TD^® Aeroplan^® Visa* Business Credit Card

Interest rates, fees and features are effective as of January 13, 2026, unless otherwise indicated, and are subject to change.

¹ To qualify for this Offer, applications for a new TD^® Aeroplan^® Visa* Business Card Account must be approved, open and in Good Standing while this Offer is in effect. Offer effective as of January 13, 2026.

The Aeroplan program is a loyalty rewards and recognition program operated by Air Canada’s subsidiary Aeroplan Inc. Visit Air Canada for complete terms and conditions of the Aeroplan program.

Effective as of January 13, 2026. To be eligible for this Offer, the Cardholder who is an Individual Borrower must: (i) be approved for a TD^® Aeroplan^® Visa Business Card account (“Account”) with an Annual Fee of $149 ("Account") while this Offer is in effect, and (ii) not have opened any TD-Aeroplan Visa Card account (e.g., Platinum, Infinite, Infinite Privilege or Business] in the last 12 months. Even if TD approves your application for an Account, the award and issuance of any Aeroplan points pursuant to this Offer is subject to the Aeroplan program general Terms and Conditions, which provide that incentive or bonus Aeroplan points offered (including, for example, the Welcome Bonus, Monthly Bonus and PAP Bonus in this Offer) to become an Aeroplan credit cardholder and/or to activate, use or hold a new Aeroplan credit card may not be issued and may be revoked in certain circumstances including, but not limited to, if you have previously received welcome or other incentive Aeroplan points in connection with the opening, activation, use or holding of a new Aeroplan credit card account with TD or another issuer of the same card category type as the Account. Welcome Bonus of 10,000 Aeroplan points ("Welcome Bonus") will be awarded to the Cardholder who is the Individual Borrower of the Account only after the first Purchase is made on the Account. The “Cardholder” means the Individual Borrower of the Account who is issued the TD^® Aeroplan^® Visa* Business Card account with an Annual Fee of $149.

To qualify for a monthly bonus of 2,500 Aeroplan points ("Monthly Bonus"), the Cardholder who is the Individual Borrower must have at least $2,500 in net Purchases posted to their Account each month by the last day of each monthly billing period in the first 12 months after Account approval, up to a total maximum of 30,000 Monthly Bonus Points. Once you have earned 30,000 Monthly Bonus Points in the first 12 months following Account approval, you will no longer be eligible for additional Monthly Bonus Points. Purchases made during a billing period but posted after the end of that billing period will not count toward eligible Purchases for that month but will count toward eligible Purchases for the next billing period. For example, if your monthly billing period is from September 15 to October 14, a Purchase that is made on October 14 (transaction date) and posts on October 15 (posting date) will not count as an eligible Purchase for that month but will count towards spend in the next month's billing period. If the September 15 to October 14 period was your 12th monthly billing period, then the Purchase that was made on October 14 and posted on October 15 would not count toward this Offer.

The PAP Bonus of up to 20,000 Aeroplan Points Recurring Bill Payment Promotional Offer ("PAP Bonus"), only applies to TD^® Aeroplan^® Visa* Business Card accounts (the “Account”) that are open, active, in good standing while this Offer is in effect and have set up Eligible Recurring Bill Payments set up on the Account within 6 months of Account approval. The Individual Borrower Cardholder can earn up to 20,000 Aeroplan points depending on the number of Eligible Recurring Bill Payments set up on the Account within 6 months of Account approval. The Recurring Bonus is calculated as follows: (i) 10,000 bonus Aeroplan points for 1 new Eligible Recurring Bill Payment, or (ii) 20,000 bonus Aeroplan points for two new Eligible Recurring Bill Payments. "Eligible Recurring Bill Payments” consist of a maximum of two new bill payments that are classified as recurring by the merchant through the Visa network and set up on the Individual Borrower Business Cardholder's Account that are registered and charged to the Account within 6 months of Account approval. Eligible Recurring Bill Payments already set up on the Account prior to January 13, 2026, are not eligible for the PAP Bonus Offer. Please allow eight - twelve weeks after the 6-month Offer Period and for the Eligible Recurring Bill Payment to be registered and charged to the Account for the Recurring Bonus to be applied to your Account. TD reserves the right to: (i) limit the number of credit card accounts opened by one person, (ii) limit the number of points available under this Offer for the Welcome Bonus, Monthly Bonus and PAP Bonus, and (iii) terminate or suspend, in whole or part, or modify this Offer in any way at any time. This Offer cannot be combined with any other Offer unless otherwise indicated. The Account must be in good standing at the time the Welcome Bonus, Monthly Bonus and PAP Bonus are issued by Aeroplan. Please allow up to 8-12 weeks after the conditions for each element of this Offer are fulfilled for the Welcome Bonus, Monthly Bonus and PAP Bonus to be issued by Aeroplan and credited to the Aeroplan member account linked to the Account, which must belong to a Cardholder who is an Individual Borrower. Closing the Account or transferring to another TD credit card account may result in forfeiture of any bonus points not yet awarded under this Offer.

