Pros & Cons

Pros

  • +Welcome Bonus: Up to 85,000 points
  • +Up to 3x on Air Canada flights
  • +Airport lounge access

Cons

  • High annual fee ($599/yr)
  • Foreign Transaction Fee (2.5%)

Our Review

With this welcome offer for American Express® Aeroplan®* Reserve Card, you can earn up to 85,000 Aeroplan points. Here’s how:

  • Earn 60,000 points after you spend $7,500 on your Card in your first 3 months of Cardmembership
  • Plus, earn an additional 25,000 Aeroplan points when you spend $2,500 in the 13th month

With this Amex Aeroplan Card, you earn 3X the points on purchases made directly with Air Canada and Air Canada Vacations. And 2x the points on Dining and Food Delivery purchases in Canada. Everywhere else, you will earn 1.25X the points.

With this Amex Aeroplan Premium Card, you receive many Air Canada travel benefits, such as access to Maple Leaf Lounges in North America for you and one guest, priority check-in, priority boarding and priority baggage handling. It’s the best Amex Aeroplan Card for frequent Air Canada flyers.

With this American Express Aeroplan Card, enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.

Like all American Express Canada Cards, there is no minimum income requirement.

Awards won by the American Express® Aeroplan®* Reserve Card

  • 2026 Awards Best Credit Card for Frequent Travelers

Rewards

All Spending

1.25x

Aeroplan pts per dollar

Air Canada flights

3x

Aeroplan pts per dollar

Restaurants

2x

Aeroplan pts per dollar

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

¢/ point
Groceries1.25x
$700/month
Gas & EV1.25x
$200/month
Transit1.25x
$100/month
Restaurants2x
$300/month
Pharmacy1.25x
$50/month
Travel1.25x
$150/month
Bills & recurring payments1.25x
$250/month
Telecom1.25x
$150/month
Entertainment & streaming1.25x
$100/month
Office supplies1.25x
$0/month
All other spending1.25x
$500/month

Points Earned

40,200

Aeroplan/yr

Estimated Value

$804

After Fees

+$205

1st Year Value

$1,505

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 1.25x10,500 pts
Gas & EV$2,400/yr × 1.25x3,000 pts
Transit$1,200/yr × 1.25x1,500 pts
Restaurants$3,600/yr × 2x7,200 pts
Pharmacy$600/yr × 1.25x750 pts
Travel$1,800/yr × 1.25x2,250 pts
Bills & recurring payments$3,000/yr × 1.25x3,750 pts
Telecom$1,800/yr × 1.25x2,250 pts
Entertainment & streaming$1,200/yr × 1.25x1,500 pts
All other spending$6,000/yr × 1.25x7,500 pts
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year1.34x
Average earn rate on spend 1st year with welcome bonus3.34x
Total points earned on spend40,200 pts
Welcome bonus points+60,000 pts
  • Earn 60,000 Aeroplan after $7,500 in purchases within the first 3 months
  • Earn 25,000 Aeroplan with a purchase around month 13 (year 2)
Total points earned100,200 pts
Value of points accumulated in the first year$2,004

Annual benefits

  • $100
Total benefits$100

Perks & Benefits

Airport lounge access

Priority PassMembership only
Air Canada Maple Leaf LoungeUnlimited (Access when flying Air Canada)

Concierge Service

24/7

Priority Boarding

Included

Priority check-in

Included

NEXUS membership

Included

NEXUS credit (per 4 yrs)

$100

Travel Insurance

Travel medical (under 55)

Up to $5,000,000 / 15 days

Travel medical (55-64)

Up to $5,000,000 / 15 days

Trip Cancellation

Up to $1,500

Trip Interruption

Up to $1,500

Delayed Baggage

Up to $1,000

Lost Baggage

Up to $1,000

Flight Delay

Up to $1,000

Hotel Burglary

Up to $1,000

Travel Accident

Up to $500,000

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Auto Rental (primary)

Up to $85,000 / 48 days

View the insurance certificate (PDF)

Fees and interest rates

  • Annual Fee
    $599
  • Additional card fee
    $199
  • Foreign currency conversion fee
    2.5%
  • Purchase Rate
    21.99%
  • Cash advance rate
    21.99%

