A look at the great value provided with the Annual Worldwide Companion Pass from Aeroplan’s Ultra Premium Credit Cards + MORE Jan 27th

The 100,000 bonus HSBC Rewards points on the HSBC World Elite® Mastercard® was set to end on January 31 but it has now been extended to April 4, 2021. On top of the 100,000 point bonus on the HSBC World Elite Mastercard this current welcome bonus also provides no annual fee in the first year for the primary cardholder. Those 100,000 points are worth $500 towards any travel! Since Quebec doesn’t allow the first year free waiver the offer there is a whopping 130,000 points worth $650 towards travel but you do have to pay the annual fee so you end up with $501 in travel value.The bonus outside of Quebec is awarded as follows:20,000 Point Welcome Bonus on your first purchase50,000 points when you spend $6,000 in the first 180 days 10,000 points when you add an authorized user20,000 points as a card anniversary bonusand its purchase earn rates are as follows: 6 points per eligible dollar spent on all eligible travel spending – This earn rate is only awarded on the first $50,000 spent in this category annually3 points per dollar spent on all other spendingThe 100,000 points bonus once achieved are worth $500 in travel rewards but in fact you will have at least 118,000 points as you would be earning a minimum 3 points per dollar on the $6,000 in required spend…

Aeroplan’s first buy points bonus of the year is here and it’s a pretty good one.  For the next week you’ll be able to buy or gift points with up to a 100% bonus. This tiered offer sees bonuses ranging from 50% to 80% dependent on how many points you buy. This offer runs until February 2, 2022 and allows members to buy up to 350,000 points per transaction up to the annual limit of 1 million points. If you buy 5,000 to 19,000 points you’ll earn a 60% bonus, 20,000 to 55,000 points will earn a 75% bonus, 60,000 to 90,000 you’ll get a 90% bonus and 100,000+ will earn the 100%.  If you buy points at the 100% level, which kicks in at 60,000 or more bought points, your cost on each point is 1.75 cents (C$) each before taxes. If you are savvy eyed you’ll notice that’s higher than the 1.67 cents it cost during their last promotion to buy points with an 80% bonus. Yes, unfortunately at the beginning of December Air Canada Aeroplan increased the base per point purchase cost to 3.5 cents from  3 cents…

Here’s your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 100,000 bonus points worth $500, has no foreign transaction fees and no annual fee in the first year!  The next batch of AIR MILES Card linked offers were released this week. These are the offers where you can link any Canadian Mastercard to earn these AIR MILES offers with – not just their co-brand cards. Some of the offers are the same as before like Subway and H&M but there are new offers from VIA Rail, Frank & Oak and several other retailers. This set of offers are valid until March 2, 2022. Click here to learn more about card linked offers.Image via AIR MILES —PC Optimum Points Days kicks off today with many bonus points offers available until February 2nd. Some of the key offers are 2,000 bonus points when you spend $20 at Esso/Mobil and 15,000 bonus points for every $100 spent on select gift cards (I’m assuming at Loblaw stores or Shoppers Drug Mart)…

 In this “A look at the value’ post we welcome back Rewards Canada contributor Dee who delves into the value that can be received from the Annual Worldwide Companion Pass benefit on select Aeroplan co-brand credit cards. This pass is an annual benefit available on four Ultra Premium Air Canada Aeroplan cards and is awarded when the cardholder reaches $25,000 in net purchases prior to the card anniversary date.The four Ultra Premium Air Canada Aeroplan co-brand cards that have this benefit are the following:American Express® Aeroplan®* Reserve Card CIBC Aeroplan® Visa Infinite Privilege* Card  TD® Aeroplan® Visa Infinite Privilege* CardAmerican Express® Aeroplan®* Business Reserve CardRecommended reading: The New Aeroplan credit cards comparedOnce you hit the $25,000 spend requirement to earn the pass you’ll receive the Annual Worldwide Companion Pass up to 10 weeks after you renew the card. Yes, it is awarded after your card anniversary date but is based on your annual spend prior to that date…