Air Canada Aeroplan Card Hits Record Welcome Bonus with New Perks

The Chase Air Canada Aeroplan Credit Card now offers up to 115,000 bonus points for new cardholders. The card's annual fee increased to $195, but it includes automatic 25K status, 15% savings on award flights, and up to $100 in annual statement credits. This is the best welcome offer the card has ever had.
The elevated bonus requires a substantial initial outlay, with the full 115,000 points only unlocked after $20,000 in annual spending. Based on current point valuations, this maximum reward equates to roughly $1,725 in travel value.
The annual fee jump to $195 is offset by new recurring benefits, including automatic elite status and annual statement credits. Prospective applicants should also note Chase's strict 5/24 rule, which may block approval for those who have opened multiple cards recently.
This offer could reshape how budget-conscious travelers approach premium airline cards, as the higher fee and spending threshold may deter casual users while rewarding high-spenders. It may also influence competitive dynamics among airline loyalty programs, potentially prompting other carriers to enhance their own co-branded card perks to retain customer loyalty.