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New Card: The American Express AeroplanPlus Reserve Card – It’s $899 and it ain’t worth it.

American Express just released a new credit card: The American Express AeroplanPlus Reserve Card (this is not a referral). It has an $899 annual fee, and a 50,000 Aeroplan Point sign-up bonus after spending $3,000 in 3 months. Frankly, it’s a terrible offer.