Amex Aeroplan Cards: Summer 2022 Offers Ending Soon! (115,000 Points)

American Express is known for offering some of Canada’s best credit card welcome bonuses.

Echoing the thrilling all-time high bonuses we saw in the summer of 2021, you have until October 26, 2022 to snag the raised offers on their duo of personal Aeroplan co-branded cards: the Aeroplan Reserve Card and the Aeroplan Card. Luckily, there is no current end date for the Aeroplan Business Reserve Card, but with a great offer, there’s no reason to wait.

While the offers aren’t the highest we’ve ever seen, they’re nevertheless a very strong welcome package for anyone who’s considering these cards now – especially for anyone who values Aeroplan points.

Amex Aeroplan Reserve Card: Up to 115,000 Aeroplan Points!

The American Express Aeroplan Reserve Card, Amex’s flagship premium Aeroplan co-branded card, has a current welcome bonus of up to 115,000 Aeroplan points when you apply via a refer-a-friend link.

The points are distributed as follows:

  • 65,000 Aeroplan points upon spending $6,000 in the first six months
  • 5,000 Aeroplan points for each of the first six months in which you spend $1,000, for a total of 30,000 Aeroplan points
  • 10x Aeroplan points on eats and drinks in Canada in the first three months, up to a maximum of 20,000 Aeroplan points (on $2,000 of spending)

As you can see, this offer is very much a “lite” version of the all-time high offers of Summer 2021. Even so, it’s still one of the best we’ve ever seen.

The offer is structured as a reversal of the Spring 2022 offer for 110,000 points: the majority are awarded up-front, and the monthly spending requirements are only for six months instead of 12.

That’s a huge upgrade in my books. Not only will you get your big welcome bonus in full sooner, you won’t have to worry about missing a bonus as you juggle multiple credit cards long-term.

Six months is also a generous and flexible window for low spenders to go slow and steady, without missing the grand prize.

At the risk of burying the lede, the 10x bonus on eats and drinks is back! As always, this encompasses grocery stores and restaurants, including bars, cafés, and food delivery. Heralded as one of the best promotions ever, I know many people have been waiting for it to return before applying for this card.

Keep in mind that unlike last summer, you’ll only have three months, down from six, to capitalize on this accelerated earn rate. And you’ll also be capped at 20,000 bonus points earned this way, down from 50,0000.

Remember that every dollar you spend can count towards more than one part of the bonus. For example, if you spent $1,000 on eats and drinks within each of the first six months, that would satisfy all three components of the bonus simultaneously, netting you 110,000 Aeroplan points right there.

Also, note that the 10x earn rate replaces the base earn rate. You won’t get the regular 2x Aeroplan points on restaurants or 1.25x points on groceries 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 Card: Up to 115,000 Aeroplan Points!

The American Express Aeroplan Business Reserve Card is offering a higher number of points, but with higher spending requirements. When you apply via a refer-a-friend link, you’ll earn:

  • 95,000 Aeroplan points upon spending $7,000 in the first three months
  • 10x Aeroplan points on Air Canada, Air Canada Vacations, hotels, and car rentals in the first six months, up to a maximum of 20,000 Aeroplan points (on $2,000 of spending)

I’m thrilled to see that there’s no monthly spending requirement on the Aeroplan Business Reserve Card. Frankly, I find those to be a hassle. And business owners don’t like a hassle.

This no muss, no fuss welcome bonus structure is finally in line with the simplicity of the flagship Business Platinum Card, while still offering a monstrous amount of points.

In addition, the 10x bonus on Air Canada and other travel purchases is back from the Spring 2022 offer. This time, however, it’s capped at 20,000 points, down from 30,000 although the total value of the welcome bonus remains the same.

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, it certainly depends on which 10x spending category you’ll be able to maximize more easily. Go with the Aeroplan Reserve Card for eats and drinks, or the business card for eligible travel purchases.

Amex Aeroplan Card: Up to 75,000 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 75,000 Aeroplan points for new applicants, matching the card’s historical all-time high.

