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.
Comments
Post a Comment