AIR MILES is making some modest improvements to its program to give program members more flexibility. These minor changes are designed to make it easier for Collectors to earn and use miles.
Transferring miles between Cash and Dream accounts is a success. Since the launch of this option in June 2024, members have transferred 160 million miles, with over 123 million of them redeemed for rewards. Of these rewards, 45% were exchanged for the highly popular electronic gift cards at retailers such as Amazon, Walmart, Dollarama, St-Hubert, Air Canada, Reitmans, Airbnb, and others.
At first, only certain members could transfer miles between their Cash and Dream accounts.
From now on, the program extends its Dreams and Cash balance transfer functionality to all members!
You can obtain Onyx status by having the BMO® AIR MILES® World Elite®* Mastercard®*, in particular.
Previously, Dream Miles could be purchased for 30 cents per mile.
As of March 4, members can now purchase miles at a rate of 20 cents per mile, with options to purchase in increments of :
At Milesopedia, we estimate the cost of an AIR MILES mile at 10.5 cents. So a mile that costs more than our 10.5 cent estimate is not a good deal. This can only be useful if you’re just a few short of your dream reward.
AIR MILES continues to expand its network with the addition of new partners to collect miles with a linked Mastercard credit card:
The AIR MILES program now has over 9.5 million active accounts in Canada.
The ability to transfer miles between Dream and Cash balances offers more flexibility. While the option to purchase miles is more expensive than traditional accumulation, it can be useful for topping up a balance that’s close to a much-anticipated reward.
Savings are here (if you don’t see the sign-up form, please click here):
