Is it better to have Dream miles or cash miles?

Generally speaking, AIR MILES Dream Rewards tend to have a higher CPM compared to Cash Miles, but that's only when you're booking flights or vacation packages. Most points collectors agree that if you can get a CPM of 10.5 when making a redemption, you're getting good value regardless of what you're claiming.



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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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Be flexible with travel dates Many portals will let you look at multiple dates at once, so you can compare dates and book when flights are least expensive. Also be aware that some airlines may set blackout dates, during which you can't redeem airline miles for award travel.

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The exact process may vary slightly from Partner to Partner. Typically, while at checkout, show the cashier your AIR MILES Card and let them know you would like to use Cash Miles towards your purchase. You need to spend a minimum of $10 before tax; then every 95 Cash Miles will get you $10 off your purchase.

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Ultimately, deciding whether to redeem points rather than pay cash for travel is a personal choice. You'll get more value by using them for high-priced travel experiences. But if you're a budget traveler who just wants to save a few bucks, use your points for that economy flight or low-category hotel redemption.

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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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Collectors can send any amount of Dream or Cash Miles to another Collector. A fee of $0.15 per Mile applies (this will be waived for AIR MILES for Business Collectors). Select Gift Miles from the Transfer Miles options and a Customer Care Ambassador will help you complete your transaction.

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Travel rewards tend to be worth more than cash back, and some of the best travel rewards currencies can be worth up to 2 cents each or more. However, your redemption value depends on how you redeem your travel rewards.

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Redeeming 909 Dream Miles will get you $100 off, and you'll continue to earn $1 for every $20 you spend on the booking.

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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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