Question 1

Is it legal to sell loyalty points in Canada?

Accepted Answer

Yes. There are no laws in Canada that prohibit selling loyalty points. Some loyalty programs have terms of service that discourage resale, but that 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 restriction by the loyalty program, which is uncommon for reasonable transaction amounts.

Question 2

How long does it take to get paid?

Accepted Answer

Payment is sent via Interac e-Transfer within 48 hours of your confirmed point transfer. Most customers see funds in their account within 24–48 hours. The entire process from quote request to cash in hand typically takes 3–4 business days.

Question 3

What is the minimum number of points I can sell?

Accepted Answer

The minimum is 25,000 points for all programs — Aeroplan, Amex Membership Rewards, and Marriott Bonvoy. This threshold keeps transactions worthwhile for both parties. If you are close but not there yet, consider accumulating a bit longer before requesting a quote.

Question 4

Do I have to pay taxes on the money I receive?

Accepted Answer

The CRA has not issued definitive guidance on taxing loyalty point sales. Many Canadians treat small amounts similarly to selling personal property. For larger or repeated sales, consulting a tax professional is advisable. We do not issue T4A slips and do not report individual transactions to the CRA. Keep your own records for tax-planning purposes.

Question 5

Should I sell my points or save them for travel?

Accepted Answer

Sell if: you do not travel often, your points are at risk of expiring, you need cash now, or award availability is poor. Redeem if: you have high-value travel planned (business class can exceed 3¢/point in redemption value) or you travel frequently. For most Canadians who do not regularly redeem, selling converts points into guaranteed, immediate cash rather than leaving value sitting unused.