Terms & Conditions

Card Features

New cardholders of the American Express® Aeroplan®* Reserve Card can earn up to 85,000 Aeroplan points

    • Earn 60,000 points after spending $7,500 on your Card within your first 3 months of Cardmembership
    • Plus, earn an additional 25,000 Aeroplan points when you spend $2,500 in the 13th month
    • Earn up to $4,400 in value within your first 13 months. When you combine the welcome bonus offer of up to $1,700 in value with your earning potential from normal and accelerated spending categories offering approximately $1,760 and the $1,000 in value you get with exceptional benefits, you can earn up to $4,400 or more in value within your first 13 months. Terms and usage assumptions apply.

Card features

  • Cardmembers can now get an extra night free for every 3 hotel nights redeemed with Aeroplan points. Enjoy even more at over 300,000 hotel properties worldwide
  • Highest Air Canada earn rate on an Aeroplan payment card in Canada: Earn 3X the points on eligible purchases made directly with Air Canada®* and Air Canada Vacations®*
  • Standard Earn Rate: Earn 2X the points on eligible Dining and Food Delivery purchases in Canada and earn 1.25X the points on everything else
  • Get through the airport quicker with Air Canada Priority Check-In, Air Canada Priority Boarding and Air Canada Priority Baggage Handling
  • Enjoy access to select Air Canada Maple Leaf Lounges™* and Air Canada Café in North America for you and a guest, with a same day ticket on a departing Air Canada®* or Star Alliance®* flight
  • Enjoy your eligible first checked bag free for up to 9 people travelling on the same reservation on Air Canada flights
  • Get a 10% Head Start. Starting in 2027, eligible Basic Cardmembers with Aeroplan EliteTM* Status will receive a 10% head start toward qualification, based on Status Qualifying Credits (SQC) accumulated the year before. Roll over any unallocated unused eUpgrade Credits to the following year to enjoy during your travels
  • Get access with your American Express® Aeroplan®* Reserve Card to more than 1,200 Priority Pass airport lounges That means an oasis of comfort before your flight—regardless of your choice of airline or cabin class
  • Receive up to $100 CAD in statement credits every four years when a NEXUS application or renewal fee is charged to your American Express Aeroplan Reserve Card
  • Receive one Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your Card anniversary date; your Pass entitles you to buy an accompanying Air Canada economy class ticket for a companion at a fixed base fare from $99 to a maximum of $599 CAD (plus taxes, fees, charges, and surcharges)
  • Amex ExperiencesTM opens doors for you to access a number of special events, including special dining experiences, VIP parties, advance film screenings and more
  • Get more from your travel experience at Toronto Pearson International Airport with:
    • Access to Pearson Priority Security Lane
    • Complimentary valet service at the Express Park and Daily Park
    • 15% discount on parking rates at the Express Park and Daily Park
    • 15% discount on Auto Care services
  • American Express® Aeroplan®* Reserve Card is made from precision cut and engraved 13 g metal – it’s the perfect companion on your next exceptional journey
  • Insurance Coverage: whether you’re shopping nearby or travelling abroad, you can feel confident knowing you can be taken care of

Apply with confidence!

  • See if you’ll be approved before you apply – with no impact to your credit score.*
  • When applying for a new card, businesses will typically run a “hard check” of your credit report. A hard credit check can cause a temporary impact to your credit score.
  • Unlike many lenders, for American Express’ personal cards, you can see if you will be approved before you apply without impacting your credit score
  • A soft credit check is a check into your credit report initiated either by you or a company even if you didn’t apply for credit. It is primarily used to screen for pre-approval financing offers or for a background check
  • Available for American Express personal cards, we’ll let you know your eligibility with no impact to your credit score, so you can submit your application with confidence.*

*Instant decisions are only available for Consumer (also known as Personal) Card applications.

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FAQ

Where can I use the American Express® Aeroplan®* Reserve Card in Quebec or Canada?

You can use your American Express® Aeroplan®* Reserve Card at grocery stores like Métro, Super C, Safeway, Whole Foods, your Couche-tard or 7Eleven convenience store, your favourite gas station like Esso, Shell, Petro-Canada or any travel provider!

How many points can I earn with my purchases at American Express® Aeroplan®* Reserve Card?

