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Air Canada Aeroplan is out a great points sale as part of its 40th anniversary celebration. The best deal will be buying points from today (7/8/24) through Thursday (7/11/24) with a 125% bonus, which drops the price per point to just 1.14c per point.
That said, you’ll need to be ready to make a relatively large points purchase if you want to get that best rate. That’s because the 125% bonus kicks in when you buy at least 60,000 points and get an additional 75,000 bonus points for a total of $2,100 Canadian Dollars (that’s about $1,540 in US Dollars at the exchange rate at the time of writing).
Update: Some readers report that the 125% bonus starts at 80,000 + 100,000 points level, but my account shows 60,000 + 75,000 receiving the 125% bonus. Apparently, the starting level may vary.
At the top end, you can buy up to 500K + 625K bonus for a total of 1,125,000 points in a single transaction (at a price of $17,500 CAD / $12,840 USD).
Aeroplan has been offering sales every 2-4 weeks with a bonus that has gone to 100% or above every 3 months or so, but the 125% bonus here is the best we’ve seen in a long time.
The Deal
- Get up to a 125% bonus on purchased Aeroplan points when you buy at least 60,000 (getting an additional bonus of up to 75,000 points).
- Sale is through Points.com (so you will not earn bonus points by paying with a card that bonuses travel purchases)
- Offer for up to 125% bonus valid July 8, 2024 through July 11, 2024
- Offer for up to 100% bonus valid from July 12, 2024 to July 19, 2024
Best Uses for Aeroplan Points
- Add Stopovers for 5,000 miles: There's great value in the Aeroplan due to the ability to add a stopover on a one-way award for 5,000 additional miles, making it possible to combine two destinations on one award.
- Lap Infants: Lap infants are just $25 CAD or 2,500 miles per direction (far cheaper than what most programs charge).
- Travel within US and Canada: Aeroplan charges 6K to 22.5K miles each way in economy class or as low as 15K miles each way in business class within US and Canada
- Business Class to Asia and the South Pacific: Flights to Asia and South Pacific range from 55K-105K one-way in business class (plus 5K miles for a stopover), which can be a particularly good value for awards combining Asia and the South Pacific in one itinerary.
- Business Class to Africa (with a stopover in Europe): Flights to Africa can vary between from 60K to 100K in business class based on distance (add 5K miles for a stopover within Africa or Europe).
- Explore remote Canada for far less (Northwest territories for cheap!). In some cases, Air Canada only charges 12.5K miles one-way to remote stretches of Canada. See more here.
- See more best uses here: Best uses of Air Canada Aeroplan points
Things to Know
- How to find awards: Search for available space at Aeroplan.com (you’ll need to create a free Aeroplan frequent flyer account to search)
- Change and cancellation fees: Fees vary from $25 for a Flex fare change to $100 for a close-in saver change and from $75-$175 for cancellations.
- Key warnings: Cancellation fees can be high, particularly for close-in travel.
- Transfer from: Amex, Capital One, Chase, Marriott
Past Aeroplan points sales
- June 7, 2024 to June 21, 2024, Aeroplan sold points with a 100% bonus (1.27cpp)
- April 29th – May 11th, 2024, Aeroplan sold points with a 100% bonus (1.23cpp)
- March 22 – April 5, 2024, Aeroplan sold points with an 80% bonus (1.43cpp)
- January 23rd – January 30th, 2024, Aeroplan sold points with a 100% bonus (1.23cpp)
- November 13th – November 29th, 2023, Aeroplan sold points with a 125% bonus (1.13cpp)
- October 16th – October 25th, 2023, Aeroplan sold points with a 80% bonus (1.43cpp)
- September 12th – October 2nd, 2023, Aeroplan sold points with an 80% bonus (1.42cpp)
- July 6th – July 12th, 2023, Aeroplan sold points with a 75% bonus (1.49cpp)
- June 7th – June 17th, 2023, Aeroplan sold points with a 50% discount (1.74cpp)
- May 23rd – May 29th, 2023, Aeroplan sold points with a 95% bonus (1.30cpp)
- May 18th – May 22nd, 2023, Aeroplan sold points with a 110% bonus
- April 21st – April 30th, 2023, Aeroplan sold points with a 85% bonus
- March 13th-30th, Aeroplan sold points with a 80% bonus
- January 19th-25th, Aeroplan sold points with a 100% bonus
- December 1st-December 31st, Aeroplan sold points with a 30% bonus
- November 15th-November 28th, Aeroplan sold points with a 115% bonus
- September 29th – October 9th, 2022, Aeroplan sold points with a 85% bonus
- August 20th – September 3rd, 2022, Aeroplan sold points with an 85% bonus
- July 8 – July 20, 2022, Aeroplan sold points with a 100% bonus
- May 9 – May 20, 2022, Aeroplan sold points with an 85% bonus
- March 9 until March 22, 2022, Aeroplan sold points with up to a 100% bonus
- January 27 until February 2, 2022, Aeroplan sold points with up to a 100% bonus
- July 19, 2021 until July 30, 2021, Aeroplan sold points with up to an 80% bonus
- May 7 at 10:00 am ET until May 13, Aeroplan sold points with up to a 115% bonus (from 1c per point)
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Edit: I see Chuck noticed this too.
