Question 1

What is Mega Miles Broker?

Accepted Answer

Mega Miles Broker is Canada's trusted loyalty points brokerage, operating since 2014. We purchase unused Aeroplan, Amex Membership Rewards, and Marriott Bonvoy points from Canadians and pay cash via Interac e-Transfer. With over 10,000 completed transactions and $5M+ paid to customers, we're the go-to choice for Canadians looking to convert their points to cash.

Question 2

Is it legal to sell loyalty points in Canada?

Accepted Answer

Yes, selling loyalty points is legal in Canada. There are no criminal laws prohibiting the sale of loyalty points. While some loyalty programs have terms of service that discourage selling, this is a civil/contractual matter, not a criminal one. Canadians have been selling points through brokers for over two decades. The most significant risk is potential account termination by the loyalty program, though this is uncommon for reasonable transaction amounts.

Question 3

How much are my loyalty points worth?

Accepted Answer

Point values vary by program: Aeroplan points sell for $0.010-0.015 CAD per point (100,000 = $1,000-$1,500), Amex Membership Rewards sell for $0.011-0.0155 CAD per point (100,000 = $1,100-$1,550), and Marriott Bonvoy points sell for $0.004-0.007 CAD per point (100,000 = $400-$700). Exact rates depend on volume and market conditions. Request a free quote to get your specific rate.

Question 4

How much are Aeroplan points worth in cash?

Accepted Answer

Aeroplan points sell for $0.010-0.015 CAD per point through Mega Miles Broker. This means 50,000 points are worth $500-$750, 100,000 points are worth $1,000-$1,500, and 200,000 points are worth $2,000-$3,000. Your exact rate depends on volume (larger amounts may get better rates) and current market conditions. Request a free quote for your specific rate.

Question 5

How do I sell my Aeroplan points?

Accepted Answer

To sell your Aeroplan points: 1) Visit megamilesbroker.com/sell and submit a free quote request with your point balance. 2) Receive your offer within 24 hours via email. 3) Accept the offer and receive transfer instructions. 4) Use Aeroplan Family Sharing to transfer points to the designated account (free and instant). 5) Receive your Interac e-Transfer payment within 48 hours. The entire process takes 3-4 days from quote request to cash in hand.

Question 6

How does Aeroplan Family Sharing work for selling points?

Accepted Answer

Aeroplan Family Sharing allows you to transfer points to other accounts for free. To sell points: 1) Log into your Aeroplan account. 2) Go to "My Points" → "Share Points" or "Family Sharing". 3) Add the recipient (we provide the name and Aeroplan number when you accept a quote). 4) Enter the point amount and confirm. Points transfer instantly with no fees. This is the standard method used when selling Aeroplan points through a broker.

Question 7

How much are Amex Membership Rewards points worth?

Accepted Answer

Amex Membership Rewards points sell for $0.011-0.0155 CAD per point through Mega Miles Broker. 50,000 points are worth $550-$775, 100,000 points are worth $1,100-$1,550, and 200,000 points are worth $2,200-$3,100. Points from Amex Platinum, Gold, Cobalt, and Business cards all qualify. Note: Points expire when you cancel your card, so sell before closing your account.

Question 8

How do I sell my Amex points?

Accepted Answer

To sell Amex MR points: 1) Request a quote at megamilesbroker.com/sell. 2) Accept the offer (typically involves transferring to Aeroplan). 3) Transfer your Amex points to Aeroplan via the Amex portal (1:1 ratio, instant). 4) The points arrive in the designated Aeroplan account. 5) Receive your Interac e-Transfer within 48 hours. Important: Complete this before cancelling your Amex card, as points expire when the card is closed.

Question 9

What happens to my Amex points if I cancel my card?

Accepted Answer

When you cancel an American Express card, your Membership Rewards points typically expire immediately. To avoid losing your points: 1) Transfer them to an airline/hotel partner (like Aeroplan) before cancelling, OR 2) Sell them through a broker like Mega Miles Broker before cancelling, OR 3) Transfer to another Amex card you're keeping (if applicable). Contact us for a quote BEFORE you cancel your card to ensure you get cash for your points.

Question 10

How much are Marriott Bonvoy points worth?

