Buy Aeroplan Points with an 85% Bonus

Aeroplan first launched their Buy & Gift Points feature in May 2020, and they’ve quickly developed a reputation for creative promotions.

So far, we’ve seen them offer an opportunity to earn Status Qualifying Dollars (SQD) on purchased points, a gifting bonus, and some very high bonuses of 100% or more.

For this round, you’ll earn a solid bonus once you’ve purchased a minimum number of points. From now until September 3, 2022 at 11:59pm Pacific Time, you can earn an 85% bonus when you buy or gift at least 30,000 Aeroplan points.

Buy Aeroplan Points with a 100% Bonus

Normally, Aeroplan sells points with a base price of 3.5 cents per point.

With this promotion, you’ll earn an 85% bonus when you purchase at least 30,000 Aeroplan points.

With an 85% bonus, you can buy Aeroplan points at a price of 1.89 cents per point. That’s lower than our current target redemption valuation of 2.1 cents per point, making it a good rate at which you can buy Aeroplan points if you have a concrete future use in mind.

As usual, buying or gifting points doesn’t contribute to your Aeroplan Elite Status. We’ve previously seen a promotion for buying points which also counted towards Status Qualifying Dollars (SQD), but that’s not the case this time around.

How many Aeroplan points can you buy?

Since the launch of the Buy & Gift Points feature, Aeroplan has been allowing each member to buy up to 1,000,000 points per calendar year. That’s an enormously generous limit, much higher than other loyalty programs offer for buying points.

(Note that gifting points refers to buying points for another Aeroplan member, not transferring your existing points. You can gift up to 500,000 points per year.)

Usually, Aeroplan imposes a limit of 250,000 base points per transaction, although for this promotion the limit is increased to 500,000. Bonus points don’t count towards your yearly limits for buying and gifting points.

With this promotion, the most you could buy in a single transaction is 500,000 base points + 425,000 (85%) bonus points = 925,000 points. This would cost you a total of $17,500 (CAD), which you could then do again if you haven’t already met the maximum number of purchased points this year.

Surely, this is a steep price to pay, but not unreasonable if you frequently fly long-haul routes in business or First Class, given that those points would easily score you a number of round-trip…