Sell TD Aeroplan Points When Closing Your Account
Planning to close your TD Aeroplan Visa Infinite or Platinum card? Here's the complete guide to what happens to your Aeroplan points—and how to convert them to cash before they go to waste.
Quick Answer:
Great news for TD cardholders: When you cancel your TD Aeroplan Visa Infinite or Platinum card, your Aeroplan points stay in your Aeroplan account—they don't vanish with the card. However, without the card generating activity, your points could expire after 18 months of inactivity. If you won't be using your points for travel, you can sell them for $0.010-$0.015 CAD per point (100K points = $1,000-$1,500 cash).
The TD Aeroplan Visa Infinite Card is one of Canada's most popular travel credit cards, known for its strong earning rates on everyday purchases and valuable Air Canada perks. With an annual fee of $139 (or $599 for the TD Aeroplan Visa Infinite Privilege), many cardholders eventually reconsider their card strategy—especially if their travel habits have shifted or they're consolidating their credit cards.
If you've accumulated tens of thousands (or even hundreds of thousands) of Aeroplan points through your TD card and don't have immediate travel plans, selling those points for cash can be a practical way to extract real value. This guide covers everything you need to know about the process.
What Happens to Your Points When You Cancel TD Aeroplan Visa?
This is the most important question TD cardholders ask, and the answer is reassuring. Unlike American Express cards where points disappear immediately upon cancellation, TD Aeroplan cards work the same way as CIBC Aeroplan cards:
Your points remain in your Aeroplan account
Aeroplan points belong to your Aeroplan membership number, not your TD credit card. Cancelling the TD card has no immediate effect on your existing Aeroplan balance. Your points continue to sit in your Aeroplan account, ready for use.
You can still redeem points after cancellation
Even without an active TD Aeroplan card, your Aeroplan account remains fully functional. You can book flights, upgrades, hotel stays, car rentals, or any other Aeroplan redemption using your accumulated points.
You stop earning new TD points
Once your TD card is closed, you'll no longer earn Aeroplan points on your daily spending through that card. You'll need another Aeroplan-earning credit card (like CIBC, Amex, or TD's no-fee option) to continue building your balance.
Watch the 18-month inactivity clock
Aeroplan points expire after 18 months of account inactivity. Without your TD card generating earning activity, you'll need another way to keep your account active—or sell your points before they expire.
Key Insight:
TD Aeroplan works exactly like CIBC Aeroplan in this regard. Both banks are Aeroplan partners, meaning your points are stored centrally with Aeroplan—not with the bank. Closing either card doesn't trigger immediate point forfeiture. This is fundamentally different from Amex, where Membership Rewards points live within your Amex account and vanish when you close the card.
Why Sell TD Aeroplan Points Instead of Letting Them Sit?
Many Canadians accumulate significant Aeroplan balances over years of TD card spending. After cancelling, those points often sit idle—and that's risky. Here's why selling makes sense for many people:
Reasons to Sell Your Points
- You don't have travel plans in the next 18 months
- Points risk expiring due to account inactivity
- You need cash for other financial priorities
- Award seat availability is poor for your routes
- You prefer the certainty of cash over travel rewards
Reasons to Keep Points
- You have specific trips planned
- You want business class redemptions (higher value)
- You still earn Aeroplan from other cards
- Family members could use the points for travel
- You're switching to another Aeroplan card
The bottom line: If your points would otherwise sit unused or risk expiring, converting them to cash gives you immediate value and complete flexibility. Many TD cardholders find that $1,000-$2,000 in cash is more useful than 100K-200K points they may never redeem.
Current Rates for TD Aeroplan Points (2026)
Aeroplan points from TD cards sell at the same rates as any other Aeroplan points—whether earned through CIBC, Amex, or direct airline flights. The points are identical once they're in your Aeroplan account.
What You'll Receive
- Current Rate: $0.010 - $0.015 CAD per point
- 50,000 points: $500 - $750 CAD
- 100,000 points: $1,000 - $1,500 CAD
- 200,000 points: $2,000 - $3,000 CAD
- Payment Method: Interac e-Transfer within 48 hours
- Minimum: 25,000 points
How rates compare to redemption value: Premium cabin Aeroplan redemptions (business and first class) can yield 2-3 cents per point in value. However, economy redemptions typically deliver closer to 1-1.5 cents. If you weren't planning to book premium flights, selling at 1-1.5 cents per point captures similar value while giving you cash instead of travel.
How to Sell Your TD Aeroplan Points: Step by Step
The process uses Aeroplan's official Family Sharing feature, which allows free and instant point transfers between connected accounts. Here's exactly how it works:
Request a Free Quote
Visit megamilesbroker.com/sell and enter your Aeroplan point balance. Select "Aeroplan" as your program and provide your contact information. You'll receive a personalized quote within 24 hours showing your exact cash value based on current market rates.
