Aeroplan business credit cards offer a range of benefits, especially for businesses that will use their business credit cards often. An Aeroplan business credit card is an excellent option for business owners who frequently travel with Air Canada and want to make the most of their purchases.
With an Aeroplan business credit card, there are options to earn Aeroplan points on flights for travel, airport perks, and more.
Aeroplan business credit cards have some of Canada's best business cards. As one of the most popular airline rewards programs, Aeroplan business cards allow business owners to redeem points for every purchase so that they can fly almost anywhere.
Aeroplan cards are one of the best cards to use to accumulate rewards points from business expenses. Not only are there benefits from business purchases through travel rewards, but also all sorts of other travel benefits to take advantage of. Aeroplan points can be redeemed on other purchases like gift cards, supplies, and other merchandise.
Here are the three best Aeroplan business credit cards in Canada in 2022.
- 3 best Aeroplan business credit cards in Canada for 2022
- 1. American Express Aeroplan Business Reserve Card – best for large businesses that will frequently use it to pay expenses
- 2. CIBC Aeroplan Visa Business Card – best for small businesses that travel frequently
- 3. TD Aeroplan Visa Business Card – best for small to medium-sized businesses with frequent travel
- BONUS: Aeroplan business credit card alternatives
- American Express Business Edge Card
- BMO World Elite Business Mastercard
- Frequently asked questions about Aeroplan business credit cards in Canada
3 best Aeroplan business credit cards in Canada for 2022
Aeroplan business credit cards have many benefits, especially if you’re looking to make the most out of your business expenses. You earn Aeroplan points on every purchase you make. It’s no wonder Aeroplan is considered one of the best business credit cards in Canada – the rewards it offers are incredibly enticing and valuable to business owners, especially if they regularly make business purchases.
1. American Express Aeroplan Business Reserve Card – best for large businesses that will frequently use it to pay expenses
- Annual fee: $599
- Interest rate on purchases: 19.99%
- Interest rate on cash advances: 21.99%
- 💳 3X Aeroplan points on eligible purchases made directly with Air Canada*
The American Express Aeroplan Business Reserve Card offers points on flights, gift cards, and other expenses. It also provides access to the account management tool, which is designed to help business owners take control and manage their finances while earning points, rewards, travel coverage, and more.
Earning Aeroplan points
The American Express Aeroplan Business Reserve Card is a great card for redeeming travel expenses and rewards. This card provides:
- 3 Aeroplan points on Air Canada purchases
- 2x the points on eligible car rentals and hotels
- 1.25 Aeroplan points for every other purchase made.
Credit card holders also receive one annual worldwide companion pass, which includes a companion Air Canada economy ticket at a fixed fare.
American Express Aeroplan Business Reserve Card holders earn 50,000 Aeroplan points after spending $9,000 within the first three months, and an extra 7,500 points each month if spending exceeds $3,000 monthly for the first six months.
2. CIBC Aeroplan Visa Business Card – best for small businesses that travel frequently
Annual fee: $180 – first year rebated.
Interest rate: As low as 12.99% for purchases/as low as 14.50% on cash advances.
Additional cards: $50 each (max. 9 additional cards)†Conditions Apply.
The CIBC Aeroplan Visa Business Card is ideal for business owners who want to earn Aeroplan points faster so that they can redeem points quicker and travel sooner.
This card also has many other benefits, including a free first checked bag for the card holder and up to eight companions when flying with Air Canada. There is also the opportunity to earn up to four Maple Leaf Lounge One-Time Guest passes per year, as well as other travel benefits, including hotels, travel insurance, car rentals, and more.
Earning Aeroplan points
With this card you get:
- 2 points for every dollar spent directly with Air Canada
- 1.5 points earned for every dollar spent on travel, including airlines, car rentals, cruise lines, hotels
- Earn 1.5 points on transportation including commuter transportation, ferries, cabs, railways
- Another 1.5 for every dollar spent on shipping, cable, phone, internet, and dining
- 1 point for every dollar spent on all other purchases.
This card can be used to book flights for less, purchase gift cards, give back to employees, and more.
Upon joining, cardholders receive up to $1,900 in value as a welcome. They will also receive 10,000 Aeroplan points upon the first purchase and 20,000 points when $3,000 or more is spent in the first four months, and 30,000 points if $35,000 or more are spent within the first year.
