American Express® Aeroplan®* Business Reserve Card

Flytrippers opinion: A good offer if you've already had the personal version or can spend more.
Flytrippers Valuation
of Welcome bonus (net value)

via Amex secure application link
≈ $ 573

Rewards: ≈ $1172

Card fee: $599

Card eligibility
no minimum income

Welcome bonus eligibility
must not have had
this specific card
ever before
Aeroplan points (more lucrative)
Bonus: 65k pts (OR 25k pts with full bonus)
Earn on min. spend: 13.13k pts (total: 78.13k pts)

• ≈ $1641 to UNLIMITED for premium flights
• ≈ $1172 to ≈ $1641 for specific economy flights
• ≈ $859 for any flight
on Air Canada
How to unlock bonus
spend $10,500
in 3 months

Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

Summary of Flytrippers' review


  • Good welcome bonus of ≈ $573
  • Very valuable Aeroplan points
  • Unlimited access to Air Canada airport lounges (when flying AC or partners)
  • Many Air Canada travel benefits
  • Excellent travel insurance coverage


  • Those who have already had the Amex Aeroplan Reserve Card
  • Those who want to maximize Aeroplan points
  • Those who can spend more
  • For those who are frequent Air Canada flyers

Card details

Welcome bonus structure (2 separate bonuses)

65,000 points Bonus after spending $10,500 (in a maximum of 3 months)
*25,000 points Bonus after renewing and spending $3,500 in the 13th month

65,000 points Total with the main part of the bonus
*90,000 points Total with the 2 parts of the bonus

Earn on the minimum spending requirement

13,125 points Minimum earn on the minimum spending requirement of $10,500 (at the base earn rate of 1.25 pts/$)
*4,375 points Minimum earn on the minimum spending requirement of $3,500 more for the renewal bonus (at the base earn rate of 1.25 pts/$)

Total rewards by unlocking the welcome bonus

78,125 points Main part of the welcome bonus + earn on the minimum spending requirement to unlock it
*107,500 points Total welcome bonus + earn on the minimum spending requirement to unlock it

Apply for the American Express® Aeroplan®* Business Reserve Card

Flytrippers Valuation of the welcome bonus
(at our Flytrippers Valuation of ≈ 1.5¢/pt)

≈ $975 Welcome bonus (65,000 pts)
≈ $197 Earn on the min. spend (13,125 pts)
–$599 Card fee (deducted from Valuation)

≈ $573 Total net value by unlocking the welcome bonus alone

Learn more our Flytrippers Valuation of welcome bonuses

Effective return rate

≈ 5.5% Return on the minimum spending requirement (≈ $573 on $10,500 in 3 months)

‣Learn more about effective return rates (coming soon)

Rewards acquisition summary

≈ $1172 Rewards you get for $599

Apply for the American Express® Aeroplan®* Business Reserve Card

Rewards from welcome bonus

You will have 78,125 Aeroplan points after unlocking the Welcome Bonus.

That gives you:

  • ≈ $1172 in travel rewards at the Flytrippers Valuation

Concrete examples of redemptions

Here are some of the actual redemptions you can get with these rewards:

13 one-way short-distance reward flights such as Montreal-New York or Montreal-Washington

7 one-way medium-distance reward flights such as Montreal-Miami or Montreal-Nashville

6 one-way longer distance reward flights such as Montreal-Costa Rica or Montreal-Mexico

1 one-way business class reward flight such as Vancouver-Japan or Montreal-Switzerland

9 one-way short-distance reward flights in several regions of the world

≈ $859 discount on Air Canada flights without having to be flexible or having to choose specific flights

Learn more about the best uses of Aeroplan points

Regular earn rates

3 points per $ (≈ 4.5%) on Air Canada purchases
2 points per $ (≈ 3%) on hotels and car rentals
1.25 points per $ (≈ 1.875%) everywhere else

‣Learn more about credit card earn rates (coming soon)

Earning with additional cards

Fee for additional cards: $0 without travel benefits / $199 with travel benefits like airport lounge access
Minimum age: 13 years old

‣Learn more about additional cards (coming soon)

Air Canada Maple Leaf Lounge access
You get unlimited access to ML lounges for you and 1 guest, but only in North America and only when flying on Air Canada or a Star Alliance partner airline.

