RateBuddy Verdict
The Good
- The only no-fee card in Canada that allows 1:1 point transfers to major airline programs like Aeroplan and Avios.
- Currently features an elevated welcome bonus of 15,000 points ($150 value) for a relatively low spend requirement.
- Includes high-end "Amex Experiences" perks like Front Of The Line® access usually reserved for premium cards.
The Trade-offs
- Completely lacks travel insurance (no medical, flight delay, or car rental coverage).
- Earning rate is limited to a flat 1 point per dollar, with no accelerated category multipliers.
Rewards & Earnings
Groceries
1%
Dining
1%
Gas
1%
Travel
1%
Recurring Bills
1%
Base Rate
1%
Rewards Summary:
Earn 1X points on every $1 spent on all eligible purchases. Earn 1 additional point per $1 on Amex Travel Online hotel and car rental bookings.
Welcome Bonus Details
Earn 15,000 Membership Rewards points ($150 value) when you spend $1,250 on your Card in the first 3 months.
Estimated Value: $150
Features & Benefits
No Annual Fee
No annual fee for life
Metal Card
Made with 99% recycled plastic
Extended Warranty Insurance
Buyer's Assurance extends warranty 1 year
Purchase Security Insurance
Purchase Protection for 90 days
Special Event Access (e.g., Front Of The Line)
Front Of The Line® access
Insurance Coverage
Includes Purchase Protection (90 days, $1,000 per occurrence) and Buyer's Assurance (extends warranty up to 1 year).
Rates, Fees & Eligibility
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 21.99% |
| Annual Fee | $0 |
| Grace Period | 21 days |
| Income Required | No specific requirement listed. |
| Recommended Credit Score | — |
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Filed Under
No Annual Fee
Rewards
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