Forum Thread

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
Deal
Score
+51
953,601 Views

Thread Details

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.

This post can be edited by most users to provide up-to-date information about developments of this thread based on user responses, and user findings. Feel free to add, change or remove information shown here as it becomes available. This includes new coupons, rebates, ideas, thread summary, and similar items.

Once a Thread Wiki is added to a thread, "Create Wiki" button will disappear. If you would like to learn more about Thread Wiki feature, click here.



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?

3,513 Comments

21 22 23 24 25

Sign up for a Slickdeals account to remove this ad.

#331
Quote from hardworker06 View Post :
I see. I only asked b/c I received an email from R2C saying that you can't transfer Amex points online right now, and the only way is to call in. Can anyone confirm this?
The amex website problems were fixed today by Amex and Bruce is taking AmEx points again.

I was able to transfer online about 10 minutes ago.
Reply Helpful Comment? 0 0
#332
Beware R2C. I initiated a transaction with UA miles. They sent me the link with instructions on how to proceed. I gave them access to my account, they cancelled the transaction saying they don't want to do UA miles.
Reply Helpful Comment? 0 0
#333
Quote from PandaHouse View Post :
The amex website problems were fixed today by Amex and Bruce is taking AmEx points again.

I was able to transfer online about 10 minutes ago.
Please give information about Bruce. Not able to find any link.
Reply Helpful Comment? 0 0
#334
Quote from kbuchi View Post :
Please give information about Bruce. Not able to find any link.
There are many other brokers who will pay you immediately through paypal without having to use the rewards right away. Just as long as they have access to your amex account so when the time comes they can transfer them off.

I tried rewards2cash and milesbuyer.net. Its been approx 3 weeks and neither wanted to buy my rewards as of yet. I contacted another broker. Literally after 2 minutes of me submitting how many points I had they sent me a link to fill out. I filled it out with all the info they needed, submitted, had the money in my paypal in less than 5 minutes. They havent used my rewards yet but after they do I'll cancel my card and change my password.

My quote was $8 less than rewards2cash and milesbuyer. Well worth it!!
Reply Helpful Comment? 0 0
#335
Quote from Dealguy1001 View Post :
I personally used milesbuyer.com for over 3k in miles sold and it was perfect. What did you try selling?
So are you from milesbuyer or rewards2cash? Either way no hard feelings. It was for a common reward all brokers buy. Im sure you two are fine to work with as long as you are needing whatever reward is needed at that time.

The benefit to the other one I chose is they just straight up bought it without anyone lined up. No waiting around. Id provide their name but I have 2 more cards with the same rewards I want to send their way. If I open the flood gate they may not need those rewards when the time comes...and or I guess the price per point could go down.
Reply Helpful Comment? 0 0
#336
.....
Reply Helpful Comment? 0 0
#337
Quote from pennsyltuckey View Post :
There are many other brokers who will pay you immediately through paypal without having to use the rewards right away. Just as long as they have access to your amex account so when the time comes they can transfer them off.

I tried rewards2cash and milesbuyer.net. Its been approx 3 weeks and neither wanted to buy my rewards as of yet. I contacted another broker. Literally after 2 minutes of me submitting how many points I had they sent me a link to fill out. I filled it out with all the info they needed, submitted, had the money in my paypal in less than 5 minutes. They havent used my rewards yet but after they do I'll cancel my card and change my password.

My quote was $8 less than rewards2cash and milesbuyer. Well worth it!!
What was the "other" broker? and how much was your quote?
Reply Helpful Comment? 0 0

Sign up for a Slickdeals account to remove this ad.

#338
i just got 50k points from the united explorer deal...can i sell to rewards2cash?

http://slickdeals.net/f/5796462-United-Explorer-credit-card-55K-0-fee-first-year-YMMV?v=1
Reply Helpful Comment? 0 0
#339
Quote from Jerseyjo View Post :
What was the "other" broker? and how much was your quote?
I wont disclose the name until the other people I know have sold their rewards to them.

The quote was $8 less than the other 2 brokers I mentioned. Its pointless to say how much since it all depends on how many rewards you would be selling.

Yep, my post was not helpful laugh out loud
Reply Helpful Comment? 0 0
#340
Just did a deal with Bruce, was quick and easy.
Reply Helpful Comment? 0 0
#341
Another glowing review for Bruce!

No hassles, easy walkthrough, Paypal right away. Helpful guy who knows his field.
Reply Helpful Comment? 0 0
#342
Same here. Didn't shop around and just did it with Bruce since he is quite responsive and sounds trustful.
Reply Helpful Comment? 0 0
#343
I sent 100K + pts AMEX to rewards2cash. I sent it last friday - it was officially out of pending stage on sunday. But I have yet to get my check -- I was told it was mailed out monday, and to expect it by today but I have not yet got it. Not worried yet, and Vince agreed to ACH the money If i don't receive the check by monday. Will update ....status.
Reply Helpful Comment? 0 0
#344
Rewards2Cash

transferred 51k AMEX to Rewards2Cash last Saturday, received check on Friday !
Thanks Vince
will use again !

Mark
Reply Helpful Comment? 0 0
#345
Quote from krazeenyc View Post :
I sent 100K + pts AMEX to rewards2cash. I sent it last friday - it was officially out of pending stage on sunday. But I have yet to get my check -- I was told it was mailed out monday, and to expect it by today but I have not yet got it. Not worried yet, and Vince agreed to ACH the money If i don't receive the check by monday. Will update ....status.
Got the check saturday (1 day late) np or hassles at all. Does bruce buy Marriott Reward Pts?
Reply Helpful Comment? 0 0
Page 23 of 235
21 22 23 24 25
Join the Conversation
Add a Comment
 
Copyright 1999 - 2016. Slickdeals, LLC. All Rights Reserved. Copyright / Infringement Policy  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)
Link Copied to Clipboard