For the previous two years, the Chase Aeroplan card has offered a cashout option on Aeroplan points at 1.25 cents per point when used to offset purchases in the Travel category.
As of at present (1/1/25), they’ve added a brand new restrict of 200,000 factors per yr which might be redeemed at 1.25 cents per level. That might quantity to $2,500 in Journey purchases being offset should you max out the 200k level restrict.
I’m positive the whales on the market will hate this variation, however personally I like once they make limits that are then hopefully “protected” to make the most of.
The Chase Aeroplan card additionally gives 1.25 cents per level when used to offset the annual payment; this doesn’t eat into your 200k restrict on the Journey class. And there’s additionally an choice to redeem factors to offset Eating & Grocery expenses at a fee of .8 cents per level.
Hat tip to FM
