Author Topic: Should i sell my points? (Read 8790 times)

aryeh1 · « **on:** June 19, 2011, 03:46:50 PM »

If I only plan on traveling economy to israel , is it more worthwhile to sell my points ? or i should keep them . Moderator, im not selling points i just need an opinion...

yossi781 · « **Reply #1 on:** June 19, 2011, 03:51:23 PM »

I think that if you pay for a flight you can earn miles for the purchase as well as 12,000 mile for flying. Plus you don't have to deal with limited availability. So even if you need to pay a few dollars more then the miles are worth i would still say pay for the ticket and sell the miles.

aryeh1 · « **Reply #2 on:** June 19, 2011, 03:56:41 PM »

Meaning when does it pay to sell over keeping..

yossi781 · « **Reply #3 on:** June 19, 2011, 04:10:20 PM »

if the value of the ticket is say double what you think you can get for the miles. There really is not a set rule. I was just saying that if you are going to save only a few hundred dollars, there are benefits to purchasing the ticket with money.

aryeh1 · « **Reply #4 on:** June 19, 2011, 04:14:52 PM »

So the advantage of miles is only for europe or business class?

shach · « **Reply #5 on:** June 19, 2011, 04:32:33 PM »

Quote from: aryeh1 on June 19, 2011, 03:46:50 PM

If I only plan on traveling economy to israel , is it more worthwhile to sell my points ? or i should keep them . Moderator, im not selling points i just need an opinion...

usually when flying economy selling points will get you more for your money in addition to accruing more miles, yet in high season check what your getting for your miles to see if it still pays off to sell

AsherO · « **Reply #6 on:** June 19, 2011, 04:34:26 PM »

Quote from: shach on June 19, 2011, 04:32:33 PM

usually when flying economy selling points will get you more for your money in addition to accruing more miles, yet in high season check what your getting for your miles to see if it still pays off to sell

Yup, if you've got 100k BA you can use that for 4 domestic tickets on AA. Domestic tickets on AA sometimes run upwards of $500.

shach · « **Reply #7 on:** June 19, 2011, 04:41:09 PM »

Quote from: AsherO on June 19, 2011, 04:34:26 PM

Yup, if you've got 100k BA you can use that for 4 domestic tickets on AA. Domestic tickets on AA sometimes run upwards of $500.

sold 100k AA netting over 1k and bought a ticket to israel stop over and covered my rental plus

aryeh1 · « **Reply #8 on:** June 19, 2011, 04:45:00 PM »

Who pays the transfer fee, you or the person that buys the miles?

AsherO · « **Reply #9 on:** June 19, 2011, 05:01:09 PM »

Quote from: aryeh1 on June 19, 2011, 04:45:00 PM

Who pays the transfer fee, you or the person that buys the miles?

Transfer? They usually just have you book a ticket and they reimburse you for the ticketing fees/surcharges.

aryeh1 · « **Reply #10 on:** June 19, 2011, 05:03:16 PM »

Quote from: AsherO on June 19, 2011, 05:01:09 PM

Transfer? They usually just have you book a ticket and they reimburse you for the ticketing fees/surcharges.

When you sell the miles you transfer it to someones, acct.

Also im just wondering how does the business work, they buy the miles from you and do what with it?

AsherO · « **Reply #11 on:** June 19, 2011, 05:20:11 PM »

Quote from: aryeh1 on June 19, 2011, 05:03:16 PM

When you sell the miles you transfer it to someones, acct.

Also im just wondering how does the business work, they buy the miles from you and do what with it?

Gosh, you really have to be spoonfed

Brokers buy the miles to sell award tickets to other people who are willing to pay more than they're paying you. So they make a profit from that margin. Since they are selling award tickets, they don't have you transfer the miles to a different account, they just have you book an award ticket.

shmiel · « **Reply #12 on:** June 19, 2011, 07:54:38 PM »

Amex has a transfer fee to US based airlines.

dans fan · « **Reply #13 on:** June 19, 2011, 07:58:22 PM »

Quote from: aryeh1 on June 19, 2011, 04:45:00 PM

Who pays the transfer fee, you or the person that buys the miles?

since its not ran according to judicial law you would have to ask the guy thats buying it off of you how he does it

Nitantnel · « **Reply #14 on:** June 30, 2011, 09:04:52 AM »

Quote from: AsherO on June 19, 2011, 05:20:11 PM

Gosh, you really have to be spoonfed Brokers buy the miles to sell award tickets to other people who are willing to pay more than they're paying you. So they make a profit from that margin. Since they are selling award tickets, they don't have you transfer the miles to a different account, they just have you book an award ticket.

Sam, the advertiser on the main site, doesn't even have you do that! Give him you're account number and "the check is in the mail."

There's nothing like him!

dans fan · « **Reply #15 on:** June 30, 2011, 09:48:21 AM »

Quote from: Nitantnel on June 30, 2011, 09:04:52 AM

Sam, the advertiser on the main site, doesn't even have you do that! Give him you're account number and "the check is in the mail."

There's nothing like him!

you are probably referring to accounts like aa ba ua co that dont need transferring and there is no transfer fee the op might be asking about amex points that can have a transfer fee

Nitantnel · « **Reply #16 on:** June 30, 2011, 09:51:51 AM »

Yes, with him you will have to pay the transfer fee, but you don't have to start booking tickets.

flyingace · « **Reply #17 on:** June 30, 2011, 01:00:18 PM »

It depends on how much the tickets cost. I flew in the summer and no way would selling cover the cost of tickets. My husband flew in the winter and was able to book the exact non stop he wanted by selling points. So it depends...

dans fan · « **Reply #18 on:** June 30, 2011, 09:18:35 PM »

Quote from: Nitantnel on June 30, 2011, 09:51:51 AM

Yes, with him you will have to pay the transfer fee, but you don't have to start booking tickets.

i do lot of mile selling for me and others and i choose to book it myself bc the 10 min booking time can save me from my points getting taken away and closing the acc

Nitantnel · « **Reply #19 on:** July 01, 2011, 01:04:37 AM »

Quote from: dans fan on June 30, 2011, 09:18:35 PM

i do lot of mile selling for me and others and i choose to book it myself bc the 10 min booking time can save me from my points getting taken away and closing the acc

whats the difference to the airline if you book it or he does?