Amex Aeroplan Reserve Status Offer: Earn Extra eUpgrades and SQM

Air Canada and American Express have brought back a special offer for the American Express Aeroplan Reserve Card, which exclusively targets members with Aeroplan Elite Status.

With the Amex Aeroplan Status Offer, elite members who are approved for a new card and earn 20,000 Aeroplan points between April 25 and July 31, 2024 will earn an additional 20 eUpgrades and 15,000 Status Qualifying Miles (SQM). 

This comes in addition to the card’s regular welcome bonus, and is only available to new applicants who currently hold Aeroplan Elite Status.

Amex Aeroplan Status Offer: Earn 20 eUpgrades and 15,000 SQM

The latest offer for the American Express Aeroplan Reserve Card provides new cardholders with extra eUpgrades and SQM after meeting an earning requirement, in addition to the card’s welcome bonus. This offer is only for members who currently hold and maintain Aeroplan Elite Status throughout the promotion.

eUpgrades can be used to upgrade to a higher class of service, and SQM can help you reach a higher tier of status faster.

To earn the extra 20 eUpgrades and 15,000 SQM through this promotion, you’ll need to follow three steps:

• Manually register for the offer on the promotion’s landing pages in English or French
• Apply and be approved for a new American Express Aeroplan Reserve Card
• Earn and have 20,000 Aeroplan points posted to your account by July 31, 2024

This offer is valid for new applications made between April 25 and July 31, 2024, which means that current cardholders aren’t eligible. It’s important to note that if you were a cardholder as of April 25, 2024, you won’t be eligible for the offer if you cancel your card and are approved for a new one before the end of the promotion.

If you’re eligible for the offer, you’ll first need to manually register before submitting an application. You’ll simply need to provide your Aeroplan number, agree to the terms and conditions, and click “Register Now”.

The next step is to apply and be approved for the American Express Aeroplan Reserve Card through any medium. 

If you’re approved, the last step is to organically earn 20,000 Aeroplan points via your credit card spending, which must be posted to your account by July 31, 2024. It’s important to keep this in mind, since the points must be posted to your account by that date, and not just earned.

Points earned as part of the welcome bonus, referrals, or points transferred into your account don’t count towards the total. You must earn 20,000 points through the base earning rate and category multipliers to unlock the bonus eUpgrades and SQM.

This offer is only valid for the American Express Aeroplan Reserve Card, and not for the American Express Aeroplan Business Reserve Card, or any other premium Aeroplan co-branded credit card.

Furthermore, you must maintain your Aeroplan Elite Status between April 25 and July 31, 2024 to be eligible for the offer.

The 20 bonus eUpgrades aren’t eligible for extension through the card’s rollover benefits. However, if they’re earned after July 1, 2024, they should have an expiration date in January 2026, which should be plenty of time to use them up.

Lastly, the 15,000 bonus SQM don’t count towards Million Mile Status qualification. 

The terms and conditions state that the bonus eUpgrades and SQM will be deposited in your account within 10 weeks of meeting the earning requirement.

How to Maximize the Aeroplan Amex Status Offer

If you’re eligible for this offer, here’s what meeting the earning threshold of 20,000 points might look like.

Firstly, it’s likely in your best interest to apply for the American Express Aeroplan Reserve Card as soon as possible, since the current offer doesn’t have a set ending date. There’s a chance that the offer could change for better or for worse at any moment.

Furthermore, since the points must be posted to your account by July 31, 2024, you want to give yourself the most leadway to organically earn 20,000 points on your day-to-day spending.

As a reminder, the card’s earning rates are as follows:

• Earn 3 Aeroplan points per dollar spent on Air Canada and Air Canada Vacations
• Earn 2 Aeroplan points per dollar spent on dining and food delivery
• Earn 1.25 Aeroplan points per dollar spent on everything else

With the current offer, you need to spend $7,500 in the first three months to unlock the first part of the welcome bonus. With the card’s baseline earning rate, you’d earn 9,375 points, which almost puts you halfway there.

The best-case scenario would be if you have tickets to purchase with Air Canada or a package with Air Canada Vacations, as you’d earn 3 points per dollar spent. If you were to spend $6,000 in this category, you’d wind up with 18,000 Aeroplan points, leaving only 2,000 points to go.

The most likely situation is going to be a mixture of the base and increased category earning rates. If you’re perhaps able to plan your spending around large purchases, it could be within reach; however, it’s worth noting that there’s a relatively short window of opportunity to earn the required 20,000 points and have them post to your account.

Conclusion

Air Canada has brought back the Amex Aeroplan Status Offer for a second year, which gives new cardholders of the American Express Aeroplan Reserve Card with Aeroplan Elite Status an additional 20 eUpgrades and 15,000 SQM upon organically earning 20,000 Aeroplan points by July 31, 2024.

Manual registration is required prior to applying for the card, which can be done on the promotion’s landing pages in English or French. You just need to add your Aeroplan number, be approved for a new card, and complete the earning requirement.

With a relatively short window of time to have 20,000 Aeroplan points posted to your account, the spending requirement may prove difficult for some. However, if you can make it, then the extra eUpgrades could score you Air Canada business class seats at bargain, and the 15,000 SQM could help you reach status faster.