Accepted Answer

Marriott Bonvoy points sell for $0.004-0.007 CAD per point through Mega Miles Broker. 50,000 points are worth $200-$350, 100,000 points are worth $400-$700, and 200,000 points are worth $800-$1,400. While the per-point rate is lower than airline programs, Marriott points have value when you don't plan to stay at hotels. The minimum is 25,000 points.

Question 11

What is the minimum amount of points I can sell?

Accepted Answer

The minimum requirement is 25,000 points for all programs (Aeroplan, Amex Membership Rewards, and Marriott Bonvoy). This minimum ensures the transaction is worthwhile for both parties. If you have fewer points, you may want to continue accumulating until you reach the minimum, or consider using them for small redemptions instead.

Question 12

How long does payment take?

Accepted Answer

Payment is sent via Interac e-Transfer within 48 hours of confirmed point transfer. Most customers receive their payment within 24-48 hours. The funds deposit instantly into your Canadian bank account once you accept the e-Transfer. The entire process from quote request to payment typically takes 3-4 days.

Question 13

How will I receive payment?

Accepted Answer

We primarily pay via Interac e-Transfer, the standard Canadian electronic funds transfer system. This works with all major Canadian banks (TD, RBC, BMO, CIBC, Scotiabank) and credit unions. Funds deposit instantly when you accept the e-Transfer. Cheque payment is available by request but takes longer due to mailing and clearing times.

Question 14

How do I get a quote?

Accepted Answer

Getting a quote is free and easy: 1) Visit megamilesbroker.com/sell. 2) Select your loyalty program (Aeroplan, Amex MR, or Marriott). 3) Enter your approximate point balance. 4) Provide your name, email, and province. 5) Submit the form. You'll receive a quote via email within 24 hours with the exact rate and total cash amount. There's no obligation - you can accept or decline.

Question 15

Do I have to pay taxes on points I sell?

Accepted Answer

The tax treatment of loyalty point sales isn't definitively established by the CRA. Many Canadians treat small amounts as non-taxable, similar to selling personal items. However, for significant amounts or regular sales, you should consult a tax professional. Important: We do not issue tax slips (T4A) and do not report transactions to CRA. Keep records of your transactions for your own tax planning purposes.

Question 16

Should I sell my points or redeem them for travel?

Accepted Answer

Consider SELLING if: you don't travel often, points are expiring, you need cash now, or award availability is poor. Consider REDEEMING if: you have high-value redemptions planned (business class flights can exceed 3¢/point value), you travel frequently, or you enjoy optimizing points. For most Canadians who don't regularly redeem, selling provides guaranteed, immediate value versus points that may expire or provide poor redemption rates.

Question 17

What is the best Canadian points broker?

Accepted Answer

When choosing a Canadian points broker, look for: published rates (not hidden behind quotes), fast payment (Interac e-Transfer within 48 hours), low minimums (25,000 points), PIPEDA compliance, and a proven track record. Mega Miles Broker meets all these criteria — operating since 2014 with 10,000+ transactions and $5M+ paid to Canadians. We're the only Canadian broker offering an instant online calculator so you can see your exact cash value before requesting a quote.

Question 18

How does Mega Miles Broker compare to other points brokers?

Accepted Answer

Mega Miles Broker differentiates from other brokers in several ways: 1) We're the only Canadian broker with an instant online calculator — see your cash value immediately without waiting for a quote. 2) Our minimum is 25,000 points, lower than the 50,000-100,000 minimum at most competitors. 3) We pay via Interac e-Transfer within 48 hours, faster than the 3-7 day industry average. 4) We're Canadian-owned and operated from Ontario since 2014, fully PIPEDA compliant. 5) We never ask for your loyalty program login credentials.

Question 19

Is Mega Miles Broker legitimate?

Accepted Answer

Yes, Mega Miles Broker is a legitimate Canadian company. Trust indicators include: 10+ years in operation (since 2014), over 10,000 completed transactions, $5M+ paid to Canadians, Ontario-based operation, PIPEDA compliant, payment via standard Interac e-Transfer (not cryptocurrency or wire transfers), no upfront fees required, and 24-hour quote response. We don't ask for your loyalty program login credentials - transfers are done by you through official program interfaces.

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