² Purchase of Gas, Electric Vehicle Charging, Grocery, Travel & Transit, or Dining or Air Canada Products means a Purchase of gas or gas station services or electric vehicle charging or products or a Purchase of grocery or grocery items including those at grocery locations, or a Purchase of travel and transit products and services including hotels, flights and vacations booked via a third party travel agency or website, or a Purchase of dining items including those at restaurants, or a Purchase directly with Air Canada for Air Canada products and services completed online at aircanada.com, in-person at Air Canada customer service counter at the airport or aboard an Air Canada flight and Air Canada Vacations packages, each from a merchant classified through the Visa network with a merchant category code (MCC) that identifies the merchant in the “gas” or “electric vehicle charging” or “grocery” or “dining” or “transit” or “Air Canada” category. Aeroplan points are earned on eligible purchases charged to the Account as follows:

• 2 Aeroplan points (Air Canada Bonus Rate) earned for each $1 in Purchases of direct through Air Canada Products; or
• 1.5 Aeroplan points (Bonus Rate) earned for each $1 in Purchases of Travel & Transit (not including Air Canada Purchases) or Dining Products or Purchases of Shipping, Internet, Cable, Phone Services , and Electric Vehicle Charging; or
• 1.25 Aeroplan points earned for each $1 in all other Purchases.
• Air Canada Bonus Rate and Bonus Rate are earned only on a maximum annual amount of $100,000 of Purchases of direct through Air Canada Products, Gas, Electric Vehicle Charging, Grocery, Travel & Transit or Dining Products.

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 Gas, Electric Vehicle Charging, Grocery, Travel & Transit, Dining or Air Canada Products. If you have earned Aeroplan points on the maximum annual amount of Purchases of Gas, Electric Vehicle Charging, Grocery, Travel & Transit, Dining or Air Canada Products charged to your Account or if your Purchase does not qualify as a Purchase of Gas, Electric Vehicle Charging, Grocery, Travel & Transit, Dining or Air Canada Products, 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.

³ Please ensure that you provide your own personal Aeroplan number to be linked to your credit card as linking a different loyalty number is prohibited. This Aeroplan number must be included on the qualifying reservation to access the airline benefits. The name on the airline reservation must be identical to the name on the Aeroplan account of the traveller. For Additional Cardholders’ ability to access available benefits, their own personal Aeroplan number must be linked to a valid credit card account as verified by the bank that issued your Aeroplan credit card. Linking can be done by visiting www.aircanada.com/linkmycard. Please allow up to 72 hours after the credit card is approved, or the Aeroplan number of the Additional Cardholder is linked to the Additional Cardholder credit card, for these benefits to be activated.  Aeroplan member accounts of the Primary Cardholder and Additional Cardholder(s) must be in good standing to enjoy their credit card benefits.  Airline benefits will no longer be available upon account closure, regardless of reason for closure, or if the credit card product is changed. Aeroplan membership and benefits are subject to the Aeroplan Program Terms & Conditions and any applicable Air Canada terms and conditions relating to a benefit, as determined by Air Canada in its sole discretion and as may be changed from time to time.

