Amex Aeroplan Card
A solid entry Aeroplan card, usually judged against the TD Aeroplan Visa Infinite on acceptance vs. bonus size.
- Annual fee
- $120
- Welcome bonus value (full offer)
- ≈ $855 Up to 45,000 Aeroplan points (35,000 on $7.5K/6 mo + 10,000 on $1K in month 13)
- First-year net value
- ≈ $545
- Interest rates
- 30% (charge card — balance due in full monthly; 30% applies to overdue balances)
Direct issuer link — details verified 2026-07-25
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Standard Score breakdown
StrongSix weighted components, each rated 0–10. “Contributes” is the rating × weight — add all six and you get a raw 6.53/10, published as 6.5/10.
Evidence behind each input
The facts are structured; the rating remains an editorial judgment. Open any component to audit what was considered without mistaking the evidence for an automatic formula.
First-year value6.5/10
The published first-year net value maps directly to the executable anchor ladder.
- $545 first-year net value maps to a 6.5/10 baseline.
- Published first-year input: 6.5/10, matching the baseline.
- The largest structured year-one offer threshold is $7,500 of spend.
- The offer includes value that lands after year one and is excluded from first-year net value.
Ongoing value6.0/10
This input judges recurring earn and cash-like credits after the annual fee; the welcome offer and non-cash perks are excluded.
- $120 annual fee.
- Published earn: 2x — Air Canada and Air Canada Vacations; 1.5x — Dining and food delivery; 1x — Everything else.
- No cap is stated in the structured earn rows.
Flexibility6.0/10
This input judges how easily Aeroplan can become useful value without forcing one narrow redemption path.
- Reward currency: Aeroplan.
- Flexibility evidence: Preferred pricing on Aeroplan redemptions
Perk usability7.5/10
This input credits non-cash benefits at realistic use, separate from cash-like credits already counted in ongoing value.
- No airport lounge access.
- 3 published insurance benefits: Travel accident; Flight/baggage delay; Rental car coverage.
Low friction6.5/10
This input combines network acceptance, caps, conditions, eligibility, and operational effort; a higher rating means less friction.
- American Express acceptance; 2.5% foreign-transaction fee.
- No published income minimum.
- Practical constraint: Amex acceptance gaps
Strategic fit7.0/10
This input asks whether the card fills a distinct role in a small wallet rather than duplicating another card; redemption quality is not counted again here.
- Ranking roles: aeroplan.
- Fit case: Aeroplan collectors who want the entry Amex with a checked-bag perk.
- Main conflict: Your grocery stores don't take Amex — the TD equivalent earns on a Visa.
See how the Standard Score works or re-weight it to your priorities.
Earn rates
| Category | Rate |
|---|---|
| Air Canada and Air Canada Vacations | 2x |
| Dining and food delivery | 1.5x |
| Everything else | 1x |
Included insurance
Travel accident · Flight/baggage delay · Rental car coverage
Why it earns its score
- Direct Aeroplan earning at a mainstream fee
- Free first checked bag on Air Canada
- Preferred pricing on Aeroplan redemptions
Where it loses points
- Amex acceptance gaps
- Reserve and TD Aeroplan VI both out-perk it for flyers who check bags often
Who it’s for
Aeroplan collectors who want the entry Amex with a checked-bag perk.
Who should skip it
Your grocery stores don't take Amex — the TD equivalent earns on a Visa.
The bottom line
Standard Score 6.5/10 — Strong. We estimate ≈ $545 in first-year net value after the $120 fee.
Direct issuer link — no commission shapes this review
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Renewal math
Should you keep this card?
The welcome offer only lands once — so the keep-or-cancel question is whether the $120 fee still pays for itself on earn alone. Enter your monthly spend to see the recurring math.
~$353/year in rewards at this spend − $120 fee = $233/year
The fee pays for itself at this spend — keeping it is defensibleAt this spending mix, the card breaks even around $460/month on the card. Below that, the fee stops earning its keep.
Estimates price your spend at the card’s published earn rates and our Points Standard Index valuations; they ignore category earn caps and any retention offer the issuer might make if you call. Perks you actually use — insurance, lounge visits — are value on top of this math, so weigh them before cancelling.
Welcome-offer history
We’ve tracked this card’s welcome offer since Jul 11, 2026 and log every change, so you can judge whether today’s offer is genuinely strong or just loudly advertised.
| Offer | Est. value | Recorded | Status |
|---|---|---|---|
| Up to 45,000 Aeroplan points (35,000 on $7.5K/6 mo + 10,000 on $1K in month 13) | ≈ $855 | Jul 25, 2026 | Current |
| Up to 45,000 Aeroplan points (35,000 on $7.5K/6 mo + 10,000 on $1K in month 13) — offer ends July 28, 2026 | ≈ $855 | Jul 12, 2026 – Jul 25, 2026 | Replaced |
| Up to 45,000 Aeroplan points (35,000 on $7.5K/6 mo + 10,000 on $1K in month 13) — offer ends July 28, 2026 | ≈ $945 | Jul 11, 2026 – Jul 12, 2026 | Replaced |
Source: issuer card page · Last reviewed 2026-07-25. Details change often — confirm current terms with the issuer before applying.
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