American Express · American Express · Aeroplan
Reviewed 2026-07-05 · By The Points Standard editorial team
Amex Aeroplan Reserve Card
The premium Aeroplan card with the largest bonuses in the program. Elevated offers make the first year exceptional; ongoing value depends entirely on AC loyalty.
Standard Score breakdown — Excellent
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 7.65/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | $599 |
| Welcome bonus | Up to 150,000 Aeroplan points (70,000 on $7.5K/3 mo + 40,000 on $45K in the first year + 40,000 in months 15-17) — offer ends July 28, 2026 |
| Est. bonus value | ≈ $3,150 |
| First-year net value | ≈ $1,710 |
Earn rates
| Air Canada and Air Canada Vacations | 3x |
| Dining and food delivery | 2x |
| Everything else | 1.25x |
Why it earns its score
- Maple Leaf Lounge access when flying Air Canada
- Priority check-in, boarding, and free first checked bag on AC
- $100 NEXUS credit and annual Uber One membership
Where it loses points
- $599 fee only makes sense for regular Air Canada flyers
- Amex acceptance gaps on everyday spend
Who it's for
Frequent Air Canada flyers who want lounge access and the biggest Aeroplan welcome bonuses.
Who should skip it
You fly AC a few times a year or less — the TD Aeroplan Visa Infinite covers the basics for a quarter of the fee.
Included insurance
Travel medical · Trip cancellation/interruption · Flight/baggage delay · Rental car coverage
Source: issuer card page · Last reviewed 2026-07-05. Details change often — confirm current terms with the issuer before applying.