⁴ "Primary Business Cardholder" means the individual who is issued the TD Aeroplan Visa Business Card with an annual fee of $149. Applicable airline benefits will be awarded to the Aeroplan Account associated with the Primary Business Cardholder, as designated by the Business.

⁵ A Primary Cardholder or Additional Cardholder, and up to eight (8) other passengers travelling on the same reservation (up to a maximum of nine (9) travellers), are each entitled to a free first checked bag up to 23kg/50lbs. Benefit only applies when checking in with Air Canada, for a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express brand. Free first checked bag benefit is applicable only when the bag is checked in at the designated check-in counter, prior to security. Bags checked in at the gate are not eligible for this benefit. Benefit is not available if check-in is with another airline. If the first checked bag is already complimentary (for example, as a result of Aeroplan Elite Status or fare purchased), there is no additional checked bag benefit that will be provided. Free first checked bag benefit may not be applied retroactively, and no refunds will be issued. Service charges for additional/oversized/overweight baggage may apply. More information on baggage restrictions.

⁶ Underwritten by TD Life Insurance Company. Medical and claims assistance, claims payment and administrative services are provided by our Administrator. Benefits, features and coverages are subject to conditions, limitations and exclusions, including a pre-existing condition exclusion, that are fully described in the Certificates of Insurance included with your TD Credit Cardholder Agreement. The day of departure from and the day of return to your province or territory of residence each count as one full day. 15-day coverage if you're under 65 and 4-day coverage if you're 65 or older. Note that this insurance offers different benefits, with different terms and conditions, then the optional Travel Medical Insurance that may be medically underwritten and is available for purchase to all TD customers, which you may be eligible to top up with.

⁷ Preferred Pricing
Primary TD Cardholders will often require fewer Aeroplan points to redeem for flight rewards through the Aeroplan program than Aeroplan Members who do not hold an Aeroplan co-branded Credit Card. Preferred pricing for flight rewards applies only to flight rewards with Air Canada, not on other airlines. The Toronto-Dominion Bank is not responsible for the Aeroplan program and flight rewards' points pricing provided under this program. Visit aircanada.com/Aeroplan for full details. Feature may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

⁸ The Primary Business Cardholder is entitled to receive one (1) Air Canada Maple Leaf Lounge One-Time Guest Pass (each a “Guest Pass”) for every $10,000 in net purchases charged to the Primary Business Cardholder account (less any returns and credits) within an account year (being each consecutive 12-month period starting when the annual fee is charged) up to a maximum of 4 Guest Passes in an account year per Aeroplan Account. All net spend by Additional Cardholder(s) will count towards the spend of the Primary Business Cardholder as long as they are associated with the same Aeroplan Account. All earned Guest Passes will be deposited up to 2 weeks following the cardholder renewal year. Each Guest Pass will expire twelve (12) months from the date of issuance. One Guest Pass may be used for single admittance by the Primary Business Cardholder, Additional Cardholder(s), or any guest(s) accompanying any of them to access an eligible Air Canada Maple Leaf Lounge (as identified below) upon presentation of a Guest Pass, along with a same-day, confirmed ticket on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express brand. Eligible Air Canada Maple Leaf Lounges are limited to those Maple Leaf Lounges located in Canada and in the United States only and exclude international Air Canada Maple Leaf Lounges located in the international departure zones of Canadian airports. Access also excludes Air Canada Signature Suites and lounges operated by third parties, such as the Star Alliance member airlines. Any guest entering an Air Canada Maple Leaf Lounge using a Guest Pass must be accompanied by the Primary Business Cardholder or Additional Cardholder. Anyone under the age of majority entering an Air Canada Maple Leaf Lounge must be accompanied by an adult with access to the lounge. Age of majority is determined by the jurisdiction in which the Air Canada Maple Leaf Lounge is located. Benefit may only be used as described, and otherwise cannot be transferred. Access is subject to space availability. Unused Guest Pass will automatically be cancelled on the date the credit card is closed, or if the credit card is changed to a different product. See all Air Canada Maple Leaf Lounges Terms and Conditions that apply.

