fbpx

Amex Aeroplan Cards: New Offers of Up to 110,000 Aeroplan Points!

American Express is known for offering some of Canada’s best credit card welcome bonuses. After a quiet winter period, they’ve once again raised the offers on their series of Aeroplan co-branded cards: the Aeroplan Reserve Card, the Aeroplan Business Reserve Card, and the Aeroplan Card.

These offers combine elements from both the weaker previous round of offers and the spectacular all-time-high bonuses we had seen in Summer 2021.

While not quite as groundbreaking as last summer’s bonuses, they’re nevertheless a fairly strong welcome package for anyone who’s considering these cards now – especially for anyone who values Aeroplan points over Buddy Passes, which have taken a backseat in this round of offers.

Amex Aeroplan Reserve: Up to 110,000 Aeroplan Points!

The American Express Aeroplan Reserve Card, Amex’s flagship premium Aeroplan co-branded card, is putting forth a new welcome bonus of up to 110,000 Aeroplan points, distributed as follows:

  • 20,000 Aeroplan points upon spending $3,000 in the first three months
  • 5,000 Aeroplan points for each of the first 12 months in which you spend $1,000, for a total of 60,000 Aeroplan points
  • 10x Aeroplan points on Air Canada, Air Canada Vacations, hotels, and car rentals in the first six months, up to a maximum of 30,000 Aeroplan points (on $3,000 of spending)

As you can see, this offer continues to require 12 months of spending in order to unlock the full bonus. However, there’s now a new component that rewards you for up to $3,000 in travel purchases during the first six months.

Note that every dollar you spend can count towards more than one part of the bonus. For example, if you spent $1,000 on Air Canada, hotels, and car rentals within each of the first three months, that would hit upon the first, third, and a portion of the second components of the bonus, netting you 65,000 Aeroplan points right there.

You’d then need to continue spending at least $1,000 per month throughout the first year (on any category, not just travel) to complete the second monthly component. 

Also, note that the 10x earn rate replaces the base earn rate. You won’t get the regular 3x Aeroplan points on Air Canada purchases or 1x points on hotels and car rentals in addition to the promotional bonus, but it’s a drop in the bucket compared to the 10x points on the line. 

The card has an annual fee of $599, which is a steep but worthwhile expense for the privilege of 110,000 Aeroplan points.

At our current valuation of 2.1 cents per point, you can expect to get out around four times the value you put in, while possibly stretching that number further with an inspired redemption or two. 

As always, with a premium Aeroplan credit card, you’ll get priority airport services, a 1.25x earning rate on daily spending, preferred pricing discounts on Aeroplan redemptions, and likely some compelling Amex Offers throughout the year to offset against your annual fee.

Amex Aeroplan Business Reserve: Up to 110,000 Aeroplan Points!

The American Express Aeroplan Business Reserve Card is offering a parallel number of points, but with higher spending requirements:

  • 20,000 Aeroplan points upon spending $3,000 in the first three months
  • 5,000 Aeroplan points for each of the first 12 months in which you spend $2,000, for a total of 60,000 Aeroplan points
  • 10x Aeroplan points on Air Canada, Air Canada Vacations, hotels, and car rentals in the first six months, up to a maximum of 30,000 Aeroplan points (on $3,000 of spending)

This reflects the typical pattern we’ve seen from this card in the past, with the bonus structure matching the personal Reserve card, but with higher spending amounts geared towards business owners.

To hit all of the monthly bonuses, you’d have to spend a total of $24,000, spread out evenly over 12 months, while spending at least $3,000 with Air Canada, hotels, and car rentals over the initial six-month period. Needless to say, it’s an offer that’s only suitable for those of you with higher spending capacities. 

Just like the personal card, the 10x Aeroplan points component replaces the base earning rate, rather than stacking on top of it.

If you can only get one, the personal Aeroplan Reserve Card is definitely a better choice, with the business card a secondary option with more challenging thresholds to unlock the full bonus. 

Amex Aeroplan Card: Up to 60,000 Aeroplan Points!

While the premium Aeroplan cards naturally have the highest bonuses, the Amex Aeroplan Card shouldn’t be overlooked either.

The card is offering up to 60,000 Aeroplan points for new applicants. For reference, while the premium cards had previously achieved an all-time-high of 150,000 Aeroplan points, the core Aeroplan Card’s best offer was 75,000 Aeroplan points, so this current offer comes mightily close. 

The Spring 2022 offer on the Amex Aeroplan Card is in the same format as the bonuses on the higher-end Reserve cards, just with lower totals across the board:

  • 15,000 Aeroplan points upon spending $1,500 in the first three months
  • 2,500 Aeroplan points for each of the first 12 months in which you spend $500, for a total of 30,000 Aeroplan points
  • 5x Aeroplan points on Air Canada, Air Canada Vacations, hotels, and car rentals in the first six months, up to a maximum of 15,000 Aeroplan points (on $3,000 of spending)

Like before, you can hit multiple components of the offer with the same spending. In this case, the optimal strategy is to aim for $500 on Air Canada, hotel, and car rental purchases in each of the first six months, which would help you complete the first, third, and half of the second component.

