Through April 27, 2015, Air Canada’s Aeroplan frequent flyer program is offering up to a 25% bonus when converting points from many of their partners to Aeroplan. They seem to run this exact promotion a couple of times per year.
The bonus is tiered, with the following thresholds:
As you can see, for reaching the 5,000, 10,000, 20,000, or 50,000 mile thresholds you earn a 20% points bonus, while for reaching the 100,000 mile threshold you earn a 25% points bonus. The bonus you earn is based on the cumulative miles generated, so not all the miles have to come from a single transfer partner. Registration is not required, and the bonus miles should post 7-10 days after eligible transactions are complete.
The eligible partners include all of Aeroplan’s hotel partners, some rental car partners, and points.com. American Express Membership Rewards transfers are not eligible for the bonus.
There are a couple of circumstances under which this could potentially make sense:
Convert Starpoints into Aeroplan miles
Starpoints convert into Aeroplan miles at a 1:1 ratio, and for every 20,000 points transferred you get 5,000 bonus miles. So if you transferred 80,000 Starpoints you’d get 100,000 Aeroplan miles, plus the 25,000 mile bonus, for a total of 125,000 Aeroplan miles. That’s a conversion rate of ~1.56 Aeroplan miles per Starpoint, which isn’t bad at all.
Earn Aeroplan miles with Marriott’s Flight and Hotel Packages
Another good option is Marriott’s Flight and Hotel Packages, of which Aeroplan is a partner.
Through Hotel + Air packages you receive a set number of free nights plus a set number of miles as part of the package. These packages are in my opinion the best use of Marriott Rewards points to begin with, so the value only gets better when you add in a potential conversion bonus.
To put this into perspective, seven nights at a Category 1-5 property plus 120,000 miles will run you 270,000 Marriott Rewards points.
If you did that, you’d earn a total of 145,000 Aeroplan miles, plus seven free nights at Category 1-5 properties.
Aeroplan certainly isn’t as rewarding of a loyalty program as it used to be. They used to be my single favorite airline frequent flyer program before they devalued their award chart and added fuel surcharges to most partners a couple of years back. But there are still some great redemption values, like 90,000 miles for business class between the US and Europe with two stopovers in addition to your destination. They don’t impose fuel surcharges on many of their transatlantic partner airlines, like Swiss, Turkish, and United.
While I wouldn’t make a speculative transfer to take advantage of this promotion, if you have a specific use in mind it could be worthwhile.
Do you plan on taking advantage of this Aeroplan bonus promotion?