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Buy Aeroplan miles for just $0.0126 per point.
Air Canada is offering its Aeroplan miles with, up to a, 75% bonus through July 14th. Aeroplan has some great redemptions, but with everything going on in the world, I’d be very careful with purchasing points. With that said…this is a solid deal for miles that can have great redemptive value. You’ll also earn Air Canada Altitude Elite Qualifying Dollars towards status ( up to $5k ). This comes out to roughly $1.26 cents per point ( USD ).
The offer is tiered with a max bonus of 75% via a 250k mile purchase
If you were to max this out, you’d end up with 350k + 262.5k totaling a whopping 612,500 points for $7725. A massive investment, but if the miles retain their current redemption levels, a helluva deal.
Speaking of their current redemption levels.
Business and First Class redemptions that are amazing
- US to Europe in Business Class = 55k
- US to Europe in Fist Class = 70k
- US to Australia in Business Class = 80k
- US to Australia in First Class = 110k
- US to East/West/South Africa in First Class = 105k
- US to East/West/South Africa in Business Class for 75k
That means you could fly for just 70k in Lufthansa First Class or $882 with this deal
Or fly all the way to Australia via Abu Dhaib in one of the world’s best first class cabins – the Etihad Apartments. 110k points or just under $1400 with this offer. Unreal deals
Things to consider
Miles and points devalue all the time and with so much uncertainty I would seriously take this into consideration. Additionally, you should be aware that Aeroplan adds taxes and fees to flights. So a flight like Lufthansa First Class will more than likely have a few hundred bucks added in addition to the cost of miles in terms of fees. That doesn’t mean it still isn’t a great deal, but another factor to consider.
Let me know if you take advantage of this deal and where you plan on heading.
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
A Monkey Miles favorite for beginners and point pros alike because it earns 3-5x on select categories + Enjoy 5x on groceries up to $12k a year + $200/20k welcome bonus and no annual fee!
♥ Earn 20k Bonus Points or $200 after $500 Spend in 3 months
♥5x on travel booked with Chase Travel, 5x on rotating quarterly categories ( capped at $1500 per quarter )
♥5x on grocery stores, up to $12k ( no Target/WalMart) on your first 12 months of cardmembership
♥3x on all dining and qualifying delivery apps
♥0% interest on new purchases for 15 months