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Question: Air Canada $1k gift card for 85,000 aeroplan miles - worth it?

Question: Air Canada $1k gift card for 85,000 aeroplan miles - worth it?

Old Sep 21, 19, 3:58 am
  #1  
ecc
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Air Canada $1k gift card for 85,000 aeroplan miles - worth it?

Hi all,
I saw there's a promotion till the 25th offering the $1k AC gift vard via aeroplan for 85k points.
Now I know normally the ROI on gift cards is garbage (and 8.5 cpm is a bit ouch) but is it worth it?
It's pretty much like cash money in that I don't need to hunt for I class availability, and can book in any class I want, and get milage on those flights.
With the upcoming uncertainty re AC buying aeroplan, seriously debating it.
OTOH round trip to say, HND, in J(I) from YFC is 150 in fixed miles rewards, and 2* gift card is about half that value of one way in J.

Thoughts?

Edit: messed up a decimal point, oops. 85k miles/1k gift card

Last edited by ecc; Sep 21, 19 at 6:08 am
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Old Sep 21, 19, 5:11 am
  #2  
 
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If it really was 8.5K miles for $1000 it would be one hell of a deal, 85K on the other hand is not great. If you need the AQM/AQD for status or can't find availability then it might make sense for you.
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Old Sep 21, 19, 6:07 am
  #3  
ecc
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Sorry, my bad, 85k like in the thread title, not 8.5k like in the post. Have not had coffee yet will edit post accordingly.
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Old Sep 21, 19, 8:48 am
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I mean itís a good deal vs $50 for I believe 6750... But I can think of much better uses for 85k miles worth far more than $1k even with scam fees.

Assuming has the time, money and ability etc to travel...
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Old Sep 21, 19, 9:46 am
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OP, this actually works out to a bit under 1.2 cpm ($1,000 / 85,000 miles = ~1.176 cpm).

If the post above is correct about the usual price for a gift card being $50 for 6,750 miles, that's about 0.7 cpm and this is therefore a great deal in relative terms.

But it really depends on how you usually use the miles. Relative to many flight rewards, especially those in business class, 1.2 cpm is a poor return. But if you struggle to use your points for flights and end up burning them on things like toasters or gift cards (or, God forbid, burn 60K + hundreds of dollars of YQ for Y tickets to Europe that you could have had for $700), this is actually a pretty good deal.
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Old Sep 21, 19, 9:49 am
  #6  
 
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My thoughts:

Good deal if you are an infrequent flyer who does not know how to search for "good" awards and utilize FT

Bad deal if you are a FT regular.
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Old Sep 21, 19, 9:56 am
  #7  
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People for whom it might make sense are those who want to use miles for an award ticket but also need to earn status miles from the trip for elite qualification.

Otherwise, most people should be able to redeem at better than 1.2 cents per mile (which seems to implicitly include redeemable miles earned on tickets purchased using gift cards).
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Old Sep 21, 19, 10:11 am
  #8  
ecc
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Originally Posted by Adam Smith View Post
OP, this actually works out to a bit under 1.2 cpm ($1,000 / 85,000 miles = ~1.176 cpm).
Yup. Sorry, was half asleep when posted.
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Old Sep 21, 19, 11:36 am
  #9  
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It costs C$0.03 to buy an AE mile so 85K would cost C$2,550. 85K AE miles can get a one-way business class ticket to Asia, Australia, Africa Europe or South America (most with AEs left over) that would cost at least C$1,500, more likely twice that (and on most airlines without the horrendous surcharges found on AC or LH flights). Or at least three one-way North American business flights (with 10K left over) that go for at least C$1,500 each. So you figure out how bad a value that C$1,000 gift card really is. (The same poor value can be found in most non-flight redemptions.)
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Old Sep 22, 19, 1:17 am
  #10  
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According to other threads Air Canada gift cards are ALWAYS a bad idea regardless of what you pay for them.
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Old Sep 25, 19, 9:31 pm
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You could get to Africa in business class for 75,000 miles; arguably that's worth much more than $1,000.
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Old Sep 26, 19, 6:04 am
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Originally Posted by worldtraveller73 View Post
You could get to Africa in business class for 75,000 miles; arguably that's worth much more than $1,000.
Only if you want/need to go to Africa.
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