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Buy Aeroplan miles with massive 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 as low as $0.0113 USD ( 125% bonus ) ( if you purchase before July 12th ) assuming an exchange rate of 1 CAD = $0.073 USD. After that date, they will drop to a100% bonus meaning I could buy them for roughly 1.269 cents a piece between July 12th and July 19th.
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 1.27 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 with a 125% bonus (1.13 cents)
The bonus structure is tiered
As you can see below…there are minimums for each bonus tier. If you maxed the offer out, you’d be sitting on 1,1250,000 if you took advantage of the 125% bonus.
- Buy 5000 get 60% bonus
- But 30k get 85% bonus
- Buy 80k get 125% bonus
Is this the best price we’ve ever seen?
125% bonus is a screaming good deal, but even the 100% is historically a great deal as well.
- July 2024 ( up to 125% bonus )
- 2023 between 1.13 cents piece and 1.269 cents a piece
- 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.
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If you’re interested…you can buy here
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
- That’s $750 when you redeem through Chase Travel℠
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 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℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. 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.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
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.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.