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Yesterday, Aeroplan launched its “richest conversion offer yet.” Now through August 21, get 35% bonus Aeroplan miles when transferring points from one of 10 qualifying hotel partners:
However, not all partners transfer to Aeroplan evenly, so it takes a bit of math to figure out which partners you might want to consider. Based on the latest TPG valuations, Aeroplan miles are worth 1.5 cents per mile. So, you’re not going to want to give up much more than in value to get an Aeroplan mile. We crunched the numbers — here’s the breakdown by program:
|Transfer Partner||Standard Ratio||Max Effective
per transferred point
Per Aeroplan Mile
|Starwood Preferred Guest||1:1||100:169*
25% & 35% bonuses
|2.7 cents||1.6 cents|
Hotel + Air package
|0.9 cents||1.5 cents|
|Wyndham Rewards||5:1||100:27||1.2 cents||4.44 cents|
|Best Western Rewards||5:1||100:27||n/a||n/a|
|Choice Privileges||5:1||100:27||0.6 cents||2.22 cents|
|Club Carlson||10:1||100:13.5||0.4 cents||2.96 cents|
|Hilton Honors||10:1||100:13.5||0.6 cents||4.44 cents|
|Le Club AccorHotels||2:1||100:67.5||n/a||n/a|
|Gold Circle (Shangri-La)||1:1||100:135||n/a||n/a|
While American Express Membership Rewards transfer to Aeroplan, unfortunately it isn’t a participating program for this transfer bonus.
Not only is 35% the best conversion rate yet, there’s also no tier structure to this bonus — the promotion offers a flat 35% bonus on all point transfers. Even better, there’s no maximum number of bonus miles that you can receive from this promotion.
The only catch in the terms and conditions to beware of: “Bonus Aeroplan Miles may take up to 4‑6 weeks to be credited after the promotional offer end date of August 21, 2017.” This means you might have to wait until early October before the 35% bonus posts. Also, it’s important to remember that Aeroplan miles expire if your account doesn’t have activity within 12 months. In case you’re wondering, transferred points don’t count toward Aeroplan elite status.
Why You Want Aeroplan Miles
In case you haven’t heard of Aeroplan — or haven’t considered transferring points to the program — let’s take a look at why these miles matter. One of the best uses of Aeroplan miles is for business-class flights to Europe — which cost just 110,000 miles round-trip. Or, you can book a round-trip first class award to Europe for 140,000 miles round-trip. Even better, you can book two stopovers along the way for free.
However, you’re going to need to be wary of the fuel surcharges that will be passed along from some airlines — which can easily top $1,000 for a round-trip to Europe on carriers like Lufthansa. To avoid these fuel surcharges, you’ll want to book flights on carriers like United, SAS, Turkish Airlines, Singapore Airlines or Brussels Airlines.
Aeroplan is also one of the best infant-friendly programs. A lap infant will cost just $50 in economy, $75 in premium economy, $100 in business class or $125 in first class.
How To Maximize
Value-wise, the best way of taking advantage of this offer is to transfer Marriott Rewards points to Aeroplan via Marriott’s Hotel + Air packages. However, you’re going to need a bunch of points to get the best offer — 270,000 Marriott points transfers to 162,000 Aeroplan miles plus a seven-night stay at a Marriott category 1-5 hotel which must technically be redeemed within a year, however you may be able to get Marriott to extend it for another year.
If you’re wondering how to get that many Marriott points, remember that you can transfer Starwood Preferred Guest Starpoints to Marriott Rewards points at a 1:3 ratio. So, you’d need just 90,000 Starpoints to get the 162,000 Aeroplan miles (plus hotel nights). This is enough for the an aforementioned 140,000-mile round-trip redemption to Europe — with another 22,000 miles to spare.
You also have the option of transferring Starpoints directly to Aeroplan. This isn’t a bad deal for smaller transfers — 20,000 Starpoints would end up being 33,750 Aeroplan miles after SPG’s 5,000-mile bonus per 20,000 point transfer and the 35% bonus.
However, if you’re looking at transferring large amounts of Starpoints, you’re better off first transferring them to Marriott points and then to Aeroplan via the Hotel + Air packages. 90,000 Starpoints could net either 148,500 Aeroplan miles if transferred directly or the 162,000 Aeroplan miles and a 7-night stay mentioned above.
Remember that you should have a redemption in mind before transferring points or miles. That said, if you find a good use of Aeroplan miles for your travel plans, utilizing this transfer bonus can provide excellent value.
Are you taking advantage of this transfer bonus?
With great travel benefits, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game. Here are the top 5 reasons it should be in your wallet, or read our definitive review for more details.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
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- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
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