For those of you who use Aeroplan, Yahoo Finance has an article about how Aeroplan is changing some of the rules of its program. Check out the article here.
Included in this are expiry of miles after 7 years, and the mandatory use of the program once every 12 months.
As I mentioned in one of my previous articles; understanding the expiry of miles in these programs is very important, if you are a collector. It may be good for Aeroplan to have a seven year expiry on their miles, but I do not see how this benefits the Aeroplan collector in any way.
This is one more reason to make sure that if you collect Aeroplan or other types of miles, that you watch them closely to make sure that you get to redeem them.
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