Air Canada Aeroplan is offering a bonus of up to 125% on purchased points through July 11. After this date, the bonus will decrease to up to 100% from July 12-19.
Customers can buy or gift up to 500,000 miles plus the applicable bonus, with an annual purchase limit per account set at 1 million miles. When using a U.S. credit card with a U.S. billing address, no tax is applied. A 125% bonus results in purchasing points at just over 1.1 U.S. cents per point.
The bonus structure includes a 60% bonus for purchases between 3,000 and 20,000 points, an 85% bonus for purchases between 25,000 and 50,000 points, and a maximum of a 125% bonus for purchases between 60,000 and 500,000 points. This equates to buying points at approximately 1.14 U.S. cents per point.