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.
- Jordan Bishop, Yore OysterAmerican 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.
- Hannah Logan, Money.caThe 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...
- Josh Bandura, Frugal FlyerAs 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...
- Rewards CanadaIf 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...
- Clay Jarvis, NerdWalletComprehensive travel insurance, Air Canada benefits, impressive earn rates and unlimited rewards make the American Express Aeroplan Reserve Card a strong choice for frequent travellers.
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
|
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 |
|
Features & Benefits | |
Additional Card Holders |
|
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 |
|
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 |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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