A few times per year Aeroplan offers a bonus when you convert hotel points into miles (most recently they offered this in March, and prior to that, last November). Well, Aeroplan has just announced their latest bonus for converting hotel points into Aeroplan miles, though unfortunately it comes with one major restriction that makes this promotion almost worthless.
Through this promotion you can earn a 30% bonus if you convert hotel points into Aeroplan miles between July 23 and August 20, 2018. This bonus applies as long as you convert enough points to earn at least 5,000 Aeroplan miles.
Points transfers from the following hotel partners are eligible:
Registration is not required for this promotion, and the bonus miles should post 4-6 weeks after the end date of the promotion (though in practice they may post sooner).
Transfers from other partners, including Marriott Rewards, Starwood Preferred Guest, Amex Membership Rewards, don’t qualify for this promotion.
Unfortunately that gets at what makes this promotion almost worthless. Aeroplan has been offering this promotion for years, and the only real circumstance under which it made sense was if you were converting Starpoints into Aeroplan miles. They’d convert 1:1, and you’d get a 5,000 point bonus for every 20,000 points transferred. When you add in a transfer bonus, you’d be earning more than 1.5 Aeroplan miles per dollar spent.
Marriott Rewards and Starwood Preferred Guest have been removed as partners for the purposes of this promotion, which makes it virtually useless. That’s because the nine hotel partners they do have aren’t ones where you get a good deal by converting points into airline miles. I hope they haven’t permanently been removed as partners for the purposes of this promotion (though I fear they have), or else they might as well stop having this promotion.
This used to be a solid promotion that was worth considering for the purposes of international premium cabin awards. However, with both Marriott Rewards and Starwood Preferred Guest being removed from the promotion, there simply aren’t any circumstances where taking advantage of this promotion is a good deal anymore.
Maybe there are some niche situations where someone really needs Aeroplan miles and has an excess of points in a hotel program, but even so, this is a lousy promotion.
Anyone see any circumstances under which it makes sense to take advantage of this promotion?