What is the legality of selling credit card points and airline miles in the U.S.? The airlines do not allow it and say that it is included in the cardmember agreement, and I have heard that if they find out then they will cancel the credit card and/or mileage account.
The thing is that I see advertisements for selling and buying miles, so I'm thinking: "How can something be illegal, yet be advertised so openly?"
I don't want to do anything illegal, but I would love to convert my large amount of miles and points into actual dollars.
Any advice?
The thing is that I see advertisements for selling and buying miles, so I'm thinking: "How can something be illegal, yet be advertised so openly?"
I don't want to do anything illegal, but I would love to convert my large amount of miles and points into actual dollars.
Any advice?