20% Transfer Bonus from Chase Ultimate Rewards to Aeroplan

Chase Ultimate Rewards has once again launched a transfer bonus promotion, this time offering a 20% bonus when converting points to Aeroplan on top of the usual 1:1 ratio.

Among all transferable rewards in the US, Chase typically offers the lowest frequency of transfer bonuses to any transfer partner, and this seventh-ever Aeroplan transfer bonus illustrates the depth of the relationship between Aeroplan and Chase.

The new offer runs from April 1 to April 30, 2026, and it can be an excellent opportunity to rack up Aeroplan points – especially if you also happen to hold the Chase Aeroplan® Credit Card.

20% Transfer Bonus from Chase UR to Aeroplan

Between April 1 and April 30, 2026, all Chase Ultimate Rewards (UR) transferred to Aeroplan will be eligible for a 20% transfer bonus.

This boosts the usual 1:1 transfer ratio to an effective ratio of 1:1.2. In other words, for every 1,000 Chase UR points you transfer, you'll receive 1,200 Aeroplan points (or more, once we factor in the Aeroplan® Credit Card bonus below).

You'll need to transfer at least 1,000 Chase UR points to qualify for the bonus, and you can take advantage of this offer an unlimited number of times.

The listed transfer time is up to seven days, but you can expect your points to arrive much faster than that, as it's typically instant.

Chase Aeroplan Card: An Extra Bonus of 10% Aeroplan Points

If you also hold the Aeroplan® Credit Card, you have the potential to earn an additional 10% bonus alongside the current 20% transfer bonus.

That's because Chase and Aeroplan offer a 10% bonus when converting Ultimate Rewards points into Aeroplan points, as long as you hold a Chase Aeroplan Card.

This began as a temporary promotion; however, Aeroplan has made it a permanent feature, which means that cardholders can enjoy the 10% transfer bonus in perpetuity.

The 10% transfer bonus will be posted separately from the base amount, and can take up to 72 hours to post on your Aeroplan account (though it may take up to seven days).

Note that this extra 10% bonus will apply to the base transfer points, and not on top of the promotional 20% transfer bonus. In other words, the two transfer bonuses will combine additively, not multiplicatively.

For example, when transferring 100,000 Ultimate Rewards points to Aeroplan as a holder of the Chase Aeroplan Card, you'll earn a total of 130,000 Aeroplan points:

• 100,000 Aeroplan points at the normal 1:1 transfer ratio
• 20,000 Aeroplan points as a result of the 20% promotional transfer bonus
• 10,000 Aeroplan points as a result of the 10% Chase Aeroplan Card bonus

There are a two extra conditions for earning the 10% bonus:

• You must transfer a minimum of 50,000 Chase Ultimate Rewards points in a single transaction
• There's a maximum of 25,000 bonus points per calendar year, which is equivalent to transferring 250,000 Chase Ultimate Rewards points

Therefore, if you transfer Ultimate Rewards points to Aeroplan as a Chase Aeroplan Cardholder, you'll earn a combined bonus of 30% (20% promotional + 10% card bonus), corresponding to an effective transfer ratio of 1:1.3, subject to the 50,000-point minimum and the 25,000-point annual cap on the card bonus.

Should You Transfer Chase Ultimate Rewards to Aeroplan?

An effective transfer ratio of 1:1.2, or potentially 1:1.3 if you also hold an Aeroplan® Credit Card, is a very lucrative opportunity.

After all, Aeroplan is one of the most flexible loyalty programs out there, with more than 45 partner airlines, competitive award pricing, and plenty of other attractive features, including stopovers and generous routing rules.

Still, whether or not you should take advantage of this transfer bonus really depends on your personal earning and redeeming habits, and on which side of the border you live.

For Canadians, Aeroplan points are relatively easy to come by with our plethora of cards that earn American Express Membership Rewards points (which transfer 1:1 to Aeroplan) and Aeroplan co-branded credit cards.

Therefore, Canadians earning Chase Ultimate Rewards points might do so with the goal of transferring to Chase's more exclusive partners in World of Hyatt, Virgin Atlantic Flying Club, and Singapore Airlines KrisFlyer, which are much more difficult to access in Canada.

For Americans, however, who might earn Chase Ultimate Rewards points as one of their primary currencies and are sitting on a large haul, there's no reason to pass up this 20% (or 30%) transfer bonus opportunity to Aeroplan.

After all, Aeroplan can certainly be considered one of Chase's most valuable transfer partners, and this 20% bonus would only amplify that value – especially if you're already invested in the program via the Chase Aeroplan Card and can benefit from a further 10% bonus as a result.

Conclusion

Until April 30, 2026, Chase Ultimate Rewards transfers to Aeroplan will be eligible for a flat 20% bonus, for an effective transfer ratio of 1:1.2.

If you also hold the Chase Aeroplan® Credit Card, you'll earn an additional 10% transfer bonus as long as a minimum of 50,000 Ultimate Rewards points are transferred, resulting in an effective ratio of 1:1.3 (subject to a 25,000-point annual cap).

Compared to the tiered bonuses of up to 25% (or 35% with the Aeroplan card) from last winter's promotion, this round is simpler but slightly less generous at the top end. Still, a flat 20% with no minimum threshold beyond 1,000 points makes it easy to take advantage of at any transfer size.