Air Canada is back with another promotion for buying Aeroplan points. This time instead of extra points they are offering a discount of up to 50% on the purchase price. This offer is only available until June 17.
The up to 50% Discount:
Receive up to a 50% discount when you buy or gift Aeroplan points. Valid until Jun 17, 23. Click here to buy points.
The discount is broken down as follows
Buy 4,000–29,000 points, get a 30% discount
Buy 30,000–55,000 points, get a 40% discount
Buy 60,000+ points, get a 50% discount
If you buy at the 50% discount level (60,000+ points) you are purchasing points at 1.75 cents each (+GST/HST). This isn’t a bad price considering a lot of our readers easily receive a value of 2 cents or more on their Aeroplan reward flight redemptions. It is slightly higher than the 1.67 cents we saw last month with the 110% bonus.
Ideally you only want to buy points with a discount if you know you’ll need them right away to top off for an award. For example, you may have 120,000 points in your account and a flight you are looking at booking in the next couple of days requires 180,000 points. It this situation it could make sense to buy 60,000 points with the discount. You’ll still need to do the math if the $1,050+GST/HST you spend provides better value than just buying a flight outright with cash.
If you don’t need points right away it is best to wait. Not only because you shouldn’t buy speculatively but we do see per point pricing offers that are lower and also because there is an annual limit to buying points. Granted, Aeroplan has a very high annual limit of 1 million points that you can purchase annually. That being said when they do run a bonus instead of a discount the bonus portion does not count towards that annual limit. So if you are someone who needs a lot of points (perhaps buying for a trip for your entire family) it is better to wait for a bonus points promotion rather than the discount. For example, when there was the 110% bonus last month you could buy 1 million points and receive 1.1 million points as your bonus to end up with 2.1 million points.
Here are some more Aeroplan bonuses to check out:
- Earn up to 115,000 Aeroplan®* points with the American Express® Aeroplan®* Reserve Card*. Offer ends July 24, 2023. Click here for more details
- Earn up to 12,500 Bonus Aeroplan Points when you fly multiple flights on Air Canada between Ontario and a Canadian or U.S. destination on an Economy Standard fare or higher. Register and book by Jun 7 for travel until Dec 31, 23. Click here for more details and to register for this offer. (Registration is required)