Axis Magnus Is encashing miles on TechnoFino safe?

[Hisoka]

Hey everyone. I’ve around 1.6L miles with me (including miles to come on Aug 10)

I’ve used my miles only for Vistara flights. And I don’t want to transfer so many points at once to Vistara as we don’t know what will happen to it after Air India merger.

I’ve seen people on threads exchanging points for cash for 50-60p/mile. My question is that how does it work? I know there’s a thread on TechnoFino called RML group but is that also safe?

What’s the guarantee that once I transfer my miles to that person’s account I’ll receive cash for that? Has anyone tried encashing their miles?

I just need little guidance here as to whether this step is safe or should I redeem all of them to Club Vistara. I know people transferring those points to Accor or SQ will squeeze out much more value than me.

Thanks

 

[PiperatGatesofDawn]

Send me your miles. I will keep them safe till you receive your payment.

Trust me bro.

 

[Hisoka]

Send me your miles. I will keep them safe till you receive your payment.

Trust me bro.

Yupp, this is what I don't want

 

[vishnucn]

It is better to transfer to accor as 2000 points gives you 40 euro (3600rs) value, if you encash it you will get a maximum of 1000 rs for 2000 points

 

[chasni]

Hey everyone. I’ve around 1.6L miles with me (including miles to come on Aug 10)

I’ve used my miles only for Vistara flights. And I don’t want to transfer so many points at once to Vistara as we don’t know what will happen to it after Air India merger.

I’ve seen people on threads exchanging points for cash for 50-60p/mile. My question is that how does it work? I know there’s a thread on TechnoFino called RML group but is that also safe?

What’s the guarantee that once I transfer my miles to that person’s account I’ll receive cash for that? Has anyone tried encashing their miles?

I just need little guidance here as to whether this step is safe or should I redeem all of them to Club Vistara. I know people transferring those points to Accor or SQ will squeeze out much more value than me.

Thanks

Transfer to ITC or Accor. Enjoy a weekend with family at a 5-star property. A lot more relaxing than trying to figure out how to sell ER points.

 

[Hisoka]

Transfer to ITC or Accor. Enjoy a weekend with family at a 5-star property. A lot relaxing than trying to figure out how to sell ER points.

Is Accor worth it for one time use? I'll have to pay 12k points/year for the membership, only after that I'd be able to book hotels on Accor.

 

[BeingIncog]

Trust me

@Trust Me

 

[chasni]

Is Accor worth it for one time use? I'll have to pay 12k points/year for the membership, only after that I'd be able to book hotels on Accor.

You can just sign up and get basic Classic membership (Free). Transfer your points and redeem. No need to buy paid membership if you don't want.

Edit: You don't need paid membership to redeem points.

 

[Hisoka]

You can just sign up and get basic Classic membership (Free). Transfer your points and redeem. No need to buy paid membership if you don't want.

What's the difference between both memberships if we're able to book all hotels at same 1.8/point rate?

 

[chasni]

What's the difference between both memberships if we're able to book all hotels at same 1.8/point rate?

Paid gets you some extra benefits like extra discount on booking, free dining vouchers, 1 free night and some more

 

[Rkr]

Hey everyone. I’ve around 1.6L miles with me (including miles to come on Aug 10)

I’ve used my miles only for Vistara flights. And I don’t want to transfer so many points at once to Vistara as we don’t know what will happen to it after Air India merger.

I’ve seen people on threads exchanging points for cash for 50-60p/mile. My question is that how does it work? I know there’s a thread on TechnoFino called RML group but is that also safe?

What’s the guarantee that once I transfer my miles to that person’s account I’ll receive cash for that? Has anyone tried encashing their miles?

I just need little guidance here as to whether this step is safe or should I redeem all of them to Club Vistara. I know people transferring those points to Accor or SQ will squeeze out much more value than me.

Thanks

Use RML group for secure and seamless and verified exchanges..

 

[Rkr]

Yupp, this is what I don't want

If you want peace of mind in exchanging then exchange with verified users through RML group.

 

[Hisoka]

If you want peace of mind in exchanging then exchange with verified users through RML group.

What difference does it make if users are verified? They can also not pay after getting points. Anyway, I’ve DMed TechnoFino regarding RML initiation

 

[sxchzy]

Hey everyone. I’ve around 1.6L miles with me (including miles to come on Aug 10)

I’ve used my miles only for Vistara flights. And I don’t want to transfer so many points at once to Vistara as we don’t know what will happen to it after Air India merger.

I’ve seen people on threads exchanging points for cash for 50-60p/mile. My question is that how does it work? I know there’s a thread on TechnoFino called RML group but is that also safe?

What’s the guarantee that once I transfer my miles to that person’s account I’ll receive cash for that? Has anyone tried encashing their miles?

I just need little guidance here as to whether this step is safe or should I redeem all of them to Club Vistara. I know people transferring those points to Accor or SQ will squeeze out much more value than me.

Thanks

include technofino as the escrow person.
he will take advance payment from the guy and wont release it to yu until the points are transferred to the buyers account.
also vistara had explicitly mentioned in a email that after the merger which is not yet certain due to cci hinderence nothing will change as in the reward redmption rate.
or else transfer to hotels like itc,accor,bonvy
or international partners like ethiad united

 

[Hisoka]

include technofino as the escrow person.
he will take advance payment from the guy and wont release it to yu until the points are transferred to the buyers account.
also vistara had explicitly mentioned in a email that after the merger which is not yet certain due to cci hinderence nothing will change as in the reward redmption rate.
or else transfer to hotels like itc,accor,bonvy
or international partners like ethiad united

Got it! But transferring points worth 20 flight tickets seems overkill to me 😅
Even I don't know how much time will it take to utilise these on Vistara alone

 

[sxchzy]

Got it! But transferring points worth 20 flight tickets seems overkill to me 😅
Even I don't know how much time will it take to utilise these on Vistara alone

then do partially to vistara
partially to united,ethiad
and rest to accor,itc,marriot.
also instead of selling here at 70 paise
transfer to your vistara acc and book tickets for your friends at 1:1 ratio

 

[Hisoka]

then do partially to vistara
partially to united,ethiad
and rest to accor,itc,marriot.
also instead of selling here at 70 paise
transfer to your vistara acc and book tickets for your friends at 1:1 ratio

Damn people are actually able to sell for 70p? I thought it's 60 max. Yeah your point is right, but they don't usually agree. If you just go with the price, there are better deals via Skyscanner or MMT. Also, CV points have soft expiry right? Like if I transfer points now I can extend the validity of all points by transferring some more points after few months, like Accor.

 

[Rkr]

What difference does it make if users are verified? They can also not pay after getting points. Anyway, I’ve DMed TechnoFino regarding RML initiation

Involve the Admin @TechnoFino in this process ...For safe and secure, worry free payment and exchange.

 

[ak93]

Damn people are actually able to sell for 70p? I thought it's 60 max. Yeah your point is right, but they don't usually agree. If you just go with the price, there are better deals via Skyscanner or MMT. Also, CV points have soft expiry right? Like if I transfer points now I can extend the validity of all points by transferring some more points after few months, like Accor.

70p per ER is actually a decent deal for people who are not going to use points. 1 ER = 0.8 CV, so even if you consider 1 CV = ₹1, selling ER at 70p would be 12.5% discount which you would usually get anyways if you book through third party websites.

Staying at ITC or Marriot just because you have points does not make sense to everyone when you can get cash and use it for cheaper hotels.

 

[mohitgolcha]

How to get access to RML?