Which has the lower annual fee, American Express Aeroplan Reserve Card or CIBC Aeroplan Visa Infinite Privilege?

Both cards have the same annual fee of $599.

Which card is better for groceries, American Express Aeroplan Reserve Card or CIBC Aeroplan Visa Infinite Privilege?

The American Express Aeroplan Reserve Card earns 2.7x on groceries, while the CIBC Aeroplan Visa Infinite Privilege earns 2.7x. The better choice depends on your grocery spending and the specific merchants you shop at.

Is the American Express Aeroplan Reserve Card accepted everywhere in Canada?

The American Express Aeroplan Reserve 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 Reserve Card vs CIBC Aeroplan Visa Infinite Privilege — Which Is Better? | Churnr

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

CIBC Aeroplan Visa Infinite Privilege wins by $258/yr — strongest in dining & restaurants

American Express Aeroplan Reserve Card earns $184 more on dining & restaurants
CIBC Aeroplan Visa Infinite Privilege earns $58 more on gas
$270 welcome bonus advantage

Dining & Restaurants: +$184Gas: +$58Bills & Utilities: +$43

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

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

CIBC Aeroplan Visa Infinite Privilege: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$2,601

/first year

6.2% effective$217/mo

vs 1% no-fee card: +$2,182

Annual rewards earned+$1,700

Welcome bonus+$1,530

FX costs−$30

Annual fee−$599

Winner

$2,859

/first year

6.8% effective$238/mo

vs 1% no-fee card: +$2,440

Annual rewards earned+$1,688

Welcome bonus+$1,800

FX costs−$30

Annual fee−$599

Best for your spendingCIBC Aeroplan Visa Infinite Privilege—$2,859Year 1 value

+$258 more than American Express Aeroplan Reserve Card

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Downgrade

Coming soon

The Bottom Line

CIBC Aeroplan Visa Infinite Privilege wins by $258/yr — strongest in dining & restaurants

American Express Aeroplan Reserve Card earns $184 more on dining & restaurants
CIBC Aeroplan Visa Infinite Privilege earns $58 more on gas
$270 welcome bonus advantage

Dining & Restaurants: +$184Gas: +$58Bills & Utilities: +$43

Showing Year 1 analysis

Year-over-Year

Year 1

CIBC Aeroplan Visa Infinite Privilege

by $258 — welcome bonus advantage

Year 2+

Too close to call

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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