Menu Toggle
Search
  1. Home
  2. Credit Cards
  3. American Express Aeroplan Review 2024: Is It Worth It?
Published January 1, 2024
Reading Time
8 minutes

American Express Aeroplan Review 2024: Is It Worth It?

The American Express Aeroplan Card is a charge card that allows cardmembers to earn Aeroplan points with each purchase.

Written By

Edited By

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

4.7

NerdWallet Rating

A charge card for foodies and travel bugs who rarely carry a balance.

The Amex Aeroplan Card is most valuable for people who frequently eat out and order in, book their vacations directly with Air Canada and pay off their balance in full.

Learn more about how we evaluate cards.

    The American Express Aeroplan Card is a charge card that allows cardmembers to earn Aeroplan points with each purchase. It offers extensive insurance coverage and flexibility when redeeming Aeroplan points.

    American Express® Aeroplan®* Card

    American Express® Aeroplan®* Card
    • Annual Fee
      $120
    • Interest Rates
      Charge Card
    • Rewards Rate
      1x-2x Points
    • Intro Offer
      Up to 40,000 Points
    Card details
    • New American Express® Aeroplan®* Cardmembers can earn up to 40,000 Aeroplan points:
    • Earn 3,000 Aeroplan points for each monthly billing period in which you spend $1,000 in net purchases on your Card for the first 10 months of Cardmembership. That could add up to 30,000 Aeroplan points
    • Plus, you can also earn 10,000 Aeroplan points when you make a purchase between 14 and 17 months of Cardmembership
    • That’s up to $900 or more in value when you combine your welcome bonus points and card benefits
    • Standard Earn Rate: Earn 2X the points on eligible purchases made directly with Air Canada®* and Air Canada vacations®*.
    • Standard Earn Rate: Earn 1.5X the points on eligible Dining and Food Delivery purchases in Canada.
    • Standard Earn Rate: Earn 1X the points on everything else.
    • Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.
    • Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $10,000 in eligible net purchases charged to your Card.
    • As an American Express Aeroplan Cardmember, you can often book flight rewards for even fewer points with preferred pricing.
    • American Express® Experiences: From music and movies, to specially curated dining and online shopping opportunities, stay connected with all that we have to offer from the comfort of your own home.
    • Enjoy an array of travel related insurance benefits such as Lost or Stolen Baggage Insurance and up to $500,000 in Travel Accident Insurance.
    • 24/7 Customer Service and Emergency Card Replacement.
    • As part of our commitment to sustainability, the American Express Aeroplan Card has been made with 70% reclaimed plastic
    • No pre-set spending limit on purchases gives you flexibility. Using a charge card is a great way to manage your finances as the balance must be paid in full each month.*
    • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply

    American Express Aeroplan Card full review

    The Amex Aeroplan Card earns Air Canada’s Aeroplan points that can be redeemed for a variety of items, including flights, hotel stays, car rentals and merchandise. As a charge card, the balance must be paid off in full each month or be subject to a high interest rate — in this case, 30%.

    Benefits of the American Express Aeroplan Card

    Drawbacks of the American Express Aeroplan Card

    Who should get the American Express Aeroplan Card?

    Because its higher earn rates are attached to dining and Air Canada purchases, the American Express Aeroplan Card is most valuable for people who book their vacations directly with Air Canada and frequently eat out and order in.

    Is American Express Aeroplan worth it?

    The American Express Aeroplan Card might be a good choice if you’re looking for a rewards card that can help reduce the cost of your next adventure, especially if you’re a frequent Air Canada flyer. Take two flights with a travelling companion, and the money you save on checked bags will equal the American Express Aeroplan Card’s annual fee. 

    But it is a charge card, which means you’re expected to pay off your entire balance every month. If that doesn’t sound like something you’d be able to do, keep looking.

    American Express customer ratings

    Amex Aeroplan Card eligibility

    Who qualifies for the Amex Aeroplan Card?

    To apply for the American Express Aeroplan Card, you must:

    Income requirements may apply.

    Approximate credit score needed for approval

    Canadian credit card issuers rarely disclose required credit scores, which makes it hard to know your chances of approval when comparing credit cards. What we do know is that higher scores have better chances of approval — that’s true no matter what type of credit you’re applying for.

    Want to learn more? Our guide can help you figure out what credit score is typically needed for a credit card.

    American Express Aeroplan rewards

    Welcome offer
    Ongoing rewards
    Card value

    If you’re approved for the Amex Aeroplan Card, you can earn up to 40,000 Aeroplan points. 

    • Earn 3,000 points each month in which you spend at least $1,000 on the card for the first ten months — for a possible total of 30,000 points.
    • Earn 10,000 points when you make a purchase between months 14 and 17 of cardmembership.
    • 2x Aeroplan points on eligible purchases made directly with Air Canada and Air Canada Vacations.
    • 1.5x Aeroplan points on eligible dining and food delivery purchases.
    • 1x Aeroplan points on all other eligible purchases.

