This question has been brought up fairly often in the miles and points world. “I have no use for my Aeroplan miles, can I see my miles?
The short answer is no. Today, I will explain why, and what alternatives there are instead.
The terms and conditions section in the Aeroplan website covers most of what I will summarize here.
Aeroplan’s rules state that miles:
- have no monetary value
- cannot be exchanged for cash, assigned, traded, willed or otherwise transferred (other than with the consent of Aeroplan)
The consequence of doing so is the loss of membership or the cancellation of the affected reward, benefits or miles.
So why can’t we sell miles? Aeroplan wants to keep their members engaged into the program.
Even though you may not be able to sell your miles, you do have some options to consider, depending on what the situation is.
Members can top up their miles at time of booking (flight/car or hotel reward) for a fee. This can be useful, I would look at this like a cash and miles option. However, keep in mind that the cost to top up may not be worth it. You may be better off paying for the flight with cash, always do your calculations first.
Members can transfer miles to another member for a fee. Because of the fee, I would not consider this option as the cost to transfer may not even be worth it.
Keep in mind that there is also a limit of 5 transactions per account per calendar year. A member can transfer miles to three recipient members at one time (maximum 999,999 miles and minimum 1,000 miles).
Also, transferred miles do not count towards qualifying for the Air Canada’s Altitude elite program, nor the Aeroplan elite status.
Redeem miles for someone else
For example, members can use miles to fly a family or friend to visit even if the member is not travelling with that person.
This is one of my favourite reward option and I have taken advantage of this numerous times. Furthermore, this option does not cost an extra fee, unlike the above two options.
Unfortunately, this is not like buying a bike, use it for a while, and then posting it on Kijiji to sell second hand. So what should you do with unused miles? Well, it depends on your situation. Personally, I like using the “redeem miles for someone else” option. It is one of the best gift that I can give to someone.
There is also the option of donating your miles to a charity. Perhaps I may write a post about that another day.
If you feel that you are collecting too slowly to redeem for anything significant, you always have the option of slowly plowing away till you get there. It is easy enough to keep your account active. In which case, treat it like a retirement portfolio. You have 20-30 years to save enough miles for a few trips during retirement.
If you had no intention of using your Aeroplan miles, make it easy on yourself, move on to another reward system instead.