The answer isn’t straightforward if you ask, “Can I sell my credit card benefits?”. While you can’t directly sell benefits like insurance or concierge services, there are legal ways to monetize perks like travel points, lounge access, and purchase protections.
This guide explores 5 legitimate strategies to maximize your credit card benefits without violating the terms of service.
Can I Sell Credit Card Benefits
Most credit card companies prohibit selling benefits directly. However, some perks—like travel points, lounge passes, and sign-up bonuses—can be indirectly monetized within the card’s terms.
Warning: Selling benefits like extended warranties or fraud protection is illegal and can lead to account closure or legal action.
5 Legal Ways to Monetize Credit Card Perks
1. Transfer Points to Travel Partners
Many premium cards (e.g., Chase Sapphire, Amex Platinum) allow transferring points to airline/hotel partners. You can:
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Book flights for friends/family in exchange for cash.
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Sell points via authorized brokers (e.g., Point.me).
Learn more: How to Transfer Credit Card Points
2. Book Travel for Others
If you have travel credits, book flights/hotels for others and charge a fee. Example:
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Use Amex Platinum’s $200 airline credit to book a friend’s ticket.
3. Sell Unused Lounge Passes
Some cards (e.g., Priority Pass) offer free guest lounge passes. You can sell these on platforms like LoungeBuddy.
4. Utilize Purchase Protections for Resale
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Buy discounted electronics using a card with price protection.
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Resell them for profit if the price drops (file a claim for the difference).
5. Leverage Sign-Up Bonuses for Profit
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Open cards with high sign-up bonuses (e.g., 100,000 points).
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Redeem for gift cards or flights and sell them.
Benefits You Cannot Sell
- Extended warranties
- Travel insurance
- Concierge services
- Fraud protection
Selling these violates card agreements and may result in legal consequences.
Risks of Selling Credit Card Benefits Illegally
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Account termination
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Blacklisting by banks
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Legal penalties for fraud
Always review your cardmember agreement before monetizing perks.
Conclusion
While you can’t directly sell most credit card benefits, smart strategies like transferring points or reselling lounge access can help you profit legally. Always check your card’s terms to avoid penalties.
For more tips, visit The Points Guy.
FAQs
Can I sell my credit card’s travel insurance?
No, insurance benefits are non-transferable.
Is selling Amex points allowed?
Only via authorized transfers (e.g., airline partners). Direct sales violate terms.
Can I rent out my Priority Pass?
No, but selling unused guest passes is often allowed.