Aeroplan cardholders can now transfer Chase points with a 10% bonus
Nothing makes me happier than a points transfer bonus. You magically multiply your points into more than what you had already, thus requiring fewer points to book your upcoming trip.
Through December 31, 2023, holders of the Aeroplan Credit Card from Chase can get a 10% bonus when transferring Chase Ultimate Rewards points to their Aeroplan accounts. This can be a great option for those who have both the Aeroplan card and a top Chase card to further engage with the Ultimate Rewards program.
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There are some restrictions that you should know about:
- The minimum transfer is 50,000 Ultimate Rewards to activate the bonus (which would get you 55,000 Aeroplan points).
- The bonus is not cumulative, so you must transfer at least 50,000 points at a time (not 25,000 + 25,000).
- The maximum bonus per year is 25,000 Aeroplan points. You can max this out by transferring a total of 250,000 Chase points.
- Bonus points will post separately — typically within 72 hours — but they could take up to a week to appear in your Aeroplan account.
Related: The most compelling new airline card: Review of the Chase Aeroplan Credit Card
Not all Chase credit cards are eligible for these transfer bonuses, unfortunately. You need to have the Aeroplan Card and one of the following:
- Chase Sapphire Preferred Card.
- Chase Sapphire Reserve.
- J.P. Morgan Reserve.
- Ink Plus.
- Ink Business Preferred.
- Chase Corporate Flex.
The information for the J.P. Morgan Reserve, Ink Plus, and Chase Corporate Flex has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
TPG values Chase Ultimate Rewards at 2 cents apiece and Aeroplan points at 1.7 cents each. Because of this, you could face a loss in value for your points. However, if you redeem your Aeroplan points for higher value, this bonus can work in your favor.
One way to do so involves economy redemptions that require few points but are priced high (especially with surging summer travel demand). Premium cabins like business class and first class should also yield high value on your redemptions.
Related: The best ways to maximize Air Canada’s Aeroplan program
Unlike typical transfer bonuses, this one is running for over a year and a half — through December 31, 2023.
In my opinion, the Aeroplan Card is now even more compelling for those with a participating Chase Ultimate Rewards card. You can get up to 50,000 bonus Aeroplan points by transferring Chase points (25,000 in 2022 and another 25,000 in 2023) in addition to other perks like elite status, upgrade certificates, free checked bags and World Elite Mastercard benefits.
Just remember that transfers from Chase are final and can't be reversed. As a result, you'll want to make sure you can truly use the Aeroplan points before completing the transfer.