AMEX AIR MILES Reserve Credit Card

The AMEX AIR MILES Reserve Credit Card has an annual fee of $299. If you are considering applying for this card, you should be prepared to make the most of its benefits. This card is most advantageous for travel-related expenses. It offers a variety of travel benefits such as lounge access, priority pass, insurance, and more. Additionally, the card provides access to the Air Miles rewards program, which translates to approximately 1-2% of the value you spend.

Card Summary:

The credit card has an annual fee of $299, and an additional cardholder fee of $50. The purchase rate is 20.99%, and there is a bonus offer for Air Miles rewards.

Rewards Summary:

• Get a welcome bonus offer of 2,400 Air Miles when you spend $3,000 on purchases within the first 3 months of opening and activating an account.
• Earn 1 Mile for every $10 spent at Air Miles partners, grocery stores, gas stations, and drug stores.
• Also earn 1 Mile for every $15 spent everywhere else.
• You can double your points by using this credit card along with your Air Miles card.
• The rewards ratio is approximately equal to getting back 1%-2% of the value.

Benefits Summary:

Enjoy these exclusive benefits with your membership:

– Companion Flight Benefit: Earn up to 1,700 bonus miles when you book a companion flight.

– Flexible Miles Redeeming Program: Easily use your miles for a variety of rewards.

– Priority Pass with Airport Lounge Access: Relax and unwind in airport lounges before your flight.

– Access to Pearson Priority Security Lane: Get through airport security faster for a smoother travel experience.

– American Express Experiences: Enjoy special offers in entertainment, dining, retail, and wellness.

– Emergency Card Replacement: Quickly replace your card if it is lost or stolen.

– Fraud Protection: Rest easy knowing your card is protected against unauthorized charges.

Insurance Summary:

• Travel Medical Insurance.
• Baggage Insurance.
• Trip Cancellation
• Trip Interruption
• Flight Delay
• Auto Rental
• Accident Insurance
• Buyer’s Assurance Protection Plan
• Purchase Protection Plan
• Hotel Burglary

Remember this: A travel credit card with a high annual fee of $299, but it offers numerous rewards and benefits, making it possible to recoup the annual fee quickly. It also allows you to earn air miles for every $15 spent or less, helping you accumulate air miles rapidly.

Editor’s Review of the AMEX AIR MILES Reserve Credit Card

The AMEX AIR MILES Reserve Credit Card is a premium travel credit card that comes with an annual fee of $299. For frequent travelers and Air Miles enthusiasts, this card offers a robust set of benefits designed to enhance travel experiences and provide substantial rewards. Here’s a detailed breakdown of what you can expect with this card:

Annual Fee and Interest Rates

• Annual Fee: $299
• Additional Cardholder Fee: $50
• Purchase Rate: 20.99%

The annual fee is on the higher end, but the extensive benefits and rewards program can help you quickly recoup this cost if you leverage the card’s offerings effectively.

Welcome Bonus

• Bonus Offer: Receive up to 2,400 Air Miles when you spend $3,000 on purchases within the first 3 months.

This generous welcome bonus can provide a significant boost to your Air Miles balance right from the start, making it easier to access rewards sooner.

Rewards Program

• Earning Miles:
  • 1 Mile for every $10 spent at Air Miles partners, grocery stores, gas stations, and drug stores.
  • 1 Mile for every $15 spent everywhere else.
  • Potential to double points by using the AMEX AIR MILES Reserve Credit Card alongside your Air Miles card.

The card’s earning structure is attractive, particularly for those who frequently shop at partnered retailers. The rewards ratio equates to approximately 1%-2% of your spending value, which is competitive in the travel rewards market.

Exclusive Benefits

• Companion Flight Benefit: Earn up to 1,700 bonus miles when booking a companion flight.
• Flexible Miles Redeeming Program: Use your miles for various rewards with ease.
• Priority Pass with Airport Lounge Access: Enjoy access to airport lounges for a more comfortable travel experience.
• Pearson Priority Security Lane: Expedite your security screening at Pearson Airport.
• American Express Experiences: Access special offers in entertainment, dining, retail, and wellness.
• Emergency Card Replacement and Fraud Protection: Benefit from prompt card replacement and protection against unauthorized charges.

The combination of these benefits makes traveling more convenient and enjoyable, providing value beyond mere mile accumulation.

Insurance Coverage

The AMEX AIR MILES Reserve Credit Card comes with comprehensive insurance coverage, which includes:

• Travel Medical Insurance
• Baggage Insurance
• Trip Cancellation Insurance
• Trip Interruption Insurance
• Flight Delay Insurance
• Auto Rental Collision/Loss Damage Waiver
• Accident Insurance
• Buyer’s Assurance Protection Plan
• Purchase Protection Plan
• Hotel Burglary Insurance

This extensive insurance package offers peace of mind, ensuring that cardholders are well-protected during their travels.

Conclusion

The AMEX AIR MILES Reserve Credit Card is an excellent choice for avid travelers who can maximize the card’s travel-related perks and rewards. While the $299 annual fee is considerable, the combination of welcome bonuses, mile-earning potential, exclusive travel benefits, and comprehensive insurance coverage provides substantial value. If you frequently travel and spend at Air Miles partners, this card can significantly enhance your travel experience and reward you generously for your spending.

View other Travel Credit Cards.

View other AMEX travel credit cards.

Disclaimer: Refer to the credit card official web page for the latest up to date rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.