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How do I convert my airmiles to cash rewards?

Sign in and select set balance preference under your AIR MILES Cash and Dream Account balances. You can set up or change the balance preference for Miles you get by moving the slider from 0% to 100%, towards either your Cash or Dream Accounts.



Converting air miles to cash is a popular way to "de-risk" a loyalty balance, though it usually offers a lower "value per mile" than booking a flight. In 2026, most major programs offer two main paths: eVouchers or direct statement credits. For programs like Air Miles (Canada), the system has been simplified into a single balance where you can redeem 95 miles for $10 off at participating retailers like Shell or for eVouchers at brands like Amazon. For airline-specific miles (like Delta SkyMiles or United MileagePlus), you can often use your miles to "pay" for a portion of your flight ticket at checkout, which is essentially a cash-offset. Another option is using the airline’s online shopping portal to buy gift cards for retailers like Starbucks or Home Depot. Some high-end credit cards also allow you to "Erase Purchases" by applying miles to your statement at a fixed rate (usually 1 cent per mile). While you can sell miles to third-party "mileage brokers," this is strictly against airline terms and can result in your account being permanently banned.

Converting air miles directly to cash is usually not straightforward, as most loyalty programs are designed to encourage travel redemptions rather than cash-outs. However, there are several indirect methods and exceptions. Here’s a breakdown of your options:

1. Check Your Program’s Specific Rules

First, log into your frequent flyer account (e.g., Delta SkyMiles, American AAdvantage, United MileagePlus, Air Canada Aeroplan, etc.) and look for: - “Miles to Cash” or “Pay Yourself Back” features (some programs offer this for statement credits on co-branded credit cards). - Gift card redemptions (often for retailers, which can function like cash for expenses). - Charity donations (not cash for you, but a way to use miles if you can’t travel).

2. Use Co-Branded Credit Card Benefits

Many airline credit cards (e.g., Chase United, Amex Delta) allow you to: - Redeem miles for statement credits against travel purchases or specific categories. - Use “Pay Yourself Back” features (like Chase Ultimate Rewards partners) where points/miles can offset purchases at a fixed rate.

3. Sell Miles (Caution: Often Against Program Rules)

Several third-party websites (like Points.com, MileageBrokers, or online marketplaces) allow you to sell miles. However: - This is prohibited by most airline terms of service. If caught, your account may be frozen and miles forfeited. - Risk of scams is high—both for sellers and buyers. - You’ll typically receive less than 2 cents per mile (often far less), which is usually poor value compared to premium flight redemptions.

4. Book Travel for Others & Get Reimbursed

  • Use your miles to book a flight/hotel for a friend or family member, and have them pay you cash. This is often allowed (programs usually permit booking for others), but check rules on “gifting” awards.
  • Be aware of change/cancellation policies, as award tickets may have restrictions.

5. Convert to Transferable Points (If Possible)

If your miles are in a flexible program like American Express Membership Rewards, Chase Ultimate Rewards, or Capital One Miles

People Also Ask

Summary of if 20,000 Miles is Worth it? For the most part, 20k miles are worth from $200 to $300 in award flights with credit card rewards programs.

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Most credit cards that allow you to earn flexible travel points also have a travel portal where you can redeem your points. You simply log in to your account online, visit the travel portal and start shopping for the trip you want to take.

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Cash Miles can only be used for in store discounts or cash vouchers, while Dream Miles are used for Air Miles Dream rewards (everything else). Once a mile is earned in either category, it cannot be transferred to the other.

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We sampled flight awards available with U.S. carriers and found that consumers need between about 8,000 and 57,000 miles to get a free one-way coach flight. Free flights in business or first class start at around 25,000 miles and climb to well over 150,000 miles one-way.

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  • Traveling with points and miles.
  • Use rewards for premium flights.
  • Book luxury hotels closer to home.
  • Consider low-category extended stays.
  • Find deals on peak travel.
  • Travel during off-peak seasons.
  • Look for sweet-spot redemptions.
  • Redeem for good-enough value.


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Key takeaways. Cash back credit cards are generally the better choice if you want to earn simple rewards on your regular purchases. A points or miles card may be a better option if you travel often or want to start earning travel rewards on your purchases.

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We found the average airline mile to be worth around $0.014, with AAdvantage offering the highest value and Southwest and United offering the most user-friendly rewards. The average airline mile across major U.S. companies is worth $0.014.

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50,000 American Airlines miles are worth about $645, which is the equivalent of at least one round-trip flight between New York and Los Angeles on American Airlines.

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25,000 United miles are worth an average of $297.5, according to WalletHub data. You will get the best value for your United MileagePlus miles when you redeem them for Travel, but there are multiple redemption options.

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As you can see, 40,000 frequent flyer miles can be enough to book a round-trip to the mainland United States, Hawaii, or a tropical beach in the Caribbean or Mexico. It's also enough points to at least get a one-way fare to Europe or upgrade to business class.

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As of April 10, 2023 American Express Air Miles credit cards have been discontinued and are no longer available to new applicants. These credit cards include: American Express Air Miles.

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