Turn Chase Ultimate Rewards into Air Canada Aeroplan Points with a 20% bonus

Through January 15, 2025, you'll receive a 20% bonus on Chase Ultimate Rewards transfers to Air Canada's Aeroplan. Transfer bonuses, if you're unfamiliar with them, are promotions that incentivize you to exchange one point of currency for another. As one of the most versatile 'bank points,' Chase Ultimate Rewards can be transferred to 14 travel partners. This current transfer bonus with Air Canada might be a good deal if you're seeking to top up your Aeroplan balance for an immediate redemption.

It's worth mentioning that Air Canada habitually sells points throughout the year (usually with a bonus between 80-100%), so depending on your situation, it may make sense to purchase Aeroplan points directly through Air Canada's website (via points.com) if you only need a handful. As Chase Ultimate Rewards can be deployed in many different ways, there's a real opportunity cost to transfer them out when there are relatively frictionless alternatives. Over the last few years, the best transfer bonus we've seen between Chase and Air Canada is 30% so while the current offer may not not be as high, it is in line with what we've come to expect from the last few offers. Chase and Air Canada team up to offer these transfer bonuses one to two times a year.
How Do You Transfer Chase Ultimate Rewards to Air Canada Aeroplan?
Transferring your Ultimate Rewards is simple:
- Start by logging into your Chase account at chase.com, then navigate to the Ultimate Rewards portal and select 'Travel' from the top menu, then 'Transfer points to partners' from the dropdown.

- Given the promotion, Aeroplan will be one of the first programs you see on the page. Select Aeroplan from the list.

- Click 'Transfer Points' and follow the prompts to complete the process.

What are Some Good Uses of Aeroplan Points?
Oftentimes you'll find the best redemption deals come from using the loyalty currency of one airline to redeem for a flight on another airline. For example, one might redeem Aeroplan Points to fly with a partner airline, say EVA Air, as they are members of the same airline alliance - Star Alliance. Airlines also strike one-off partnerships with others airlines, even if they aren't part of the same alliance, thus enabling members to earn and redeem miles when flying each respective program. This is a key concept for playing the points and miles game and I touch upon this briefly in this Introduction to Points and Miles - A Primer post.
The Aeroplan loyalty program is a favorite among points and miles enthusiasts due to the good availability of premium cabin partner awards seating, reasonable redemption costs and relatively low taxes and fees tacked that accompany award fares. There are truly so many great redemption options within Aeroplan.
For example, for just 130,000 points you can fly in style - first class - between the Abu Dhabi and the U.S. East cost on Etihad Airways.

Or if you're keen on seeing the Swiss Alps, you could fly Edelweiss Air business class, a Lufthansa subsidiary, from Bogota to Zurich.

Conclusion
If you plan to take advantage of this 20% transfer bonus between Chase and Air Canada you have until the January 15, 2025 to do so.
Feel free to share your favorite Aeroplan redemption ideas in the comments!