Worth of Air Canada Aeroplan Points

Updated: October 29, 2024

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The worth of your Air Canada Aeroplan points depends on several factors. For example, redeeming them for economy class tickets with Air Canada comes with a value of around 1.4 cents per point, while a business class ticket is about 2.7 to 2.8 cents per point. However, redeeming your points for hotel stays usually won't give you the most bang for your buck, and you stand to receive relatively poor value if you use points for gift cards, car rentals, or shopping.

Once you're part of the Air Canada Aeroplan program, you can earn points when you fly with Air Canada and its airline partners and spend through the program's hotel, car rental and other partner merchants. You can earn points even faster with a co-branded Air Canada Aeroplan credit card. You also earn bonus points as you move up the program's membership levels, and achieving Elite status with Air Canada Aeroplan comes with unique and valuable perks.

If you're wondering how to redeem your Air Canada Aeroplan points, consider using them for flight tickets with Air Canada and its airline partners. Spending them on flight upgrades is another worthwhile option.

KEY TAKEAWAYS
  • The average value of Air Canada Aeroplan points is 1.4 cents to 1.5 cents per point.
  • Business class redemptions tend to offer better value than economy class redemptions.
  • Redeeming points for gift cards and shopping usually offers relatively poor value compared to other methods.

Worth of Air Canada Aeroplan Points

The average value of Air Canada Aeroplan points is around 1.4 cents per point when redeemed for economy class tickets and goes up to 2.8 cents for business class tickets. The overall average value is somewhere between 1.4 cents and 1.5 cents per point. If you find an award flight where the value of your points is less than 1.4 cents per point, you may want to consider other options.

The Air Canada Aeroplan redemption chart can give you a general idea of how many points you might need for an award flight with Air Canada and the program's airline partners based on different travel zones, flight distances and cabin types.

You may also use the airline's point predictor tool to get an even better understanding of how many points you might need to fly between different destinations.

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HOW TO COMPUTE AIR CANADA AEROPLAN POINTS VALUE

Calculate the value you stand to receive by dividing the number of points you need for an award by its actual cost. For example, if you need 6,000 points for a ticket that costs $115, you get a value of around 1.92 cents per point (115/6000 = $0.01916).

Ticket Cost / Equivalent Points = Points Value

How Air Canada Aeroplan Points Compare to Other Airlines

The monetary worth that the Air Canada Aeroplan program offers through its points is as good as it gets compared to frequent flyer programs run by other prominent airlines. However, there are other factors for you to consider, such as Elite-level perks.

Air Canada vs. Other Frequent Flyer Programs
Airlines
Value per Mile

Air Canada Aeroplan

1.4 cents to 1.5 cents per point

Alaska Airlines Mileage Plan

1.3 cents to 1.6 cents per mile

Air France/KLM Flying Blue

1.2 cents to 1.5 cents per mile

American Airlines AAdvantage

1.4 cents to 1.8 cents per mile

British Airways Avios

1.3 cents to 1.4 cents per point

Delta Air Lines SkyMiles

1.1 cents to 1.2 cents per mile

Emirates Skywards

1.2 cents per mile

Frontier Miles

1.1 cents to 1.2 cents per mile

Hawaiian Airlines HawaiianMiles

0.9 cents to 1 cent per mile

JetBlue TrueBlue

1.3 cents to 1.4 cents per mile

Singapore Airlines KrisFlyer

1.3 cents to 1.5 cents per mile

Southwest Airlines Rapid Rewards

1.4 cents per mile

United Airlines MileagePlus

1.2 cents to 1.3 cents per mile

Virgin Atlantic Flying Club

1.4 cents to 1.7 cents per mile

How to Earn and Maximize Points From Air Canada

You can earn Aeroplan points when you fly with Air Canada and the program's partner airlines, use co-branded Air Canada Aeroplan credit cards or spend with the program's partner merchants.

