Amex Points Broker Comparison Canada: Where to Sell Safely
You have Amex Membership Rewards points to sell. But with multiple brokers, online marketplaces, and private buyers competing for your points, how do you choose the safest option with the best rate? This guide compares your options and highlights what to look for.
Selling Amex Membership Rewards points can put hundreds or thousands of dollars in your pocket. But not all buyers are created equal. Some offer fair rates and secure transactions. Others use deceptive tactics, delay payment, or worse—disappear with your points.
This comparison breaks down the Canadian points market and shows you exactly what to look for in a broker—and what to avoid.
Quick Takeaway:
The best Amex points broker in Canada offers $0.012-0.0155 per point, pays via Interac e-Transfer within 24-48 hours, never asks for your password, and has 3+ years of verifiable operation. Anything less is either below market or potentially risky.
What to Look for in an Amex Points Broker
Before comparing specific brokers, understand the seven factors that separate professional operations from risky ones:
1. Competitive Rates
Fair market rates for Amex MR in 2026 range from $0.012 to $0.0155 per point. Higher balances (250,000+ points) often command premium rates.
Red flag: Rates above $0.018 are unrealistic. Rates below $0.010 mean you're being significantly underpaid.
2. Transparency (No Hidden Fees)
Reputable brokers quote an all-in rate. You should receive exactly what was agreed—no "processing fees," "transfer fees," or surprise deductions.
Red flag: Brokers who add fees after you've transferred points or deduct percentages at payment time.
3. Payment Speed
Professional brokers pay within 24-48 hours after your points arrive in their designated account. Some offer same-day Interac e-Transfer.
Red flag: Brokers who ask you to wait "a few weeks" or claim payment takes 10+ business days.
4. Security and Trust
Legitimate brokers never ask for your Amex login password. You initiate transfers yourself through Amex's official transfer partners feature.
Red flag: Anyone asking for your account credentials, security questions, or one-time passcodes.
5. Canadian-Based Operation
Canadian brokers operate under Canadian consumer protection laws, use Interac e-Transfer, and understand local tax implications.
What to verify: Canadian business address, Canadian phone number, and years in operation.
6. Customer Service
Quality brokers respond to inquiries within hours, provide clear transfer instructions, and answer questions patiently.
Red flag: Delayed responses (3+ days), automated replies with no human follow-up, or rude/dismissive communication.
7. PIPEDA Compliance
Canada's Personal Information Protection and Electronic Documents Act (PIPEDA) requires businesses to protect customer data. Brokers should have clear privacy policies.
What to check: Privacy policy on their website, secure communications (encrypted email or portal), and data handling practices.
Common Ways to Sell Amex Points in Canada
You have four main options for selling your Amex Membership Rewards points. Here's an honest breakdown of each:
Option 1: Professional Points Brokers
Established businesses that specialize in buying loyalty points. They handle thousands of transactions annually and provide guaranteed payment.
Pros:
- Fast payment (24-48 hours)
- No risk of buyer fraud
- Competitive rates for bulk sales
- Clear process and support
Cons:
- Rates slightly below retail value
- Minimum transaction sizes (usually 25,000+ points)
Best for: Most Canadians seeking secure, fast transactions.
Option 2: Online Marketplaces
Platforms where individuals buy and sell points from each other (similar to eBay or Kijiji for points).
Pros:
- Potentially higher rates for small quantities
- Direct buyer communication
- Flexible transaction terms
Cons:
- High fraud risk
- Payment disputes common
- No buyer verification
- Time-consuming negotiations
- Escrow fees (10-15% often)
Best for: Experienced sellers comfortable with peer-to-peer risk.
Option 3: Private Sales (Facebook, Kijiji, Reddit)
Selling directly to strangers through social media groups, classified ads, or forums.
Pros:
- No middleman fees
- You control the entire process
Cons:
- Very high scam risk
- No buyer protection
- No recourse if not paid
- Stolen credit card risks
- Legal gray area
Best for: Generally not recommended due to fraud exposure.
Option 4: Gift Card Exchanges (Indirect)
Convert Amex points to gift cards, then sell gift cards through exchange platforms.