    In the first year, new cardmembers can earn $1,020 or more in value, including:

    • Up to 40,000 bonus Aeroplan points (worth up to $900).
    • Free first checked bags for two people flying round-trip in the first year ($120).

    Point value breakdown

    NerdWallet searched more than 75 flights in 2021 and 2022 to determine the average value for Air Canada flights. Based on our analysis, the average value of 1 Aeroplan point is worth 2.23 cents, depending on the redemption method.

    More specifically, you can expect to get around:

    How to apply for the American Express Aeroplan Card

    The application process for the American Express Aeroplan Card is fairly straightforward:

    1. Visit the American Express CA home page.
    2. Select the card you wish to apply for.
    3. Read the product information, then read and agree to the card’s requirements.
    4. Provide your personal information, including your name, address and date of birth. Entering your Social Insurance Number is optional but encouraged.
    5. Enter financial information.
    6. Read and agree to any terms and conditions provided.
    7. Submit your application.

    American Express Aeroplan Card vs. TD Aeroplan Visa Infinite Card

    Both of these cards earn Aeroplan points, but eligibility criteria and earn rates vary.

    FeatureAmerican Express Aeroplan CardTD Aeroplan Visa Infinite Card
    Annual fees$120.$139.
    Minimum annual incomeNot known.$60,000 annual personal income or $100,000 household annual income is required.
    Rewards1x-2x Points.1x-1.5x Points.
    Benefits• Free first checked bag for cardmembers and up to eight travelling companions.

    • Access to American Express Experiences and Front Of The Line.

    • Extensive suite of travel insurance, including flight cancellation.
    • Rental car discounts with Avis and Budget.

    • Free first checked bag for cardmembers and up to eight travelling companions.

    • Extensive suite of travel insurance, including flight cancellation and medical coverage.

    Reasons you might want a different card

    Some travellers may want a no-fee credit card like the American Express Green Card, or a card with more perks than the American Express Aeroplan Card provides, such as airport lounge access. Others may not be comfortable using a charge card that requires them to pay their full balance every month. 

    American Express Aeroplan facts

    FeatureAmerican Express Aeroplan Card
    Card typeCharge card.
    Fees and interest rates
    Annual fee$120.
    Dishonoured payment$25.
    Cash advance feeEither 3% of the amount of each advance or $0.75, whichever is greater.
    Foreign transaction2.5% for each charge.
    Balance transferNo balance transfer fee. As a charge card, it isn’t designed for cardmembers to carry a balance from month to month.
    Rewards and benefits
    Intro offerUp to 40,000 Points.
    Reward earn rates• 2x the Aeroplan points on eligible purchases made directly with Air Canada and Air Canada Vacations.

    • 1.5x the points on eligible dining and food delivery purchases.

    • 1x the points on all other eligible purchases.
    Other perks• Free first checked bag for cardmembers and up to eight travelling companions.

    • Access to American Express Experiences and Front Of The Line.

    • Exclusive offers on shopping, dining, travel and more.
    Insurance coverage
    Travel accidentUp to $500,000.
    Flight and baggage delayUp to $500 for necessary accommodations, restaurant expenses and sundries.
    Lost or stolen baggageUp to $500 of coverage per trip for all insured persons.
    Hotel burglaryUp to $500 of coverage for personal items (excluding cash).
    Extended warrantyUp to one additional year.
    Purchase protection90 days.

    Rating Methodology

    NerdWallet Canada rates credit cards according to overall consumer value and their suitability for specific kinds of consumers. Factors in our evaluation methodology include annual and other fees, rewards rates, the earning structure (for example, flat-rate rewards versus bonus categories), redemption options, bonus offers for new cardholders, introductory and ongoing APRs, and other noteworthy features such as airline or hotel perks or the ability to transfer points.

      Frequently asked questions about American Express Aeroplan Card

      Does American Express have an Aeroplan Card?

      In Canada, American Express offers three different Aeroplan cards: the American Express Aeroplan Card, the American Express Aeroplan Reserve Card and the American Express Aeroplan Business Reserve Card.

      How much is the American Express Aeroplan Card?

      The American Express Aeroplan Card’s annual fee is $120. Additional cards cost $50 each. No-fee additional cards are available.

      DIVE EVEN DEEPER

      24 Best Credit Cards in Canada for February 2024

      24 Best Credit Cards in Canada for February 2024

      NerdWallet Canada’s picks for the best credit cards include top contenders across numerous card categories. Compare these options to find the ideal card for you.

      Credit Card Interest Calculator

      Credit Card Interest Calculator

      Interest charges don’t need to be a mystery. Use our credit card interest calculator to see how much interest you’d owe if you carry a credit card balance.

      How to Activate an American Express Card

      How to Activate an American Express Card

      You can activate your American Express card online, via the American Express app or over the phone. Activation is required before you can use an Amex card.

      13 Best Aeroplan Credit Cards in Canada for 2024

      13 Best Aeroplan Credit Cards in Canada for 2024

      The best Aeroplan credit cards in Canada earn points for Air Canada’s loyalty program on every purchase. Aeroplan points have an average value of 2.23 cents per point.

      Back To Top