The Chase Aeroplan Card allows cardholders to redeem Aeroplan points for a statement credit at a rate of 1.25 cents per point. Earlier this year, Chase shut down the accounts of some Aerpolan cardholders for abusing this benefit.
Now, Danny the Deal Guru reports that new terms have been added to the card:
"Only Aeroplan Points earned under the Aeroplan Program, the Chase Aeroplan Card, and Chase Ultimate Rewards® can be used for Chase Pay Yourself Back. Points converted from other programs are not eligible."
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