Air Canada Aeroplan is offering a bonus on purchased Aeroplan points. Is this an offer you should consider taking advantage of?
onemileatatime.com
Great 115% bonus on purchase. Will definitely bite.
Visited the buy points site and saw my bonus was 105% (it's targeted based on the user). Somewhat surprising I didn't get the top offer given the stack of points I bought earlier. Then again, maybe they saw the redemptions I made using the points and realized I'm not their valued customer
I just did the math and a return to europe, before taxes would come to $4166 business class. My points will cost AUD 1.89 cents each.
Which is certainly decent value. However, the real bang for the buck is making Europe the stopover point and then continuing on to North America. At which point, I would challenge you to find a cash fare that comes anywhere close of this. Also realize too that taxes & fees are very minimal given Aeroplan doesn't pass on fuel surcharges.
Return to Thailand would be $1701. SYD-TYO $2186
Key with North America is to avoid flying Air Canada on the award ticket. In particular flying on Air Canada as part of an award means the pricing is dynamic meaning the price will often be much higher than the stated price. This isn't such a big deal given United is a partner of Aeroplan. Second, when booking stopovers, the rules aren't as generous when there is an AC segment involved (basically you are restricted to whatever routing rules an equivalent cash fare would have meaning circuitous routings via Europe to North America are usually off the table). Again, not a big deal given the many partners Aeroplan has.
I got a 105% bonus from 80K miles.
At $AUD0.019 per point, you really need to extract maximum value out of the Aeroplan chart & sweet spots (eg 5K stopover) to make it worth it imo — it isn't exactly what I'd call a cheap per point cost.
I think it really depends where you are heading and what the cash fare cost is. A one-way business class ticket on Aeroplan is 110,000 miles which would cost you ~$2,090 + taxes (say $2,300) one-way flying a carrier like Etihad or roughly $4,600 return. I'd argue you would have a tough time finding a similar fare to Europe in business class. The real sweet spot for me, however, is between Pacific and North America where trips up to 11,000 miles are just 87,500 miles in business class. For instance, you can fly Singapore to Toronto (with a stopover in Zurich) for 92,500 miles in business class since the distance travelled is 10,450 miles (just under that 11,000 mile limit). Not a bad deal!
Still deciding to buy or not (or buy Avios instead)
What really matters in my mind is if you have a trip to book in mind and whether the program has availability on the dates you want to travel. When the 100% promotion landed back in July, I knew there was a trip I needed to book far in the future and was able to find business saver award availability to the places I needed to go so I pulled the trigger. Avios can be a points currency too, especially for short haul flights which tend to be priced really cheap (i.e. SYD > HBA for 6,000 Avios in QF Y). The key though is not to stockpile the points but to actually have a plan to use them and for the acquisition cost to be less than the cost of alternatives (i.e. buying the cash fare)
But:
- If you buy these points, you have to deal with difficult award availability (there's a bit on EY, but not a lot else).
I think the idea is to have some trips in mind (with corresponding dates that have award availability) and make the booking. I will also point out that the stopover feature can essentially force Aeroplan to give you the award since you can use the stopover rule to force a routing that has business availability.
- You can get something for a broadly similar price if you do a reward ticket to Asia + paid fare from there.
That's also another use of said points is to book positioning flights to take advantage of fare sales ex-certain countries.
- This cost makes it uneconomical to use them for economy travel if you decide you want to do that for any reason — you are essentially locked in to finding J availability to make good use of these points.
That's true for most frequent flyer programs though. Can you name for me a single frequent flyer program that prices their economy award considerably less than their BusinessFirst award?
So they can still be a good deal, but they come with a few caveats.
Absolutely! It rarely makes sense to buy these speculatively. If you have some specific bookings in mind, and can find partner award availability, a strong argument can be made for buying the miles.
My typing error… I meant EY or course rather than EK! (corrected in my post now).
This may not be an error in a little bit given the partnership Air Canada is building with EK. Certainly if EK becomes an Aeroplan award partner, this could represent excellent value for members indeed!
The trick to many of these is to break the journey when searching… this might mean needing to call in to book the ticket. I have found availability on all of those carriers, on all of those routes! Have booked four of them in the last couple of months.
I think the key is to use
United's award search tool since they present you a monthly calendar that shows you on which dates you can find partner business award saver availability! Remember too that since United and Air Canada are part of the same airline alliance (and also have Virgin Australia as an award partner) what you find on United's search will roughly correspond with Air Canada's.
For example MEL or SYD to SIN might bring up VA to DPS, followed by SQ to SIN. Or maybe use VA to DRW, connecting to SQ from there. Once in SIN there are options to Europe. TG has been showing on some flights close-in… J to BKK, and then onwards from BKK can search of EY, GF etc.
I think the key to think about are which Star Alliance carriers serve Australia. My understanding is Singapore, ANA, Asiana, Thai, Air India and EVA Air are the key ones. This suggests that stopovers in SIN, TYO, ICN, BKK, DEL/BOM and TPE may be warranted to make business award availability appear. And for many spending that extra day or two in Asia ain't a bad consolation prize either!
I know AI may not appeal to some, but I have flown them countless times and the bed is flat, the champagne is cold, and the food is tasty. The service ranges from average to fine or good. Lounge in DEL is ok. $4200 on AI, or $9000 on QR? Given I sleep the majority of flights, it’s neither here nor there and any extra benefits the $4800 get me on QR are pretty much lost.
I haven't flown AI or been to India but have spoken to those who have. What I will say is that it may not be everyone's rose. Some people cannot stand Indian food and for those who struggle with airports may find the likes of DEL or BKK to be all too much for them. At the same time, I would argue that Air India doesn't hold a candle to Etihad or Singapore.
-RooFlyer88