For the first year AF waived Aspire, the statement closing date has moved to Dec 6. It's now possible to triple dip the airline credit.1. Use credit in 2019
2. Use credit in 2020
3. Use credit in 2021 before you downgrade
If you're planning on cancelling then you have to do it within 30 days of AF posting (posting on 12/6/20) to get the AF refund. This means you have from 1/1/21 until 1/5/21 to use the credit. You can also change the statement closing date to something later in the month to get more time.