Air Canada Aeroplan Selling Points With Huge Bonus

Air Canada Aeroplan Selling Points With Huge Bonus

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Deal History
Up to a 115% bonus on purchased points November 14, 2022 November 28, 2022
Up to an 85% bonus on purchased points September 29, 2022 October 9, 2022
Up to an 85% bonus on purchased points August 30, 2022 September 3, 2022
Up to a 100% bonus on purchased points July 8, 2022 July 20, 2022
Up to an 85% bonus on purchased points May 9, 2022 May 20, 2022
Up to a 100% bonus on purchased points March 9, 2022 March 22, 2022
Up to a 100% bonus on purchased points January 27, 2022 February 2, 2022
Up to an 80% bonus on purchased points September 27, 2021 October 11, 2021
Up to an 80% bonus on purchased points July 19, 2021 July 30, 2021
Up to an 60% bonus on purchased points May 26, 2021 June 1, 2021
Up to a 100% bonus on purchased points March 22, 2021 April 2, 2021
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Often buying points strategically can be a good value, especially for first & business class travel. The Air Canada Aeroplan program has just launched its latest promotion on purchased points, which is potentially among the best offers we’ve seen from the program.

Aeroplan is one of my all-around favorite frequent flyer programs, thanks to the huge variety of airline partners, the ability to have stopovers on one-way awards for 5,000 points, and the generally great online booking experience.

Promotion on purchased Air Canada Aeroplan points

Through Monday, November 28, 2022, the Air Canada Aeroplan program is offering a bonus on purchased points. This is being marketed as a mystery bonus, so different members may be eligible for different bonuses. My account is showing a bonus of up to 115%, as follows:

  • Buy 10,000-45,000 points, receive a 60% bonus
  • Buy 50,000-90,000 points, receive an 80% bonus
  • Buy 100,000+ points, receive a 115% bonus

Different members may be targeted for different offers, so you’ll want to log into your account to see what you’re eligible for.

How much does it cost to buy Aeroplan points?

Ordinarily you can buy Air Canada Aeroplan points for $0.035 CAD (~0.026 USD) each, before any discounts or bonuses. Any purchases made with US credit cards and US billing addresses aren’t subject to sales tax either.

If you maxed out the 115% bonus and purchased 500,000 points in one transaction pre-bonus, you’d receive a total of 1,075,000 Aeroplan points at a cost of $17,500 CAD (~$13,150 USD), which is a rate of 1.22 cents (USD) per Aeroplan point.

This is the best promotion we’ve seen from Aeroplan in quite some time. The last promotion offered a bonus of up to 85%, so suffice it to say that this is much better.

Aeroplan is selling points with up to an 85% bonus

How many Aeroplan points can you purchase?

While you can purchase up to one million Aeroplan points per account per calendar year (pre-bonus), there is a per-transaction limit of 500,000 points pre-bonus. You’d need to buy points in multiple transaction if you wanted to get to your purchase limit.

Which credit card should you buy Aeroplan points with?

Air Canada Aeroplan points purchases are processed by points.com, meaning they don’t count as an airfare purchase for the purposes of credit card spending. Therefore I’d recommend using a card on which you’re trying to reach minimum spending, or otherwise, a credit card that maximizes your return on everyday spending.

In this case the best options are the Capital One Venture Rewards Credit Card (review) or Capital One Venture X Rewards Credit Card (review), which offer 2x miles and have no foreign transaction fees. Usually the Chase Freedom Unlimited® (review) or Citi® Double Cash Card (review) would also be good options for maximizing everyday spending, but the cards have foreign transaction fees, so wouldn’t be good options in this case.

Citi® Double Cash Card
Learn More Terms Apply.
  • Earn 1% cash back when you make a purchase, earn 1% cash back when you pay for that purchase
  • $0
Chase Freedom Unlimited®
Learn More Terms Apply.
  • Earn 3% Cash Back on Dining
  • Earn 3% Cash Back at Drugstores
  • Earn 1.5% Cash Back On All Other Purchases
  • $0
Capital One Venture X Rewards Credit Card
Learn More Terms Apply.
  • Earn 2x Venture miles on every purchase
  • No Foreign Transaction Fees
  • 10,000 bonus miles every account anniversary
  • $395
Capital One Venture Rewards Credit Card
Learn More Terms Apply.
  • Earn 2x Venture miles on every purchase
  • No Foreign Transaction Fees
  • Global Entry/TSA Pre-Check Credit
  • $95
The Blue Business® Plus Credit Card from American Express
  • 2x points on purchases up to $50k then 1x
  • Access to Amex Offers
  • No annual fee

Is buying Air Canada Aeroplan points worth it?

Aeroplan is one of my favorite frequent flyer programs out there. The new Aeroplan program was launched in late 2020, and it’s completely different than before:

  • Award pricing is a combination of zone and distance-based
  • There are no more fuel surcharges for any award redemptions
  • You can have a stopover on a one-way award for an additional 5,000 points
  • Aeroplan has more airline partners than any other program out there, including partnering with many non-Star Alliance airlines

There are lots of phenomenal uses of Aeroplan points, and this is a program that I redeem through regularly.

