American Express® Aeroplan®* Card
Card highlights
Welcome bonus
Anniversary bonus
Annual fee
Ratehub’s review
Natasha Macmillan
Aeroplan is a highly valuable travel program, and the American Express Aeroplan card allows you to stretch your rewards points further on flights. Plus, it offers a host of travel benefits like free checked bags and various types of trip or medical insurance. You’ll be generously rewarded for booking through Air Canada, too, if you are loyal to the airline.
Pros
- Aeroplan points are highly valuable: If you are strategic with your flight and hotel bookings, and book with preferred pricing, you can really stretch your rewards points with this program
- Earn Aeroplan Elite status: You’ll earn 1,000 Status Qualifying Miles for every $10,000 spent on the card; and when you move up in status you can unlock several benefits like trip discounts, flight upgrades, lounge access and more
- Trip insurance included: You’ll be covered for trip delays, accidents and theft with this card, so there’s no need to pay out of pocket
Cons
- High purchase interest rate: This is a charge card, so if you aren’t able to pay off your balance in full each month, you’ll be charged a high purchase interest rate of 30%
- Lower earn rate on everyday purchases: For an Aeroplan card, the earn rate on everyday purchases is fairly low
- Limited booking options: With this card you are limited to booking flights and trips through the Aeroplan eStore whereas with other cards like the American Express Cobalt you can experiment with using your rewards to book with other providers
- No travel medical insurance included: For a premium travel card, the lack of travel medical insurance is a definite downside. You’ll have to pay to cover yourself, unless you are already insured for overseas care
Rewards & bonuses
See what you could earn based on how you spend.
Welcome bonus
Earn up to $350.
earn 35,000 Aeroplan points after spending $7,500 in purchases on your Card within the first 6 months.
Anniversary bonus
Earn up to 10,000 points (a $100 value).
earn 10,000 Aeroplan points when you spend $1,000 in purchases 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 $120 annual fee
Second year reward
Based on spending $2,200/mo after $120 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 bonus
- Annual fee
- First year reward
Second year reward†
- If you spend $2,200/month, you’ll earn
- Anniversary bonus
- 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 | Not 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 | Not 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 | Not 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 | Not 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 | Not 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
- $120
Rates
- Purchase interest
- N/A
- Balance transfer rate
- N/A
- Cash advance rate
- N/A
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+