Pros:
- Established platforms exist
- Works for small amounts
Cons:
- Very poor value (often 60-70 cents per point)
- Two-step process
- Gift card fees stack
- Days or weeks to complete
Best for: Last resort if no other options work.
Our Recommendation:
For 95% of Canadians, using a professional points broker offers the best combination of safety, speed, and fair pricing. The small rate difference compared to private sales isn't worth the fraud risk and time investment.
Why Professional Brokers Are Safer
Private sales and marketplaces might promise higher rates, but they come with significant risks that professional brokers eliminate:
Guaranteed Payment
Professional brokers pay via Interac e-Transfer within 24-48 hours. There's no risk the buyer "changes their mind" or their payment bounces. Your money is guaranteed once points transfer.
No Payment Fraud
Private buyers sometimes use stolen credit cards or fraudulent payment methods. When the fraud is discovered weeks later, you're out both the points and the money. Established brokers use legitimate business accounts.
Secure Transfer Process
Brokers provide step-by-step instructions using official Amex transfer partner features. You never share passwords or account access. Private buyers may ask for inappropriate account details.
Business Accountability
Legitimate brokers have years of reputation to protect. They're registered Canadian businesses with addresses and contact information. Anonymous buyers on Facebook have no accountability.
Customer Support
If you have questions or issues during the transfer, professional brokers have customer service teams. Private buyers often become unresponsive after getting your points.
What Sets Mega Miles Broker Apart
Mega Miles Broker has been helping Canadians sell Amex Membership Rewards points since 2014. Here's how we deliver on all seven criteria of a professional broker:
Competitive Rates
$0.012-0.0155 per point based on quantity. 100,000 points = $1,200-$1,550. Premium rates for balances over 250,000 points.
Fast Payment
Interac e-Transfer within 24-48 hours after points arrive in our designated account. Most payments sent same business day.
No Hidden Fees
The rate we quote is the amount you receive. Zero processing fees, transfer fees, or surprise deductions. What we quote is what you get.
Canadian-Owned
Toronto-based with over a decade serving Canadian customers. We understand Canadian privacy laws, tax considerations, and use Interac.
PIPEDA Compliant
We follow Canadian privacy laws, encrypt customer data, and never store your Amex password (we don't even ask for it).
Proven Track Record
10,000+ successful transactions since 2014. We've paid out millions of dollars to Canadian point sellers with zero fraud incidents.
The Mega Miles Process
Get Your Quote
Tell us your Amex MR balance. We provide an instant rate quote with no obligation.
Confirm and Transfer
Accept the rate via email. We send you the airline partner account details to transfer your points to through your Amex portal.
Receive Payment
Once points arrive (usually instant), we send your payment via Interac e-Transfer within 24 hours.
Red Flags: How to Spot Risky Brokers
Not every points buyer is trustworthy. Watch for these warning signs before transferring your Amex points:
They ask for your Amex login credentials
Instant scam alert. Legitimate brokers never need your password. You initiate all transfers yourself through Amex's official website. Anyone asking for login access is trying to steal your account.
Rates seem too good to be true
Offers of $0.025+ per point (2.5 cents or higher) are unrealistic. Market rates max out around $0.0155. Inflated rates are bait to collect your points without paying.
They require upfront payment from you
You're the seller—you get paid, not the other way around. Any broker demanding fees, deposits, or "insurance" before buying your points is running a scam.
No physical address or contact information
Legitimate businesses provide Canadian addresses and phone numbers. Brokers hiding behind generic email addresses or foreign phone numbers can disappear without recourse.
Pressure tactics ("offer expires in 1 hour!")
Professional brokers give you time to review terms and make an informed decision. High-pressure tactics ("transfer now or lose this rate!") are manipulation techniques scammers use.
No reviews or impossibly perfect reviews
Established brokers have verifiable reviews (Google, Trustpilot, social media). Brokers with zero online presence or suspiciously perfect 5-star reviews (all posted on the same day) are red flags.
Payment method is sketchy
Reputable Canadian brokers pay via Interac e-Transfer. Be wary of brokers who only offer cryptocurrency, wire transfers to foreign banks, or mailed cheques (which can bounce).
