TravelRewardsAmerican Express

American Express Aeroplan Reserve Card

American Express

The ultimate card for Air Canada loyalists with Maple Leaf Lounge access for two and premium travel benefits. Fee increases to $799 on Jan 12, 2027.

The American Express Aeroplan Reserve Card is a American Express American Express card with a $599 annual fee. It earns 3 Aeroplan points per $1 on Eligible Air Canada & Air Canada Vacations. Listed welcome offer value: Up to 85,000 Aeroplan points.

Last updated October 8, 2026Source: issuer page

Key facts

Annual fee: $599
Purchase interest rate: 21.99%
Cash advance rate: 21.99%
Earn rates: 3 Aeroplan points per $1 on Eligible Air Canada & Air Canada Vacations; 2 Aeroplan points per $1 on Dining & food delivery (Canada); 2 Aeroplan points per $1 on Eligible Hyatt hotels/resorts; 1.25 Aeroplan points per $1 on All other purchases
Welcome offer: Up to 85,000 Aeroplan points
Foreign transaction fee: Not listed
Income requirement: Not listed

How this score is calculated

Formula

Net annual value(50%)0.0
Welcome bonus(15%)5.0
Foreign transaction fee(10%, dropped)—
Insurance & perks(15%)2.5
Purchase interest rate(10%)2.5

What are the fees and rates?

Verified 2026-10-08

Annual Fee

$599

Additional card: $199

Purchase Interest Rate

21.99%

Cash advance: 21.99%

Foreign Transaction Fee

Not listed

What rewards does this card earn?

The American Express Aeroplan Reserve Card earns 3 Aeroplan points per $1 on Eligible Air Canada & Air Canada Vacations.

Eligible Air Canada & Air Canada Vacations

3 Aeroplan points per $1

Dining & food delivery (Canada)

2 Aeroplan points per $1

Eligible Hyatt hotels/resorts

2 Aeroplan points per $1

All other purchases

1.25 Aeroplan points per $1

Is there a welcome offer?

Yes. The listed welcome offer value is Up to 85,000 Aeroplan points.

Up to 85,000 Aeroplan points: 60,000 with $7,500 net purchases in 3 months, plus 25,000 in month 13 with $2,500 net purchases

Value: Up to 85,000 Aeroplan points

Not available to current or former cardmembers. Offer subject to change.

Pros

Maple Leaf Lounge access for you + guest
Massive 85,000 point welcome bonus potential
Annual Worldwide Companion Pass
Priority Pass membership included

Cons

$599 annual fee (rises to $799 on Jan 12, 2027)
Best value for frequent Air Canada flyers
Amex acceptance limited

What perks are included?

Maple Leaf Lounge access for you + a guest
Annual Worldwide Companion Pass
Priority check-in, boarding + free first checked bag
Priority Pass membership
4th night free on hotel redemptions with Aeroplan points
Note: Fee increases to $799 on Jan 12, 2027 (additional card $249, no-fee companion card becomes $25)

What insurance is included?

Travel Insurance – Travel & shopping coverage included

Trip Cancellation

Trip Interruption

Baggage Insurance

Frequently asked questions

What is the annual fee on the American Express Aeroplan Reserve Card?

The American Express Aeroplan Reserve Card has a $599 annual fee.

What rewards does the American Express Aeroplan Reserve Card earn?

3 Aeroplan points per $1 on Eligible Air Canada & Air Canada Vacations; 2 Aeroplan points per $1 on Dining & food delivery (Canada); 2 Aeroplan points per $1 on Eligible Hyatt hotels/resorts; 1.25 Aeroplan points per $1 on All other purchases

What is the purchase interest rate on the American Express Aeroplan Reserve Card?

The purchase interest rate is 21.99%. The cash advance rate is 21.99%.

Is there a welcome offer on the American Express Aeroplan Reserve Card?

Up to 85,000 Aeroplan points: 60,000 with $7,500 net purchases in 3 months, plus 25,000 in month 13 with $2,500 net purchases Listed value: Up to 85,000 Aeroplan points.

Last updated October 8, 2026Source: issuer page

Annual Fee

$599

Apply Now

On American Express's secure website