How Does ValuePenguin Get Paid?

Chase Air Canada Aeroplan® Card Review: Is It Worth It?

Chase Air Canada Aeroplan® Card Review: Is It Worth It?

The Aeroplan® Card is a solid card for anyone who flies with Air Canada, considering its generous welcome offer and elite status benefits.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Quick facts

Sign-up bonus: Welcome Flight Reward worth up to 50,000 points after you spend $3,000 in your first 3 months from account opening

Earning rate: 3X points for each dollar spent on grocery stores, dining at restaurants (including takeout and eligible delivery services) and with Air Canada directly. 1X points for each dollar spent on all other purchases.

Annual fee: $95

Foreign transaction fee: $0

Other key benefits: Automatic 25K elite status for the remainder of the year and the following year, first checked bag free, Fee credit for Global Entry, TSA Precheck or NEXUS, preferred pricing on flight awards, purchase protections and travel insurance benefits

Pros

  • Get automatic elite status and a leg up on maintaining elite status through credit card spending
  • Generous rewards rate in everyday categories
  • No foreign transaction fees
  • Comes with travel insurance benefits and purchase protections
  • Receive frequent flyer perks with Air Canada

Cons

  • $95 annual fee
  • Most perks are geared to those who fly Air Canada
{"backgroundColor":"butter","content":"\n\u003Cdiv class=\"full pad align-left clearfix\"\u003E\n\u003Cdiv class=\"half pad align-left clearfix\"\u003E\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ShortcodeList--root \"\u003E\n \u003Ch3 class=\"ShortcodeList--title\"\u003EPros\u003C\/h3\u003E\n\n \u003Cdiv class=\"ShortcodeList--content\"\u003E\n \u003Cdiv class=\"ShortcodeList--column\"\u003E\n \u003Cul class=\"ListUnordered--root ListUnordered--icon-check-circle\"\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n Get automatic elite status and a leg up on maintaining elite status through credit card spending\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n Generous rewards rate in everyday categories\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n No foreign transaction fees\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n Comes with travel insurance benefits and purchase protections\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n Receive frequent flyer perks with Air Canada\n \u003C\/li\u003E\n \u003C\/ul\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\n\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"half pad align-left clearfix\"\u003E\n\u003Cdiv class=\"ShortcodeList--root \"\u003E\n \u003Ch3 class=\"ShortcodeList--title\"\u003ECons\u003C\/h3\u003E\n\n \u003Cdiv class=\"ShortcodeList--content\"\u003E\n \u003Cdiv class=\"ShortcodeList--column\"\u003E\n \u003Cul class=\"ListUnordered--root ListUnordered--icon-times-circle\"\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n $95 annual fee\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n Most perks are geared to those who fly Air Canada\n \u003C\/li\u003E\n \u003C\/ul\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\n\n\u003C\/div\u003E\n\u003C\/div\u003E\n","padding":"none"}

Is the Aeroplan® Card worth it?

The Aeroplan® Card is definitely "worth it" in every sense, but that's especially true during the first few years of card membership. Not only can you earn a generous sign-up bonus, but you can enjoy 25K elite status with the airline for the remainder of the year and the entire following year.

Other Air Canada card perks can help you save money, including the fee credit for Global Entry, TSA Precheck, or NEXUS, as well as the free checked bag benefit.

Earn up to 100,000 points

New cardholders can earn Welcome Flight Reward worth up to 50,000 points after you spend $3,000 in your first 3 months from account opening.

Aeroplan points are very valuable compared to other airline currencies, and this bonus can potentially score you several flights on Air Canada or one of its partners.

In fact, this bonus is higher than other airline credit cards offer, and particularly those with similar annual fees.

How easy are Aeroplan points to redeem? See our redemption section below.

Who's eligible to earn this offer?: According to Chase, this welcome offer is not available to current cardmembers of the Chase Aeroplan card or anyone who has received this new card in the last 24 months.

Also note that the Chase 5/24 rule applies to this card. This unpublished rule states that you can't get a new credit card from Chase if you have had five or more cards from any issuer in the last 24 months.

