It’s Over: Air Miles Is BANKRUPT

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  • Опубликовано: 13 мар 2023
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    The long awaited demise of Air Miles is finally here!
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Комментарии • 79

  • @PrinceofTravel
    @PrinceofTravel  Год назад

    Want to level up your travel game? Join us at the Prince of Travel Signature Event Vancouver 2023! Get your tickets now: princeoftravel.com/events/vancouver-2023

  • @speedendurance
    @speedendurance Год назад +27

    back in the days, we called it Air Inches.

  • @peterhsu-jt9sr
    @peterhsu-jt9sr Год назад +4

    BMO Group is planning to purchase Air Miles programs.

  • @nonsensechannel182
    @nonsensechannel182 Год назад +28

    The cash vs dream split was what killed it

    • @mclovin5199
      @mclovin5199 Год назад +1

      AGREED

    • @smallmj2886
      @smallmj2886 Год назад +3

      I disagree. The cash option was the only thing that made Air Miles useful at all. The dream miles were so devalued that they were completely useless for travel, especially since they would expire before you could earn enough to do go anywhere.

    • @nonsensechannel182
      @nonsensechannel182 Год назад +1

      @@smallmj2886 I think you're missing the point. You think it was okay for them to just say "fuck it" on the dream miles and start an alternative points system?

    • @smallmj2886
      @smallmj2886 Год назад +1

      @@nonsensechannel182 My point is that the dream miles had already become so completely useless for redemption that I was glad to get the cash alternative. The fact that you couldn't transfer was frustrating, but I would rather get $10 off groceries than $0 savings on flights.

  • @echo.charlie
    @echo.charlie Год назад +18

    Air Miles shot themselves in the foot, this failure is all on them. I’m still bitter from being forced to redeem all my Air Miles in 2016 before the gov’t forced them to backtrack on expiring points. I stopped using Air Miles after that, focused on other loyalty points and haven’t looked back.

    • @WowRixter
      @WowRixter Год назад

      I 'bought' useless trinkets in 2016. What a pathetic organization

  • @matthewchau2481
    @matthewchau2481 Год назад +5

    No loss, that program was the hardest to gain. Points and the partners they had when they were in their prime suck. Long live aeroplan! Even if you can't redeem for flights there are so many more options to make use of the points there.

  • @jayzee316
    @jayzee316 Год назад +8

    I had airmiles for a minute, used it for shell and redeeming for gas, but quickly realized it was a really bad program in terms of ROI so ditched it

  • @vladimirad
    @vladimirad Год назад +8

    It’s only value for me has been for gas at Shell but damn it’s so hard to just get general pts. Almost jumped on the recent BMO Air Miles promotions but aside from gas it was so hard to see other uses. Dream/Cash split is terrible too.

    • @torontoterry
      @torontoterry Год назад +1

      i travelled to europe 8X for 2 free

  • @Pulpswo
    @Pulpswo Год назад +2

    When I looked into airmiles it just wasn't attractive enough. I don't know what these millions of Canadaians were looking at...

  • @daleschreyer6982
    @daleschreyer6982 Год назад

    Good work Ricky...very informative

  • @cdnmetelhead4013
    @cdnmetelhead4013 Год назад +3

    I loved Air Miles. It took only 10 years of earning points. Finally had enough points to get a no name Bluetooth speaker. Woohoo.

  • @RyanGoolevitch
    @RyanGoolevitch Год назад +1

    This message brought to you by the cool kids at Aeroplan. 😆

  • @WowRixter
    @WowRixter Год назад

    As a loyalty program they suck. Customer service was non-existent, and the partners dwindled to just about nothing. I'm glad I spent my 6000 points in November. I could see the writing on the wall

  • @jimderlatka
    @jimderlatka Год назад

    Your points are good

  • @galactikbutterfly
    @galactikbutterfly Год назад

    Well said very well done , I am not canadian … I enjoy your reviews and vicariously enjoy first class flights

  • @codynewton5652
    @codynewton5652 Год назад +2

    I stopped going to shell because I don't like paying more for gas than every other gas station. If I know I'll be heading to a certain area that I know has cheap gas I will put 10 or 15 dollars in to last until I go there. Otherwise I go to Costco. Either way I save 8 to 12 cents a liter.

