Credit Cards:
One of the fastest ways to earn Aeroplan points is by signing up for
co-branded credit cards and earning the welcome bonus. These credit cards are offered by a number of banks including
TD and
CIBC.
Recent offers include a Buddy Pass after spending a certain amount of money on the card.
Reports are that the Buddy Pass can be exchanged for 30,000 Aeroplan Points.
Once you have these cards, you may want to consider
Product Switching in intervals to take advantage of new sign up bonuses and avoid hard hits to your credit score.
Other credit cards with flexible travel perks may allow exchanges to Aeroplan points. These include a number of cards by American Express that earn Member Rewards (MR) points. MR points transfer directly to Aeroplan at a 1:1 ratio. Sign-up bonuses for these cards can be very valuable, along with ongoing spending, and will boost your balance.
Note that welcome offers, terms and conditions, and structures of programs are subject to change at any time. It's important to do research and confirm all elements of your strategy before making any decisions.
Also note that some credit cards may have income requirements and annual fees (some that are waived during the first year). Also signing up for credit cards can have an impact (usually small) on your credit score temporarily, all else being equal.
Learn about the elements of your credit score and sign up for services like Borrowell and Credit Karma to monitor your score.