WestJet Dollars are the simplest loyalty currency in Canadian travel: 1 WestJet Dollar = $1 CAD when applied to any WestJet flight or vacation package. There is no points-to-dollar conversion, no variable redemption chart, and no minimum redemption.
The real value question is not the dollar-for-dollar currency rate — it is the companion voucher on the WestJet RBC World Elite Mastercard, which is where most of the programme’s true financial benefit lies.
WestJet Dollars: The Literal Value
| WestJet Dollars | Redemption Value (any WestJet flight) |
|---|---|
| $10 WestJet Dollars | $10 off a WestJet booking |
| $50 WestJet Dollars | $50 off a WestJet booking |
| $100 WestJet Dollars | $100 off a WestJet booking |
| $250 WestJet Dollars | $250 off a WestJet booking |
| $500 WestJet Dollars | $500 off a WestJet booking |
No conversion math needed. The value is always $1 per WestJet Dollar.
How WestJet Dollars Are Earned
WestJet RBC World Elite Mastercard ($119/year)
| Spend Category | Earn Rate |
|---|---|
| WestJet flights and WestJet Vacations | 2% WestJet Dollars |
| Everything else | 1.5% WestJet Dollars |
Annual earn example:
- $3,000/month total spending (mixed, mostly non-WestJet):
- $200/month on WestJet bookings × 2% = $4.00/month
- $2,800/month elsewhere × 1.5% = $42.00/month
- Total: ~$552 WestJet Dollars per year
After $119 annual fee = ~$433 in net WestJet travel value from everyday spending (before accounting for the companion voucher).
WestJet RBC Mastercard ($39/year)
| Spend Category | Earn Rate |
|---|---|
| WestJet flights and WestJet Vacations | 1.5% WestJet Dollars |
| Everything else | 1% WestJet Dollars |
Annual earn example:
- $3,000/month total spending:
- $200/month WestJet × 1.5% = $3.00/month
- $2,800/month elsewhere × 1% = $28.00/month
- Total: ~$372 WestJet Dollars per year
After $39 annual fee = ~$333 net annual value — but no companion voucher.
Earn rates subject to change. Verify at westjet.com/credit-cards.
The Companion Voucher: Where the Real Value Is
The WestJet RBC World Elite Mastercard issues one annual companion voucher each cardmember year. Terms:
- Companion flies round-trip for $99 CAD + applicable taxes and fees
- Requires the primary cardholder to purchase a WestJet base fare or higher (same itinerary)
- Valid on any WestJet-operated route
Companion voucher value by route type:
| Route | Approx. Full Companion Fare | Companion Pays (with voucher) | Annual Voucher Saving |
|---|---|---|---|
| Short domestic (e.g., YVR–YYC return) | $250 – $400 | $99 + ~$60 taxes = ~$159 | ~$91 – $241 |
| Long domestic (e.g., YYZ–YVR return) | $350 – $600 | $99 + ~$80 taxes = ~$179 | ~$171 – $421 |
| Sun destination (e.g., YYZ–CUN return) | $600 – $1,000 | $99 + ~$180 taxes = ~$279 | ~$321 – $721 |
| Transatlantic (e.g., YYZ–LGW return) | $800 – $1,400 | $99 + ~$250 taxes = ~$349 | ~$451 – $1,051 |
Route prices are estimates. Taxes vary. Book during advance-purchase windows for best companion savings.
For any cardholder who uses the companion voucher once per year on a meaningful route, the voucher alone covers the $119 annual fee — often multiple times over.
WestJet Dollars vs. Aeroplan: Which Is More Valuable?
| Feature | WestJet Dollars | Aeroplan Points |
|---|---|---|
| Currency value | Fixed $1.00 | Variable 1¢–4.5¢/point |
| Airline options | WestJet only | Air Canada + 40+ Star Alliance |
| Best redemption value | $1.00 (always) | 3–4.5¢/point (business class) |
| Simplicity | Very high | Medium |
| Companion benefit | $99 companion voucher (annual) | None standard |
| Free checked bag | Yes (World Elite + 8 companions) | Yes (CIBC/TD Aeroplan Visa Infinite) |
| Points transfers | None | None needed (is the programme) |
WestJet Dollars are better than Aeroplan when:
- You are a loyal WestJet flyer (not interested in Air Canada or Star Alliance)
- You travel with a companion at least once per year and will use the voucher
- You value simplicity over redemption strategy
- The routes you fly are well-covered by WestJet
Aeroplan is better than WestJet Dollars when:
- You fly Air Canada or Star Alliance partners
- You want premium cabin redemptions (business class at 3–4.5¢/point vs. WestJet Dollars at 1¢)
- You travel internationally to destinations better served by Star Alliance
- You are willing to learn the Aeroplan sweet spot redemption system
Net Annual Value Comparison: WestJet RBC World Elite vs. TD Aeroplan Visa Infinite
For a cardholder spending $3,000/month ($36K/year) total, taking one annual trip with companion (Toronto–Cancún):
| Feature | WestJet World Elite ($119 fee) | TD Aeroplan Visa Infinite ($139 fee) |
|---|---|---|
| Annual credit card earn | ~$552 WestJet Dollars | ~36,000–54,000 Aeroplan pts (~$360–$540) |
| Companion benefit | ~$321–$721 savings (voucher) | None |
| Free checked bag | Primary + up to 8 companions | Primary cardholder only |
| Total estimated value | ~$873–$1,273 | ~$360–$540 |
| Less annual fee | −$119 | −$139 |
| Net value estimate | ~$754–$1,154 | ~$221–$401 |
Estimate only. Assumes companion voucher is used; Air Canada checked bag benefit omitted from Aeroplan for simplicity. Actual values depend on spending, booking patterns, and redemption choices.
For regular WestJet family travellers, the companion voucher makes the WestJet World Elite one of the most underappreciated credit card values in Canada.
WestJet Dollars Value FAQ
What is a WestJet Dollar worth? Exactly $1 CAD off any WestJet flight or WestJet Vacations package.
Is the WestJet companion voucher worth it? Yes — on almost any route used once per year, it exceeds the $119 annual fee.
Can WestJet Dollars be used on Air Canada? No. WestJet flights and WestJet Vacations only.
Do WestJet Dollars expire? After 24 months of account inactivity. Earning or redeeming resets the inactivity clock.
WestJet Dollars vs. Aeroplan — which is better? WestJet for loyal WestJet flyers; Aeroplan for Air Canada/Star Alliance and premium cabin value.
Related Articles
- How WestJet Rewards Works 2026
- WestJet Companion Voucher Guide 2026
- Best Travel Credit Cards in Canada 2026
- How Aeroplan Works 2026
- Aeroplan Points Value 2026
- Best Rewards Credit Cards in Canada 2026
WestJet Rewards earn rates, companion voucher conditions, and programme terms are subject to change. Verify at westjet.com.