⁹ Underwritten by TD Life Insurance Company (for medical covered causes) and TD Home and Auto Insurance Company (for non-medical covered causes). To be eligible for this insurance, at least 75% of your trip cost must be paid for using your TD Credit Card and/or Aeroplan points. Benefits, features and coverages are subject to conditions, limitations and exclusions, including a pre-existing condition exclusion, that are fully described in the Certificates of Insurance included with your TD Credit Cardholder Agreement. Note that this insurance offers different benefits, with different terms and conditions, then the optional Trip Cancellation and Trip Interruption Insurance that is available to all TD customers.

¹⁰ Underwritten by TD Home and Auto Insurance Company. To be eligible for this coverage, at least 75% of your trip must be paid for using your TD Credit Card and/or Aeroplan points. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement.

¹¹ Underwritten by TD Life Insurance Company. To be eligible for this coverage, your trip must be paid for in full using your TD Credit Card and/or Aeroplan points. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificates of Insurance included with your TD Credit Cardholder Agreement.

¹² Underwritten by TD Home and Auto Insurance Company. Car Rentals must be charged in full to the Card and/or associated Aeroplan points, cannot exceed 48 consecutive days and the rental agency’s Collision Damage Waiver (CDW) coverage must be declined by the Cardholder. Please note, in some jurisdictions, rental agencies may not permit you to decline their CDW coverage. It is important to call the rental agency before booking your car rental to confirm their insurance requirements. Refer to Auto Rental Collision/Loss Damage Insurance section of your TD Credit Card Cardholder Agreement for rental exclusions and further details.

¹³ Insurance coverages are underwritten by American Bankers Insurance Company of Florida (ABIC) under Group Policy TDA112020. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificates of Insurance included with your TD Credit Cardholder Agreement. ABIC, its subsidiaries, and affiliates carry on business in Canada under the name of Assurant®. ®Assurant is a registered trademark of Assurant, Inc.

¹⁴ Provided by our Administrator under a service agreement with TD Life Insurance Company. This is not an insurance benefit but assistance services only.

¹⁵ The Account will receive a statement credit up to a maximum of $100 CAD for the amount posted to the Account for a NEXUS application fee regardless of NEXUS application approval. There is a maximum of one (1) NEXUS statement credit available when a qualifying NEXUS application fee is posted to the Account in any given 48-month period and the number of available NEXUS statement credits will be equal to the number of Cardholders on the Account when a qualifying NEXUS application fee is posted to your Account. The 48 month period starts when the first qualifying NEXUS application fee is posted to the Account. To be eligible for the statement credit, the Account must be in good standing at the time the NEXUS application fee is charged and posted on the Account. NEXUS means the expedited border control program offered jointly by the Canada Border Services Agency and the U.S. Customs and Border Protection. The terms of the NEXUS program are established by NEXUS. The Toronto-Dominion Bank and its affiliates are not responsible for the NEXUS program.

¹⁶ Provided by Avis Rent A Car System LLC. Program terms are subject to change without notice. Certain blackout dates may apply. Offer subject to other terms and conditions.

¹⁷ Provided by Budget Rent A Car System, Inc. Program terms are subject to change without notice. Certain blackout dates may apply. Offer subject to other terms and conditions.

¹⁸ Underwritten by TD Home and Auto Insurance Company. To be eligible for this coverage, at least 75% of the item cost must be paid for using your TD Credit Card. Benefits, features and coverages are subject to conditions, limitations and exclusions that are fully described in the Certificate of Insurance included with your TD Credit Cardholder Agreement.

