It’s your last chance to apply for the huge bonus on the Chase Aeroplan Credit Card (worth up to $1,500 in flights)

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• On April 20, 2022, the Aeroplan® Credit Card will lose its offer of Aeroplan® Credit Card.
• Insider estimates that this bonus is worth Aeroplan® Credit Card, on average.
• Even if you never intend to fly Air Canada, you can use its rewards for (nearly) free airfare on partners like United Airlines.
• Read Insider’s guide to the best airline credit cards.

You’ve got one day left to jump on the Aeroplan® Credit Card‘s bonus of Aeroplan® Credit Card. Insider estimates this bonus to be worth Aeroplan® Credit Card — but it disappears on April 20, 2022. We don’t know what the new bonus will be.

This is one of the most unique airline credit cards we’ve ever seen. From its ongoing benefits to its sign-up bonus to the ways it allows you to redeem your points, every element displays a flair of novelty.

With this card, you’ll get benefits such as:

• Free first checked bag on Air Canada flights
• New cardholders automatically receive Aeroplan 25K status for the remainder of the calendar year, plus the following calendar year (and requalify for 25K status by spending $15,000+ in a calendar year)
• Global Entry/TSA PreCheck/NEXUS application fee credit
• Redeem points for eligible travel purchases through Pay Yourself Back (1.25 cents per point)

Not bad for a card with just a Aeroplan® Credit Card annual fee.

Chase Aeroplan Credit Card bonus ending

You have just one day left to apply for the Aeroplan® Credit Card sign-up bonus of Aeroplan® Credit Card. Insider estimates that Aeroplan points are worth 1.5 cents each, on average — making this bonus worth potentially Aeroplan® Credit Card in airfare.

However, it’s important to understand that you won’t actually be receiving “points.” You’re receiving two certificates that are both worth up to 50,000 points each. These certificates can’t be combined, and if you redeem them for a flight costing less than 50,000 points, you’ll forfeit the remaining value of the certificate.

For example, if you use a 50,000-point certificate to book a one-way domestic flight to Hawaii costing 22,500 Aeroplan points, you’ll forfeit the certificate’s remaining value of 27,500 points. A better value would be to use your certificate for a more pricey flight, like a one-way business class seat to Mexico.

If you want to redeem a certificate for a flight costing more than 50,000 points, you can use it in tandem with Aeroplan points. You can easily accrue Aeroplan points by transferring Chase Ultimate Rewards points (1:1), Amex Membership Rewards points (1:1), Capital One miles (1:1), or Marriott Bonvoy points (3:1) instantly.

Read more: Air Canada Aeroplan Credit Card review

How to use Air Canada Aeroplan points

Here’s a helpful tip when trying to decide if this card is a fit for you: Even if you never plan to step foot on an Air Canada flight, you can still get $1,500+ in value from this card. Air Canada has 45 airline partners, such as United Airlines, SWISS, ANA, and many more.

To understand how many points you’ll pay for a given flight, you’ll have to examine Aeroplan’s award charts. They base prices off both region/distance-based pricing and dynamic pricing, varying by availability. A quick domestic hop in coach may cost just 6,000 points, while longer flights can cost 25,000 points.

Air Canada is one of the better award programs for getting outsized value for your points. Here are a few fun things you can do:

• Coach flights under 500 miles within North America (including Mexico, Central America, and the Caribbean) cost 6,000 to 10,000 points. Flight lengths from 501 to 1,500 miles cost 10,000 to 15,000 points.
• Flights from the West Coast to Hawaii cost 12,500 points in economy and 25,000 points in business class.
• Coach flights to Europe cost between 35,000 and 40,000 points, business class costs 60,000 to 70,000 points, and first class costs 90,000 to 100,000 points.

Read more: How to earn, redeem, and maximize Air Canada Aeroplan points

You can also choose to redeem your points through Chase Pay Yourself Back. Cardholders can “erase” qualifying purchases made in the past 90 days at a rate of 1.25 cents per point. You can offset expenses such as:

• Airfare (with any airline)
• Hotels
• Car rentals
• Cruises
• Travel agencies
• Discount travel sites
• Campgrounds
• Trains
• Buses
• Taxis/limousines
• Ferries
• Toll bridges/highways
• Parking lots/garages

You can only redeem up to 50,000 points per year ($625 in value) toward Pay Yourself Back. This is a nice option if you don’t have plans to fly and want to cover other travel expenses with rewards.

Read more: Chase Pay Yourself Back gets you up to 50% more value when you redeem points for dining, internet, department stores, and more — here’s how it works

Again, if this card doesn’t sound like it will fit your lifestyle, you can still earn Aeroplan points from cards that earn transferable points, such as the Chase Sapphire Preferred® Card which comes with Chase Sapphire Preferred® Card. Or The Platinum Card® from American Express, which comes with The Platinum Card® from American Express.

But remember, you’ve got until April 20, 2022, before this current (very generous) Aeroplan® Credit Card bonus disappears.