Point Valuations
What Are Aeroplan Points Worth in 2026?
The Points Standard values Aeroplan points at 2.1¢ each (CAD) as of July 2026, with an easy floor of about 1.0¢. Here's what that means and how we get there. For the always-current number, a calculator for your balance, and value-by-balance tables, see our Aeroplan points value guide.
The short answer
| Redemption style | Realistic value |
|---|---|
| Business class on partner airlines | 2.5–4.0¢ |
| Economy on partner award charts | 1.5–2.2¢ |
| Air Canada economy (dynamic pricing) | 1.0–1.5¢ |
| Air Canada during seat sales | 0.8–1.2¢ |
Our headline 2.1¢ figure is what an informed but normal traveller can expect — someone who checks partner availability and books a few weeks out, not someone hunting first-class unicorns.
Why the range is so wide
Aeroplan uses zone-based pricing for partner airlines and dynamic pricing for Air Canada's own flights. Partner awards are where the value lives: the price in points is fixed by distance zone, so when cash fares are high, your points-per-dollar value soars.
Dynamic pricing on Air Canada flights, by contrast, roughly tracks the cash fare. That anchors those redemptions near 1.0–1.5¢ — fine, but nothing you should reorganize your spending around.
The floor: what you can always get
Aeroplan points can typically be redeemed for roughly 1¢ toward flights when booked sensibly. We treat 1.0¢ as the floor for planning purposes — not a guarantee, since Air Canada's dynamic pricing can still move it. If a card earns 1.5 Aeroplan points per dollar, that floor works out to roughly 1.5% back, with upside to 3%+ when you redeem well.
Redemptions to avoid
- Merchandise and gift cards — typically 0.6–0.8¢ per point.
- Last-minute dynamic-priced AC flights — points prices balloon with the cash fare.
- Hotel bookings through the portal — almost always below 0.8¢.
What moves this valuation
We update the index monthly. Things that would move Aeroplan's number: partner award chart changes, dynamic pricing expansion to partners, transfer bonus frequency from Amex MR, and preferred-pricing changes for cardholders.
How to earn Aeroplan efficiently
The two standard routes: earn directly with an Aeroplan co-brand card like the TD Aeroplan Visa Infinite (checked bag perk, redemption pricing), or earn Amex Membership Rewards with a card like the Amex Cobalt and transfer 1:1 — which usually earns faster and keeps your options open. See our Aeroplan card ranking for the current ordering.
When Aeroplan is the wrong program for you
Skip building an Aeroplan balance if you don't fly Air Canada or its Star Alliance partners at all — a fixed-value currency you can spend anywhere is worth more to you than a top-tier flexible one you can't redeem. Two alternatives worth valuing on their own terms: Amex Membership Rewards (see our MR valuation), which transfers into Aeroplan on demand instead of committing upfront, and cash back, which has no chart to learn and no expiry risk at all.
Valuations are editorial estimates based on observable award pricing, not guarantees. Assumptions and methodology: The Points Standard Index. Last reviewed July 6, 2026.