Aeroplan Credit Card by Chase: 3x dining & restaurants, 3x flights / airfare on purchases made directly with Air Canada, 3x groceries / supermarkets, 1x…
The Aeroplan Credit Card is Chase's mid-tier credit card. The $195/yr annual fee includes a 75,000-point welcome bonus after spending $4,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| Air Canada statement credit | $100/semiannual | Up to $50 in statement credits January 1 through June 30 and up to $50 July 1 through December 31, applied automatically for qualifying Air Canada purchases made with the card directly with Air Canada. Gift cards, car rentals, hotel bookings and other third-party partner products bought through aircanada.com, and onboard Wi-Fi are excluded, as are tickets bought through travel agencies, discount travel sites, vacation clubs, tour operators, or as part of a non-airline travel package. |
| Global Entry / TSA PreCheck / NEXUS application fee | $120/quadrennial | One statement credit of up to $120 every four years, reimbursing the application fee for Global Entry, TSA PreCheck or NEXUS when charged to the card by the cardmember or an authorized user. |
Welcome bonus value (year one): ~$1050. Annual statement credits: $220. Minus the $195 annual fee = ~$1075 in year-one net value before any spending earn. RewardsGuru rating: 4.0/5 — based on our net-value methodology.
Best fit: someone whose category spending matches the card's earn multipliers. Skip if: your spending pattern is flat across categories — a 2% flat-rate card would beat this.
75,000 points after spending $4,000 in the first 3 months. At our ~1.4¢/pt valuation, that's roughly $1050 in real value.
Year-one math: welcome bonus value (~$1050) + annual credits ($220) − $195 fee = ~$1075 net before spending earn. Year-two onward, the credits alone need to clear $195 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
2 recurring statement credits: Air Canada statement credit ($100), Global Entry / TSA PreCheck / NEXUS application fee ($120). Total: $220/yr.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Chase's product page has the current rate.