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Cashing in Your Sky Pesos: How to Get Top Dollar for Your Delta SkyMiles

Frequent flyer miles are often jokingly referred to as "sky pesos" - a play on the fact that sometimes they can feel worthless when you try to redeem them. But Delta SkyMiles don't have to be worthless currency - you can actually sell them for cold hard cash if you don't have a use for them. Here's how to get top dollar when cashing in your Sky Pesos.

1.       Look for Peak Value Promotions

Delta themselves will sometimes run promotions offering boosted value for SkyMiles redemptions or transfers. Keep an eye out for deals like transferring miles to hotel or car rental partners at an exchanged rate above 1 cent per mile. The value from these promotions usually exceeds what you’d get selling from a third party.


                                                              Sell Delta SkyMiles

2.       Transfer to Loyalty Program Partners

You can convert SkyMiles into points with Delta's loyalty program partners like Aeromexico, Air France-KLM, Virgin Atlantic, and more. Many of these programs allow redemptions for cash back or gift cards. Do the math to see if transfer ratios and redemption values make sense. For example, you may get 1.2 cents per SkyMile by transferring to Air France-KLM and redeeming for an Amazon gift card.

3.       Use for Delta Vacations Packages

Instead of purely selling miles, you can redeem them for high-value Delta vacation packages that include flights, hotel, car rental, and more. By redeeming for vacations you can “sell” miles at sometimes upwards of 2-3 cents toward travel.

4.       Shop Online at the SkyMiles Marketplace

Delta's SkyMiles Marketplace allows you to earn extra miles by shopping online with partner retailers. You can also redeem SkyMiles for gift cards and merchandise. Often you’ll get the best value by purchasing high demand gift cards that can then be sold or traded.

5.       Sell to a Reputable Broker

To directly sell SkyMiles, use a reputable online mileage broker like CashForMyMiles. The payout is typically around 1 cent per mile. Compare rates between brokers to get the best deal. Make sure to review verification requirements and payout timelines. Also double check Delta’s rules before selling miles you earned via promotions or credt cards to avoid clawbacks.

6.       Consider Donating Miles

Finally, you can donate SkyMiles to charities like Make-A-Wish or St. Jude Children's Hospital. You won't get cash, but you'll get tax deduction potential and the satisfaction of donating to a good cause.

The key is not to rush into selling your Sky Pesos at a low rate. Take the time to evaluate promotions and transfer partner options first. With a bit of work, you can unlock significantly more value from SkyMiles without even stepping foot on a plane. Cashing in miles doesn't have to mean settling for pennies on the dollar. Use these tips to turn your Sky Pesos into cold hard cash or travel at top dollar and sell delta skymiles here.

 

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