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Worldpoints to Aeroplan transfers ending – goodbye 2x miles per dollar

by on Sun November 11, 2012 • No Comment

Savvy holders of the Fidelity Investment Rewards American Express have used it as a lucrative way to earn Aeroplan miles. Basically the Fidelity American Express earns 2 points per dollar on all purchases, and in turn these points (called Worldpoints) can  be transferred 1:1 into Air Canada Aeroplan miles. These are useful because Aeroplan is part of the Star Alliance, which means the miles can be used for global travel on United, US Airways, Air Canada, Lufthansa, Singapore Airlines, and many more. No other card let you earn 2x traditional airline miles per dollar on all spending.

Well, the jig is up. Worldpoints began notfying cardholders in its program that the transfers to Aeroplan will end in January 2013. (courtesy Dan’s Deals).

So the Fidelity card now only earns points that can be used as cash value toward flights, which means no lucrative redemptions using the Aeroplan reward chart for international trips.

So what’s the alternative for maximum value with a consumer card…

Well there is the Chase combination…

  • Chase Sapphire Preferred® Card – 2x points per dollar on dining / travel, plus a 7% bonus on your points earned each year
  • Chase Freedom – 5x points in rotating categories each quarter
  • Chase Checking Account – If you have a Chase checking account, your Freedom will earn 10 points per transaction, so use it for all of your small non dining / travel spending. This comes via the ‘Chase Exclusives’ program

All of these points are earned as Ultimate Rewards that can be transferred into United, Southwest, British Airways, Hyatt, Marriott, and Korean Airlines accounts. It’s not quite double miles on all spending, but it gets close.

Or, you can earn in points that are highly regarded as being worth over 2 cents per mile. The Starwood Preferred Guest American Express earns some of the most valuable points available, we think they’re worth 2.5-3 cents each or better if you use them for hotel nights. So even though it only earns one point per dollar in spending the underlying value is very high.


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Chase Sapphire Preferred® Card

Miles dont expireas long as card is open
Learn more

Partner Offer

50,000 bonus points

Intro Offer

$0 introductory annual fee the first year, then $95

Annual Fee


Foreign Transaction Fee Waived

Yes - transfer to United MileagePlus, Southwest Rapid Rewards, Marriott Rewards, and more

Points Can Transfer to Airline Miles ?

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