AIR MILES: You can transfer miles between Dream and Cash!

Updated Aug 29, 2024
Fact checked by
Marie-Ève Leclerc
Marie-Ève Leclerc

Marie-Ève Leclerc

Marie-Ève Leclerc
Marie-Ève, Web Director at Milesopedia, is an expert in budget travel and a slow travel enthusiast. Specializing in Aeroplan, Scene+, and Marriott Bonvoy programs, she spends nearly six months a year abroad, making travel her way of life. Constantly seeking the best waves to surf, excellent coffee, and strategies to extend her travels, she is often found in coworking spaces with fellow digital nomads or by the sea, watching the sunset.
All posts by Marie-Ève Leclerc
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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.

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.

Air Miles homepage showing where to sign in

Then, on your home page, you’ll see the information box for your number of miles.

Click on Transfer miles.

Showing where to click to transfer Miles on the Air Miles website

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.

Tutorial showing the process of transferring dream miles to cash miles

Congratulations! Your transfer has been completed and you will see your new allocation of AIR MILES miles.

Page of confirmation after completing a Miles transfer with Air Miles

What’s more, you can immediately see the confirmation in your transactions.

web page showing Air Miles transaction history for a specific account

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:

Come to discuss that topic in our Facebook Group!
Caroline Tremblay

Caroline Tremblay

Caroline Tremblay
Caroline, a loyalty program specialist, helps families maximize their points to travel more frequently and affordably. With expertise in Disney, AIR MILES, and Costco, she travels the world with her partner and two children through rewards. Passionate about the latest in loyalty programs, Caroline shares tips to help you earn more points and turn your travel dreams into reality.
All posts by Caroline Tremblay

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