Head to head · Reviewed 2026-07-06 · By The Points Standard editorial team

Amex Cobalt Card vs TD Aeroplan Visa Infinite

Two cards, one Standard Score rubric. The Amex Cobalt Card scores higher overall at 8.3/10 — but the right pick depends on which components match your spending.

How we make money & how we rank: rankings are set by the Standard Score, never by compensation. Some card links may become referral links; that never changes a card's score or position. Full disclosure. Last reviewed: 2026-07-06.
Amex Cobalt CardTD Aeroplan Visa Infinite
Standard Score8.3/10 · Excellent7.4/10 · Strong
Annual fee$191.88 ($15.99 charged monthly (increased from $12.99/mo effective November 5, 2025))$139 (Rebated in the first year (current offer))
Welcome bonusUp to 15,000 MR points (1,250/month for 12 months of qualifying spend)Up to 40,000 Aeroplan points (10,000 on first purchase + 15,000 on $3K/90 days + 15,000 anniversary on $12K/12 mo), plus a first-year fee rebate
Est. bonus value$300$840
First-year net value$714$880
Earn rates
  • 5xEats & drinks (groceries, restaurants, food delivery)
  • 3xStreaming subscriptions
  • 2xGas, transit, travel
  • 1xEverything else
  • 1.5xGas, groceries, and Air Canada purchases
  • 1xEverything else
Points currencyAmex Membership RewardsAeroplan
No FX feesNoNo
Lounge accessNoNo

Where the Amex Cobalt Card wins

  • First-year value — scores 9.0/10 on this component
  • Ongoing value — scores 8.5/10 on this component
  • Flexibility — scores 9.0/10 on this component
  • Strategic fit — scores 8.5/10 on this component

Where the TD Aeroplan Visa Infinite wins

  • Perk usability — scores 8.5/10 on this component
  • Low friction — scores 8.5/10 on this component

The verdict

A flexible earner against a single-airline specialist. The Cobalt's 5x on food converts to Aeroplan at a strong ratio and out-earns the TD card on nearly every purchase, but it's an Amex — no free checked bag, no guaranteed Air Canada acceptance at the gate. Big food spenders who fly Air Canada occasionally should feed the Cobalt and transfer in; frequent AC flyers who check bags should hold the TD card for its baggage perk regardless of what else is in their wallet.

Read the full reviews: Amex Cobalt Card and TD Aeroplan Visa Infinite, or see how both rank in Best Credit Cards in Canada.