Aeroplan Miles Sales - May 7-15th 2020
May 5, 2020, 8:02 am
#1
Suspended
Original Poster
Join Date: Sep 2014
Programs: AC SE100K-1MM, NH, DL, AA, BA, Global Entry/Nexus, APEC..
Posts: 18,877
Aeroplan Miles Sales - May 7-15th 2020
Details, T&C etc, here:
https://viewfromthewing.com/crazy-be...ting-thursday/
Aeroplan page:
https://www.aeroplan.com/buy-gift-miles.do#/
.
May 5, 2020, 8:04 am
#2
Join Date: Aug 2014
Location: YQB
Programs: AC SE
Posts: 2,139
Aeroplan Miles Sales - May 7-13th 2020
Some of us have discussed that an eventual miles sales might make sense for Aeroplan. It looks like it's coming later this week: https://www.aeroplan.com/language.do?lang=E#/
From VFTW: https://viewfromthewing.com/crazy-be...m=BoardingArea
From VFTW: https://viewfromthewing.com/crazy-be...m=BoardingArea
- 1 cent tranche: The first 10 million miles sold receive a 115% bonus ($0.014 CAD/mile + sales tax or $0.01 USD/mile without tax)
- 1.1 cent tranche: The next 100 million miles sold receive a 90% bonus ($0.016 CAD/mile + sales tax or $0.011 USD/mile without tax)
- 1.3 cent tranche: After the first 110 million miles sold they’ll offer a 65% bonus ($0.018 CAD/mile + sales tax or $0.013 USD/mile without tax)
May 5, 2020, 8:14 am
#5
Join Date: Aug 2014
Location: YQB
Programs: AC SE
Posts: 2,139
Thanks 24left
Is there a limit to how many miles one can purchase?
50% of miles purchased (including any bonus miles earned) will count towards AQM? Will these 50% of miles also count towards MM status?
Is there a limit to how many miles one can purchase?
50% of miles purchased (including any bonus miles earned) will count towards AQM? Will these 50% of miles also count towards MM status?
They allow you to buy 250,000 miles per transaction and 500,000 miles per year – but that limit is on the base purchase, excluding the bonus. If you were able to make two transactions in the first tranche you could buy up to 1,075,000 miles at 1 cent each.
May 5, 2020, 8:32 am
#6
Join Date: Aug 2013
Location: YVR - MILLS Waypoint (It's the third house on the left)
Programs: AC*SE100K, wood level status in various other programs
Posts: 6,232
Thanks 24left
Is there a limit to how many miles one can purchase?
50% of miles purchased (including any bonus miles earned) will count towards AQM? Will these 50% of miles also count towards MM status?
Is there a limit to how many miles one can purchase?
50% of miles purchased (including any bonus miles earned) will count towards AQM? Will these 50% of miles also count towards MM status?
50% of the Aeroplan Miles you purchase (including any bonus miles earned) will count towards helping you get to the next Air Canada Altitude status or reach Altitude Prestige 25K.
May 5, 2020, 8:58 am
#7
Join Date: May 2017
Location: YEG, SFO, VCA, JR JY-13
Programs: hahaha
Posts: 923
So I went through Aeroplan's pre-sale points.com portal to see what today's rates were. It's around 3 cents per point which is ridiculously expensive. If you qualify for the first tranche where your purchase will be down to 1.4 cents per point, you'll make a hell of a deal.
[J] Asia 2 (155000/2.15)*0.014 = ~$1k, kind of makes up for not being able to jump on the Bali deal last week
[Y] Market Fare Transborder (Aeroplan Diamond + NA YQ waiver), (18000 to 30000 points, divide by 2.15 bonus factor * $0.014) = $100-$200 plus maybe $30 in taxes
My calculations were off, see post #1774 for better calcs
[Y] Market Fare Transborder (Aeroplan Diamond + NA YQ waiver), (18000 to 30000 points, divide by 2.15 bonus factor * $0.014) = $100-$200 plus maybe $30 in taxes
My calculations were off, see post #1774 for better calcs
Last edited by asovse1; May 5, 2020 at 9:45 am Reason: I suck at math and reading
May 5, 2020, 9:16 am
#9
Join Date: Aug 2013
Location: YVR - MILLS Waypoint (It's the third house on the left)
Programs: AC*SE100K, wood level status in various other programs
Posts: 6,232
May 5, 2020, 9:25 am
#11
Join Date: Aug 2002
Location: Canada
Programs: AC Elite
Posts: 2,166
Extended status from buying miles
Given 50% of the purchase appears to go towards your status, I would be inclined to buy enough miles to maintain E50 if it would then allow me to then gift status with someone.
