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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?

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#61
Does anyone know how Delta skymiles are transferred?
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#62
Quote from 69ragtop View Post :
Does anyone know how Delta skymiles are transferred?
I do actually. I backed out, transferring my miles once I understood what he had to do. I trust this company, but not THAT much.

Basically I was told that they would need access to my SkyMile account..change the password if necessary etc. I was okay with that, what I WASN'T okay with was that he said he needed pretty much unlimited access to my Delta account (ie so he could log in and buy tickets at anytime, for his customers is what I was told), for like 2 months.

Considering that I had my Delta Skymiles Amex Plat. and all kinds of info. in my Delta account, I respectfully declined.

I was okay if he only needed for maybe a few minutes, maybe a day, but 2 months was way out of the question, when you could literally change anything and do anything with your Delta account.
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#63
Don't mean to hijack, but I recenty used GetPeyd.com (for United miles) - I asked here on the boards about them cause they are not nearly as known as Rewards2Cash. But everything went smoothly - and they only needed access to my account for a couple of days (I got paid in about a week.)
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#64
I don't see for BA miles?Anyone sold BA file to this site or any other site?
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#65
Quote from imjosh View Post :
Google flighthunter bruce, he gave a much higher rate than rewards2cash.com, and he sent the funds first
Thank you for dropping this info. I looked Bruce up and spoke to him on the phone. There is a lot of TRUST that needs to be in place so if you're not comfortable then don't do these types of deals. But I'm happy with my adventures today and Bruce comes off as a nice, normal guy with a family he supports and his customer demographic is something that I can morally support, too.
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Last edited by Chereya March 12, 2013 at 11:03 AM
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#66
Quote from Chereya View Post :
Thank you for dropping this info. I looked Bruce up and spoke to him on the phone. He gave me a great quote for my Chase UR points which was higher than Rewards2cash guy.

If you don't mind me asking, how much did he pay for the UR points?
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#67
Quote from nrzions View Post :
If you don't mind me asking, how much did he pay for the UR points?
I'd rather not but you should easily be able to compare yourself. The Rewards2cash site has an automated form to see how much they're offering for your amount of points and then you can email Bruce and ask for his quote and compare the two. He was very quick with my quote.

Also wanted to add that I thought the Rewards2cash guy was very prompt and professional and I probably would have sold him my points. I held back because I was also very concerned about losing my account and I feel like a very public business like his with an automated website, etc, would be more likely to get the attention of the credit companies. I also would not have been comfortable allowing him access to my airline account in the manner described above by a previous poster.
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#68
I've used GetPeyd.com, which was very easy to work with, but I'm always looking for a better deal, if it's out there. I don't have a significant amount of UR right now, but when I accumulate some, I'll google Bruce, and will check with him. Thanks for the heads up!
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#69
Quote from nrzions View Post :
I've used GetPeyd.com, which was very easy to work with, but I'm always looking for a better deal, if it's out there. I don't have a significant amount of UR right now, but when I accumulate some, I'll google Bruce, and will check with him. Thanks for the heads up!
You can also just email him with a hypothetical. I'm sure he won't mind if you tell him him you're just researching for the next time. He is looking for AmEx MR points so if you jumped on the recent Plat 100k bonus application, you should have those available in a few months.
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#70
Quote from Chereya View Post :
You can also just email him with a hypothetical. I'm sure he won't mind if you tell him him you're just researching for the next time. He is looking for AmEx MR points so if you jumped on the recent Plat 100k bonus application, you should have those available in a few months.
I'll contact him. My wife and I both jumped on it, so we should be getting 200k soon. Thanks!
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#71
GetPeyd.com was very nice and friendly but the offer he gave me for my miles was total crap compared to what R2C was offering (the guy has also worked with me in the past and I've been happy with R2C though).

Anyway for Bruce this is the saame guy right?
https://www.facebook.com/flighthunter
...any difference to submitting a quote on his site www.buyingmiles.net vs email?
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#72
Quote from dzap View Post :
GetPeyd.com was very nice and friendly but the offer he gave me for my miles was total crap compared to what R2C was offering (the guy has also worked with me in the past and I've been happy with R2C though).

Anyway for Bruce this is the saame guy right?
https://www.facebook.com/flighthunter
...any difference to submitting a quote on his site www.buyingmiles.net vs email?
Yes, that's the guy. I didn't try out his website quote form. Even Bruce admits his website looks like it was made by a Kindergartener. Wink He is looking to get a new website made. He was very responsive via FB and emails.
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#73
Just contacted him, and he responded very quickly. I told him I'm asking for the future, when I amass the points I want to sell. He said that the value changes, but gave me a price for the points I have now. When the time comes, I'll shop around.
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#74
Quote from dzap View Post :
GetPeyd.com was very nice and friendly but the offer he gave me for my miles was total crap compared to what R2C was offering (the guy has also worked with me in the past and I've been happy with R2C though).
Quote from Chereya View Post :
Yes, that's the guy. I didn't try out his website quote form. Even Bruce admits his website looks like it was made by a Kindergartener. Wink He is looking to get a new website made. He was very responsive via FB and emails.
Quote from nrzions View Post :
Just contacted him, and he responded very quickly. I told him I'm asking for the future, when I amass the points I want to sell. He said that the value changes, but gave me a price for the points I have now. When the time comes, I'll shop around.
Thanks guys for sharing your experiences and your cautionary notes. Thought I'd just drop you a little note of appreciation.

And reps to all! Smilie
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#75
I have 10,000 miles united.

I have 8000 aa miles.

Any approximation wat they would be worth?


Lookin to sell asap
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