arrow10 Comments
  1. Cal
    May 03 - 8:59 am

    Unless you are a frequent flyer, or use the aeroplan with business expenses…alot of these plans (airmiles too) aren’t the greatest benefit for the average joe…..just my 2c worth.

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  3. Rob
    May 03 - 10:48 am

    doesn’t matter how many they charge – there aren’t any seats available at those levels anyway – Aeroplan is a waste of time

  4. Phil S
    May 03 - 11:54 am

    Esso issues Aeroplan points. Not very much per fill, of course, but I’m assuming that the points help keep your account alive, unless Aeroplan changes those rules.

  5. gene
    May 03 - 12:31 pm

    I was recently reading posts on facebook about the Capital One Aspire credit card. Does anyone reading this blog have experience with it and recommend it?

    I agree that Aeroplan has too many restrictions and it’s hard for me personally to accumulate points. I prefer simple cash back with my MBNA Smart Cash Platinum Plus card. By the way, if anyone wants the MBNA card, you can get a $60 sign up bonus by visiting Great Canadian Rebates (I am not affiliated with them at all, and didn’t know about this bonus when I signed up for my card).

  6. Canadian Capitalist
    May 03 - 1:57 pm

    @Cal: I agree. I don’t actively collect rewards points either. For one thing, I hate carrying around all these cards just to get a few pennies here and there. I much prefer to carry one cash back card and try to put as much as I can on it.

    @Rob: I’m don’t collect Aeroplan miles either. It is far simpler for me to keep a cash back card.

    @Phil S: You can still keep your Aeroplan account alive by filling up at Esso. I just did the other day to keep a few thousand miles active.

    @gene: The rewards on the MBNA Smart Cash card look pretty good especially since it is no fee. I don’t know about the Capital One Aspire card.

  7. Marie
    May 03 - 4:52 pm

    After reading a really great Canadian article on travel rewards cards (sorry can’t recall where online) with the both upshots and pitfalls, AND being notified about Aeroplans change it solidified our choice to get out of the travel reward card game and switch to a basic, good qaulity, no fee Visa. I was in time to have my entire annual Gold Visa fees credited back and my partner is getting part of his annual fees back on his Captial One. Similar to CC I may get a good cash back card but for now we’re just going to keep our plain Shoppers Optimum points card which works well for us and as CC said our Esso and plain orange Aeroplan card when and if we can. Travel will be paid for the old fasion way…saving up for it. Who knew?

    We chose to simplify our finances and life a few months a go and in the process have saved about $1500 per year and less stress. But we do know friends who use their AeroGold Visa and love it. So to each thier own.

  8. Phil S
    May 03 - 7:53 pm

    @Marie. I think it may have been in MoneySense magazine – they seem to do a comparison of credit card programs from time to time.

    I find your conclusion interesting – I’m also starting to consider ditching all of my frequent flyer credit cards but for me it’s mainly because I now live in a border community where it’s much easier (and cheaper) to fly out of the USA than Canada and none of my credit card programs allow me to use points on any of the airlines here that I can fly from… Once I get a chance to use up my points, I may thin out my credit card collection and cancel one or two of them. I currently have about 8 credit cards and three of them are premium cards.

  9. Erick
    May 04 - 5:50 pm

    @gene

    If you’re referring to the Capital One Aspire World MC, I would recommend it for all purchases (except gas and groceries…can’t beat SmartCash!).

    It does have an annual fee of $120, which would normally remove it from consideration, but with an annual renewal bonus of 10,000 points, the fee is effectively reduced to $20 per year.

    The only real drawback is that you must have a personal income of at least $70,000 to qualify for the card.

    You can redeem for any kind of travel with any vendor. Be sure to wait until you have at least 60,000 points before redeeming to maximize your reward return rate.

    Even without considering the travel rewards, it’s worth $20 per year just for the extra insurance perks this card has…more details available here:

    http://www.howtosavemoney.ca/Finances/CreditCards/Cards/CapitalOneAspireWorld

  10. My Own Advisor
    May 05 - 9:27 pm

    These changes are annoying. Time to start using my miles for gas cards and gift cards I guess.

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