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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?

3,507 Comments

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#3376
Quote from rbokor View Post :
I didn't mention the amount I received, though Eli beat my best offer.
You PM'd me the rate earlier today when I asked you.
Reply Helpful Comment? 0 0
#3377
Quote from FHRITP View Post :
You PM'd me the rate earlier today when I asked you.
That wasn't me. Didn't receive any private messages
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#3378
Quote from rbokor View Post :
That wasn't me. Didn't receive any private messages
Keep telling yourself that.
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#3379
Quote from FHRITP View Post :
Ever think of contacting a broker and asking?
​i did contact a few, prices are very low right now. i suppose i was wondering what might be the highest i might find if i kept looking.
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#3380
anybody know the best place to sell Citi Thankyou points? I have 1 million to sell
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#3381
Quote from brianjones View Post :
anybody know the best place to sell Citi Thankyou points? I have 1 million to sell
Literally 1 million???? Why haven't you been using Chase son?
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#3382
Quote from Killerz View Post :
Literally 1 million???? Why haven't you been using Chase son?
well i had 10 million with citi but i stupidly redeemed most of them for mortgage credits. i have chase points too but i use those for travel. citi took away my 5x so since i'm no longer going to earn any i figured i should get rid of them
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#3383
I have about 50-60k citi ty points to unload. Anyone know who has the best rate lately?
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#3384
Quote from brianjones View Post :
well i had 10 million with citi but i stupidly redeemed most of them for mortgage credits. i have chase points too but i use those for travel. citi took away my 5x so since i'm no longer going to earn any i figured i should get rid of them
OMG... yeah you shorted yourself big time there! At least you learned better. Chase points are much better than Citi. I stopped using my Citi for the most part in favor of Chase and Amex.
Reply Helpful Comment? 0 0
#3385
Holy smokes.. 1 million.. Say hello to 13k Wink

Quote from Kinderegg View Post :
I have about 50-60k citi ty points to unload. Anyone know who has the best rate lately?
Rewards2cash
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Last edited by JV13 June 30, 2016 at 09:02 PM
#3386
Just transferred 175k AMEX MR points to Bruce. Super smooth and paid immediately. Good rates and easy transaction. I'll be using him first from now on.
Reply Helpful Comment? 0 1
#3387
Quote from canadianbrandon View Post :
Just transferred 175k AMEX MR points to Bruce. Super smooth and paid immediately. Good rates and easy transaction. I'll be using him first from now on.
Thanks for the post Bruce.
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#3388
Quote from canadianbrandon View Post :
Just transferred 175k AMEX MR points to Bruce. Super smooth and paid immediately. Good rates and easy transaction. I'll be using him first from now on.
Quote from scrillsaver View Post :
Thanks for the post Bruce.
Gotta love those "good rates." I hope I get "good rates" when I do my transfer.
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#3389
Just sold 64k chase UR to Bruce for 1.4 cpp, total he paid $900. Smooth transaction, whole thing took 10-15 mins and received payment almost immediately.

Highly recommended
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#3390
Sold 57k City TYP to milesbuyer.com. Great transaction, fast email responses, paypal payment immediately. A+!
Reply Helpful Comment? 0 0
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