Broker Comparison: What to Evaluate
Use this checklist to compare any Amex points broker you're considering:
| Evaluation Criteria | What to Look For | Mega Miles Broker |
|---|---|---|
| Rate per Point | $0.012-0.0155 range | ✓ $0.012-0.0155 |
| Payment Speed | 24-48 hours | ✓ 24-48 hours |
| Payment Method | Interac e-Transfer | ✓ Interac e-Transfer |
| Hidden Fees | None | ✓ Zero fees |
| Password Required | Never | ✓ Never asked |
| Years in Business | 3+ years | ✓ Since 2014 (12+ years) |
| Canadian-Based | Yes, with address | ✓ Toronto, ON |
| PIPEDA Compliance | Privacy policy posted | ✓ Fully compliant |
| Customer Support | Responsive (hours, not days) | ✓ Same-day response |
| Track Record | Verifiable reviews | ✓ 10,000+ transactions |
What Amex Sellers Say
Real feedback from Canadians who sold Amex Membership Rewards points through Mega Miles Broker:
"I had 285,000 Amex points sitting unused after cancelling my Platinum Card. Mega Miles gave me $4,047.50 and paid within 24 hours. The whole process took maybe 15 minutes of my time. Much better than letting them expire."
— Michael T., Vancouver, BC
"I was nervous about selling points for the first time. The team answered all my questions patiently and walked me through the transfer. Payment hit my bank account the next morning. Very professional."
— Sarah L., Toronto, ON
"I compared three brokers before choosing Mega Miles. They offered the best rate for my 450K points ($6,525) and had the clearest process. No hidden fees or surprises. Exactly what they promised."
— James K., Calgary, AB
The Smart Seller's Checklist
Before selling your Amex points to any broker, run through this checklist:
Questions to Ask Any Broker
What is your all-in rate per point, with no additional fees?
How long have you been in business buying Amex points?
What is your Canadian business address and registration number?
How exactly will I transfer the points? (They should explain the airline partner method)
Will you ever ask for my Amex account password? (Answer must be "no")
How long after transfer do I receive payment?
What payment method do you use? (Should be Interac e-Transfer for Canadian brokers)
Can you provide references or reviews from other Amex sellers?
Documents to Have Ready
Your Amex account number (usually on your card or statement)
Current MR points balance (check your Amex online account)
Valid email address for confirmation and payment notification
Email address registered with your bank for Interac e-Transfer
Full legal name as it appears on your Amex account
Frequently Asked Questions
What is a fair rate for selling Amex points in Canada?
Fair market rates for Amex Membership Rewards in 2026 range from $0.012 to $0.0155 per point. This means 100,000 points are worth $1,200-$1,550 in cash. Rates above $0.018 are unrealistic and likely scams. Rates below $0.010 mean you're being underpaid.
Should I use a broker or sell Amex points privately?
Professional brokers are safer. Private sales (Facebook groups, Kijiji) carry significant risks: buyers may not pay, they could be using stolen credit cards, or the transaction could be a scam. Reputable brokers provide guaranteed payment, secure processes, and handle all transfer logistics.
How quickly should I get paid after selling Amex points?
Reputable brokers pay within 24-48 hours after points transfer to the designated account. Some offer same-day payment. If a broker delays payment beyond 72 hours or asks you to wait "a few weeks," this is a red flag.
Are online marketplaces safe for selling Amex points?
Online marketplaces (where individuals buy/sell from each other) are riskier than established brokers. You face payment fraud, disputes, and no recourse if something goes wrong. If you use a marketplace, verify buyer reputation extensively and use escrow services.
How do I verify a broker is legitimate before selling?
Legitimate brokers: (1) have been in business 3+ years, (2) provide a Canadian business address and phone number, (3) never ask for your Amex login password, (4) use Interac e-Transfer for payment, (5) provide written rate confirmation before transfer, and (6) have verifiable customer reviews.
Will selling points affect my Amex account or credit score?
No. Selling points doesn't affect your credit score. Amex cannot see what you do with points after you transfer them to airline partners. The transfer itself is a normal feature of the Membership Rewards program. Your credit score is based on payment history and credit utilization, not point redemptions.
Mega Miles Broker Team
Points Brokerage Specialists
Loyalty points experts with 10+ years experience and 10,000+ transactions since 2014.