Last chance: Earn up to 100,000 points with this Aeroplan card welcome offer

11.01.2024 - 22:47 / thepointsguy.com

The Aeroplan Credit Card from Chase has an exciting increased welcome bonus — which will be coming to an end soon. If you've been eyeing this card, time's running out to earn a great welcome offer.

Those who prefer points (instead of free flight vouchers) will be excited by the number of points they can earn, but the spending requirement is significant. That said, for those who can meet this target, you could unlock a bonus worth $1,500.

And before you assume that the Aeroplan Card has nothing to offer if you don't live in Canada, understand that this loyalty program can be very valuable.

Let's look at the Aeroplan Card sign-up bonus and get an idea of its worth.

Related: The most compelling new airline card: Review of the Chase Aeroplan Credit Card

Right now, the $95-per-year Aeroplan Credit Card is offering 100,000 bonus points to new applicants who meet two spending tiers:

TPG values Aeroplan points at 1.5 cents apiece, making 100,000 Aeroplan points worth $1,500.

Previous bonuses on this card offered 70,000 points or a pair of flight reward certificates worth up to 101,000 points but carrying more restrictions than having a pile of points.

Those looking for a simpler bonus of points (not certificates) will be happy at the prospect of earning 100,000 points. Unfortunately, the spending requirement for this bonus is high: $20,000.

The time frame for the bonus spending requirement is 12 months; that means you can break this into $1,667 of spending per month over a year. If you can meet that requirement and are willing to invest in reaching a bonus over a year, now is a great time to apply, as the offer ends soon.

Those who can't meet this spending requirement or need to receive their bonus points sooner because of upcoming travel plans would be better served by waiting for a simpler bonus without the higher spending requirements in the second tier.

Note that this card is affected by Chase's 5/24 rule, which means you will likely not be approved if you have been approved for five or more cards in the past 24 months, regardless of which issuer they come from.

Related: More flexible than ever: Why you should care about Aeroplan even if you never visit Canada

The Aeroplan Credit Card is worth more than just the welcome bonus. The card is a strong earner on spending categories, accruing points at the following rates:

Additionally, cardholders will get a 500-point bonus for every $2,000 spent on the card per month, up to 1,500 bonus points per month.

Beyond the points that you can earn, the Aeroplan Card also offers several interesting benefits:

The Aeroplan Credit Card is one of the most compelling airline credit cards on the market. Not only does it confer automatic elite status on new cardholders,