Skip to content

Use this Aeroplan points sale to buy business-class tickets to Europe for under $1,500

Aug. 31, 2022
6 min read
Air Canada business class
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Editor’s note: This is a recurring post, regularly updated with the latest promotion.


Air Canada is offering bonuses of up to 85% on Aeroplan points purchased through Sept. 3.

Purchasing enough Aeroplan points to trigger the full bonus brings the price down to roughly 1.44 cents per point, which is just below TPG’s valuation of Aeroplan points and might make this a worthwhile play for some.

The sale applies to points purchased for yourself and points gifted to another Aeroplan member.

It can also be a way to score Star Alliance flights at a discount — including round-trip business-class awards from the U.S. to Europe for $1,865 before nominal taxes and fees.

That can equate to a steep discount considering round-trip flights on Brussels Airlines (a Star Alliance partner) from John F. Kennedy International Airport (JFK) to Brussels Airport (BRU), for instance, cost just under $4,000 per person on almost all dates next spring.

GOOGLE.COM/FLIGHTS

Alternatively, you could buy 240,000 points to fly two passengers round-trip on this same itinerary.

Using this promotion, 240,000 points cost $3,465. That’s an incredible deal for two passengers round-trip across the Atlantic in business class. Or, put differently, you're effectively getting two tickets for the price of one.

Let's take a closer look at this promotion.

Sign up for our daily newsletter

For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.

Buying Aeroplan points with up to an 85% bonus

Back to the promotion: Air Canada is selling Aeroplan points with bonuses of up to 85% through Sept. 3.

You need to purchase at least 15,000 points to get the 85% bonus:

AEROPLAN.POINTS.COM

With the 85% bonus, you're purchasing points at 1.44 cents per point — below TPG’s valuation of 1.5 cents per point.

All Aeroplan members can buy points at this rate since this is not a targeted deal. Better yet, while Canadian residents are subject to a sales tax on points purchases, U.S.-based Aeroplan members are not.

Earlier this year, we saw an Aeroplan sale that gave up to a 100% bonus when purchasing at least 80,000 points. With that in mind, you may want to wait until a better sale comes around if you're stocking up on points for a future trip.

Related: The best ways to maximize Air Canada’s Aeroplan program

Using this sale to buy discounted business-class tickets

By taking advantage of this sale, you may be able to book Star Alliance partner tickets at steep discounts. Specifically, you could score an excellent deal on long-haul business-class award flights to Europe, South America, the Middle East and elsewhere.

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

For example, you can leverage Aeroplan’s stopover policy to book a one-way flight from New York’s John F. Kennedy International Airport (JFK) to Adolfo Suárez Madrid-Barajas Airport (MAD) via Lisbon Airport (LIS) in TAP Air Portugal business class for 75,000 points total.

You could spend a few days in Lisbon, Portugal, on the way to Spain and enjoy two vacations for slightly more than the points price of one ticket. If you bought enough Aeroplan points to earn the 85% bonus, the 75,000 points for this itinerary would cost roughly $1,085 before moderate taxes and fees.

TAP business class. ZACH HONIG/THE POINTS GUY

You could book a round-trip business-class ticket from Houston’s George Bush Intercontinental Airport (IAH) to Buenos Aires Ezeiza International Airport (EZE) in United Polaris business class for 120,000 Aeroplan points.

If you bought Aeroplan points with the 85% bonus, your total out-of-pocket cost for the trip is just under $1,735 before taxes and fees.

Of course, this assumes you can find saver award availability on the dates you wish to travel.

United Airlines Polaris business class on the Boeing 777-300ER. KYLE OLSEN/THE POINTS GUY

Do your own research and see if there’s an opportunity for you to use this sale to get a discount on future travels. Read our complete guide to earning and redeeming Aeroplan points for more details.

Related: How I got bored and burned 130,000 Aeroplan points for a weekend in Switzerland

Buy points with these credit cards

An Air Canada business-class amenity kit. KYLE OLSEN/THE POINTS GUY

If you take advantage of this promotion, your purchase will be processed by Points.com — not Air Canada. Unfortunately, this means 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 non-bonus spending. Additionally, make sure to pay with a card that doesn’t add foreign transaction fees since Aeroplan points purchases are charged in Canadian dollars.

Two cards that fit the bill include:

Related: The best credit cards of 2022

Bottom line

An Air Canada Airbus A330-300. KYLE OLSEN/THE POINTS GUY

Air Canada is selling Aeroplan points with a bonus of up to 85% through Sept. 3. This could be a convenient way to stake out discounted Star Alliance business-class tickets to Europe, South America and beyond.

That said, there’s always a risk in buying miles as we’ve seen rampant airline program devaluations.

Additional reporting by Benji Stawski and Kyle Olsen.

Featured image by Air Canada business class (Photo by Kyle Olsen/The Points Guy)
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.

Top offers from our partners

How we chose these cards

Our points-obsessed staff uses a plethora of credit cards on a daily basis. If anyone on our team wouldn’t recommend it to a friend or a family member, we wouldn’t recommend it on The Points Guy either. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners.
See all best card offers

TPG featured card

Best card for premium perks while traveling
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards

2 - 10X points
10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X5X miles on flights booked through Capital One Travel.
2X2 Miles per dollar on every purchase, every day

Intro offer

75,000 bonus miles
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

Annual Fee

$395

Recommended Credit

740-850
Excellent
Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023
Best card for premium perks while traveling
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards Rate

10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X5X miles on flights booked through Capital One Travel.
2X2 Miles per dollar on every purchase, every day
  • Intro Offer
    Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

    75,000 bonus miles
  • Annual Fee

    $395
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    740-850
    Excellent

Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023