16:52:24 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Toronto-Dominion Bank
Symbol TD
Shares Issued 1,774,766,030
Close 2024-02-01 C$ 81.06
Market Cap C$ 143,862,534,392
Recent Sedar Documents

Globe says TD, CIBC hear about Aeroplan's new rules

2024-02-02 09:05 ET - In the News

Also In the News (C-CM) Canadian Imperial Bank of Commerce (CIBC)

The Globe and Mail reports in its Friday edition that in November, Aeroplan e-mailed all its members to let them know it was updating its general terms and conditions. Guest columnist Barry Choi writes that most people likely ignored or deleted the e-mail without a second thought. Fortunately, your Aeroplan points are still worth exactly the same. However, the updated terms do address fraud and credit-card welcome bonuses, so it is worth understanding how they may affect you in the future. The most significant change for Aeroplan members is how the program now treats co-branded credit-card welcome bonuses. The new language states that the welcome offer you get when you sign up for a new credit card is only available once per card type, regardless of issuer. For example, if you have the TD Aeroplan Visa Infinite Card, you should not expect to get the welcome offer if you sign up for the CIBC Aeroplan Visa Infinite Card since they are the same type of Aeroplan card. In addition, Aeroplan states that it can limit the number of bonuses you get if you switch your credit card to another Aeroplan card type. The new terms do state that the bonus is available once per card type, and there are five Aeroplan card types.

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