Aeroplan’s has come out with another buy or gift points promotion where you can earn up to an 85% bonus. This tiered offer sees bonuses ranging
from 50% to 85% dependent on how many points you buy. This offer runs
until May 20, 2022 and allows members to buy up to 500,000 points
per
transaction up to the annual limit of 1 million points. If you buy 5,000
to 19,000 points you’ll earn a 50% bonus, 20,000 to 45,000 points
will earn a 60% bonus, 50,000 to 60,000 you’ll get a 70% bonus and 70,000+ will earn the 85%.
If
you buy points at the 85% level your cost on each point is 1.89 cents
(C$) each before
taxes. Since we value Aeroplan points at a minimum of 1.5
cents each you would think it wouldn’t make sense to buy them 1.89 cents
each but over the past year or so we have shown Aeroplan redemption
examples of
4.35
cents to over 6 cents per point in value. In those cases where you
can extract 2 cents per
points or more in value it can make sense
to buy points as you would end up saving some cash on your trips!
Offer details:
Receive up to a 85% bonus when buy or gift Aeroplan points online. Valid until May 20, 22 Buy points here. Bonuses as follows:
Buy 5,000 – 19,000 points, receive a 50% bonus
Buy 20,000 – 45,000 points, receive a 60% bonus
Buy 50,000 – 60,000, receive a 70% bonus
Buy 70,000+ points, receive a 85% bonus