A few times per year Aeroplan offers a bonus when you convert hotel points into miles (most recently they offered one this March, and prior to that last November). Well, Aeroplan has just announced their latest bonus, which is even better than past ones. That’s because the bonus is bigger than usual, and you also don’t need to convert as many points to maximize the bonus. I guess it’s not surprising to see Aeroplan get more aggressive with their partner offers, given that Aeroplan will no longer be the frequent flyer program of Air Canada as of 2020.
Through this promotion you can earn a 35% bonus if you convert hotel points into Aeroplan miles between July 17 and August 21, 2017.
This bonus is significantly better than we’ve seen in the past. For example, the last promotion offered up to a 30% bonus on points transfers, but in order to get that bonus you had to convert hotel points equivalent to 200,000 Aeroplan miles.
The following hotel partners are participating:
Registration is not required for this promotion, and the bonus miles should post 4-6 weeks after the end date of the promotion (though in practice they may post sooner).
Transfers from other partners, including Amex Membership Rewards, don’t qualify for this promotion.
There are a couple of circumstances under which this could potentially represent a good value (and keep in mind you can transfer points between Marriott Rewards and Starwood Preferred Guest):
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 20,000 Starpoints you’d receive 33,750 Aeroplan miles, which is ~1.69 Aeroplan miles per Starpoint.
Earn Aeroplan miles with Marriott’s Hotel + Air Packages
Another good option is Marriott’s Hotel + Air 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 receive a total of 162,000 Aeroplan miles, plus seven nights at a Category 1-5 property.
Aeroplan certainly isn’t as rewarding of a points program as it used to be. They used to be my single favorite airline points program before they devalued their award chart and added fuel surcharges to most partners several years back. Then in December 2015 they had another devaluation, though it wasn’t as extreme.
But when you factor in the good value of converting partner points to Aeroplan, and then the current promotion on top of that, there are definitely circumstances under which it could make sense to take advantage of this promotion. This is the most generous bonus I ever recall seeing from them for converting hotel points into Aeroplan miles.
110,000 miles for roundtrip business class between the U.S. and Europe is still a good deal, especially if you can take advantage of the two stopovers (in addition to the destination), which is an extremely generous policy. Just make sure you fly on a carrier for which Aeroplan doesn’t impose fuel surcharges, like Brussels, SAS, Swiss, Turkish, or United.
Redeem Aeroplan miles for travel in Swiss business class
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?
(Tip of the hat to Frequent Flyer Bonuses)