Quick answer
Published valuations put an Aeroplan point at roughly 1.1¢ to 2.0¢ in 2026. Ratehub estimates about 1.44¢ overall and about 1.10¢ for economy flights. Prince of Travel valued points at 2.0¢ in its Q2 2026 update. What your points are worth depends on what you book: economy flights tend to sit at the low end, and premium cabins at the high end.
Last updated: October 2026. Card terms and program rules change. Figures come from issuer pages and published reviews checked in October 2026. Confirm details with the issuer before you apply.
Published valuations
| Source | Valuation | Notes |
|---|---|---|
| Ratehub | About 1.44¢ | Overall estimate |
| Ratehub | About 1.10¢ | Economy flights |
| Prince of Travel (Q2 2026) | 2.0¢ | Lowered from 2.1¢ after the June 2026 chart changes |
Valuations differ because they use different methods. Some compare against the airline’s published fare; others average a mix of economy and premium redemptions. Treat them as a range, not a promise.
Work out your own value
Example: one-way economy flight
Illustrative numbers. Use the fare you would actually have paid, and the taxes shown on your award booking.
The full method is in our guide to cents per point.
What lowers your value
- Short or cheap economy flights, where the cash fare is low relative to the points price.
- Dynamic pricing: Aeroplan prices Air Canada flights by demand, so popular dates cost more points.
- Devaluation: Aeroplan revised its award chart effective June 1, 2026, raising prices on several long-haul premium routes.
- Non-flight redemptions such as merchandise or gift cards, which typically give less value than flights.
What raises your value
- Premium-cabin bookings on long-haul routes, where cash fares are high.
- Partner airline bookings, most of which still use a fixed award chart, according to Milesopedia.
- Preferred pricing on Air Canada flights for primary holders of Aeroplan co-branded cards.
- Flexible dates, so you can pick the cheaper points price.
Costs to factor in
- Aeroplan doesn’t add carrier surcharges, but you pay taxes and government fees in cash.
- Some partner bookings add a booking fee.
- Aeroplan’s 18-month inactivity expiry returns on November 30, 2026. Primary holders of a TD, Amex or CIBC Aeroplan card are protected while they remain a cardholder in good standing.
Aeroplan points vs. cash back
At 1.44¢, earning one Aeroplan point per dollar is like earning 1.44% back, versus 1% on a 1% cash back card. At economy-level value of about 1.10¢, the advantage mostly disappears. Our cash back vs. travel points guide runs the full comparison for three household budgets.
Frequently asked questions
How much is 10,000 Aeroplan points worth?
At published valuations of 1.1¢ to 2.0¢, about $110 to $200 in flight value. What you actually get depends on the booking.
Can I transfer other points to Aeroplan?
Yes. American Express Membership Rewards transfer to Aeroplan at 1:1, with a 1,000-point minimum. Transfers are generally one-way.
Do Aeroplan points expire?
The 18-month inactivity rule returns on November 30, 2026. Holding an eligible Aeroplan co-branded card as the primary cardholder keeps your points from expiring.
Related: the short definition of Aeroplan in our credit card rewards glossary.