Air Canada Aeroplan has introduced a brand new option to redeem factors — however just for elite standing members.
Aeroplan members with elite standing can now switch their Aeroplan factors to Marriott Bonvoy at a charge of 1:1. You will need to switch a minimal of 500 factors, and you may 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 possibility 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 it’s possible you’ll or could not need to use this new switch possibility.
Associated: Submit-Miles&Smiles devaluation: Why I’m utilizing Aeroplan for Star Alliance redemptions
Must you switch your Aeroplan factors to Marriott Bonvoy?
Though the switch ratio is 1:1, which means you gained’t lose any factors within the course of, you’ll lose some worth when transferring Aeroplan factors to Marriott. That’s 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.
You can, in idea, get significantly extra worth by conserving these Aeroplan factors in your account and redeeming them for Air Canada and associate flights than by transferring them to Marriott and redeeming them for lodge stays. Since Aeroplan is a member of Star Alliance, there are sometimes nice methods to maximize your factors 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 properly over 60,000 Bonvoy factors, due to Marriott’s dynamic pricing.
Nonetheless, in case you have some Aeroplan factors you don’t plan to make use of within the close to future, otherwise you’re quick just a few factors for a Marriott redemption, it is a good possibility. With program devaluations, do not forget that hoarding your rewards as a long-term funding isn’t a good thought.
Moreover, for Aeroplan members with elite standing who additionally earn Capital One miles, corresponding to with the Capital One Enterprise Rewards Credit score 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 switch associate of American Specific Membership Rewards, Bilt Rewards and Chase Final Rewards.
Associated: You will get 50,000 Aeroplan factors again once you redeem for lodge stays, however is it a very good deal?
Backside line
Whereas transferring your factors from Aeroplan to Marriott Bonvoy is probably not one of the best ways to maximise their worth, there are circumstances the place it may make sense. You possibly can solely reap the benefits of this new possibility in the event you’re an Aeroplan elite member, however your standing may be nearer than you assume. For instance, the Aeroplan® Credit score Card grants you complimentary Aeroplan 25K elite standing for the rest of the calendar 12 months plus the next calendar 12 months.