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- Earn up to 100,000 bonus points
- Earn 75,000 points after you spend $4,000 on purchases in the first 3 months your account is open.
- Plus, 25,000 points after you spend $20,000 on purchases in the first 12 months.
- $95 Annual Fee
- Redeem points for both international and domestic flights with the Aeroplan® Credit Card.
- Fly to another continent and travel the world with the Aeroplan® Credit Card.
- Earn 3X points for each dollar spent at grocery stores, on dining at restaurants, and Air Canada directly. Earn 1X point for each dollar spent on all other purchases.
- 500 bonus points for every $2,000 you spend in a calendar month - up to 1,500 points per month.
- Member FDIC
- 3x points on dining, including takeout and eligible delivery services
- 3x points at grocery stores
- 3x points directly with Air Canada
- 1x point on all other purchases
Aeroplan — Air Canada's loyalty program — has offered a variety of credit cards in Canada for years now. However, Aeroplan only ventured into the U.S. market at the end of 2021 with the launch of the Chase-issued Aeroplan® Credit Card. Since the card's launch, the welcome bonus has changed several times. The current welcome offer is one of those times when it's changing in your favor, so right now might be a great time to apply.
New applicants for the Aeroplan Card can earn up to 100,000 bonus points over the next 12 months, thanks to a two-tier welcome bonus on the card. While the spending required to unlock the full bonus might appear high, looking at it in monthly bits can help to defray some of the sticker shock.
Here's a look at the key benefits and the juicy new bonus offer on the Aeroplan Card to help you decide whether you should apply.
Earn up to 100,000 bonus points With the Aeroplan Card
Eligible new applicants to the Aeroplan Card can earn up to 100,000 bonus points – 75,000 points after you spend $4,000 on purchases in the first 3 months your account is open, plus 25,000 points after you spend $20,000 on purchases in the first 12 months. Since you get 12 months to unlock the full bonus, that's an average of $1,667 of spending per month for the next year.
How much is this bonus worth? Consider data from recent AwardWallet user redemptions:
- Average value per point: 1.91¢
- Average value for economy/premium economy redemptions:
- Short-haul awards: 1.27¢
- Long-haul awards: 1.37¢
- Average value for business- and first-class awards:
- Short-haul awards: 2.62¢
- Long-haul awards: 2.56¢
Even if you use a modest valuation of 1.3 cents per point, the up to 100,000 bonus points bonus is worth $1,300. Use your Aeroplan points for award bookings in premium cabins and you can boost that value much higher.
Aeroplan Card Highlights
- Annual fee of $95.
- Earn 3x points for each dollar spent on grocery stores, dining at restaurants including takeout and eligible delivery services, and Air Canada directly and 1x points for each dollar spent on all other purchases.
- 500 bonus points for every $2,000 you spend in a calendar month — up to 1,500 points per month.
- 10% bonus on points transfers of 50,000 or more points from Chase Ultimate Rewards to Aeroplan (benefit ends December 31, 2023; maximum of 25,000 bonus points from this benefit).
- Free first checked bag on Air Canada flights for you and up to eight companions on the same reservation.
- No foreign transaction fees.
- After account approval, receive Aeroplan 25K Status (Star Alliance Silver status) for the rest of the year and the full following calendar year. Maintain 25K Status with $15,000 of annual spending on your card.
- Access to Chase cardholder benefits like Chase Offers, DoorDash perks, and monthly Gopuff credits through December 31, 2023.
- Up to $100 credit (once every four years) to reimburse your application fee for Global Entry, TSA PreCheck, or NEXUS.
Aeroplan Card travel protections
- Trip cancellation/trip interruption insurance.
- Baggage delay insurance.
- Purchase protection.
- Trip delay reimbursement.
- Primary rental car insurance (though it's secondary in the U.S.)
Using Aeroplan points
- Aeroplan points expiration doesn't apply while your account is open.
- Redeem points at 1.25¢ apiece toward recent travel purchases using the Pay Yourself Back feature (through June 30, 2024).
With Aeroplan points, you'll be able to book flights on 47 airlines. Beyond just Air Canada, you can redeem for award bookings with United Airlines, Singapore Airlines, multiple regional airlines within Canada, Emirates, Etihad, and more.
Related: Aeroplan Card full review
Who's Eligible for the Aeroplan Card Sign-Up Bonus?
You aren't eligible for the welcome bonus if you're a current cardholder — or you received a sign-up bonus on one of these cards in the previous 24 months. Chase says the following on the Aeroplan Card application page:
“This product is not available to either (i) current cardmembers of the Chase Aeroplan Card, or (ii) previous cardmembers of the Chase Aeroplan Card who received a new cardmember bonus for this card within the last 24 months.”
In addition, as with all Chase cards, the Aeroplan Card is subject to Chase’s 5/24 policy. If you’ve opened five or more personal credit cards in the past 24 months, you likely won't be approved for this card.
Related: Understanding Rewards Credit Card Application Rules and Restrictions
Our Take
The new welcome bonus on the Aeroplan Card has a two-tiered spending requirement and requires a high amount of spending to unlock up to 100,000 bonus points. However, you'll be able to bank a significant sum of Aeroplan points that AwardWallet users redeem at 1.91¢ each, on average.
But there are additional perks that can justify paying the $95 annual fee to keep this card year after year. The Aeroplan elite status, free checked bags, and travel insurance can make this a long-term keeper, even after you've spent all the points from your sign-up bonus.
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