Chase Aeroplan Card Offering 100,000-Point Welcome Bonus

• New bonus: Earn up to 100,000 Aeroplan points within the first 12 months from account opening: 75,000 Aeroplan points after spending $4,000 in the first three months, and an additional 25,000 Aeroplan points after spending $20,000 total in the first 12 months
• Old bonus: Earn 70,000 Aeroplan points after spending $3,000 on purchases in the first three months from account opening

The new welcome offer provides an opportunity to earn a bigger bonus, though the first tier has a higher spending requirement within the first three months.

Yet by meeting the $4,000 minimum spend alone in the first three months, you will have earned at least 79,000 Aeroplan points (when you include the points you’ll earn from the spending). Travel rewards experts value Aeroplan points at around 1.5 cents apiece, meaning your 79,000 points could be worth $1,185 in airfare.

If you meet the $20,000 minimum spend in the first year, you wil earn at least 120,000 Aeroplan points. At a 1.5 cent per point valuation, your 120,000 bonus points could be worth up to $1,800 in airfare.

With a modest $95 annual fee, this travel credit card provides a solid first-year value for new cardholders no matter what bonus tier they hit.

For example, when traveling domestically, you can fly United Airlines where economy redemptions start at 6,000 Aeroplan points one-way and business class starts at 15,000 Aeroplan points.

Whether you prefer to travel domestically or internationally, you’ll have many options when it comes time to cash in your Aeroplan points. Check out Aeroplan’s Flight Reward Chart to see how many points you’ll need for your next trip.

Aeroplan cardholders are also able to use Chase’s Pay Yourself Back feature to cover the annual fee or travel purchases at a rate of 1.25 cents per Aeroplan point. You can use this feature for grocery store or dining purchases, but the value drops to 0.8 cents per point. Both options are available through Dec. 31, 2024. Through the Pay Yourself Back tool, they can redeem Aeroplan points for a statement credit towards these purchases made on the card within 90 days. This option makes the full 100,000-point welcome offer worth $1,250 in travel statement credits.

Those looking for a more general travel credit card can consider the Chase Sapphire Preferred® Card. It offers many similar benefits, and when you earn Chase Ultimate Rewards®, you can transfer them directly to Aeroplan at a 1:1 ratio, plus other airline and hotel partners for added flexibility.

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