Is it legal to sell American Airlines miles?
Is it legal to sell American Airlines miles? Even though selling American Airlines miles seems to be frowned upon, there is no law prohibiting the sale of miles.
How much does it cost to buy AA miles?
0-4,000 miles: No discount (3.76? each) 5,000-54,000 miles: 20% discount (3? each) 55,000-149,000 miles: 25% discount (2.82? each) 150,000 miles: 35% discount (2.45? each)
Are mileage brokers legal?
Mileage Brokering Is Against Nearly All Loyalty Programs' Rules. I've always cautioned readers to avoid mileage brokers. Buying and selling miles is against the terms of nearly every program in the world. Not illegal in most jurisdictions, but it can get your account closed forefeiting all of your points.
Do American miles expire?
As an AAdvantage member, you must have some mileage earning or redeeming activity once every 24 months or have an open AAdvantage credit card account to retain your miles. If not, your AAdvantage miles will expire unless you pay a fee to reactivate them.
What are 50,000 air miles worth?
50,000 American miles are worth about $850. How much are 80,000 American miles worth? 80,000 American miles are worth about $1,360.
How do airlines make money selling miles?
Here's how the system works now: Airlines create points out of nothing and sell them for real money to banks with co-branded credit cards. The banks award points to cardholders for spending, and both the banks and credit-card companies make money off the swipe fees from the use of the card.
Can AIR MILES be sold?
If you search online, you'll find various airline miles brokers and airline points brokers willing to pay you cash for your travel rewards. That said, I don't recommend selling your miles for a multitude of reasons. Here's what you need to know, including other ways to get value from airline miles you don't want.