{"backgroundColor":"ice","content":"\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cstrong\u003EWho's eligible to earn this offer?:\u003C\/strong\u003E According to Chase, this welcome offer is not available to current cardmembers of the Chase Aeroplan card or anyone who has received this new card in the last 24 months.\u003C\/p\u003E\n\n\u003Cp\u003EAlso note that the \u003Cspan\u003E\u003Ca class=\"ShortcodeLink--root ShortcodeLink--black\" title=\"What's the Chase 5\/24 Rule? Everything You Need to Know\" href=\"https:\/\/www.valuepenguin.com\/chase-5-24-rule\"\u003EChase 5\/24 rule\u003C\/a\u003E\u003C\/span\u003E applies to this card. This unpublished rule states that you can't get a new credit card from Chase if you have had five or more cards from any issuer in the last 24 months.\u003C\/p\u003E\n\n\u003Cp\u003E","padding":"double"}

Earn up to 3X points on ongoing purchases

Cardholders also earn 500 bonus points each time they use their card for at least $2,000 in spending within a calendar month. With this bonus offer, cardholders who charge $2,000+ in purchases per month could earn another 6,000 in Aeroplan points every year. Meanwhile, those who spend $4,000 or more on their cards each month could double that.

The Chase Air Canada Aeroplan® Card offers 3X points for each dollar spent on grocery stores, dining at restaurants (including takeout and eligible delivery services) and with Air Canada directly. 1X points for each dollar spent on all other purchases.

This is an excellent rate for the grocery category. When you compare to other top airline credit cards, most only earn 1X to 2X points or miles on food.

This rate can help the average consumer rack up a ton of points over the course of a year. According to the United States Department of Agriculture (USDA), the average family of four with two adults and two children ages four and five spends $1,021.40 per month on groceries with a moderate budget. With the 3X rate and this level of grocery store spending, consumers could earn 36,770 Aeroplan points on food spending every 12 months.

Redeeming miles

Aeroplan still posts an award chart, which is incredibly rare among frequent flyer programs these days. The distance-based chart makes it easy to know how many points you'll need depending on how far you need to travel. Further, every Air Canada seat can be booked with points with no restrictions.

Some sweet spots in their award chart include:

  • Flights within North America under 500 miles for as little as 6,000 points
  • Long-haul flights of 2,751+ miles within North America with partners for just 35,000 Aeroplan points.

Air Canada is part of the Star Alliance, which includes 26 different member airlines such as United Airlines, Lufthansa, and Turkish Airlines. Not only can you earn Air Canada points on partner flights, but you can redeem with partners, too.

Other Aeroplan® Card benefits

This airline credit card comes with a ton of benefits that can make it more valuable, although most of them are geared to Air Canada's most frequent flyers.

One unique benefit of this card is the fact you get automatic 25K elite status as a cardholder for the remainder of the year you apply and the following year. While this is the lowest tier of status you can get with Air Canada, 25K status comes with benefits like priority airport check-in, priority seat selection and more.

Not only do you get 25K status during the year you apply and the next year, but you can keep your status with $15,000 in spending each calendar year thereafter. You can also climb to the next tier of elite status (35K status) by spending at least $50,000 on your card within a calendar year.

Apply for Global Entry, TSA Precheck, or NEXUS and receive a fee credit reimbursement of up to $100. This credit is good every four years you have the card.

The Aeroplan® Card does not charge foreign transaction fees when you use it for purchases outside the United States.

Cardmembers and up to eight companions on the same reservation can receive a first checked bag free (up to 50 pounds) when travel originates on an Air Canada flight.

Cardmembers can often book award flights for fewer miles than other Aeroplan members.

Cardmembers get quite a few travel insurance benefits, including:

  • Trip cancellation and interruption insurance — up to $1,500 per person and $6,000 per covered trip
  • Baggage delay insurance — up to $100 per day in coverage for up to three days when your bag is delayed by at least six hours or longer
  • Trip delay reimbursement — up to $500 in reimbursement when a trip is delayed by 12 hours or longer or requires an overnight stay
  • Roadside assistance

Cardholders also get secondary auto rental coverage that applies after limits are exhausted on a personal car insurance policy. This coverage can apply to eligible rental periods when you charge the entire rental cost to your credit card.

New purchases charged to the card qualify for coverage against damage or theft within 120 days of purchase. This coverage is good for up to $500 per claim and up to $50,000 per account.

How does the Aeroplan® Card compare to other cards?

While the Aeroplan® Card could easily be best for your needs, there are situations where a different travel credit card can offer more flexibility or more targeted perks. Read on to learn how this card compares to competing rewards cards with different earning rates and benefits.