Review and Accept the Offer
Your quote will clearly state: the rate per point, the total CAD amount you'll receive, and the payment timeline. Review the details carefully. If you're happy with the offer, confirm by replying to the email. There are no upfront fees or hidden charges.
Set Up Family Sharing in Your Aeroplan Account
Log into your Aeroplan account at aeroplan.com. Navigate to the "Family Sharing" section under your account settings. We'll provide you with the Aeroplan member details to add to your family group.
Why Family Sharing? This is Aeroplan's official feature for pooling points between household members. It's free (no transfer fees), instant (points move immediately), and uses Aeroplan's own system—making it the safest way to transfer points.
Transfer Your Points
Once the family member is added (this can take up to 24 hours for Aeroplan to process), click "Pool Points" and select the number of points you want to transfer. The transfer happens instantly once confirmed. Let us know when it's complete.
Receive Your Payment
Once we confirm receipt of your points, you'll receive an Interac e-Transfer within 48 hours. The funds deposit instantly to any Canadian bank account. Most transfers complete within 24 hours.
Cancel Your TD Card (Optional)
You can sell your points before or after cancelling your TD Aeroplan card—the timing is flexible since points stay in your Aeroplan account either way. Many people prefer to sell first, then cancel the card once their points are converted to cash.
Timeline Considerations: The 18-Month Inactivity Rule
Understanding Aeroplan's expiration policy is crucial when planning to close your TD card. Here's what you need to know:
Critical Timeline:
- 18 months of inactivity = Points expire: Aeroplan points expire if you have no earning or redemption activity for 18 consecutive months
- After TD card cancelled: Your points remain but the clock starts ticking unless you have other Aeroplan activity
- Point selling timeline: 3-5 days from quote request to payment received
What Counts as "Activity" to Prevent Expiration?
- Earning points from any Aeroplan partner credit card (TD, CIBC, Amex)
- Flying Air Canada or Star Alliance (earning points from flights)
- Shopping through the Aeroplan eStore
- Redeeming points for any reward
- Transferring points to/from hotel partners
Best practice: If you're closing your TD Aeroplan card and don't have another Aeroplan-earning card, sell your points before cancellation or within a few months after. Don't let 18 months of inactivity sneak up on you.
TD vs CIBC vs Amex: How Points Work Differently
Understanding how different credit card issuers handle points helps you plan your cancellation strategy:
| Card Issuer | Points Location | On Cancellation | Action Required |
|---|---|---|---|
| TD Aeroplan | Aeroplan account | Points stay | Monitor inactivity |
| CIBC Aeroplan | Aeroplan account | Points stay | Monitor inactivity |
| Amex MR | Amex account | Points disappear immediately | Transfer or sell BEFORE cancelling |
Key takeaway: TD and CIBC Aeroplan cardholders have more flexibility because points persist after cancellation. Amex cardholders must act before cancelling or lose everything.
Is Selling TD Aeroplan Points Safe?
When using a reputable Canadian broker and the Family Sharing method, selling Aeroplan points is straightforward and secure:
Family Sharing is an official Aeroplan feature
You're using Aeroplan's own system for transferring points. The feature is designed for household pooling but functions the same way regardless of who you're sharing with.
No passwords shared
You never share your Aeroplan login credentials. You control the entire process from your own account dashboard.
Interac e-Transfer provides payment security
You receive payment through Canada's trusted bank transfer network, with deposits going directly to your bank account.
Thousands of Canadians sell points annually
The points brokerage industry has operated in Canada for over a decade, with established brokers processing thousands of transactions.
Important Note:
While selling points is legal in Canada, it does technically violate Aeroplan's terms of service. The practical risk of account closure is low when using Family Sharing, but it exists. Many people choose to sell when their points would otherwise expire unused, accepting this minimal risk for the benefit of cash in hand.
Frequently Asked Questions
Can I sell my TD Aeroplan points before cancelling my card?
Yes, and this is often the preferred approach. You can sell your points while your card is still active, receive your cash, and then cancel the card. This gives you maximum control over the timing.
What if I have both TD and CIBC Aeroplan cards?
All your Aeroplan points accumulate in the same Aeroplan account, regardless of which bank's credit card you used to earn them. You can sell your entire Aeroplan balance at once, even if points came from multiple cards.
How quickly can I sell my TD Aeroplan points?
The entire process typically takes 3-5 days: 24 hours for the quote, 24 hours for Family Sharing setup (Aeroplan processing time), and 24-48 hours for payment after points are transferred. In some cases, everything can complete in as little as 48 hours.
What's the minimum number of points I can sell?
Most brokers require a minimum of 25,000 Aeroplan points. Smaller amounts aren't economically viable due to processing overhead.
Do I need to notify TD that I'm selling my points?
No. Your Aeroplan points belong to your Aeroplan membership, which is separate from your TD banking relationship. TD has no visibility into or control over your Aeroplan point transactions.