Buy Air Canada Aeroplan Points With Up to an 80% Bonus [Until October 2]

Throughout the year, there are numerous promotions — across many different travel providers — allowing 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 terrific promotion when buying Aeroplan points: get up to an 80% bonus through October 2, 2023. 

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 October 2, 2023, Aeroplan has the following offer when buying Aeroplan points:

• Purchase 15,000+ points and get an 80% bonus (1.43 cents per point)

We value Air Canada Aeroplan points at 1.5 cents apiece, so this offer is a great opportunity to buy points right at that valuation, but you’ll want to make sure you have a redemption lined up that will offer you more value than that.

Keep in mind that there’s also a limit of 1 million purchased points per year and a per transaction limit of 500,000 points.

Why You May Want To Purchase Aeroplan Points

In our view, the 2 primary use cases for purchasing points and miles are the following scenarios:

• 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 210,000 Aeroplan points would set you back just over $3,000 — certainly not a small sum of cash.

However, with those 210,000 points, you could fly round-trip in Lufthansa first class between the U.S. and Europe. These tickets usually cost about $7,000, so you would save over 50% by purchasing points compared to the standard cash fare!

Final Thoughts

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