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Card Economics
Annual Fee
$95
Ongoing Annual Value
$286
First-Year Value Estimate
$694
Net Value
+$191
Card type: PersonalForeign transaction fee: NoneCurrency: Air Canada Aeroplan

Sign-up Bonus

60K bonus points after 3K in purchases within the first 3 months
Am I eligible?

Earning Structure

3X pointsDining4.2%
3X pointsGrocery Stores4.2%
3X pointsPurchases made directly with Air Canada4.2%
1X pointsAll other purchases1.4%

Highlighted categories return more than 2%, the rate a flat 2% cash-back card pays on everything.

Where this card ranks

What this card returns on each page, priced against what its points are worth. Open a page to see the card it crowns and why.

Benefits

Worth it for me?
Credits & Perks (3)
  • Global Entry/TSA PreCheck/NEXUS: $120 (Every 4 Years)

    Covers application fee for Global Entry, TSA PreCheck, or NEXUS. Credit applies automatically when charged to card.

  • Instacart: $10 (Monthly)

    Monthly credit on Instacart orders with active Instacart+ membership (enroll by 12/31/27)

  • DoorDash Grocery/Retail (non-restaurant): $10 (Quarterly)

    Quarterly credit on non-restaurant DoorDash orders with DashPass (activation required, through 12/31/27)

Elite Status (3)
  • Air Canada Aeroplan: Elite 25K
  • Air Canada Aeroplan: Maintain 25K Status with $15,000 annual card spend
  • Air Canada Aeroplan: Earn up to 25,000 SQC annually (5K base + 10K at $25K spend + 10K at $50K spend). Automatic 35K status at $75K spend.
Protections (5)
  • Trip Cancellation/Interruption — up to $1,500 — Up to $1,500 per covered traveler, $6,000 per trip for non-refundable fares
  • Trip Delay — up to $500 — Up to $500 per person for delays over 12 hours or requiring overnight stay
  • Baggage Delay — up to $300 — Up to $100/day for 3 days for essential purchases when baggage delayed over 6 hours
  • Purchase Protection — up to $500 — 120 days coverage for theft/damage (90 days for NY residents)
  • Auto Rental Collision Damage Waiver (secondary) — Secondary coverage for collision damage and theft on rental vehicles

Other Perks

  • Free first checked bag for the primary cardmember and up to eight other travelers on the same Air Canada reservation (up to 50 lbs each)
  • Earn 500 bonus Aeroplan points for every $2K spent in a calendar month (up to a maximum of 1.5K bonus points per month)
  • Access to Pay Yourself Back feature for statement credits on travel purchases at a rate of 1.25 cents per point (up to 200K points per year)
  • Complimentary Instacart+ membership for 3 months (enroll by 12/31/27)
  • 10% bonus on Chase Ultimate Rewards transfers of 50,000+ points in a single transaction (max 25K bonus points per calendar year)
  • Complimentary DoorDash DashPass for 12 months (activate by 12/31/27)
  • Preferred pricing on flight rewards requiring fewer points than non-cardholders on Air Canada flights
  • Hotel 4th night free when redeeming 4+ consecutive nights with Aeroplan points at participating hotels (through 12/31/26)
  • Priority Reward after $100K, $250K, $500K, or $750K spend
  • Free award companion for the rest of the calendar year and all of the next year after $1 million spend