Earning Points Using Air Canada Co-Branded Credit Cards

Chase offers a co-branded Aeroplan credit card for residents of the U.S. This card offers 3X points per dollar on Air Canada purchases as well as on a few other bonus categories. It also comes with a generous welcome bonus after meeting a spending requirement within the allotted timeframe.

Alternatively, consider getting a credit card linked to a rewards program that lets you transfer your points/miles to your Aeroplan account. These include American Express Membership Rewards, Chase Ultimate Rewards, Capital One Miles and Bilt Rewards.

If you're a Canadian resident, you may choose from four different TD Bank-issued Aeroplan credit cards. These include three for individuals and one for businesses. CIBC and American Express also have Aeroplan credit cards for Canadians.

Sign Up for Air Canada Aeroplan

Joining the Air Canada Aeroplan program is easy, and you may enroll online. You start by providing your email address and creating a password, after which you will need to provide your name, date of birth and contact information.

Luckily, there are no fees to join this rewards program, but you also don't receive any bonus points upon enrollment. This program comes with five Elite statuses. You stand to enjoy various Air Canada Aeroplan Elite benefits as you move up the ladder, including the ability to earn bonus points.

Buying Airline Tickets From Air Canada and Affiliates

You earn Aeroplan points when you use the Air Canada website or app to make flight reservations. The number of points you earn depends on the distance your flight travels and the travel class. For example, Standard fares within Canada earn 25% points on the distance traveled, whereas Standard fares between Canada and the United States and Canada and other international destinations earn 50% points.

You may use the Air Canada points chart to get an indication of how many points and Status Qualifying Miles (SQM) you can earn based on different fare classes.

Earning Aeroplan points works similarly through the program's over 50 partner airlines and Air Canada codeshare airlines, where the number of points you earn depends on the distance your flight travels and the fare class.

Earn Points With Air Canada Partner Merchants

You can earn points from Air Canada Aeroplan partners by staying at certain hotels, shopping, using specific car rental companies and utilizing other transfer partners. We explore these options in detail below.

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    Hotels and Lodging

    You have plenty of prospects for hotel chains that offer loyalty programs where guests can earn Aeroplan points. Best Western and Choice Hotels provide 250 Aeroplan points for every qualifying stay. Similarly, Coast Hotels allows guests to earn between 250 to 500 Aeroplan points, while at Langham Hotels and Resorts and Chelsea Hotel, the potential earning ranges from 500 to 1,500 points per qualifying stay. Meanwhile, IHG Rewards Club and Marriott Bonvoy members earn 2 Aeroplan points for every dollar spent, with the latter also offering an attractive option: transferring 60,000 Marriott Bonvoy points to Aeroplan points garners an additional bonus of 5,000 Aeroplan points. Rocketmiles provides up to 10,000 Aeroplan points per night for bookings made through their platform. Shangri-La's Golden Circle rewards guests with 500 points per qualifying stay, Wyndham Rewards participants receive 2 Aeroplan points per dollar spent on their visits, and Hilton Honors offers 1,000 Aeroplan points for 10,000 Hilton Honors points. You can also earn points when you spend at any of Air Canada's partner hotels.

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    Car Rentals

    The Aeroplan program collaborates with car rental giants such as Avis, Budget and Payless. Members have the opportunity to accumulate points either per rental day or according to the total expenditure on the base time and mileage. Rewards are even better if you hold Aeroplan Elite Status since your earning potential is further enhanced.

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    Shopping and Dining

    You can also earn points from big brands like Starbucks, American Eagle, Anthropologie, Banana Republic, Coach, Lacoste, Lululemon and more.

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    Vacations

    Book flight-inclusive packages with Air Canada Vacations and earn Aeroplan points on Air Canada flights. Many of these points also count as Status Qualifying Miles, helping you attain Aeroplan Elite Status faster.

