But there's also a big difference between forcing an account for a cash flight vs a points flight (which they obviously do).

The real question is if there'd be a benefit (to them) of forcing login to search for redemptions.

Interesting, so I was actually going to apply for an AMEX Premium as it has a better AC multiplier, and the CIBC Visa stops giving bonuses after 100k. Also I'd get 2 companion passes after 25k spend on each. I'm assuming this is no longer allowed per the above?

I know some people that have the AMEX Reserve, and then keep an Aeroplan Visa Infinite as a backup since AMEX isn't accepted everywhere. Looks like that's also not allowed.

And what about if you're switching between banks? If you have > 1 card for a short period while you transition do you run afoul of the rules?

If you're spending enough on the cards to get the companion pass every year, then I don't think you're the kind of person they're trying to stop.

This is the complete T&C for this clause (bolding mine). Looks like it's mostly around preventing card churn

If you want to make sure you are not targeted for a random crackdown, you could apply for Amex Business Reserve.

But would it not be the financial institution that is losing, rather than Aeroplan? The 80k (or whatever # of) points are purchased by the credit card issuing FI for a fixed amount, so Air Canada nets the same anyway irrespective of whether those 80k points are awarded on a sign-up or regular spend.

Given the revenue split from credit cards, I would be shocked if the bonus did not have part of its cost paid by Aeroplan.

In fact, I remember one of the execs talking about why the Chase card had FRCs originally instead of points, and it definitely sounded like they were funding at least part of it.

Figure with the recent terms, this question might be better in this forum than the Chase (or AMEX) Aeroplan threads...

I'm eligible for US credit cards only, and have never picked up an Aeroplan credit card. I'm at 3-of-24 with Chase currently. Granted I didn't read the terms that carefully yet, but should I make sure to pick up the cards (and if so, in a certain order) before February?

I'm planning to pick up the Chase Aeroplan card at the crack of 2024 to "renew" 25k status and get next year's eUpgrades! But was wondering if I should go for more...

(FWIW I've never "abused" the Aeroplan program or T&Cs in the way that the revamp is clamping down on, or in any other way that I'm currently knowledgeable about, if that matters!)

So I do my personal banking at CIBC and my Business banking at TD...do the new T's&C's suggest that since I hold an Aeroplan Infinite Privilege with CIBC I can't get another Aeroplan associated card from TD, and if I do they can cancel my account?

I appreciate what Aeroplan is trying to do with the terms and conditions for welcome bonuses, but I wish they'd just define a simple, clear cut rule and be done with it.

Eg "You can earn one welcome bonus per 24 months, regardless of card type or issuer" or "You can earn one welcome bonus per card type, per lifetime" or something like that. Just cut the vagueness and the arbitrary application of rules and make everyone's expectations clear and predictable.

I don't have any specifics of AC's deals with its issuers, but I can guarantee that, whatever the mechanic, AC is bearing a portion of the cost of sign-up bonuses. Both AC and the card issuers are incentivized to limit churning. A difference between AC and most airlines is that while most airlines have only one co-brand issuer in a given market, AC is partnered with several financial institutions. Even those who aren't churners could benefit by periodically hopping from one issuer to another, e.g. switching back and forth between TD VIP and CIBC VIP every 12 months or whatever. That's not quite churning, but it's still not good for the issuers, and it's particularly bad for AC, which will eat a chunk of they sign-up bonus.

They're poorly written, so yes, 11(v)(i) could be read that way. I highly doubt they intend to target people like you though, since what they likely want to do is cut down on the cost of churning.

Does this mean if you use any service including Expert Flyer, Seats.Aero, or Point.Me that you are breaking AC's terms?

What about people who already have more than one for the same type) ex: 2 core cards?

I think the move will be very detrimental to AMEX. It's not accepted in some places still. Previously, it was easier to have a second card to use in these situations. But now would I get an AMEX that is only accepted at 90% of retailers if I can't also have a back up for the remaining 10%? Of course not, I'd just go with a VISA ...

"Every" one of my companion passes earned are lost as I purchase Latitude flight passes and or J passes now.
Companion Benefit is of zero benefit to me.

ExpertFlyer already withdrew its reward flight search for all the Star Alliance carriers back in October.