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The list of perks is growing for Chase Sapphire Reserve® cardholders.
Cardholders can qualify for an Air Canada Aeroplan certificate and use the benefit to reduce the cost of their fare. Reserve cardholders will need to act fast, as the offer is only available through August 18.
The Fine Print
Chase Sapphire Reserve® cardholders automatically earn a 5,000-point Aeroplan certificate from Air Canada, eligible for redemption toward any cabin fare, when they register from August 5 to August 18.
The offer is only available for the primary cardholder, not authorized users, with one certificate available per account. The certificate expires 365 days after it is deposited into the account, and it may take up to 14 days to appear in the Aeroplan account. The points may only be used toward new and direct bookings with the airline and can’t be applied to current reservations. The value may not be split between multiple passengers.
The certificate can’t be transferred to other Aeroplan accounts, but cardholders can redeem the Aeroplan points to book travel for other passengers if they so desire. There are no restrictions on using the points only toward Air Canada flights, so the certificate may be redeemed on partner airlines as well.
The certificate is redeemable toward award fares, meaning that a 10,000-point flight will be reduced to 5,000 with the certificate. Aeroplan regularly doles out its short-haul economy flights under 500 miles with partners like United Airlines starting at 6,000 points, making the flights just 1,000 points after redemption.
Sapphire Reserve cardholders can make up the difference by transferring their Chase Ultimate Rewards points to Aeroplan at a 1:1 ratio.
Should you need to cancel or change your award flight after redemption, the points will be returned to your account with their original expiration date.
Take a Breather
To sweeten the deal, Sapphire Reserve cardholders and authorized users can kick their heels back at select Air Canada Maple Leaf Lounges and Air Canada Cafés with one complimentary guest when flying on any Star Alliance carrier.
Cardmembers must show their Sapphire Reserve card to enter, as well as an eligible departing same-day boarding pass on any Star Alliance member airline for themselves and each guest. It’s a no-brainer if you plan on flying with the certificate redemption. Note that lounge access is not available for Chase Sapphire Reserve for Business℠ cardholders.
Chase Sapphire Reserve Offer
Those who don’t hold the Chase Sapphire Reserve® still have time to apply for the hefty travel card. Chase is currently offering a welcome bonus of 100,000 bonus points, plus a $500 Chase Travel℠ promo credit after spending $5,000 on purchases in the first three months from account opening. While the card recently saw a jump in its annual fee, from $550 to $795, the welcome offer provides immense value and can help offset the $245 increase.
The card’s $500 Chase Travel promo credit, coupled with the welcome bonus points, is enough to make the card worthwhile for any serious traveler, clocking in with a value of at least $1,500 in total travel. When booking select flights through Chase Travel℠ with a Sapphire Reserve card, points can be worth up to 2x when redeemed, thanks to Chase’s Points Boost system, making the welcome bonus potentially doubly lucrative.
Read more: Revamped Chase Sapphire Reserve: New Benefits And A 100k Point Bonus