American Express® AIR MILES®* Reserve Review
Get 4,000 AIR MILESĀ®* Reward Miles + a $100 Statement Credit
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Recommended Credit Score:
740 900
Excellent
$500
Welcome Bonus Value
$299
Annual Fee
20.99%
Purchase Interest Rate
NA
Min Personal Required
American Express® AIR MILES®* Reserve
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My Rate Compass Rating: star star star star star_outline (4.1)
Bank Name:American Express
Network Type:Amex
American Express® AIR MILES®* Reserve
Welcome Bonus
Get 4,000 AIR MILESĀ®* Reward Miles + a $100 Statement Credit
Annual Fee
$299
American Express® AIR MILES®* Reserve
Card Details

WELCOME BONUS OFFER

    • Get 4,000 AIR MILES®* Reward Miles + a $100 Statement Credit:
    • New American Express® AIR MILES®* Reserve Credit Card Cardmembers, get a welcome bonus of 4,000 Bonus Miles and a $100 Statement Credit when you charge a total of $3,000 in purchases to your Card within your first 3 months of Card membership
    • 4,000 Bonus Miles is enough to redeem for $420 towards your purchases with AIR MILES®* Cash. Offer ends September 20, 2022
    • Unlock More Possibilities with the American Express® AIR MILES®* Reserve Card

  • Your ticket to the World of Onyx®* - Receive automatic Onyx® Collector status
  • Once a year, when you redeem for any flight Reward within the AIR MILES®* Reward Program, you can receive up to a maximum of 1,700 Miles towards a Companion Flight, for your companion to travel with you for the same itinerary (offer excludes service charges if applicable and taxes)
  • Get 1 Mile for every $10 in Card purchases at eligible AIR MILES®* Partners (excludes purchases made at airmilesshops.ca)
  • Get 1 Mile for every $10 in Card purchases at other eligible grocery stores, gas stations and drugstores in Canada
  • Plus, get 1 Mile for every $15 in Card purchases everywhere else
  • You can receive four (4) complimentary visits per year to more than 1,300 airport lounges around the globe. After your four (4) complimentary visits have been used for the year, you may continue to visit the lounges for a usage fee at the prevailing rate
  • 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                   

 

Insurance
  • Priority airport services Yes
  • Airport lounge access Yes
  • Concierge service Yes
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance Yes
  • Vehicule rental insurance Yes
  • Travel accident insurance Yes
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $299
  • Additional Card Fee: $0
  • Purchases Interest Rate: 20.99%
  • Cash Advance Interest Rate: 21.99%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
740 900
Excellent
Our Rating
My Rate Compass Rating: star star star star star_outline (4.1)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons

EXCLUSIVE ANNUAL COMPANION FLIGHT BENEFIT

Once a year, when you redeem for any flight Reward within the AIR MILES®* Reward Program, you can receive up to a maximum of 1,700 Miles towards a Companion Flight, for your companion to travel with you for the same itinerary (offer excludes service charges if applicable and taxes)

AIR MILES FLEXFLY, A RESERVE EXCLUSIVE

Through AIR MILES FlexFly Redemptions, you can access additional airlines and destinations, departure times, and economy, business and first class seats on flights not available within the AIR MILES Flight Program.

Editor's Review

American Express provides their customers with a lucrative bonus offer when they obtain the Air Miles Reserve credit card. 

New American Express® AIR MILES®* Reserve Credit Card Cardmembers, earn welcome bonus of 4,000 Bonus Miles and a $100 Statement Credit when you charge a total of $3,000 in purchases to your Card within your first 3 months of Card membership. 

After the bonus, card holders earn one Air Mile for every $10 spent on eligible Air Miles partner purchases and other eligible purchases such as gas, groceries and pharmacy. One Air Mile is earned for every $15 spent elsewhere. Card holders can redeem their points on flights, hotels, merchandise, car rentals, electronics, among many other things. In addition, card holders will earn Onyx status, a Companion Flight on a round trip economy flight once a year, four complimentary visits to airport lounges around the globe and Priority Pass status. Lastly, card holders also can take advantage of American Express customer benefits including Front of the Line, travel insurance, purchase insurance and Insider Access.

On the flip side, there are some disadvantages to this credit card. First, all of these perks aren’t free, as you can probably imagine! The annual fee for this credit card is $299 which is much more expensive than most travel-based credit cards in Canada. Second, AMEX isn’t as widely accepted as other credit cards are, like Visa and Mastercard. Using an American Express card day to day can be challenging since not every store or vendor will accept it as payment.

In summary, the American Express Air Miles Reserve credit card is a superb choice if you’re dedicated to Air Miles and want to travel in style. If the annual fee is out of your budget, American Express also offers a Platinum version with a less expensive annual fee and a basic version with no annual fee. But remember, the more you pay, the more you’ll get!

 

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