Aeroplan points don’t have a fixed value.
Instead, their worth fluctuates based on the reward you redeem them for.
The average value of Aeroplan points ranges from 0.70 cents to 2 cents per point.
To determine how much your Aeroplan points are worth, divide the price of your desired reward by the number of points required to purchase it.
The resulting figure is the value of one Aeroplan point.
For example, if a specific reward requires 10,000 points and costs $185, each point has a value of 1.85 cents ($185/10,000).
Highest Value for Aeroplan Points
The best way to get maximum value from Aeroplan points is to redeem them for a flight through Air Canada or one of its many partner airlines.
This isn’t surprising, as Aeroplan is a loyalty program geared toward travel.
So, how much is an Aeroplan point worth if you redeem it for airfare?
That depends on several factors, including your seat class, destination, departure city, airline, and time of year you’re travelling.
In general, Aeroplan points are worth between 1.5 cents and 2.8 cents per point when used for flights.
The lower end of this range is typical for economy seats, while the upper end is typical for business-class seats.
Therefore, if you’re looking for the most profitable return on your points, opting for a business-class ticket usually provides the best value.
However, remember that premium seats require a higher number of points for redemption.
Check out Aeroplan’s Flight Reward Chart to see how many points you must collect for your desired flight.
Furthermore, Aeroplan points are generally worth more if you choose destinations in Canada (on average, 2 cents per point).
Flights to the U.S. and Asia offer less value in comparison, followed by European destinations, which provide the lowest return overall.
Lowest Value for Aeroplan Points
Gift cards from various retailers offer the lowest redemption value for Aeroplan points.
The redemption rate can be as low as 0.70 cents per point.
Conversion rates for hotel accommodation, merchandise, Air Canada Vacations, and car rentals are higher.
However, they’re still subpar compared to the value you receive when you apply your points toward flights, averaging less than one cent per point.
For this reason, you’re almost always better off saving your Aeroplan points for lucrative airfare deals.
Air Canada gift cards are a good alternative; the redemption rate is one cent per point.
