The American Express® Aeroplan®* Reserve Card
AMERICAN EXPRESSTravel points & miles
The American Express® Aeroplan®* Reserve Card
8.5Canada Cards ScoreExcellentWelcome bonus
~$2310
Earn up to 110,000 Aeroplan points
Why get this card
- ✓Big welcome bonus worth ~$2310
- ✓Bonus covers 3× the annual fee
- ✓Earn 3x on air canada purchases
Pros
- +Big welcome bonus worth about $2310
- +Strong 3x earn on air canada purchases
Cons
- -Steep $599 annual fee
- -High 21.99% purchase interest rate
Earn rates
- Air Canada purchases3x
3X Aeroplan points per $1
- Dining & food delivery2x
2X Aeroplan points per $1
- Everything else1.25x
1.25X Aeroplan points per $1
Welcome offer
Earn up to 110,000 Aeroplan points
- Est. cash value
- ~$2310
- Bonus points
- 110,000
- Minimum spend
- $7,500
- Spend window
- 90 days
- Offer ends
- —
Earn 70,000 points after spending $7,500 in the first 3 months, plus an additional 40,000 points after spending a total of $45,000 in the first 12 months of Cardmembership.
Is this a record high? See the bonus history →Fees
- Annual fee
- $599
- Additional card
- $199
- Foreign transaction fee
- —
$199 annual fee for each Additional Aeroplan Reserve Card; no annual fee for each Additional Aeroplan Reserve no-fee Card
Interest rates
- Purchase APR
- 21.99%
- Cash advance APR
- 21.99%
- Balance transfer APR
- —
- Grace period
- —
- Rate effective date
- —
Benefits & insurance
- Lounge access
- Air Canada Maple Leaf Lounge
- Insurance coverages
- 1
- Travel insurance coverage
Redemption & eligibility
- Reward currency
- Aeroplan points
- Redemption options
- Air Canada flights, Aeroplan rewards
- Transfer partners
- Aeroplan
- Min. personal income
- —
- Min. household income
- —
How we scored it
8.5Excellent- Everyday earn rateWeight 30
3x on Air Canada purchases (≈6.3¢/$)
- Welcome valueWeight 25
~$2310 estimated
- Annual-fee valueWeight 20
$599 annual fee
- Benefits depthWeight 15
1 insurance coverages
- Interest costWeight 10
21.99% purchase APR
Our editorial rating, computed only from sourced figures. See the full methodology.
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Learn before you apply
Frequently asked
- Is the The American Express® Aeroplan®* Reserve Card worth it?
- It carries a $599 annual fee and a welcome offer worth about $2310, for an estimated first-year value of +$1711. Big welcome bonus worth ~$2310. Compare it against similar cards below before deciding.
- What is the annual fee and interest rate on the The American Express® Aeroplan®* Reserve Card?
- The annual fee is $599. The purchase interest rate is 21.99% and the cash advance rate is 21.99%. These are sourced from American Express's official page.
- What rewards does the The American Express® Aeroplan®* Reserve Card earn?
- It earns up to 3x on air canada purchases, in Aeroplan points. See the full earn-rate breakdown above.
More ways to compare
Official sources
Every figure on this page comes from American Express's own pages. Last checked 2026-06-13.
Cited, never sponsored
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