Credit card points are one of three major types of credit card rewards; that can be earned by making everyday purchases, meeting certain spending requirements, referring friends, and more. When earned, these points can be used for travel, merchandise, gift cards, cash back, exclusive events, and more.
For those with a surplus of points that cannot or do not want to use them for any of the above, there’s always the option of selling them and get some extra cash instead. The Miles Market sells and buys different amounts of credit card points from top brands including Citi Chase, Amex, Brex and CapitalOne.
Why should you sell your Credit Card points
Many credit card owners accrue millions of points but end up losing much of the value due to points expiring or being exchanged for a gift card which they don’t need.
Credit card owners oftentimes simply don’t have a need for all of those points, and the only benefit to having them is to turn them into extra cash. By selling your credit card points, you get the most value for them by saving money or having actual cash in your pocket to use however you wish.
How to Sell Credit Card Points
There are several ways to sell credit card points, including:
Direct sales
Some people may choose to sell their credit card points directly to individuals or businesses that are in need of them. This is often done through online marketplaces or forums.
Redemption for gift cards
Some credit card points can be exchanged for gift cards to popular retailers or restaurants.
Travel portals
Some credit card points can be used to book travel through the credit card issuer's travel portal, where the points can be used to pay for flights, hotels, and other travel-related expenses.
Points transfer
Some credit cards offer the option to transfer points to a variety of travel partners, such as airlines or hotels, where they can be used to book travel.
Brokerage websites
Some websites act as a middleman and connect sellers with buyers, allowing individuals to sell their credit card points at a premium.
Selling Credit card Points via The Miles Market
Using a marketplace has the advantage of receiving cash for your points within 24 hours. However, it's essential to be cautious about the marketplace you use, ensuring it's a reputable broker or a company that securely converts points to cash. Transferring credit card points has the benefit of using them for travel perks or charitable donations, but the value per point is generally low. Overall, turning your points into cash yields a more immediate and higher value reward.
Selling points through The Miles Market is fast and easy:
Step 1 – Request a Quote
Fill out our small form that only asks for the basics: your name and contact info, the type and number of miles.
Step 2 – Get an Offer
Our experienced team will immediately get to work to give you the best quote possible for your miles or points, often within minutes.
Step 3 – Get Paid
Once you accept the offer, you will be paid swiftly and securely within one business day.
The best thing about selling your points via The Miles Market that we're not only highly safe and rewarding, we offer a different level of customer success and are available 24/7 so that we can help our customers with anything they need.
How do travel points credit cards work?
Points are earned through purchases made with the awards credit card. Depending on the type of rewards card you have, they can be everyday purchases or specific purchases such as travel. Airlines credit cards typically give you more points for booking a flight with the credit card and less points for everyday purchases. But each card has their own points scheme that you should familiarize yourself with before you choose to apply.
The best reward points credit card for travel points will give you more bang for your buck. Depending on your spending habits, you will want to choose the cards that best work for your needs to earn you the most points or rewards.
Amex
Their business platinum card is a great card for frequent travelers looking to add a touch of luxury to their business trips. While the card does come with a high annual fee, you’re also getting a ton of valuable benefits in return, including generous travel credits, lounge access, and more.
Click here to learn about how to sell Amex points for cash >>
Capital One
When it comes to simplicity and strong rewards, Capital One Venture is a solid choice for most travelers. You’ll earn 2x miles on every purchase, making it ideal for those with busy lives.
Chase
They offer an excellent return on travel and dining purchases, packing a lot of value that easily offsets is $95 annual fee. Cardholders can redeem points at 1.25 cents each for travel booked through Chase or transfer points to one of Chase’s 13 airlines and hotel partners.
Click here to learn about how to sell Chase points for cash >>
CITI ThankYou
This is a solid choice because you can earn a ton of points with some of their lucrative bonus categories. That coupled with earning 1% on purchases and 1% back on payments effectively earns you 2% on all purchases.
Of course, for those times when you just want to sell your points quickly and securely for cash, The Miles Market is an excellent choice. We will buy points from any of the above credit cards.
Click here to learn about how to sell your CITI ThankYou points and get the best value for them >>
Risks and Considerations
When seeking to sell your credit card points, be very wary of who you are selling them to. Do your research and avoid situations of fraud or losing the value of your hard-earned points. The answer to this, of course, is dealing with a reputable point broker. The Miles Market is just such a broker and we are in the business of getting the most value for your points, quickly and securely, with excellent 24/7 customer service. We have the support of thousands of recommendations from satisfied customers, as well as the backing of Trustpilot and Google reviews.
Conclusion
Credit card rewards programs and earning points through them is a wonderful way to earn some extra perks as well as getting some cash in your pocket. You will want to research the various credit card rewards programs to determine which is best for your spending habits and your lifestyle. For those considering selling credit card points, The Miles Market is an excellent choice. Contact us today to learn how easy and profitable it is to sell your credit card points with us.
