Buy Aeroplan Points at Up to 30% Off

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 benefit from various tiers of discounts once you’ve purchased a minimum number of points. From now until December 30, 2022 at 11:59pm Pacific Time, you can earn up to a 30% discount when you buy or gift Aeroplan points.

Buy Aeroplan Points at Up to 30% Off

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

With this promotion, you’ll get a discount of up to 30% when you purchase a certain threshold of Aeroplan points.

The discount on your purchase increases as you buy a greater number of points: 

• Buy 10,000–19,000 points and save 15%
• Buy 20,000–75,000 points and save 20%
• Buy 80,000–95,000 points and save 25%
• Buy 100,000+ points and save 30%

With each of these discount levels, the effective cent-per-point (cpp) acquisition costs are as follows:

• 15% discount: 2.98 cpp
• 20% discount: 2.8 cpp
• 25% discount: 2.63 cpp
• 30% discount: 2.45 cpp

These are all higher than our current target redemption valuation of 2.1 cents per point, which means you should only buy points at these prices if you’re certain you can redeem them at a higher value.

The current offer to buy Aeroplan points isn’t as strong as we’ve seen recently, so if you’re not in a rush to top up your account, it may be worthwhile to wait until the next promotion rolls around.

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, which is exactly what we see…