Most travelers ignore Aeromexico Rewards. They see it as a niche program for flights to Cancun or Mexico City. They are wrong.
To a travel hacker, Aeromexico Rewards is a software exploit waiting to be used. It is one of the few remaining programs that offers a distance-based Round-the-World ticket, and thanks to a unique transfer partnership with American Express, it is effectively always “on sale.”
While Delta SkyMiles has removed award charts and embraced dynamic pricing that can charge you 400,000 miles for a business class ticket to Europe, Aeromexico maintains a fixed award chart for partners. If you are willing to deal with a clunky website and a phone call, you can unlock value that simply doesn’t exist in other SkyTeam programs.
What Is Aeromexico Rewards? (The Currency Shift)
Before we touch the strategy, we need to clarify the currency. In 2023, the program rebranded from “Club Premier” to “Aeromexico Rewards.”
Previously, they used “Kilometers,” which made the math confusing for US-based flyers. Now, the currency is Points. The devaluation has already happened, but the math has stabilized. If you read older blog posts referencing “Km,” ignore them. They are obsolete.
How to Earn Aeromexico Points: The Amex Arbitrage
You do not need to fly Aeromexico to earn their points. In fact, flying is the slowest way to earn them. The strategy relies entirely on transferable currencies.
Most airline transfers are 1:1. You transfer 1,000 bank points, you get 1,000 airline miles. Aeromexico is the exception.
| Bank Program | Transfer Ratio | Transfer Time | My Take |
|---|---|---|---|
| Amex Membership Rewards | 1 : 1.6 | Instant | The Winner. This is the only way you should be funding this account. |
| Capital One Miles | 1 : 1 | Instant | Backup option. You lose 37% value compared to Amex. |
| Citi ThankYou | 1 : 1 | Instant | Warning: Transfers end Jan 25, 2026. Use it or lose it. |
| Chase Ultimate Rewards | N/A | N/A | Not a partner. |
The Math:
If you transfer 100,000 Amex Membership Rewards points (which you can get from the current Amex Gold offer), you receive 160,000 Aeromexico Points.
This “inflation” of points is critical. When you see an award flight that costs 160,000 Aeromexico Points, your actual cost is only 100,000 Amex points. This effectively discounts every redemption by 37.5%.
If you are holding a Platinum or Gold card, this is where you need to check what your Amex Membership Rewards points are worth before moving them. In this specific case, the arbitrage often creates values exceeding 2.0 cents per point.

The Strategy: How to Redeem for Maximum Value
There are two ways to use these points: the “Easy Way” (bad value) and the “Hard Way” (incredible value).
1. Avoid Dynamic Pricing on Aeromexico Metal
Like Delta and United, Aeromexico uses dynamic pricing for its own flights. A one-way Business Class ticket from Mexico City to Paris can cost anywhere from 150,000 to 300,000 points depending on demand.
The Math:
If you pay 180,000 points for a $3,000 flight, you are getting ~1.6 cents per point (Aeromexico currency).
In Amex terms (divide by 1.6), you spent 112,500 Amex points. That is roughly 2.6 cents per Amex point. It’s acceptable, but not amazing.
2. The Sweet Spot: SkyTeam Partner Awards
Aeromexico maintains a region-based award chart for partners like Air France, KLM, Korean Air, and Virgin Atlantic. This is where the value hides. SkyTeam partners often have better availability than you might expect if you know where to look.
Key Rules:
- You cannot mix cabins (must be all Economy or all Business).
- You must book round-trip to get the best pricing (one-ways are allowed but pricing can be weird).
- Fuel surcharges (YQ) are passed on. Avoid Air France/KLM out of high-tax airports if possible.
3. The “Unicorn” Redemption: Round-the-World (RTW) Pass
This is the single best use of Aeromexico points. It allows you to circle the globe on SkyTeam airlines for a fixed price.
