Air Canada Aeroplan has introduced a brand new solution to redeem factors â 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 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 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 chances are you’ll or might not need to use this new switch possibility.
Associated: Put up-Miles&Smiles devaluation: Why I am 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 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 principle, get significantly extra worth by protecting these Aeroplan factors in your account and redeeming them for Air Canada and accomplice 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 factors by reserving transatlantic business-class flights to Europe for as little as 60,000 Aeroplan factors. An evening at some Marriott properties, alternatively, can value properly over 60,000 Bonvoy factors, due to Marriott’s dynamic pricing.
Nevertheless, you probably have some Aeroplan factors you do not plan to make use of within the close to future, otherwise you’re quick just a few factors for a Marriott redemption, this can be a good possibility. 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, comparable to with the Capital One Enterprise Rewards Credit score Card, you may switch your Capital One miles to Aeroplan after which switch your factors to Marriott.
Marriott is already a direct switch accomplice of American Specific Membership Rewards, Bilt Rewards and Chase Final Rewards.
Associated: You will get 50,000 Aeroplan factors again whenever you redeem for resort stays, however is it an excellent deal?
Backside line
Whereas transferring your factors from Aeroplan to Marriott Bonvoy will not be one of the best ways to maximise their worth, there are instances the place it may make sense. You may solely make the most of this new possibility 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 score Card grants you complimentary Aeroplan 25K elite standing for the rest of the calendar 12 months plus the next calendar 12 months.