Author Topic: Need help to calculate Aeroplan points, used and pay back in cash  (Read 275 times)

Offline abitton

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Hello, thanks in advance for reading.

As the title suggests, I recently used someone else’s points in the Aeroplan shared family plan. I’m getting mixed search results online regarding how to calculate the points. If someone can kindly explain to me how to calculate 30,641 points that were used into a dollar amount. I like to pay the person back because I don’t have enough points.

TLDR: I used somebody else’s Aeroplan points, and I like to convert 30,641 points into a dollar amount so I can pay them back.

TIA.

Offline Alexsei

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Re: Need help to calculate Aeroplan points, used and pay back in cash
« Reply #1 on: February 28, 2024, 10:03:05 PM »
Aeroplan sells them for 2 cents per point, but the fair market value is probably less
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Offline abitton

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Re: Need help to calculate Aeroplan points, used and pay back in cash
« Reply #2 on: February 28, 2024, 10:04:42 PM »
Thanks for that. Where would one find out “fair market value”.

Offline yochai

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Re: Need help to calculate Aeroplan points, used and pay back in cash
« Reply #3 on: February 28, 2024, 10:14:45 PM »
Thanks for that. Where would one find out “fair market value”.
As with all miles, it really depends on knowing how to use it. Travel bloggers evaluate them at 1.4-1.6 if that helps you.

Offline mileagejunkie

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Re: Need help to calculate Aeroplan points, used and pay back in cash
« Reply #4 on: February 29, 2024, 03:18:20 AM »
As with all miles, it really depends on knowing how to use it. Travel bloggers evaluate them at 1.4-1.6 if that helps you.
It would cost about 1.25 com to purchase them from a broker at any time. The value is $383.