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.

Annual fee: $599
Reward type: Aeroplan
Welcome offer: Confirmed offer
First-year estimate: $905.69

Data verified on September 7, 2026

Estimate with my spending

Futello estimate

Estimated net value — first year

$905.69

Annual fee thereafter: $599
First-year fee: $599 — no fee waiver confirmed for the current offer

View the official page

View calculation details

This estimate combines the card’s ongoing value in a balanced scenario with the portion of its welcome offer earned during the first 12 months.

Ongoing net value in the scenario: $5.69
Recurring annual fee already deducted: $599
Welcome-offer value earned during the first 12 months: $900
First-year fee: $599 — no fee waiver confirmed for the current offer

Balanced reference scenario

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

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

The total amount matches the selected level and is applied entirely to this card. Rewards are projected from the certified balanced scenario; fees are never multiplied. A first-year fee rebate is applied only when confirmed in the published offer. Ordinary rewards on required spending are not counted twice.

First year

Welcome offer

Current offer · not enough history to compare
Offer quality: Fair Futello rating grid
Offer changed recently

Welcome bonus: 85,000 points Aeroplan
Requirements: $10,000 in spending within 4 months · 2 tiers
Estimated value: $900 first 12 months, per the valuation published by Futello
Last verified: August 27, 2026 · Verified 25 days ago

Offer improved — August 27, 2026

Historical context

Futello does not yet have enough verified history to compare this offer.

Facts come from the data published by Futello (official issuer source, verified history). The page does not estimate anything on its own. Are credit-card welcome bonuses worth it? · How offers are evaluated

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Earning

Rewards

Category	Reward	Conditions
Air Canada purchases	3 points per dollar	No published cap
Other purchases	1.25 points per dollar	No published cap
Restaurants	2 points per dollar	No published cap

Fees and eligibility

Annual fee thereafter: $599
Additional card: $199
Published minimum income: Not documented
Availability in Quebec: Available

Geographic eligibility never guarantees approval.

Benefits

4th night freeConfirmed
Air Canada airport benefitsConfirmed
Complimentary checked bagConfirmed
NEXUS application fee creditConfirmed

Insurance

Lost or stolen baggage insurance Not documented

Conditions

Lost or Stolen Baggage Insurance
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Baggage delay insurance Not documented

Conditions

Baggage Delay Insurance
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Rental car collision and loss damage insurance Not documented

Conditions

Car Rental Theft and Damage Insurance
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Extended warranty Not documented

Conditions

Buyer's Assurance Protection Plan
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View 5 more coverages

Flight delay insurance Not documented

Conditions

Flight Delay Insurance
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Emergency travel medical insurance Not documented

Conditions

Out of Province/Country Emergency Medical Insurance (For under age 65)
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Purchase protection Not documented

Conditions

Purchase Protection Plan
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Travel accident insurance Not documented

Conditions

Travel Accident Insurance
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Trip interruption insurance Not documented

Conditions

Included coverage; detailed conditions remain in the official certificate.
View source

Go further

Evergreen guides with no numbers that go stale, and the full Futello methodology.

Sources and uncertainties

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

View source