The Summer 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. When you apply via a refer-a-friend link, you’ll earn:

  • 50,000 Aeroplan points upon spending $3,000 in the first six months
  • 2,500 Aeroplan points for each of the first six months in which you spend $500, for a total of 15,000 Aeroplan points
  • 5x Aeroplan points on eats and drinks in Canada in the first three months, up to a maximum of 10,000 Aeroplan points (on $2,000 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 groceries and restaurants in each of the first three months (with an extra $500 spread across those first three months however you see fit), 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 eats and drinks) for the next three months to unlock the full bonus. 

Just like the higher-end Reserve cards, the 5x Aeroplan points component replaces the base earning rate on eligible purchases for as long as it’s active (i.e., up to $2,000 spent).

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 0.17 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. 


American Express has great welcome offers on the Aeroplan co-branded credit cards for Summer 2022. These offers are soon coming to an end, so be sure to take action now if you’ve been meaning to do so.

On each of the Aeroplan Reserve Card, Aeroplan Business Reserve Card, and Aeroplan Card, the bonuses have become more streamlined and easier to earn in full. The business card has boosted its up-front lump sum to a highly appealing level, and the personal cards have reduced the duration of the monthly spending requirements while reintroducing the immensely popular 10x earn rate on eats and drinks.

The offers on the personal cards expire on October 26, 2022, while the business card has no stated end date. Be sure to take advantage while you can!

This is a recurring article, regularly updated with the latest round of offers. Some comments may refer to past offers that are no longer available.

  1. Ante

    I don’t think the extra 5x/10x points show up as EDQ anymore this year.

    1. Ricky YVR

      Thanks for pointing this out.

  2. Steve

    I’d like to rollover my Eupgrade credits and SQM into 2023. Do I simply need to get an Amex Aeroplan Reserve card before the end of the year and that would do it or are there spend requirements? Also, curious if the Oct 26 date for signup only applies to when the WB application expires or if I actually have to spend $6k/$2k on restaurants before Oct 26?

  3. Steve

    How does one find out when Amex does the 20% or 30% boost on MR to Aeroplan points? I.e., ideally a notification vs checking the site every day!?

    1. Ricky YVR

      There’s almost never a boost from MR to Aeroplan points. However, to be kept up-to-date about deals and promotions, you can subscribe to our newsletter at the bottom of this article and make sure to select “new blog post notifications”.

  4. Tim

    Does purchasing Aeroplan points through air Canada’s website qualify as a travel expense, this generating the point accrual multiplier?

  5. Josh

    For the new summer 2022 promos, it says referral for the all the points promos. If I don’t know anyone with the Amex Aeroplan, how am I supposed to be referred?

  6. James

    I literally just applied for the Amex Aeroplan Reserve card last week, when the offer was more spread out throughout the year and there was 25k less points available. Is there any chance that I can still avail these new bonuses somehow? The Annual fee has not been charged to the card yet.

    1. Josh YVR

      No, your welcome bonus is the one that was offered at the time you applied. Win some, lose some!

  7. Biff

    Is the Amex Aeroplan Business Reserve card considered a premium Aeroplan card which would allow us to carry over eUpgrades to next year?

    1. Josh YVR


  8. Elton

    I currently hold the Amex Reserve(about to cancel to avoid the second year annual fee), and I am wondering if I can do a product switch for the lower annual fee Amex Aeroplan and still get this 70k Aeroplan offer, or do I have to do a new application? Thanks!

    1. Josh YVR

      You’d have to do a new application if you want the welcome bonus.

      1. Carl

        I thought Amex does them once in a life time?

  9. farzanhaq YYZ

    The terms for the extend your elite status into 2023 promotion state that limited-time category accelerators do not count towards it. Would this include the eats & drinks accelerators on these cards?

    1. Josh YVR

      Terms say a lot of things. Terms imply the same for EDQ. I think it’s a reasonable bet, unfortunately we won’t know for sure until it’s too late.

      1. Chalia

        I really want to get into hitting 25k status but it’s almost the end of the year so won’t everything reset at the end of the year ?

  10. Leo

    Is the 10x points available for current card holders?

    1. iv


  11. 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


  12. 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.

  13. 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.

  14. 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….!?]

  15. 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 🙂

  16. Marty

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

  17. KathyG

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

    1. Rachel YYZ


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