Is the Chase Air Canada Aeroplan card annual fee now $195?

Yes. The Chase Air Canada Aeroplan card annual fee rose from $95 to $195 with the September 10, 2026 refresh. Up to $100 comes back each year as two $50 Air Canada statement credits, one per half of the calendar year.

Do existing cardholders get the new benefits?

Existing Chase Air Canada Aeroplan cardholders receive the new credits, automatic status and award discount now, and keep the old earning rates and bonuses through December 31, 2026. The $195 fee applies at the first renewal after that.

Does the 15% award discount work on partner flights?

The Aeroplan 15% discount applies when a one-way award includes at least one Air Canada-operated flight, per Air Canada. An award flown entirely on partners such as Lufthansa or United pays the full points price.

When does the Ultimate Rewards transfer bonus end?

The 10% bonus on Chase Ultimate Rewards transfers of 50,000 points or more to Aeroplan runs through December 31, 2026. Transfer before then or lose it.

Should I get the Chase Aeroplan card for the 115,000-point offer?

The Chase Air Canada Aeroplan card offer is large, and the second tier requires $20,000 of spending in a year at 1x. A transferable-points card earns more on the same spending and still lets you transfer to Aeroplan. Apply only if you fly Air Canada on paid tickets and will use the credits.