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Transfer bonuses always make us points enthusiasts jump for joy because it’s basically getting points or miles for FREE.
And today, we have great news for you because cardholders of the Chase Aeroplan Credit Card are getting a 10% transfer bonus when transferring their Chase points to Aeroplan. This is not a short-term promotion as it will run through December 31, 2023.
Just to clarify for the newbie points geeks here, the Chase Aeroplan Card earns Aeroplan points which means that you also need to have a Chase Credit Card that earns Chase Ultimate Rewards points to participate in this offer.
In simple terms, you need to have both an Aeroplan Card and any of the following cards below:
- Chase Sapphire Preferred Card
- Chase Sapphire Reserve
- J.P. Morgan Reserve
- Ink Plus
- Ink Business Preferred
- Chase Corporate Flex
Here’s an example:
Let’s say you have a Chase Sapphire Reserve Card and you currently have 100,000 Chase points in your Chase account.
Chase points normally transfer to Aeroplan at a 1:1 ratio so if you choose to transfer those 100,000 Chase points to your Aeroplan account, you’ll only get 100,000 Aeroplan points in return.
However, if you have a Chase Aeroplan Credit Card, you won’t just get 100,000 Aeroplan points but you’ll get 110,000 Aeroplan points because of the 10% Chase transfer bonus.
This move is actually a great marketing strategy for Aeroplan as it will motivate current Chase cardholders into getting the Aeroplan Card.
Chase Transfer Bonus Restrictions
The transfer bonus is a great offer since you can stack up on Aeroplan Points which could get you business class flights to Europe for only 60,000 points!
However, there are a few restrictions that you need to remember:
- A minimum transfer of 50,000 Chase Points is required to earn the 10% bonus.
- The maximum number of points you can transfer per year is 250,000 points which means a maximum bonus of 25,000 points.
- The bonus points will appear separately in your Aeroplan account within 72 hours up to a week.
Always remember that transferring your points is irreversible so make sure you have an upcoming trip where you can make use of those points. If you need help with point transfers and finding the best award deals, you can check out our Award Travel Concierge.
This Chase transfer bonus is one of the best we’ve seen so far. While the bonus might not be as high as we hoped but the time period you’re allowed to do it makes this promotion a very solid one. You rarely see a promotion that runs for more than one calendar year!
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