What happened
As of October 4, 2026, Chase Aeroplan cardholders can offset the $195 annual fee at 2 cents per point through Pay Yourself Back, up from 1.25 cents.
Chase recently raised the annual fee from $95 and added benefits. Pay Yourself Back against travel charges is unchanged at 1.25 cents per point. Cardholders previously needed 7,600 points to erase the $95 fee and now need 9,750 points to erase the $195 fee, which leaves the hike only slightly more expensive in points. Doctor of Credit's readers spotted the 2-cent annual-fee rate. Chase did not publish an announcement.
Use Pay Yourself Back at 2 cents per point to cover the $195 annual fee.
- Starts
- Oct 4, 2026
- Numbers
- $95: previous annual fee
- $195: new annual fee
- 1.25 cents per point: previous Pay Yourself Back rate for the annual fee
- 2 cents per point: new Pay Yourself Back rate for the annual fee
- 1.25 cents per point: Pay Yourself Back rate against travel charges
- 7,600 points: points previously needed to offset the $95 fee
- 9,750 points: points now needed to offset the $195 fee
- Who qualifies
- Chase Aeroplan cardholders
- Takeaway
- If you hold the Chase Aeroplan card, consider using Pay Yourself Back at 2 cents per point to cover the $195 annual fee.