BMO Bailed Out Air Miles?
March 10, 2023 was a crazy day for Air Miles collectors. At the beginning of the day, it was announced that LoyaltyOne Co. (which offers Air Miles) had gone into bankruptcy protection. The fear was that member miles would be lost forever!
Later in the day, BMO Financial Group signed a deal to acquire the Air Miles rewards program from LoyaltyOne Co.. As a result, below is a screenshot what we might currently see on the Air Miles website: