American Express® AIR MILES®* Reserve Review
Earn a welcome bonus of 2,400 AIR MILESĀ®* Bonus Miles
Apply Now lock
Recommended Credit Score:
740 900
Excellent
$290
Welcome Bonus Value
$299
Annual Fee
20.99%
Purchase Interest Rate
NA
Min Personal Required
American Express® AIR MILES®* Reserve
lock
Apply Now
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
Earn a welcome bonus of 2,400 AIR MILESĀ®* Bonus Miles
Annual Fee
$299
American Express® AIR MILES®* Reserve
Card Details

WELCOME BONUS OFFER

  • New American Express® AIR MILES®* Reserve Credit Card Cardmembers, earn a welcome bonus of 2,400 AIR MILES®* Bonus Miles when you charge a total of $3,000 in purchases to your Card within your first 3 months of Cardmembership. That's enough for two select flights

Earn AIR MILES Reward Miles

Earn 1 Reward Mile for every $10 in Card purchases at AIR MILES Sponsors.

Earn 1 Reward Mile for every $10 in Card purchases at other eligible stand-alone grocery stores, gas stations, and drugstores in Canada.

Earn 1 Reward Mile for every $15 in Card purchases everywhere else.


American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information and Terms and Conditions, 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 Flight program, you can receive a Companion Flight, up to a maximum of 1,700 reward miles, for your companion to travel with you for the same itinerary (offer excludes service charges if applicable and taxes). If your flight requires more than 1,700 reward miles, you can use reward miles from your AIR MILES Dream Balance to pay the additional miles needed to use the Companion Flight Benefit.

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 a welcome bonus of 2,400 AIR MILES®* Bonus Miles when you charge a total of $3,000 in purchases to your Card within your first 3 months of Cardmembership. That's enough for two select flights

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!

 

.

*Subject to approval. The preferred rate for purchases is 20.99% and funds advances is 22.99%. If you have Missed Payments, the applicable rates for your account will be 23.99% and/or 26.99%. See the information box included with the application for the definition of Missed Payment and which rates apply to charges on your account and other details.