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.
- Shannon Terrell, NerdWalletIf you don’t mind an annual fee, travel often and typically use your credit card at the grocery store, gas station, or drugstore, the American Express Air Miles Reserve Card may be a practical choice.
- PointsWiseOn paper the the American Express Air Miles Reserve Credit Card still makes sense, as it comes with a lot of travel benefits which far outweigh the annual fee. However, if you’re serious about earning travel rewards, or even just getting started, consider an Amex Membership Rewards Card instead. The...
- Mohamed Konate, My Rate CompassAfter the bonus, card holders earn one Air Mile for every $10 spent on eligible Air Miles partner purchases and other eligible purchases such as gas, groceries and pharmacy. One Air Mile is earned for every $15 spent elsewhere. Card holders can redeem their points on flights, hotels, merchandise, ca...
- creditcardGeniusIf you travel a lot, have a higher yearly spend amount, and love AIR MILES – then this card is worth exploring.
Interest Rates | |
---|---|
Regular APR Interest Rate | 20.99% |
Balance Transfer Interest Rate |
20.99% |
Cash Advance Interest Rate | 21.99% |
Rates & Fees | |
Annual Fee | $299.00 |
Balance Transfer Fee |
3% Maximum |
Cash Advance Fee | $2.75 |
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 | $29.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus |
2400 miles after spending $3,000 On purchases within the first 3 months |
Rewards | |
All Purchases | 1 mile for $15 spent |
Restaurants | No |
Gas | 1 mile for $10 spent |
Groceries | 1 mile for $10 spent |
Hotels | No |
Travel | No |
Pharmacy | 1 mile for $10 spent |
Bills | No |
Additional Details |
1 mile for $10 spent on purchases made at AIR MILES Sponsors. |
Features & Benefits | |
Additional Card Holders |
$50 per year for each card |
Travel Accident Insurance | Yes |
Car Rental Insurance | Yes |
Car Rental Discount | No |
Extended Warranty | Yes |
Purchase Protection | Yes |
Zero Liability | Yes |
No Foreign Transaction Fees | No |
Emergency Assistance | Yes |
Concierge Service | Yes |
Price Protection | No |
Fraud Protection | Yes |
Free Credit Scores | No |
Wireless Payments | Apple Pay |
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 |
$20,000 per year |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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