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

ppysr 766 75 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?

Community Wiki

Last Edited by dealhound123 May 25, 2016 at 11:23 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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#2971
24 hours ago I didn't even know that "selling points" was a thing that existed. I was about to transfer a bunch of points (520k+) from my AMEX rewards to Amazon at what I thought was the best general deal I could get to spend my points... I think it was .7 to 1.

Fortunately, during my Google research for "best value on amex points" I ran across this world of selling points. And the name that kept coming up over and over again was "Bruce".

I contacted Bruce through BestMilesBrokers.com and got a reply within 10 minutes. Due to my naturally skeptical nature I began my typical vetting process... which borders on being offensive. Bruce passed with flying colors. He responded quickly and professionally to every one of my questions.

And here I am, less than a day later, having sold nearly 500k AMEX points at closer to 1.25 to 1 (possibly your exact rate will vary), with the funds in my Paypal account literally within minutes of me confirming the points transfer out of my AMEX account (which, incidentally, Bruce didn't require access to)

As a small business owner, my most valuable asset is my reputation and I don't hand out referrals or recommendations easily. As far as I am concerned, I will never use anyone else. I am a cheerleader and will make sure that anyone and everyone that I know personally and professionally knows about Bruce.

My hat goes off to a true professional and he gets nothing but my highest praise and thanks.
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#2972
I used Bruce for selling some delta miles, paid me instantly great service. 1.0 cent a mile and I paid PayPal fees. Thanks,
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#2973
Quote from mitchflorida View Post :
I used Bruce for selling some delta miles, paid me instantly great service. 1.0 cent a mile and I paid PayPal fees. Thanks,
How many Delta miles?
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#2974
Quote from mitchflorida View Post :
And really, quibbling about $33 on a $1125 transaction is ridiculous, why make such a big deal about it?
Shoot me a PM; I will give you my PayPal address for you to send that inconsequential $33 to. Roll Eyes (Sarcastic)
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#2975
Quote from JoshMcMadMac View Post :
Shoot me a PM; I will give you my PayPal address for you to send that inconsequential $33 to. Roll Eyes (Sarcastic)

You have a deal. Send me $1125 and I will return you not $33 but $50!
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#2976
Quote from mitchflorida View Post :
You have a deal. Send me $1125 and I will return you not $33 but $50!
That will only cost you 80k points, like it did for me.
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#2977
I just discovered this whole points broker world a few days ago and started emailing all of the brokers here for quotes for many types of points. This thread is a great resource!

I was able to make a few deals with two of the brokers here, and I wanted to vouch for both of them!

I sold a large sum of UR points (200k+) to Bruce, and it was very painless and quick to get the points transferred out and to receive my money. I also sold Bruce some AA points and had a smooth transaction there as well.

I sold a large sum of Amex MR points (300k) to Jack, and it was an easy and great experience there as well.

They both did a very good job of describing exactly what was needed to transfer the points and paid me promptly exactly as advertised. They also dealt with all of my newbie questions and hesitation since I had never done this before. I definitely appreciate their patience as I am sure they are busy.

I would not hesitate to work with either of them again as they held to their word and are trustworthy in my experience. I chose to take the leap of faith based on testimonials here and transfer points first to avoid fees with both brokers and was paid immediately upon confirmation of the transfers.
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#2978
Quote from desertdweller View Post :
I just discovered this whole points broker world a few days ago and started emailing all of the brokers here for quotes for many types of points. This thread is a great resource!

I was able to make a few deals with two of the brokers here, and I wanted to vouch for both of them!

I sold a large sum of UR points (200k+) to Bruce, and it was very painless and quick to get the points transferred out and to receive my money. I also sold Bruce some AA points and had a smooth transaction there as well.

I sold a large sum of Amex MR points (300k) to Jack, and it was an easy and great experience there as well.

They both did a very good job of describing exactly what was needed to transfer the points and paid me promptly exactly as advertised. They also dealt with all of my newbie questions and hesitation since I had never done this before. I definitely appreciate their patience as I am sure they are busy.

I would not hesitate to work with either of them again as they held to their word and are trustworthy in my experience. I chose to take the leap of faith based on testimonials here and transfer points first to avoid fees with both brokers and was paid immediately upon confirmation of the transfers.
Details please. What were you paid per point or overall for 200K UR, etc.?
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#2979
Quote from sloughboy View Post :
Details please. What were you paid per point or overall for 200K UR, etc.?
UR was a little more than 1.42cpp. Amex was 1.25cpp. AA was 1.15cpp for 100k+.
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Joined Aug 2004
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#2980
Just did a transaction with Bruce using 110K Chase UR. He's very quick by email, straightforward and makes the process easy.
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Last edited by CyberGuy February 6, 2016 at 07:57 PM
Quote from Cozz View Post :
I have a $1500 POS on my wall.
#2981
What's the rate for BA Avios? THnx
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#2982
I usually post on the LargePurse.com competitor site, but I got some great info here from you guys, so I wanted to share.

I just sold 100K AMEX MR to Eli at Milesbuyer.com for 1.2 cpp. He was very responsive through e-mail, fast payment via PayPal.
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Joined Nov 2007
L10: Grand Master
6,309 Posts
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#2983
Who else is reliable buyer of amex MR points. I reached out to Bruce. Not getting any response. Would like to see if others are interested.

Thanks
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#2984
Quote from rustum View Post :
Who else is reliable buyer of amex MR points. I reached out to Bruce. Not getting any response. Would like to see if others are interested.

Thanks
If you aren't in a rush, it has been stated Bruce pays the best. He will only contact you when he wants though.
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#2985
Quote from rustum View Post :
Who else is reliable buyer of amex MR points. I reached out to Bruce. Not getting any response. Would like to see if others are interested.

Thanks
I had a great experience with Jack on MR last week. Look above for details.
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