Best Aeroplan Credit Cards in Canada for 2024
What You Should Know
- Aeroplan is a loyalty program offered by Air Canada. Aeroplan points can be used for Air Canada and more than 45 partner airline flights, hotels, and other perks.
- Aeroplan credit cards in Canada have a large variety to choose from. Some Aeroplan credit cards are free, while others can cost as much as hundreds of dollars.
- The Aeroplan loyalty program is one of the largest loyalty programs in Canada, with over 200 partners.
What Are Aeroplan Credit Cards?
Credit cards usually provide cashback or rewards denominated in loyalty points. Aeroplan credit cards offer Aeroplan loyalty points for rewards. Aeroplan loyalty program, which is offered by Air Canada, is one of the largest loyalty programs in Canada. Aeroplan points can be redeemed for flights, hotels, trips, and other perks with Air Canada and over 45 partner airlines. Many Aeroplan credit cards are considered the best credit cards in Canada.
Aeroplan credit cards can range from basic no-fee credit cards to premium travel credit cards. Most Aeroplan credit cards are offered by TD, CIBC, and American Express. Many other rewards credit cards also provide loyalty points that can be converted into Aeroplan points.
Best Aeroplan Credit Cards
- Receive 10000 Aeroplan points when you make 1 purchase.
$0.00
Purchase: 20.99%
Cash: 22.99%
Household: $15,000
Fair
Rewards: Aeroplan Points
1 Aeroplan Point ≈ ¢1
- 1 Aeroplan Point for each $1 spent on: gas, grocery and Air Canada.1 Aeroplan Point ≈ $0.01 in cash equivalent.
- 1 Aeroplan Point for each $1.5 spent on: everything else.1 Aeroplan Point ≈ $0.01 in cash equivalent.
- Receive 10000 Aeroplan points when you spend $1,000.00 during the first 3 months.
- Receive 10000 Aeroplan points when you make 1 purchase.
$89.00
Purchase: 20.99%
Cash: 22.99%
Income Requirement Is Not Specified.
Fair
Rewards: Aeroplan Points
1 Aeroplan Point ≈ ¢1
- 1 Aeroplan Point for each $1 spent on: Air Canada.1 Aeroplan Point ≈ $0.01 in cash equivalent.
- 1 Aeroplan Point for each $1.5 spent on: everything else.1 Aeroplan Point ≈ $0.01 in cash equivalent.
- Receive 3000 Aeroplan points every month you spend at least $1,000.00 for the first 10 months.
- Receive 10000 Aeroplan points when you make 1 purchase between 14 and 17 months of Cardmembership.
$120.00
Purchase: 30.00%
Income Requirement Is Not Specified.
Fair
Rewards: Aeroplan Points
1 Aeroplan Point ≈ ¢1
- 2 Aeroplan Points for each $1 spent on: Air Canada.2 Aeroplan Points ≈ $0.02 in cash equivalent.
- 1.5 Aeroplan Points for each $1 spent on: restaurants and food delivery.1.5 Aeroplan Points ≈ $0.015 in cash equivalent.
- 1 Aeroplan Point for each $1 spent on: everything else.1 Aeroplan Point ≈ $0.01 in cash equivalent.
- Receive 20000 Aeroplan points when you spend $6,000.00 during the first 4 months.
- Receive 20000 Aeroplan points when you spend $15,000.00 during the first 12 months.
- Receive 10000 Aeroplan points when you make 1 purchase.
- First Year Fee of $139.00 waived.
$139.00
Purchase: 20.99%
Cash: 22.99%
Household: $100,000
Individual: $60,000
Fair
Rewards: Aeroplan Points
1 Aeroplan Point ≈ ¢1
- 1.5 Aeroplan Points for each $1 spent on: gas, grocery and Air Canada.1.5 Aeroplan Points ≈ $0.015 in cash equivalent.
- 1 Aeroplan Point for each $1 spent on: everything else.1 Aeroplan Point ≈ $0.01 in cash equivalent.
What Is Aeroplan Loyalty Program?
Aeroplan loyalty program is one of the largest loyalty programs in Canada that is owned by Air Canada. It allows customers to collect Aeroplan points by getting rewards with Air Canada, over 45 partner airlines, and certain credit cards. Customers can redeem Aeroplan points to buy flights, hotels, and other perks with Air Canada and participating airlines.
Aeroplan points can be redeemed for airline rewards, but they cannot be redeemed for cash. Many credit card loyalty programs allow customers to redeem points for a statement credit, but Aeroplan credit cards do not allow that.
Aeroplan Points Value
Aeroplan points do not have a fixed dollar value. Instead, the points can be redeemed for flights, hotels, car rentals, and other services the participating airlines provide. This means that the value of points may change based on what service you redeem them for. You can use the Aeroplan point predictor tool to see how you can redeem your points.
