contrails
Topic Author
Posts: 1312
Joined: Fri Oct 13, 2000 11:53 pm

Cashing In Airline Miles

Sun Feb 05, 2012 2:11 am

I have some air miles I probably won't be able to use as the airline doesn't serve anywhere around here. I've heard that there are ways to trade them in for cash, but I'm a bit reluctant.

Has anyone done this before? Who is reputable? How does the transaction take place?

Thanks.
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RamblinMan
Posts: 808
Joined: Sat Oct 09, 2010 3:57 pm

RE: Cashing In Airline Miles

Sun Feb 05, 2012 6:09 am

Never heard of such a thing. And fairly certain that it would violate the terms of every ff program on the planet.
 
Quokkas
Posts: 1327
Joined: Fri Jan 27, 2012 5:51 pm

RE: Cashing In Airline Miles

Sun Feb 05, 2012 6:16 am

Most, if not all, airline programs do not allow you to sell miles although some do permit gifting of miles to another member. There may be a fee involved for transferring those miles.

Check out the rules of the program of which you are a member to see whether it would be worthwhile as you would have to consider not only the value of the miles but also the cost of the transfer.
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airtrainer
Posts: 1492
Joined: Sat Aug 30, 2003 11:44 pm

RE: Cashing In Airline Miles

Sun Feb 05, 2012 7:37 am

As RamblinMan said, it's certainly against the rules of every FF program. A google search will redirect you to some "companies" willing to trade your miles, but I'd be reluctant to do that too. Also keep in mind that FF miles only have a low value, so unless you have thousands of them I don't think it's worth trading them for cash... Just my   
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WestJet747
Posts: 1950
Joined: Sat Aug 06, 2011 7:43 pm

RE: Cashing In Airline Miles

Sun Feb 05, 2012 8:47 am

What about Points.com? They don't let you "cash" your points, but you can transfer them to a program you frequent more often.
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aloges
Posts: 14842
Joined: Tue Jan 17, 2006 3:38 am

RE: Cashing In Airline Miles

Sun Feb 05, 2012 12:03 pm

Quoting WestJet747 (Reply 4):
What about Points.com?


  That's my suggestion as well. I got an excellent deal from someone really desperate for AA miles when I wanted to offload some.
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OA260
Posts: 21514
Joined: Thu Nov 30, 2006 8:50 pm

RE: Cashing In Airline Miles

Sun Feb 05, 2012 12:33 pm

Please be cautious as airlines can deem this as fraud and shut down your account with no come back . You will also be blacklisted . You take your chances with this Im afraid.
 
B747forever
Posts: 12991
Joined: Mon May 21, 2007 9:50 pm

RE: Cashing In Airline Miles

Sun Feb 05, 2012 12:49 pm

Quoting aloges (Reply 5):
That's my suggestion as well. I got an excellent deal from someone really desperate for AA miles when I wanted to offload some.

But you know, that is against the airlines T&Cs. You are NOT allowed to sell miles.
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aloges
Posts: 14842
Joined: Tue Jan 17, 2006 3:38 am

RE: Cashing In Airline Miles

Sun Feb 05, 2012 2:06 pm

Quoting OA260 (Reply 6):
Please be cautious as airlines can deem this as fraud and shut down your account with no come back . You will also be blacklisted . You take your chances with this Im afraid.

not quite, see below

Quoting B747forever (Reply 7):
But you know, that is against the airlines T&Cs. You are NOT allowed to sell miles.

But you know, AA advertise points.com on their own website and AA's own buy/gift/share miles programme is even run by points.com. The catch is that you have to pay a fee to trade your AAdvantage miles.

[Edited 2012-02-05 06:15:46]
Don't cry because it's over, smile because it happened.
 
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zckls04
Posts: 2671
Joined: Fri Dec 30, 2011 6:55 pm

RE: Cashing In Airline Miles

Fri Feb 10, 2012 10:10 pm

Some airlines allow it I think, but you'll get a terrible rate of return if you try and convert to cash.

Much better to convert to a non-airline program like a hotel chain if the airline allows. Which airline is it?
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