Chase · Mastercard · travel
Air Canada Aeroplan Card
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Terms read from Chase's page on Oct 16, 2026.
Year 1, after fees
estimated value, about $2,360, based on 1.4 cents per point
Year 2+, after fees
estimated value, about $750, based on 1.4 cents per point
every year after
3 years, after fees
estimated value, about $3,861, based on 1.4 cents per point
Break-even
Month 2
⚠ mostly first-year value
Earn rate by category
Points at 1.40¢ each (lowest published value); published range 1.4¢ to 1.5¢. Source: The Points Guy monthly valuations, October 2026.
All values are after each card's annual or monthly fee, and foreign transaction fees when you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime or Instacart+) aren't included.
Values for points and miles are estimates based on published redemption valuations; actual value depends on how you redeem.
On each spending preset
After fees; points at their cash value. "~" marks estimates.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student ($985/mo) | ~$113 | ~$113 | ~$339 | Month 8 |
| Couple ($2,555/mo) | ~$2,143 | ~$533 | ~$3,209 | Month 2 |
| Family ($3,350/mo) | ~$2,360 | ~$750 | ~$3,861 | Month 2 |
| Frequent traveller ($3,880/mo) | ~$2,668 | ~$1,058 | ~$4,784 | Month 2 |
| Big spender ($7,960/mo) | ~$3,681 | ~$2,071 | ~$7,823 | Month 1 |
Who it suits
- People who spend a lot on groceries and dining, where it earns above its base rate.
- Even light spenders: on a student's $985 a month it still earns back its fee.
- Spending abroad: no foreign transaction fee.
Who should skip it
- Anyone keeping one card for years: most of its value on a family's spending comes in year 1.
Fees and rates
- Annual fee
- $195
- Foreign transaction fee
- None
- Purchase APR
- 19.99% to 28.49% (variable)
Rewards
- 3x on Air Canada and other travel
- 2x on grocery stores, dining and gas stations
- 1x on everything else
Credits, as counted
- Air Canada statement credits ($50 twice a year): $100 a year40% used
- Global Entry, TSA PreCheck or NEXUS fee credit: $120 every 4 years50% used
Eligibility and availability
- Income
- None published
Published requirements only. We don't estimate approval odds.
Assumptions
- Point value: Air Canada Aeroplan (US cards) points at 1.40 cents each: no redemption style chosen, so its lowest published value (it has no cash redemption). Source: The Points Guy monthly valuations, October 2026.
- Welcome bonus: 75,000 points after $4,000 in the first 3 months, and 40,000 more after $20,000 in 12 months. Your spending meets it in month 2.
- Credits: Each credit counts at the share a typical cardholder uses (listed on the card's page).
- Note: 3x on groceries and dining ends December 31, 2026; the 2x rate from 2027 is used.
- Note: The extra 2x on Air Canada purchases comes from Aeroplan status, not the card.
Earns more every year after year 1
On a family's spending, these keep more value from year 2 than this card's ~$750.
Chase IHG One Rewards PremierYear 2+ ~$1,243
Wells Fargo One Key CardYear 2+ $864
Chase Marriott Bonvoy BoundlessYear 2+ ~$809
Head to head
Frequently asked questions
Is the Chase Air Canada Aeroplan Card worth it?
On a family's spending ($3,350 a month, points at their cash value), it's worth ~$2,360 in year 1 and ~$750 a year after that, after a $195 annual fee. It covers its fee by month 2.
What is the Chase Air Canada Aeroplan Card welcome offer?
75,000 points after $4,000 in the first 3 months, and 40,000 more after $20,000 in 12 months.
Does the Chase Air Canada Aeroplan Card charge foreign transaction fees?
No. The issuer states no foreign transaction fee.
Sources
Rates, fees and offers are set by the issuer and may change. Check the issuer's terms before you apply. We don't estimate approval odds.
Compare it with 59 other cards on the US card comparison or read how cards are valued.