The Value of an Aeroplan Point – Forbes Advisor Canada

Although you get the most bang for your buck when you redeem Aeroplan points for flights, you have many options when redeeming.

Redeem Aeroplan points for hotels

You can redeem your points for hotel rewards. Redemption costs vary greatly depending on the type of hotel you book. Cheaper hotels cost around 20,000 to 40,000 points, while higher-end stays can cost over 100,000 points. The price of the hotel you book depends on its rating, demand and availability. If you book a hotel that is an Aeroplan hotel partner, you can save up to 30% in points.

Using an Aeroplan member’s login, we “booked” the following stays to get an idea of ​​what an Aeroplan point is worth when redeemed for hotels:

Banff National Park, Alberta
Hotel: Banff Caribou Lodge & Spa
Dates: August 1 to August 3
Cost in dollars: $1,020
Cost in points: 129,150
Dollar value per point: 0.007 USD

Victoria, British Columbia
Hotel: Best Western Plus Carlton Plaza
Dates: 1 to 3 August
Cost in dollars: $775
Cost in points: 102,050
Dollar value per point: 0.007 USD

Redeem Aeroplan points for holidays

According to our research, the value of an Aeroplan point when redeeming vacation packages is approximately 1 cent. Note that this value is an estimate.

Redeem Aeroplan points for car rentals

To calculate how far your Aeroplan points will go when booking rental cars, we booked three different rental cars in three different locations – each for a week at different times of the year.

new York
Rental type: middle class
Cost in dollars: $726
Cost in points: 98,250
Dollar value per point: 0.007 USD

London
Rental type: Economy
Cost in dollars: $322
Cost in points: 43,850
Dollar value per point: 0.007 USD

Calgary
Rental type: Standard
Cost in dollars: $476
Cost in points: 64,450
Dollar value per point: 0.007 USD

Note that these rentals were booked assuming the vehicle is picked up and returned at the same location and that the driver is between 25 and 70 years old. The company used for the bookings was Budget, an Aeroplan partner.

The required points amount includes all applicable taxes and fees.

Redeem Aeroplan points for gift cards

Compared to flights and vacations, redeeming Aeroplan points for gift cards is not as efficient. Purchasing a $250 Apple gift card costs 35,000 points, which is $0.007, or 0.7 cents. This is about the same redemption rate as hotel stays at non-partner properties.

Redeem Aeroplan points for goods

As with flights, Aeroplan points for purchasing goods have different redemption values ​​depending on how they are used. Here are some items we purchased to give you an idea of ​​how many points you can expect to spend:

Sony PlayStation DualSense Wireless Controller
Points required: 13,400
Approximate Market Value: $89.00
Dollar value per point: 0.006 USD

Samsung 2024 65-inch QLED 4K TV
Points required: 245,000 (standard price without special offer)
Approximate Market Value: $1,200.00
Dollar value per point: 0.004 USD

Bose SoundLink Max portable speaker
Points required: 75,000 (standard price without special offer)
Approximate Market Value: $549.00
Dollar value per point: 0.007 USD

For these three purchases, the average value of an Aeroplan point for merchandise is approximately $0.005, or less than one cent.