How to go about securing the best rate and plan for your credit card in Canada.
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The federal government says that credit card companies have agreed to trim the fees they charge the country's businesses by 10 basis points..... More »
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Aeroplan is on a tear right and are showing Air Canada they don’t need the airline or the Star Alliance to succeed. Last week they rejected the bid for Air Canada et al to buy Aeroplan and added Porter Airlines as a preferred airline partner. Now today it has been announced that Air Transat will become a preferred partner as well.As of July 2020 Aeroplan members will be able to earn and redeem Aeroplan miles on Air Transat flights and vacation packages. “We are thrilled about this agreement in principle and look forward to Air Transat, recently recognized by Skytrax as the World`s Best Leisure Airline, partnering with Aeroplan for its members’ leisure travel needs to some 60 destinations in the Americas, Europe and the Middle East,” said Joseph Adamo, Chief Distribution Officer, Transat”Key word here is Leisure Airline, Air Transat as most if not all of our readers show know is a charter/leisure airline for vacationing Canadian traveller with flights primarily to Europe and Sun destinations…
Just as I hit ‘post’ for the Aeroplan Air Transat announcement an email notification popped up with another press release from Aeroplan – “Aeroplan and Flair Airlines Announce Preferred Partnership”Now we have another leisure airline being added and this one is an Ultra Low Cost Carrier. Part of me was hoping we wouldn’t see this sort of partnership, I mean Air Transat is one thing, but Flair Airlines is bare bones where you have to pay for everything (carry on bag fees, airport counter fees etc), it’s no Air Canada, it’s no WestJet but again it is an airline the average Canadian who travels less than once a year would fly to visit friends or family across Canada. It once again makes sense for a portion of Aeroplan members who only collect a few miles here and there – they aren’t going to earn enough miles to fly to Australia and need some closer in options. Starting July 2020, Aeroplan Members will be able to both earn Aeroplan Miles when booking flights on Flair routes and redeem for flights at fixed-rate fares…
Credit card balances fell slightly in June, according to the Federal Reserve
The largest shareholder in Aeroplan’s parent company, Aimia Inc., has applauded the firm’s board of directors for not agreeing to sell the Aeroplan point program to a group led by Air Canada.