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How Air Miles Works in Canada 2026: Cash Miles vs Dream Miles Explained

Updated

Air Miles is one of Canada’s original coalition loyalty programmes — launched in 1992, it predates Aeroplan by several years. Unlike single-issuer programmes, Air Miles is a coalition: you earn miles at dozens of retail partners by presenting your Air Miles card or app at checkout, regardless of which credit card you use to pay.

The programme has two distinct mile types — Cash Miles and Dream Miles — which operate differently and deliver very different values.


Cash Miles vs. Dream Miles

Air Miles members have two separate mile balances:

FeatureCash MilesDream Miles
Primary useInstant discount at retail partnersFlights, travel, merchandise, entertainment
Value per mile~10.5¢ (95 Miles = $10)~0.7–1.5¢ (variable by redemption)
Redemption locationAt participating retail checkout (Shell, Metro, Rexall, etc.)Through Air Miles online portal
Minimum redemption95 Cash Miles = $10Varies by redemption
SimplicityVery highMedium-high

By default, most Air Miles members’ miles accumulate as Dream Miles. To activate Cash Miles, you must opt in through your Air Miles account — you then specify what percentage of earned miles should be allocated to Cash vs. Dream.

For a full breakdown, see: Air Miles Cash vs. Dream Miles


Where to Earn Air Miles in Canada

Retail Partners (by scanning Air Miles card/app)

Air Miles’ network of retail earn partners varies by province. Major national partners include:

PartnerCategoryEarn Rate
ShellGasVaries; see Air Miles app
RexallPharmacy & drugstoreVaries by purchase
Home DepotHome improvementPeriodic bonus events
MetroGrocery (Ontario, Quebec)Varies by purchase
IGAGrocery (Quebec, B.C.)Varies by purchase
SobeysGrocery (Atlantic Canada)Varies by region

Partners, earn rates, and regional availability are subject to change. Always verify your local partners through the Air Miles app before shopping.

Important: Unlike Aeroplan (which has 100+ earn partners) or PC Optimum (which covers all Loblaws-owned banners), Air Miles’ retail network is more limited and regional. If your local grocery store or gas station is not an Air Miles partner, in-store earning may not be available without a credit card.

Air Miles Credit Cards

Credit cards are often the most reliable way to accumulate Air Miles across all your spending:

CardAnnual FeeKey Earn Rates
BMO Air Miles World Elite Mastercard$1203 Air Miles per $12 eligible travel & dining; 2 per $12 elsewhere
BMO Air Miles World Mastercard$1202 Air Miles per $12 on groceries & drug; 1 per $12 elsewhere
BMO Air Miles Mastercard$01 Air Miles per $12 on most purchases
Amex Air Miles Card$651 Air Mile per $10 at eligible grocery & drug; 1 per $15 elsewhere
TD Air Miles Visa Gold$391 Air Mile per $1 at participating Air Miles partners; 1 per $7.50 elsewhere

All earn rates and fees are subject to change. Verify with each issuer before applying.

Flying with Air Canada or WestJet

Air Miles partners with Air Canada and WestJet for flight earning. Earn rates depend on the fare class purchased and the route. Dream Miles are typically earned on eligible flight bookings.


How to Redeem Air Miles

Dream Miles — Flights

Book flights through the Air Miles portal or by calling Air Miles. Available on Air Canada, WestJet, and other carriers. The Dream Mile cost of a flight varies by route, date, and availability.

Approximate Dream Miles value for flights: 0.7–1.5 cents per mile depending on the route and booking. Verify the current Dream Miles cost for your desired flight at airmiles.ca.

Dream Miles — Hotels, Car Rentals, Merchandise

Hotel and car rental redemptions through the Air Miles portal. Value per Dream Mile varies. Merchandise redemptions (electronics, gift cards, retail items) typically deliver the lowest Dream Mile value.

Cash Miles — Retail Redemptions

Redeem Cash Miles at participating retail locations at checkout:

  • 95 Cash Miles = $10 off your purchase (approximately 10.5¢ per Cash Mile)
  • Available at Shell, Rexall, Metro, IGA, and other participating partners
  • Instant redemption — no portal booking required

Cash Miles deliver a fixed, predictable value comparable to Scene+ and PC Optimum’s 1¢/point structure (at 10.5¢/mile for retail purchases).


Air Miles vs. Aeroplan vs. Scene+

FeatureAir MilesAeroplanScene+
Programme typeCoalition (retail partners + credit cards)Airline + partnersBank + grocery coalition
Best earn sourceIn-store at Shell, Metro, RexallCredit card spending (TD, CIBC) + Air Canada flyingIn-store at Sobeys + Scotiabank cards
Cash Miles value10.5¢/mile (retail)N/A1¢/point
Dream Miles value0.7–1.5¢/mile (flights)1.5–4.5¢/point (premium cabin)1¢/point
Transfer to airlinesNoIs an airline programmeNo
SimplicityMedium (two mile types)Medium-highHigh
Best forShell + Metro + Rexall shoppersAir Canada / Star Alliance flyersSobeys / Cineplex / Scene ecosystem

Is Air Miles Still Worth It?

Air Miles remains worthwhile for Canadians who:

  • Regularly fill up at Shell gas stations (earn Cash or Dream Miles per litre)
  • Shop at Metro (Ontario/Quebec) or IGA (Quebec/B.C.) as their primary grocery store
  • Use Rexall as their pharmacy
  • Prefer Cash Miles for predictable instant-discount value

Air Miles is less competitive for:

  • Travellers seeking premium cabin redemptions (Aeroplan and Amex MR deliver 3–5× the Dream Mile value)
  • Grocery shoppers at Loblaws (PC Optimum is far better) or Sobeys chains (Scene+ is better)
  • Anyone who doesn’t live near Air Miles earn partners

Air Miles FAQ

How does Air Miles work? Earn Cash or Dream Miles at partner retailers (Shell, Metro, Rexall, etc.) and through Air Miles credit cards. Redeem Cash Miles for instant discounts at retail; Dream Miles for flights and travel.

What is the difference between Cash and Dream Miles? Cash Miles: 95 = $10 at retail checkout (fixed 10.5¢/mile). Dream Miles: variable value for flights, hotels, and merchandise.

Do Air Miles expire? Yes — 5 years after the date earned. Check your account for expiry dates.

What credit card earns Air Miles? BMO Air Miles World Elite Mastercard (best for high earners), BMO Air Miles World Mastercard, BMO Air Miles Mastercard, Amex Air Miles Card.

Is Air Miles still worth it? Yes, for Shell and Metro/IGA shoppers. For general travel redemptions, Aeroplan and Amex MR deliver higher value per mile/point.


Air Miles programme terms, partner earn rates, and redemption values are subject to change. Verify at airmiles.ca and with each card issuer before making decisions.