Share Altitude status with friends and family
Since Altitude status is secure through 2021, if a member has already achieved status for next year, or does so by the end of 2020, they can gift it to a friend or family member.
Share Altitude status with friends and family
Since Altitude status is secure through 2021, if a member has already achieved status for next year, or does so by the end of 2020, they can gift it to a friend or family member.
May 5, 2020, 9:29 am
#12
Join Date: Aug 2014
Location: YQB
Programs: AC SE
Posts: 2,139
So I went through Aeroplan's pre-sale points.com portal to see what today's rates were. It's around 3 cents per point which is ridiculously expensive. If you qualify for the first tranche where your purchase will be down to 1.4 cents per point, you'll make a hell of a deal.
[J] Asia 2 (155000/2.15)*0.014 = ~$1k, kind of makes up for not being able to jump on the Bali deal last week
[Y] Market Fare Transborder (Aeroplan Diamond + NA YQ waiver), (18000 to 30000 points, divide by 2.15 bonus factor * $0.014) = $100-$200 plus maybe $30 in taxes
[J] Asia 2 (155000/2.15)*0.014 = ~$1k, kind of makes up for not being able to jump on the Bali deal last week
[Y] Market Fare Transborder (Aeroplan Diamond + NA YQ waiver), (18000 to 30000 points, divide by 2.15 bonus factor * $0.014) = $100-$200 plus maybe $30 in taxes
They are getting the $0.014 CAD number by diving the normal price of a mile ($0.03 CAD) by the bonus. 0.03 CAD/2.15 = 0.014 CAD per mile.
And then you need to tag on YQ, taxes, etc, to determine the net cost of your award redemption, of course.
May 5, 2020, 9:29 am
#13
Suspended
Join Date: Jan 2011
Location: YYJ
Posts: 2,230
So I went through Aeroplan's pre-sale points.com portal to see what today's rates were. It's around 3 cents per point which is ridiculously expensive. If you qualify for the first tranche where your purchase will be down to 1.4 cents per point, you'll make a hell of a deal.
[J] Asia 2 (155000/2.15)*0.014 = ~$1k, kind of makes up for not being able to jump on the Bali deal last week
[Y] Market Fare Transborder (Aeroplan Diamond + NA YQ waiver), (18000 to 30000 points, divide by 2.15 bonus factor * $0.014) = $100-$200 plus maybe $30 in taxes
[J] Asia 2 (155000/2.15)*0.014 = ~$1k, kind of makes up for not being able to jump on the Bali deal last week
[Y] Market Fare Transborder (Aeroplan Diamond + NA YQ waiver), (18000 to 30000 points, divide by 2.15 bonus factor * $0.014) = $100-$200 plus maybe $30 in taxes
[edit to add:] i see jasdou posted the same thing at the same time.
i wondering:
- how quickly those first 10 million will sell out
- why we have to pay sales tax and then pay tax again when we redeem. maybe i need to move to the US for a while.
- how safe the value of these points will be given the impending changes
- how difficult it will be to redeem given our current situation
Last edited by BenSenise; May 5, 2020 at 9:35 am
May 5, 2020, 9:44 am
#15
Join Date: May 2017
Location: YEG, SFO, VCA, JR JY-13
Programs: hahaha
Posts: 923
@jasdou @BenSenise
Thanks for checking, I had a hunch my calcs were off. editing the OP now.
I re-ran my calculations by using the current price and adding the bonus after. I agree with @BenSenise calculations but not sure why @jasdou multiplied by 1.15 at the end
Sample calc: Say we want Asia 2. All we need is to buy 72k miles at the current 3cpp rate, then the bonus should cover 155k-ish
72k miles @ $0.03 = $2160
72k miles at a 115% bonus = 72k + 72k + 15% of 72k = 154800 miles
$2160/154800 = 1.4 cpp approx. excl. sales tax
Thanks for checking, I had a hunch my calcs were off. editing the OP now.
I re-ran my calculations by using the current price and adding the bonus after. I agree with @BenSenise calculations but not sure why @jasdou multiplied by 1.15 at the end
Sample calc: Say we want Asia 2. All we need is to buy 72k miles at the current 3cpp rate, then the bonus should cover 155k-ish
72k miles @ $0.03 = $2160
72k miles at a 115% bonus = 72k + 72k + 15% of 72k = 154800 miles
$2160/154800 = 1.4 cpp approx. excl. sales tax