Liquidating Points
Dec 31, 2001 | 8:36 pm
#1
Original Poster
Join Date: Dec 2001
Location: Toronto, Ontario, Canada
Posts: 2
Liquidating Points
Has anyone tried to redeem points for gift certificates, and then selling the gift certificates as a way to liquidate points into cash. Specifically, I am referring to turning HHonors points into any number of certificates (e.g. Ashford.com, Sharper Image...) Are there any rules prohibitng this practice? if not, can anyone suggest a site/forum to find a buyer?
Dec 31, 2001 | 8:49 pm
#3
Moderator: Avianca, Travel Photography, Travel Technology & USA
Join Date: Jul 2001
Location: Far western edge of the La-La Land City limits
Programs: Emeritus VIP Fromins Deli Encino grandfathered successor program - UA MM & HH Diamond
Posts: 3,810
agr,
Welcome to Flyertalk. Most programs prohibit selling or bartering of award certificates. Regardless of the rules, there is evidence that some sort of secondary market exists. You might snoop around Ebay.
These types of questions are traditionally relegated to the "S.P.A.M" board here on Flyertalk. I will move your posting to that board, to see if anyone else has some commentary.
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Craig6z
Buzz & United Moderator
[email protected]
Welcome to Flyertalk. Most programs prohibit selling or bartering of award certificates. Regardless of the rules, there is evidence that some sort of secondary market exists. You might snoop around Ebay.
These types of questions are traditionally relegated to the "S.P.A.M" board here on Flyertalk. I will move your posting to that board, to see if anyone else has some commentary.
------------------
Craig6z
Buzz & United Moderator
[email protected]
Jan 1, 2002 | 8:13 am
#4
Join Date: Feb 1999
Posts: 1,278
agr, welcome to FT!
eBay has a category for selling Gift Certificates to various merchants. They typically sell for about 80 cents on the dollar, after eBay fees, you are looking at ~75% of face value.
Try this link: eBay Gift Certificates
Most of the legit ones are actual gift certificates or gift cards. Some stores have no rules against buying/selling gift certificates. Others have rules in the fine print, but don't appear to enforce them.
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On the road,
In the air,
I enjoy travel
From here to there.
[This message has been edited by ontheroad (edited 01-01-2002).]
eBay has a category for selling Gift Certificates to various merchants. They typically sell for about 80 cents on the dollar, after eBay fees, you are looking at ~75% of face value.
Try this link: eBay Gift Certificates
Most of the legit ones are actual gift certificates or gift cards. Some stores have no rules against buying/selling gift certificates. Others have rules in the fine print, but don't appear to enforce them.
------------------
On the road,
In the air,
I enjoy travel
From here to there.
[This message has been edited by ontheroad (edited 01-01-2002).]