Aeroplan miles, what will happen?
I have a lot of aeroplan miles. What will happen to them after june 2020?
Mar 13th, 2018 2:35 pm
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Mar 13th, 2018 10:14 pm
Que sera, sera. Nobody really knows. I decided to cash in most of my points for a trip to Europe next month, getting a pretty low value for them. I have switched my loyalty over to an RBC Westjet Mastercard for now, since I do enough North American travel to get full value from Westjet's $99 companion flight and the free checked bag offer. They also have about the best Hawaii flights from Toronto. While Air Canada has most of the international destinations, Westjet has a bunch of 787's on order that are going to enable some pretty interesting long haul routes for them.
Mar 13th, 2018 10:30 pm
Mar 14th, 2018 9:09 am
Mar 14th, 2018 9:16 am
I have used Aeroplan for travel for many years and find them useful for that.
They can be used to purchase many things....why not use them?
Mar 14th, 2018 9:24 am
I'm not telling them OP NOT to use them, subtly telling then to use them up now prior to 2020.Pete_Coach wrote: ↑ They can be used to purchase many things....why not use them?
Mar 14th, 2018 10:04 am
I've never tried redeeming for anything. I got Aeroplan when we were doing a lot of travelling as a family and now that we've stopped doing that, I got sick of keeping track of accounts since they expire after a year without a purchase. How many do you need to get anything? I think I have around 40K, not sure how many the rest of the family have but I know a couple of them have expired.jackrabbit000 wrote: ↑ I agree but why let them expire, why not redeem them for gift cards or something on the Aeroplan website? That’s what I’m doing.
Mar 14th, 2018 11:09 am
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Mar 14th, 2018 11:36 am
Mar 14th, 2018 9:01 pm
Mar 15th, 2018 7:24 am
40K gets you tickets to almost anywhere in Canada.Mars2012 wrote: ↑ I've never tried redeeming for anything. I got Aeroplan when we were doing a lot of travelling as a family and now that we've stopped doing that, I got sick of keeping track of accounts since they expire after a year without a purchase. How many do you need to get anything? I think I have around 40K, not sure how many the rest of the family have but I know a couple of them have expired.
Mar 15th, 2018 7:27 am
Have you looked at their website? there are many thing you can redeem them for. Hotels, car rentals, gift cards, event tickets, prioducts etc. Now, exceptionally worth? That is up to you to decide what it exceptional to you.
Mar 15th, 2018 8:09 am
One of the challenges of valuing points -- and why people consistently *over*value them -- is that limited availability and intransparent choices.houska wrote: ↑
All flight redemptions often involve a lot of playing around with connections and schedules, and waiting and watching. And sometimes phoning in to change a ticket for a better one later on. Bottom line is that Aeroplan is (still) an attractive program for i) truly frequent travelers who fly Air Canada anyway, ii) tinkerers who will enjoy finding specific earning (e.g. credit card bonuses) and redeeming (as above) opportunities. It is a crappy program for diligently "saving" miles from monthly credit card spend and the occasional flight with the idea that you will miraculously be able to take your family of 4 to Orlando for March Break "for free".
- 0.8-1.5c for the "typical" redemption many people try for - a vacation trip to Europe or a Sun destination in Economy.
- 2.5,3,4c+ for intercontinental business class (or even first). However, these tickets are very hard to get unless you have high frequent flyer status and/or are very lucky and/or spend a lot of time unearthing the convoluted option that will work. And the value depends on how much cash you would be willing to pay for the ticket (that's why I don't really accept 10c+ valuations)
- 2c+ for last-minute short-haul tickets in North America, which can be very expensive and where Aeroplan miles can be very good value if you need to fly for personal reasons at short notice
Mar 15th, 2018 8:23 am
I've sorta confirmed my hypothesis.houska wrote: ↑ It's time consuming and difficult to figure out the value when you redeem for merchandise, since often it's actually hard to figure out the precise model of the merchandise being offered (a problem in itself!). But every time I've gone to the effort, it has worked out less than gift cards. My hypothesis is that Aeroplan uses the same valuation as for gift cards, but does a shitty job negotiating on price with the vendor, i.e. it pays close to vendor list price (and then converts to Aeroplan points to sell to you) while the vendor sells for less (in $) through other channels like Amazon, etc.