![How Much Are Air Miles Worth in Canada? [Updated 2024]](https://aperlust.com/wp-content/uploads/2023/12/how-much-are-air-miles-worth.png)
The Air Miles Loyalty Program offered by BMO is the second-best in Canada, behind Air Canada’s Aeroplan. If you don’t travel and prefer to redeem loyalty points for cash or merchandise, then Air Miles is a viable option for Canadians.
It’s free to join and won’t hurt your wallet collecting Air Miles, if anything, you’ll save money with Air Miles.
So, how much are Air Miles worth?
Redemption Values:
- Dream Miles: 1 Air Miles is worth 10.5 cents when redeeming for cash: 95 Air Miles for $10
- Merchandise: This redemption option offers the least value compared to others, with an average worth of 9 cents per mile.
- Flights: As the program was primarily designed for air travelers, the best use of Air Miles is typically for purchasing airline tickets, with an average value of 14.7 cents per mile for domestic and international flights.
Maximizing Air Miles Value: To get the most out of your Air Miles, it’s advisable to redeem them for high-value rewards like flights rather than merchandise.
Regularly using an Air Miles credit card for everyday purchases can also help accumulate more miles. Taking advantage of bonus offers and promotions can further increase your miles and their subsequent value.
Related:
Hola Parceros,
I’m the founder of Aperlust. I enjoy web development and SEO and am into snowboarding and linguistics. In my spare time, you can find me destroying my opponents in chess across the globe.
