How to Apply for the American Express Aeroplan Reserve Credit Card?
Applying for a credit card can be a significant financial decision, especially when it comes to premium cards like the American Express Aeroplan Reserve.
This card offers a wealth of benefits tailored for frequent travelers, particularly those loyal to the Aeroplan program.
In this article, we will explore how to apply for the American Express Aeroplan Reserve Credit Card, its features, advantages, disadvantages, and whether it is worth considering.
We will also cover the requirements for application and a step-by-step guide to the application process.
How Does the American Express Aeroplan Reserve Credit Card Work?
The American Express Aeroplan Reserve Credit Card is a premium travel rewards card designed for frequent flyers, particularly those who often fly with Air Canada and its Star Alliance partners.
The card offers a range of travel benefits, including Aeroplan points on every purchase, enhanced earning rates on Air Canada purchases, and exclusive travel perks.
Cardholders earn Aeroplan points for every dollar spent, with higher earning rates for purchases made directly with Air Canada.
These points can be redeemed for flights, hotel stays, car rentals, and more within the Aeroplan program.
Additionally, the card provides benefits such as priority boarding, complimentary checked bags, and access to Air Canada Maple Leaf Lounges and other partner lounges worldwide.
→ CLICK HERE TO REQUEST YOUR CREDIT CARD
Advantages of the American Express Aeroplan Reserve Credit Card
- Generous Welcome Bonus: New cardholders often receive a substantial number of Aeroplan points as a welcome bonus, which can be enough for a free flight or other valuable rewards.
- Higher Earning Rates: Earn 3x Aeroplan points for every dollar spent on Air Canada purchases, 2x points on dining and food delivery, and 1x point on all other purchases.
- Lounge Access: Enjoy access to Air Canada Maple Leaf Lounges and select partner lounges, enhancing your travel experience with comfort and amenities.
- Priority Airport Services: Cardholders benefit from priority check-in, boarding, and baggage handling on Air Canada flights, saving valuable time and reducing stress.
- Free Checked Bags: Receive your first checked bag free on Air Canada flights, which can result in significant savings, especially for frequent travelers.
- Annual Companion Pass: Receive an annual companion pass for a companion traveling with you on Air Canada flights, which offers a discounted fare for your travel partner.
- Aeroplan Elite Status Qualification: Cardholders can earn Aeroplan Elite Status, which provides additional travel benefits and recognition within the Aeroplan program.
- No Foreign Transaction Fees: Make purchases abroad without incurring foreign transaction fees, making it a great card for international travel.
- Dedicated Concierge Service: Access a dedicated concierge service for assistance with travel bookings, dining reservations, and other personal requests.
Disadvantages of the American Express Aeroplan Reserve Credit Card
While the American Express Aeroplan Reserve Credit Card offers numerous benefits, it also has some drawbacks:
- High Annual Fee: The card comes with a significant annual fee, which may be a deterrent for some potential cardholders.
- Excellent Credit Required: Approval typically requires an excellent credit score, making it less accessible for those with lower credit scores.
- Air Canada Focus: The card’s benefits are heavily geared towards Air Canada travelers, so it may not be as valuable for those who primarily fly with other airlines.
Is It Worth Applying for the American Express Aeroplan Reserve Credit Card?
Determining whether the American Express Aeroplan Reserve Credit Card is worth applying for depends on your travel habits and financial situation.
If you frequently fly with Air Canada or its Star Alliance partners, the card’s benefits can significantly enhance your travel experience and provide substantial value.
The lounge access, priority services, and travel insurance alone can justify the annual fee for many frequent travelers.
However, if you rarely fly with Air Canada or do not travel often, the high annual fee and Air Canada-centric benefits may not provide enough value to outweigh the costs.
In such cases, you might be better off with a more general travel rewards card or one with a lower annual fee.
→ CLICK HERE TO REQUEST YOUR CREDIT CARD
Requirements to Apply for the American Express Aeroplan Reserve Credit Card
Before applying for the American Express Aeroplan Reserve Credit Card, ensure you meet the following requirements:
- Excellent Credit Score: Typically, an excellent credit score (750+) is needed for approval.
- Canadian Residency: You must be a resident of Canada.
- Age Requirement: You must be the age of majority in your province or territory.
- Income: While not always explicitly stated, a higher income level is generally beneficial for approval.
- Proof of Identity: Valid identification and proof of residency are required.
How to Apply for the American Express Aeroplan Reserve Credit Card
Here is a step-by-step guide to applying for the American Express Aeroplan Reserve Credit Card:
- Visit the American Express Website: Go to the official American Express Canada website and navigate to the Aeroplan Reserve Credit Card page.
- Review Card Details: Carefully read through the card’s features, benefits, and terms and conditions to ensure it meets your needs.
- Click ‘Apply Now’: On the card’s webpage, click the ‘Apply Now’ button to start the application process.
- Complete the Application Form: Fill out the application form with your personal information, including your name, address, employment details, and income.
- Review and Submit: Review all the information you have entered to ensure it is accurate. Submit your application once you are confident that everything is correct.
- Wait for Approval: After submission, American Express will review your application. This process can take a few minutes to a few days. You may receive a decision instantly or be asked for additional information.
- Receive Your Card: If approved, you will receive your American Express Aeroplan Reserve Credit Card in the mail within 7-10 business days.
→ CLICK HERE TO REQUEST YOUR CREDIT CARD
Frequently Asked Questions
1. Can I apply for the American Express Aeroplan Reserve Credit Card if I have a lower credit score?
Approval generally requires an excellent credit score. However, it may still be worth applying if your score is close to excellent and you meet other criteria.
2. What is the annual fee for the American Express Aeroplan Reserve Credit Card?
The annual fee is approximately CAD 599. This fee is subject to change, so check the American Express website for the most current information.
3. Can I earn Aeroplan points on all purchases?
Yes, you earn Aeroplan points on all purchases, with higher earning rates for Air Canada purchases and specific categories like dining.
4. How do I redeem Aeroplan points?
Aeroplan points can be redeemed through the Aeroplan website for flights, hotel stays, car rentals, and various other rewards.
5. Does the card offer travel insurance?
Yes, the card includes comprehensive travel insurance, covering emergency medical, trip cancellation, flight delay, and more.
6. Are there any foreign transaction fees?
No, there are no foreign transaction fees when using the American Express Aeroplan Reserve Credit Card for purchases abroad.
7. How can I contact customer service?
Cardholders can contact American Express customer service through the phone number on the back of their card or via the American Express website.
By following this guide, you can make an informed decision about applying for the American Express Aeroplan Reserve Credit Card and take advantage of its numerous travel benefits.
