choosing a cardAmex Aeroplan vs Amex Aeroplan Reserve in CanadaOn our example spending profile the American Express Aeroplan Card finishes the year $413 ahead: $132 of rewards net of its $120 regular annual fee, against −$281 for the American Express Aeroplan Reserve Card after its $599 fee. The American Express Aeroplan Reserve Card pays the higher recorded rate in all 9 categories both cards price, but its annual fee is $479 higher, which is what puts it behind on our example profile.
Choosing a cardBusiness Credit Card Changes in November 2026: Smaller Amex Bonuses and New Lounge LimitsAmerican Express cut the welcome bonuses on its Business Platinum and Aeroplan Business Reserve cards, the Business Platinum card will limit lounge visits from January 1, 2027, and RBC and Scotiabank changed two business card offers. We rechecked all 18 business cards on November 7, 2026.
RankingsBest Aeroplan Credit Cards in CanadaEvery Aeroplan credit card ranked by first-year value, from the TD and CIBC Visa Infinite cards to the premium Privilege cards and Amex Aeroplan cards.
RewardsAeroplan Points Explained: Value, Flight Costs and Expiry in CanadaHow far Aeroplan points go: the points a flight costs on Air Canada’s current chart, what a point is worth, how to tell a good redemption from a poor one, how to keep points from expiring and which cards earn the most.
Official sources and further reading
- American Express: Aeroplan Card changes ↗
- American Express: Aeroplan Reserve Card changes ↗
- American Express: Aeroplan Business Reserve Card ↗
- CIBC: Aeroplan Visa Infinite pricing ↗
- CIBC: Aeroplan Visa Infinite Privilege pricing ↗
- TD: Aeroplan Visa Infinite FAQ ↗
- TD: Aeroplan Visa Infinite Privilege FAQ ↗
- TD: Aeroplan Visa Platinum FAQ ↗
Terms vary by product. Confirm the provider’s current terms before acting. This guide does not predict approval, realized value or credit-score changes. How WalletReturn calculates value