This question is asked almost every day in the Milesopedia community Facebook group. The following is a list of the sign-up bonus requirements for the major credit cards in Canada.
Each credit card issuer has specific rules that vary for each of their cards!
When a credit card is linked to a program (Marriott Bonvoy, Aeroplan, etc.), the bonus will be credited directly into the loyalty program account a few days AFTER the monthly statement is issued.
The minimum spending requirement and the number of points are constantly changing. It is therefore advisable to refer to the relevant credit card page for current terms and conditions.
Please note that the deadline for obtaining the sign-up bonus begins on the card’s APPROVAL date. Check the offer conditions very carefully, as they may specify a maximum duration of a few months or may depend on the number of statements.
Sample calculation: approval on June 30 with an offer spread over three months gives you until September 30 to meet the required conditions.
Here are some rules for awarding the sign-up bonus for the best-known cards:
A few notes about American Express sign-up bonuses, which account for most card applications.
Generally, points are deposited directly into the Membership Rewards account 24-48 hours after reaching the requested amount.
In rare cases, it can take up to 8 weeks after reaching the minimum amount requested to receive the points.
Generally, points are deposited into the Marriott Bonvoy account between 3 and 5 days AFTER the monthly statement is issued on which the minimum spend will be recorded.
In rare cases, you have to wait for up to 3 statements after reaching the minimum amount required to receive the points from the sign-up bonus. According to many feedbacks, this happens especially when we only have Marriott establishments expenses on our credit card statement.
Generally, points are deposited into the Aeroplan account between 3 and 5 days AFTER the monthly statement is issued, on which the minimum spend is recorded.
In rare cases, you may have to wait up to 3 statements after reaching the minimum amount requested to receive the points.
The Aeroplan program has updated its terms and conditions of use, to clarify certain points and prevent abuse, mainly related to Aeroplan credit card churning (multiplication of credit card sign-up bonuses).
We therefore advise you to read the following article in order to comply with the program rules and to learn about the various ways of maintaining a constant flow of Aeroplan points without contravening the terms and conditions.
Savings are here:
