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American Express Aeroplan Reserve Card

American Express Aeroplan Reserve Card

Amex's top Aeroplan card.

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Where to Sign Up

Great Canadian Rebates and FinlyWealth pay you extra cash back on top of the card's own rewards.

These are referral links. I may earn a bonus if you sign up, at no cost to you.

Key Facts

Annual fee
$599 ($799 from Jan 12, 2027)
Air Canada
3x points
Dining and food delivery
2x points
Everything else
1.25x points

Facts checked November 2026. Rates and fees can change.

The Amex Aeroplan Reserve in Short

The American Express Aeroplan Reserve Card costs $599 a year, going up to $799 on January 12, 2027. It earns 3 Aeroplan points per $1 at Air Canada, 2 on dining and food delivery, and 1.25 on everything else.

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Questions

Does the American Express Aeroplan Reserve Card have an annual fee?

Yes. Annual fee: $599 ($799 from Jan 12, 2027).

Can I use the American Express Aeroplan Reserve Card at Costco?

Not in Costco warehouses. Costco in Canada only takes Mastercard (and debit), and this is an Amex.

How do I get extra cash back when I apply for the American Express Aeroplan Reserve Card?

Apply through Great Canadian Rebates or FinlyWealth. They pay you a cash rebate when you're approved, on top of the welcome offer from the bank.

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