‣Learn more about Air Canada airport lounge access (coming soon)

$100 NEXUS credit
A credit will appear if you charge a NEXUS fee to your card — and you should really have NEXUS if you don’t already.

‣Learn more about the Amex NEXUS credit (coming soon)

Priority boarding, baggage handling, and check-in
You get to skip many lines.

‣Learn more about the Aeroplan Reserve priority benefits (coming soon)

Preferred pricing for Aeroplan flights on Air Canada
Cardmembers get slightly lower prices when redeeming Aeroplan points for reward flights on Air Canada (not partner airlines).

‣Learn more about Aeroplan preferred pricing (coming soon)

Free checked bag on Air Canada
Cardmembers get the 1st checked bag free on Air Canada flights (as do up to 8 travel buddies on the same booking).

‣Learn more about the free bag benefit (coming soon)

Free Uber Pass membership
You get 12 months of perks with Uber and Uber Eats.

‣Learn more about Uber Pass (coming soon)

Amex Offers program
Access to discounts, credits, and special offers throughout the year.

Learn more about the Aeroplan program

American Express Experiences program
Access to exclusive virtual and in-person experiences and pre-sale tickets to lots of events.

‣Learn more about the American Express Experiences program (coming soon)

The Hotel Collection program
Benefits at top luxury hotels, such as a US$100 credit to use at the hotel and a free room upgrade.

‣Learn more about The Hotel Collection program (coming soon)

Insurance included

Medical travel insurance
Flight delay insurance
Baggage delay/loss insurance
Car rental insurance
Trip cancelation insurance
Trip interruption/delay insurance
Hotel burglary insurance
Purchase protection (90 days, $1,000)
Extended warranty (1 year)

‣Learn more about the American Express® Aeroplan®* Business Reserve Card’s insurance coverage (coming soon)

Insurance not included

Mobile device insurance

‣Learn more about the different types of insurance coverage (coming soon)

Aeroplan points can be used for specific flights to maximize their value (on partner airlines) or for any seat on any flight for to have more flexibilty (on Air Canada).

Learn more about the Aeroplan rewards program (coming soon)

Aeroplan points are variable-value rewards (the value depends on how you use them; our Flytrippers Valuation is ≈ 1.5¢).

Learn more about Aeroplan points (coming soon)

Aeroplan points never expire as long as you have the card. And even if you no longer have the card, you can easily extend the expiration indefinitely.

Learn more about Aeroplan points expiry (coming soon)

If you have travel companions, it’s possible to pool Aeroplan points into a shared account.

Learn more about pooling Aeroplan points (coming soon)

Aeroplan points cannot be transferred.

Learn more about Aeroplan point transfers (coming soon)

Other redemption options
Aeroplan points can be used for rewards other than flights but this should be avoided.

Learn more about why you should always use your rewards for travel (coming soon)

Rewards program logistics
You can use your points directly on the Air Canada website or app.

Learn more about how to get started with Aeroplan rewards (coming soon)

Rewards program summary
Rewards: Air Canada Aeroplan points
Type: Variable-value rewards
Subtype: “Standard” or “Dynamic” Rewards (depending on the airline)
Variety: Airline rewards 
Flytrippers Valuation: ≈ 1.5¢ per point
Minimum value: None
Maximum value: Unlimited
Transferable: No

Learn more about rewards programs basics (coming soon)

asics (coming soon)

Card eligibility
Minimum income: $0
Incorporated business required: No (instructions for applications)
Age: Majority in your province
Estimated credit score: Good or Excellent
Credit bureau: TransUnion

