December 8th, 2010

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Air Canada’s frequent flyer program, Aeroplan (which is actually a separate company from the airline), has some good awards, especially the 80,000 point business class from North America to most parts of central/Western Europe. They also have a competitive card sign-up bonus going on right now for their co-branded American Express Aeroplan Plus Platinum card: 50,000 points (25,000 with first purchase and 25,000 after $1,000 spend in first three months). Simply sign-up through the link and use promo code 50100. While the card comes with a hefty $499 annual fee, you can cancel it after hitting your spend to get a prorated rebate on your annual fee. If you want to keep your card, the benefits may pay for themselves. If you already have an American Express Platinum card, some people have had luck convincing Amex to let them keep both cards for one $499 annual fee. This may depend on your history with Amex, but it can’t hurt to ask if you already have a Platinum card.

Key benefits:

1.25 miles per dollar spent on first $25,000 in spend
1 mile per dollar after $25,000 in spend
2 for 1 shorthaul 15,000 mile redemption
Access to the Maple Leaf Lounge
Priority check-in
Free Priority Pass Membership ($27 access to hundreds of international lounges)
Free Hertz Gold (one class upgrades)
Fairmont Platinum after 5 stays (link)

If you aren’t into the $499 annual fee, you can still getthe Aeroplan Plus Gold Card for $120/year.

Note: these are charge cards, so the balance must be paid off each month, or else you pay a steep 30% annual interest on your carried balance (which would easily negate the value of points received).

The Platinum Card® from American Express

While this premium card has one of the highest annual fees on the market, it has several valuable perks that could make it worthwhile, depending on your travel patterns. These include a $200 annual airline rebate, lounge access, free Hilton Gold status and free Starwood Preferred Guest Gold status.

Apply Now
More Things to Know
  • Earn 40,000 Membership Rewards® points after you use your new Card to make $3,000 in purchases in your first 3 months.
  • 5X points for flights booked directly with airlines or with American Express Travel.
  • $200 Airline Fee Credit, up to $200 a year for baggage fees and more at one airline. Terms Apply.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations worldwide. Terms Apply.
  • Enroll to enjoy the benefits of complimentary Hilton HHonors™ Gold Status with your Platinum Card.®
  • No interest charges because you pay your balance in full each month.
  • Terms and Conditions apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$450
Balance Transfer Fee
See Terms
Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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