 Hello everyone this is financial author Amit Dan of amitdan.com on this channel you'll find financial travel and more videos just like the one you're watching right now. If you like what you see please give me a thumbs up and consider subscribing. Hello everyone this is financial author Amit Dan of amitdan.com. Today I'll have another episode of unboxing and great card review video and I'll be presenting the American Express airplane plus gold card. The American Express airplane plus gold card is very comparable with the TD airplane visa infinite and CIBC air gold visa infinite card. So I'll talk about that as well after the unboxing and I'll talk about some features and benefits of this card and I'll compare some of the benefits of the American Express airplane plus gold card with other airplane card. So let's start with the unboxing first so take out the great card. So this great card has $120 an old fee and I'll go over some more details which should be inside the box. So let's take it out here. So here's the full package so it came in an envelope like this it's not that big it's just a standard envelope. So I'll sit this aside here. So your new American Express card has arrived. So this is the main letter and the card is going to be inside here so which I'll set aside for now. Let's look at the manual or the brochure which comes along with the card. So here we have important information about insurance. Okay so it looks like there's an insurance disclosure. So some of the changes here I don't need to go into details about those. So I'll just set it aside here for now and let's take a look here. So we have table of contents and certificates of insurance. So this is going to be a very important piece of document and we'll take a look at what type of insurance this card covers. And they have a listing of all the major insurances the card is covering. For example flight and baggage delay and motel burglar insurance, lost or stolen baggage insurance, travel accident insurance, car rental theft and damage insurance, buyer assurance insurance protection plan, purchase protection, customer service numbers. So let's take a look at flight and baggage delay here. So it starts after six hours of arrival and the maximum coverage of any occurrence is $500. Some of the credit cards actually starts after four hours. So this is two hours extra. I would prefer those which have four hours and its amount is low too. It's $500 per occurrence. Let's take a look at coverage E coverage a missed connection. So this one actually they have here. So this one has actually four hours delay and coverage B is delayed flight departure or denied boarding. Again, this one is four hours as well. And I don't see any amount here. Okay, so for some of these they're not giving any amounts right here, but it must be somewhere else. So I'll see what else I can find. Okay, so here lost or stolen baggage insurance. See right here the maximum payable for any one occurrence is up to $500 for all insured persons combined, which is low. So some of the other curves they would give you more than this amount. So for example, I think I've just seen somewhere $1500 all combined, 500 each person. So in terms of insurance coverage, this is not, it doesn't have that strong insurance. And let me just take a look here. I don't see anything else and travel accident insurance, which is $500,000, which is fairly standard. This one is usually the same for most of the great cars. I've seen a car rental theft and damage insurance here and buyer's insurance and protection plan. Indemnification for losses limited to maximum $10,000 per item and not to exceed $25,000 per car number per policy year for all occurrences. Okay, so this one is actually not that bad. Purchase protection plan. And that's it. Okay, looks like that's all. I don't see any trip cancellation, trip into refinance here. So most I have a feeling this card doesn't provide those. We just said it is set for now and let's see what other stuff we have here. So this is a welcome brochure. Welcome the American Express Aeroplan Plus Gold Card and table of contents benefits. So you're earning one airplane per dollar up to $10,000 annually. And you're earning 1.25 airplane once you exceed $10,000 purchase annually. Okay, so card benefit, no preset spending limit. Okay, so the other thing to mention that this card actually is not a credit card. It's a charge card. So the difference between a credit card and charge card is that for this, you have to pay the balance every month. You cannot carry over the next month. If you do, there's a hefty interest charge which they mentioned somewhere in here. But charge card are meant to be paid off every month. So you're not supposed to carry balance to the next month. Okay, so now here we have just some other information. Okay, so here they're just telling you the same thing. One point per one mile per dollar up to $10,000, 1.25 over $10,000. And here, I don't say anything else. And these are airplane partners. These are hotel partners which give you airplanes. So there's some numbers here and card benefits, no preset spending limit. Or more airplane mass with two free supplementary cards. Okay, so one of the features this card has which I like is that you can get a supplementary card, up to two cards actually, not even one, two additional cards or supplementary cards for free. So which is a good option. Most other airplane credit cards, they'll charge you I believe $50 per supplementary card. But here you're getting two for free, which is not a bad option. And here again, summary of charges. That's another good option. Although I don't know how many people will be actually looking at it. Interest benefit. Okay, so here it looks like they have a summary of interest benefit. And let me see if I can extract some more information from here. Okay, so as much as you prepare for trip. Unfortunately circumstances may arise. Okay, so card theft and damage insurance. Actually they're giving an amount here. The amount is up to $85,000, which is very good. Flight deal insurance and looks like the summarized here. And then here you'll receive up to $5,500 coverage for all necessary and reasonable hotel, motel and restaurant expenses. So this is the flight delay. And here baggage deal insurance, again $500 coverage, aggregate maximum. Okay, so this coverage are actually lower than if you compare with other cards. Other cards would give you $500 per person. And then they have a limit of either $1,500. Some cards have $2,500 for all planned members. So this one looks like $500 for everyone, total. Lost and stolen baggage insurance. Okay, so this one is $500 per trip for all insurance person combined. And hotel motel burglary is $500 for everyone. This is low tip. Some cards which give hotel motel burglary, for example, RBC Visa Infinite or RBC British Airways card. They have actually more amount here, I believe. Okay, so let me just make sure of everything. I don't see anything here. $500 travel accident, buyer's insurance protection plan. So this is just to extend one additional year when you buy something. So whenever you buy something, usually they come with one year manufacturer's warranty. But if you have a credit card that provides this insurance plan, you're covered for two years. So which is one additional year. So this is a good option to have. And purchase protection plan. This is due to accidental loss, damage or theft or anything. And other services travel emergency assistance and emergency card replacement. Okay, so here is the thing. This card doesn't is not giving you trip cancellation, tripping introduction insurance, which are two vital parts of any travel credit cards. So that's a big negative thing here. And another thing you're not getting here is the concierge service. I value concierge service a lot. They can arrange everything for you and they can answer any questions you may have, even if they're non-travel or if they're not travel related. And they can help you anything. If you're stranded anywhere on earth or if you're in a foreign country, they can help you with most of the things. So this card doesn't have any concierge service. That's a big negative point. So it looks like that's all we have here. And here is the card agreement. So here, actually, there's not much. So it's just, you know, tells you all the things you have to go by, all the rules and regulations of this card and what you may receive or not receive from the card. So I'll just set aside for now. And that's all we have. Now let's go back to our card. Okay, so here we will open the introductory letter. And let's look at the back of this letter. So we have a blank page here. And then here we have initial credit limit as a charge card. There is no preset credit limit interest rate. If you actually do carry over, it's going to be 30% interest, but it's not recommended. And a minimum payment shown for an currency conversion 2.5%, which is standard for most of the cards. And also $120. And that looks like it here. So let's take out the card and then switch over. Okay, so I have the card in my hand right now. And here is the American Express airplane plus gold credit card. Just bring a little closer. Okay, so here again, American Express airplane plus gold credit card. And the card is not bad looking. It looks good. It has slightly yellowish touch. So that makes it look, you know, elegant card. And I'll set aside for now. So let's talk about whether this card, how does this card compare with two other same standard airplane credit card, which is TD visa infinite, TD airplane visa infinite credit card and CIBC arrow gold visa infinite credit card. Those two cards have $120 an offer as well. And the benefits with those two cards is that you're getting 1.5 miles on three separate categories, which is gas, grocery and I believe pharmacy. So these three categories with TD and CIBC airplane card, you're getting 1.5 points instead of one point. So that's an accelerated rate of earning. With this card, you have no accelerated rate of earning unless you pass $10,000 of spending. So that's a big plus point for those two cards. And the other important thing about those two cards is that they have full insurance coverage and they have trip cancellation, trip interruption, and also they have concierge services, which is visa infinite concierge, one of the best concierges in the world. So with this card, you're not getting any concierge services. So what we're missing with this card is the accelerated point earning category. Actually, I'm sorry, the TD and CIBC has one more category where you can earn 1.5 miles per dollar, which is if you purchase something from Air Canada website. So if you purchase Air Fair or some other items, then that one considers as an accelerated category as well. So with this card, it has to be above $10,000 to spend. So in terms of which one to pick, if you are looking to earn more on those categories and if you're looking for full insurance coverage and benefits and concierge services, then I would go with those two cards. And this card is only good because it's a charge card. It's not a trade card. And if you have additional family members or if you'd like to give supplementary cards and don't want to pay $50 each, then this card could be an option because it's free for up to two supplementary cards. Another thing I forgot to mention that all cards, they have standard 15,000 bonus points. But with this card, there's a spending limit, a spending requirement. So you have to spend $1,500 within 90 days to get the 15,000 bonus points. But with TD and Airplan, actually there's no spending limit. You just charge first time. You just buy something with your trade card and you're going to get the bonus points. And also time to time, I have seen TD running additional bonus points instead of they give you 25,000 or 20,000 Airplan miles instead of 15,000 miles. So that's another good option if you're looking for extra miles when TD runs promotion. I haven't seen Airplan, CBC, Airgold running any promotion for a while. So at this point I doubt that it's going to happen because they're right now concentrating on their own proprietary trade card instead of Airplan trade card after the last trade card Airplan contract to TD. So basically that's all for the American Express Airplan plus Gold trade card. There will be more trade card videos coming up shortly. If you like what you see, please give it a thumbs up and consider subscribing. And also if you're wondering if the card is lacking all these features, why I am taking, why I have this card, the answer is I have a trip coming up to Australia and New Zealand at the end of this year. And I'm short of several thousand Airplan miles. So I'm actually obtaining a few Airplan trade cards to cover the requirements because my plan is to fly a business class as much as possible from Toronto to Australia and New Zealand and coming back. Although it may not be possible for the whole trip because of if the inner rewards sits availability but I'll try to see if I can make that booking. This is by far the most difficult trip plan to go to Australia or New Zealand and come back flying business class because it's a very enough distant land and ticket or Airplan or Rewards availability is not enough unlike other short distant locations. I'll keep you updated on those and I'll let you know once the time comes just like my last Asia trip which I flew business class round trip. So I'll talk about those later on in future videos. Thank you for watching and I'll see you shortly.