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Guys, tell me. I have accumulated quite a lot of miles from flights and also bonuses from a credit card. But I'm worried that they will simply burn out. I don't travel often, but I've been saving them up for several years. I've heard stories of people who lost everything in one day and lost a lot of value. In fact, it's money, just in a different form. I don't want to find myself in that situation. Is there a way to convert these miles into something useful? Is it really possible to turn them into money or at least use them more profitably?
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If you travel a little, then yes, it makes sense to think about selling miles. But if you fly at least once a year, then you can spend them on an upgrade or a hotel. Sometimes this is even more profitable than cashing out. It is important to just know the terms of your program: somewhere miles can be extended by activity, for example, buying from a partner.
Good day! You are right - miles and points can indeed be considered a financial asset. Many people think that this is just a "bonus for flights", but in fact they have real monetary value. If you do nothing, you lose an average of 15% of their value per year. And if the expiration date comes, then everything disappears at once. To avoid this, it is best to use proven services. On don’t let points expire you can sell miles and get money almost instantly. This is a great opportunity to monetize unused miles and just stop losing value from expiring points.