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Review of the Air Canada Aeroplan Credit Card

The Air Canada Aeroplan Mastercard was last reviewed on 1st July 2006



Miles Formula - The Air Canada Aeroplan Platinum Plus Mastercard is a very typical airline travel credit card which lets you earn the standard 1 mile for every dollar spent on purchases. You get a signing bonus of 5,000 bonus miles and one complimentary Air Canada companion certificate after your first qualified purchase. The key feature of this credit card is that you can earn unlimited miles.

Fees - The APR is prime rate plus 9.99%. There is a 2.9% fixed introductory APR for balance transfers and advance checks for 6 billing cycles. The annual fee at $60.00.

Conclusion - If you are a frequent flyer with Air Canada and want to earn extra miles, this credit card will help you achieve that.

Canadian citizens can also earn faster aeroplan miles with a Canadian credit card should consider the The American Express® AeroplanPlus™ Card.


Air Canada Aeroplan Platinum Plus Mastercard
Miles Benefits
Signing Bonus 5000 bonus miles after first purchase

Receive 2 Air Canada Maple Leaf Lounge 1 time Guest Passes
Miles Accumulation 1 mile for every $1 spent on purchases
Anniversary Bonus none
Miles Expiration does not expire if account is active within 36 months
For new account members, the account has to be active within 12 months
Air Canada Super Elite, Elite or Prestige accounts will not expire
Caps on miles no limit
Travel and Insurance Benefits
nr
Other Benefits
Zero liability purchase
Cost/Fees/Interest rates
Introductory rate 2.9% fixed APR for 6 billing cycles (for both balance transfers and advance checks)
Annual Fees $60.00
Purchase APR 9.99%
Balance Transfer APR 9.99%
Cash Advance APR 19.99%
Min Finance Charge $1.50
Grace Period 25 days
Balance Calculation Method Average Daily Balance (including new purchases)
Balance Transfer Fee 3%, min $10.00, max $75.00
Advance checks fee 3%, min $10.00, max $75.00
ATM Cash Advance fee 3% min $10.00
Other Cash Advance fee 3% min $10.00
Foreign Currency Conversion fee 3%
Over-the-credit-limit fee $15 - less than $500
$29.00 - $500-$1000
$39.00 - more than $1000
Late Payment fee $15.00 - less than $100
$29.00 - $100-1000
$39.00 - greater than $1000










 
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