Air Canada Aeroplan has introduced a brand new option to redeem factors — however just for elite status members.
Aeroplan members with elite standing can now switch their Aeroplan factors to Marriott Bonvoy at a charge of 1:1. You need to switch a minimal of 500 factors, and you’ll switch as much as 100,000 factors per day or 250,000 factors per week.
Aeroplan members have the power to earn as much as 2 Aeroplan factors per greenback on choose Marriott stays; they will additionally switch Marriott factors to their Aeroplan account at a 3:1 ratio, with the power to earn an additional 5,000 Aeroplan factors for each 60,000 Bonvoy factors transferred. This new Aeroplan-to-Marriott switch choice offers Aeroplan elite members extra flexibility.
However simply since you can switch your factors, does that imply you ought to? Let’s check out why you could or might not need to use this new switch choice.
Associated: Post-Miles&Smiles devaluation: Why I’m using Aeroplan for Star Alliance redemptions
Do you have to switch your Aeroplan factors to Marriott Bonvoy?
Though the switch ratio is 1:1, which means you will not lose any factors within the course of, you’ll lose some worth when transferring Aeroplan factors to Marriott. That is as a result of, as of September 2024, TPG values Aeroplan factors at 1.5 cents every and Marriott Bonvoy factors at solely 0.85 cents every.
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You possibly can, in idea, get significantly extra worth by protecting these Aeroplan factors in your account and redeeming them for Air Canada and partner flights than by transferring them to Marriott and redeeming them for resort stays. Since Aeroplan is a member of Star Alliance, there are sometimes nice methods to maximize your points by reserving transatlantic business-class flights to Europe for as little as 60,000 Aeroplan factors. An evening at some Marriott properties, however, can price effectively over 60,000 Bonvoy factors, due to Marriott’s dynamic pricing.
Nevertheless, if in case you have some Aeroplan factors you do not plan to make use of within the close to future, otherwise you’re quick a couple of factors for a Marriott redemption, this can be a good choice. With program devaluations, do not forget that hoarding your rewards as a long-term funding is rarely a good suggestion.
Moreover, for Aeroplan members with elite standing who additionally earn Capital One miles, corresponding to with the Capital One Venture Rewards Credit Card, you’ll be able to switch your Capital One miles to Aeroplan after which switch your factors to Marriott.
Marriott is already a direct transfer partner of American Express Membership Rewards, Bilt Rewards and Chase Ultimate Rewards.
Associated: You can get 50,000 Aeroplan points back when you redeem for hotel stays, but is it a good deal?
Backside line
Whereas transferring your factors from Aeroplan to Marriott Bonvoy is probably not one of the simplest ways to maximise their worth, there are circumstances the place it may make sense. You may solely reap the benefits of this new choice in the event you’re an Aeroplan elite member, however your standing is likely to be nearer than you assume. For instance, the Aeroplan® Credit Card grants you complimentary Aeroplan 25K elite standing for the rest of the calendar yr plus the next calendar yr.
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