Independent ClearFin review · American Express
Full earn rates, fees and benefits for the Amex Aeroplan Reserve.
Offers can change without notice
Certificate terms apply
✈️ Aeroplan EliteA premium Air Canada card for frequent flyers who can use lounge access, checked-bag savings, Aeroplan benefits, and broad insurance. The expired July 2026 offer is intentionally not presented as current. Its strongest published earn rate in our data is 2.0% on dining. The $599 annual fee should be weighed against the rewards and benefits you expect to use.
Checked 2026-08-09 · Product page and insurance certificateIssuer promotions change frequently. Check the card's official page before applying.
Confirm final approval criteria and current rates directly with the issuer.
Applicants typically have the strongest approval odds with a good to excellent credit profile.
ClearFin estimate on Canada's 300–900 scale. This is not an issuer cutoff or approval guarantee; lenders may use different bureau scores and underwriting criteria. This is an estimated approval range based on industry data and cardholder reports. American Express does not publish a minimum credit score requirement, and approval decisions consider additional factors such as income, credit history, existing debt, and payment history.
Earning capNo published spending cap.
Earning capNo published spending cap.
Earning capNo published spending cap.
Redemption values and availability may vary by option and can change.
Redeem Aeroplan points for eligible Air Canada and partner-airline flights; required points vary by itinerary and demand.
Use eligible points for hotels, car rentals, merchandise, gift cards, and other Aeroplan options; values vary.
Combine the card with Aeroplan status and Air Canada benefits where eligibility requirements are met.
Consider these extras by the value they add to purchases and experiences you already use.
Maple Leaf Lounge access
Access eligible Maple Leaf Lounges in North America and the Air Canada Café for the cardmember and one guest with a same-day eligible itinerary.
Free first checked bag
The cardmember and up to eight companions on the same reservation can receive a free first checked bag on eligible Air Canada travel.
$100 NEXUS credit
Receive up to $100 in statement credits for an eligible NEXUS application or renewal fee every four years.
Annual companion benefit
An eligible companion pass can be earned after $25,000 in net purchases during the Cardmembership year, subject to Aeroplan terms.
7 coverages listed. Key terms are summarized below; full certificate terms apply.
Out-of-province/country emergency medical coverage for eligible travellers under age 65.
Coverage for eligible prepaid travel arrangements when a covered reason applies.
Included coverage for eligible delays after the certificate's waiting period.
Coverage applies to eligible travel losses when payment requirements are met.
Coverage for eligible rental vehicles, subject to vehicle, rental-length, and payment rules.
Up to $500,000 for an eligible common-carrier accident.
Eligible purchases receive short-term loss/damage protection and a possible warranty extension.
Coverage is subject to eligibility, exclusions, limits, payment requirements, and claim rules in the insurance certificate.
Review official insurance details ↗What we like
Worth noting
A practical reading of where the card earns, what the fee buys, and which limits matter.
A premium Air Canada card for frequent flyers who can use lounge access, checked-bag savings, Aeroplan benefits, and broad insurance. The expired July 2026 offer is intentionally not presented as current.
Dining receive the strongest estimated return at 2.0%. Purchases outside the accelerated categories earn an estimated 1.3%.
Using the strongest estimated category return alone, roughly $29,950 in annual spending at that rate would equal the $599 fee before considering the value of insurance, partner benefits, or a welcome offer.
This card is most relevant for someone who spends consistently on dining and groceries and can use enough of the included value to justify the yearly cost.
Compare the purchase interest rate, foreign-transaction fee, approval requirements, reward limits, and insurance certificates. Pay particular attention to merchant-category rules because a store may not receive the reward rate its products appear to suggest.
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money. Card facts were checked against the issuer's official source. Card terms and the linked insurance certificate were checked against official issuer material.
