Air Canada’s Aeroplan loyalty program offers members 50,000 points back when they redeem their Aeroplan points for hotel stays.
Register online And book by September 30, 2024, for travel between September 3, 2024 and February 28, 2025, to receive the following points rebate:
- 10,000 points back when you redeem at least 40,000 points for your stay
- 25,000 points back when you redeem at least 80,000 points for your stay
- 50,000 points back when you redeem at least 150,000 points for your stay
Plus, Aeroplan Elite members will get an additional 2,500 points back.
There is no limit to the number of times you can redeem points during this promotion. The points rebate will be credited to your Aeroplan account within six weeks of the stay, so make sure you have enough points in your account before you book.
If you have Air Canada Aeroplan® Credit Card From Chase, you’ll get a fourth night free when you redeem points for a hotel stay, making this offer even more attractive.
Related: 9 Incredible Benefits of the Air Canada Aeroplan Credit Card
Here at TPG, we don’t typically recommend redeeming your airline points and miles for hotel stays, so is this seemingly generous deal worth it?
Redeeming Aeroplan Points for Hotel Stays Without an Aeroplan Credit Card
If you do not catch Aeroplan Credit Card You will not receive the fourth-night-free benefit if you book more than three nights with or from Chase.
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Looking at a two-night stay at the SLS South Beach in Miami Beach, Florida, you can redeem 126,700 Aeroplan points for a Superior City View King Room. Rates are inclusive of taxes and fees but are non-refundable.
With this promotion, you’ll get 25,000 points back (by redeeming at least 80,000 points but less than 150,000 points), so your out-of-pocket cost will be 101,700 Aeroplan points after your investment is paid for the rebate.
Alternatively, the same room type with the same terms and conditions can be purchased directly with Accor for $931.04.
With this current promotion, your 101,700 Aeroplan points would be worth $931.04, or 91 cents each.
Given that TPG values Aeroplan points at 1.5 cents as of our September 2024 valuation, redeeming them for just 91 cents doesn’t increase your points.
Redeem Aeroplan points for hotel stays with an Aeroplan credit card
If you want to book four nights using points and hold Aeroplan Credit CardThe value proposition changes given the attractive benefit of getting a fourth night free as a benefit of holding the card.
When considering four nights at the same hotel, SLS South Beach, rather than two, you can book the same Superior City View King Room for 189,950 points when the credit card’s free night is applied.
With this promotion, you will get 50,000 points back by redeeming at least 150,000 points for hotel stays. Remember that cardholders also receive automatic Aeroplan 25K Elite status for the remainder of the calendar year, plus the one below.
Cardholders will also get an additional 2,500 points back, so the total out-of-pocket spend after the rebate will be 137,450 points.
The same hotel room can be booked directly with Accor for $1,862.08 on the same dates and with the same conditions.
By redeeming 137,450 Aeroplan points for this stay, you’ll save $1,862.08, giving your points a value of 1.35 cents. This is very close to our 1.5-cent valuation of Aeroplan points and is a respectable, if not spectacular, way to redeem your Aeroplan points.
Related: How to Redeem Aeroplan Points for Maximum Value
How to earn Aeroplan Points
New Air Canada Aeroplan Credit Card Applicants can earn 70,000 points after spending $3,000 on purchases in the first three months their account is open for just a $95 annual fee. With the card, you’ll also earn:
- 3 points per dollar spent at grocery stores, dining and direct purchases with Air Canada
- 1 point per dollar spent on all other purchases
The card also offers many other benefits, including monthly bonus points, lounge passes, discounted award pricing and upgrade credits.
You can also transfer the following credit card rewards to Aeroplan at a 1:1 transfer ratio:
This means that all of the following cards currently offer strong welcome bonuses with rewards that you can transfer to your Aeroplan account:
RELATED: How (and Why) You Should Earn Transferable Credit Card Points
The bottom line
This new promotional offer from Aeroplan allows members to earn 50,000 points back when redeeming points for hotel stays.
For short stays where you can’t take advantage of the fourth-night-free offer, it’s not the best way to redeem your Aeroplan points. Instead, you’ll usually get better value for flights, especially when redeeming your Aeroplan points on partner airlines.
If you have Aeroplan Credit Card And looking to book four or more nights, this promotion offers an affordable yet awesome way to redeem Aeroplan points.