American Express® AIR MILES® Reserve Credit Card Value & AIR MILES Calculator

American Express® AIR MILES® Reserve Credit Card

The AMEX AIR MILES Reserve Card is the highest tier AIR MILES card that American Express offers. It earns AIR MILES Reward Miles on great everyday categories such as grocery, gas, and drugstores while suppling great travel benefits such as an annual companion pass, Priority Pass, and waived fees.

Rewards Rates

Earn 1 mile for every $10 spent at AIR MILES partners (excludes purchases made at
Earn 1 mile for every $10 spent at eligible grocery stores, gas stations, and drugstores in Canada.
Earn 1 mile for every $15 spent in card purchases everywhere else.

Key Cardholder Benefits

  • Once per year when redeeming rewards for any flight within the AIR MILES Rewards program, you can bring a companion along for up to a maximum of 1,700 AIR MILES Rewards Miles. For flights that cost more than 1,700 AIR MILES Rewards Miles, you will be able to pull from your AIR MILES Dream Balance to cover the remaining miles.
  • As an AMEX AIR MILES Reserve Cardholder, you will be able to redeem your Miles to pay for taxes and fees payable at time of booking your flight redemptions.
  • Enroll and enjoy complimentary Priority Pass membership which gives you access to over 1,200 lounges worldwide.
  • When booking travel online or with the AIR MILES Concierge team, the AIR MILES flight administration fee payable at time of booking will be waived.
  • Expedite your way through security by simiply presenting your card and valid boarding pass to access the Pearson Priority Security Lanes in Terminal 1 and Terminal 3.
  • Enjoy complimentary Onyx Status in the AIR MILES Rewards program.
  • Be protected with car rental theft/damage insurance, flight delay insurance, baggage delay insurance, hotel/motel burglary insurance, and more.

Rewards Value

Redemption Option Redemption Value (in cents)
Dream rewards used for short-haul and last minute flights (dream rewards) 15 - 20
Dream rewards used for car rentals 13 - 15
AIR MILES redeemed as cash rewards 10.5
Dream rewards used for standard flights 10 - 15
Dream rewards redeemed for merchandise 9 - 13
Dream rewards used to book hotels 9 - 11

AIR MILES are worth 10.5 cents each when redeemed as Cash Rewards and worth anywhere from 9 to upwards of 20 cents each when redeemed for Dream Rewards.

Annual Fees

The AMEX AIR MILES Reserve Card has a $299 annual fee. It will cost $50 per year for each additional AIR MILES Reserve Credit Card added to the account.

AIR MILES Calculator

Input your monthly and yearly spend amounts to find out how many AIR MILES you can earn with the AMEX AIR MILES Reserve Card. Compare the results side by side up to 2 credit cards to find out which cards are best for you.

Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards.

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Our Credit Card Rewards calculator can help you find the credit cards that will earn you the most points, miles and cash back based on your monthly and yearly spending habits. Simply enter your spend amounts into our tool and let our tool do the work for you!