Aeroplan's first buy points bonus of the year is here and it's a pretty good one. For the next week you'll be able to buy or gift points with up to a 100% bonus. This tiered offer sees bonuses ranging from 50% to 80% dependent on how many points you buy. This offer runs until February 2, 2022 and allows members to buy up to 350,000 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 60% bonus, 20,000 to 55,000 points will earn a 75% bonus, 60,000 to 90,000 you'll get a 90% bonus and 100,000+ will earn the 100%.
If you buy points at the 100% level, which kicks in at 60,000 or more bought points, your cost on each point is 1.75 cents (C$) each before taxes. If you are savvy eyed you'll notice that's higher than the 1.67 cents it cost during their last promotion to buy points with an 80% bonus. Yes, unfortunately at the beginning of December Air Canada Aeroplan increased the base per point purchase cost to 3.5 cents from 3 cents.
Since we value Aeroplan points at a minimum of 1.5 cents each you would think it wouldn't make sense to buy them and you wouldn't those minimum level redemption but over the past year or so we shown Aeroplan redemption examples of 1.72 cents (for economy class) to 4.35 cents and over 6 cents (for business class). In those business class cases or even economy class cases where you can extract 2 cents per points or more in value it would make sense to buy points as you would end up saving some cash on your trips!
Offer details:
Receive up to a 100% bonus when buy Aeroplan points online. Valid until Feb 2, 22 Buy points here. Until Feb 2, 22
Bonuses as follows:
Buy 5,000 - 19,000 points, receive a 60% bonus
Buy 20,000 - 55,000 points, receive a 75% bonus
Buy 60,000 - 95,000 points, receive a 90% bonus
Buy 100,000+ points, receive a 100% bonus