Trying to decide between a 2nd Southwest card and a British Airways card (Chase will only allow one right now). Both have the 50k promo - the SW will get me up to 110k for the year to earn the companion pass, but I don't have any travel plans for 2014. Is there a way to monetize the companion pass if I sell the miles or give them to family members, or is the companion pass only valuable if I plan to use the miles and free flights myself? Thanks.
you cannot use your companion pass unless you fly as well,
you must designate one person at a time as your companion
you can only change the person 3 times a calendar year,
so in order to sell your companion pass you must fly and the person paying for it must have been made companion earlier and be flying with you, and the amounts of times you can do this are very limited
so the answer to your question about monetizing the companion pass is, not really!