Review
Updated
OFFER STATUS
This offer is unavailable on The Ascent. The information related to Aeroplan® Credit Card has been collected by The Ascent and has not been reviewed or provided by the issuer.
This Chase card has a nice sign-up bonus and it also offers other travel perks and excellent earning potential in a variety of spending categories, though it comes with an annual fee. Higher spenders can also earn bonus points on spending each month. Read our full Aeroplan® Credit Card review to find out if this card is a good option for you.
Aeroplan® Credit Card
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Best
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= Excellent
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= Good
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= Fair
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Credit Score
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Good/Excellent (670-850)
Intro APR N/A
Purchases: N/A
Balance Transfers: N/A
Regular APR
21.74% - 28.74% Variable
Rewards 3x points for each dollar spent on grocery stores, dining at restaurants including takeout and eligible delivery services, and Air Canada directly. 1x points for each dollar spent on all other purchases.
N/A
Annual Fee N/A
95
Welcome Offer Earn up to 100,000 bonus points – 75,000 points after you spend $4,000 on purchases in the first 3 months your account is open. Plus, 25,000 points after you spend $20,000 on purchases in the first 12 months.
Earn up to 100,000 points
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- Unique sign-up bonus
- Elite status for new cardmembers
- Bonus rewards in multiple spending categories
- Free first checked bag perks
- $100 statement credit for Global Entry, TSA PreCheck, or NEXUS
- No foreign transaction fees
- Annual fee
- Bonus offer is in the form of flight reward certificates
- Redemption limitations
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- Earn up to 100,000 bonus points
- Earn 75,000 points after you spend $4,000 on purchases in the first 3 months your account is open.
- Plus, 25,000 points after you spend $20,000 on purchases in the first 12 months.
- $95 Annual Fee
- Redeem points for both international and domestic flights with the Aeroplan® Credit Card.
- Fly to another continent and travel the world with the Aeroplan® Credit Card.
- Earn 3X points for each dollar spent at grocery stores, on dining at restaurants, and Air Canada directly. Earn 1X point for each dollar spent on all other purchases.
- 500 bonus points for every $2,000 you spend in a calendar month - up to 1,500 points per month.
- Member FDIC
The information related to Aeroplan® Credit Card has been collected by The Ascent and has not been reviewed or provided by the issuer.
Credit card comparison
We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.
| Offer | Our Rating | Welcome Offer | Rewards Program | APR | Learn More |
|---|---|---|---|---|---|
|
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
Discover will match all the cash back you've earned at the end of your first year. N/A | 1% - 5% Cashback Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically. |
Intro: Purchases: 0%, 15 months Balance Transfers: 0%, 15 months Regular: 17.24% - 28.24% Variable APR |
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Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
Up to $300 cash back Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases. | 1.5% - 5% cash back Enjoy 5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases |
Intro: 0% Intro APR on Purchases and Balance Transfers for 15 months Purchases: 0% Intro APR on Purchases, 15 months Balance Transfers: 0% Intro APR on Balance Transfers, 15 months Regular: 20.49% - 29.24% Variable |
Apply Now for Chase Freedom Unlimited®
On Chase's Secure Website. |
|
Apply Now for Chase Sapphire Preferred® Card
On Chase's Secure Website. |
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
75,000 bonus points Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠. | 5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more. |
Intro: N/A Purchases: N/A Balance Transfers: N/A Regular: 21.49%-28.49% Variable |
Apply Now for Chase Sapphire Preferred® Card
On Chase's Secure Website. |
Full Chase Aeroplan® World Elite Mastercard® Credit Card review
This credit card is a good fit for: Travelers who value achieving Aeroplan 25K Elite Status with Air Canada and who can put the two flight reward certificates to good use.
Top perks
These are the top highlights of the Aeroplan® Credit Card.
Nice sign-up bonus
The Aeroplan® Credit Card has a unique welcome offer: Earn up to 100,000 bonus points – 75,000 points after you spend $4,000 on purchases in the first 3 months your account is open. Plus, 25,000 points after you spend $20,000 on purchases in the first 12 months..
Read more: Best Sign-Up Bonus Credit Cards
Elite Status perks for new cardmembers
You'll automatically achieve Aeroplan 25K Elite Status as a new cardholder. This perk is valid for the calendar year you open your account and for the following calendar year.
