[Expired] Buy Air Canada Aeroplan Points With up to a 100% Bonus

Update:The offer mentioned below has expired and is no longer available.

Throughout the year, numerous promotions — across many travel providers — allow you to purchase points or miles with a bonus or discount. However, not all of them represent a good opportunity for award travelers.

We’re here to filter through the noise for you and highlight only the best deals so you can travel further and more comfortably for a lot less.

Right now, Air Canada is running a promotion for buying Aeroplan points with up to a 100% bonus through July 19, 2024. 

Let’s take a look at how buying points could be a great deal for you, depending on your travel goals.

Air Canada’s Latest Buy Aeroplan Points Promotion

Through July 19, 2024, Aeroplan has the following offer when buying Aeroplan points:

• Purchase 5,000 to 25,000 points and get a 50% bonus
• Purchase 30,000 to 70,000 points and get a 75% bonus
• Purchase 80,000+ points and get up to a 100% bonus (1.28 cents per point)

Unlike previous offers, this offer doesn’t appear to be targeted, so everyone should see the same offer. We value Air Canada Aeroplan points at 1.5 cents apiece, so buying them at 1.28 cents apiece can be a worthwhile option if you have a very high-value redemption lined up.

Additionally, the limit is 1 million purchased points per year and 500,000 points per transaction.

Why You May Want To Purchase Aeroplan Points

Here are the 2 main situations in which we think buying points and miles is valuable:

• You don’t already have a large balance of these points and miles or don’t have enough transferable points (e.g., Amex Membership Rewards or Chase Ultimate Rewards)
• Doing so will allow you to purchase a business or first class ticket for far less than the ordinary cash cost

Consider this: Purchasing 220,000 Aeroplan points would set you back around $2,816 — certainly not a small sum of cash. However, that would let you redeem 210,000 points to fly round-trip in Lufthansa first class between the U.S. and Europe.

These tickets usually cost about $7,000, so purchasing points would save you over 60% compared to the standard cash fare!

Final Thoughts

It doesn’t always make sense to purchase points or miles. Usually, using any miles you already have for your booking would make much more sense. However, if your mileage balance is looking bare and you have an immediate use for these Aeroplan points, purchasing during this promotion might make sense — and save you a lot of cash in the process.

It also can make sense if you’re going to purchase an expensive ticket with cash, as you might be able to buy the required Aeroplan points at a lower cost.