Redeem Aeroplan points for travel on Turkish Airlines

On what airlines can you redeem Aeroplan points?

One of my favorite things about Air Canada Aeroplan is that the program has more airline partners than any other frequent flyer program, and you can redeem points on over 45 airlines. In addition to Air Canada belonging to the Star Alliance, Aeroplan also partners with airlines that include EtihadAzulVistaraAir SerbiaVirgin AustraliaAir DolomitiEurowings DiscoverGulf Air, Oman AirAir Mauritius, and Bamboo Airways.

I expect Aeroplan’s list of airline partners will only continue to grow over time, and to me that’s really exciting.

Redeem Aeroplan points for Oman Air first class

Are there fuel surcharges on Aeroplan awards?

Many consumers are frustrated by the practice of airlines adding carrier imposed surcharges to award tickets. In the case of Aeroplan, there are no fuel surcharges on award tickets, meaning you shouldn’t expect to pay big fees when redeeming points.

How much are Aeroplan points worth?

Everyone will value points currencies differently, but personally I value Aeroplan points at ~1.5 cents each. However, I tend to value points pretty conservatively, and there are many ways to get way more value from Aeroplan points than that.

Redeem Aeroplan points for Etihad business class

Do Aeroplan points expire?

Air Canada Aeroplan points only expire after 18 months of inactivity. However, any account activity that leads to earning or redeeming points (including buying them) would reset the expiration.

What other ways can you earn Aeroplan points?

While buying Aeroplan points could represent a great deal, keep in mind that there are lots of other ways to earn Aeroplan points. Most significantly, Aeroplan is transfer partners with American Express Membership RewardsCapital One, and Chase Ultimate Rewards, making the currency pretty easy to acquire.

On top of that, in the United States there’s the Aeroplan® Credit Card (review), which is pretty lucrative.

Redeem Aeroplan points for Lufthansa first class

Bottom line

Air Canada’s Aeroplan program has launched its latest promotion on purchased points. Different members may be targeted for different offers — I’m eligible for a 115% bonus, which is an opportunity to acquire Aeroplan points for 1.22 cents each (in USD).

Even as someone with a lot of transferable points (and you can transfer points to Aeroplan from Amex, Capital One, and Chase), I’m almost tempted to pick up Aeroplan points at that cost. This is an incredible deal, given all the partner redemption opportunities.

Do you plan on buying Aeroplan points with this promotion?

Conversations (24)
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  1. iamhere Guest

    A form of devaluation.

  2. PointsAeroplanGuy Guest

    If you transfer the points from say MR, do you still get the earn bonus?

  3. Duck Ling Guest

    One aspect they should highlight when buying points is that it can take time for them to appear on your frequent flyer account.

    I checked availability for a route I want to fly and found Biz available (one seat!) and so purchased the amount of miles required.

    It isn't until you finalise your payment that you get a receipt saying it will 'be processed within 48hrs'. And then when my email receipt came it said...

    One aspect they should highlight when buying points is that it can take time for them to appear on your frequent flyer account.

    I checked availability for a route I want to fly and found Biz available (one seat!) and so purchased the amount of miles required.

    It isn't until you finalise your payment that you get a receipt saying it will 'be processed within 48hrs'. And then when my email receipt came it said it can take up to 72 hours!

    So kinda crossing my fingers and thumbs that the seat will still be there!

    1. shawnehmann New Member

      my 200k posted immediately... maybe its the credit card??

    2. David G Guest

      How long did it take? Same prob

  4. Mick Guest

    Bamboo airways! As expected lollll :) my 9 year old son and I are very keen to give bamboo long haul a go in biz. Looks very nice.

  5. TranceXplant Member

    Question: does Aeroplan ever have competive redemption rates for business class?

    I just compared Aeroplan and AAdvantage rates for a number of destinations on various dates and couldn't find anything that wasn't 2x to 8x the price. Economy rates are roughly equal across the board, but geez...481k miles one-way to Tokyo (vs 60k) in February? That's Skypesos territory.

    Perhaps there are sweet spots I'm not aware of?

    1. jessie Guest

      I am a Middle East based, Asian expat. Aeorplan has an incredible value here, mixing so many different airliens: EY, GF, TK, WY(Oman Air), MS, Ana, Asiana, Thai etc. For the route of Middle East(Gulf)-Asia, it reuqires 60K.

    2. Derek Guest

      Short answer; if you're flying Air Canada, no.

      Long answer: Aeroplan is really only worth it for their partner availability, which as of late has been absolutely abysmal in terms of availability. So while there are SOME sweet spots like west coast to Japan/Pacific Asia, you'd be hard pressed to find reasonable availability, as I suspect partner airlines are reducing space given to Aeroplan, but I don't have any data to justify it. Yet.

      Aeroplan...

      Short answer; if you're flying Air Canada, no.

