As of May 7, 2020, Aeroplan will officially start selling miles directly to consumers. Aeroplan will have a limit of 250,000 miles per transaction, and 500,000 miles per account per calendar year. The cost will be $0.03 CAD per mile before any bonuses.To celebrate this mileage sale functionality going live, Aeroplan will offer an incredible promotion between 10AM ET on May 7 and 11:59PM ET on May 13:For the first 10 million Aeroplan miles sold, members will receive a 115% bonus (equivalent to $0.014 CAD per mile plus sales tax, $0.01 USD per mile)For the next 100 million Aeroplan miles sold, members will receive a 90% bonus (equivalent to $0.016 CAD per mile plus sales tax, $0.011 USD per mile)All Aeroplan miles sold after that will receive a 65% bonus (equivalent to $0.018 CAD per mile plus sales tax, $0.013 USD per mile)The 250,000 mile per transaction limit doesn’t apply to the bonus (so only the base miles count)Transactions made with US based credit cards with a US billing address are not subject to sales tax
That 10M cap will be hit pretty quickly.
so its $500 for status...
Very unlikely that these bought miles will count toward status although I'd love to be wrong.
...half of all the miles you purchase as part of this offer will count towards reaching a higher Altitude status as part of our Travel at Home promotion.
What good is Aeroplan 25K anyway?
Per https://www.aeroplan.com/travelathome.do#/
Shame that you can't get *G.
The site is prob gonna act like the US mint site...Can't wait.
Worse! 3BM+
Why would you need 3BM? is there any limit of how much you can purchase?
amex wholesaling now at 1.1 cents so not such a major deal...
care to explain
People are buying Amex from mileage brokers at 1.1, so.