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    Other Transfer Partners

    In addition to Air Canada's direct airline partnerships, the Aeroplan program has an expansive network of transfer partners, allowing you to convert your accumulated rewards into Aeroplan points. For instance, with American Express Membership Rewards and Chase Ultimate Rewards, you can exchange 1,000 of their points for an equal 1,000 Aeroplan points. Meanwhile, Barclays Arrival Premier offers a conversion of 8,500 Arrival Premier miles to 5,000 Aeroplan points. Capital One keeps it simple with a direct 1:1 conversion of their miles to Aeroplan points. Beyond these institutions, Aeroplan collaborates with over 250 retail partners, offering numerous avenues to accrue even more points.

Buying Points From Air Canada

Buying points from Air Canada is possible. You typically pay around 3.5 Canadian cents, which, as of this writing, equates to about 2.6 U.S. cents per Aeroplan point. That is more than the average value you stand to receive when you redeem your points, so you'll want to do the math before moving forward.

Air Canada runs promotional offers through which it offers bonuses when you purchase points. Over time, these bonuses have ranged from 30% to a staggering 115%. These bonuses can help you get considerably better value.

For example, if you buy points and get a 100% bonus, you'll pay around 1.3 U.S. cents per point. If you need extra points to redeem an award flight that offers a value of over 2 cents per point, buying them with even a 30% bonus might work well for you.

How to Redeem Air Canada Aeroplan Points

If you're wondering how to use Air Canada Aeroplan points, start by logging in to your Aeroplan account. Then, you can choose from the various redemption methods on offer.

Using the Air Canada flight search tool will give you an idea of how many points you might need across different routes and fare types. It also includes partner airlines in your searches, allowing you to select the best option.

Consider this: as of this writing, if you plan to fly from Toronto, Canada, to Melbourne, Australia, in April, a business class flight with Air Canada and Virgin Australia would require around 470,000 Aeroplan points. However, you could get a first-class ticket on the same route and date with Air India for as little as 150,000 Aeroplan points.

When you use your points for economy class tickets, aim for a value of 1.7 cents or more per point. For business class tickets, you should get at least 2 cents per point to maximize your value.

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    Hotel Accommodations

    You may use your Aeroplan points to book hotel stays through the program's online portal, where you can choose from more than 300,000 properties worldwide. Using 50% points and 50% cash is an option. When you redeem your points for hotel stays, expect to get a value of around 0.8 cents to 1.1 cents per point. Using your points to book vacations through Air Canada Vacations is another alternative.

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    Car Rentals

    Using your Aeroplan points to book car rentals with Avis and Budget is possible. In this case, you may get an average value of around 0.6 cents to 0.7 cents per point.

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    Flight Upgrades

    If you buy an eligible Economy or Premium Economy Class ticket on an Air Canada, Air Canada Rouge or another flight under the Air Canada Express banner, you may use your points to bid for an upgrade through the AC Bid Upgrade program. The value you receive may vary greatly depending on the bid amount and the actual cost of the upgrade.

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    Other Redemption Options

    Redeeming Aeroplan points for gift cards is possible, in which case you can expect a value of around 0.6 cents to 0.7 cents per point. The value drops to about 0.4 cents to 0.65 cents per point when you use your points to make purchases through the Aeroplan eStore. Donating your points to charity is another option — but don't expect to get great value for your generosity.

Best Time to Redeem Air Canada Aeroplan Points

If you look at the Air Canada flight rewards chart, you'll notice that it provides a range of points you may need for redemption on Air Canada flights. This range is due to your fare depending on when you choose to fly and, therefore, the points you need for redemption.

For example, flying from New York to Toronto on a Saturday in April would require around 8,000 points for an economy-class ticket and about 30,000 points for a business-class ticket. If you move the same flight to the following Tuesday, you'll need around 6,000 points for an economy class ticket and about 14,600 points for a business class ticket.

When it comes to business class tickets, you stand to get the best value if you book 15 days before the intended travel date. This might also be the case with some economy-class tickets.