      Long answer: Aeroplan is really only worth it for their partner availability, which as of late has been absolutely abysmal in terms of availability. So while there are SOME sweet spots like west coast to Japan/Pacific Asia, you'd be hard pressed to find reasonable availability, as I suspect partner airlines are reducing space given to Aeroplan, but I don't have any data to justify it. Yet.

      Aeroplan coaxes you in with their partner reward "availability", before pulling the rug and only offering you a 340,000 points economy, one way redemption from YYZ to YUL, 270 days out, on a Wednesday at 4am EST.

      Of course, I jest, but only partially, and that is likely the most tragic aspect of all of this--that I'm not far off in my sarcasm. The program is gold plated, but hides a rusty, decaying foundation underneath that is only supported by the promise of partner availability and news of new partners (with fewer and fewer seats made available to Aeroplan) in the not too distant future to keep you salivating and giving them one more chance to make it worth it

    3. Zach Guest

      Not sure what Derek here is taking about… but it doesn’t really get better than Aeroplan right now in the airline points world…

      As Derek himself noted, seat availability is abysmal right now with a surge in travellers. This INCLUDES Air Canada award seats. But Air Canada releases ALL of its seats to Aeroplan on a dynamic pricing model once the award seats are taken.

      For example, let’s say a certain route is 10k miles...

      Not sure what Derek here is taking about… but it doesn’t really get better than Aeroplan right now in the airline points world…

      As Derek himself noted, seat availability is abysmal right now with a surge in travellers. This INCLUDES Air Canada award seats. But Air Canada releases ALL of its seats to Aeroplan on a dynamic pricing model once the award seats are taken.

      For example, let’s say a certain route is 10k miles and Aeroplan releases two economy award seats (X). You’ll see those seats for 10k. Once they are booked, you will now continue to see availability on that route on a sliding scale connected to price. In their old model they had this separated in two tabs (classic rewards and marketplace rewards) — now they just show them all in one place.

      So yeah, if you’re seeing terrible redemption rates for a route… award seats are gone and you’re seeing dynamic pricing now.

      With the current landscape, it makes sense to really book right when the schedule opens. I r been redeeming Aeroplan miles all year and have bookings lined up for a family of four up until September 2023 - all with stellar redemption rates. Combine that with the Chase AP card and using eUpgrades on AC metal and you’re golden.

  6. shawnehmann New Member

    110 percent BONUS FOR ME 90 +99=1.26 PER

  7. Azamaraal Diamond

    Just looked and my wife is 105% and I'm 115%. I think I bought points this year. I could gift and the bonus is still 115%. But then the cost to go anywhere is 250,000 points so I would be better to buy a ticket. ;-(

  8. Tony Guest

    I received the 110% bonus offer (for 90k+ miles). At that rate, the cost to purchase Aeroplan miles is about the same as the cost of the miles transferred from Chase Ultimate Rewards (with its current 30% transfer bonus). I'm debating whether I should purchase the miles and save the Chase UR points for other purposes.

  9. Steve Guest

    I’m a big fan and frequent user of Aeroplan. Recent awards include a one way CAI to IAD on EGYPTAIR, and a one way from IAD to HAN on ANA. Both Business class of course for great numbers of points.

  10. Marcus Guest

    Never been able to find a reasonable award with aeroplan. Have got awards on AA, UA, BA, SQ, Emirates, Qatar, JAL, ANA and KAL. Perhaps it’s my departure airport (SFO).

    1. Robert Schrader Guest

      Anecdotally, I've found that the best Aeroplan awards are available within 2-3 weeks of departure. It's not a good program for bookings made far in advance.

    2. Azamaraal Diamond

      In the past Eva out of SFO had good availability, but not out of YVR.

  11. Tony Guest

    We’ll, I live in medellin colombia and fly AVIANCA cross Atlantic several times a year. Business class quality has taken a dive. And when I need to book a mileage ticket NOTHINGbis ever available, and if so with 3 stops jajajaj. IBERIA had them and Turkish beat hands down.

  12. farnorthtrader Guest

    Just a note, we received the 105% bonus email on my wife's account. Minimum to get the 105% was 80,000, so that is what we bought. I went back in on the same account and now the offer is 110% with a minimum of 90,000, so it is possible that the offer may change on the same account either after a purchase or randomly.

  13. SJ Guest

    Should be 1.22c/point for you Ben. It is 1.28c/point for those with 105% bonus.

  14. Lukas Gold

    110% for me after buying 90,000+.

  15. jRiest New Member

    I’m seeing a max bonus of 105% on my account:

    Buy 4,000 - 29,000 points, receive a 60% bonus
    Buy 30,000 - 70,000, receive a 80% bonus
    Buy 80,000+ points, receive a 105% bonus

    1. MoJoe Diamond

      That's the same offer as mine.

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

SJ Guest

Should be 1.22c/point for you Ben. It is 1.28c/point for those with 105% bonus.

1
David G Guest

How long did it take? Same prob

0
iamhere Guest

A form of devaluation.

0
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