EducFinancePowered by Milesopedia

Pros & Cons

Pros

  • +Welcome Bonus: 90,000 points
  • +Airport lounge access
  • +Purchase protection included

Cons

  • High annual fee ($599/yr)
  • Foreign Transaction Fee (2.5%)

Our Review

With this welcome offer for the American Express Aeroplan Business Reserve Card, you can earn up to 90,000 Aeroplan points:

  • Earn 65,000 Aeroplan points after making $10,500 in purchases in the first three months.
  • Earn an additional 25,000 Aeroplan points when you spend $3,500 in the 13th month.

With this Card, you earn 3X the points on purchases made directly with Air Canada and Air Canada Vacations. And 2X the points on hotels and car rentals. Everywhere else, you will earn 1.25X the points.

With this Card, you benefit from many Air Canada travel benefits such as access to Maple Leaf lounges in North America for you and one guest, priority check-in, priority boarding and priority baggage handling.

Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.

Like all American Express Canada Cards, there is no minimum income requirement.

Rewards

All Spending

1.25x

Aeroplan pts per dollar

Travel

2x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

¢/ point
Groceries1.25x
$700/month
Gas & EV1.25x
$200/month
Transit1.25x
$100/month
Restaurants1.25x
$300/month
Pharmacy1.25x
$50/month
Travel2x
$150/month
Bills & recurring payments1.25x
$250/month
Telecom1.25x
$150/month
Entertainment & streaming1.25x
$100/month
Office supplies1.25x
$0/month
All other spending1.25x
$500/month

Points Earned

38,850

Aeroplan/yr

Estimated Value

$777

After Fees

+$178

1st Year Value

$178

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 1.25x10,500 pts
Gas & EV$2,400/yr × 1.25x3,000 pts
Transit$1,200/yr × 1.25x1,500 pts
Restaurants$3,600/yr × 1.25x4,500 pts
Pharmacy$600/yr × 1.25x750 pts
Travel$1,800/yr × 2x3,600 pts
Bills & recurring payments$3,000/yr × 1.25x3,750 pts
Telecom$1,800/yr × 1.25x2,250 pts
Entertainment & streaming$1,200/yr × 1.25x1,500 pts
All other spending$6,000/yr × 1.25x7,500 pts
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year1.3x
Average earn rate on spend 1st year with welcome bonus1.3x
Total points earned on spend38,850 pts
Welcome bonus points
  • Earn 90,000 Aeroplan after $10,500 in purchases in 3 months, spend $1,000/mo more
Total points earned38,850 pts
Value of accumulated points$777

Travel Insurance

Travel Medical

Up to $5,000,000 / 15 days

Trip Cancellation

Up to $1,500

Trip Interruption

Up to $1,500

Delayed Baggage

Up to $1,000

Lost Baggage

Up to $1,000

Flight Delay

Up to $1,000

Hotel Burglary

Up to $1,000

Travel Accident

Up to $500,000

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Auto Rental

Up to $85,000 / 48 days

Interest Rates

  • Purchase Rate
    21.99%
  • Cash Advance
    21.99%
  • Foreign Transaction Fee
    2.5%

Perks & Benefits

Airport Lounge

Unlimited

Concierge Service

24/7

Priority Boarding

Included

NEXUS Credit

Terms & Conditions

Card Features

Earn up to 90,000 Welcome Bonus Aeroplan®* points.

  • Earn 65,000 Aeroplan points after spending $10,500 on your Card within the first 3 months as a new American Express Aeroplan®* Business Reserve Cardmember.
  • Plus, earn 25,000 Aeroplan points® when you spend $3,500 in month 13.

Earn Aeroplan points that you can redeem in a variety of ways.

  • You can earn up to $5,600 in value within your first 13 months. When you combine the Welcome Bonus offer of up to $1,800 in value, your earn potential in accelerated and everyday spend earn rate categories with approximately $2,825 in value, and the $1,000 in value you get from exceptional benefits, you can earn up to $5,600 or more in value within your first 13 months. Terms and usage assumptions apply.
  • Earn 3 points for every $1 spent on eligible purchases made directly with Air Canada and Air Canada Vacations®*, 2 points for every $1 spent on eligible hotels and car rentals.
  • Earn 1.25 points for every $1 spent on everything else.

Make the most out of a full suite of business management tools that give you more control over your business – anytime and anywhere.

  • Leverage your cash flow with the option of carrying a balance or paying in full each month
  • Control employee expenses plus track and accumulate points on your account with Employee Cards, so you have an opportunity to maximize the points you earn.

Unlock business travel possibilities to make every work trip one to look forward to.

  • Access more than 1,200 Priority Pass™ airport lounges around the globe. That means an oasis of comfort before your flight—regardless of your choice of airline or cabin class
  • Enjoy access to select Air Canada Maple Leaf Lounges for you and a guest, and Air Canada Café; in North America, with a same day ticket on a departing Air Canada or Star Alliance®* flight
  • Enjoy Priority Check-In, Priority Boarding, and Priority Baggage Handling when you fly with Air Canada, together with up to eight companions
  • Receive one Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your Card anniversary date; your Pass entitles you to buy an accompanying Air Canada economy class ticket for a companion at a fixed base fare from $99 to a maximum of $599 CAD (plus taxes, fees, charges, and surcharges)
  • Stay focused on getting where you need to go. Receive up to $100 CAD in statement credits every four years when NEXUS application or renewal fees are charged to your Aeroplan Business Reserve Card.
  • Pay with your American Express Aeroplan Business Reserve Card and present your Aeroplan Membership Card at over 170 Aeroplan partner brands and 120 online retailers via the Aeroplan eStore to earn points twice
  • If you’re departing from Toronto Pearson International Airport, enjoy the benefits of being an American Express Aeroplan Business Reserve Cardmember. Get more from your travel experience with access to Pearson Priority Security Lane, Complimentary Valet Service, 15% discount on parking rates, and 15% discount on Car Care Services
  • Get a 10% Head Start. Starting in 2027, eligible Basic Cardmembers with Aeroplan Elite™* Status will receive a 10% head start toward qualification, based on Status Qualifying Credits (SQC) accumulated the year before. Roll over any unallocated unused eUpgrade Credits to the following year to enjoy during your travels.
  • Enjoy priority access to the standby list and eUpgrades. Get prioritized on the standby waitlist for an Air Canada flight and higher priority when you request an eUpgrade
  • Get 1,000 Status Qualifying Credits (SQC) for every $5,000 in eligible net purchases charged to your Card, up to 25,000 SQC
  • Book flight reward tickets for even fewer points with Air Canada. In addition to flights, you can also redeem for hotel stays, car rentals, vacation packages, merchandise and more.
  • Unlock two-car-class rental upgrades, expedited service, dedicated phone line, and more with complimentary upgrade to Avis President’s Club

Related Cards

Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. EducFinance may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 American Express Canada. All trademarks are property of their respective owners.