American Express® Aeroplan® Business Reserve Card review

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Advertiser Disclosure

Interest Rate: Purchases
16.99%
Balance Transfer
-
Rewards
1 - 3 points
Signup Bonus
-


Am I eligible?


American Express® Aeroplan® Business Reserve Card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

Details


Interest Rates
Regular APR Interest Rate 16.99%


Balance Transfer Interest Rate

No interest charges because you pay your balance in full each month

Cash Advance Interest Rate 21.99%


Rates & Fees
Annual Fee $599.00
Balance Transfer Fee
Cash Advance Fee 3%

Minimum of $0.75

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $0.00
Late Payment Fee $0.00
Promotions
Sign up bonus No
Rewards
All Purchases 1 point per $1 spent
Restaurants 2 points per $1 spent

On eligible dining and food delivery purchases in Canada

Gas No
Groceries No
Hotels No
Travel 3 points per $1 spent

On eligible purchases made directly with Air Canada and Air Canada Vacations

Pharmacy No
Bills No
Additional Details
  • Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $5,000 in eligible net purchases charged to your Card.
  • Receive one Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your Card anniversary date.
Features & Benefits
Additional Card Holders Yes
  • $199 for each additional Aeroplan® Business Reserve Card to share some of your benefits and earn Aeroplan points faster
  • $0 for each additional Aeroplan® Business Reserve No Fee Card Card to earn points faster
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits
  • Enjoy access to select Air Canada Maple Leaf Lounges and Air Canada Cafes in North America
  • Priority Airport Check-In, Priority Boarding, and Priority Baggage Handling when you fly with Air Canada
  • Get prioritized on the standby waitlist for an Air Canada flight and higher priority when you request an eUpgrade
  • Free First Checked Bag
  • Expedited Security Lane
  • Get complimentary valet service at the Express Park and Daily Park at Toronto Pearson International Airport
  • Get 15% off parking rates at the Express Park and Daily Park at Toronto Pearson International Airport
  • Get 15% off Car Care Services at Toronto Pearson International Airport
  • Reach Elite Status Faster
  • Trip Cancellation Insurance
  • Trip Interruption Insurance
  • Flight Delay Insurance
  • Baggage Delay Insurance
  • Lost or Stolen Baggage Insurance
  • Hotel Burglary Insurance
  • Employee Card Misuse Protection
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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