How Much Are Aeroplan Points Worth? (2026 Guide)
Aeroplan points can be worth anywhere from 1¢ to 3¢+ each depending on how you redeem. Here's what they're actually worth and how to maximize their value.
Our 2026 valuation places Aeroplan points at 1.2¢–2.5¢ each, with a midpoint of about 2.0¢. That means 70,000 Aeroplan points (a typical welcome bonus) is worth roughly $840–$1,750 depending on how you redeem them.
Aeroplan Point Values by Redemption Type
Cash equivalents (gift cards, statement credits): ~0.8–1.0¢ per point — worst value. Economy flights within Canada: ~1.2–1.5¢ per point. Transatlantic economy: ~1.5–2.0¢ per point. Business class to Europe: ~2.0–3.0¢ per point — best value. Business class to Asia/Middle East: ~2.5–4.0¢ per point if you find partner award space.
The sweet spot
Air Canada business class to Europe (e.g., Toronto–London) costs 55,000–75,000 Aeroplan points one-way. At a retail price of $3,000–$5,000, that's 4–6¢ per point — exceptional value.
What Devalues Aeroplan Points
Redeeming for merchandise, Amazon purchases, or statement credits returns only 0.8–1.0¢ per point. Aeroplan charges fuel surcharges (YQ fees) on some partner airlines like Lufthansa and Swiss, which can add $300–$700 to an award — always check before booking. Availability has tightened since the Air Canada merger; booking early (11 months out for premium cabin) gives you the best shot at saver award space.
Cards Mentioned in This Article
Advertiser Disclosure: SmartCardOffers may earn a referral fee when you apply for products through links on this page. This does not affect the way we evaluate or rank products. Rates, fees, and offer details are subject to change — always verify with the card issuer before applying. Learn more about how we make money.