RTW Pricing Structure
- Economy Class: 224,000 Aeromexico Points (140,000 Amex Points)
- Business Class: 352,000 Aeromexico Points (220,000 Amex Points)
The ROI Calculation:
A typical paid Round-the-World Business Class ticket costs between $8,000 and $12,000.
If you redeem 220,000 Amex points for a $10,000 ticket:
$10,000 / 220,000 = 4.5 cents per point.
That is nearly 5x the value you would get using points for cash back, and double the industry standard for a “good” redemption.
RTW Rules (The Fine Print):
- Travel must be Eastbound or Westbound (no backtracking).
- Start and end in the same country.
- Minimum 3 stopovers, maximum 15 stopovers.
- Max 5 stops per continent.
- Valid for 1 year from the date of issue.
Step-by-Step: How to Book (Because the Website Won’t Work)
If you try to book a complex partner itinerary on Aeromexico.com, it will likely error out. You need to act like a travel agent.
Step 1: Find Availability Elsewhere
Do not search on Aeromexico first. Their search engine often hides partner space. Instead, use:
- Flying Blue (Air France/KLM website): Best for checking availability to Europe.
- Delta.com: Good for a quick calendar view, but ignores some partners.
- Virgin Atlantic: Reliable for direct flights.
Write down the flight numbers, dates, and times for every segment where you find “Saver” level award space. If Delta wants 300k miles for it, Aeromexico won’t see it. You need the lowest tier availability.
Step 2: Calculate the Taxes
Aeromexico passes on “Carrier Imposed Surcharges.” Before you commit, check the tax breakdown on the Flying Blue site. If you see $800 in fees, Aeromexico will charge you that same $800. Read our guide on how to avoid airline fuel surcharges to understand which carriers (like Korean Air or Delta) might be cheaper.
Step 3: Call the Call Center
You cannot book the RTW pass online. You must call.
- US Number: 1-800-237-6639
- Mexico Number (Often better English speakers): +52 (55) 5133 4000
Warning: The Transfer Delay Risk
Amex transfers are usually instant, but if your accounts don’t match exactly (e.g., “Michael” vs “Mike”), it can trigger a security review taking 24-48 hours. Since award space changes by the minute, ensure your name on your Aeromexico account matches your Amex account exactly before initiating the transfer.
If you are new to this ecosystem, read our Beginner’s Guide to Airline Alliances to understand how SkyTeam inventory works compared to Star Alliance.
Conclusion: Is It Worth It?
If you are booking a simple flight from New York to Mexico City, stick to Delta or cash. But if you are planning a multi-stop global adventure or a long-haul Business Class trip on SkyTeam metal, Aeromexico Rewards is a powerhouse.
The math is undeniable: 220,000 Amex points for a Round-the-World Business Class ticket is one of the top 5 redemption sweet spots currently available in the travel world. The friction of calling the contact center is the “price” you pay for saving thousands of dollars.
Frequently Asked Questions
Do Aeromexico points expire?
No. As of late 2023, Aeromexico Rewards points no longer expire as long as your account remains open. You do not need qualifying activity to keep them alive, which is a significant improvement over the old rules.
Can I book Delta One flights with Aeromexico points?
Yes, but availability is extremely rare. Delta creates “Saver” level award space for partners very sparingly. If you see a Delta One seat available on Virgin Atlantic’s or Flying Blue’s website, you can book it with Aeromexico points. If you only see it on Delta.com, it is likely exclusive to SkyMiles members.
Does Aeromexico charge fuel surcharges on award tickets?
Yes. Unlike Avianca or United, Aeromexico passes on carrier-imposed surcharges. This can be expensive for airlines like Air France or KLM (often $200-$400 per segment). Flights on Delta or Aeromexico metal typically have lower surcharges.
What is the best credit card to earn Aeromexico points?
The American Express Gold Card is the best choice. You can currently earn a welcome offer of 100,000 Membership Rewards points (which converts to 160,000 Aeromexico points). Because Amex points transfer at a 1:1.6 ratio, earning 4x points on dining with the Amex Gold is effectively earning 6.4 Aeromexico points per dollar spent.
