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Air Canada’s Aeroplan is out with a 100% bonus on points purchased or gifted. That brings the cost per point as low as 1.38c per point if you buy a large quantity. While that can potentially be a decent value, you need to buy a lot of points to get that price.
Past Aeroplan points sales
- 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)
Promotion Details:
From March 9 until March 22, 2022, Aeroplan members will be able to buy Aeroplan points and earn a Bonus of up to 100% of the Aeroplan Points purchased (note the limit of 1,000,000 purchased points per year before the bonus):
- Buy 5,000-19,000, get a 50% bonus (1.8c per point)
- Buy 20,000-55,000 miles, get a 65% bonus (1.65c per point)
- Buy 60,000-95,000 miles, get an 80% bonus (1.94c per point)
- Buy 100,000+ points, get a 100% bonus (1.38c per point)
- Direct link to this promotion
Best uses:
Things to know:
- Aeroplan allows a maximum of 1,000,000 points purchased per year before the bonus (note that you will need to make multiple transactions to reach the limit)
- Aeroplan is an Amex, Chase, and Capital One transfer partner.
- Aeroplan has a good policy for lap infant award tickets – see this post for more.
It looks like 1.94c is in Canadian currency. In USD, it is around 1.52c.
Buy 60,000-95,000 miles, get an 80% bonus (1.94c per point)
If you have points from Amex and Chase, do you buy or transfer from your bank points. Given Chase’s PYB, I would value those at $.015. Are Amex points really worth only $.0138?
This is not a theoretical issue. I have 2 50k certificates from my new Aeroplan card. Do I transfer or buy the extra miles to obtain 2 business class tickets?
PS There is a problem with your calculations. 50% bonus and 65% bonus results in cheaper points than the 80% bonus.
Hi Nick. It seems best to mention that Aerpolan has raised the price of their miles (apparently in January?). Used to be 0.03 CAD, now 0.035 CAD. Comparing this sale to previous sales without mentioning that would be comparing apples to oranges. I see that Loyalty Lobby (maybe others) makes note of this as well.
I don’t agree. The only think that matters is the cent per point value that you are getting the miles at, and if it makes sense for you. Not what the original price is.