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American Express® Aeroplan® Reserve Card review

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Advertiser Disclosure

Annual Fee
$599.00
Interest Rate: Purchases
20.99%
Interest Rate: Purchases
20.99%
Balance Transfer
-
Balance Transfer
-
Rewards
1 - 3 points
Rewards
1 - 3 points
Signup Bonus
60000 points (after spending $7,500)
Signup Bonus
60000 points (after spending $7,500)


7.3/10
Informr score
The American Express® Aeroplan® Reserve Card currently has an Informr score of 7.3 out of 10. This score is based on our evaluation of 10 sources including reviews from users and the web's most trusted critics.

Am I eligible?


American Express® Aeroplan® Reserve Card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Yore Oyster
Yore Oyster

American Express Aeroplan Reserve Card offers substantial benefits and perks to its cardholders. Individuals who frequently fly in Air Canada can take advantage of the points back. You can acquire points you can redeem for rewards while you spend on eligible purchases on your travel.

- Jordan Bishop, Yore Oyster
Money.ca
Money.ca

The American Express®Aeroplan®* Reserve Card is definitely a contender when it comes to the best travel credit cards. The welcome bonus right now is a huge draw and the annual fee, while high, is offset by the great travel perks and benefits. As a travel card, we don’t love that it’s limited to Air...

- Hannah Logan, Money.ca
Frugal Flyer
Frugal Flyer

As one of the eleven co-branded Aeroplan credit cards in Canada, the Amex Reserve card definitely makes a strong value proposition in what it offers to cardholders. Based on the welcome bonus versus the annual fee alone, this might be a great card to pick up if you can support the monthly spending r...

- Josh Bandura, Frugal Flyer
Rewards Canada
Rewards Canada

If Air Canada and Aeroplan are your go to airline and loyalty program and you want extra benefits when you fly with them, this card makes an excellent choice. With the best earn rate for Air Canada purchases, amazing benefits and a full suite of insurance coverage this card has you covered. You'll a...

- Rewards Canada
NerdWallet
NerdWallet

Comprehensive travel insurance, Air Canada benefits, impressive earn rates and unlimited rewards make the American Express Aeroplan Reserve Card a strong choice for frequent travellers.

- Clay Jarvis, NerdWallet

Details


Interest Rates
Regular APR Interest Rate 20.99%
Balance Transfer Interest Rate

No interest charges because you pay your balance in full each month

Cash Advance Interest Rate 21.99%
Rates & Fees
Annual Fee $599.00
Balance Transfer Fee
Cash Advance Fee 3%

Minimum of $0.75

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $0.00
Late Payment Fee $0.00
Promotions
Sign up bonus 60000 points after spending $7,500
  • On purchases within the first 3 months.
  • Plus, earn an additional 25000 points when you spend $2500 in month 13
Rewards
All Purchases 1 point per $1 spent
Restaurants 2 points per $1 spent

On eligible dining and food delivery purchases in Canada

Gas No
Groceries No
Hotels No
Travel 3 points per $1 spent

On eligible purchases made directly with Air Canada and Air Canada Vacations

Pharmacy No
Bills No
Additional Details
  • Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $5,000 in eligible net purchases charged to your Card.
  • Receive one Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your Card anniversary date.
Features & Benefits
Additional Card Holders
  • $199 for each additional Aeroplan® Reserve Card to share some of your benefits and earn Aeroplan points faster
  • $0 for each additional Aeroplan® Reserve No Fee Card to earn points faster
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits
  • Enjoy access to select Air Canada Maple Leaf Lounges and Air Canada Cafes in North America
  • Priority Airport Check-In, Priority Boarding, and Priority Baggage Handling when you fly with Air Canada
  • Get prioritized on the standby waitlist for an Air Canada flight and higher priority when you request an eUpgrade
  • Free First Checked Bag
  • Expedited Security Lane
  • Get complimentary valet service at the Express Park and Daily Park at Toronto Pearson International Airport
  • Get 15% off parking rates at the Express Park and Daily Park at Toronto Pearson International Airport
  • Get 15% off Car Care Services at Toronto Pearson International Airport
  • Exclusive Access to Amex Experiences
  • Reach Elite Status Faster
  • Front Of The Line®
  • Trip Cancellation Insurance
  • Trip Interruption Insurance
  • Flight Delay Insurance
  • Baggage Delay Insurance
  • Lost or Stolen Baggage Insurance
  • Hotel Burglary Insurance
  • Free Uber Pass Membership for 12 months
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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