Knowledge Hub

Points & miles, explained straight.

No affiliate links, no card pitches. These guides exist because sellers ask us the same questions every day on the phone. Start with how the currencies work, then dig into value, expiration, and selling safely.

Learn

How points and miles actually work

All 19 guides

How Credit Card Points Work

The basics: earning, transferable vs. fixed value, and what your points actually do.

How Airline Miles Work

Award charts, partner transfers, and why mileage value keeps moving.

How Points Brokers Work

What a mileage broker actually does, how payouts are set, and how to vet one.

How to Sell Your Points Safely

The red flags that mark a scam and the process a legitimate buyer follows.

Legal & Tax

Is it legal? Is it taxable? Straight answers.

All legal & tax guides

Is It Legal to Sell Credit Card Points and Airline Miles?

The short answer is yes. Selling loyalty points is legal in the United States. The rules around it are contractual, not criminal.

Are Credit Card Rewards Taxable?

Rewards earned by spending are a rebate, not income, per IRS Revenue Ruling 76-96. Selling points is where it changes.

1099-K Rules for Selling Points and Miles in 2026

The restored $20,000 and 200-transaction federal threshold, plus the states that set the bar lower.

When You'll Receive a 1099-MISC for Selling Points

How a $600-and-up payout gets reported, and what the form actually means for your return.

How to Report Points and Miles Sales on Your Taxes

Hobby income, Schedule C, or neither? The practical map for handling a payout at tax time.

State Tax Rules for Selling Loyalty Points

Massachusetts, Vermont, and the other states with lower reporting thresholds than the federal one.

Browse the hub

Everything in the Knowledge Hub

Learn

How points and miles actually work, start to finish.

Valuations

What every point and mile is worth, with independent benchmarks.

Program Reference

A complete guide to every program we buy.

Compare

Two programs side by side, with a straight verdict.

Tools

Free calculators: cents per point, expiration, and more.

Glossary

The loyalty vocabulary, in plain English.

Legal & Tax

Is it legal? Is it taxable? Sourced, neutral answers.

News

Devaluations, program changes, and original research.

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