Annual interest rates, fees and features are current as of March 30,2020 unless otherwise indicated and subject to change.

All trade-marks are the property of their respective owners. For trade-mark ownership details, see www.tdcanadatrust.com/aeroplancards

1 Welcome Bonus Aeroplan Miles (“Welcome Bonus Miles”) will be awarded to the Aeroplan Member Account of the designated owner/sole proprietor or partner associated with the business who is the holder ("Primary Business Cardholder") of the TD® Aeroplan® Business Credit Card Account that is charged an annual fee of $149 (the “$149 Account”). The Welcome Bonus Miles will be awarded only after the first Purchase is charged to the $149 Account with the Card that has the $149 annual fee (the “First Purchase”). If you have opened a $149 Account in the last 6 months, you will not be eligible for this offer. We reserve the right to limit the number of $149 Accounts opened by, and the number of Welcome Bonus Miles awarded to, any one person. Please allow up to 4 weeks after the First Purchase is posted to the $149 Account for the Welcome Bonus Miles to be credited to the Primary Business Cardholder's Aeroplan Member Account. Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer unless otherwise indicated. These miles are not eligible for Aeroplan status.

2 Business and business owners are jointly and severally liable for all charges made to each TD Business Card Account.

3 The Toronto-Dominion Bank is not responsible for any Aeroplan Miles earned under this “earn miles twice” feature of the Aeroplan program when the Aeroplan Membership Card is presented. See your Aeroplan Program for full details. Feature may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

4 All Air Canada benefits are fulfilled in whole or in part by Air Canada, or its designated affiliates or other third parties, and are subject to change at any time. The Toronto-Dominion Bank and its affiliates are not responsible for fulfilling these benefits. For more details about these benefits, please contact Air Canada directly. Air Canada Benefit Eligibility – Priority Travel Services: With the TD® Aeroplan® Visa Business Card, Air Canada benefits (the complimentary first checked bag, priority check-in and priority boarding) applies whenever the Cardholder with the annual fee of $149 (“Primary Business Cardholder”) travels using an Aeroplan flight reward, only, on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada express banner. Flights operated by other airlines are not eligible. To access these benefits, the Primary Business Cardholder must redeem their Aeroplan flight reward (defined as Fixed Mileage Flight RewardsTM or Market Fare Flight RewardsTM) using miles from their Aeroplan account. To access these benefits, the Primary Business Cardholder must also ensure that the name on the Air Canada flight booking is identical to the name on the Aeroplan account profile of the traveler. Where zonal boarding is available, the priority boarding status will be recognized by a Zone 2 descriptor for the Primary Business Cardholder and companions travelling on the same reservation checking-in at the same time, which will be displayed on the Air Canada issued boarding pass. Priority check-in may also be extended to companions travelling on the same reservation checking-in at the same time as the Primary Business Cardholder. To access priority check-in and priority boarding, the Primary Business Cardholder may be required to show their TD® Aeroplan® Visa Business Card to the Air Canada agent. Please allow two weeks from receiving your Card for these Air Canada benefits to be activated. The complimentary first checked bag, up to 23kg (50 lbs), applies whenever the Primary Business Cardholder travels using an Aeroplan flight reward, only, on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada express banner. Flights operated by other airlines are not eligible. To access this benefit, the Primary Business Cardholder must redeem their Aeroplan flight reward (defined as Fixed Mileage Flight Rewards or Market Fare Flight Rewards) using miles from their Aeroplan account. To access this benefit, the Primary Business Cardholder must also ensure that the name on the Air Canada flight booking is identical to the name on the Aeroplan account profile of the traveler. The complimentary first checked bag applies solely to the Primary Business Cardholder, and service charges for additional/oversized/overweight baggage may apply. Applicable on flights that do not already offer a complimentary first checked bag. To access this benefit, the Primary Business Cardholder may be required to show their TD® Aeroplan® Visa Business Card to the Air Canada agent. Please allow two (2) weeks from receiving your Card for these Air Canada benefits to be activated. Air Canada Benefit Eligibility – Air Canada Maple Leaf Lounge One-Time Guest Access Benefit: With the TD® Aeroplan® Visa Business Card, the Primary Business Cardholder will receive one Air Canada Maple Leaf Lounge One-Time Guest Access Benefit once every calendar year (January 1- December 31). The Primary Business Cardholder may access an Air Canada Maple Leaf Lounge, where available, upon presentation of an active TD® Aeroplan® Visa Business Card with a valid, same-day boarding pass for travel using an Aeroplan flight reward, only, on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada express banner. To access this benefit, the Primary Business Cardholder must redeem their Aeroplan flight reward (defined as Fixed Mileage Flight RewardsTM or Market Fare Flight RewardsTM) with miles from their Aeroplan account. Each Air Canada Maple Leaf Lounge One-Time Guest Access Benefit applies for a single entry during the calendar year for which it was provided by the Primary Business Cardholder only and cannot be carried forward to the next calendar year or transferred to another person. Additional conditions may apply and are outlined on aircanada.com/tdbenefits. Air Canada Maple Leaf Lounge access is subject to availability and all other then-current terms and conditions, that are subject to change at Air Canada’s sole discretion from time to time. Please allow two weeks from receiving your Card for these Air Canada benefits to be in effect.

5 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 Certificate of Insurance included with your TD Credit Cardholder Agreement. Note that this insurance offers different benefits, with different terms and conditions, than 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. The day of departure from and the day of return to your province 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.

