Aeroplan has predominant income connected buying points with its Buy & Gift Points feature.
From present until May 22, 2023 astatine 11:59pm Pacific, you tin get up to a 110% bonus erstwhile you bargain Aeroplan points.
This is amongst the champion offers we’ve seen to day for buying Aeroplan points, and could beryllium worthy taking vantage of in definite situations.
Buy Aeroplan Points with a 110% Bonus
Normally, Aeroplan sells points with a base terms of 3.5 cents per constituent (CAD).
For this round, the bonus you’ll get depends connected however galore points you buy:
- Buy 5,000–34,000 points and get a 60% bonus
- Buy 35,000–70,000 points and get a 75% bonus
- Buy 80,000 oregon much points and get a 110% bonus
With the 110% bonus, the effectual cent-per-point (cpp) acquisition outgo comes to 1.67 cents (CAD). The 60% bonus works retired to 2.19 cents per point, and the 75% bonus prices retired astatine 2 cents per point.
At 1.67 cpp, buying Aeroplan points with a 110% bonus is simply a just borderline little than our current people redemption valuation of 2.1 cents (CAD).
If you person a circumstantial usage for an Aeroplan redemption wherever you’d beryllium definite to get much than the outgo of buying points, the 110% bonus tin correspond a large deal.
This is 1 of the champion prices we’ve seen to day for buying Aeroplan points, coming successful down a promotion for 115% bonus points successful November 2022.
As usual, buying oregon gifting points doesn’t lend to your Aeroplan Elite Status. We’ve antecedently seen a promotion for buying points which besides counted towards Status Qualifying Dollars (SQD), but that’s not the lawsuit this clip around.
How galore Aeroplan points tin you buy?
Since the motorboat of the Buy & Gift Points feature, Aeroplan has been allowing each subordinate to bargain up to 1,000,000 points per calendar year. That’s an enormously generous limit, overmuch higher than different loyalty programs connection for buying points.
(Note that gifting points refers to buying points for different Aeroplan member, not transferring your existing points. You tin acquisition up to 500,000 points per year.)
Usually, Aeroplan imposes a bounds of 250,000 basal points per transaction; however, the bounds has been doubled nether this offer.
You tin acquisition up to 500,000 points successful a azygous transaction, which would springiness you an further 550,000 points arsenic a bonus.
Surely, it’s a steep terms to pay, but it’s not wholly unreasonable if you’re capable to unafraid long-haul routes successful concern oregon First Class astatine a discount from what you’d different wage successful cash.
Which recognition paper should you usage to bargain Aeroplan points?
As Aeroplan points purchases are processed by Points.com, you won’t beryllium capable to gain class accelerators connected Air Canada oregon question purchases.
When buying oregon gifting Aeroplan points with a Canadian recognition card, it volition effect successful GST/HST being added to the total, eroding immoderate of the worth of your purchase.
Therefore, the perfect mode to marque your acquisition would beryllium to usage a US recognition card, successful which lawsuit GST/HST is not levied. You could usage this accidental to marque advancement towards a minimum spending request connected a caller US recognition card; otherwise, usage a paper that offers a beardown instrumentality connected mundane spending.
If you indispensable usage a Canadian recognition card, you’ll beryllium acquiring Aeroplan points astatine a higher rate, depending connected your provincial taxation rate. With taxes included, the worth proposition weakens, and you whitethorn beryllium amended disconnected earning Aeroplan points successful different ways.
Who Should Buy Aeroplan Points?
There are immoderate situations wherever buying Aeroplan points tin beryllium beneficial.
Travel connected Long-Haul Partner Airlines
With a acquisition terms of arsenic debased arsenic 1.67 cents per point, it doesn’t needfully mean that you’re guaranteed to get the aforesaid worth for your booking.
Before buying points, it’s important to see Aeroplan’s dynamic pricing model, wherever grant summons prices connected Air Canada flights are still a spot unpredictable. Points costs emergence and fall, much intimately mirroring currency costs, truthful determination isn’t arsenic wide an vantage to buying points and making a points booking.
Instead, you tin payment by flying connected Air Canada’s spouse airlines, wherever grant tickets are astatine a fixed points terms based connected region and region. There are surely galore much sweet spots to beryllium had wherever you tin agelong the worth you get for your up-front currency costs.
In general, you shouldn’t speculatively bargain points if you thin to question connected dynamically priced routes. There’s a batch much hazard successful making a speculative points acquisition if you can’t warrant the worth you’ll get – successful that case, you should effort to gain points the dilatory way.
On the different hand, if you’re assured that you’ll often person opportunities to redeem points supra the terms you pay, you tin basal to payment from a points acquisition nether this promotion.
Families Who Share Points
With Aeroplan’s Family Sharing feature, you tin easy acquisition points connected aggregate accounts wrong a household and usage them together.
That’s particularly the lawsuit if you privation to acquisition much than the maximum of 1,000,000 Aeroplan points per relationship per year.
You tin acquisition points connected up to 8 Aeroplan accounts nether the aforesaid Family Sharing excavation (including immoderate distant uncles if you don’t person a spouse oregon kids), and redeem them retired of your ain relationship for your ain trips. Across each linked accounts, your household could acquisition up to 8,000,000 points per year.
Other Ways to Earn Aeroplan Points
Despite this being a imaginable large woody for buying Aeroplan points, determination are nary shortage of different casual and affordable ways to gain Aeroplan points. You should ever see if you tin scope the equilibrium you want, connected the timeline you’ll request it, successful different ways.
