Best ways to_sell_airline_miles_points_before_the_expiration_date_of_your_credit_card
1. Best Ways to Sell Airline Miles Points before the Expiration Date of Your Credit Card
Airlines allow you to give your miles to friends, family, and charities, provided that the recipient also has
an account with the airline. You simply need to click on the ‘Transfer Miles link on the airline's rewards
program page and then enter your account information, information of the recipient and the number of
miles, which you want to transfer. Although you are freely sharing miles, which you have already
earned, you should not assume that sharing is free. As far as purchasing the miles are concerned,
airlines charge a processing fee for transfers. Moreover, there are certain ways for selling airline miles
points prior to expiration date of your credit card:
If you want to sell your miles with the help of a coupon broker, then you first need to proffer
your contact information. The broker will also ask you for the number of miles, which you want
to sell, the expiration dates, the name of the airline, and your asking price per mile. When they
get a buyer, you will transfer your miles to the account of buyer. You will receive the payment as
soon as the transaction gets completed.
You can cut out the middleman by making sale directly to your family or friends. It simply works
just as a transfer, except that you will receive free labor, gifts or money for the miles. This
method may not flag the attention of the airline, but there are risks involved if the buyer cannot
get seats for the trip, which they want.
It hardly matters what you do. There will be a processing fee. The fee is variable from airline to
airline and depends on the kind of transaction you do to sell airline miles fast within a day or
next and the involvement of the number of miles. Remember that there will be processing fee
when you do the calculation of the costs. Most of the airlines set caps on the number of miles,
which you can purchase, receive and transfer per year, per account. You need to check the
terms and conditions of your rewards program in order to ensure you do not cross the limit.
As with many electronic transactions, there is a delay before you see the purchase or transfer, which is
reflected in your account. It simply takes 1-3 days for processing a transaction. Therefore, you need to
make plan for any last-minute trips accordingly.
Hence, this was all about the best ways for selling airlines miles points before the expiration date of your
credit card.