Reviews

Aeroplan Credit Card Review: A Gateway to Sky-High Rewards

Elevate travel with Aeroplan: Elite perks & flexible rewards.

Rickie C. Keys, Ph.D., MPH

23 Mar 2024 — 1 min read

Features

Annual Fee: $95, justifying its premium offerings.
APR: Variable 21.74%-28.74%, aligning with its premium status.
Sign-Up Bonus: Generous 60,000 points after $3,000 spent within the first 3 months, rewarding early spending.
Earning Potential: Exceptional 3X points on groceries, dining, and Air Canada direct purchases; 1X on everything else. Bonus points for monthly spending milestones enhance earning capacity.

Benefits

Automatic Elite Status: Immediate 25K upon card opening, unlocking priority services and upgrades.
Free Checked Bag: Benefits extend to you and up to eight companions, significantly reducing travel costs.
Flexible Redemptions: Points redeemable across various airlines within the Star Alliance network, not just Air Canada.
No Foreign Transaction Fees: Ideal for international travelers, removing extra costs on purchases abroad.

Drawbacks

Annual Fee: There's a $95 annual fee, which requires careful consideration of the card's value relative to your spending and travel habits.
Limited Redemption Options: The card's most valuable perks are Air Canada-specific, potentially limiting its appeal to those seeking more flexible redemption options.
High Spending for Elite Perks: Achieving and maintaining elite status and accessing certain benefits requires significant annual spending.

Product Summary

The Aeroplan Credit Card by Chase is a stellar choice for those dedicated to Air Canada or frequent Star Alliance flyers. Its blend of a lucrative sign-up bonus, robust earnings on everyday purchases, and travel-centric perks like automatic elite status and free checked bags provide substantial value that can offset the annual fee. Particularly attractive for big spenders, the card offers additional points for reaching monthly spending thresholds and a unique redemption option to use points towards statement credits for broad travel expenses, offering unparalleled flexibility. While the annual fee and spending requirements may deter casual travelers, the card's extensive benefits ensure it's a worthy investment for the right traveler, cementing its position as a powerful tool in the frequent flyer's arsenal.

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