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American Express Canada has (finally!) launched its new Aeroplan credit cards and sign-up offers to help you earn Aeroplan rewards faster.

The new Aeroplan program rolled out November 8th, 2020, launching not only a new system of earning rewards but also a new suite of Aeroplan credit cards. This includes three new American Express® Aeroplan®* credit cards: the American Express® Aeroplan®* Card, American Express® Aeroplan®*Reserve Card, and the American Express® Aeroplan®* Business Reserve Card.

While some details are still forthcoming, here’s what we do know: the cards offer bigger and better perks. For starters, cardholders can earn up to 3X the Aeroplan points on Air Canada purchases, plus accelerated points on everyday spending (like dining out and food delivery services). It also comes with an array of travel and lifestyle benefits. Best of all, you can start earning (and redeeming!) points right away – especially if you take advantage of the welcome offers. Keep reading to learn more.

Wait, What’s Happening with Aeroplan?

In case you missed the memo, the Aeroplan program was overhauled this year. The new Aeroplan program that launched on November 8th is a total overhaul of the previous rewards program. Now you’ll be able to book any seat on any flight (as long as it’s available) with no carrier surcharges. You still have to pay third-party fees, but you can use your Aeroplan Points to cover them. The introduction of dynamic pricing means that you may have to pay more for certain routes, but with no carrier surcharges, this may work out to your advantage, especially if you travel at off-peak times. Read more about the Aeroplan program changes.

What’s Changed with the New American Express® Aeroplan®* Credit Cards?

Under the new Aeroplan program, American Express cardholders have access to some excellent perks. Let’s take a look under the hood:

Welcome Offers

The appealing new welcome offers include anywhere between 15,000 to 65,000 Aeroplan points to jumpstart your earnings and get you closer to redeeming your flight rewards. If you signed up for the waitlist, you can add even more points to that total. Depending on which card you chose, you’ll also get a Buddy Pass or statement credit to sweeten the deal.

Accelerated Earn Rates

With all three cards, you’ll score extra Aeroplan points on eligible purchases, like dining and food delivery, and card purchases made directly with Air Canada®* and Air Canada Vacations®* If you use your American Express® Aeroplan®* credit card, you can often use fewer points to book your flight, allowing you to claim more flight rewards in the long run. You can also redeem your points for hotel stays, car rentals and vacation packages. Even better, if you make purchases through the Aeroplan partner brands and eStore using your American Express® Aeroplan®* Card and Aeroplan Membership Card, you can earn twice the points.

Enhanced Air Canada Benefits

When it comes to Air Canada travel benefits, all three cards offer a free checked bag for yourself and up to eight companions travelling on the same Air Canada reservation. With the American Express® Aeroplan®* Reserve or American Express® Aeroplan®* Business Reserve Card, you (and your group of up to eight) also receive priority check-in, boarding, and baggage handling. With these cards, you’ll also get higher priority on both the standby list and for seat upgrades through eUpgrades, plus the chance to relax in Maple Leaf Lounges and Air Canada Cafés within North America.

After you spend $25,000 on select cards, you can get a Worldwide Companion pass, which allows you to get an accompanying ticket on your Air Canada flight for a fixed base fare ($99-$599) plus taxes, fees and surcharges.

When you charge purchases to your card, you’ll earn Status Qualifying Miles (SQM) and Status Qualifying Segments (SQS) which will help you reach Aeroplan EliteTM* Status more quickly. You can rollover up to 200,000 unused SQMS from one year to the next to help you qualify.

Exclusive Airport Benefits

Select cards offer special benefits at Pearson International Airport, such as access to Air Canada airline lounges, Pearson Priority Security Lane, and a 15% discount on parking and car care services as well as complimentary valet service.

One of the biggest perks that come with select cards is a complimentary membership to Priority PassTM. This airport lounge program grants you access to lounges all over the world, where you can relax, shower and unwind before your journey.

Enhanced Insurance Benefits

Your card comes with a suite of useful travel insurance coverage, such as flight delay, baggage delay, lost/stolen baggage, travel accident, car rental theft/damage, travel emergency assistance, and more. Not to mention the buyer’s assurance and purchase protection plans.

Additional insurance (out of province/country emergency medical, trip cancellation, trip interruption) and higher coverage amounts come with the American Express® Aeroplan®* Reserve and American Express® Aeroplan®* Business Reserve Cards.

