While most airlines do not allow you to "cash out" miles directly through their official portals at a 1:1 value, there are several ways to convert them in 2026. Many credit card rewards programs that partner with airlines (like Chase or Amex) allow you to use points for "Statement Credits," though often at a lower value than travel redemptions. There are also third-party mileage brokers and platforms like The Miles Market or MilesBuyer that offer to buy your miles for cash, usually paying via PayPal or bank transfer. However, travelers should be cautious: selling miles often violates the airline's Terms and Conditions, which could lead to your frequent flyer account being frozen or shut down. A safer "cash-equivalent" method is using miles to buy gift cards for retailers like Amazon or Starbucks through the airline's shopping portal, which provides a liquid value without the risk of violating program rules.