Airline miles, especially Delta SkyMiles, are an excellent reward for frequent travelers. They can help you fly for free or at a discount, but did you know that you can also convert your SkyMiles into real money? While airlines do not offer a direct cash-out option, there are a few creative ways to make your SkyMiles work like real cash. Here’s a step-by-step guide on how to do just that.
- Use SkyMiles for Gift Cards
Delta SkyMiles allows you to redeem your miles for gift cards to major retailers and restaurants through the SkyMiles Marketplace. This is the closest you can get to convert your miles into something as versatile as cash. Popular brands include Amazon, Best Buy, and Starbucks, which are nearly as good as money. For example, a 100 gift card may cost you around 10,000 miles. Keep in mind that gift card redemption rates vary, so it is worth checking the SkyMiles website for current offers.
- Transfer SkyMiles to PayPal or Other Accounts
While Delta does not directly support converting SkyMiles to cash through PayPal, there are third-party services that allow you to exchange miles for money. These services, Selling airline miles like Points, let you trade or sell your miles for various rewards, including PayPal transfers. Be aware, though, that these services often charge a commission or give a lower exchange rate than redeeming directly for flights or products, so it is worth weighing the pros and cons.
- Sell Your SkyMiles to Mileage Brokers
There’s a growing market for airline miles, and mileage brokers are willing to buy your Delta SkyMiles. Websites like SellMilesNow or CashForMiles act as middlemen, offering to buy your miles and resell them to others. The rates vary depending on demand and how many miles you have, but you can expect to get anywhere from 1 to 1.5 cents per mile. However, be cautious, as selling miles is technically against Delta’s terms of service, and there’s a risk your SkyMiles account could be flagged or suspended if caught.
- Use SkyMiles for Travel-Related Expenses
If you frequently travel, using your SkyMiles for flights, upgrades, or hotel stays can indirectly save you money. By not spending cash on these expenses, you effectively convert miles into real savings. Additionally, Delta allows you to use SkyMiles for taxes and fees on award flights, which further stretches the value of your miles.
- Charity Donations
If converting your SkyMiles to money is not your priority, consider donating them to charitable organizations. While turning your SkyMiles directly into cash is not straightforward, there are several effective ways to monetize them or offset expenses. Choose the method that best fits your needs and maximizes the value of your miles.