What are your points actually worth?
Points are only worth what you redeem them for. Enter your balance to see its real dollar value across every major Canadian program — and whether transferring beats redeeming directly.
Canada's most valuable mainstream currency. Best value comes from long-haul and partner business-class awards; short domestic flights often land closer to 1.5¢.
Typical range 1.4¢–3.5¢ per point. What you actually get depends entirely on how you redeem.
| Program | ¢ / point | Value |
|---|---|---|
| Aeroplan | 2.1¢ | $1,050.00 |
| Amex Membership Rewards | 2¢ | $1,000.00 |
| RBC Avion Rewards | 1.7¢ | $850.00 |
| CIBC Aventura | 1.3¢ | $650.00 |
| Air Miles (Dream) | 1.2¢ | $600.00 |
| Scene+ | 1¢ | $500.00 |
| WestJet Dollars | 1¢ | $500.00 |
| Marriott Bonvoy | 0.9¢ | $450.00 |
| BMO Rewards | 0.7¢ | $350.00 |
| TD Rewards | 0.5¢ | $250.00 |
| PC Optimum | 0.1¢ | $50.00 |
Comparing the same raw balance across programs. In practice you earn very different numbers of points per dollar in each — a TD Rewards point is worth less, but you earn many more of them.
Aeroplan ≈ 2.1¢ and Amex MR ≈ 2.0¢ lead the Canadian pack; fixed-value programs like TD Rewards (0.5¢) and BMO Rewards (0.7¢) are worth less per point but easier to earn in bulk. Value = points × cents-per-point ÷ 100.
Canadian point values at a glance
| Program | Baseline | Range |
|---|---|---|
| Aeroplan | 2.1¢ | 1.4¢–3.5¢ |
| Amex Membership Rewards | 2¢ | 1¢–3¢ |
| RBC Avion Rewards | 1.7¢ | 1¢–2.5¢ |
| CIBC Aventura | 1.3¢ | 0.8¢–2¢ |
| Air Miles (Dream) | 1.2¢ | 0.9¢–1.8¢ |
| Scene+ | 1¢ | 1¢–1¢ |
| WestJet Dollars | 1¢ | 1¢–1¢ |
| Marriott Bonvoy | 0.9¢ | 0.6¢–1.5¢ |
| BMO Rewards | 0.7¢ | 0.5¢–1¢ |
| TD Rewards | 0.5¢ | 0.4¢–0.5¢ |
| PC Optimum | 0.1¢ | 0.1¢–0.1¢ |
VaultNerd baseline valuations for a sensible redemption. Your mileage — literally — will vary.
Frequently asked questions
How much is an Aeroplan point worth?
Roughly 2.1 cents each for a typical redemption, though the realistic range is about 1.4¢ to 3.5¢. Long-haul and partner business-class awards deliver the most value; short domestic economy flights and merchandise redemptions deliver the least.
Which Canadian loyalty program has the most valuable points?
Aeroplan and Amex Membership Rewards lead at roughly 2¢ per point, largely because both can be redeemed for high-value flight awards. Fixed-value programs like TD Rewards (0.5¢) and BMO Rewards (0.7¢) are worth less per point — but you typically earn far more of them per dollar spent.
Should I transfer my points or redeem them directly?
Transferring usually wins when the destination program has an award chart with outsized redemptions. Amex Membership Rewards at 1:1 to Aeroplan is the classic Canadian example. Transfers are almost always one-way and irreversible, so only move points once you have a specific redemption in mind.
Why do point valuations differ between sites?
Because a point has no fixed worth — it's only worth what you redeem it for. Valuations are estimates of a sensible, achievable redemption. Treat any single number as a benchmark for comparing programs, not a guarantee of what you'll get.
Researching and writing about Canadian rewards programs and travel since 2026.
“Points Value Calculator (Aeroplan, Amex, Scene+) — VaultNerd” — VaultNerd, https://www.vaultnerd.com/tools/points-value-calculator, updated August 2026.
- Published award charts and fixed redemption rates for each program
- VaultNerd point valuations, reviewed quarterly