¹⁹ You are responsible for ensuring the mobile phone number we have on file is accurate and for notifying us of any changes. We will send the TD Fraud Alerts text message instantly upon detection of suspicious activity; however, receipt of the text message may be delayed or prevented due to a variety of factors such as technology failures, service outages, or multiple third-party involvement. TD Fraud Alerts text messages will only be sent to customers who have a Canadian mobile phone number and a Canadian mailing address in their TD Customer Profile.

²⁰ Earn Status Qualifying Credits by spending on your card
For every $20,000 in net purchases (less any returns and credits) (the "Purchase Threshold") charged to the a [TD Aeroplan Visa Infinite credit card][TD Aeroplan Visa Business credit card], Primary Cardholders can receive 1,000 Status Qualifying Credits ("SQC") up to a combined total maximum of 25,000 SQC per Aeroplan Member per calendar year for all SQC that may be awarded to that Aeroplan member in connection with any Aeroplan credit card held by that Aeroplan member, regardless of credit card issuer (the "Annual Credit Card Maximum"). The Annual Credit Card Maximum is tracked by Aeroplan. For certainty, the Annual Credit Card Maximum only applies to SQC that is awarded to an Aeroplan Member in connection with any Aeroplan credit card and Aeroplan Members may be awarded Status Qualifying Credits through other eligible activities in accordance with the Aeroplan Elite Status Terms and Conditions.

Subject to the Annual Credit Card Maximum, SQC will be awarded to the Aeroplan Member's account at the end of the next credit card account billing period after the Purchase Threshold is met. Please allow up to 1 week after your credit card account statement date for the SQC to appear in the Aeroplan Member’s account. Additional Cardholder(s) are not eligible to receive SQC through this benefit; however, net purchases charged by Additional Cardholders will count towards the Primary Cardholder’s net purchases and SQC eligibility.

SQC are not redeemable towards Aeroplan rewards and only count towards Aeroplan Elite Status qualification. SQC cannot be exchanged and do not count towards Million Mile status.

Aeroplan reserves the right, at any time and at its sole discretion, to reverse, revoke or rescind SQC, Elite Status and associated benefits in the event of misuse of this benefit.

Aeroplan Elite Status is offered by Air Canada. All Aeroplan Elite Status terms and conditions apply. The Toronto-Dominion Bank has no responsibility or liability for Aeroplan Elite Status.

²¹ Primary Cardholders of a TD Core Credit card (TD^® Aeroplan^® Visa Infinite^* Card and TD^® Aeroplan^® Visa Business^* Card) are eligible to enroll for Avis Preferred Plus status. Enrollment into the Avis Preferred plus status is required by completing the Aeroplan form, and the status will be in effect immediately but may take up to 7 business days after enrollment registered by Avis to appear on your Avis Preferred^® profile.

Additional Cardholders do not qualify for Avis Preferred Plus status unless they hold 25K, 35K or 50K status in the Aeroplan Elite^TM Status Program. For full terms and conditions, please visit the Avis Preferred Status with Aeroplan page.

²² Your points will not expire provided that you are the Primary Cardholder of a TD Aeroplan credit card and your Aeroplan account is in good standing underthe Aeroplan Terms and conditions.

For more information on Aeroplan's inactivity policy, please visit aircanada.com/aeroplan-inactivitypolicy for more details.

^® The TD logo and other trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

^®Aeroplan is a registered trademark of Aeroplan Inc., used under license.

Starbucks, the Starbucks logo, and other Starbucks trademarks, service marks, graphics, and logos used in connection with the Offer are trade names, trademarks or registered trademarks of Starbucks Corporation (collectively “Starbucks Marks”).

All trade-marks are the property of their respective owners.

See Air Canada and Aeroplan trade-mark ownership details.

Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc.

^™ NEXUS Official mark and/or trademark of Her Majesty the Queen in Right of Canada, used under license.

* Trademark of Visa Int. used under license.

Annual interest rates, fees and features are subject to change.

^®The TD logo and other trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

The Click to Pay icon is a trademark owned by and used with permission of EMVCo, LLC.