Receive a mystery bonus when buying Aeroplan points

Air Canada is out with their next buy or gift points offer and this time it is a mystery bonus. So far we have seen them offering up to 75% bonus points and another offer of up to 85% (Thanks to Chris C. for letting us know).  This is a tiered bonus that increases with the more points you buy and it runs until October 10, 2024

Personally, I received an offer for up to a 75% bonus that is broken down as follows:

  • Buy 4,000 – 10,000 points receive a 40% bonus
  • Buy 15,000 – 20,000 points receive a 50% bonus
  • Buy 25,000 – 500,000 points receive a 75% bonus

When you buy points at the 75% bonus level your cost on each point is 2 cents (C$) each before taxes. With GST/HST you are looking at approximately 2.1 to 2.3 cents per point. Even with the bonus this a relatively high per point price to pay for Aeroplan considering other buy points promotions from Aeroplan in the past have the per point price well below 2 cents. I would only recommend buying points with this offer if you find a redemption with a high CPP value of 2.5 cents or more.

If you get a higher bonus, like the 85%, then you are even better off and your price will drop to below 2 cents per point before taxes.

In our more recent Aeroplan Availability Alerts both of them provided value above 2.5 cents per point so it can make sense to buy the points:

Outside of redemptions like these I would not buy points speculatively as there should be other promotions in the future where you will be able to buy the points for less.

Click here to learn more and/or to buy Aeroplan points.

 

Originally posted on July 8, 2024 @ 9:04 am

Patrick Sojka

Patrick is one of Canada's foremost leading experts on loyalty programs and credit cards. Having founded Rewards Canada in 2001 he brings nearly 24 years of experience to the forefront of helping Canadians make the most of their rewards. He has also provided consulting to credit card companies, airlines, hotels and is regularly featured in the media for his expertise on loyalty programs and credit cards.