  • @RickSchwartz-wl6oc
    @RickSchwartz-wl6oc Год назад +1

    Get your facts right: It’s not bankrupt, it’s in creditor protection (yes, there is a difference) and in all likelihood miles will for the indefinite future still be worth the same as they were last week.

  • @balexic
    @balexic 6 месяцев назад

    Oh darn! I never managed to save up and get that first class ticket from Scarborough to Mississauga!
    I was about 100 years away from reaching my goal! 😅😂😅😂😅

  • @RedDestroyer4
    @RedDestroyer4 Год назад +2

    The airmiles name has been so tainted that I have a feeling it might be rebranded.

  • @otakuyakishow
    @otakuyakishow Год назад +2

    Air Miles is split into cash and dream, which is why is it not good anymore

    • @torontoterry
      @torontoterry Год назад

      they created that split when they cash was introduced to keep collectors from cashing out worthless dream miles, like forget about them & start earning cash miles. Whoever at Air miles decided that Dream miles cant be spent like cash is an idiot It seems like its forcing all collectors to go online to manage their acct

  • @MaMachineXX
    @MaMachineXX 11 месяцев назад

    Now Air Miles downgrades further value of points: hotels rooms charged per person not by room

  • @donzoboy
    @donzoboy Год назад

    I collect for travelling purposes. Going to the Caribbean for half price or almost completely free is awesome. Love and will keep supporting it

  • @CaptArgo24
    @CaptArgo24 Год назад

    I remember them from that marketplace investigation

  • @waynedewho
    @waynedewho Год назад

    I just ordered a coffee maker just now. BMO took it over.

  • @michaelmoore9739
    @michaelmoore9739 Год назад

    great content and hair.

  • @SteepVisions
    @SteepVisions Год назад

    Debt servicing cost went up at an unexpected rate. If it wasn't for that they would've been fine

  • @thomasmorison7313
    @thomasmorison7313 Год назад +1

    Air Miles was the worst rewards program in Canada. Aeroplan for the win

  • @smallmj2886
    @smallmj2886 Год назад +3

    I don't see many places left to earn Air Miles. Some gas stations, but not much else. I guess they could transition to be the main BMO rewards system, but other than that they became irrelevant when they lost their grocery partners.

    • @JillM1000
      @JillM1000 Год назад

      Metro/Loblaws still gives air miles

    • @smallmj2886
      @smallmj2886 Год назад

      @@JillM1000 Metro only exists in Central Canada, and Loblaws give PC Optimium points (at least where I live).

    • @JillM1000
      @JillM1000 Год назад

      @@smallmj2886 oh, I see, good to know, there's a metro where I live now, but not where I'm moving to. Thanks.

  • @Mattey55
    @Mattey55 Год назад

    I wanted a Roomba, they offered it online, and then 6 months later when i got enough points, they stopped offering the Roomba, and offered Roomba knockoff. How can i earn and burn when airmiles is run by Bozos.

  • @tidy
    @tidy Год назад

    Aeroplan is devalued their points over the years.

  • @johnnyv5995
    @johnnyv5995 Год назад +2

    Looking forward to see What & How BMO will revive AirMiles - a rebrand? - will they simply turn it into a points card like RBC - Avion? No doubt AirMiles lost its appeal years ago

    • @kimblem.w9952
      @kimblem.w9952 Год назад

      Problem is I don't bank with RBC or use any of their credit cards so now I'm wondering if I should spend my Air Miles before its too late

  • @ktanner438
    @ktanner438 Год назад +2

    BMO and Air Miles: Dumb and Dumber

  • @kumarshanita93
    @kumarshanita93 Год назад

    But then you see the new scene card and realize you don't even get 1 point per $ unless you get a new banks credit card or purchase what the store is having extra of. So dissapointed Safeway got rid of airmiles, guess I'll shop at different stores now which have better loyalty.

  • @samt0rx
    @samt0rx Год назад

    Alaska deval today as well

  • @CC-jy4gr
    @CC-jy4gr Год назад

    Good by dear prince

  • @dazone
    @dazone Год назад

    Airmiles in Canada is a joke...it took me almost like 8 years to buy a blender.

  • @noman266
    @noman266 Год назад +1

    Even Shoppers Drugmart's point has more value than Air Miles. Good luck BMO, you bought a dead fish.

