Program comparison · Index updated 2026-10-01
Aeroplan vs Air Miles: Air Miles is now Blue Rewards.
The short answer
AIR MILES no longer exists. On June 1, 2026, BMO converted every AIR MILES balance into its new Blue Rewards program at 16 Blue Points per Mile, so the real comparison today is Aeroplan against Blue Rewards. Aeroplan is worth more: 1.9¢ a point on our Index against 0.67¢, because flights booked well can beat its floor, while Blue Points redeem at a fixed rate with no upside. Collect Aeroplan if you'll fly Air Canada or Star Alliance; keep Blue Rewards only for the simplicity of a fixed-value currency.
What happened to AIR MILES
BMO announced in January 2026 that Blue Rewards would replace AIR MILES, and made the switch on June 1, 2026: every Mile became 16 Blue Points automatically, and nothing expired. Blue Points redeem at 1,500 points = $10 (about 0.67¢ each), so a converted Mile is worth roughly 10.7¢, what a Cash Mile was worth before. Over 400 retail partners carried over; Shell left for Scene+. The full story is in our AIR MILES to Blue Rewards guide.
What 50,000 points is worth in each
| Aeroplan | BMO Blue Rewards | |
|---|---|---|
| Easy floor | $500 | $335 |
| Our Standard value | $950 | $335 |
| Strong redemption | $1,400+ | Fixed, no upside |
Aeroplan's range comes from how it's redeemed: partner awards are priced on a fixed distance chart, so a well-booked business-class seat returns far more than the cash-equivalent floor. Blue Points are a fixed-rate currency: every redemption is worth about the same.
Cards that earn Aeroplan
- TD Aeroplan Visa Infinite Privilege · 7.3/10
- CIBC Aeroplan Visa Infinite · 7.0/10
- TD Aeroplan Visa Infinite · 6.9/10
Cards that earn BMO Blue Rewards
Frequently asked questions
Does AIR MILES still exist?
No. BMO replaced AIR MILES with Blue Rewards on June 1, 2026, converting every Mile to 16 Blue Points automatically.
Which is better, Aeroplan or Air Miles?
Aeroplan, for anyone who flies. It's worth 1.9¢ a point on our Index against 0.67¢ for Blue Rewards (the former AIR MILES), and Aeroplan's flight awards can be worth considerably more when booked well. Blue Rewards is simpler: a fixed rate with no award charts to learn.
How much is an Air Mile worth now?
About 10.7¢. Each Mile became 16 Blue Points, and Blue Points redeem at 1,500 = $10 (about 0.67¢ each).
Conversion details from our AIR MILES to Blue Rewards guide (updated September 13, 2026). Values are from The Points Standard Index. Valuations are editorial estimates based on observable redemption pricing, not guarantees: see The Points Standard Index for the basis behind every number.