American Express AIR MILES Reserve Credit Card
Annual Fee
$299.00
Interest Rate
19.99%
Balance Transfer
1.99%*
Cash Advance
22.99%
Credit Score
Good
Rewards
-
- Earn a Welcome Bonus of 2,400 AIR MILES Reward Miles when you charge a total of $3,000 in purchases to your Card within your first three months of Cardmembership.
- 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.
- Refer a friend and you could earn a referral bonus of 800 AIR MILESReward Miles for each approved referral up to a maximum annual referral bonus of 12,000 AIR MILES Reward Miles.
- 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 Flexibly, a Reserve Exclusive: Access additional airlines and destinations, departure times, and economy, business and first class seats on flights not available within the AIR MILES Flight Program.
- Receive Automatic Onyx status: American Express AIR MILES Reserve Cardmembers enjoy automatic Onyx status as long as they remain Cardmembers.
- American Express Invites opens the door to memorable experiences we think you’ll love: Front Of The Line Advance Access, Front Of The Line Reserved Tickets, Front Of The Line E-Updates, special Offers and Experiences for all Cardmembers, and special Access for all Cardmembers.
- Emergency Medical Insurance(Out of province/country)
- Car Rental Theft and Damage Insurance
- $100,000 Travel Accident Insurance
- Lost or Stolen Baggage Insurance
- Flight Delay Insurance
- Baggage Delay Insurance
- Hotel/Motel Burglary Insurance
- Buyer’s Assurance Protection Plan
- Purchase Protection Plan
- You must be a Canadian resident
- You must be the age of majority in your province/territory of residence
Summary
The American Express AIR MILES Reserve Credit Card is a travel card that allows its holders to earn AIR MILES Reward Miles for their purchases. The card also offers extensive insurance, as well as giving access to automatic Onyx status and special Front Of The Line access to great exclusive experiences!
Enjoy a bonus of 2,400 AIR MILES Reward Miles when you charge a total of $3000 in purchases to your Card within your first three months of Cardmembership.
Our Review
American Express AIR MILES Reserve Credit Card
The American Express AIR MILES Reserve Credit Card is a travel card that allows its holders to earn AIR MILES Reward Miles for their purchases. You may earn 1 Reward Mile for every $10 in Card purchases at AIR MILES Sponsors, 1 Reward Mile for every $10 in Card purchases at other eligible stand-alone grocery stores, gas stations, and drugstores in Canada, and 1 Reward Mile for every $15 in Card purchases everywhere else. In addition, you can earn a Welcome Bonus of 2,400 AIR MILES Reward Miles when you charge a total of $3,000 in purchases to your Card within your first three months of Cardmembership. For a steep $299 fee this card also offers some desirable and exclusive perks, like Front Of The Line Access, annual companion tickets, complimentary priority passes, and AIR MILES Flexibility. The card also offers extensive insurance, as well as giving access to automatic Onyx status to cardmembers. All in all, the American Express AIR MILES Reserve card is worth considering if you’re a frequent flyer who’s looking for travel benefits, charges a high amount of spending to their credit card and doesn’t mind a hefty annual fee, but if you don’t want to pay the $299 dollars you can certainly find travel cards for much less, though they may not boast the same perks.
As per our rating system, this card scored 19/25 on rewards, 18/25 on interest rates and balance transfers, 21/25 on perks and insurance, and 15/25 on annual fees. Therefore, the total smart score of this card is 73/100.
Pros
- Welcome Bonus of 2,400 AIR MILES Reward Miles when you charge a total of $3,000 in purchases to your Card within your first three months of Cardmembership.
- 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.
- Introductory interest rate on balance transfers of 1.99% for the first 6 months.
- Refer a friend and you could earn a referral bonus of 800 AIR MILESReward Miles for each approved referral up to a maximum annual referral bonus of 12,000 AIR MILES Reward Miles.
- You can receive one annual Companion Flight, up to a maximum of 1,700 reward miles, to travel with you for the same itinerary.
- Get 4 annual passes to over 900 airport lounges internationally.
- Access additional airlines and destinations, departure times, and economy, business and first class seats on flights not available within the AIR MILES Flight Program.
- American Express AIR MILES Reserve Cardmembers enjoy automatic Onyx status as long as they remain Cardmembers.
- American Express Invites opens the door to memorable experiences we think you’ll love: Front Of The Line Advance Access, Front Of The Line Reserved Tickets, Front Of The Line E-Updates, special Offers and Experiences for all Cardmembers, and special Access for all Cardmembers.
- Benefit from an extensive array of travel insurance, as well as purchase protection.
Cons
- The annual fee is a pretty high $299.
- American Express is not accepted everywhere.