A few other factors play a role in how much value you receive for your Aeroplan points. For example, economy class tickets on short-haul flights that travel less than 500 miles require just 6,000 points and tend to provide good value. For example, this would apply when you fly from New York to Toronto.

Further, you need around 10,000 points for economy class tickets on flights within North America that cover 501 miles to 1,500 miles. If you wish to fly business class, you'll need around 20,000 points. The next bracket that covers flights of over 2,750 miles can get you from the West Coast to Hawaii for about 12,500 points in economy class. The Aeroplan program also works well with long-haul business class reward flights with some of its partner airlines, such as Lufthansa, ANA and Air India.

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EXPERT TIP

The Air Canada rewards program offers tremendous value when booking international flights with its partner airlines. In some cases, award flights require fewer points/miles and have lower taxes and fees than booking directly with the airline you're flying on. Lee Huffman, contributing expert for MoneyGeek

How to Get Air Canada Elite Status

The Air Canada Aeroplan program comes with five Elite statuses that you may achieve by earning Status Qualifying Miles (SQMs), flying Status Qualifying Segments (SQSs), and earning Status Qualifying Dollars (SQDs). You earn SQMs based on the distance you fly, every flight segment and all eligible spending on flight tickets. To reach each Elite status tier, you must meet the following thresholds within a calendar year:

  • 25K: 25,000 SQMs or 25 SQSs plus 3,000 SQDs
  • 35K: 35,000 SQMs or 35 SQSs plus 4,000 SQDs
  • 50K: 50,000 SQMs or 50 SQSs plus 6,000 SQDs
  • 75K: 75,000 SQMs or 75 SQSs plus 9,000 SQDs
  • Super Elite: 100,000 SQMs or 100 SQSs plus 20,000 SQDs

We explore the valuable perks of these Elite tiers below.

  1. 1
    25K

    Benefits of the 25K tier include 25% bonus points, bonus points on car rentals and hotel stays, priority seat selection, priority check-in, two bags checked for free, complimentary sports equipment handling and priority boarding. The perks don't stop there, though; you'll also receive two one-time Maple Leaf lounge guest passes, eUpgrade credits, priority rewards, SQMs for eligible Flight Pass activities and complimentary Avis Preferred Plus status.

  2. 2
    35K

    In addition to 25K benefits, 35K members get 35% bonus points, priority baggage handling, priority security clearance, three bags checked for free and complimentary access to select Maple Leaf lounges.

  3. 3
    50K

    The additional perks that come with this tier include 50% bonus points, complimentary preferred seats, complimentary access to all Maple Leaf lounges, complimentary access to Star Alliance Gold lounges and Non-Star Alliance lounges, access to Air Canada Café, threshold rewards, lower requalification level and additional status passes.

  4. 4
    75K

    When you get to this level, you may benefit through additional perks such as 75% bonus points, guaranteed reservations in economy class, complimentary Avis President’s Club status and a 12-month Aeroplan Elite Wi-Fi plan.

  5. 5
    Super Elite

    When you get to the top-most tier, you may benefit through 100% bonus points, access to the Air Canada concierge service, access to London Heathrow Arrivals lounge, the most number of eUpgrade credits, the most number of SQMs for eligible Flight Pass activities, complimentary changes/cancellations with Aeroplan reward flights and complimentary in-flight refreshment.

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HOW WE DETERMINED THE VALUE OF AIR CANADA AEROPLAN POINTS

MoneyGeek experts have taken a close look at how the value of Air Canada Aeroplan points changes based on different redemption methods. They also conducted in-depth market research to determine the worth of your points.

FAQ About the Worth of Air Canada Aeroplan Points

Take a look at our answers to commonly asked questions about the Air Canada membership program to determine how best to use your Aeroplan points.

Can I use my Air Canada points for someone else?
Can I use my Air Canada points to buy something else?
Can I convert my Air Canada Aeroplan points to cash?
Are there any additional fees for booking flights with points?
When do my Air Canada Aeroplan points expire?
Can I transfer my Air Canada Aeroplan points?

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


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