Which has the lower annual fee, American Express Aeroplan Card or World Mastercard?

The World Mastercard has a $75 annual fee, while the American Express Aeroplan Card charges $120/year.

Which card is better for groceries, American Express Aeroplan Card or World Mastercard?

The American Express Aeroplan Card earns 1.8x on groceries, while the World Mastercard earns 3x. The better choice depends on your grocery spending and the specific merchants you shop at.

Is the American Express Aeroplan Card accepted everywhere in Canada?

The American Express Aeroplan Card runs on the American Express network, which is not accepted at some Canadian retailers like Costco and Loblaws. Visa and Mastercard have broader acceptance in Canada.

American Express Aeroplan Card vs World Mastercard — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

American Express Aeroplan Card wins by $900/yr — strongest in travel

American Express Aeroplan Card earns $108 more on travel
American Express Aeroplan Card earns $94 more on shopping
$520 welcome bonus advantage

Travel: +$108Shopping: +$94Bills & Utilities: +$60

American Express Aeroplan Card: $30/yr in foreign transaction fees

American Express Aeroplan Card (Amex) — not accepted at Costco, Loblaws, No Frills, Walmart

World Mastercard: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

Winner

$1,771

/first year

4.2% effective$148/mo

vs 1% no-fee card: +$1,353

Annual rewards earned+$1,201

Welcome bonus+$720

FX costs−$30

Annual fee−$120

$871

/first year

2.1% effective$73/mo

vs 1% no-fee card: +$453

Annual rewards earned+$776

Welcome bonus+$200

FX costs−$30

Annual fee−$75

Best for your spendingAmerican Express Aeroplan Card—$1,771Year 1 value

+$900 more than World Mastercard

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Downgrade

Coming soon

The Bottom Line

American Express Aeroplan Card wins by $900/yr — strongest in travel

American Express Aeroplan Card earns $108 more on travel
American Express Aeroplan Card earns $94 more on shopping
$520 welcome bonus advantage

Travel: +$108Shopping: +$94Bills & Utilities: +$60

Showing Year 1 analysis

American Express Aeroplan Card wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

Found an error? Report incorrect data