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Check your accounts: Targeted members can get up to a 100% bonus when buying Aeroplan points

Jan. 07, 2025
6 min read
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Update: Some offers mentioned below are no longer available. View the current offers here.

Book your dream vacation at a steep discount with Air Canada Aeroplan's latest promotion. The airline is offering up to an impressive 100% bonus for select members when they purchase Aeroplan points through Jan. 14.

Aeroplan usually sells points for about 2.58 cents each. Some members will see the advertised 85% bonus when purchasing Aeroplan points. However, several TPG staffers have been offered an increased 100% bonus after logging into their accounts. With a 100% bonus, the price per point drops to around 1.22 cents each, substantially below TPG's December 2024 valuation of Aeroplan points (1.5 cents per point). Therefore, this sale can save you money if you have a specific redemption in mind.

Keep reading for more details on this limited-time Aeroplan points sale and how to maximize this promo to book your next flight.

Related: How to redeem Aeroplan points for maximum value

Air Canada Aeroplan is offering members up to a 100% bonus when you buy points

Aeroplan members can buy or gift up to 500,000 Aeroplan points per transaction. Remember that there's an annual purchase limit of 1 million points plus a 500,000-point annual limit on gifting points. Members who see the elevated 100% bonus offer in their accounts must purchase at least 80,000 points to get the 100% bonus, which will cost 2,800 Canadian dollars (about $1,954) for 160,000 points, including the bonus.

TPG typically doesn't recommend buying points unless you want to top off your account or have a specific redemption in mind. This is because the cost is usually greater than our valuation — but with this sale, you can buy points for less than our valuation. Therefore, this sale can save you money, especially on high-cost business-class award tickets.

It can be a great way to score discounted Star Alliance flights, including round-trip business-class awards from the U.S. to Europe for as low as $1,464 before taxes and fees.

You need just 60,000 Aeroplan points each way to fly in business class from the East Coast to most of Western Europe. For example, you could fly Singapore Airlines' daily fifth-freedom route between New York's John F. Kennedy International Airport (JFK) and Frankfurt Airport (FRA).

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AEROPLAN

You will still need to pay the airport fees and government taxes on top of your redemption. In the Singapore Airlines example above, those fees and taxes will set you back CA$327.50 (about $228), though some European airlines like Swiss will have even lower fees and taxes.

If you were to purchase a round-trip business-class ticket for the same flights, it would cost you almost $4,000. Therefore, you can save yourself more than $2,000 by purchasing points with this bonus.

If you only receive the 85% bonus, you can still purchase points as low as 1.32 cents each when purchasing at least 40,000 points before the bonus is applied, which is still a solid deal and lower than our valuation of 1.5 cents each.

Make sure you log into your account to double-check that the offer doesn't suddenly become 100%, as several lucky TPG staffers witnessed.

AEROPLAN

While Canadian residents are subject to paying sales tax on points purchases, U.S.-based Aeroplan members are not.

Air Canada allows members to add stopovers to one-way tickets for 5,000 miles and doesn't add fuel surcharges to its award tickets.

Related: How to earn Aeroplan points

Aeroplan credit card's welcome offer

If you're looking at other ways to top up your Aeroplan account, the Aeroplan® Credit Card (see rates and fees) from Chase is a valuable cobranded airline credit card that offers cardholders ongoing value for a low annual fee.

Right now, you can earn 60,000 bonus points after spending $3,000 on purchases in the first three months of account opening. Plus, 10,000 bonus points after your annual fee renewal payment posts and is paid in full.

Per TPG's December 2024 valuations, Aeroplan points are worth 1.5 cents apiece, making the total 70,000 Aeroplan points earned worth $1,050.

Buy Aeroplan points with these credit cards

If you buy Aeroplan points with this promotion, your purchase will be processed by Points.com rather than Air Canada. Unfortunately, you won't earn bonus rewards for using a card with airline spending as a bonus category.

To earn the most points for your purchase, pay with a credit card that offers a solid return on nonbonus spending. Additionally, pay with a card that doesn't add foreign transaction fees since Aeroplan points purchases are charged in Canadian dollars.

Here are some of our favorites:

CardOther purchases earning rateValue of a point or mile*Total earned per dollar spentAnnual fee
Capital One Venture Rewards Credit Card2 miles per dollar1.85 cents3.7 cents$95 (see rates and fees)
Capital One Venture X Rewards Credit Card2 miles per dollar1.85 cents3.7 cents$395 (see rates and fees)
Bank of America® Premium Rewards® credit card1.5 points per dollar (up to 2.625 points with the Preferred Rewards® banking program)1 cent1.5 cents (up to 2.625 cents)$95

*Based on TPG's December 2024 valuations and not provided by issuers.

Bottom line

If you want to book flights to Europe, now could be the time to stock up on Aeroplan points. With the current promotion of up to 100% for select members, you can use these extra points to cover discounted economy, premium economy and business-class flights. However, you must purchase the points before Jan. 14 to take advantage of this bonus. Also, note that some members only see an 85% bonus even after logging in.

This is a great deal to save money on your next flight or even top off your Aeroplan account to upgrade and purchase a business-class seat instead of an economy ticket once the extra points hit your account.

Featured image by JIM HUGHES PHOTOGRAPHY/NORWEGIAN CRUISE LINE
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.