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Now through April 27, Aeroplan is running one of its periodic partner point conversion bonuses where Aeroplan members can earn up to 25,000 bonus miles by transferring points from their loyalty accounts with Aeroplan’s partners into their Aeroplan accounts. You can find all the details at this promo page.
How the Bonus Works
As usual, the bonus is tiered – the more points you convert, the more bonus miles you end up with. When you convert enough points to create the following amount of Aeroplan miles, here are the bonuses you earn:
5,000 miles – 1,000 bonus
10,000 miles – 2,000 bonus
20,000 miles – 4,000 bonus
50,000 miles – 10,000 bonus
100,000 miles – 25,000 bonus
Participating transfer partners include:
- SPG Starwood Preferred Guest
- Marriott Rewards
- Hilton HHonors
- Club Carlson
- Best Western Rewards
- Wyndham Rewards
- Accor AClub
- Choice Privileges
- Coast Rewards
- Golden Circle Award (Shangri-La Hotels)
- Points.com (note that only exchanges are eligible for the bonus but not points trades with other members)
Unfortunately, as usual, one of Aeroplan’s major transfer partners, American Express Membership Rewards (this is the points program of cards like the Platinum, Premier Rewards Gold and EveryDay Preferred cards) is not participating.
Also note that per the terms and conditions, a maximum of 25,000 bonus points can be earned per Aeroplan member.
Before you go converting all your points to Aeroplan with the hopes of booking Star Alliance awards all over the place, remember that Aeroplan levies huge fees on many partner awards, so check out our series on Aeroplan award taxes and fees before you start strategizing.
With that in mind, there are a couple of scenarios in which this conversion bonus might be worth it to you. First, let’s take a look at the award chart from North America. Aeroplan devalued its award chart last January, with redemption levels increasing by about 20% on flights from Canada and the continental US to Asia, the Middle East and North Africa, and Australia/New Zealand/South Pacific. However, there are still some bright spots. Here’s the chart :
There are some interesting values to pull out of here. The first couple are those economy redemptions from Canada and the continental US to Europe 1 (which is Western Europe and includes most countries except Turkey) and Southern South America at 60,000 miles roundtrip; and 90,000 miles for roundtrip business class from North America to Europe 1, which is still a great value.
Here are some options where this might be worth it. The first transfer partner to consider is Starwood Preferred Guest. Normally, if you transferred 40,000 SPG points to Aeroplan, you would end up with 50,000 Aeroplan miles (including the 10,000 miles SPG will give you for the transfer bonus). With this promo, you’d earn an additional 10,000 bonus miles for a total of 60,000 miles – enough for an economy redemption to Europe 1 or Southern South America.
For that 90,000-mile business-class redemption, you’d need to transfer just 65,000 SPG points. By doing so, you’d end up with 80,000 Aeroplan miles + 10,000 bonus miles for the total 90,000. I tend to value SPG points much higher when used for hotel redemptions rather than for airline redemptions, but if you were thinking of converting some SPG points to Aeroplan anyway, this could be a good option to get more bang for your point.
The other interesting option I would consider is Marriott’s Air + Hotel packages:
With them, you bundle your Marriott points and a miles conversion into one big transaction that equates your Marriott points to 1 mile each. As you can see in the table above, which includes Aeroplan as an airline partner, conversions start at 200,000 Marriott points. For that, you get 7 nights in a Category 1-5 hotel and 50,000 miles. Depending how many points you bundle, you can bank as many as 120,000 miles. So if you had enough Marriott points for one of these, let’s say converting 250,000 points into a 5-night stay at a Category 1-5 hotel + 100,000 miles, you’d actually end up with 125,000 miles instead, a nice 25% bonus. Take a look at this post on maximizing Air + Hotel packages.
If you decide you want to transfer to Aeroplan despite the devaluation, below are all the full terms and conditions.
Chase Sapphire Preferred® Card
|Intro APR||Regular APR||Annual Fee||Foreign Transaction Fee||Credit Rating|
|N/A||See Issuer's Terms||Introductory Annual Fee of $0 the first year, then $95||0%||Excellent Credit|