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

ppysr 785 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?

3,519 Comments

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#286
Quote from mitchflorida View Post :
One website on the Internet offered me 1.4 cents per AMEX point. My problem is how can I be certain I will really get it? Can I go back to Amex if something goes wrong?
How bout a name so we can take a look? and maybe some here know of it or had dealings with it.
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#287
Quote from mitchflorida View Post :
One website on the Internet offered me 1.4 cents per AMEX point. My problem is how can I be certain I will really get it? Can I go back to Amex if something goes wrong?
Highly unlikely AMEX would help you out in that case.
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Problem with a Fry's Electronics Rebate? Click me.
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a laptop is not a computer
#288
How do you know? What is your experience?
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#289
Quote from mitchflorida View Post :
One website on the Internet offered me 1.4 cents per AMEX point. My problem is how can I be certain I will really get it? Can I go back to Amex if something goes wrong?
why in the world would you think Amex would be responsible?
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Quote from charles052 View Post :
You have blind faith whereas I do not.

Quote from skiman View Post :
I can't escape the mental picture. theblaze.com is very clearly some sort of information anus yet some posters seem eager to attach their lips and deliver the product here.
#290
i didn't say they would be responsible. please re-read my post.
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#291
Quote from mitchflorida View Post :
i didn't say they would be responsible. please re-read my post.
ok. what does "go back to Amex" mean to you?
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#292
Quote from vaultaddict View Post :
ok. what does "go back to Amex" mean to you?
Are you fluent in the English language? or is it a second language for you?
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#293
Quote from mitchflorida View Post :
Are you fluent in the English language? or is it a second language for you?
I love irony. Shall I define it for you?
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#294
This is the site that is offering 1.4 cents a point. what do people think about his rates?


http://shlomosmiles.com/
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#295
Quote from mitchflorida View Post :
This is the site that is offering 1.4 cents a point. what do people think about his rates?


http://shlomosmiles.com/
Wonder if Bruce will match.
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#296
Im not going to commend on the above thread, but lets just say that if you want to possibly get your account screwed up, do as the poster recommended in thread 296. For those who know me, can email me privately on this topic.
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#297
Quote from flighthunter View Post :
Im not going to commend on the above thread, but lets just say that if you want to possibly get your account screwed up, do as the poster recommended in thread 296. For those who know me, can email me privately on this topic.
What's thread 296? The # is your # post on my screen.
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#298
Quote from the.J129 View Post :
But I was thinking primarily about UR points and Amex points when making that argument. Yes, devaluations happen but even after a devaluation, we both know that we could get SO MUCH more value out of 100,000 UR points than $1500.

Examples? Big Grin Might be looking at that in the near future between my girlfriend and I, which both love to travel and could possibly be a good way to get somewhere for a special occasion Wink
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#299
I just sold my 51,050 Amex points to a broker for $670 - 20 (PayPal fee)= $650 it took him only 10 minutes to send it.

I bought a 73" Mitsubishi HDTV for ($830-$650) $180 to get my spending almost to the $1000 required. I think that's a pretty good deal.
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Last edited by mitchflorida March 24, 2013 at 03:28 PM
#300
Quote from mitchflorida View Post :
I just sold my 51,050 Amex points to a broker for $670 - 20 (PayPal fee)= $650 it took him only 10 minutes to send it.

I bought a 73" Mitsubishi HDTV for ($830-$650) $180 to get my spending almost to the $1000 required. I think that's a pretty good deal.

Which broker did you use?
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