To the point
AIR MILES now allows members to transfer miles between Dream and Cash rewards. Towards the end of 2024, they will be combined in a single bank of miles.
Good news!
After several months of testing by AIR MILES with privileged members, it is now possible to transfer Cash miles to Dream (and vice versa). The exchange rate is 1:1.
You must have at least Gold status in the AIR MILES program. To qualify for this status, a Collector must accumulate at least 500 miles during the year, between January and December, or be an AIR MILES credit card holder.
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No annual fee
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Purchase Insurance
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Accepted at Costco
When the program began in 1992, there was only one bank of AIR MILES miles. Then, in 2012, the program decided to have two rewards options:
- Cash Miles: to be redeemed either at an AIR MILES partner checkout or as an electronic gift card (95 miles = $10 rebate) ;
- Dream Miles: to be exchanged for travel and merchandise.
From that moment on, you have to choose wisely for the distribution of miles, as it is impossible to move them from one option to another right now. It also created frustration and confusion among members.
This is the first step towards change. Eventually, members will be able to merge their miles into a single miles bank in the coming months, just as they did at the very start of the program!
How to easily transfer AIR MILES miles between Cash and Dream
On the AIR MILES home page, log in to your Collector profile.
Then, on your home page, you’ll see the information box for your number of miles.
Click on Transfer miles.
You will then have to choose and click on the type of transfer you want:
- Cash miles to dream miles
- Dream Miles to Cash miles
Under each option, you can see how many miles are available for transfer.
Select the number of miles to transfer in the box and click Transfer.
Congratulations! Your transfer has been completed and you will see your new allocation of AIR MILES miles.
What’s more, you can immediately see the confirmation in your transactions.
If you’re short on miles for merchandise, travel or an e-voucher, you can combine your AIR MILES miles with someone who lives at the same address as you, free of charge.
See our article on our complete guide to Transferring and combining points between people.
Transfer between Cash and Dream Miles - Limits according to status
AIR MILES has set limits on the number of miles that can be transferred between Cash and Dream accounts:
- Members with Onyx status can transfer unlimited miles;
- Gold members can transfer a maximum of 1,000 miles per calendar year.
Please note that the daily transfer limit is 3,500 miles per day for Onyx members, when done online. To transfer more than the limit, the member must call AIR MILES Customer Service.
You can obtain Onyx status by holding the BMO® AIR MILES® World Elite®* Mastercard®*, in particular.
Bottom Line
Asked for a long time, the AIR MILES program makes an excellent choice by combining miles.
This will make the program much more flexible and user-friendly for its members. Since its acquisition by BMO last spring, the program has taken several steps in the right direction to regain the trust of its members.
If you’re interested in collecting AIR MILES, these limited-time credit card offers are great:
