Best websites to sell miles – Discover 3 options
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As you can see in our article “How to make money with a credit card”, Selling miles is a great option to earn extra money.
Thousands of people are unaware of the benefits that frequent flyer miles can provide and end up letting them expire or accumulating them without ever using them.
To help you, in today's article you will learn about... best websites to sell miles and thus, be able to enjoy your points.
So be sure to check it out!
What are credit card miles?
Miles are part of a credit card loyalty program. They are points that the customer earns when paying for their purchases with a specific credit card.
The more you use your card to pay for your purchases, the more miles you can accumulate.
In addition to accumulating miles with your credit card, you also accumulate miles when purchasing airline tickets.
Typically, a frequent flyer program is the result of a partnership between a specific credit card company and an airline.
Previously, miles could only be used to receive discounts on airline tickets, and only airlines provided them.
That's why the term "miles" is used. However, with the success of the program, the benefits have increased and other companies have adopted this loyalty program, including credit cards.
In addition, users of this loyalty program have gained even more advantages.
Currently, miles can be used to obtain various benefits, for example, discounts on the purchase of household goods, cell phone equipment, and hotel reservations.
Furthermore, it's already possible to buy and sell miles. If you happen to have many accumulated miles but don't use them, check out the names of the [partners/services] below. best websites to sell miles.
#1. MaxMiles
MaxMilhas is one of the best websites for selling miles, and you can easily do it on your website. See how below!
First, go to the MaxMilhas website and click on “Sell miles”On this page you need to specify your loyalty program; there are several options, including:
- All Blue;
- Gol Smiles;
- Latam Pass;
- Airplane;
- Miles&GO.
On the side, you enter the number of miles you will sell, then click "Get a quote now".
The minimum mileage value is 3,500. After you click "Get a Quote Now," the amount you will receive for the sale will appear.
Below is a simulation I ran on the website:
Loyalty program: Tudo Azul.
Mileage total: 5,000.
Amount to be received within 33 days of ticket issuance using your miles: R$105.00.
You have the option to decide how much you want to sell your miles for, but they prioritize those who accept the price they quote.
So, if you're not in a hurry to receive the money, you can choose the option that you define, for how much you want to sell your miles.
Certainly, there are some rules regarding this as well.
To proceed with the sale, you need to register on the website.
#2. Hotmiles
Hotmiles It is also considered one of best websites to sell miles. To get a quote, you need to provide your email address, frequent flyer program, and number of miles.
The minimum amount required to sell is 12,000 miles, and after that amount, you can only sell with an additional 1,000 reais, for example, 12,000, 13,000, 14,000, 15,000…
Therefore, this option may be less advantageous. Furthermore, you don't have the option to set the selling price.
When you request a quote, the result doesn't appear on the screen; you have to access your email to check it, which is quite annoying.
See below a quote I obtained from the website:
Loyalty program: Tudo Azul.
Mileage total: 14,000.
Amount to receive: there are different amount options depending on the timeframe in which you want to receive payment, including:
60 consecutive days R$350.02
45 consecutive days R$343.00
30 consecutive days R$330, 41
1 business day R$310.80
Well, the difference in prices isn't huge. So, it all depends on your needs. The longer you can wait, the more you'll save.
It's important to remember that this was the price quoted on the day I wrote this text, so it may change without notice.
When you request a quote, you also receive the terms and conditions in the same email, so before selling your miles, read it in its entirety.
#3. BankMilhas
Our third and final suggestion is... BankMilhas. In this program, the minimum value for selling miles is 15,000. Beyond that, it only supports four loyalty programs:
- Latam Multiplus;
- Gol Smiles;
- TAP Miles&Go;
- Gol Smiles Diamond.
This option also requires you to provide an email address so they can send you the quote results.
See below the simulation performed on BankMilhas.
Program: Latam Multiplus.
Mileage total: 18,000.
Sale price: R$288.00.
The price also appears on the screen, and you can proceed with the sale by clicking "continue with sale".
The rules are also included in the email, so be sure to read them before proceeding with the sale.
Did you enjoy meeting them? What are the best websites to sell miles? Do you know of any others?
