Air Canada Chase and Mastercard to Issue Co-Branded U.S. Credit Card
Launching in late 2021, Air Canada’s new Aeroplan Credit Card from Chase will be available in the U.S. market and Aeroplan will also become a transfer partner in the Chase Ultimate Rewards program.
On Monday (December 14, 2020), Air Canada announced a new partnership with Chase and Mastercard to issue a co-branded U.S. Aeroplan credit card. Chase is the largest affinity credit card issuer, while Air Canada is Canada’s largest airline and a founding member of the global Star Alliance network. With the new partnership, Chase will become the exclusive issuer of the Aeroplan U.S. credit card and Mastercard will become the exclusive payments network for the new U.S. offering. The announcement follows Air Canada’s recent launch of its transformed Aeroplan loyalty program, bringing more value, increased flexibility, unparalleled access and flight rewards with more than 35 airline partners. In Monday’s announcement, Air Canada’s Vice President – Loyalty and eCommerce, Mark Nasr, said,
“We are delighted to partner with Chase and Mastercard to relaunch our U.S. co-brand credit card. Chase's many strengths, including digital innovation, customer service excellence and a world-class brand, will help us deliver a best-in-class product for US-based Aeroplan members. The strength of the newly transformed Aeroplan program combined with this partnership will drive significant growth and engagement — focusing on the over two million U.S. residents with strong ties on both sides of the border.”
Also commenting on the new U.S. Aeroplan credit card, Chase’s President of Co-Brand Cards, Ed Olebe, added,
“We are thrilled to be partnering with Air Canada, a company we greatly admire, on a new credit card for U.S. consumers. We look forward to jointly offering innovative perks and flexible rewards delivered as part of the transformed Aeroplan loyalty program.”
Speaking on the new partnership, Mastercard’s President – U.S. Issuers, Linda Kirkpatrick, further stated,
“Mastercard, Air Canada, and Chase share the same commitment to putting the cardholder at the center – providing meaningful experiences that support everyday spending and passion points. We look forward to working with these terrific partners to deliver a compelling value proposition that resonates with cardholders.”
The new Aeroplan Credit Card from Chase is expected to launch in late 2021 and Aeroplan will also become a transfer partner in Chase’s Ultimate Rewards program.
Air Canada is Canada’s largest domestic and international airline, serving over 51 million guests in 2019. The Canadian flag carrier is a founding member of the Star Alliance and the only international network carrier in North America to receive a Four-Star ranking from Skytrax, who also named the carrier ‘2019 Best Airline in North America.’
Source: Air Canada