Buy Aeroplan Points with a 95% Bonus

Aeroplan has frequent sales on buying points with its Buy & Gift Points feature. 

From now until May 29, 2023 at 11:59pm PDT, you can get up to a 95% bonus when you buy Aeroplan points.

While this is a step down from the 110% bonus that ran just prior to this sale, it can still be a great deal that could be worth taking advantage of in certain situations.

Buy Aeroplan Points with a 95% Bonus

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

For this round, the bonus you’ll get depends on how many points you buy:

  • Buy 5,000–34,000 points and get a 50% bonus
  • Buy 35,000–70,000 points and get a 65% bonus
  • Buy 80,000 or more points and get a 95% bonus

With the 95% bonus, the effective cent-per-point (cpp) acquisition cost comes to 1.79 cents (CAD)The 50% bonus works out to 2.33 cents per point, and the 65% bonus prices out at 2.12 cents per point.

At 1.79 cpp, buying Aeroplan points with a 95% bonus is a fair margin lower than our current target redemption valuation of 2.1 cents (CAD).

If you have a specific use for an Aeroplan redemption where you’d be sure to get more than the cost of buying points, the 95% bonus can represent a great deal. In fact, if you just missed out on the 110% bonus promotion, you still have time to top up your balance at a good rate. 

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; however, the limit has been doubled under this offer.

You can purchase up to 500,000 points in a single transaction, which would give you an additional 475,000 points as a bonus.

Surely, it’s a steep price to pay, but it’s not entirely unreasonable if you’re able to secure long-haul routes in business or First Class at a discount from what you’d otherwise pay in cash.

Which credit card should you use to buy Aeroplan points?

As Aeroplan points purchases are processed by, you won’t be able to earn category accelerators on Air Canada or travel purchases.

When buying or gifting Aeroplan points with a Canadian credit card, it will result in GST/HST being added to the total, eroding some of the value of your purchase.

Therefore, the ideal way to make your purchase would be to use a US credit card, in which case GST/HST is not levied. You could use this opportunity to make progress towards a minimum spending requirement on a new US credit card; otherwise, use a card that offers a strong return on everyday spending.

If you must use a Canadian credit card, you’ll be acquiring Aeroplan points at a higher rate, depending on your provincial tax rate. With taxes included, the value proposition weakens, and you may be better off earning Aeroplan points in other ways.

Who Should Buy Aeroplan Points?

There are some situations in which buying Aeroplan points can be beneficial.

Travel on Long-Haul Partner Airlines

With a purchase price of as low as 1.79 cents per point, it doesn’t necessarily mean that you’re guaranteed to get the same value for your booking.

Before buying points, it’s important to consider Aeroplan’s dynamic pricing model, where award ticket prices on Air Canada flights are a bit unpredictable. Points costs rise and fall, more closely mirroring cash costs, so there isn’t as clear an advantage to buying points and making a points booking.

Instead, you can benefit by flying on Air Canada’s partner airlines, where award tickets are at a fixed points price based on distance and region. There are certainly many more sweet spots to be had where you can stretch the value you get for your up-front cash costs.

In general, you shouldn’t speculatively buy points if you tend to travel on dynamically priced routes. There’s a lot more risk in making a speculative points purchase if you can’t guarantee the value you’ll get – in that case, you should try to earn points the slow way.

On the other hand, if you’re confident that you’ll often have opportunities to redeem points above the price you pay, you can stand to benefit from a points purchase under this promotion.

Families Who Share Points

With Aeroplan’s Family Sharing feature, you can easily purchase points on multiple accounts within a household and use them together.

That’s especially the case if you want to purchase more than the maximum of 1,000,000 Aeroplan points per account per year.

You can purchase points on up to eight Aeroplan accounts under the same Family Sharing pool (including any distant uncles if you don’t have a partner or kids), and redeem them out of your own account for your own trips. Across all linked accounts, your family could purchase up to 8,000,000 points per year.

Other Ways to Earn Aeroplan Points

Despite this being a possible great deal for buying Aeroplan points, there are no shortage of other easy and affordable ways to earn Aeroplan points. You should always consider if you can reach the balance you want, on the timeline you’ll need it, in other ways.

Credit Cards by TD, CIBC, and American Express

By our count, Canada has no less than 20 credit cards that either earn Aeroplan points directly, or earn points that can be transferred to Aeroplan. That’s an enormous number of welcome bonuses you can collect, not to mention some strong ongoing earn rates on everyday spending.

In particular, the main cards you should be looking at are any co-branded Aeroplan credit card from TD, CIBC, or American Express, or any American Express card that earns Membership Rewards which can be transferred to Aeroplan at a 1:1 ratio.

