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  2. Sep 4, 2024 · Air Miles is one of Canada’s most popular rewards programs, boasting millions of members and hundreds of partner brands. Learn more about how the Air Miles program works and whether it’s...

    • Jordan Lavin
  3. Jun 16, 2023 · How much are AIR MILES worth? AIR MILES redeemed for Cash Rewards have a value of 10.5 cents. Every 95 AIR MILES that you redeem as cash rewards will give you a $10 discount or eVoucher for in-store purchases. AIR MILES redeemed for Dream Rewards miles are worth anywhere from 9 to 20 cents each depending on the redemption.

  4. 3 days ago · AIR MILES are points you can collect to redeem some sweet rewards, like travel, merchandise, and discounts at stores. To earn AIR MILES points, you can: Earn miles from spending at...

    • Author
  5. Feb 10, 2023 · How much are Air Miles worth? Our research shows an average Air Miles value of 10.6 cents per mile. Keep in mind this is only an average and can fluctuate based on what you’re redeeming for.

    • Air Miles Lost Some Long-Standing Partners
    • Air Miles relied on BMO Before Bankruptcy, Too
    • BMO Says Rescue Could 'Revitalize' Program
    • Bank May See Upside, But Are Miles Safe?

    The loss of Empire Co.-owned Sobeys and Safeway in 2022 was a "huge blow," according to Ricky Zhang, founder of Prince of Travel, a website that tracks and compares travel reward systems in Canada. "It was probably going to be a matter of time until something like this happened," said Zhang, in reference to Air Miles U.S. parent company, Loyalty Ve...

    The rewards program was not only dependent on revenue from Sobeys and Safeway. In 2020 and 2021, it lost retailers such as the Liquor Control Board of Ontario (LCBO) and Rona hardware stores. The company's bankruptcy filings indicate that those retailers were among a 10 per cent drop in revenue that happened even before Sobeys pulled out. After Sob...

    In an emailed statement to CBC News, the Bank of Montreal said it's excited for the future of the program, and that "we have always believed in the value of the program for Canadians." The bank has said it will "revitalize" and "bring new energy" to Air Miles, if the deal is approved, but loyalty points experts aren't so sure. "I'm thinking there i...

    Air Miles has said in statements that reward point balances are safe at this point. Bank of Montreal has echoed that messaging from Air Miles. BMO may be able to leverage the Air Miles customer base to expand its own, says Charan Bagga, associate professor of marketing with the Haskayne School of Business at the University of Calgary. "This present...

  6. Aug 8, 2024 · Is the Air Miles Rewards Program Worth It? The Air Miles Rewards Program is worth it for several reasons. First off, it does not cost anything to join the program.

  7. Oct 4, 2024 · In this head-to-head battle of Aeroplan vs AIR MILES, we compare the two travel loyalty programs and breakdown everything so you can choose the program that best fits your lifestyle.

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