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"cashmypoint" A company which buys credit card points/miles

People who have used it, can you tell us how it works?
Like they give us an account or something to transfer the points to and when we do that they send us the money?
I thought transferring to accounts which have a different name isn't allowed anymore.
 
But some people here also claiming they dealt with it na?
Yeah, Some people are saying that they have dealt with them, but nobody is Clarifying the process, how it works... nothing, I now doubt those comments are from that company 😆
 
I can understand if you want to sell your points. But selling to a company is the worst thing you can do. Because in case of audit, all accounts involved in trading with companies get banned by FFPs. That is the usual outcome of these things.
 
I will clarify
Yeah, Some people are saying that they have dealt with them, but nobody is Clarifying the process, how it works... nothing, I now doubt those comments are from that company 😆
Sorry, I didn't get the notification about this post. I'll clarify.
They give you an email, first name and last name, you have to transfer your points as miles on those frequent flyer name. They mostly create new accounts from different ids to book air tickets. Usually the payment is next day, sometimes they delay it by another day, but they always pay.

I can share more screenshots if you guys need. They also let you swipe their card for international bookings and pay you 2-3% on top of what amount is charged. Payment within a week.
 

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