Generally, signup bonuses are the most affordable way to “buy” points. The fastest way is via premium cards with high fees and higher bonuses. Plus, you’d get all the perks of being a premium Aeroplan cardholder.

Largest Aeroplan Signup Bonuses
Credit Card Best Offer Value
115,000 Aeroplan points $2,130 Apply Now
100,000 MR points $1,976 Apply Now
Up to 125,000 Aeroplan points $1,868 Apply Now
120,000 Aeroplan points $1,711 Apply Now
90,000 MR points $1,646 Apply Now
75,000 MR points $1,561 Apply Now

On the other hand, if you prefer to keep costs down and earn points more slowly, the TD Aeroplan Visa Infinite Card and the CIBC Aeroplan Visa Infinite Card are great choices. Both are almost always offering a first-year annual fee waiver, along with a decent-sized welcome bonus. The best cost to acquire points is no cost!

It’s worth noting that some Aeroplan credit card offers distribute the welcome bonus on a monthly basis, not all at once. Therefore, if you need the points right away, it might be better to take advantage of this Buy & Gift Points promotion, even at a higher cost than a new credit card.

US Credit Cards

The Chase Aeroplan Card is one of the best ways to earn award travel at a great price. For an annual fee of $95 (USD), you’ll get a welcome bonus worth up to 50,000 Aeroplan points. That’s a spectacular rate for acquiring points, at roughly 0.19 cents per point (USD).

American Express US Membership Rewards, Chase Ultimate Rewards, and Capital One miles can also be transferred 1:1 to Aeroplan. However, all of these programs have a much wider variety of unique transfer partners that are otherwise unavailable to Canadians.

With so many other ways to earn Aeroplan points in Canada, you might want to save your US transferable rewards for other purposes and perhaps only transfer them to Aeroplan as a last resort for a quick top-up.

Aeroplan eStore

You may also turn to the Aeroplan eStore for bonuses on online purchases at many popular retailers, ranging from technology to sportswear companies.

High bonuses can often be found around big shopping days. Keep an eye out things like Back to School promotions, and then dates like Thanksgiving and Christmas/Boxing Day.

You can access the shopping portal from your Aeroplan account. Unfortunately, there have been many technical difficulties since the new website launched, and points haven’t been awarded reliably.

While this is a good way to pad your balance, I wouldn’t count on it for an urgent top-up. Even if you were to take advantage of the latest promotion, the bonus points may not arrive in your account immediately.

Previous Promotions

As you decide whether this promotion is a good opportunity for you to meet your travel goals, here’s a look back at Aeroplan’s past bonuses on purchasing points:


Cents per point (CAD) 

Start Date

End Date

Up to 95% more purchased points


May 22, 2023

May 29, 2023

Up to 110% more purchased points


May 18, 2023

May 22, 2023

Up to 85% more purchased points


April 17, 2023

April 30, 2023

Up to 80% more purchased points


March 13, 2023

March 29, 2023

Up to 100% more purchased points


January 19, 2023

January 25, 2023

Up to 30% off purchased points


December 2, 2022

December 30, 2022

Up to 115% more purchased points


November 14, 2022

November 28, 2022

Up to 85% more purchased points


September 29, 2022

October 9, 2022

Up to 85% more purchased points


August 30, 2022

September 3, 2022

Up to 100% more purchased points


July 8, 2022

July 20, 2022

Up to 85% more purchased points


May 9, 2022

May 20, 2022


Aeroplan‘s promotion to get up to a 95% bonus represents a good deal in specific circumstances. However, unless you need an urgent top-up to your account or have an immediate use for a specific high-value redemption, there are better and cheaper ways to acquire points for discounted award travel.

With a higher base price on purchased points introduced last year, we’ve also seen higher bonuses more frequently. Therefore, these promotions can offer a much stronger opportunity to buy points when better deals come around.

If you’re interested in buying points, make sure you purchase before May 29, 2023 to take advantage of this offer.

This is a recurring article, regularly updated with the latest promotion. Some comments may refer to past promotions that are no longer available.

  1. Sonny

    Guys…be AWARE…the aeroplan payment system is working as a scammer.
    Thet charge the money from your card but shows you a message the transaction didn’t go well
    “There was a problem with your credit card information. Please try again, or try a different card.”
    But thet took my money away!!!

  2. Duncan

    So here’s a question. There is a difference between a US credit card (based at a US bank) vs a US dollar card (based at a Canadian bank). If someone purchases points using a card from a US subsidiary of a Canadian bank, are they still exempt from HST? Meaning if I have the TD or RBC USD credit card, is that exempt from hst? You have mentioned the Chase Aeroplan cc, but it is only for folks with an address in the USA.

    1. Ricky YVR

      It’s typically based on the billing address, so in that case the billing address would still be in Canada, and so HST would be levied.

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