Air Canada Aeroplan is currently selling points with up to a 100% bonus, dropping the effective cost to 1.37 cents per point. That’s below typical valuations of around 1.5 cents, which means the math can work in your favor if you have the right redemption lined up.
The promotion runs through February 16, 2026, and while 100% bonuses aren’t rare for Aeroplan, they represent the best available rate. Here’s what you need to know before pulling out your credit card.
Current Aeroplan Points Purchase Promotion
The current offer is structured as a tiered bonus, with bigger purchases earning higher bonuses:
- 2,000–4,000 points: No bonus
- 5,000–25,000 points: 50% bonus
- 30,000–70,000 points: 75% bonus
- 80,000+ points: 100% bonus
The sweet spot is clearly the 100% tier. At that level, you’re paying CA$0.0375 per point but receiving double, which works out to roughly 1.37 cents USD per point after the bonus.
Aeroplan is marketing this as a “mystery bonus,” meaning some members may see different offers when they log in. It’s worth checking your specific account to confirm what promotion you’re eligible for before making any assumptions.
For US-based buyers, there’s a small perk: purchases made with US credit cards and billing addresses aren’t subject to Canadian sales tax.
Aeroplan Buy Points Deal History
If you’re wondering whether to jump on this promotion or wait, the deal history provides useful context:
- January 26 – February 16, 2026: 100% bonus (current)
- November 20 – December 17, 2025: 100% bonus
- October 15–29, 2025: 90% bonus
- August 20 – September 24, 2025: 85% bonus
- July 14–17, 2025: 100% bonus
- May 15 – June 5, 2025: 90% bonus
- February 25 – March 13, 2025: 80% bonus
The pattern suggests 100% bonuses come around roughly every two to three months. This isn’t a once-in-a-lifetime opportunity, but it is the ceiling—you won’t see better than 100%.
If you have an immediate use for the points, there’s no reason to wait. If you’re just thinking about stockpiling speculatively, the regular recurrence of these promotions means there’s less urgency.
Purchase Limits and Transaction Details
Aeroplan caps point purchases at one million points per account per calendar year. During standard periods, you can buy up to 250,000 points in a single transaction. However, during this promotion, that limit has been doubled to 500,000 points per transaction.
If you maxed out the promotion by purchasing 500,000 points at the 100% bonus tier, you’d receive one million points total for CA$18,750, which converts to roughly $13,680 USD.
One important detail: these purchases are processed by points.com, not directly by Air Canada. That means your credit card won’t recognize this as an airfare purchase, so you won’t earn bonus points from airline-category multipliers.
Since the purchase is billed in Canadian dollars, you’ll want to use a card with no foreign transaction fees. Your best options are cards where you’re working toward a welcome bonus minimum spend requirement, cards offering elevated rewards on foreign purchases, or a solid everyday earning card with no FTF.
When Buying Aeroplan Points Makes Sense
I’d only recommend buying points in two scenarios. First, when you need to top off your balance for a specific redemption you’ve already found. Second, when purchasing points would cost less than simply paying cash for the flight.
The Math on Premium Cabin Redemptions
Here’s where buying points can genuinely save money. Round-trip Lufthansa first class between the US and Europe requires roughly 210,000 Aeroplan points.
At the current 1.37 cents per point rate, purchasing those 210,000 points would cost approximately $2,877. Cash prices for Lufthansa first class routinely exceed $8,000. That’s a savings of over 65% compared to the retail fare.
The key is having a specific itinerary in mind with confirmed award availability. You should never buy points speculatively, hoping good redemptions will materialize later. Programs change, award charts devalue, and availability fluctuates.
Why Aeroplan Points Are Worth Buying
Aeroplan stands out as one of the more valuable programs for purchased points, primarily because of its flexibility and partner breadth.
The program partners with over 45 airlines—more than any other frequent flyer program. Beyond the standard Star Alliance carriers, you can redeem for flights on Emirates, Etihad, Gulf Air, Oman Air, Virgin Australia, Azul, Air Serbia, Eurowings, and others.
Critically, Aeroplan charges no fuel surcharges on any award redemptions. This is a significant advantage over programs like British Airways Avios, where surcharges can add hundreds or thousands of dollars to premium cabin awards.
The stopover policy adds further value. You can include a stopover on one-way awards for just 5,000 additional points, effectively letting you visit two cities for slightly more than the price of one.
There are some caveats. Aeroplan has introduced dynamic award pricing on select partners including Emirates, Etihad, FlyDubai, and United. Fixed award charts still exist for many partners, but pricing isn’t as predictable as it once was across the board.
For what it’s worth, Aeroplan points expire after 18 months of account inactivity. Any earning or redemption activity—including purchasing points—resets that clock. It’s a generous policy that shouldn’t concern most active members.
Finally, keep in mind that Aeroplan is a transfer partner of American Express Membership Rewards, Bilt Rewards, Capital One, and Chase Ultimate Rewards. If you hold cards earning those currencies, you may be able to transfer points rather than buying them outright.
The Verdict
This promotion brings Aeroplan points down to one of the better rates you’ll see from the program. The math works if you have a high-value redemption lined up, particularly for premium cabins on partners like Lufthansa, Turkish, or Swiss. Don’t buy speculatively—programs change, and points sitting in an account carry inherent risk. But if you’ve found availability and need to top off your balance, buying during a bonus promotion like this one is the way to do it.
Have you found any compelling Aeroplan redemptions worth buying points for?
