American Express Aeroplan Business Reserve Card
American Express · American Express
Business owners who fly Air Canada often and want lounge access plus accelerated Aeroplan status.
VaultNerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
Essentially the Aeroplan Reserve for businesses, with even faster status earning. A top pick for entrepreneurs whose travel runs through Air Canada.
Reward rates
Air Canada & Air Canada Vacations | 3x |
Hotels & car rentals | 2x |
Everything else | 1.25x |
VaultNerd values these points at ~2¢ each.
Welcome bonus
Up to 90,000 Aeroplan points (65,000 in year one plus 25,000 in month 13); first-year value reflects the 65,000 points
Requirement: Spend $10,500 in the first 3 months (65,000 pts), plus $3,500 in month 13 (25,000 pts)
Pros
- Fastest route to Aeroplan Elite status thanks to generous SQC earning
- Full premium Air Canada perk set: lounges, priority services, companion pass
- Strong insurance suite for business travel
Cons
- High $10,500 initial spend requirement
- $599 fee plus $199 per additional card
Perks
- Air Canada Maple Leaf Lounge access for you and a guest, plus Priority Pass access to 1,200+ lounges
- Air Canada priority check-in, boarding and baggage handling, plus free first checked bag for up to 9 travellers
- Annual Worldwide Companion Pass (base fare from $99) with $25,000 annual spend
- 1,000 Status Qualifying Credits per $5,000 spent (up to 25,000 SQC), the fastest SQC earn on an Aeroplan card
- Up to $100 NEXUS credit every 4 years, Toronto Pearson valet/parking perks and Avis President's Club
- Option to carry a balance or pay in full each month
Insurance
- Travel emergency medical $5,000,000 (15 days, under age 65)
- Trip cancellation $1,500 and trip interruption $1,500
- Travel accident insurance $500,000
- Flight delay, baggage delay and lost/stolen baggage ($1,000 each)
- Rental car theft and damage (vehicles up to $85,000, 48 days)
- Hotel/motel burglary $1,000
- Purchase protection (90 days) and extended warranty (+1 year)
Frequently asked questions
Is the American Express Aeroplan Business Reserve Card worth it?
It charges a $599 annual fee, and we rate it 4.3 out of 5. It's best suited to business owners who fly Air Canada often and want lounge access plus accelerated Aeroplan status. The welcome bonus is worth roughly $1,300, which covers the first year for many people. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the American Express Aeroplan Business Reserve Card earn?
It earns 3x on air canada & air canada vacations, 2x on hotels & car rentals and 1.25x on everything else. We value these points at about 2¢ each, so the top rate works out to roughly 6.0% back.
What credit score do you need for the American Express Aeroplan Business Reserve Card?
We'd suggest a score of around 780 or higher, which puts approval in our "hard" band. This is a VaultNerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed June 2026 · How we research
“American Express Aeroplan Business Reserve Card Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/amex-aeroplan-business-reserve, updated June 2026.
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