Chase finally put live the PayYourselfBack feature on the card_name and it’s pretty cool!
You can use your Aeroplan points to offset any travel purchase on your card_name for 1.25 cents per point!
Travel includes; tickets booked on any airline, hotels, car rentals, tolls, and much more!
Where this gets even more whacky is that you can even get 1.25 cents for travel even on Aeroplan miles that were transferred to Aeroplan from a different program.
You can transfer points from the following programs to Aeroplan and later use the miles to offset any travel purchase at 1.25 cents per point:
| Ratio | Transfer Time | |
| Amex Membership
Rewards |
1:1 | 1-3 Days |
| Chase Ultimate
Rewards |
1:1 | Instant |
| Marriott Bonvoy | 3:1 | 4 Days |
| Capital One Miles | 1:1 | Same Day |
| Bilt | 1:1 | N/A |
Chase in the past has offered up to 30% bonus points when transferring your Chase Ultimate Reward points to Aeroplan. Amex sometimes runs these promos as well.
With PayYourselfBack, these transfer bonuses will be extremely lucrative. Currently, through 06/30/24, card_name cardholders get a 10% bonus when transferring their Ultimate Rewards points to Aeroplan.
How does PayYourselfBack work?
You can charge any travel purchase to your card_name. You then login to Chase and you will have the option to apply points to pay for these charges for up to 90 days after the charge was made. Each point will be worth 1.25 cents per point.
There is no limit of miles you can redeem using the PayYourselfBack feature, but in June 2024 the limit will be 50,000 miles per calendar year.
More benefits of the Chase Aeroplan card
Here you can check out many more benefits of the card_name.
Earn 60,000 points after spending $3,000 within the first 3 months.
– 3 points on groceries and restaurants including takeout and eligible delivery services
– 3 points on purchases made directly with Air Canada
– 1 point on all other purchases
– Plus earn a bonus 500 points for every $2000 you spend per calendar month (up to 1,500 bonus points)
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Great news about the new redemption option for Aeroplan miles with the Chase Aeroplan card! It’s always exciting to see new ways to maximize our rewards and offset travel expenses. Thanks for sharing this valuable information!