Hmm; I noticed Chase users have pay yourself back at 1.25 cents per point, so in theory there might be a slight arbitrage…although it’s unclear if these points would be eligible for that…the terms say “Only Aeroplan Points earned under the Aeroplan Program, the Chase Aeroplan Card, and Chase Ultimate Rewards® can be used for Chase Pay Yourself Back. Points converted from other programs are not eligible.”…but purchased points don’t fall into any of those categories.
It would technically be profitable to pyb for travel…
Minimum purchase on my account to get the 125% bonus was 80,000 points – not sure if this is an error in the post or if it varies by person. Just FYI 🙂
My account is the same as yours 80,000 point minimum for 125% bonus which is 2800 CAD. At 60,000 points as mentioned in this post I only get an 85% bonus for 2100 CAD.
[…] Buy Air Canada Aeroplan points with an 80% bonus […]
only got 100% myself. same with several other people and P2, so seems like its rare to get the highest one
What is the historical CPP cost at max discount? Hard to know what 50% discount is compared to 75% bonus. Would make the historical data much more valuable.
That’s a great point, since they oscillate between discount and bonus. I can go back and enter some of those in, there will be little bit of funny business because of changing exchange rates. the 50% discount that they just ran was 1.31cpp by comparison, way better than the 75% bonus.
Have you posted an article yet with these comparisons? Or an srticlwith the followup 95% from this promotion?
It would be useful to have the CPP in the offer history like you do with LifeMiles as that’s the easiest way to compare whether this sale is good, historically speaking.
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Who’s kidding who? Buy miles with all the devaluations going on?
arbitrage shutdown with AC PYB? Buy for 1.23 cpp and use PYB for 1.25 cpp
@ Tim — Can you use shopping portal TopCashBack.com to earn cashback from points.com for a purchase of Aeroplan miles?
Yes you can.
Is the earn rate 5%?
You earn whatever the portal pays out.
Do you have personal experience using TCB for buying Aeroplan miles through their link to Points.com? What was the payout percenatge you received?
As I suspected from the start, clicking through the points.com link at TopCashBack.com will NOT earn you any cashback for purchasing Aeroplan miles.
You did not earn any cashback because Aeroplan is NOT a merchant on Topcashback. Why would they pay you for clicking through to a merchant they are NOT advertising on their website? They wouldn’t. If you clicked on the points.com link on topcashback, it CLEARLY shows which merchants they are offering cashback on. Aeroplan isn’t one of them. If you believed that they would give you cash back, then YOU are mistaken. I, along with many others have earned cashback from topcashback, or other shopping portals when they are actually advertising cashback for said merchant. You made the mistake. learn from it.
Wow, you’re a jerk. You answered my question incorrectly (obviously without even bothering to look at TCB), and now you attack me? Points.com is a TCB cashback partner and has a generic offer of 4.2% cashback for a “miles purchase” at points.com. I tried it, and it didn’t work for Aeroplan. I shared that knowledge to help others. All you did was be a jerk. Thanks for your valuable contribution.
If TopCashBack can find a reason not to pay out, they’ll find it and not tell you about it.
I compeletely agree. That is why I ONLY use TCB in cases where TCB offers cash back and no one else does. I woud rather get 1% MR back from Rakuten than 10% cash from TopCash Back becuase TCB is so unreliable when it comes to paying out cash back. Rakuten, on the other hand, will automatically credit missing cash back when you file a missing cash back claim. The difference between the two prgrams is like night and day, My advice to others is generally AVOID TCB and always use Rakuten instead.
agreed
Not sure if there might be different minimums for the May offer, but I am only seeing the maximum 110% if I buy 80,000, not 60,000
Hey Tim – just an update on the prices between North America and Canada in business class – I’ve seen fares as high as 50k points now so may be worth updating that data point.
Thanks, I’ve updated that in our Aeroplan content block.
Math also doesn’t work on this point
Is this an updated article or something? Also the match doesn’t make sense on this part
Yep it is, and that’s just a typo. Should be be 27,750 when buy 15,000. Fixed it.