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

ppysr 773 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?

3,429 Comments

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#3421
I have 57K UR points to sell. Brokers, feel free to contact me!
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#3422
Quote from rytheguy View Post :
I have 57K UR points to sell. Brokers, feel free to contact me!
Or contact them.........
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#3423
I highly recommend Eli. Very easy to work with, professional and trustworthy. Over the past month, we have transacted several times. Note that some of these were as a package deal and in other cases special circumstances applied so the rates likely vary from what is currently available.

680k AA 1.15 cents/mile
125k Delta 1.10 cents
62.5k Alaska 1.25 cents
100k BA Avios 0.90 cents
80k BA Avios 0.90 cents
300k Amex 1.275 cents
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#3424
Quote from maxim730 View Post :
Probably around $1600 to $1700
I'll buy them for that
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#3425
How much are UR points going for?
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#3426
An Amex newbie question here for those of you who sold Amex MR points before. Did you all go through the adding AU route? If so do you all have the everyday card? As I have just over 100K from platium card and it looks like it costs $175 to add AU to the card. Thinking about applying for a everyday card but right now the offer is only 10K. Just want to know if there is a better option out there. Thanks.
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#3427
Quote from dealhound123 View Post :
An Amex newbie question here for those of you who sold Amex MR points before. Did you all go through the adding AU route? If so do you all have the everyday card? As I have just over 100K from platium card and it looks like it costs $175 to add AU to the card. Thinking about applying for a everyday card but right now the offer is only 10K. Just want to know if there is a better option out there. Thanks.
Nope...didnt have to add an AU. Go through bruce...he doesnt ask to add an AU.
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#3428
does anyone buy small amounts of miles? I have 20k AA miles I want to sell.
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#3429
Quote from FHRITP View Post :
Nope...didnt have to add an AU. Go through bruce...he doesnt ask to add an AU.
Thank you for the reply! The only problem with Bruce is that he's price is not great. Last I checked he offerred like 1.20 cpp for MR. I am hoping that the 25K everyday deal will come back soon, before my next annual fee hits, which will be in 2 months.
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Joined Jul 2006
Call me Mr. Deals
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#3430
I have about 400,000 Hilton points so is this something I can sell and what would I get for it?

Shahhere
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Mr. Deals
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