With a lower interest of 12.99%, the CIBC Aeroplan Visa Business Card is one of the best CIBC business credit cards on the market. The cash advance rate of 14.50% is also low compared to other business cards and will give business owners more flexibility when they need cash on hand.
3. TD Aeroplan Visa Business Card – best for small to medium-sized businesses with frequent travel
Annual fee: $149
Interest rate: 14.99% for purchases/22.99% on cash advances.
Additional cards: $49†Conditions Apply.
The TD Aeroplan Visa Business Card is a great option for business owners who want to earn Aeroplan points for traveling.
In addition to earning Aeroplan points, TD Aeroplan Visa Business card holders also receive a free checked bag for up to nine people traveling on the same Air Canada reservation. Business owners will also have access to the credit card management tool for easy access to online reporting, allowing business owners to review business expenses and controls and get a better hold of their business spending.
Earning Aeroplan points
With the TD Aeroplan Visa Business Card, double the points can be earned when using this card at over 150 partners and 170 online retailers. It is also eligible to earn Aeroplan points on business purchases and offers access to travel insurance, hotel rooms, car rentals, gift certificates, and other merchandise.
The card has a great earn rate too. You get:
- 2 Aeroplan points are earned for every dollar spent on purchases made with Air Canada
- 1.5 Aeroplan points for every dollar spent on eligible purchases for cable, phone, internet, shipping, travel, dining, and more
- 1 Aeroplan point is earned for every dollar spent on all other eligible purchases.
Furthermore, cardholders receive 50% more points at Starbucks after linking the TD business card with a Starbucks Rewards account. The welcome bonus of 20,000 Aeroplan Miles with the first purchase is an additional perk.
You can earn up to 60,000 Aeroplan Points, plus up to $247 in Annual Fee rebates for the first year. Of course, conditions apply. The offer is valid until January 3, 2023.
BONUS: Aeroplan business credit card alternatives
There are also two alternatives to Aeroplan business credit cards that offer other rewards and perks that are worthy of your attention.
American Express Business Edge Card
- Annual fee: $99
- Interest rate on purchases: 20.99%
- Interest rate on cash advances: 21.99%
The American Express Business Edge Card makes making business purchases rewarding. Cardholders can earn points on business expenses and earn a wide variety of rewards that make running your business more manageable.
Points are redeemable for eligible expenses, gift cards, and more.
You earn three points for $1 spent on the card for eligible restaurants, office supplies, electronics, and more. If you spend $3000 or more every month, you also earn 1,000 bonus points each month, which can add up to 12,000 bonus points each year.
On every other purchase, you earn 1 point for every $1 spent on the card. You also get business solutions and accounting/financial management tools that can help you manage expenses, get travel coverage, and more.
This card's welcome bonus offers 45,000 bonus points when you make $5000 in purchases on your card within the first three months of opening the account.
BMO World Elite Business Mastercard
Annual fee: $149.
Interest rate: 17.99% for purchases/22.99% on cash advances.
Additional cards: $0.†Conditions Apply.
The BMO World Elite Business Mastercard rewards business owners and users for making business purchases. There is also the benefit of earning extra rewards points on the most common business expenses.
Cardholders can earn 4 points for every dollar spent on office supplies, cell phone, and internet, and 1.5 points for every dollar spent on all other purchases.
This card offers business owners the option of adding up to 22 additional cards, which opens the door to earning more reward points much more quickly.
Business owners can also get a complimentary membership to Mastercard Travel Pass, and two free lounge passes each year. They will also receive travel protection, including tip cancellation, car rental collision damage, and 90-day purchase protection/extended warranty for one year on items purchased with the card.
Frequently asked questions about Aeroplan business credit cards in Canada
TD, CIBC and Amex Bank of Canada are the three banks that offer Aeroplan business credit cards in Canada.
All kinds of businesses can benefit from Aeroplan points – whether you have a small business, a large business, or anything in between. If your company makes many business purchases or frequently travels with Air Canada, an Aeroplan card is an excellent choice.
Aeroplan Points can be redeemed online or in person while making a purchase.
Find the best credit card for your business needs!
About The Author: Emma Martin
Emma Martin writes about the curiosities of finance. Her obsession with cryptocurrency keeps her writing most days about the best exchanges and wallets, and the wild world of NFTs. Her favourite exchanges right now are Bitbuy, NDAX, and VirgoCX.
Emma also invests in the stock market using Wealthsimple Trade. Other than crypto, Emma spends her time with her dog Brutus and shopping online with her Mastercard® KOHO Prepaid Card.
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