If you fly with Air Canada, the benefits offered with this status level can make your travel more enjoyable. Some of the most notable benefits include:
- Priority seat selection, check-in, and boarding
- Two complimentary checked bags
- 20 eUpgrade credits
- 50% discount on preferred seats
- Two one-time-use Maple Leaf Lounge passes
Earn up to 3 points per $1 in multiple spending categories
This card lets you earn rewards for your spending in multiple spending categories, which can help you maximize your earning potential.
With the Aeroplan® Credit Card, you can earn:
- 3 points per $1 on dining (including takeout and delivery)
- 3 points per $1 on grocery purchases
- 3 points per $1 on purchases made directly with Air Canada
- 1 point per $1 on other purchases
Earn 500 points for every $2,000 spent on purchases each month
The Aeroplan® Credit Card also offers a spending bonus. You can earn 500 bonus points for every $2,000 you spend in a calendar month, capped at 1,500 bonus points each month.
Free first checked bag perks
This credit card also includes checked bag perks. As the primary cardholder, you and up to eight companions traveling on the same itinerary can bring one free first checked bag on Air Canada flights. While the Elite Status you'll earn as a new cardmember entitles you to two free checked bags, this is a nice benefit if you frequently travel with others.
$100 statement credit for Global Entry, TSA PreCheck, or NEXUS
Many travel credit cards now include statement credits for specific expedited travel programs. The Aeroplan® Credit Card is no exception.
With this card, you'll get up to $100 in statement credit as reimbursement for the application fee for Global Entry, TSA PreCheck, or NEXUS. This benefit is available once every four years. You must use your Aeroplan® Credit Card to pay the application fee to use this perk.
Travel protection benefits
This travel card includes these helpful travel protection benefits:
- Baggage delay insurance
- Trip cancellation and interruption insurance
- Trip delay reimbursement
- Auto rental collision damage waiver
- Roadside assistance
Most travel credit cards at this price point include similar perks, and you may find these benefits helpful if you encounter difficulties on your trips.
No foreign transaction fees
No foreign transaction fees are charged when using this credit card to make international purchases. Cards that have this fee charge around 3% for every foreign transaction. If you plan to use this card abroad, this perk can offer money savings.
What could be improved
The Aeroplan® Credit Card has some minor concerns worth noting.
Annual fee
It's worth noting that this rewards card has an annual fee of $95. When considering the card's many benefits, this is a reasonable yearly fee, and the price is in line with other travel credit cards we've seen. But it's still an additional expense to think about.
Learn more: Best No Annual Fee Credit Cards
Earning cap on spending bonus
You can get 500 bonus points on every $2,000 you spend each month with this card, but there's an earning cap. You can only earn up to 1,500 bonus points per calendar month. If you typically put more than $6,000 per month on your cards, a different card with no earning cap may make sense.
Limitations on how you can redeem points
The Aeroplan® Credit Card has limitations on how you can redeem your points. At this time, you can redeem your points for Air Canada flights or flights with one of Air Canada's many partner airlines.
Chase has announced that soon you'll be able to redeem your points for other travel purchases through Chase's Pay Yourself Back program at a rate of $0.0125 per point. But this redemption option isn't available yet for this credit card.
Suggested credit score
This credit card is intended for consumers with good to excellent credit. Applicants for the Aeroplan® Credit Card should aim for a FICO® Score of 670 or higher. Other factors are also considered, such as income and current debt. It's possible to get approved with a lower credit score -- or be denied with a higher score.
Learn more: Best Credit Cards
The Aeroplan® Credit Card is right for you if:
This card could be a great fit for you if you like the idea of earning Elite Status with Air Canada and think you will put the two flight reward certificates to use.
You may also want to apply for this card if these things are true for you:
- You want to travel to destinations that Air Canada or its partners fly to
- You can meet the minimum spend requirements to earn the flight reward certificates
- You like the idea of a fast track to Aeroplan 25k Elite Status
- You typically spend on Air Canada travel, restaurants, and groceries
- You can afford the annual fee
But if you don't see yourself flying with Air Canada, want a more flexible welcome offer, or don't want an airline-branded card, then another travel rewards card may be a better option for you.
Our credit card methodology
At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.
We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.
Our Credit Cards Expert
Natasha has been a freelance writer since 2015. She specializes in credit card and credit card rewards content. When not busy writing, she's either dreaming up her next credit card rewards redemption or traveling the globe. Her goal is to encourage more people to experience the world around them while making smart financial choices.
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We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Natasha Gabrielle has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase, Mastercard, and Target. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy.
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