Credit card points and travel rewards are great and they help you to get a free flight. There are many simple and effective ways to earn more reward points and slowly accumulate them. Many major airline companies also give attractive offers and deals for customers to double or significantly increase their credit points.
However, a few travelers might not have any plans to redeem the points. Carlyn is one such frequent traveler, who earned many credit card points, but wasn’t in any mood to redeem them. So, she decided to make the most of her credit card reward points by selling them through a mileage broker.
“I didn’t see a value in holding onto them hoping that I would find a flight I could use,” Carlyn said. The mileage broker helped her to claim a great profit even though she did take a bit of a gamble.
It is important to find a reliable mileage broker and thoroughly learn about the entire process before heading forward. You should also learn about how much they are offering for each of you rewards points. If you are happy with the amount they are offering, only then you should continue with the deal and sell miles.
In majority of the cases, the points sold by the individuals to the brokers are redeemed for a flight ticket, which they eventually sell to someone else. However, in some of the cases, airline companies allow you to sell reward points or credit card points to your friends and family members.
Brian Kelly, a reward points expert says that, “The airlines and credit card companies are looking for transferring of points to people in different states, different last names and different geographical regions.”
However, travel points expert, Eli Hoffman says that, “Airlines definitely do not want the client to sell their miles to a company like ours. Even if something did arise, we still guarantee payment; you would keep the payment even if your account got shut down.”
However, Carlyn admitted that she was happy and satisfied with the deal and said, “I made money selling miles that I’m no longer using and somebody else that needed a last minute flight was able to save some money.”