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  • New Aeroplan 80% Bonus, An Update On The Aeroplan Pay With Points Promotion and Get Up To $500 Off Your Rent!

New Aeroplan 80% Bonus, An Update On The Aeroplan Pay With Points Promotion and Get Up To $500 Off Your Rent!

In This Issue: 

💳 Aeroplan's 80% Bonus Buy & Gift Points

👀 An Update: Aeroplan's Pay With Points Pilot Promotion

💲 Chexy 1 Year Mystery Bonus of Up To $500

🗺️ Chexy Deals: Fly to New York, Paris, Lisbon and more in Business Class

Aeroplan's Buy & Gift Points Feature: 80% Bonus

Aeroplan has introduced a new sale until April 5, 2024, at 11:59 pm, where you can get a bonus of up to 80% when buying Aeroplan points.

Purchase Aeroplan Points with an 80% Bonus

Yes, you’ll get an 80% bonus when buying a minimum of 15,000 Aeroplan points but before going ahead with this, it's important to understand the value of buying points.  

Buying points with this promotion will essentially cost you about 1.94 cents per point, and while this particular offer is great, it isn’t as generous as some of the deals we saw previously in 2023.

However, there are situations where it could offer excellent value 🤔.

Things To Note

Before buying points, it's important to consider the following things:

  1. Redemption availability: Award availability is always changing which could affect your plans if you plan to buy and the flight redemption changes ✈️.

  1. Refunds: When booking flights with points, remember that if the airline changes your flight for any reason, any refunds will be issued in points! This can lead to a loss in value as you would have to find another flight redemption in points 📈.

  1. SMQs and SQDs: Purchasing and using points with this bonus does NOT move you closer to any Status Qualifying Miles (SQMs) or Status Qualifying Dollar (SQDs) 🪽.

The Limitations

You have the option to purchase a maximum of 1,000,000 points annually, and you can additionally gift up to 500,000 points per year to others.

It's worth mentioning that while there are no current restrictions on purchasing points with a bonus, there have been significantly more attractive points-buying offers in the past. If you're not in a hurry, it may be best to wait for a more enticing offer later in the year 📅.

When Should I Buy Points?

Buying Aeroplan points with a bonus is about making the most of that bonus so that you can board those lucrative redemption deals! So, when exactly does it make sense to buy points? Here’s when you should buy points:

  1. Long-distance journeys: If you’re planning to travel to Europe or another far-off land, getting an 80% bonus is pretty useful when buying points as it will make the trip more affordable and easier on your points balance!

  1. Fly in Business Class: Who doesn’t love extra leg room and a superior flying experience? With an 80% bonus, you can easily upgrade to business class or find a great redemption deal so that you can fly in style 💺!

Best Way to Buy Points

If you want to consider buying points, consider buying them through a US credit card to avoid the GST/HST that will inevitably be added to your purchase. To learn how you can apply for a US credit card, click here.

Final Thoughts

Buying Aeroplan points during this sale might seem like a splurge, but thinking about how you'll use them and being smart about your credit card choice can help you make the most of this deal.

Update: Aeroplan's Pay With Points Pilot Promotion

As mentioned in last week's newsletter, Aeroplan launched its Pay with Points Pilot promotion, which allows certain TD Aeroplan co-branded credit cardholders to redeem Aeroplan points for dining, drugstore, grocery and entertainment purchases!

As a recap, the promotion runs until August 15, 2024, and here’s how you can be a part of it:

  1. Simply register your eligible TD Aeroplan co-branded credit card on the promotion's website.

  2. Select your preferred categories.

  3. You’ll receive a notification when you make a purchase in your preferred categories.

  4. Confirm to redeem your points. You’ll receive a credit on your next credit card statement equal to the cost of the purchase. 

What’s The Value?

We decided to put this promotion to the test ourselves by making a purchase at Voilà.

After spending $136.62, we got a notification saying we could use 13,600 of our Aeroplan points to cover the cost. 

This means this point redemption allows you to redeem your points for 1 cent per point 🤑.

Concluding Thoughts

It's worth noting that we typically suggest redeeming Aeroplan points for at least 2.1 cents' value, often achieved through direct flight redemptions with Air Canada. However, if you don't have any upcoming travel plans, and considering this promotion offers a straight cash redemption at a higher value than typical gift card redemptions, it might not be the worst deal. However, if you have some extra points lying around and want to make use of this promo, this may be the deal for you!

Sign Up Mystery Bonus of Up To $500: Chexy 1st Anniversary

This month marks the one-year anniversary of Chexy and to mark this milestone, we have a special activation gift that can help you reduce your rent!

We've deposited a mystery cashback bonus of up to $500 into your account! 👀

Here's how to view your mystery Rent Cashback:

  1. Activate your account here.

  2. Visit the Amenities tab to view your mystery Rent Cashback.

  3. And, click "Redeem" to apply your Rent Cashback as a credit towards your next rent payment with us.

That’s not all! Share the joy of Chexy with your friends and family, and they'll be eligible to receive a mystery sign-up bonus too! This offer is available from now until April 15, 2024.

So, what are you waiting for? Activate your account today and discover what exciting rewards await you. 

Plus, if you apply for one of the best Chexy-recommended credit cards here, you’ll also get your first month of Chexy fees waived! Let's celebrate Chexy's one-year anniversary together! 🎈

Check out these awesome deals you definitely don't want to miss if you're thinking about traveling in the next few months!

Aeroplan:

  1. Toronto (YYZ)  ➡️ Paris (CDG)

    • Cost: 28,900 (Business Class)

    • Dates: April 6th, 7th, 8th, 9th - 14th, 15th, 16th, 17th  2024

    • Book: Here

  1. Toronto (YYZ)  ➡️ Barcelona (BCN) - Business Class

    • Cost: 58,700 (Business Class)

    • Dates: April 11th - April 14th, 2024

    • Book: Here

  2. Montreal (YUL) ➡️ New York (JFK)

    • Cost: 5,600 (Economy Class)

    • Dates: April 15th, 16th, 17th - 18th, 19th, 20th 2024

    • Book: Here

  1. Toronto (YYZ)  ➡️ Lisbon (LIS) - Business Class

    • Cost: 58,300 (Business Class)

    • Dates: July 15th 2024

    • Book: Here

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