Rewards programs

Aeroplan

Program run by Air Canada (Aeroplan Inc.). Here is what one Aeroplan point is worth, how to redeem it and the cards that earn the most of it.

  • Values taken from official pages or from an announced specialist benchmark
  • Cards ranked by net value, annual fees deducted
  • Official pages reread regularly

Official program site All programs

Value of one point

Where the value comes from
Canadian specialist benchmark (lower bound)
Value used for the ranking
Cards are ranked at 1.5¢ per point, a prudent assumption between the 1.0¢ reference floor and the 2.0¢ benchmark: a flight redemption at 2.0¢ is not guaranteed for every dollar spent.
Source
Milesopedia · Published on September 1, 2026
Verification
Verified on October 8, 2026 Source up to date

“Milesopedia values Aeroplan points at 2 ¢/pt (CAD) in its Canadian points and miles valuation, in effect since September 1, 2026.”

The source discloses affiliate relationships.

Restrictions

  • Flight rewards are dynamically priced; Aeroplan publishes no cash value (the terms say points have no monetary value).
  • Actual value varies by route, cabin, dates, taxes and availability.

Programs do not issue the same number of points per dollar: to compare two programs, look at the return per dollar spent, not the value of a point.

Excerpts are quoted in the language of their source.

Cards that earn these points

Annual spending levels

Each level is a basket of annual spending split across everyday categories. The returns and the ranking are recomputed for that basket.

  • Moderate — $24,000 / year
  • Standard — $36,000 / year
  • High — $60,000 / year

In a personalized analysis, your actual spending replaces this reference basket.

Ranked by annual net value on the standard reference basket ($36,000 of spending a year), annual fees fully deducted.

Rank Card Network Annual fee Annual net value Earning Limitations
1 TD Aeroplan Visa Infinite Card Visa $139 $671
  • Air Canada: 1.5 points / $ (2.25¢ per dollar) (capped at $80,000)
  • Everyday purchases: 1.5 points / $ (2.25¢ per dollar)
  • Gas and EV charging: 1.5 points / $ (2.25¢ per dollar) (capped at $80,000)
  • Groceries: 1.5 points / $ (2.25¢ per dollar) (capped at $80,000)
 Foreign exchange fee assumed Point value: specialist benchmark
2 CIBC Aeroplan Visa Infinite Card Visa $139 $491
  • Air Canada: 1.5 points / $ (2.25¢ per dollar)
  • Electric vehicle charging: 1.5 points / $ (2.25¢ per dollar)
  • Gas / charging: 1.5 points / $ (2.25¢ per dollar)
  • Groceries: 1.5 points / $ (2.25¢ per dollar)
  • Hyatt: 1.5 points / $ (2.25¢ per dollar)
  • Everyday purchases: 1 point / $ (1.5¢ per dollar)
 Foreign exchange fee assumed Point value: specialist benchmark
3 American Express Aeroplan Card American Express $120 $447
  • Air Canada: 2 points / $ (3¢ per dollar)
  • Food delivery: 1.5 points / $ (2.25¢ per dollar)
  • Hyatt: 1.5 points / $ (2.25¢ per dollar)
  • Restaurants: 1.5 points / $ (2.25¢ per dollar)
  • Everyday purchases: 1 point / $ (1.5¢ per dollar)
 Foreign exchange fee assumed Point value: specialist benchmark
4 CIBC Aeroplan Visa Card Visa $0 $420
  • Air Canada: 1 point / $ (1.5¢ per dollar)
  • Electric vehicle charging: 1 point / $ (1.5¢ per dollar)
  • Gas / charging: 1 point / $ (1.5¢ per dollar)
  • Groceries: 1 point / $ (1.5¢ per dollar)
  • Everyday purchases: 0.67 points / $ (1¢ per dollar)
 Foreign exchange fee assumed Point value: specialist benchmark
5 TD Aeroplan Visa Platinum Card Visa $89 $289
  • Air Canada: 1 point / $ (1.5¢ per dollar) (capped at $80,000)
  • Gas and EV charging: 1 point / $ (1.5¢ per dollar) (capped at $80,000)
  • Groceries: 1 point / $ (1.5¢ per dollar) (capped at $80,000)
  • Everyday purchases: 0.67 points / $ (1¢ per dollar)
 Foreign exchange fee assumed Point value: specialist benchmark
6 CIBC Aeroplan Visa Infinite Privilege Card Visa $599 $139
  • Air Canada: 2 points / $ (3¢ per dollar)
  • Hyatt: 2 points / $ (3¢ per dollar)
  • Dining: 1.5 points / $ (2.25¢ per dollar)
  • Electric vehicle charging: 1.5 points / $ (2.25¢ per dollar)
  • Gas / charging: 1.5 points / $ (2.25¢ per dollar)
  • Groceries: 1.5 points / $ (2.25¢ per dollar)
  • Travel: 1.5 points / $ (2.25¢ per dollar)
  • Everyday purchases: 1.25 points / $ (1.88¢ per dollar)
 Foreign exchange fee assumed Point value: specialist benchmark
7 American Express Aeroplan Reserve Card American Express $599 $116.50
  • Air Canada: 3 points / $ (4.5¢ per dollar)
  • Restaurants: 2 points / $ (3¢ per dollar)
  • Everyday purchases: 1.25 points / $ (1.88¢ per dollar)
 Point value: specialist benchmark
8 TD Aeroplan Visa Infinite Privilege Card Visa $599 $103
  • Air Canada: 2 points / $ (3¢ per dollar) (capped at $100,000)
  • Dining: 1.5 points / $ (2.25¢ per dollar) (capped at $100,000)
  • Gas and EV charging: 1.5 points / $ (2.25¢ per dollar) (capped at $100,000)
  • Groceries: 1.5 points / $ (2.25¢ per dollar) (capped at $100,000)
  • Travel and transit: 1.5 points / $ (2.25¢ per dollar) (capped at $100,000)
  • Everyday purchases: 1.25 points / $ (1.88¢ per dollar)
 Foreign exchange fee assumed Point value: specialist benchmark

