The bonus doesn't need to post by May 31. From the terms and conditions...

As long as you acquire the card before May 31, the bonus can post later. It sounds like any miles earned by the June statement will count. The may have designed it that way on purpose, to encourage people to sign up for a new card now.

Does the YQ waiver also apply to additional tickets that you book from the same account?

I dont think it specfies this, but any ideas if a welcome bonus could be counted later even if it is subject to a minimum spend? For example, $3000 spend in the first 3 months.

I would think it still qualifies. If the terms, such as the Amex Aeroplan Platinum card, say you have 3 months to spend $3,000 to receive the "Welcome Bonus", then I think that meets the criteria. I'd be a bit more concerned with something like the TD Infinite Privilege which says you get a Welcome Bonus of 25,000 upon first use, and then "Additional Bonus" miles of 5,000 in each of the subsequent months where you spend $1,000. Because only the 25,000 was termed "Welcome Bonus", the additional bonuses may not qualify. But, they certainly didn't spell out those details. But I think you're on pretty solid wording on the initial bonus, even if it takes a few months to earn it. Maybe that delay is one of the reasons that Aeroplan/AC is waiting until the end of August to post all of these Altitude bonuses?

I can see how it can be read that way, but historically "earning" a mile means it being credited to the account. It's clear that if your CC bonus credits before May 31, it will count, but it's not clear that you have "earned" the bonus during the Offer Period if it posts on, say, June 12th.

The June statement thing is to account for the fact that miles earned in May may not post until the June statement. For instance, if your statement date is the 20th, your purchases from May 20-31 will be on your June statement.
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The YQ waiver applies to all tickets booked from the account in question, regardless of who is flying.

If it credits in May, no problem. If it credits in June, debatable, per my comments above. If it credits in July or later, seems clear it doesn't count.

If I transfer 50000 Amex points that only equates to the Aeroplan Prestige 25K? I have United silver already. At the same time, I have 450,000 Bonvoy points, will that increase the benefit at all?

Every decent travel hacker or churner will now have P25K

Similar question -- if starting from no status, then 50K AMEX points bumps to Prestige 25K, then every additional 250K points bumps up one more level? i.e. 300K = E35, 550K = E50, etc?

No

For sure! Add me to that list. I was expecting a MR:AP 1:1.2 type bonus but this will do. I didn't realize the YQ waiver until someone posted it here. Yay!

So:
2 MLL passes
2 free bags
no YQ in NA for AP rewards.

Sign me up!

Most decent travel hackers or churners will get very little value out of P25K.

P25K comes with YQ waiver, on AC metal flights, within Canada and the US - not a big benefit for most of those types. Baggage fee waiver... for people who probably pride themselves on (almost) never checking bags? *S status, lounge passes, 20 eUps that are very hard to use, etc. These are not the things that are typically valued by the people you're talking about. To the extent they value airline status, most of these people probably already have A3/TK*G, or UA*S through Bonvoy, or something like that.

I was thinking about getting a Capital One card, getting the signup bonus (50k), and transferring all the points, but I'm not convinced I can do that by end of May...

But now these people can take part in EYW!!!!



I ended up writing a huge post about my opportunity cost weighing this promotion as someone who's held AP status (Black/Diamond) for a while but never had Altitude status, but I think I have an edge case tbh. I'll shorten it up below.

With my average yearly travel habits on AC metal (7x domestic/transborder for 2020 on Aeroplan market fares), switching to Aeroplan fixed fares would only save me $400-600ish in fees, which isn't worth the 50k AMEX MR transfer.
I'd rather put that 50k toward this Avios redemption I've been planning for a while.

I was half-joking about EYW eligibility above as a P25K benefit, though the opportunity to participate in EYW would be super tempting...though I'm willing to spend money during the competition, I just can't see myself parting with my points (and maybe other cash) right now in Spring 2020.

If there was a viable pathway to E35K, I'd definitely consider it. Hell, I'm thinking of qualifying for it legit once I finish my degree. My mom often goes to her old village in Vietnam full of Canadian goods (candies, medicine, toys), and though she only flies enough for P25K, every trip her third bag ends up costing her hundreds. If I could gift her E35K so she could save a substantial amount next year, I'd do it in a heartbeat. I'll keep my eyes peeled for the next AC + AP promo.

Cool. My wife had 80k Amex points so we transferred them over, she should be E25 now if I understand things correctly.

You probably should have just done 50k, but yes, she'll be granted P25K status through Feb 2022.

I've now been approved for two credit cards. Trying to decide if I want to do the 5000 mile CIBIC one or either TD card (both of which I already have).