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Selling · 6 min read

How a miles marketplace works

There is no public exchange for airline miles. Pricing is negotiated per request, which is why any table of fixed rates should be treated as advertising.

Why there is no exchange price

Miles are non-fungible across programmes, restricted by terms, and vary in usefulness by balance size and timing. Those conditions prevent a single clearing price.

What a quote desk does

It gathers the specifics — programme, amount, timing, intent — assesses feasibility, and returns an indicative figure or a clear no.

How MilesQuote operates

We are independent, publish no rate table, and claim no airline partnership. Every quote is prepared individually and is never a guarantee of price or completion.

What we will not do

We will not ask for account credentials, will not encourage a breach of programme terms, and will not invent inventory or availability we do not have.

How buyers use a marketplace

A buyer usually arrives with a specific award in mind and a shortfall to close. The sensible order is: confirm award availability, check the airline's own purchase price, then compare a quote against that benchmark with taxes and carrier-imposed surcharges included.

Buying speculatively is where most people lose money. Miles bought without confirmed availability can sit unused, devalue, or expire.

How sellers use a marketplace

A seller typically holds a balance with no plausible redemption inside the programme's validity window. Before asking for a sell quote, price a redemption — including partner airlines — because a good redemption normally beats a sale.

Quote value depends on the programme, balance size, current demand, transfer mechanics and expiry position. None of those are constant, which is why no honest desk publishes a payout table.

Risks and programme rules

Loyalty programmes set their own rules on transfer, sale, purchase and third-party transactions, and some restrict or prohibit them. Programme terms govern your account and can change without notice. Review them before proceeding.

Treat guaranteed payouts, instant transfers, fixed public rate tables and requests for your password, PIN or one-time codes as warning signs.

Redemption value versus a quote

Redemption value is the cash fare you avoid by flying on miles. A quote is a market figure for a specific transaction. They are different numbers and should never be presented as one — our valuation method is published in full on our editorial policy page.

Key takeaways

  • • No public clearing price exists for airline miles.
  • • Quotes are individual and indicative, never guaranteed.
  • • Buyers should confirm award availability before buying anything.
  • • Sellers should price a redemption, including partners, first.
  • • Programme terms govern your account and can change.

Questions

Why don't you publish rates?
Because a fixed public rate would be fiction. Pricing depends on programme, balance, timing and demand.
How long does a quote take?
We aim to respond within one business day for requests that include the details we need.
Is selling miles allowed?
It depends entirely on the programme. Some permit transfers subject to fees and conditions; others restrict or prohibit third-party sales. Check the terms of your own programme before proceeding.
Is a marketplace quote the same as what my miles are worth?
No. Redemption value is the cash fare your miles displace when you fly. A quote is a separate figure for a specific transaction.

Related guides

MilesQuote is independent and not affiliated with, endorsed by or partnered with any airline or loyalty programme. Programme names are used for identification only. We publish no fixed rates; every quote is indicative, prepared individually, and never a guarantee of price or completion. Always check your programme's own terms before acting.