AMEX AIR MILES Reserve Credit Card Cash Value Calculator (Canada)

American Express AIR MILES Reserve Card

1x/$10 AIR MILES Partners
1x/$10 Grocery
1x/$10 Gas Stations
1x/$10 Drugstores
AIR MILES FlexFly
Companion Flight
Priority Pass
AMEX Travel Benefits

This page may contain links and/or referrals that would earn The Point Calculator points, miles, or other financial compensation. For more details, view the Advertising Policy.

The AMEX AIR MILES Reserve credit 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 and greater value through AIR MILES FlexFly.

Bonus Categories

The American Express AIR MILES Reserve Card features 4 bonus categories which are AIR MILES Partners, grocery stores, gas stations, and drugstores in Canada. There is no limit to the amount of points you can earn spending in these bonus categories and no limit to the amount of AIR MILES you can earn with the AMEX AIR MILES Reserve Card in general.

1x/$10 AIR MILES Partners

AMEX AIR MILES Reserve Cardholders will earn 1 AIR MILES Rewards Mile per $10 spent with AIR MILES Partners. AIR MILES has a decent list of partners. As of July 2019, these include:

  • Shell
  • Sobeys
  • Foodland
  • Sobey's Urban Fresh
  • Safeway
  • Metro
  • Rexall
  • Rona
  • Reno Depot
  • ACE Hardware
  • Lowe's Hardware
  • Budget Car Rental
  • Alamo Rent A Car
  • National Car Rental
  • Staples
  • Global Pet Foods
  • LCBO

1x/$10 Grocery Stores

AMEX AIR MILES Reserve Cardholders will earn 1 AIR MILES Rewards Mile per $10 spent on stand-alone grocery stores in Canada.

1x/$10 Gas Station

Purchases at stand-alone gas stations in Canada with the AMEX AIR MILES Reserve Card will earn 1 AIR MILES Rewards Mile per $10 spent.

1x/$10 Drugstores

Spending at drugstore in Canada with the AMEX AIR MILES Reserve Card will earn 1 AIR MILES Rewards Mile per $10 spent.

1x/$15 Non-Category

All other purchases on the AMEX AIR MILES Reserve Card outside of the categories listed above will earn 1 AIR MILES Rewards Mile per $15 spent.

Perks and Benefits

The AMEX AIR MILES Reserve Card comes with a few useful benefits for those who travel frequently and like to earn AIR MILES.

AIR MILES FlexFly

AMEX AIR MILES Reserve Cardholders will be able to book flights not available within the AIR MILES Flight program using AIR MILES Reward Miles or a combination of AIR MILES Reward Miles and the AIR MILES Reserve Card. This opens up a whole new window of possibilities and gives you a lot more choice when it comes to redeeming your hard earned points. These type of bookings are exclusive to AMEX AIR MILES Reserve Cardholders and can be booked by calling the AIR MILES Concierge line. When booking FlexFly Redemptions, 770 AIR MILES Reward Miles will give you $100 in value giving you a great value of 12 cents per AIR MILES Reward Mile.

Annual Companion Flight Benefit

Once a year, AMEX AIR MILES Reserve Cardholders will be able to bring a companion along when redeeming a flight for up to a maximum of 1,700 AIR MILES Reward Miles. For flights that cost more than 1,700 AIR MILES Reward Miles, members will be able to pull from their AIR MILES Dream Balance to cover the remaining miles needed for the Companion Flight Benefit.

Cover Flight Taxes/Fees

AMEX AIR MILES Reserve Cardholders will be able to use their AIR MILES Reward Miles to pay taxes and fees at the time of booking their flight. This is exclusive to AMEX AIR MILES Reserve Cardholders.

Business Class Seats

AMEX AIR MILES Reserve Cardholders will be able to redeem their AIR MILES Reward Miles toward Business Class seats.

Priority Pass

AMEX AIR MILES Reserve Cardholders will receive complimentary Priority Pass membership. This grants access to thousands of lounges all around the world and allows you to relax before and between flights.

Waived Flight Fees

AMEX AIR MILES Reserve Cardholders will have the flight administration fee waived when booking a flight online or with the AIR MILES Concierge team.

AIR MILES Onyx Status

AMEX AIR MILES Reserve Cardholders will be given complimentary AIR MILES Onyx Status. Onyx status is the highest tier in the AIR MILES program comes with increase discounts on flights and merchandise, the ability to use AIR MILES Dream Miles outside of the online categlog, exclusive access to events, and much more.

Toronto Airport Benefits

AMEX AIR MILES Reserve Cardholders will receive access to the Toronto Pearson Priority Security Lanes in Terminal 1 and Terminal 3. You will need to show your Reserve Card and a valid boarding pass to partake in this benefit.

Travel Coverage

AMEX AIR MILES Reserve Cardholders will receive great travel coverage. This includes, but is not limited to:

  • $100,000 Travel Accident Insurance
  • Car Rental Theft & Damage
  • Lost of Stolen Baggage Insurance
  • Flight Delay Insurance
  • Baggage Delay Insurance
  • Hotel/Motel Burglary Insurance
  • Emergency Medical Insurance (Out of country/providence)

Shopping Coverage

AMEX AIR MILES Reserve Cardholders will be given protection when making purchases with the Buyer's Assurance Protection Plan which extends the warranty one additional year and the Purchase Protection Plan which automatically insures your eligible purchases against accidental physical damage and theft.