Then, you’d spend $500 per month on any purchase category (not just travel) for the rest of the year to unlock the full bonus. 

Just like the higher-end Reserve cards, the 5x Aeroplan points component replaces the base earning rate on Air Canada, hotel, and car rental purchases for as long as it’s active (i.e., up to $3,000 spent, on paper).

The real appeal of the Amex Aeroplan Card is the lower annual fee of $120, making this offer a fantastic choice for anyone whose credit card strategy revolves around keeping annual fees low and manageable. At an effective “cost” of 0.2 cents per point, the value proposition here is very strong indeed.

Furthermore, the Amex Aeroplan Card is a charge card, not a credit card. Unlike the Reserve and Business Reserve, which are credit cards, it doesn’t impact Amex’s limit of holding four credit cards per person at a time. If you’re already tight against the cap, the core Aeroplan Card might be a great way to pad your Aeroplan balance without going over your limit. 

Everyday Status Qualification: Up to 10x the Progress Towards Aeroplan 25K

With the spend-based components of these new Amex Aeroplan credit card offers, you’ll be able to accelerate your progress towards earning Aeroplan 25K status without flying via the Everyday Status Qualification feature.

Through Everyday Status Qualification, you can earn Aeroplan status without flying through everyday points activities. However, not all points-earning transactions will qualify for status. In particular, points earned on spending do count, whereas points earned from welcome bonuses don’t count.

Interestingly, while the initial spending bonus and monthly bonuses are treated like welcome bonuses, the 5–10x points on Air Canada, hotels, and car rentals are treated like regular spending.

That means that you can rack up 30,000 everyday-qualifying points on both the Aeroplan Reserve and Aeroplan Business Reserve cards, as well as 15,000 everyday-qualifying points on the core Aeroplan Card, just for spending $3,000 on each (in the right categories) within six months.

Combined with everyday credit card spending and Aeroplan eStore bonuses, the 10x components of these Amex Aeroplan welcome bonuses could give you a very strong boost towards achieving or retaining entry-level Aeroplan Elite Status during the 2022 qualification year. 

Now, Aeroplan 25K won’t dramatically transform your travel experience; instead, it merely guarantees you a baseline level of perks, like 25 eUpgrade credits per year, two Maple Leaf Lounge passes per year, and free checked bags on Air Canada flights.

Still, 25K status is a very valuable baseline status to hold year after year, thanks to the opportunity to use eUpgrades to instantly confirm upgrades into Air Canada business class.

Another 10x opportunity from American Express gives non-status holders a useful way to get started towards Aeroplan 25K status, especially if they missed out on some of the lucrative status promotions that we saw last year.

Conclusion

After a quieter winter period, American Express has refreshed the welcome offers on the Aeroplan co-branded credit cards for Spring 2022.

We’re seeing three components to the welcome offers on each of the Aeroplan Reserve Card, Aeroplan Business Reserve Card, and Aeroplan Card: a lump-sum bonus for completing a three-month minimum spend, a 5–10x multiplier for spending up to $3,000 on Air Canada, hotels, and car rentals in the first six months, and a monthly bonus for completing a minimum spend in each of the first 12 months.

As the situation around global travel continues to improve, I wouldn’t rule out even better bonuses in the future – perhaps some truly mass-market offers in the summer with even higher totals and simpler spending requirements to mirror last year’s extravaganza. 

However, these spring bonuses are certainly quite strong in and of themselves, especially if you need an immediate boost to your Aeroplan balances as you plot out your “revenge travel” plans, so I’d recommend picking up one or two cards that fit your needs if that’s the case. 

12 Comments
  1. Leo

    Is the 10x points available for current card holders?

  2. Steve

    I already have the Reserve card. Does Amex allow you to have two personal cards in the same family? Could I apply for the Aeroplan card @$120/60,000pts?

    1. Ricky YVR

      Yes!

  3. Matt

    Doesn’t the 12 month of spending imply you need to pay the annual fee twice?

    1. Rachel YYZ

      Yes – but you should be able to cancel the card after the first statement of the new year and receive an annual fee rebate.

  4. Marie

    Hi Ricky! If I was approved before March 1st but still waiting for my Amex aeroplan card to arrive, do you know if I will still get the « old » rewards including buddy pass or will I get the new rewards program? Can’t seem to find the answer on Amex website.

    1. Rachel YYZ

      You’ll receive the bonus according to the structure you were approved on.

  5. Todd

    looking forward to seeing what TD does next week for their next round of promos/welcome offers on March 7th… [ie; do i wait….!?]

  6. Annie

    In my opinion, Chase Aeroplan Mastercard is a better deal: about the same amount of points for USD 95 annual fee + USD 4000 minimum spend in 3 months. Let see if AmEx will have new promotions for other cards as well 🙂

  7. Marty

    I was AMEXiled Dec 2019. Any DPs yet for approval?

  8. KathyG

    Do the hotels and car rentals have to be booked with Air Canada?

    1. Rachel YYZ

      Nope!

Your email address will not be published.

Have an Account? Click here to Login

Shopping cart
There are no products in the cart!
Continue shopping