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Chase’s Aeroplan Card Adds More ‘Pay Yourself Back’ Categories

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Jarrod West
Edited by: Nick Ellis
& Jestan Mendame
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Cardholders of the Aeroplan® Credit Card are getting new redemption options via Chase Pay Yourself Back. These effectively function as statement credits that allow you to redeem your Aeroplan points to offset purchases made in select categories at a rate of 1.25 cents per point.

Here is a look at the new redemption options that are being added.

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New Aeroplan Card Pay Yourself Back Categories

Previously, you’ve been able to use Pay Yourself Back with the Aeroplan card to offset your annual membership fee, along with purchases from grocery stores (excluding Target and Walmart), dining, and general travel purchases (on up to 200,000 points through December 31, 2025).

AeroplanPayYourselfBack
Image Credit: Chase

Now, Chase has added 2 additional categories for cardholders, gas stations and home improvement stores, both of which are valid through December 31, 2025. This now gives you a total of 6 purchase categories in which you can redeem your Aeroplan points via Pay Yourself Back.

Additional Pay Yourself Back Categories Coming Later This Year

It has also been reported by AwardWallet that Chase is adding a new category each quarter through the end of the year, with upcoming categories set to be as follows:

  • July 1 through December 31: Utilities and Department Stores
  • October 1 through December 31: Amazon

Since the time of writing, Chase has confirmed that the information reported above is accurate and said it will share further details for each of these categories near the start of each quarter.

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Is It Worth It?

When you redeem your points through Chase Pay Yourself Back, you lock in a redemption value of 1.25 cents per point, lower than our valuation of Air Canada Aeroplan points, which is 1.5 cents apiece.

For the most part, you’ll be able to get far more value out of your Aeroplan points when redeeming for flights through Air Canada and its partners. That said, if you have a large balance of points burning a hole in your pocket and don’t have plans to travel anytime soon, the Pay Yourself Back options give you more opportunities to extract some value.

Hot Tip:

Learn all about the Aeroplan program in our complete guide, including how to earn and redeem points.

Final Thoughts

Having more redemption options is always better than having fewer. Adding new categories like gas and home improvement stores can be beneficial, as these can be sizable purchase categories for many consumers.

Still, if you want to get as much value as possible out of your Aeroplan points, you’re better off skipping the Pay Yourself Back redemptions and opting for Aeroplan award tickets.

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About Jarrod West

Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 8 years. He earns and redeems over 1 million points per year, and his work has been featured in outlets like The New York Times.

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