Video: Should You Ever Buy Points?

This week, Aeroplan has launched its latest round of Buy Points promotions with an 80% bonus. We often see similar promotions from other loyalty programs, all of which are waving big bonuses in your face to buy points straight from the program.

How often do these bonuses actually represent a good deal? Should you buy points to boost your balance in exchange for an upfront sum of cash?

In this video, we’ll take you through the logic of Buy Points promotions and why they might make sense on paper, but not always in practice. We’ll also talk about a few situations where it absolutely does make sense to buy points, if you’re on the verge of an upcoming high-value award redemption.

Without further ado, you can watch the video below:

 

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