Earn 2,500 bonus Aeroplan miles after signing up for a new account
On Tuesday, Air Canada announced what the future of its loyalty program Aeroplan will look like — and, for the most part, the new program is positive. As of later this year, Aeroplan will begin rolling out its phased relaunch, before the entire program is live by next year. And now, the program is trying to entice new customers to sign up.
Sign up for the free daily TPG newsletter for more airline and loyalty program news!
As first reported by One Mile at a Time, Aeroplan is offering new members 2,500 bonus miles just for signing up at this link. In order to get the 2,500 bonus miles, you have to register to become a member and earn one mile by Sept. 30.
You can earn one mile by Sept. 30 by flying and crediting your Star Alliance or other partner flight to Air Canada, buying miles or converting points from Marriott Bonvoy to Aeroplan miles. Perhaps the easiest way of all is by transferring 1,000 American Express Membership Rewards points to Aeroplan. The instant transfer will qualify you for the bonus miles.
Based on TPG's most recent valuations, 2,500 miles are worth around $38 at this moment. However, when the new program launches in November, the miles will be converted to points in the new program, and they could become more valuable, given the changes to the program.
Related: 11 of the most innovative and exciting changes coming to Air Canada's Aeroplan
On Tuesday, Aeroplan unveiled what the future of the program will look like — and, to break the loyalty program trend, it's not a devaluation. In fact, Aeroplan took the route of innovating its offering to give members new ways to earn and spend their points. As part of that, Aeroplan announced that, while it was raising redemption amounts in some cases, it was removing surcharges. Meaning you may expect to spend more miles for the redemption, but gone are the days of surcharges of more than $1,000.
Additionally, the program is adding some innovative new benefits for members. For example, with the introduction of Family Sharing accounts, families can now pool their point balances together and redeem points from the pool.
Related: Why Air Canada's promise to not remove award charts is such a big deal
Ultimately, if you're not yet an Aeroplan member, this is a perfect time to sign up. And if you have family members who also don't yet have an Aeroplan account, you may want to sign them up for an account. Then, come November when the new program officially launches, if you pool the points together, you could have a decent amount of points in your pooled account.
TPG featured card
at Bilt's secure site
Terms & restrictions apply. See rates & fees.
| 1X | Choose to earn up to 1X points on rent and mortgage payments with no transaction fee |
| 2X | Earn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases |
Pros
- Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
- Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
- $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
- $200 Bilt Cash annually
- Priority Pass membership
- No foreign transaction fees
Cons
- Moderate annual fee
- Designed primarily for members seeking a premium, all-in-one card
- Earn points on housing with no transaction fee
- Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
- 2X points on everyday spend
- $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
- $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
- Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
- Priority Pass ($469/year value). See Guide to Benefits.
- Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.