If you are a frequent traveller with a stash of Delta SkyMiles you're not planning to use? Or perhaps you've earned more miles than you can redeem for flights? Whatever the reason, you can turn those SkyMiles into cold, hard cash. In this quick guide, we'll walk you through the steps to sell your Delta SkyMiles for cash efficiently and securely.
Step 1: Check
Delta's Transfer Policy
Before you start
selling your Delta SkyMiles, it's essential to understand Delta's policy on
transferring miles. As of my last knowledge update in September 2021, Delta
SkyMiles are non-transferable except in specific cases like gifting miles to a
family member. Policies may have changed, so visit Delta's official website or
contact their customer support to get the most up-to-date information.
Step 2: Use a
Reputable Mileage Brokerage Service
To convert your
Delta SkyMiles into cash, you'll likely need to use a mileage brokerage
service. These services act as intermediaries, connecting you with buyers
interested in purchasing your miles. When choosing a mileage brokerage service,
ensure they have a good reputation and a secure platform. Some well-known
options include Points.com, The Points Guy, and Miles Buyer.
Step 3: Register
with the Mileage Brokerage Service
Create an account
with your chosen mileage brokerage service. You may need to provide personal
information and details about your Delta SkyMiles account. Make sure you read
and understand the terms and conditions of the brokerage service.
Step 4:
Calculate the Value of Your SkyMiles
Determine how much
you want to sell your SkyMiles for. The value of SkyMiles can vary, but a
common range is between 1 to 2 cents per mile. Do some research to see what
similar miles are selling for to ensure you're getting a fair deal.
Step 5: List
Your SkyMiles for Sale
Once your account
is set up, list your SkyMiles for sale. You'll need to provide details such as
the number of miles you're selling, the price per mile, and any restrictions
(e.g., expiration dates).
Step 6: Connect
with Buyers
Potential buyers
will browse the listings on the brokerage service's platform. When someone
expresses interest in your SkyMiles, you'll need to coordinate with them to
complete the transaction. Be prepared to provide your Delta SkyMiles account
information to transfer the miles.
Step 7: Complete
the Transaction
Once you've reached
an agreement with a buyer, follow the instructions provided by the mileage
brokerage service to transfer the miles securely. Ensure that you receive
payment from the buyer before transferring the miles.
Step 8: Confirm
the Transfer
After you've
transferred the SkyMiles to the buyer's account, confirm with the brokerage
service that the transaction is complete. This step is crucial to protect
yourself and ensure the successful sale of your miles.
Step 9: Enjoy
Your Cash
Congratulations!
You've successfully sold your Delta SkyMiles for cash. Use the funds as you
wish, whether it's for more travel adventures or other financial goals.
Important Tips:
· Be cautious of scams and only use reputable
mileage brokerage services.
· Keep all records of your transactions for your
reference.
· Stay informed about Delta's mileage
policies, as they may change over time.
Remember that
selling Delta SkyMiles for cash can be a convenient way to unlock the value of
your loyalty points. However, always exercise caution, do thorough research,
and use secure platforms to ensure a smooth and secure transaction process.
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