FlyerTalk Forums - View Single Post - How do the "miles for cash" businesses work?
Old Dec 24, 2012 | 4:53 pm
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mnscout
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Originally Posted by jetlagg3d
I've seen a number of sites advertise that they'll buy your miles. They seem fairly schlocky, so I was wondering if (a) they were real, and (b) what the business model is...

•.http://getpeyd.com/
•.https://flipmymiles.com/
•.http://www.miles4money.com/

Are they just the back-end to travel agents, who are using the miles to buy business and first-class tickets for less than the listed price, and then pocketing the difference?
Try using that and you're risking getting your accounts suspended and your miles forfeited.
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