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OFFICIAL "Where to sell airline miles/credit card points or rewards" THREAD **No buying/selling**

ppysr 757 72 May 22, 2012 at 06:56 PM
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Last Edited by Jabbit March 1, 2016 at 07:02 AM
Just got an AMEX card a few months ago, and now have 75K points with the sign up promo. I was thinking about getting some gift cards with the points and sell the gift cards, but heard some people mentioning Rewards2Cash.com.

I never heard of the website before and their payout rate for points seems to be really good, have anyone used them before?

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Last Edited by oyouno February 19, 2016 at 12:42 AM
There is NO buying/selling in this thread. This thread is specifically for tracking websites/merchants that buy airline miles and credit card points/rewards. There is zero tolerance for this policy. Do you have questions regarding if what you are about to post is allowed? Please read these rules - http://slickdeals.net/f/7522872?v=1

According to reports from various people on here and FW, avoid the buyer "Sellmileage.com"

Understand the risks. You could get your account frozen, and a very threatening e-mail demanding you tell them details about the trip you booked. If that happens, you will get points taken away from you, and possibly your account shutdown. All brokers know this, and few are telling sellers, but have you noticed how some places no longer buy AA miles that used to?

Send an e-mail to all the brokers listed in this thread and tell them what points you have and how much they are paying. The rate for points and demand changes CONSTANTLY. Always bargain with the brokers and try to get a higher price. No deal is done until you get the info on where to transfer the points. Everyone is flaky, both buyers and sellers so accept that this is the norm

Always check the last few pages for recent reports.


Shop around a good starting point is what is listed in the screenshot.

Do not pay much attention to posts from SD users who have very few posts, very few reputation points, and/or just joined very recently who also do not provide the details the their transaction.

It seems the price changes time by time. I attached a different price.

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My approach: I BCC all the brokers and see what responses I get. Whoever is saying what I want to hear/making the best offer/responding promptly is who I go with.


Ray
http://www.mileageforcash.com/
info@mileageforcash.com
Chase quickpay available
May cover (some) paypal fees

Eli
http://www.milesbuyer.com/Home
buyingmiles@gmail.com

Bruce
http://www.buyingmiles.net/
info@buyingmiles.net
brucergoldberg2@gmail.com
May buy AA miles
Chase quickpay may be available

Ethan
http://www.mabrokerage.com/
info@mabrokerage.com

Jack
http://www.themilesbroker.com/
info@themilesbroker.com
jack@themilesbroker.com
Chase quickpay available

Vince
http://rewards2cash.com/
http://rewards2cash.com/index.php...on/contact

Good, but minimal discussion
http://www.themileshub.com/


How are transactions completed? Contact brokers for specific instructions but will vary with each broker/rewards program involved. May included:

1. Membership Rewards: Broker will send you the name of someone to add and their FF info. You have a rep (via chat or phone) add an authorized user to your account and either have the rep transfer the points to their FF account or have them set it up so you can transfer it. It took me 3 reps via chat to finally get it done as some reps are better than others. Confirm transfer, get paid. I haven't had to give up account access and can't see why one would need to. A few days or so later I have a rep remove the person from my account (don't want to raise flags with quick adds/deletes, no confirmation that it will but would rather be safe then sorry). Just as an FYI it seems like you may need a minimum of 75K MR points to catch the attention of brokers. Anything less may require patience or luck.

2. Ultimate Rewards: Broker will send you the name of someone to add and their FF info. Go into your account online if you have the INK + and that person as an authorized user. Transfer points to their FF account and then get paid. Shouldn't have to give up account access with the INK +. Somebody else will have to detail the process for the other Chase branded cards (Sapphire? INK CASH?). A few days or so later I go online and remove the person I added.

3. Mileage Plus: You will either purchase the award ticket as instructed by the broker or give them access to your account (give them your login). Some brokers may be willing to pay you beforehand. Process will vary from broker to broker so see which on they use or negotiate one. Some may also prefer you to have the mileage plus credit card and use that card to pay for award fees & taxes. I assume this is to help give off the impression that it is you buying the ticket.

4. AAdvantage: You will either purchase the award ticket as instructed by the broker or give them access to your account (give them your login). Some brokers may be willing to pay you beforehand. Process will vary from broker to broker so see which on they use or negotiate one. Some may also prefer you to have the AA credit card and use that card to pay for award fees & taxes. I assume this is to help give off the impression that it is you buying the ticket. The market for AAs can be scarce at times because of shutdowns in the past so proceed with caution.

5. SW/Rapid Rewards:Anybody?

6. Delta:Anybody?

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#16
I was hesitant to try rewards2cash, but ended up taking the plunge with their facebook promo (1.3 cents / point) The process was fairly quick. They said they dropped the check off the same day. It took USPS a couple days to deliver to me.

Overall I would do it again. Just wanted to let people know who it went in case you were on the fence.
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#17
Quote from philldo View Post :
I was hesitant to try rewards2cash, but ended up taking the plunge with their facebook promo (1.3 cents / point) The process was fairly quick. They said they dropped the check off the same day. It took USPS a couple days to deliver to me.

Overall I would do it again. Just wanted to let people know who it went in case you were on the fence.
So do they email you when they drop the check off? Sent them my points on sunday but never received an email stating they had sent a check. I was curious as to whether or not they actually notify you via email.
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#18
Quote from avergara4 View Post :
So do they email you when they drop the check off? Sent them my points on sunday but never received an email stating they had sent a check. I was curious as to whether or not they actually notify you via email.
I received several emails. One that they got my points. Then another when they mailed the check.

I think some of the emails ended up in my spam folder. It wouldn't hurt to check.

So far my bank has the check has been accepted.
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#19
I can totally vouch for this site. They're great. I cashed out from Chase UR and he check came in the mail like 2-3 days later.

He actually offered to paypal me the money first before sending the points to him, but I ended up instead just taking the check to avoid fees.
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#20
One more extremely positive review, did this last week and transferred 85k points -- received a check for $1088 in about 3 days. Way better than the $850gc option the AMEX rewards site offered.
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#21
I also used this for Chase UR and received the check in the mail. Totally worth it!
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#22
Wait..you can sell Delta SkyMiles with this site now? NO FARKING WAY.
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#23
Yeah, just wanna add that this site is legit. Cashed 17,500 points and got $218.75. Will do another in a few months.
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#24
Delta and AAdvantage have high transfer fee, making it not worth it?
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#25
Google flighthunter bruce, he gave a much higher rate than rewards2cash.com, and he sent the funds first
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#26
I have 80K SPG points...would I be stupid to cash these out? This website will give me $1,160 for them.
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#27
Since there's no ultimate rewards deals this year I guess I should cash out these points...
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BiG DoGN12 GO HEELS

SlickDeals.net has ruined my life. LMAO
#28
Be careful sending out your Chase UR points now that they have SPECIFIC verbiage stating that points are intended for you or your housemate/partner. Plenty of people in the FF community are getting their accounts shut down because of it.
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#29
So it's a no go on sending Chase UR points? Happen to have quite a few built up and would love to trade at the 1.25 rate but not worth it if they cancel my account because of it.
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#30
Quote from nrdk00 View Post :
So it's a no go on sending Chase UR points? Happen to have quite a few built up and would love to trade at the 1.25 rate but not worth it if they cancel my account because of it.
http://thepointsguy.com/2012/10/i...transfers/
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