Learn more about credit card eligibility requirements (coming soon)

Welcome bonus eligibility
You must not have had the American Express® Aeroplan®* Reserve Card before

Learn more about credit card welcome bonus eligibility rules (coming soon)

Offer end date
Offer is subject to change at any time

Subscribe to Flytrippers’ free travel rewards newsletter to get all card updates

Card details
Issuer: American Express
Network: American Express
Card Type: Credit card
Product Type: Business card

‣Learn more about credit card types (coming soon)

Fees and rates
Card fee: $599/year
Fee for additional card: $0 without travel benefits / $199 with travel benefits
Foreign transaction fee: 2.5%
Purchases annual interest rate: 21.99%
Purchases annual interest rate (penalty): 25.99% – 28.99% Variable
Funds advances annual interest rate: 21.99%
Balance transfer fee: N/A

Learn more about why Flytrippers recommends ignoring fees and rates (coming soon)

  • Earn up to 90,000 Welcome Bonus Aeroplan®* points
  • Earn 65,000 Aeroplan points after spending $10,500 in purchases on your Card within the first 3 months
  • Plus, earn an additional  25,000 Aeroplan points when you spend $3,500 in purchases in month 13
  • Earn Aeroplan points that you can redeem in a variety of ways.
  • Earn 3 points for every $1 spent on eligible purchases made directly with Air Canada and Air Canada Vacations®*, 2 points for every $1 spent on eligible hotels and car rentals
  • Earn 1.25 points for every $1 spent on everything else.
  • Make the most out of a full suite of business management tools that give you more control over your business – anytime and anywhere.
  • Leverage your cash flow with the option of carrying a balance or paying in full each month
  • Control employee expenses plus track and accumulate points on your account with Employee Cards, so you have an opportunity to maximize the points you earn.
  • Unlock business travel possibilities to make every work trip one to look forward to.
  • Access more than 1,200 Priority Pass™ airport lounges around the globe. That means an oasis of comfort before your flight—regardless of your choice of airline or cabin class
  • Enjoy access to select Air Canada Maple Leaf Lounges™ for you and a guest, and Air Canada Café™; in North America, with a same day ticket on a departing Air Canada or Star Alliance®* flight
  • Enjoy Priority Check-In, Priority Boarding, and Priority Baggage Handling when you fly with Air Canada, together with up to eight companions
  • Enjoy your first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight, together with up to eight companions travelling on the same reservation
  • 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)
  • Stay focused on getting where you need to go. Receive up to $100 CAD in statement credits every four years when NEXUS application or renewal fees are charged to your Aeroplan Business Reserve Card.
  • Pay with your American Express Aeroplan Business Reserve Card and present your Aeroplan Membership Card at over 170 Aeroplan partner brands and 120 online retailers via the Aeroplan eStore to earn points twice
  • If you’re departing from Toronto Pearson International Airport, enjoy the benefits of being an American Express Aeroplan Business Reserve Cardmember. Get more from your travel experience with access to Pearson Priority Security Lane, Complimentary Valet Service, 15% discount on parking rates, and 15% discount on Car Care Services
  • Roll over any unallocated Aeroplan Elite™ Status Qualifying Miles and unused eUpgrade Credits to the following year to enjoy during your travels.
  • Enjoy priority access to the standby list and eUpgrades. Get prioritized on the standby waitlist for an Air Canada flight and higher priority when you request an eUpgrade
  • Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $5,000 in eligible net purchases charged to your Card
  • Book flight reward tickets for even fewer points with Air Canada. In addition to flights, you can also redeem for hotel stays, car rentals, vacation packages, merchandise and more.
  • Unlock two-car-class rental upgrades, expedited service, dedicated phone line, and more with complimentary upgrade to Avis President’s Club
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid
(it will open in a separate tab, or you can click here)

via Amex secure application

*Beta version of card page. Sign up to get updated guide soon.*

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