American Express has come out with new bonus offers on some of their cards today. The first one we take a look at is the new up to 115,000 welcome bonus points on the American Express® Aeroplan®* Reserve Card.
FYI The other cards with new increased bonus offers are:
-
Marriott Bonvoy™ American Express®* Card – Up to 75,000 points
-
Marriott Bonvoy™ Business American Express® Card – Up to 85,000 points
- American Express® Aeroplan®* Business Reserve Card – Up to 120,000 points
The up to 115,000 Aeroplan Points bonus
From today until July 24, 2023 new American Express® Aeroplan®* Reserve Cardmembers can earn up to 115,000 welcome bonus points as follows:
- Earn 45,000 Aeroplan points after spending $6,000 in net purchases on your Card within the first 3 months of Cardmembership
- Plus, you can also earn 7,500 Aeroplan points for each monthly billing period in which you spend $2,000 in net purchases on your Card for the first 6 months of Cardmembership. That could add up to 45,000 Aeroplan points
- You can also earn 25,000 Aeroplan points when you make a purchase between 14 and 17 months of Cardmembership
With this bonus we see the return of Amex awarding additional points for holding on to the card for a second year with 25,000 points being awarded on as little as a $1 purchase made between months 14 – 17.
Rewards Canada values Aeroplan points at a minimum of 1.5 cents each and that really is a minimum as most Aeroplan members should be able to get more value than that out of each points. That puts the value of this 115,000 point bonus at $1,725. Bottom line net value if you subtract two years of annual fees you are looking at $527. That being said you also have to consider all the extra benefits this card provides like free checked baggage, lounge access, NEXUS credit and much more.
The American Express® Aeroplan®* Reserve Card in detail:
Annual Fee: $599 | Additional Card Fee: $199 for each Additional Aeroplan®* Reserve Card to share some of the benefits and earn Aeroplan points faster $0 for each Additional Aeroplan®* Reserve No Fee Card to earn points faster Annual interest rate 19.99% on purchases and 21.99% on funds advances
- Highest Air Canada earn rate on an Aeroplan payment card in Canada: Earn 3X the points on eligible purchases made directly with Air Canada®* and Air Canada Vacations®*
- Standard Earn Rate: Earn 2X the points on eligible Dining and Food Delivery purchases in Canada
- Earn 2X the points on eligible purchases with Rocky Mountaineer®**. Plus, you could receive a Complimentary Hotel Room Category Upgrade, on the first and last night, and a Complimentary Upgrade from SilverLeaf to GoldLeaf class of service when you book directly with Rocky Mountaineer using your Aeroplan Reserve Card
- Standard Earn Rate: Earn 1.25X the points on everything else
- Get through the airport quicker with Air Canada Priority Check-In, Air Canada Priority Boarding and Air Canada Priority Baggage Handling
- Receive one Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your Card anniversary date; your Pass entitles you to buy an accompanying Air Canada economy class ticket for a companion at a fixed base fare from $99 to a maximum of $599 CAD (plus taxes, fees, charges, and surcharges)
- Enjoy access to select Air Canada Maple Leaf LoungesTM* and Air Canada CaféTM in North America for you and a guest, with a same day ticket on a departing Air Canada or Star Alliance flight
- Enjoy your eligible first checked bag free for up to 9 people travelling on the same reservation on Air Canada flights
- Roll over any unallocated Aeroplan EliteTM* Status Qualifying Miles and unused eUpgrade Credits to the following year to enjoy during your travels
- American Express® Experiences opens doors for you to access a number of special events, including special dining experiences, VIP parties, advance film screenings and more
- Get more from your travel experience at Toronto Pearson International Airport with:
- Access to Pearson Priority Security Lane
- Complimentary valet service at the Express Park and Daily Park
- 15% discount on parking rates at the Express Park and Daily Park
- 15% discount on Car Care Services
- Get access to more than 1,200 Priority Pass airport lounges and enjoy an oasis of comfort before your flight, regardless of your airline or cabin class
- Insurance Coverage: whether you’re shopping nearby or travelling abroad, you can feel confident knowing you can be taken care of
- American Express® Aeroplan®* Reserve Card is made from precision cut and engraved 13g metal – it’s the perfect companion on your next exceptional journey
- American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
- Click here to apply for the American Express Aeroplan Card
Wrapping it up
Another summer of bigger bonuses on select cards from American Express is now here. For 2023 Amex is focusing on their co-brand partnership cards for Aeroplan and Marriott with some really attractive welcome offers. All of them do require you to hold onto the card for a second year which isn’t a huge deal in our minds as any of these four cards are keeper cards for the benefits they provide.
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