As a TD credit cardholder, it’s important to familiarize yourself with the cardholder agreement for your chosen card. In this article, we’ll be discussing the TD Aeroplan Infinite credit card and its cardholder agreement.
The TD Aeroplan Infinite credit card is a popular choice among frequent travelers for its great rewards program, which allows you to earn Aeroplan points on your everyday purchases. But before you start using your card, it’s important to fully understand the terms and conditions outlined in the cardholder agreement.
The agreement is a legal document that outlines the terms and conditions of your credit card account. It contains important information regarding your account, including interest rates, fees, and other key financial details. As a cardholder, it’s your responsibility to read and understand the agreement in order to use your card responsibly and avoid any potential issues.
Let’s take a closer look at some of the key terms and conditions outlined in the TD Aeroplan Infinite cardholder agreement:
Interest Rates: The TD Aeroplan Infinite card has a variable interest rate that is based on the Prime Rate. The current interest rate for purchases is 19.99% and for cash advances is 22.99%. It’s important to note that interest rates can change over time, so it’s important to keep track of your account and monitor any changes in the interest rate.
Fees: The TD Aeroplan Infinite card has an annual fee of $139, which is waived for the first year. Other fees to be aware of include a cash advance fee of either $10 or 5% of the amount of the advance (whichever is greater), and a foreign currency conversion fee of 2.5%.
Rewards Program: The TD Aeroplan Infinite card offers a great rewards program that allows you to earn Aeroplan points on your purchases. You earn 1.5 Aeroplan points for every dollar spent on purchases at gas stations, grocery stores, drugstores, and aircanada.com. You also earn 1 Aeroplan point for every dollar spent on all other purchases. It’s important to note that your points will expire after 12 months of account inactivity, so be sure to use your card regularly to keep your points active.
Balance Transfers: The TD Aeroplan Infinite card offers a balance transfer option with a promotional interest rate of 0% for the first 12 statement periods. After that, the interest rate for balance transfers will be the same as the purchase interest rate of 19.99%.
These are just a few of the key terms and conditions outlined in the TD Aeroplan Infinite cardholder agreement. It’s important to remember that the agreement can change over time, so it’s important to keep up to date with any changes that may impact your account.
In conclusion, the TD Aeroplan Infinite card is a great option for frequent travelers looking to earn Aeroplan points on their everyday purchases. However, it’s important to read and understand the cardholder agreement in order to use your card responsibly and avoid any potential issues. If you have any questions about the agreement or your account, be sure to contact TD customer service for assistance.