I know but I dont have the Aeroplan card because I dont like their initial sign up bonus in the form of 50K certs. They have since then changed it to the more conventional points - but since there is no immediately need to use Aeroplan / have enough UR/MR to transfer if needed, plus there are better Chase cards such as Ink Unlimited, to get at the time, I chose to pass the Aeroplan card offer.

The math would work like that 1.2 x 1.1 = 1.32, IF the 10% is based on the final amount then it would be slightly better than 30%. Or simply a 1.2 + 1.1 = 1.3, exactly 30%.

It also probably means you need to own Aeroplan card at the time you transfer, and at 50K per transfer.

I have an orphan 110K in my Aeroplan account, the result of Xed 2020 redemption. Aeroplan was very proactively to extend all accounts expiration dates twice during the Pandemic period. I did a Chase/Aeroplan survey last May so my account is good till Dec this year. I will just transfer enough to be enough to book 2 one-way Transatlantic awards for the time being,

Aeroplan is probably the only program I do not mind to make a speculative transfer currently, fwiw.