American Express
Earn up to 85,000 Aeroplan points, enjoy lounge access, $599 annual fee, 21.99% interest, and exclusive Air Canada travel rewards with priority perks.
The American Express® Aeroplan® Reserve Card packs value for frequent travellers, offering up to 85,000 Aeroplan points as a welcome bonus. This premium card comes with a competitive annual fee of $599 and features an interest rate of 21.99% for purchases and cash advances. Cardholders can unlock airport lounge access, participate in the Air Canada companion pass program, and benefit from accelerated point earning at Air Canada and partner brands. While credit limit specifics depend on individual eligibility, American Express provides a streamlined application process and instant decision service without impacting your credit score.
How to Apply for the American Express® Aeroplan® Reserve Card
- Visit the official American Express Canada website.
- Select the Aeroplan® Reserve Card and initiate the application process.
- Complete the personal and financial information form.
- Get an instant decision; approval does not affect your credit score.
- If approved, review terms and activate your card upon receipt.
Key Advantages
This card is tailored for those who fly often with Air Canada or its partners. You enjoy priority airport services and access to exclusive lounges, ensuring smoother journeys. The robust rewards structure, especially for Air Canada purchases, helps cardholders accumulate points quickly. Additionally, perks like the annual companion pass add high value for families and frequent fliers.
Main Drawbacks
The $599 annual fee is substantial, making it less attractive to budget-conscious consumers or occasional travellers. Furthermore, to maximize the rewards and unlock the highest value, you need to spend primarily with Air Canada and utilize its travel ecosystem. Those who don’t travel often may find it harder to justify the costs.
Verdict
If you travel regularly with Air Canada, the American Express® Aeroplan® Reserve Card delivers outstanding value with top-tier travel perks and significant rewards. However, infrequent travellers or those wary of high annual fees may prefer alternative cards with more basic benefits. Consider your travel habits carefully before applying to ensure this premium offering suits your needs.