AMEX Invites

AMEX Invites offers several benefits when it comes to the world of entertainment. This includes Front Of The Line Advanced Access and Reserved Tickets, special offers and experiences for cardmembers, and more. It's a great way to obtain tickets to great, exclusive events.

Sign Up Bonus

The standard sign up bonus for the AMEX AIR MILES Reserve Card is 2,400 AIR MILES Reward Miles after spending $3,000 on the card within the first three months of card membership. This has an easy value of $288 when you use FlexFly redemptions, but can be worth more or less depending on other redemptions.

Credit Card Fees

Fees
Annual Fee
Authorized User Fee
Foreign Transaction Fee

Annual Fee

The annual fee for the AMEX AIR MILES Reserve Card is $299 per year. With the annual companion option and the additional benefits that come with the card, you should be able to make up for the fee with ease.

Authorized User Fee

The authorized user fee for the AMEX AIR MILES Reserve Card is $50 per additional card. If you have friends or family that spend in the bonus categories on this card, I recommend adding them to help earn AIR MILES Reward Miles faster.

Foreign Transaction Fee

AMEX AIR MILES Reserve Cardholders will be charged for the conversion to Canadian Dollars based on interbank rates selected from customary industry sources on the date the transaction is posted to your account plus 2.50% for each charge.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any another rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Compare A Card
Select a card from the list below to compare it side by side against this card. You can search by card name (e.g. chase sapphire reserve, uber visa) or by rewards program (e.g. thankyou points, membership rewards points).
Currency Worth
This is the cash value of points and miles used in these calculations. You can click on the amount to change the value or you can select View Rewards As to calculate your rewards when transferred to partners.
View Rewards As...
-
0 Cent(s)
View Rewards As...
This section allows you to view your rewards as if you transferred them to a partner. Select a transfer partner below and the calculator will alter the calculator to reflect the transfer ratio and the reward currency of the receiving program. This only applies to the currency of the selected card. Not all programs have transfer partners. I also do not have the cash value of points and miles for all transfer partners.
-
Edit Value
Enter the cash value of these rewards in cents per point/mile. You can enter the value as X.XX cents or 0.0XXX cents. The maximum value allowed is 15 cents ($0.15) and the minimal value is 0.1 cents ($0.001).
Loyalty/Rewards Programs
Covers hotel loyalty status, status with bank rewards programs, and few others. These are added automatically based on card selection, but can be manually added as well.
/ Loyalty Programs
Add/Remove Loyalty Programs
Select which loyalty programs you want to include in the calculations. You will be able to select your status with the program and it will calculate additional points/bonuses based on what you enter in the calculator.
Loyalty Programs
Other Bonuses
All card card specific bonuses will be listed here. These are added automatically based on the selected card(s).
Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value. You can use +/- Categories to add and remove categories from the list and Options to copy spend between columns and clear all spend.
/ Categories
Options
Add/Remove Categories
Select which categories you want to appear in this calculator. You can search categories by typing in a keyword below. De-selecting categories will remove them from this calculator. Categories are changed once you hit 'Update'.
Currently Selected:
Deselect All
Clear Spend
This will clear the spend in all of the categories in both columns. This will also clear all saved values.
Copy Spend
Copy Right will take the spend from the left column and copy it to the right column. Copy Left will take the spend from the right column and copy it to the left column. The spend amount ($) and unit of time (month, day, quarter) will be copied over.
Loading...
Reward Bonuses
This section holds sign up bonuses, loyalty bonuses, and bonus bonuses. Most bonuses here will be listed automatically based on certain criteria. You can click 'Extra Bonus' if you wish to enter your own bonus amount.
Extra Bonus
Any additional bonuses you wish to add such as a sign up bonus or point bonus for adding authorized users
-
Total Earnings
Sum of all rewards above this line.
Cash Value of Earnings
Based off of currency worth.
Use Rakuten when booking travel and shopping online to earn additional cash back on top of your reward points. Rakuten sends you directly to your favorite sites so you can shop as you normally would. It's easy! Sign up and earn $10 with your first purchase!
Calculator Continues Below
Monetary Bonuses/Perks
This is a list of cash perks and bonuses associated with the selected card(s). Some perks will be listed here automatically. You can click on 'Perk Bonus' if you want to add additional value for the card.
Perk Bonus
Enter how much you value any unmentioned perks this card offers.
$0
Annual Fees
This section contains the annual fee and authorized user fee (if applicable) to hold on to the listed card(s).
$0
Edit Fees
Edit the annual fee and authorized user fee of the Card (if applicable).
Annual Fee: -
Auth Fee: -
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card when everything is taken into account.
$0
Total Return
The percent you are earning per dollar spent on this card.
-

Recent News/Articles


Page Last Updated: 2019-07-11

Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. You can read our Private Policy to learn more.

Advertiser Disclosure: Advertisements are listed throughout this site. I may be compensated if you choose to use any of the links on this page. This includes, but is not limited to, making purchases, signing up for programs, and applying for credit cards. You can view the details of that on our Advertising Policy page.

About These Calculators: These calculators are provided to help you estimate the value of points, miles, and cash back you can earn with various rewards programs and using reward earning credit cards. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.


The Point Calculator is owned by RF3 LLC. This site is informational and meant to provide help in calculating points with various programs. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinion of the owner and should not be relied upon for individual circumstances.

2019 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. All Rights Reserved.