Originally Posted by
nabeelj
I'm guessing you already know this, but they would give you a transfer ratio per the exchange rate, so you would be getting approx. CAD 0.02 value per Amex Canada MR, not USD 0.02.
I'm actually considering transferring the other way, later this year. I may transfer my 200K Amex USA MR balance to ~270K Amex Canada MR and transfer to Aeroplan.
I have heard about this before. I suppose now isn't a good time to make a transfer to the US due to the crappy exchange rate. With the abundance of relatively cheap business class fares to Asia I'd just rather redeem MR by buying cash fares at 2cpm - which then earn RDM and EQMs for status - rather than redeeming thru Aeroplan or even AS/AA. Aeroplan is also a fuel surcharge landmine I'd rather not wade thru if I didn't have to!