Buying Airline Miles: Proceed with Caution

Buying Airline Miles: Proceed with Caution

Buying Airline Miles: Proceed with Caution

So, let’s dive into the murky waters of buying airline miles. Recently, I penned a piece unveiling the murky legalities of selling airline miles. Spoiler alert: it’s a bit of a gray area—against the rules, sure, but not quite illegal.

Now, what about mileage brokers? This shadowy underbelly of the frequent flyer world is bigger than you might think, and it’s about time we discuss it. I often field questions about whether it’s safe to tango with these broker-esque entities, especially with their flashy online bravado.

Here’s the rub: many mileage brokers aren’t exactly the masters of transparency. Some masquerade as discount hawkers for business and first-class tickets when they’re just redeeming miles for you. Others go all in and sell miles that wind up in an account of your choosing.

Before you clutch your pearls, let’s clarify that this differs from those fair-minded airfare consolidators who hook you up with legit discounted tickets, sans the shady dealings.

A Fascinating Look at the World of Mileage Brokers

Back in 2016, an intriguing exposé hit the scene, delving into the woolly world of online mileage brokers. The brave author went undercover, reaching out to five companies, claiming a desire to invest in some miles. The goal? To see how transparent—or not—these folks really are. Surprise, surprise, the experiences varied wildly.

If you’ve got the time, check out those juicy, tell-all exchanges. Who would have thought one broker boasted over 500 Singapore KrisFlyer accounts? Color me shocked!

My Take on Mileage Brokers

Let me lay it out: I’ve never dabbled with mileage brokers, nor do I plan to. Why? Because purchasing miles through them is like stepping onto thin ice. You’re breaking the rules set by frequent flyer programs and could land in hot water if things go sideways.

A couple of nuggets about mileage brokers:

  • Most brokers aim to legit follow through on promises—not essentially planning to bamboozle you—but if things unravel, don’t hold your breath for compensation.
  • Broker dealings are akin to playing with fire: tickets may vanish, accounts shut down, as airlines are ever more hawk-eyed on audits.

How Do Mileage Brokers Do It?

Now, how do these brokers stockpile miles? They’ve got a few tricks up their sleeves, varying with their tactics of whether to transfer miles to you or book your ticket directly using a third-party account:

  • Buy accounts flush with miles, and resell them by offering “ticket promises” here and there just by redeeming existing miles.
  • Some go as far as ringing doorbells, persuading people into getting new credit cards, buying their miles, and managing accounts for them.
  • With certain transferable points currencies in a pickle, brokers find workarounds, though major currencies are getting prickly, stamping out these shenanigans.
  • The classic “buy low, sell high” strategy: snag miles on sale, then resell at a profit while throwing in a dash of “exclusive” service.

Honestly, just swerve to steer clear of this minefield. Better to capitalize on top-notch credit cards and hop on great mile promotions for premium getaways.

Bottom Line

Bottom line? I wouldn’t touch mileage brokers with a ten-foot pole. Given the stream of questions I get, it’s worth the chat. For stacking miles beyond regular flyers’ schedules, consider buying them directly from programs when they’re cheaper. It’s an honest way to snag fantastic seats at a cut price.

While brokers dance in a legally gray arena, they often cross the loyalty programs’ red lines.

Any brave explorers out there who have invested in brokered miles? Give me the scoop on your experiences!

Speaking of explorations, if you’re looking for something a little different, check out the Val Seny ski resort. Trust me, it’s a ride you’ll want to take.

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