If you have a Chase Ultimate Rewards account, you can transfer points to participating frequent travel programs. One program you can transfer points to is Aeroplan which is the loyalty currency of Air Canada. Usually one Ultimate Rewards point equals one Aeroplan Mile. So 1,000 Chase Ultimate Rewards points will yield 1,000 miles.
However, through 7/31/2024, you can receive 20% more Miles when you transfer Ultimate Rewards points to Aeroplan. So during this offer, 1,000 Chase Ultimate Rewards points will yield 1,200 Aeroplan Miles.
If you are trying to accumulate Aeroplan Miles right now, this may be something you may want to consider taking advantage of.