The Aeroplan® Credit Card (see rates and fees) from Chase is a valuable cobranded airline credit card that offers cardholders ongoing value for a low annual fee.

Before you assume the Aeroplan card is only for those who reside in Canada, understand that this loyalty program can be very valuable.

Plus, for a limited time, the Aeroplan card is providing an elevated bonus for new cardholders that’s worth over $1,000 in value, per TPG’s April 2026 valuations, making it an excellent time to apply if you’re interested.

Let’s analyze the current Aeroplan card welcome bonus and its value to decide if it’s a good choice for your wallet.

Aeroplan card welcome offer

The $95-per-year Aeroplan card is offering new cardholders a solid offer: Earn 75,000 bonus points after spending $4,000 on purchases in the first three months from account opening. This offer ends on June 10.

TPG’s April 2026 valuations place Aeroplan points at 1.4 cents apiece, making this welcome offer worth $1,050.

The typical offer on this card provides 50,000 to 60,000 points, so anything from 75,000 points and above is worth considering — making now a great time to apply if you’ve been eyeing it.

Keep in mind that this card is affected by Chase’s 5/24 rule, which means you will likely not be approved if you have been approved for five or more cards in the past 24 months, regardless of which issuer they’re from.

If you are eligible, check out our ideas for quickly meeting a minimum spending requirement, including prepaying insurance, rent or taxes to earn the entire welcome offer.

Related: How my travel credit cards keep me on the go within a modest budget

Aeroplan card earning rates

The Aeroplan card is worth more than just the welcome bonus. The card is a strong earner in spending categories and accrues points at the following rates:

• 3 points per dollar spent at grocery stores, purchases made directly with Air Canada and restaurants (including takeout and eligible delivery services)
• 1 point per dollar spent on other purchases

Additionally, cardholders will get a 500-point bonus for every $2,000 spent on the card per calendar month, up to 1,500 bonus points per month. This is a particularly nice benefit while you work toward hitting the minimum spending requirement for this card’s welcome offer.

Related: Maximizing credit cards to become points-rich without spending a ton

Aeroplan card key benefits

Beyond the points that you can earn, the Aeroplan card also offers several interesting benefits:

• Automatic Aeroplan 25K elite status for the year in which you open the card and the following calendar year (spend $15,000 annually on the card to maintain 25K status)
• First free checked bag on Air Canada-operated flights, along with up to eight companions on the same reservation
• No foreign transaction fees
• Travel protections, such as auto rental insurance, baggage delay insurance, roadside assistance, trip cancellation and interruption insurance and trip delay reimbursement
• Up to $120 statement credit for a Global Entry, TSA PreCheck or Nexus application every four years
• World Elite Mastercard benefits, including access to Mastercard Priceless experiences, everyday discounts and offers, 24/7 concierge service and more

Related: Credit card perks and benefits you should be using this month

Bottom line

The Aeroplan card is one of the most compelling airline credit cards on the market. Not only does it confer automatic elite status on new cardholders, but it also earns points quickly and offers great day-of-travel perks, including a statement credit for a TSA PreCheck, Global Entry or Nexus membership. You get all of that for just a reasonable $95 annual fee.

Plus, the card’s current offer provides stellar first-year value, thanks to its 75,000 bonus points. Aeroplan points are some of the most valuable in the market, and the program has over 50 airline partners, making it one of the most versatile currencies on the market.

To learn more, read our full review of the Aeroplan card.

Apply here: Aeroplan card