American Express Aeroplan Reserve Card

Relevant if: you use the Aeroplan program and its documented categories.

Less suitable if: you do not recover at least $599 in value to offset the annual fee.

Estimate with my spending

Futello estimate

Net value, first year

$601.00

The bonus in dollars, minus the fees to earn it.

Fee: $599 a year, from year one (no rebate confirmed)

Offer verified on November 5, 2026

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View calculation details

Offer (first 12 months): $1,200.00
− First-year fees: $599.00
= First-year net value: $601.00

For a spending profile of $36,000 a year

The offer plus the card’s rewards on this profile. The net value above counts the offer only.

Rewards net of annual fees (balanced scenario): $126.63
+ Offer (first 12 months): $1,200
= Estimate for this profile, offer included: $1,326.63

Basket breakdown · Balanced reference scenario

Value calculated with a balanced spending basket of $36,000 per year.

Everyday purchases$11,250
Groceries$11,250
Restaurants$4,500
Gas / charging$4,500
Pre-authorized payments$4,500

The whole selected basket goes on this card, per the certified balanced scenario. Fees counted once; first-year rebate only when the published offer confirms it; rewards on required spending never counted twice.

Welcome offer

Current offer

Welcome bonus: Up to 85,000 points Aeroplan
Conditions: 2 tiers, up to $10,000 in spending within 13 months

See the tier-by-tier detail

60,000 bonus points Spend $7,500 within 3 months

25,000 bonus points Spend $2,500 within 13 months
End date: End date not published
Offer quality: Good Futello rating grid
Last verified: Verified today

Offer improved — August 26, 2026

Email me if this offer changes

Offer history: too short to compare

September 13, 2026 85,000 points $10,000 in spending within 13 months current offer

Facts from the issuer’s official site and Futello’s verified history. How offers are evaluated

Rewards

Category	Reward	Conditions
on air canada	3 points per dollar	Cap not documented
Air Canada purchases	3 points per dollar	No published cap
Restaurants	2 points per dollar	No published cap
Other purchases	1.25 points per dollar	No published cap

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Sources and uncertainties

Unconfirmed information remains distinct from an absence. Always review current terms with the issuer.

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