Access to Exclusive American Express® Experiences

As with other American Express cards, cardholders also get access to the American Express Experiences, exclusive Amex offers, and Front of the Line perks.

Comparing the New American Express® Aeroplan®* Credit Cards

Credit CardAnnual FeeWelcome OfferEstimated First Year Aeroplan Points Earnings*Read More
The American Express® Aeroplan®* Card$120Earn up to 15,000 Welcome Bonus Aeroplan points and a bonus Buddy Pass48,000*Read More
The American Express® Aeroplan®* Reserve Card$599Earn up to 65,000 Welcome Bonus Aeroplan points and a $100 Statement Credit109,000*

 
Read More
American Express® Aeroplan®* Business Reserve Card$599Earn up to 65,000 Welcome Bonus Aeroplan points and a $100 Statement Credit97,000*

 
Read More
*Based on $12,000 annually spent on food purchases, $5,000 spent annually on travel purchases with Air Canada, and $5,000 on everything else. Includes welcome offer.

The American Express® Aeroplan®* Card

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First up is the American Express® Aeroplan®* Card – a charge card that carries an annual fee of $120. If you balk at paying an annual fee, first consider the potential rewards. For starters, there’s the welcome offer: earn 9,000 Aeroplan points and a bonus Buddy Pass for an eligible round-trip flight within North America after spending $1,500 in purchases within the first three months. Plus, earn 1,000 Aeroplan points for each monthly billing period for the first six months if you make $500 in card purchases – adding up to an additional 6,000 Aeroplan points. The welcome bonus alone is enough for a one-way flight within North American!

For everyday spending, you’ll earn 1.5X the points on eligible dining out and food delivery card purchases, and 1X points on everything else. If you use this card for travel purchases – especially with Air Canada and Air Canada Vacations purchases that’ll net you 2X the points – you’ll be on your way to recouping your fee with travel rewards. For example, if you purchased a round-trip flight from Vancouver to Toronto with your card, it might cost you $432. Since you’re earning 2 points/dollar you’d end up with 864 points. If you took five flights throughout the year and combined your points from eating out, you’d easily hit the minimum 6,000 points necessary for a free flight—more than covering your $120 annual fee.

The card also offers a suite of travel insurance and other travel perks like a free first checked bag for yourself and up to eight friends travelling on the same reservation – either of which would likely cost more than the annual fee of the card.

If qualifying for Elite Status is appealing to you, you earn 1,000 Status Qualifying Miles and one Status Qualifying Segment for every $10,000 spent on your card. Just remember that since this is a charge card and you won’t have a predetermined spending limit, you’ll have to pay your balance in full each month.

The Details:

  • Annual Fee: $120
  • Minimum Income Eligibility Requirement: N/A
  • Credit Score Required: Good to Excellent
  • Welcome Offer: Up to 15,000 points plus a bonus Buddy Pass (for an eligible round-trip flight in North America).
  • Additional Benefits: Comprehensive insurance, Air Canada travel benefits, access to exclusive American Express benefits
  • Interest on Purchases: 30%| Interest on Cash Advances: 30%

Learn more about the American Express® Aeroplan®* Card

The American Express® Aeroplan®* Reserve Card

Apply Now

The American Express® Aeroplan®* Reserve Card carries a hefty $599 annual fee but comes with a host of Air Canada travel benefits. In addition to getting a free first checked bag, you and up to eight companions will get priority Airport check-in, boarding, and baggage handling when flying with Air Canada.

Another nicety with this card? You’ll get prioritized on the standby waitlist for Air Canada flights and eUpgrade requests, and get access to select Air Canada Maple Leaf LoungesTM and Air Canada Cafes throughout North America. If you often fly from Pearson Toronto Pearson International Airport you’re in luck! Your card grants you access to the Pearson Priority Security Lane, complimentary valet service, and 15% off parking rates and car care services.

You’ll also receive one Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your card anniversary date. This premium perk allows you to buy an accompanying Air Canada economy class ticket for a companion at a fixed base fare – ranging between $99 to $599 (plus taxes, fees, charges, and surcharges).