Return computed with the value used for the ranking: 1.5¢ per point.

How to use your points

The redemption options the program publishes, with the value of a point when it is fixed.

  • Flight rewards

    Flight rewards on Air Canada and partners

    Variable value, not published

    “The number of Aeroplan Points required to redeem certain rewards such as flights (including those operated by Air Canada) and hotel reservations may be dynamic and subject to change”

    • Dynamic pricing; no fixed cash value.
    Official source

  • Other redemption

    Conversion to Starbucks Stars

    Variable value, not published

    “Starting at 400 points, convert for eligible rewards like brewed coffee, handcrafted beverages, baked goods, and more.”

    • 400 Aeroplan points = 100 Stars; not a CAD value.
    Official source

Transfer partners

This program publishes no transfer partner.

Expiry and minimum redemption

Point expiry
“Your Aeroplan points will only expire if your account has been inactive for 18 months.” Official source
Minimum redemption
No published rule is listed.

Welcome offers in Aeroplan points

Current offers on the cards of this program. Their value is not part of the ranking above.

View all offers

How to read this ranking

The ranking compares the cards of one program on a single scenario, so the gaps come from the cards and not from the assumptions.

  • Reference basket, standard level: $36,000 of spending a year, spread over everyday categories.
  • High-spend profile; reference province: Quebec.
  • Annual fees fully deducted from the value.
  • Welcome offers excluded: only the recurring value counts.

Your spending is different? See the best cards by use or the strategies by profile.

Limitations of this page

  • Cards are ranked on the standard reference basket of a high-spend profile; your actual spending may change the order.
  • The program publishes no fixed rate: the value of a point is a Canadian specialist’s lower bound, announced as such.
  • Recurring annual fees are fully deducted from each card’s value.
  • Transfer partners and rates are those read on the official pages; a program may change them without notice.
  • The value of welcome offers is not part of the card ranking.