American Express® Aeroplan®* Business Reserve Card
Card highlights
Welcome bonus
Anniversary bonus
Annual fee
Ratehub’s review
Natasha Macmillan
This card is a solid choice for businesses with a number of employees who frequently travel. There are an array of travel perks including insurance and airport lounge access. If you prefer not to book through Air Canada, or travel isn’t a major component of your business, the annual fee may not be worth it.
Pros:
- High everyday earn rate: The base earn rate of 1.25 points per dollar on purchases is relatively speaking, quite high. Plus, you’ll be rewarded generously for hotels and car rentals, so if your employees travel a lot, this could be a solid choice
- Generous insurance coverage: Cardholders will be covered for a high level of emergency medical insurance, travel accident insurance, and various types of trip delay and theft insurance. Plus, your business will be covered with employee misuse protection up to $100,000 per cardholder
Cons:
- Steep annual fee: The $599 annual fee is steep, and for such a pricey card it is missing some key perks like complimentary international lounge access (the card offers complimentary access in North America, and you will be charged an entrance fee at other lounges using Priority Pass)
- Earnings may be limited if you don’t fly Air Canada: Your highest earnings come from Air Canada bookings, so if your company prefers to fly using other airlines, this card may not be the right fit for your business
Rewards & bonuses
See what you could earn based on how you spend.
Welcome bonus
Earn up to $1,300.
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.
Anniversary bonus
Earn up to 25,000 points (a $500 value).
Earn 25,000 Aeroplan points when you spend $3,500 in month 13.
Earn rates
Caps apply where shown. Rewards are earned on eligible purchases only, see the card’s terms for full details. 50 points = $1.
Your earning potential
First year reward
Based on spending $2,200/mo after $599 annual fee
Second year reward
Based on spending $2,200/mo after $599 annual fee
These numbers are based on estimations and the calculation breakdown below.
Adjust your spending
First year reward†
- If you spend $2,200/month, you’ll earn
- Welcome bonusnot met
- Annual fee
- First year reward
Second year reward†
- If you spend $2,200/month, you’ll earn
- Anniversary bonusnot met
- Annual fee
- Second year reward
† Estimate calculated by Ratehub.ca and is based on current offers and a monthly spend of $2,200. It is for illustrative purposes only.
Perks & insurance
Perks and insurance coverage included with the card.
| Perks | Details | |
|---|---|---|
| Lounge access | Included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Extended warranty | Included | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
| Insurance | Details | |
|---|---|---|
| Travel accident insurance | Included | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Included | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | Included | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Included | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Included | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Included | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Included | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
Details & eligibility
Fees
- Annual fee
- $599
Rates
- Purchase interest
- 21.99%
- Balance transfer rate
- N/A
- Cash advance rate
- 21.99%
Type
- Provider
- American Express
- Card type
- Travel
- Payment network
- American Express
Eligibility
- Minimum personal income
- N/A
- Minimum household income
- N/A
- Minimum credit score
- 725+