About American Express® AIR MILES® Reserve Credit Card
An American Express® AIR MILES® Reserve Credit Card is a credit card with reward-earning opportunities from AIR MILES®, exclusive travel perks, and valuable insurance coverage included.
American Express® AIR MILES® Reserve Credit Card features
An American Express® AIR MILES® Reserve Credit Card features a 20.99% interest rate on purchases and 21.99% on funds advances.
The annual fee for an American Express® AIR MILES® Reserve Credit Card is $299. You can also issue up to 9 supplementary cards for $50 per card annually.
As a welcome bonus for New American Express® AIR MILES®* Reserve Credit Card clients, you can earn 2,400 AIR MILES® Reward Miles for spending $3,000 in the first three months.
For purchases made with your American Express® AIR MILES® Reserve Credit Card at participating AIR MILES®* Partners (except airmilesshops.ca), grocery stores, gas stations, and drugstores, you will earn 1 AIR MILES Reward Mile for every $10 spent. For other eligible purchases, you will earn 1 AIR MILES Reward Mile for every $15 spent.
When using both your American Express® AIR MILES® Reserve Credit Card and your AIR MILES® Card to earn Miles at participating AIR MILES® Partners, you can earn AIR MILES Reward Miles twice.
You can further redeem AIR MILES Reward Miles you’ve earned towards merchandise, tickets to different events and experiences, flights, hotels, cruises, vacation packages, and car rentals. When redeeming your AIR MILES Reward Miles for flights, you can use your Miles to pay for flight taxes and fees.
American Express® AIR MILES® Reserve Credit Card cardholders automatically receive Onyx status providing access to exclusive events, flight discounts, and cash rewards.
American Express® AIR MILES® Reserve Credit Card cardholder can get the advantage of American Express benefits, including:
-
Exclusive Annual Companion Flight Benefit providing up to 1,700 AIR MILES®* Reward Miles towards a Companion Flight for the same itinerary
-
Priority PassTM providing access to airport lounges around the globe
-
Access to the expedited Pearson Priority Security Lane at Toronto Pearson International Airport
-
American Express® Experiences providing access to presale and reserved tickets to a variety of events, as well as various onsite benefits
Just like most other American Express cards, an American Express® AIR MILES® Reserve Credit Card qualifies for Plan It™ — the American Express® Installment Program. With Plan It™, you can convert your purchases of $100 and more into monthly installments with a fixed monthly installment fee instead of interest charged.
Insurance coverages included in an American Express® AIR MILES® Reserve Credit Card are out-of-province or country emergency medical insurance, travel accident insurance, flight delay insurance, baggage delay insurance, hotel burglary insurance, lost or stolen baggage insurance, car rental theft and damage insurance, Buyer’s Assurance® Protection Plan, and Purchase Protection® Plan.
Pros and cons
Here are the advantages of an American Express® AIR MILES® Reserve Credit Card:
-
Reward-earning opportunities from the AIR MILES Reward Program
-
Exclusive privileges from American Express
-
Extensive insurance coverage
-
Eligibility for Plan It™
-
24/7 customer service
-
Credit card protection capabilities
Still, there are certain disadvantages:
-
A $299 annual fee
-
The lack of mobile device insurance
How to apply for an American Express® AIR MILES® Reserve Credit Card
You can apply for an American Express® AIR MILES® Reserve Credit Card online by clicking the “Apply Now” button on its description page and filling out an application form with the following details:
-
Your first name
-
Your middle name
-
Your last name
-
Your name on the card
-
Your email
-
Your date of birth
-
Your postal code
-
Your social insurance number (optional)
-
Your phone number
-
Your address
-
Your personal annual income
-
Your other household income
-
Your employment status
-
Your employer name
-
Your work phone number
During the application process, you will need to create a PIN and specify whether you want to receive Online-Only Statements, order supplementary cards, or add AMEX® Account Protector Ultimate.
To complete your application, review your information, agree to the terms and conditions, and click the “SUBMIT” button.