Credit Cards by TD, CIBC, and American Express
By our count, Canada has nary little than 20 recognition cards that either gain Aeroplan points directly, oregon gain points that tin beryllium transferred to Aeroplan. That’s an enormous fig of invited bonuses you tin collect, not to notation immoderate beardown ongoing gain rates connected mundane spending.
In particular, the main cards you should beryllium looking astatine are immoderate co-branded Aeroplan recognition card from TD, CIBC, oregon American Express, oregon immoderate American Express paper that earns Membership Rewards which tin beryllium transferred to Aeroplan astatine a 1:1 ratio.
Generally, signup bonuses are the astir affordable mode to “buy” points. The fastest mode is via premium cards with precocious fees and higher bonuses. Plus, you’d get each the perks of being a premium Aeroplan cardholder.
120,000 Aeroplan points
$599 yearly interest
|
120,000 Aeroplan points | $1,711 | Apply Now |
Up to 125,000 Aeroplan points
$599 yearly interest
|
Up to 125,000 Aeroplan points | $1,868 | Apply Now |
115,000 Aeroplan points
$599 yearly interest
|
115,000 Aeroplan points | $2,130 | Apply Now |
90,000 MR points | $1,646 | Apply Now | |
100,000 MR points
$499 yearly interest
|
100,000 MR points | $1,976 | Apply Now |
75,000 MR points
$199 yearly interest
|
75,000 MR points | $1,561 | Apply Now |
On the different hand, if you similar to support costs down and gain points much slowly, the TD Aeroplan Visa Infinite Card and the CIBC Aeroplan Visa Infinite Card are large choices. Both are astir ever offering a first-year yearly interest waiver, on with a decent-sized invited bonus. The champion outgo to get points is nary cost!
It’s worthy noting that immoderate Aeroplan recognition card offers administer the invited bonus connected a monthly basis, not each astatine once. Therefore, if you request the points close away, it mightiness beryllium amended to instrumentality vantage of this Buy & Gift Points promotion, adjacent astatine a higher outgo than a caller recognition card.
US Credit Cards
The Chase Aeroplan Card is 1 of the champion ways to gain grant question astatine a large price. For an yearly interest of $95 (USD), you’ll get a welcome bonus worthy up to 50,000 Aeroplan points. That’s a spectacular complaint for acquiring points, astatine astir 0.19 cents per constituent (USD).
American Express US Membership Rewards, Chase Ultimate Rewards, and Capital One miles tin besides beryllium transferred 1:1 to Aeroplan. However, each of these programs person a overmuch wider assortment of unsocial transportation partners that are different unavailable to Canadians.
With truthful galore different ways to gain Aeroplan points successful Canada, you mightiness privation to prevention your US transferable rewards for different purposes and possibly lone transportation them to Aeroplan arsenic a past edifice for a speedy top-up.
Aeroplan eStore
You whitethorn besides crook to the Aeroplan eStore for bonuses connected online purchases astatine galore fashionable retailers, ranging from exertion to sportswear companies.
High bonuses tin often beryllium recovered astir large buying days. Keep an oculus retired things similar Back to School promotions, and past dates similar Thanksgiving and Christmas/Boxing Day.
You tin entree the buying portal from your Aeroplan account. Unfortunately, determination person been galore method difficulties since the caller website launched, and points haven’t been awarded reliably.
While this is simply a bully mode to pad your balance, I wouldn’t number connected it for an urgent top-up. Even if you were to instrumentality vantage of the latest promotion, the bonus points whitethorn not get successful your relationship immediately.
Previous Promotions
As you determine whether this promotion is simply a bully accidental for you to conscionable your question goals, here’s a look backmost astatine Aeroplan’s past bonuses connected purchasing points:
Bonus | Cents per constituent (CAD) | Start Date | End Date |
Up to 110% much purchased points | 1.67 | May 18, 2023 | May 22, 2023 |
Up to 85% much purchased points | 1.89 | April 17, 2023 | April 30, 2023 |
Up to 80% much purchased points | 1.94 | March 13, 2023 | March 29, 2023 |
Up to 100% much purchased points | 1.75 | January 19, 2023 | January 25, 2023 |
Up to 30% disconnected purchased points | 2.45 | December 2, 2022 | December 30, 2022 |
Up to 115% much purchased points | 1.63 | November 14, 2022 | November 28, 2022 |
Up to 85% much purchased points | 1.89 | September 29, 2022 | October 9, 2022 |
Up to 85% much purchased points | 1.89 | August 30, 2022 | September 3, 2022 |
Up to 100% much purchased points | 1.75 | July 8, 2022 | July 20, 2022 |
Up to 85% much purchased points | 1.89 | May 9, 2022 | May 20, 2022 |
Conclusion
Aeroplan‘s promotion to get up to a 110% bonus represents a large woody successful circumstantial circumstances. However, unless you request an urgent top-up to your relationship oregon person an contiguous usage for a circumstantial high-value redemption, determination are amended and cheaper ways to get points for discounted grant travel.
With a higher basal terms connected purchased points introduced past year, we’ve besides seen higher bonuses much frequently. Therefore, these promotions tin connection a overmuch stronger accidental to bargain points erstwhile amended deals travel around.
If you’re funny successful buying points, marque definite you acquisition earlier May 22, 2023 to instrumentality vantage of this offer.
The station Buy Aeroplan Points with a 110% Bonus appeared archetypal connected Prince of Travel by Josh Greenberg.