In November and December
both airlines sold miles for ~ 2.06 cents per mile, and they've just announced a new promotion for January.
Not exact matches
Delta and other
airlines make money by
selling airline miles to credit card issuers and those issuers, in turn, receive new customers.
Even when
airlines don't
sell all of their first - class seats on a given flight, it might not be easy to use
miles for an upgrade.
Most
airlines and hotel loyalty programs have strict rules against
selling, bartering or exchanging points or
miles.
Points.com partners with a number of
airline and hotel loyalty programs to
sell miles and points to consumers.
If you sign up to use the services of real estate agents from American HomeMiles, you will earn American
Airlines AAdvantage
miles when you buy or a
sell home valued at $ 250,000 or more or complete a state - to - state move using Allied or North American Van Lines.
Plenty of
airlines will
sell you
miles at high prices.
Cathleen McCarthy: Sharing or
selling airline miles can be risky, pricey — Giving your
miles away may be noble, and
selling your
miles may sound wise, but it's important to know that neither move is free of risk and cost.
Airlines earn a lot by
selling frequent flyer
miles to partners: credit card companies, rental car agencies... you name it.
Airlines sell frequent - flier
miles to credit card companies, but then must strike a balance between making seats available and
selling them.
You will earn Flying Blue
miles at the rate of the marketing
airline on the ticket, meaning that if you ticket shows an AZ - coded flight (
sold by Alitalia) operated by Delta, you will earn according to Flying Blue's rates for Alitalia.
Last week, Bloomberg released an article titled «
Airlines Make More Money Selling Miles Than Seats,» which describes how miles and points are a fantastic perk for the airlines
Airlines Make More Money
Selling Miles Than Seats,» which describes how
miles and points are a fantastic perk for the
airlines airlines as well.
In general, though, experts say
selling frequent flier
miles is a way for
airlines to cash in while spending very little in return.
Consumers can quickly learn how much the
airline will
sell miles and points for directly; it's usually a much higher cost than what the banks pay.
The
airlines are still responsible for all the
miles and points they
sell, and they must fulfill their commitments by providing either free flights or products / services through their other partners when the customer chooses to redeem their
miles and points.
Those who benefit from this program are the
airlines: they're
selling zillions of
miles every year to credit - card companies, telephone companies, mortgage companies, as perks.
When an
airline sells out of its saver inventory of award tickets on any flight, the only option to book with
miles is to pay the higher standard or anytime price — which often can be tens of thousands of
miles more.
If that happens Bank points always have an escape hatch — statement credits, but I
airline miles can be
sold as well in a pinch.
While there aren't any credit card programs that transfer
miles to LifeMiles, the
airline frequently
sells miles at a deep discount.
So, why would the
airlines release a seat for 25,000
miles when they could
sell it for revenue?
Would you believe that some
airlines make as much money
selling miles to credit card companies as they do
selling seats to passengers?
If the
airline thinks you've done something it doesn't like — such as
selling miles to a friend or buying a cheaper round - trip ticket and then throwing the second half away — they can seize those
miles.
Plenty of
airlines will
sell you
miles at high prices.
The major
selling point of the Alaska
Airlines card is the bonus
miles and companion fare, which if used each year will help justify the card's annual fee.
If you sign up to use the services of real estate agents from American HomeMiles, you will earn American
Airlines AAdvantage
miles when you buy or a
sell home valued at $ 250,000 or more or complete a state - to - state move using Allied or North American Van Lines.
This allows a sort of symbiosis where
airlines that can't
sell those pricey tickets can remove
miles from their accounting ledger and we get a great deal — sometimes even an experience of a lifetime in a private suite on board a plane.
Alaska
Airlines ® members earn 500 Mileage Plan
miles per stay on Corporate, Package and
Sell Rate of the Day rates, excluding some discounted packages.
It's almost like
airlines make more money by
selling miles than having people book airfares with them!
Maybe the
airlines are catching onto this money - earning trend of
selling miles and points.