The best way to get the most out of Aeroplan points is to book flights because it estimates the value in points based on the miles instead of the dollar value of the fare. If you find a flight you want to get, you can estimate the value of your points for flights using the following formula:
The following tables provide the price of a one-way ticket in Aeroplan points based on the flight distance.
Flight Reward Chart Within North America
| Distance (Miles) | Operated By | Economy | Premium Economy | Business |
|---|---|---|---|---|
| Up to 500 | Air Canada | 6,000 - 10,000 | 10,000 - 20,000 | 15,000 - 25,000 |
| Partner Airlines | 6,000 | 15,000 | ||
| 501 - 1,500 | Air Canada | 10,000 - 15,000 | 15,000 - 25,000 | 20,000 - 35,000 |
| Partner Airlines | 10,000 | 20,000 | ||
| 1,501 - 2,750 | Air Canada | 12,500 - 17,500 | 20,000 - 35,000 | 25,000 - 60,000 |
| Partner Airlines | 12,500 | 25,000 | ||
| 2,751 + | Air Canada | 17,500 - 25,000 | 30,000 - 45,000 | 35,000 - 70,000 |
| Partner Airlines | 22,500 | 35,000 |
Flight Reward Chart Between North America and Atlantic Zones
| Distance (Miles) | Operated By | Economy | Premium Economy | Business | First |
|---|---|---|---|---|---|
| Up to 4,000 | Air Canada | 35,000 - 60,000 | 50,000 - 80,000 | 60,000 - 160,000 | 90,000 - 180,000 |
| Partner Airlines | 35,000 | 60,000 | 90,000 | ||
| 4,001 - 6,000 | Air Canada | 40,000 - 70,000 | 60,000 - 90,000 | 70,000 - 180,000 | 100,000 - 200,000 |
| Partner Airlines | 40,000 | 70,000 | 100,000 | ||
| 6,001 - 8,000 | Air Canada | 55,000 - 80,000 | 70,000 - 100,000 | 85,000 - 200,000 | 120,000 - 225,000 |
| Partner Airlines | 55,000 | 90,000 | 130,000 | ||
| 8,001 + | Air Canada | 70,000 - 100,000 | 85,000 - 160,000 | 100,000 - 220,000 | 130,000 - 250,000 |
| Partner Airlines | 70,000 | 110,000 | 140,000 |
Flight Reward Chart Between North America and Pacific Zones
| Distance (Miles) | Operated By | Economy | Premium Economy | Business | First |
|---|---|---|---|---|---|
| Up to 5,000 | Air Canada | 35,000 - 65,000 | 45,000 - 120,000 | 55,000 - 150,000 | 90,000 - 200,000 |
| Partner Airlines | 35,000 | 55,000 | 90,000 | ||
| 5,001 - 7,500 | Air Canada | 45,000 - 80,000 | 60,000 - 140,000 | 75,000 - 175,000 | 110,000 - 250,000 |
| Partner Airlines | 50,000 | 75,000 | 110,000 | ||
| 7,501 - 11,000 | Air Canada | 50,000 - 90,000 | 70,000 - 160,000 | 85,000 - 200,000 | 130,000 - 300,000 |
| Partner Airlines | 60,000 | 87,500 | 130,000 | ||
| 11,001 + | Air Canada | 65,000 - 110,000 | 80,000 - 180,000 | 105,000 - 250,000 | 140,000 - 350,000 |
| Partner Airlines | 75,000 | 115,000 | 150,000 |
Flight Reward Chart Between North America and South America
| Distance (Miles) | Operated By | Economy | Premium Economy | Business | First |
|---|---|---|---|---|---|
| Up to 2,500 | Air Canada | 20,000 - 45,000 | 35,000 - 100,000 | 40,000 - 150,000 | 60,000 - 175,000 |
| Partner Airlines | 20,000 | 40,000 | 60,000 | ||
| 2,501 - 4,500 | Air Canada | 30,000 - 60,000 | 45,000 - 125,000 | 50,000 - 175,000 | 80,000 - 200,000 |
| Partner Airlines | 30,000 | 50,000 | 80,000 | ||
| 4,501 + | Air Canada | 40,000 - 70,000 | 55,000 - 150,000 | 60,000 - 200,000 | 100,000 - 250,000 |
| Partner Airlines | 40,000 | 60,000 | 100,000 |
Source: Air Canada
How to Choose the Best Aeroplan Credit Card
Your credit card should maximize the return you get on your spending and account for the card's annual fee. Credit cards usually have different ways to earn rewards and have different fees. It is important to consider all credit card characteristics before choosing one that would fit your lifestyle best.
