Welcome to a whole new frontier of travel hacking, my fellow journeyers! You’ve collected a heap of frequent flyer miles, but how do you make them work for you? Or maybe you’re on the other side of the spectrum, wishing you had more miles to book that dream getaway. Either way, this guide will break down the ins and outs of buying, selling, and trading airline miles. Yes, you read that right—you can sell and trade these digital tokens of travel, and here’s how.
Why Consider Buying, Selling, or Trading Miles?
Accessibility: Can’t collect enough miles for that business class upgrade? Buy some.
Profitability: Miles about to expire? Sell them.
Flexibility: Want to switch loyalty programs? Trade them.
How to Buy Airline Miles
- Identify the Need: Calculate the miles you require for your next flight or upgrade.
- Research Sources: Online marketplaces, airline websites, and third-party brokers offer miles for sale.
- Compare Rates: Prices can vary significantly.
- Proceed With Caution: Make sure to read the terms and conditions to avoid pitfalls.
Trusted Platforms to Buy Miles:
How to Sell Airline Miles
- Inventory Check: Determine how many miles you’re willing to part with.
- Set Your Price: Average rates are between 1.2 to 2.0 cents per mile.
- Find a Reputable Buyer: This could be an individual, a broker, or an online marketplace.
- Close the Deal: Complete the transaction by transferring the miles and receiving payment.
Reliable Mile-Selling Forums:
How to Trade Airline Miles
- Identify Potential Partners: Forums and social media groups can be a good starting point.
- Establish Trust: It’s a reciprocal relationship; transparency is key.
- Check Transfer Policies: Not all airlines allow mile transfers, and some may charge fees.
- Execute the Swap: Once everything is in place, proceed to trade miles.