Wednesday, November 26, 2014

Earn up to $200 Statement Credit when you apply for an Amex AeroplanPlus Card and book an Air Canada Flight

American Express and Air Canada have teamed up for a new sign up offer for the AeroplanPlus Platinum and AeroplanPlus Gold Cards. The offers are for 30,000 Bonus Aeroplan Miles and a $200 statement credit if you book an Air Canada flight within 12 months of approval for the Platinum Card or 20,000 Bonus Miles and $100 Statement credit for the Gold version. Essentially with these offers the bonus miles have been lowered to account for the statement credit. The best offer right now for the Platinum Card is the refer a friend bonus is 41,000 Aeroplan Miles or the standard public offer of 40,000 miles. While the Gold Card is 26,000 miles for the refer a friend offer or 25,000 for the standard public offer.

So the dilemma is which offer is better for you? Do you give up up to 11,000 miles for the $200 statement credit or up to 6,000 miles for the $100 credit on the Gold Card? If you value Aeroplan Miles at 1 cent a piece then the statement credits are a better deal but for many people Aeroplan Miles are worth more than that especially if redeeming for business class tickets so the miles would be worth more. If you value them at 2 cents a piece, the miles are definitely the better way to go.

If you are only looking the Gold version another option is the American Express Gold Rewards Card as it offer 25,000 Membership Rewards Points (equals 25,000 Aeroplan Miles) and is first year free.

For more details on the Air Canada statement credit offer see here.

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