Alaska
Airlines Mileage Plan is currently
selling miles (through a targeted offer) with a bonus of up to 40 % which sees
miles valued at a little over 2.11 cents each — that opens up some very good value redemptions on the likes of Cathay Pacific and JAL.
Bloomberg just released an article titled «
Airlines Make More Money
Selling Miles Than Seats» and it's a interesting insight on the economics of
miles and points that I don't think -LSB-...]
Other
airlines may
sell miles at around 1.7 - 2.5 cents /
mile.
Points.com partners with a number of
airline and hotel loyalty programs to
sell miles and points to consumers.
American
Airlines Vacations
sells cruises, providing the opportunity to earn AAdvantage
miles for cruise purchases, but an e-mail I noticed yesterday certainly caught my attention.
This is Hilton's frequent travel rewards program that allows owners to obtain different levels of membership that include additional travel perks like accruing
airline miles, additional resort benefits, and access to
sold - out hotels.
United
Airlines has become much more generous this year in
selling miles, providing both more lucrative promotions and (as far as I can tell) loosing the criteria so that more people get matched to... [Read more...] about 100 % Bonus on United
Miles for Just 1.88 Cents Each
Airlines will
sell you lots of stuff for your
miles, and in general it's a bad deal.
You will pay $ 4,786.88 for 250,000
miles (includes 100,000 bonus
miles) This equates to about 1.91 cents /
mile — the cheapest American
Airlines has ever
sold the
miles.
You can currently buy AAdvantage
miles at a cost of 2.10 cents each and, while there are numerous reasons why that's a bad deal the most obvious one is that the
airline regularly
sells them for a lot less.
Since Avianca processes this purchase directly — unlike many programs that
sell miles through Points.com — the charge will count as
airline spend and should earn the appropriate bonus if using a card such as the Premier Rewards Gold Amex.
Near the end of that post I wrote «consider that
airlines and hotels often
sell their
miles / points at steep discounts, which would allow you to essentially buy these same flights / hotels at a deeply discounted cost.»
Living the dream on card rewards Those who don't know us very well may think we are living the high life, but the truth is that our $ 250 hotel room near the line of totality during the eclipse was booked for 3,000 Starwood Preferred Guest points; our flight to Wyoming was 100 percent free on a private plane thanks to a crazy JetSmarter promotion for those who could prove they had a million
miles; our resort complete with water slides and a lazy river in San Antonio was booked using an annual credit card award night when the room normally costs $ 300 - plus per night; our amazing room at the Park Hyatt New York was booked using 30,000 Hyatt points per night when the
selling price was almost $ 1,000 per night; and most of our other flights were booked via a collection of
airline miles and credit card points that were primarily earned by leveraging our everyday spending for major rewards.
The Booking Guru offers an Award Booking Serve because often times when booking an award ticket, an
airline agent will try to
sell you award space on their
airline and will fail to look at partner redemption opportunities which usually cost fewer
miles.
Unlike with most
airlines or hotels that
sell miles, these buy and transfer transactions are all processed directly by Avianca — meaning your
miles or transfer purchase will qualify for the travel or airfare bonus categories on the credit card you use to pay.
Given the recent push by American
Airlines to both
sell miles and handing out bonuses on transferred
miles, something tells me their loyalty program isn't doing as well as it should be.
You get bonus points /
miles, the retailer gets additional business, the
airline gets revenue from
selling points /
miles to the portal and the portal gets a cut from the retailer that (hopefully) more than covers the expense of buying the points /
miles in the first place.
-LSB-...] Avianca, the
airline frequently
sells miles at a deep discount.
The tickets usually
sell retail at $ 4000 + each (snapshot below) so this was a great way to redeem
miles and simply fly business class on an Amazing Japan
Airlines product for just $ 50 a pop.
Other
airlines don't
sell their
miles (typically) this cheaply.
Airlines are
selling more seats for cash and therefore release a lot fewer seats for
miles redemption.