As for earning Aeroplan Points, you’ll earn 3X the points on Air Canada and Air Canada Vacations purchases, 2X the points on dining and food delivery purchases, and 1X the points on everything else. For example, let’s say that in your first year as a cardholder you spent $2,000 on a vacation package to the Caribbean—that would get you 6,000 Aeroplan points, right off the bat. Add four or five short-haul work trips (8,000 points), and then $500 in takeout and restaurant spending (1000 points), and you’ve easily racked up 15,000 points, which could get you a flight to San Francisco from Toronto (12,500-17,500 points). It’s easy to see how the points can quickly add up, especially if you’re a frequent traveller.

The welcome offer is also enticing: earn 35,000 Aeroplan points and $100 Statement Credit after spending $3,000 in purchases within the first three months. Plus, for the first six months, you can earn an extra 5,000 Aeroplan points for each monthly billing period that you make $1,000 in card purchases. That totals 65,000 Aeroplan points, which is enough for a round-trip flight to Europe!

Additionally, you earn 1,000 Status Qualifying Miles and one Status Qualifying Segment for every $5,000 in purchases, which you can roll over to the following year (up to 200,000 SQMs), along with your unused eUpgrade credits.

The Details:

  • Annual Fee: $599
  • Minimum Income Eligibility Requirement: N/A
  • Credit Score Required: N/A
  • Welcome Offer: Earn up to 65,000 Aeroplan points and a $100 Statement Credit
  • Additional Benefits: Comprehensive insurance, access to select Air Canada lounges and Priority Airport services, Annual Worldwide Companion Pass, access to exclusive American Express benefits
  • Interest on Purchases: 19.99%| Interest on Cash Advances: 21.99%

Learn more about the American Express® Aeroplan®* Reserve Card

The American Express® Aeroplan®* Business Reserve Card

Apply Now

The American Express® Aeroplan®* Business Reserve Card has the same perks and $599 annual fee as the American Express® Aeroplan®* Reserve Card. So, you’ll get a package of Air Canada travel benefits – including access to select Air Canada Maple Leaf LoungesTM, priority check-in, boarding and baggage handling, that coveted Annual Worldwide companion pass and priority access Air Canada flights’ standby lists and eUpgrades. Not to mention the access to Pearson airport perks such as access to the Pearson Priority Security Lane, valet parking, and 15% off parking and car care services.

But with this card, you get additional business benefits, such as employee card misuse protection and access to Amex representatives 24/7.  Plus, you can track, sort and separate personal/work expenses with the paperless expense management reports. Furthermore, the earn rate for this card is customized to suit business spending: earn 3 points for every $1 spent with Air Canada and Air Canada Vacations, 2 points for every $1 spent on hotels and car rentals, and 1 point per $1 spent on everything else. So, if you spent $10,000 on flights, $3,000 on hotels and car rentals, and $4,000 on food/entertainment, you’d rack up 30,000, 6,000 and 4,000 points respectively, for a total of 40,000 points. When you add in the welcome bonus of up to 65,000 points, your total climbs above 100,000 points, which will come in very handy when booking future travel or qualifying for elite status.

Travel insurance includes all of the baseline coverage mentioned in the section above, plus out of province/country emergency medical, and trip cancellation/interruption, making this an attractive package indeed.

Your Aeroplan Business Reserve card earns you 1,000 Status Qualifying Miles and one Status Qualifying Segment for every $5,000 spent with your card. You can roll over up to 200,000 Aeroplan Elite Status Qualifying Miles and unused eUpgrade credits to the following year

The Details: 

  • Annual Fee: $599
  • Minimum Income Eligibility: N/A
  • Credit Score Required: N/A
  • Welcome Offer: Earn up to 65,000 Aeroplan points and a $100 Statement Credit
  • Additional Benefits: Comprehensive insurance, access to select Air Canada lounges and Priority Airport services, Annual Worldwide Companion Pass, access to exclusive American Express benefits, employee card misuse protection.
  • Interest on Purchases: 16.99%| Interest on Cash Advances: 21.99%

Learn more about the American Express® Aeroplan®* Reserve Card

The Last Word

The new American Express Aeroplan credit cards can help boost your points-earning potential while allowing you to take advantage of the combined perks of being an American Express cardholder, such as American Express® Experiences, and Aeroplan’s new flight reward system. Of course, if your interest is piqued, you compare the best Aeroplan credit cards and decide for yourself.

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