You can earn 1 point per dollar on all your purchases with American Express® Aeroplan®* Reserve Card—and 2 points for restaurant purchases and 3 points with Air Canada.

What credit options are available with American Express® Aeroplan®* Reserve Card?

The Card offers up to $100 CAD in Statement credits every four years towards NEXUS program enrolment or renewal fees.

How are Aeroplan points earned at American Express® Aeroplan®* Reserve Card?

You earn 3 times points on Air Canada and Air Canada Vacations purchases, 2 times points on meal and food delivery purchases and 1.25 times points on all other purchases.

What are the travel benefits associated with American Express® Aeroplan®* Reserve Card?

The Card offers benefits such as priority check-in, boarding and baggage handling with Air Canada, an Annual Companion Pass, access to select Air Canada Maple LeafTM* Lounges and Air CanadaTM Cafés, and more.

What’s more, this card will speed up your qualification for a Aeroplan status.

How does the Annual Companion Pass work with American Express® Aeroplan®* Reserve Card?

You’ll receive an Annual Companion Pass – World after making $25,000 in net purchases before your membership anniversary date, allowing you to purchase a companion ticket in economy class on Air Canada at a fixed base fare between $99 and $599.

You will receive your annual companion pass a few weeks after the anniversary date of your membership.

Does American Express® Aeroplan®* Reserve Card offer benefits at Toronto Pearson International Airport?

Yes, it offers benefits such as access to Pearson Priority* security screening, free valet parking, and discounts on parking and Auto Care services at Toronto Pearson International Airport.

How can I use the Aeroplan points I've accumulated with American Express® Aeroplan®* Reserve Card?

Points Aeroplan can be used for flights, upgrades, hotels, car rentals, travel experiences, and more, through the Aeroplan loyalty program.

Does American Express® Aeroplan®* Reserve Card offer travel insurance?

Yes, the American Express® Aeroplan®* Reserve Card offers various travel insurances. Please check the terms and conditions for full insurance details.

Does American Express® Aeroplan®* Reserve Card offer any special experiences?

Yes, thanks to American Express Experiences, Cardmembers have access to a variety of special events, including dining experiences, VIP parties, and movie premieres.

Does American Express® Aeroplan®* Reserve Card offer mealtime benefits?

Yes, you earn 2x the points on eligible purchases for dining and food delivery services in Canada.

What material is American Express® Aeroplan®* Reserve Card made of?

The American Express® Aeroplan®* Reserve Card is made of 13 g metal and is precision-cut.

What is Air Canada's stacking rate with American Express® Aeroplan®* Reserve Card?

The Card offers the highest Air Canada earn rate on an Aeroplan payment card in Canada, with 3x the points on eligible purchases made directly with Air Canada and Air Canada Vacations.

What’s more, this card will speed up your qualification for a Aeroplan status.

How does NEXUS membership credit work with American Express® Aeroplan®* Reserve Card?

Cardholders receive up to $100 CAD in Statement credits every four years for NEXUS program enrolment or renewal fees when they charge these fees to their Card.

How can I obtain a American Express® Aeroplan®* Reserve Card (Amex Air Canada)?

You can apply for American Express® Aeroplan®* Reserve Card on the American Express Canada website. Terms and conditions apply and you will need to provide certain information to complete your request.

What are the advantages of airport lounges with American Express® Aeroplan®* Reserve Card?

The Card offers cardholder access to over 1,200 Priority Pass airport lounges worldwide, as well as selected Air Canada Maple LeafTM* lounges and Air CanadaTM Cafés in North America.

What are the loyalty benefits of American Express® Aeroplan®* Reserve Card (Amex Aeroplan Reserve)?

Cardholders can take advantage of loyalty programs from many leading hotel and car rental companies, including Marriott International, Hilton Hotels & Resorts, Hertz, and Review.

This card allows you to accelerate your qualification for a Aeroplan status.

Does American Express® Aeroplan®* Reserve Card offer any baggage benefits with Air Canada, such as free baggage?

Yes, the Cardmember and up to eight companions travelling on the same reservation can receive a first eligible checked bag free of charge when flying with Air Canada.

Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Milesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 American Express Canada. All trademarks are property of their respective owners.