    • @bobchan1666
      @bobchan1666 Год назад

      Well, like the RUclipsr said, bmo has many airmiles branded cards. It won’t look good to the bank if they go under. BMO probably paid chump change to buy it.
      This 10M collector figures are super inflated. Most are like me has the card left in the drawer forgotten.

  • @warsongtristan6649
    @warsongtristan6649 Год назад

    Do you think we see killer BMO airmiles cards come out? BMO pushes bmo rewards now so will they pivot?

    • @janeking4059
      @janeking4059 Год назад

      Had BMO AIR MILES REWARD FOR YEARS ..BACK IN THE DAY... BELIEVED IT WENT UNDER. Long time ago... filed card in the garage.... since

  • @yixiangharry
    @yixiangharry Год назад +1

    Good that I never got into air miles

  • @freecloudfish
    @freecloudfish Год назад

    any new updates since 2 months ago?

  • @vincentroy87
    @vincentroy87 Год назад

    We need a checking account video my boy

    • @caseymoney
      @caseymoney Год назад

      Use Tangerine or Simplii, that's all you need

    • @Varekai0723
      @Varekai0723 Год назад +1

      @@caseymoney EQ Bank.

    • @caseymoney
      @caseymoney Год назад

      @@Varekai0723 EQ isn't bad and pays better rates in a HISA than the big 5 but still not competitive with others like Saven. Also EQ is more of a savings than a chequing

  • @fuzzymango8204
    @fuzzymango8204 Год назад

    Trying to book a flight to Vancouver in the summer. Is it better to straight up use my amex/air miles point or should I convert them into aeroplan points and then redeem them?
    I've been trying to book flights online using the amex platform and it says I'll need to pay 40,000 points + 157$ for 2 people? What is up with that? It's even worse for air miles at 257$ for 2 people.
    Please help a travel noob out

    • @torontoterry
      @torontoterry Год назад

      aeroplan costs too much

    • @fuzzymango8204
      @fuzzymango8204 Год назад

      @@torontoterry that's good to know. What's up with extra charges though? Like I thought if I use my points, I wouldn't have to pay for my airplane ticket?

    • @torontoterry
      @torontoterry Год назад

      on this years trip because i have mc world elite my ticket cost is 25% less miles was totally paid by air miles. My other card, Amex has a companion credit of 1700 air miles added to the balance that paid for her ticket minus the taxes of 500$ but a big saving of$3,000

  • @browneyes-nm7fi
    @browneyes-nm7fi Год назад +1

    Air miles is still there BMO bought them

  • @CerealforProtein
    @CerealforProtein Год назад +2

    I could be wrong but i don't think they got a taxpayer subsidy to stay afloat like Air Canada/Aeroplan did. Free-market companies can't compete with essentially an indomitable cash-pinata, that is the taxpayer subsidy.

  • @JillM1000
    @JillM1000 Год назад

    Is RBC Avion good?

  • @kascnef
    @kascnef 8 месяцев назад

    Look at sky miles

  • @joelfranks459
    @joelfranks459 Год назад

    Amen 0:29

  • @peterpaulharnisch
    @peterpaulharnisch 4 месяца назад

    No it’s not!

  • @RetroWinnipeg
    @RetroWinnipeg Год назад

    Actually, the 7-year expiration policy was first announced in 2009.
    I'm only sorry that so many rebel idiots pleaded ignorance to that long-announced change.

  • @wheezermacdonald2789
    @wheezermacdonald2789 5 месяцев назад

    Air Miles is a loyalty program where only its members have remained loyal. I have collected many tens of thousands of miles over my many, many years of being loyal and making it my business to patronize Air Mile's partners for a specific reason only to be stabbed in the back by this thoughtless, careless and incompetently led disloyal loyalty program. This piece of crap program is not what I or anyone else signed up for. I have yet to look into what the Scene Program has to offer but it has GOT to be better than the giant turd air miles has become.

  • @infinitejustice2991
    @infinitejustice2991 Год назад +2

    I gave upon Airmiles years ago.

  • @tidy
    @tidy Год назад

    Air miles loyalty program is a joke! I dropped them many years ago!

  • @jimderlatka
    @jimderlatka Год назад

    Nontheybare not bankruptcy thenparent company went bankruptc airmiles is alive either no changed andnis being bought by bmo

  • @stevenchow408
    @stevenchow408 Год назад

    Cash is king