Welcome Bonus
Credit card welcome offers can provide hundreds of dollars in rewards. Many people use credit card churning strategies to take advantage of such great welcome bonus deals and avoid hefty annual fees in the future. Welcome offers are especially attractive for travel credit cards because their rewards can be exchanged for expensive flights and hotels.
Best Aeroplan Credit Card Welcome Offers
| Card | Welcome Bonus |
|---|---|
AMEX Aeroplan Reserve Int. Rate: 20.99% Annual Fee: $599.00 | Up to 85000 Aeroplan points in Welcome Bonus Rewards:
|
CIBC Aeroplan Visa Infinite Privilege Int. Rate: 20.99% Annual Fee: $599.00 | Up to 80000 Aeroplan points in Welcome Bonus Rewards:
|
CIBC Aeroplan Visa Infinite Int. Rate: 20.99% Annual Fee: $139.00 | Up to 50000 Aeroplan points in Welcome Bonus Rewards:
|
AMEX Aeroplan Int. Rate: 30% Annual Fee: $120.00 | Up to 40000 Aeroplan points in Welcome Bonus Rewards:
|
CIBC Aeroplan Visa Int. Rate: 20.99% Annual Fee: $0.00 | Up to 10000 Aeroplan points in Welcome Bonus Rewards:
|
Aeroplan Rewards
All Aeroplan credit cards provide Aeroplan rewards on certain spending categories. This is one of the most important parts of credit card perks. The spending categories usually include gas stations, groceries, restaurants, etc. Some credit cards offer a certain amount of points on every purchase you make.
Other Credit Card Perks
Aeroplan credit cards also have other perks that may not have a clear monetary value. Most Aeroplan credit cards come with insurance and protection policies. Credit cards with travel insurance can save you a lot of money in case of an accident outside your province or country. These policies can help you cover the cost of travel accidents or extend original purchase protections. Aeroplan credit cards sometimes offer other perks, such as Air Canada Maple Leaf Lounges, free checked bags, and free upgrades.
Annual Fee
The annual fee is another important factor to consider when choosing an Aeroplan credit card. Even though some people may be inclined to get a credit card with no annual fee, premium Aeroplan credit cards may provide more value. As a rule of thumb, the more expensive the credit card, the more rewards and perks it has.
Aeroplan Credit Card Perks Based on the Annual Fee
| Annual Cost | Standard Benefits | Our Top Picks |
|---|---|---|
| $0 |
| |
| $99 |
| |
| $120 |
| |
| Over $120 |
|
Interest Rate
The interest rate on Aeroplan credit cards is usually around 19.99%, but it can be as high as 30% for select cards. If you plan to keep a balance on your credit card, the interest rate is another factor to consider. You can use a credit card interest calculator to estimate your interest cost depending on how you want to use your credit card. Aeroplan credit cards usually have high-interest rates, so you should not keep a balance on that credit card. If you plan to keep a balance on your credit card, low-interest credit cards may be a better option for you.
Aeroplan Credit Card FAQs
What Is Aeroplan’s Stopover Policy?
Air Canada allows customers to add a stopover on their flight outside of Canada and the US for an additional 5000 points. This allows savvy travelers to save points and visit more locations on the way to their destination. Air Canada has one of the most generous stopover policies in the industry.
The best way to utilize it is if you plan to take a short trip before arriving at the destination. You can choose the stopover for a few days, which allows you to visit another city or country for an extra 5000 points.
Is Aeroplan Credit Card Worth It?
Generally, Aeroplan credit cards are worth the cost if you use your credit card often enough and you know how to redeem Aeroplan points to get the most value. Most Aeroplan credit cards come with an annual fee, but they also come with great rewards and perks that can be useful for frequent travelers.
Is Avion Rewards Better Than Aeroplan?
Aeroplan points are generally better than Avion rewards. Even though Avion points can be redeemed for a higher value than Aeroplan points in very few cases, the Aeroplan loyalty program has over 200 partners. In addition to that, Avion rewards are offered only by RBC, while Aeroplan credit cards are offered by CIBC, TD, and American Express in Canada.
What Is The Best Way To Get Aeroplan Points?
The best way to maximize your Aeroplan points is through using an Aeroplan credit card. Aeroplan credit cards offer Aeroplan points for every dollar spent on eligible purchases. You can earn as many as 5 points for every dollar spent. Using your Aeroplan credit card can help you get Aeroplan points fast.
Are There Any Instant Approval Aeroplan Credit Cards?
Yes, some low-fee Aeroplan credit cards have instant approval. High-end credit cards may require extended approval to confirm your income and credit score. If you have a bad credit score, Aeroplan credit cards may not be the best option. You may benefit from a credit card for bad credit before switching to an Aeroplan credit card. Most credit cards in Canada have instant approval, which allows customers to get approved for a credit card within a few minutes.
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.