Less committed AIR MILES membersOver the years, these events have proven to be less interesting: fewer miles to earn, and more pressure to complete certain offers, which has caused many members to turn away from the program. This is despite a rebranding in 2021.
Is AIR MILES in financial trouble?
BMO's acquisition of the AIR MILES business was proposed in the LoyaltyOne proceeding under the Companies' Creditors Arrangement Act (CCAA) commenced in the Ontario Superior Court of Justice – Commercial List. Loyalty Ventures officially filed for bankruptcy on Friday, March 10, 2023.
What is replacing AIR MILES?
Scene+ replaces AIR MILES at IGA, Sobeys, Safeway and more! Programs Scene+ replaces AIR MILES at IGA, Sobeys, Safeway and more! To the point Scene+ becomes the new rewards program for Empire Group grocery stores (IGA, Sobeys, Safeway, Rachelle Béry and more)!
What will replace air miles?
Scene+Scene+ replaces AIR MILES at IGA, Sobeys, Safeway and more! Programs Scene+ replaces AIR MILES at IGA, Sobeys, Safeway and more! To the point Scene+ becomes the new rewards program for Empire Group grocery stores (IGA, Sobeys, Safeway, Rachelle Béry and more)!
Why is everyone dropping AIR MILES?
Can you cash out Amex miles?
You can use them to directly pay for flights, rental cars and cruises through Amex Travel. You can also transfer Amex points to partner loyalty programs, which can greatly increase their value. And you can also use Amex points for simple redemptions, like cash back or gift cards.
What is 200K Amex points worth?
While 200K Amex points will typically only give you about $2,000 in value when you shop for flights in the Amex travel portal, you can sometimes find Business or First Class flights — that can normally cost over $10,000 — for only 200K points, when transferred to a frequent flyer program.
How much is 100 000 Amex miles worth?
How Much American Express Points Are Worth
| Number of American Express Points | Average Value |
|---|---|
| 100,000 | $670 |
| 90,000 | $603 |
| 80,000 | $536 |
| 70,000 | $469 |
How much is 10 000 air miles worth?
How Much American Airlines AAdvantage Miles Are Worth
| Number of AAdvantage Miles | Average Value |
|---|---|
| 10,000 | $133 |
| 20,000 | $266 |
| 30,000 | $399 |
| 40,000 | $532 |