Since the split between Air Canada and Aimia, Aeroplan has really attempted to improve their program. This has included implementing improvements with booking awards, adding features online to manage reservations, and improving call center wait times, among others.
One thing they have also improved are their transfer promotions, where you get a bonus for transferring your hotel points to Aeroplan. The latest promotion has just launched, and is similar to the other promotions which run a few times a year. Until December 11, 2017, you can earn 30% more miles when you convert hotel points to Aeroplan.
Aeroplan Transfer Bonus – Nov 2017
The bonus is pretty straightforward – you get a 30% bonus on the total of the points you transfer from various hotel partners. These include Starwood, Marriott, and IHG, among others. The sum of the transfers must total at least 5,000 Aeroplan.
Transfers from American Express Membership Rewards as well as CIBC Aventura Visa Cardholders do not earn the bonus. Transfers from hotel points are not instant, so be aware of that if you need to book a ticket immediately. The only difference with this promotion is that Marriott Hotel + Air Packages do not qualify.
However, I’m not sure how Aeroplan would detect a transfer of 140,000 Marriott to 50,000 Aeroplan versus the Hotel and Air Package of 200,000 Marriott to 50,000 Aeroplan and a 7 night certificate. Unfortunately this transfer bonus is not as lucrative as before, although still not a bad option.
Transferring Starwood to Aeroplan
SPG transfers at a 1:1.25 ratio in increments of 20,000 points. With this additional 30% bonus, you’ll earn an additional 7,500 miles. 20,000 SPG points converts to 32,500 points, a ratio of 1:1.69, which is excellent. You can stack this with the 35% Discount on Buying SPG Points. You can buy 20,000 SPG points for $455, which means each Aeroplan mile costs only 1.45 cents.
I feel comfortable transferring enough Aeroplan to use for the next year. It’s unlikely that the value of Aeroplan will decrease, especially as they’re aiming to compete against Air Canada after 2020. To find out more, see my take on whether I’ll still be collecting Aeroplan miles.
Aeroplan still has very many good uses, including Lufthansa First Class for only 70,000 miles flying from Europe Zone 1 to North America. This bonus is not as generous as the previous one, but it is a still a good value if you have lots of hotel points but few Aeroplan miles.