10 incredible benefits of the Air Canada Aeroplan credit card

22.08.2023 - 13:45 / thepointsguy.com

Air Canada's Aeroplan® Credit Card from Chase is one of our favorite cobranded airline credit cards, offering award flexibility and valuable airline benefits. With its strong earning rate and incentives to spend on the card beyond earning the sign-up bonus, the Aeroplan credit card is worth considering for many points and miles enthusiasts — even those who may never visit Canada.

You may not realize just how many benefits this card has — some are rarely seen on an airline-branded credit card. So, if you are planning to fly Air Canada, even occasionally, we are looking at the benefits more closely.

Here are the perks that could make this the most valuable airline credit card you could add to your wallet.

New Air Canada Aeroplan credit card applicants can earn up to 100,000 Aeroplan points: 75,000 points after spending $4,000 in the first three months from account opening, plus an additional 25,000 Aeroplan points after spending $20,000 total in the first 12 months from account opening.

TPG values Aeroplan points at 1.5 cents each, making this sign-up bonus worth up to $1,500.

Despite such a valuable welcome bonus, the Chase Aeroplan card has an annual fee of just $95.

Cardmembers earn 3 Aeroplan points per dollar spent at grocery stores and on dining and purchases made directly with Air Canada. You'll earn 1 point per dollar on all other purchases.

The dining category includes food delivery and takeout purchases.

On top of the 100,000 points welcome bonus and triple point categories, there are even more bonus points for your everyday spending. For every $2,000 you spend on the card each month, you also can receive up to a 500-point bonus — up to 1,500 points per month. These bonus points can add up if you're a heavy spender, potentially earning up to 18,000 bonus points annually.

For example, a new cardmember spending $2,000 per month on the card — with half this spent on any combination of groceries, dining and with Air Canada — in the first 12 months, they would earn:

That comes to 154,000 Aeroplan points from one card in 12 months, worth $2,310, according to our points valuations.

Suppose you also collect Chase's own Ultimate Rewards points. In that case, Air Canada Aeroplan credit cardmembers get a 10% transfer bonus after transferring 50,000 or more Ultimate Rewards points in a single transaction from an eligible Chase credit card to their Aeroplan account, up to a bonus of 25,000 Aeroplan bonus points per calendar year. This promotion runs through Dec. 31.

If you are working toward an Aeroplan redemption, this can allow you to reach that goal sooner.

For those who get lost trying to optimize their points and miles, cardmembers can redeem their Aeroplan points toward travel purchases — on any