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Aeroplan Offering Unique Credit Card Bonus for 40th Anniversary
In celebration of Aeroplan’s 40th anniversary, Chase and Air Canada are running a unique welcome offer for the Aeroplan Card.
About the bonus:
To start, the Aeroplan Card is currently offering a traditional (albeit elevated) welcome bonus. New cardholders can earn 70,000 bonus points after spending $3,000 on the card within their first three months. However, on top of that, those who apply with the next week will be able to earn a unique bonus.
Those who are approved for the Aeroplan Card between July 8th and July 17th of 2024 can earn 40% more points on all of their eligible purchases for 40 days. This deal is capped at a total of $40,000 in spending. Additionally, to qualify for this bonus, the first purchase must be made before August 31st, 2024.
With this deal, during their first 40 days, Aeroplan cardholders will be able to effectively earn 4.2x points at grocery stores, restaurants, and on Air Canada purchases (300 regular points per dollar spent + 120 bonus points) while earning 1.4% points (100 regular points per dollar spent + 40 bonus points) on all other purchases — up to the spending limit.
About the Aeroplan card:
As mentioned, with the Aeroplan Card, customers can earn 3x points on Air Canada purchases as well as 3x points at grocery stores and 3x at restaurants (including takeout and eligible delivery services). On top of that, cardholders can earn 500 bonus points for every $2,000 they spend on the card in a calendar month. These monthly bonus points are capped at 1,500 — so $6,000 in spending.
In terms of the other benefits, Aeroplan cardmembers enjoy a free first checked bag, preferred pricing on award flights, and more. Additionally, the card includes up to $100 statement credit toward a Global Entry, TSA Precheck, or NEXUS application once every four years. Cardholders also get automatic 25k Status for the rest of the current calendar year as well as the next year. Those who spend at least $15,000 per year on the card during a calendar year can retain their status.
Of note, the Aeroplan card does carry a $95 annual fee.
What they’re saying:
In a press release announcing Aeroplan’s 40th-anniversary celebration, Air Canada’s VP of Loyalty and Product Scott O’Leary said, ” Thanks to our members, Aeroplan has become one of the best travel loyalty programs globally. To celebrate this achievement, we’re excited to team up with our premier travel and everyday partners who help our members tap into their full earning and redemption potential across a wide range of flights, hotel stays and everyday purchases.”
O’Leary continued, “Whether a member for 1 year or for 40, our members can earn more points faster and can travel to more than 1,300+ destinations worldwide. Cheers to the next 40 years!”
My thoughts:
The Aeroplan Card has been one of the most interesting co-brand cards since it launched — despite the fact that I’ve never personally flown Air Canada in my life. Technically, that’s not even necessarily a reason not to get the card as its Chase Pay Yourself Back option currently allows you to redeem points toward a variety of travel purchases — and at a rate of 1.25¢ per point. In fact, if you chose that redemption opinion and combined it with this special 40th-anniversary deal, you’d be able to earn the equivalent of 5.25% back on Air Canada, grocery store, and restaurant purchases and 1.75% back on everything else for those 40 special days. That’s pretty interesting on top of the 70,000 bonus points that are part of the regular offer… but, still, I suspect most cardholders will still fall short of the 100,000 bonus points offered during the Aeroplan Card’s initial launch, meaning that this is likely not an all-time high.
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