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Buy Aeroplan miles with 80% bonus
If you’re unfamiliar with buying points or even Aeroplan – let me just quickly run through it. Often times, airlines and hotels will straight up sell their points with a bonus or a discount. If you have a flight or hotel stay you’re planning, and you’re either short or completely without points, you can buy the points you need to shore up your account. Heck, you could even buy the points for the flight or hotel night cheaper than you could with cash. Only buy points when you know you have a reason to use them and it makes financial sense.
Aeroplan is selling their miles for roughly $0.0142 USD… assuming an exchange rate of 1 CAD = $0.073 USD. Interestingly enough, they ran a sale last fall with an 85% bonus, but since the dollar is stronger now than it was then, you’re actually buying them a bit cheaper with an 80% bonus vs 85% bonus in USD.
If you’re unfamiliar, Aeroplan is Air Canada’s award program and it’s pretty fantastic. 1.42 cents per point is a very good deal, if you have a reason to use them.
Why am I stressing you have a reason to use them?
Airlines and hotels devalue their programs all the time. Aeroplan recently updated their program, and historically they’ve been quite customer friendly with notifying us with changes… But, you never know.
Aeroplan is also a transfer partner of American Express, Capital One, Chase, and Bilt. For the record you can also convert Marriott Bonvoy points into Aeroplan. Aside from Marriott..I value all of those points more than 1.42 cents…so it could be worthwhile purchasing the points vs transferring. Additionally, I don’t have affiliate links for buying Aeroplan miles – this is just a great deal.
Buy Aeroplan miles for 1.42 cents until 03/29/2023
This is a limited time offer and ends March 29, 2023
You must buy at least 60k in order to get 80%
As you can see above…there are minimums for each bonus tier. If you maxed the offer out, you’d be sitting on 900k Aeroplan miles for $12,750 USD
Is this the best price we’ve ever seen?
- 2022 – 1.4c at 80% bonus
- 2021 – 1.2c = 700k for 10,500 CAD
- 2022 ( Spring ) 100% bonus was offered
Where I would use Aeroplan Miles
You can fly from the US to Europe for 70k miles. If you want to bake in a stopover…5k miles will do the trick. So, you could fly Swiss biz to Athens from LA, stop in Zurich for a few days, and then pop down for a total of 75k miles. That’s a really good deal.
US to South Africa for 85k each way.
US to Australia in Etihad first class for 140k
While 140k seems like a lot of points you could fly like this from the US to Abu Dhabi to Australia for under $2000 just buying the points. That’s insane.
If you’re interested…you can buy here
The Chase Sapphire Preferred is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based.
Welcome Offer
60k Points after $4k spend in 3 months
80k offer in branch currently – I think this should be online soon
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
Super solid welcome offer.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash , Ink Business Unlimited you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
- 3x on dining
- including eligible delivery services for takeout
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
- $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred® continues to redeem at 1.25c in the Chase Travel Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
- Points are transferrable to 13 Ultimate Rewards partners
- Redeem in the Chase Travel center for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Primary rental car coverage is my favorite
There is currently an 80k offer after $4k spend in 3 months available in branch, and up to 90k after $6k spend in 6 months. I suspect some version of this will be online soon if you don’t want the hassle of going into a branch.
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 60k is a very, very good offer. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back. .
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
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