For Chase Aeroplan cardholders, a newly launched transfer bonus presents an opportunity to supercharge their points' value, but understanding the nuances is key to maximizing this offer. As Live and Lets Fly reports, Chase has launched another 20% transfer bonus to Air Canada Aeroplan, which can be effectively sweetened to 30% if you also hold the Chase Aeroplan Credit Card, allowing you to turn Chase Ultimate Rewards points into 1.625 cents toward travel.
Sweet spot
Save ~$2,100
US East Coast → Europe · Air Canada Signature Business
Aeroplan distance-based on AC metal (also bookable on LH/Swiss/UA/OS)
Star Alliance · 26 carriersUp to 2 stopoversDistance-based chart
60,000–70,000 Aeroplan points one-way
Cash: ~$3,000
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What does this mean for your points?
The ability to stack a 30% transfer bonus is significant, especially for those who have been accumulating Chase Ultimate Rewards points. This bonus essentially increases the value of your points when transferred to Air Canada Aeroplan, making redemptions more efficient. To put this into perspective, if you have 100,000 Chase Ultimate Rewards points, transferring them to Aeroplan with the 30% bonus would give you 130,000 Aeroplan points.
How does the transfer bonus work?
To take advantage of the enhanced 30% transfer bonus, you must hold the Chase Aeroplan Credit Card. This card, in conjunction with the standard 20% transfer bonus offered by Chase, stacks to provide a total of 30% more points when transferring to Aeroplan. It's essential to understand that this bonus is not automatic and requires you to have the specific credit card mentioned.
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Which redemption sweet spots should you consider?
Air Canada Aeroplan has several sweet spots in its award chart, particularly for travel within North America and to Europe. For example, a one-way business class ticket from the US to Europe can often be redeemed for around 60,000 Aeroplan points. With the 30% transfer bonus, this would equate to approximately 46,000 Chase Ultimate Rewards points, representing a significant discount. Additionally, Aeroplan's partnership with ANA Mileage Club offers attractive redemptions for flights to Asia, with round-trip business class tickets sometimes available for under 100,000 points.
Is it worth transferring your points now?
Whether or not to transfer your points now depends on your immediate travel plans and the value you can derive from Aeroplan redemptions. If you have upcoming travel that aligns with Aeroplan's award chart sweet spots, transferring your points with the 30% bonus could be highly beneficial. However, if your travel plans are uncertain or you're looking at redemptions that don't offer as much value, it might be wise to hold off. It's also worth considering that transfer bonuses are relatively common, so if you're not ready to book travel, waiting for a future bonus might not significantly impact your points' value.
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What are the potential catches?
While the 30% transfer bonus is an attractive offer, there are a few potential catches to be aware of. Firstly, the bonus is only available to those who hold the Chase Aeroplan Credit Card, limiting its accessibility. Secondly, Aeroplan's award chart and availability can be restrictive, making it challenging to find the redemption sweet spots at the right time. Lastly, transferring points is a one-way process, so once you've moved your points to Aeroplan, you won't be able to transfer them back to Chase Ultimate Rewards if you change your mind.
For more insights into award redemption strategies and to find the best deals, visit our curated flight + hotel deals page.
Frequently asked questions
How long does the transfer bonus last?
While the source does not specify the exact duration of the transfer bonus, such offers are typically available for a limited time. It's crucial to confirm the current terms before initiating any transfers.
Can I transfer points from other Chase cards?
The 30% transfer bonus is specifically tied to the Chase Aeroplan Credit Card. However, other Chase cards that earn Ultimate Rewards points, such as the Chase Sapphire Preferred or Chase Sapphire Reserve, can also transfer points to Aeroplan, albeit without the enhanced bonus.
Chase Sapphire Reserve — 75,000-point welcome bonus
$300 annual travel credit, Priority Pass, 3x dining/travel.
Chase Sapphire Preferred — 60,000-point welcome bonus
Spend $4k/3mo. Transfer 1:1 to United, Hyatt, Virgin Atlantic.
How do I find the best redemption options?
To find the best redemption options, consider using our flight + hotel + car award search tool, which can help you navigate the complex world of award travel and identify the most valuable redemptions for your points.
Where can I learn more about credit card strategies?
For comprehensive guides and comparisons on credit cards, including strategies for earning and redeeming points, visit our credit-card guides + comparisons page, and stay updated with the latest news and analysis on the Pointify blog index, as Live and Lets Fly reports, Chase has launched another 20% transfer bonus to Air Canada Aeroplan, which can be effectively sweetened to 30% if you also hold the Chase Aeroplan Credit Card, allowing you to turn Chase Ultimate Rewards points into 1.625 cents toward travel, via Live and Lets Fly.
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