6 1.5 Bonus Aeroplan Miles (“Bonus Rate”) are earned for each $1.00 in Purchases of gas (“Gas”) or travel and related travel products and services (“Travel”) charged to your TD® Aeroplan® Visa Business Credit Card Account (“Account”). Any returned items, refunds, rebates or other similar credits will reduce or cancel the Aeroplan Miles earned on the original Purchase. To earn this Bonus Rate, Purchases of Gas, and Travel must be made at merchants classified through the Visa network with a Merchant Category Code (“MCC”) that identifies that merchant in the “gas” or travel category. Some merchants may sell Gas and Travel, or have separate merchants located on their premises that also sell Gas or Travel, but may not be classified with a Gas or Travel MCC and such Purchases will not earn this Bonus Rate. If you have questions about a Purchase and the MCC that applies to that Purchase, contact TD at 1-800-983-8472. Bonus Rate is only available on the first $80,000 in net annual Purchases of Gas and Travel made from January 1 to December 31 each year on your Account. Once the maximum net annual amount has been reached in any year, these Purchases of Gas and Travel on the Account will not earn the Bonus Rate but will only earn Aeroplan Miles at the standard rate that applies to all other Purchases on the Account. This Bonus Rate offer is in place of, and not in addition to, the standard rate earned on Purchases made on your Account. Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer.

7 (One) 1 Aeroplan Mile is earned on each $1.00 in Purchases charged to your TD® Aeroplan® Business Credit Card Account ("Account"). Credit for returned items, refunds, rebates or other similar credits will reduce or cancel the Aeroplan Miles earned by the amount originally charged to your Account. Fees, Cash Advances (including Balance Transfers, Cash-Like Transactions and TD Visa Cheques), interest charges, optional services, refunds, rebates or other similar credits do not earn Aeroplan Miles. Please see the Aeroplan Terms for your TD Credit Card section of the Cardholder Agreement for complete details on Aeroplan Miles earned on Purchases (a copy of the Cardholder Agreement is available at tdcanadatrust.com/agreements).

8 Use of Aeroplan Miles to cover taxes, fees, charges and carrier surcharges associated with a flight reward booking (“Taxes, Fees, and Surcharges”) is in addition to the Aeroplan Miles required to redeem for an Aeroplan flight reward. Mileage levels required for the redemption of Taxes, Fees, and Surcharges may change without notice. Conditions, limitations and exclusions apply when using Aeroplan Miles to cover applicable Taxes, Fees, and Surcharges. For full details please visit aeroplan.com/flightrewardtermsandconditions

9 The Visa SavingsEdge Program is provided by Visa Canada. The Toronto-Dominion Bank and its affiliates accept no responsibility in respect of this Program.

10 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 Miles. 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 Home and Auto Insurance Company. To be eligible for this coverage, your trip must be paid for in full using your TD Credit Card and/or associated Aeroplan Miles. 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.

12 Underwritten by TD Home and Auto Insurance Company. Rentals must be charged in full to the Card and/or associated Aeroplan Miles, cannot exceed 48 consecutive days and the rental agency’s Collision Damage Waiver coverage must be declined by the Cardholder. Refer to Auto Rental Collision/Loss Damage Insurance section of your TD Credit Cardholder Agreement for rental exclusions and further details.

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

14 Provided by Avis Rent A Car System ULC. Minimum discount offer subject to discount code and to terms and conditions which may change without notice. Blackout dates may apply. Base rate refers to time and kilometre/mile charges only. Taxes, fees and surcharges are extra. The Toronto-Dominion Bank is not responsible for any vehicles, services, discounts or other offers made available by Avis Rent A Car System ULC.

15 Provided by Budget Rent A Car System, Inc. Minimum discount offer subject to discount code and to terms and conditions which may change without notice. Blackout dates may apply. Base rate refers to time and kilometre/mile charges only. Taxes, fees and surcharges are extra. The Toronto-Dominion Bank is not responsible for any vehicles, services, discounts or other offers made available by Budget Rent A Car System, Inc.

16 Underwritten by TD Home and Auto Insurance Company. To be eligible for this coverage, the item must be paid for in full 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.

17 Cash Advance is subject to available credit. Balance Transfers are treated as Cash Advances and accrue interest at the Cash Advance rate that applies to your Account from the date the Balance Transfer is made.

18 All TD Canada Trust customers including TD Credit Cardholders are eligible to apply for optional Trip Cancellation and Trip Interruption Insurance, underwritten by TD Life Insurance Company (medical covered causes) and TD Home and Auto Insurance Company (non-medical covered causes). 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 Certificate of Insurance. Trip Cancellation and Trip Interruption Insurance can be purchased by calling 1-800-293-4941 or by visiting www.tdcanadatrust.com. Note that this optional insurance offers different benefits, on different terms and conditions, than the Trip Cancellation/Trip Interruption Insurance that is automatically included with other TD Credit Cards.

TM Air Canada Maple Leaf Lounge and Air Canada Rouge are trademarks of Air Canada, used under license.

® Air Canada and Air Canada express are registered trademarks of Air Canada, used under license.

TM Fixed Mileage Flight Rewards and Market Fare Flight Rewards are trademarks of Aeroplan Inc.

® The Aeroplan logo and Aeroplan, are registered trademarks of Aeroplan Inc.

® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.

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

*Trademark of Visa Int., used under license.