Are AIR MILES being cancelled?
Are AIR MILES being cancelled? On 10 March 2023, Air Miles' owner filed for bankruptcy in Canada, and Chapter 11 bankruptcy in the US, and entered in to purchase agreement with Bank of Montreal, with the acquisition being completed on 1 June 2023.
Is Amex getting rid of AIR MILES?
American Express has announced that it will end its partnership with Air Miles. As of September 30, 2023, all Air Miles co-branded credit cards will be discontinued, and cardholders will be transitioned to a card that earns American Express Membership Rewards instead.
What airline miles never expire?
Frequent flyer miles earned from the following major domestic airlines do not expire: Delta Air Lines SkyMiles, JetBlue TrueBlue, Southwest Airlines Rapid Rewards, United Airlines MileagePlus. Other airlines, including American and Alaska, have varying mileage expiration policies and ways to keep your miles active.
Who is taking over AIR MILES?
BMO has completed its acquisition of Air Miles from the defunct Loyalty Ventures Incorporated. This is an enormous purchase of a famous loyalty brand for the Bank of Montreal, and came with a price tag of $160 million (USD).
Why are my AIR MILES retired?
Your AIR MILES Account will be considered dormant if you have not collected, used, bought or transferred at least one Mile for 24 consecutive months or longer.
How do I keep my air miles from expiring?
- What is Account Activity? ...
- Use an Airline Credit Card. ...
- Purchase Something Online. ...
- Buy a Magazine or Newspaper Subscription. ...
- Use Your Miles to Book an Award. ...
- Travel with Airline and Hotel Partners. ...
- Research Past Trips. ...
- Buy Miles.
What are the disadvantages of AIR MILES?
On the downside, airline-specific cards will often limit your ability to shop for the lowest-cost ticket because you are only earning and redeeming rewards with a single carrier. Sometimes, the rewards can be redeemed at more favorable rates, especially during off-peak travel times.