3 ms·
> a "reward point" Are there reward points that you a) actually own, b) have a formal value, and/or c) are allowed to trade? For instance: https://www.britis
by logifail 7y ago
> a "reward point"
Are there reward points that you a) actually own, b) have a formal value, and/or c) are allowed to trade?
For instance:
https://www.britishairways.com/en-gb/executive-club/terms-and-conditions https://www.britishairways.com/en-gb/executive-club/terms-an...
"21.1. Avios points, and all rights of title to and property in such Avios points issued at any time, remain with AGL at all times and never pass to the Member.
22.1. [...] Avios points are not transferable [...]
22.2. Any purported purchase, sale, transfer, unauthorised use (including bartering), procurement or redemption of Avios points issued or awarded to another person [..] will constitute a fundamental breach by the Member of these Terms and Conditions and the Conditions of Use."
- mtnGoat 7y agoMost hotel and airline miles allow for C. It might cost a fee to transfer them but that's the same with any monetary transfer. I can sell them as well on a few marketplaces online, so they have an agreed value as well. Most importantly, because I can sell and trade them... Does that not make them mine?
- xur17 7y ago> Most hotel and airline miles allow for C. It might cost a fee to transfer them but that's the same with any monetary transfer. While true, in a lot of cases it ends up costing almost as much as they are worth to transfer them, so I'd argue it's different.
- mtnGoat 7y agoyea, the fees are pretty high. but so are the fees on check cashing for the under banked.