Aeroplan® Card vs. Chase Sapphire Preferred® Card

On Chase's Secure Website

Verdict: A better card for frequent flyers who want flexibility

If you want more flexibility in how you use your points, the Chase Sapphire Preferred® Card can be a better choice. This card offers a generous sign-up bonus and earning rates, yet you can use your points in many more ways. For example, cardholders can redeem points for cash back, statement credits, gift cards, merchandise, and travel through Chase with a 25% boost in value. Chase Ultimate Rewards® points also transfer 1:1 to popular airline and hotel programs including Air Canada, British Airways, United Airlines, Marriott Bonvoy, World of Hyatt and more.

How does it compare?

  • Annual fee: $95 (Same)
  • Welcome bonus: Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. (Worse)
  • Earning rate: 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases and 1X points on all other purchases (Better)
  • Other benefits: Primary auto rental coverage, travel insurance benefits, purchase protection, extended warranties, annual $50 hotel credit for bookings through Chase (Worse)

Aeroplan® Card vs. Capital One Venture Rewards Credit Card

On Capital One's Secure Website

Verdict: Makes more sense for someone who wants ultimate flexibility in how they use their miles

The Capital One Venture Rewards Credit Card is a better choice for people who want a ton of flexibility in their rewards. It offers a generous sign-up bonus and lets you 2 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar when you book on Turo, the world’s largest car sharing marketplace, through May 16, 2023. The exception is hotels and car rentals booked through Capital One, which earn 5X miles for each dollar spent.

Miles can be redeemed for gift cards, merchandise, or statement credits for travel purchases made in the last 90 days. Capital One transfer partners also include quite a few airline and hotel partners such as Aeroplan, Aeromexico, Flying Blue and more.

How does it compare?

  • Annual fee: $95 (Same)
  • Welcome bonus: Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel. (Worse)
  • Earning rate: Earn 2 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar when you book on Turo, the world’s largest car sharing marketplace, through May 16, 2023 (Worse)
  • Other benefits: Fee credit for Global Entry or TSA Precheck membership, two Capital One airport lounge visits, Hertz Five Star Status (Worse)

Aeroplan® Card vs. United Quest℠ Card

On Chase's Secure Website

Verdict: A better choice if you mostly fly with United Airlines but still want to earn miles you can use with Air Canada

If you mostly fly United Airlines but you want to earn miles you can use with partners like Air Canada, the United Quest℠ Card could be a good fit. This Star Alliance credit card has a generous bonus offer and frequent flyer perks like a $125 annual United credit, two 5,000 mile anniversary flight award credits, and a first and second checked bag free on United flights for the cardholder and a flight companion. Cardholders also benefit from generous earning rates in everyday categories.

How does it compare?

  • Annual fee: $250 (Worse)
  • Welcome bonus: Earn 70,000 bonus miles after you spend $4,000 on purchases in the first 3 months your account is open. (Worse)
  • Earning rate: Earn 3 miles per $1 spent on United® purchases. 2 miles per $1 spent at restaurants, on select streaming services & on all other travel. 1 mile per $1 spent on all other purchases. Plus, each year, receive a $125 credit on United® purchases and two 5k-mile anniversary award flight credits. Terms apply. (Worse)
  • Other benefits: First and second free checked bag, a $125 annual United credit, two 5,000 mile anniversary flight award credits, travel insurance benefits (Same)

Should you apply for the Aeroplan® Card?

If you fly with Air Canada or plan to, why not give the Aeroplan® Card a try? You'll get elite status the year you apply and the following year, and the sign-up bonus alone could be worth $1,800 in airfare. You can also score elite travel perks like travel insurance, free checked bags and fee credits for Global Entry, TSA Precheck or NEXUS membership.

That said, there are plenty of cards that let you transfer miles to Air Canada, including Chase Ultimate Rewards® credit cards, Capital One travel credit cards, and Amex cards that earn points in the American Express Membership Rewards program. Make sure to compare all the best travel credit cards out there before you decide.

Frequently asked questions

Where can I use my Aeroplan® Card?

The Aeroplan® Card is a Mastercard, so you can use it anywhere Mastercard is accepted around the world.

How do I get a new Aeroplan® Card?

You can apply for the Aeroplan® Card online.

How do I get a replacement Aeroplan® Card?

You can get a replacement card from Chase by submitting a request through the Chase app or your online account or calling Chase at 1-800-432-3117.

How do I activate my Aeroplan® Card?

Call the number on the front of the card when you receive it or activate it using the website listed on your card.

Is the Aeroplan® Card free?

The Aeroplan® Card has an annual fee of $95.

The information related to Aeroplan® Card has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).