When you use certain services like flyer programs, you get some free points. Once you have had enough points, you can use them to purchase services offered either by the provider of these points or by any other third parties. If you don’t want to do either of these, you can just sell points and get money in return.
Well, I am quite sure that you must be more interested to sell your points rather than using them. However, you might be surprised to know the different outlets where you can use your free points.
Places where you can use your points
There are quite a number of places where you can use your reward points. This includes theme parks, cruises, hotels, airlines, etc. Occasionally, these places would announce special offers. When these offers are applicable, you can get more benefits out of your points.
However, whether you want to sell points or use them for any services, it is very important to know the actual market value of your points. Here are some tips that might be useful for you if you are planning to sell your points.
Know the actual market value of your points
There is no fixed value for the free points. In fact, the value of the points varies depending on season and the service provider. However, the seller of the points has got the freedom to fix a price for his/her points. The only thing to keep in mind is to determine a price based on the actual market value for the points. If the price you put for your points turns out to be too high, you would lose potential buyers.
Find out an appropriate resale websites
There are various ways to sell points. You can sell your points through brokers or resale websites. Finding an appropriate broker is the best way to sell points because it incurs very limited charges and offers the best value for the resale points.
After finding a reliable broker, sign up an account there and link your email account with the site. Also, give a small description about the points that you intend to sell. When a potential buyer shows interest in buying your points, you will receive an email notification.
The free points you have accumulated through various programs can be as valuable as the liquid asset you have. So find ways to make the most of your points.