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

ppysr 781 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 Copperblade September 19, 2016 at 02:32 PM
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/
http://bestmilesbrokers.com
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?

3,567 Comments

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#3556
what's going rate for 65k points for chase?
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#3557
Just dealt with Bruce. Very smooth transaction. Sold 134k MR for $1740. After paypal fees, it worked out to be 1.25 cpp. Highly recommended.
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#3558
How much should i expect for 105,000 chase UR? Lookin to sell 4 cash
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Last edited by Switching2Geico September 14, 2016 at 09:52 PM
#3559
Completed a 140k Amex transfer with Eli, was painless. Received $1.30 per point before paypal fees. Received payment up front and a few days later received instructions to follow to complete the transfer. Communication was almost immediate each email and conversations were clear. I definitely recommend and I'll be a return user. Bruce quoted nearly the same price prior to going with Eli. Went with Eli because he followed up following the quote, no regrets.
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#3560
Quote from Switching2Geico View Post :
How much should i expect for 105,000 chase UR? Lookin to sell 4 cash
Last week I got 1.45 from Bruce for 101K , Eli offered 1.25.
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#3561
Quote from Switching2Geico View Post :
How much should i expect for 105,000 chase UR? Lookin to sell 4 cash
I wouldn't sell UR points for less than 1.5 plus buyer pays paypal fees.
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#3562
Quote from whitedudesuper View Post :
Should I sell for 1.5 cents per point or AMEX MR points?

and 1.6 cents per point for SPG points?

Is that fair or should I hold out and negotiate further?

Anybody get higher rates than that lately for MR or SPG points??

Thanks in advance!
Hi, I also have spg points to sell. Do you know where can I sell the points?
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#3563
Quote from wuying View Post :
Hi, I also have spg points to sell. Do you know where can I sell the points?
Wow, who is offering 1.6 for SPG? I have some to offer...
Reply Helpful Comment? 0 0
#3564
New to this .. first time selling.. I see a bunch of people have quoted rates for Chase UR. but Whats the safest way to sell Chase UR points when dealing with brokers without getting flagged by Chase ?
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#3565
Just sold 47k Citi Thankyou points to Ethan with MA Brokerage. I was a bit wary of the whole process, seemed like it would be easy to get cheated but it was just as easy as redeeming the points for gift cards and had a slightly better return. Maybe I could have come across a better rate if I had shopped around but I got more than I would have with redeeming them for home depot cards and I didn't have to wait for the cards in the mail. I would gladly do business with him again.
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#3566
Quote from ThomasD3603 View Post :
Just sold 47k Citi Thankyou points to Ethan with MA Brokerage. I was a bit wary of the whole process, seemed like it would be easy to get cheated but it was just as easy as redeeming the points for gift cards and had a slightly better return. Maybe I could have come across a better rate if I had shopped around but I got more than I would have with redeeming them for home depot cards and I didn't have to wait for the cards in the mail. I would gladly do business with him again.
What was the rate you sold for? bounce
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#3567
Sold 110k United miles to Bruce for 1340. Bruce is super fast and easy to work with.
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#3568
Do they buy travel certs? Have a bit of credit on Alaska and I can't seem to use so trying to find an alternative to it just dying. Not willing to sell on ebay or any advertising as I dont want to risk loss of account.
Reply Helpful Comment? 0 0
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