Unlock the Value of Your Airline Miles on the Resale Market

Many frequent flyers end up letting hard-earned airline miles expire. Rather than losing your unused miles and perks, you can unlock their cash value by selling them on points and miles resale marketplaces. Read on to learn how it works.

Check If You're Eligible to Sell

Before listing your miles, make sure your airline loyalty program allows transfer or sale of miles. Most major US airlines like Delta, American Airlines, and United allow this, but check program policies since restrictions may apply. Make sure your account is in good standing too.

Select a Reputable Resale Marketplace

Once you know you can sell, pick a safe marketplace that offers fair prices and has good reviews:

Points.com – One of the first miles resale sites, with over 20+ airline and hotel programs
CardCash – Known for offering competitive buyback rates and prices
MilesMonkey – Compared listings on multiple sites to find the best reward flight values

Take Note of Market Rates

Like any asset, the value of miles fluctuates based on demand, redemption promotions, etc. Often 1,000 miles sells for $7-13. Before listing your miles, check current buying rates per 1,000 miles or points on your program(s). This gives you a selling benchmark.

Price Your Listing

When pricing your miles, balance getting optimal value with making sure it actually sells. Exceeding average buyers’ willingness to pay will just mean your miles expire before selling. Consider listing batches of miles across programs in ksmaller increments as well.

Transfer Your Miles

Once you connect your program account to the market place and have a buyer, initiate the miles transfer. Resale sites walk you through this process. Typically miles are deposited to the buyer’s account within a few days after purchase confirmation.

Cash Out Your Proceeds

Upon successful sale, you can cash-out your earnings! Most sites offer PayPal transfers or checks within a month. Some even provide instant online gift cards for a small fee.

Selling miles does require planning ahead and waiting through transfer times, but beats losing hard-earned airline perks and value. As long as you use a reputable marketplace and understand the value your miles hold, you can confidently unlock their cash potential and get cash for airline miles.

Comments

Maximizing Your Travel Rewards: How to Sell United Miles for Cash Effectively

In today's fast-paced world, travel enthusiasts often accumulate a substantial number of airline miles through frequent flights, credit card rewards, and loyalty programs. United Airlines' MileagePlus program is a prime example, offering travellers the opportunity to earn miles that can be redeemed for flights, upgrades, and more. However, not everyone can utilize these miles before they expire or prefer to convert them into cash for immediate needs. This article delves into the process of selling United miles for cash, ensuring you maximize their value safely and efficiently. Understanding the Value of United Miles Before diving into the selling process, it's crucial to comprehend the worth of your United miles. Typically, United miles are valued at approximately 1.1 cents per mile, meaning 100,000 miles could fetch around $1,100. However, this value can fluctuate based on market demand, the quantity of miles you're selling, and the platform you choose. Staying inf...

Why More Travelers Are Turning Their Air Miles Points to Cash

Imagine you were swiping your travel credit card with intense devotion, expecting to save miles towards your next couple of first-class flights, fantastic hotel stays, or generous awards at the grocery store. However, when you check your miles balance, you're welcomed by stupidly high-priced awards or just empty-screened airline seats. Not very nice! Well, you're not the only one. This was exactly the reason that led to more travelers opting to convert their air mile points into money instead of collecting insane amounts when the trip would never take effect. Selling miles or trading them for money is now seen as a good option for people who prefer maximizing the value of their loyalty points. So, why such a change? Let us dive into some reasons why air miles points to cash are the best bet for frequent flyers. 1. Airline Loyalty Programs Are Devaluing Points Long ago, loyalty programs were intense and mercilessly rewarding. Air miles meant free or low-cost flights. But ...

Maximizing the Value of Your Airline Miles with Cash for My Miles

Maximizing airline miles and reward points can significantly enhance your travel experiences and provide additional value. However, navigating the complexities of redeeming these points can be challenging. This is where Cash for My Miles comes into play. This platform offers an efficient and straightforward solution for converting your miles into cash, making it easier to utilize the value stored in your frequent flyer accounts. Understanding Airline Miles and Reward Points Airline miles and credit card reward points are incentives offered by airlines and credit card companies to encourage loyalty. These points can be accumulated through flights, purchases, and other activities. Typically, they can be redeemed for flights, upgrades, hotel stays, and other travel-related expenses. However, the redemption process is often riddled with limitations and blackout dates. Challenges with Traditional Redemption Many travelers face hurdles when trying to redeem their miles for flights or...

Sell Airline Miles

Search This Blog