Monthly Archives

Monthly Archives for July 2018.

Aeroplan Will Introduce Airline Transfer Partners and Only Devalue on 5% of Routes

air canada plane tarmac
Jul 19 2018

Aeroplan is an independent separately traded company. Air Canada spun it off to raise cash and at the time locked in a 15 year agreement for an exclusive partnership. Aeroplan expected to renew this deal on less favorable terms, and planned to squeeze customers as a result.

But Air Canada is launching a new frequent flyer program in 2020 instead, leaving Aeroplan in a pickle.

Continue Reading »

What Happens to Your Bank Points When You Die (and How to Prepare Now)

credit cards
Jul 19 2018

In light of news that Anthony Boudrain had included his frequent flyer miles in his will, I wrote about how each of the major airline and hotel programs handle miles as part of an estate and what you need to do to make sure your points can be used by whomever you intend.

What I didn’t cover at the time was how transferrable bank points work when you pass away. And it turns out know this is even more important.

Continue Reading »

Insights into How Credit Card Payments Work From the CEO of Plastiq

telephone with overdue bill
Jul 18 2018

Bill payment service Plastiq charges your credit card and then pays the bills you ask them to. That way you can earn credit card rewards for bills you might otherwise pay by check (currently only Mastercards allowed for mortgages), and benefit from convenience and float, charging something at the beginning of a credit card billing cycle and paying it off at the due date weeks after the end of the cycle.

Their CEO did an AMA on Reddit and offered some interesting insights into payments and their business plans.

Continue Reading »