American Express® Aeroplan®* Reserve Card

Flytrippers opinion: A great offer on a card with many travel benefits for Air Canada travelers, including unlimited AC lounge access.
Flytrippers Valuation
of Welcome bonus (net value)

via Amex secure application link
≈ $ 442

Rewards: ≈ $1041

Card fee: $599

Card eligibility
no minimum income
required

Welcome bonus eligibility
must not have had
this specific card
ever before
Aeroplan points (more lucrative)
Bonus: 60k pts (OR 85k pts with full bonus)
Earn on min. spend: 9.38k pts (total: 69.38k pts)

• ≈ $1457 to UNLIMITED for premium flights
• ≈ $1041 to ≈ $1457 for specific economy flights
• ≈ $763 for any flight
on Air Canada
How to unlock bonus
spend $7,500
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.

Flytrippers award won

Summary of Flytrippers' review

WHY GET THIS CARD

  • Good welcome bonus of ≈ $442
  • 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

WHO SHOULD GET THIS CARD

  • Those who want free access to Air Canada Maple Leaf Lounges
  • Those who fly Air Canada often
  • Those who want to maximize Aeroplan points

Card details

Welcome bonus structure (2 separate bonuses)

60,000 points Bonus after spending $7,500 (in a maximum of 3 months)
*25,000 points Bonus after renewing and spending $2,500 in month 13
*NOT INCLUDED IN OUR FLYTRIPPERS VALUATION

60,000 points Total with the main part of the bonus
*85,000 points Total with the 2 parts of the bonus
*NOT INCLUDED IN OUR FLYTRIPPERS VALUATION

Earn on the minimum spending requirement

9,375 points Minimum earn on the minimum spending requirement of $7,500 (at the base earn rate of 1.25 pts/$)
*3,125 points Minimum earn on the minimum spending requirement of $2,500 more for the renewal bonus (at the base earn rate of 1.25 pts/$)
*NOT INCLUDED IN OUR FLYTRIPPERS VALUATION

Total rewards by unlocking the welcome bonus

69,375 points Main part of the welcome bonus + earn on the minimum spending requirement to unlock it
*97,500 points Total welcome bonus + earn on the minimum spending requirement to unlock it
*NOT INCLUDED IN OUR FLYTRIPPERS VALUATION

Apply for the American Express Aeroplan Reserve Card

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

≈ $900 Welcome bonus (60,000 pts)
≈ $141 Earn on the min. spend (9,375 pts)
–$599 Card fee (deducted from Valuation)

≈ $442 Total net value by unlocking the welcome bonus alone

Learn more our Flytrippers Valuation of welcome bonuses

Effective return rate

≈ 5.9% Return on the minimum spending requirement (≈ $442 on $7,500 in 3 months)

‣Learn more about effective return rates (coming soon)

Rewards acquisition summary

≈ $1041 Rewards you get for $599

Apply for the American Express Aeroplan Reserve Card

Rewards from welcome bonus

You will have 69,375 Aeroplan points after unlocking the Welcome Bonus.

That gives you:

  • ≈ $1041 in rewards at the Flytrippers Valuation

Concrete examples of redemptions

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

11 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

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

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

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

≈ $763 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

Earn rates

3 points per $ (≈ 4.5%):

  • Air Canada purchases

2 points per $ (≈ 3%):

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 Air Canada travel benefits / $199 with Air Canada travel benefits
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 in North America for you and 1 guest, but only when flying on Air Canada or a Star Alliance partner airline.

Learn more about Air Canada airport lounge access

$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)

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

Learn more about the Amex Offers 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 (4hrs; $1,000)
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®* Reserve Card’s insurance coverage (coming soon)

Insurance not included

Mobile device insurance

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

Redemptions
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)

Pricing
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)

Expiry
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)

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

Learn more about pooling Aeroplan points (coming soon)

Transfers
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)

Card eligibility
Minimum income: $0
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
Offers 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: Personal card

‣Learn more about credit card types (coming soon)

Fees and rates
Card fee: $599/year
Fee for additional card: $0 without Air Canada travel benefits / $199 with Air Canada 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)

  • New American Express® Aeroplan®* Reserve Cardmembers can earn up to 85,000 Aeroplan points
  • Earn 60,000 Aeroplan points after spending $7,500 in purchases on your Card within the first 3 months
  • Plus, earn an additional 25,000 Aeroplan points when you spend $2,500 in purchases in month 13
  • That’s up to $2,600 or more in value when you combine your welcome bonus points and card benefits
  • New Offer: Cardmembers can now get an extra night free for every 3 consecutive hotel nights redeemed with Aeroplan points. Offer ends December 31, 2024
  • 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
  • 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
  • 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)
  • Enjoy access to select Air Canada Maple Leaf LoungesTM* and Air Canada CaféTM 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
  • Roll over any unallocated Aeroplan EliteTM* Status Qualifying Miles and unused eUpgrade Credits to the following year to enjoy during your travels
  • American Express® Experiences 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 Car Care Services
  • Get access to more than 1,200 Priority PassTM airport lounges and enjoy an oasis of comfort before your flight, regardless of your airline or cabin class
  • Insurance Coverage: whether you’re shopping nearby or travelling abroad, you can feel confident knowing you can be taken care of
  • 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
  • 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

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