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MileHighSwap � Where You Can Barter Frequent Flyer Miles

A new web site aims to provide users with the ability to barter their frequent flyer miles for products, services and other miles. Plus you can also list items you'd like to exchange for an award ticket or specific number of miles.

The developers of the site compare milehighswap.com to eBay, except people are using frequent-flyer miles instead of cash for transactions.

Signing up and posting an item to barter is free, but it will cost $0.99 to contact another user about a possible exchange. If you sign-up for a subscription, you may contact as many users as you�d like for one monthly fee.

If your transaction includes a transfer of miles, you or the person you are trading with are responsible for paying the transfer fees imposed by the airlines. Or you can agree to split the fees, however you determine.

In general, it costs approximately $10 per 1,000 miles, plus a $25 to $30 service fee to transfer miles between accounts.

The web site is similar to LoyaltyMatch.com (where members can buy or trade award merchandise with members of other loyalty programs) and Points.com GPX (which allows members to exchange miles and points).

The difference is that MileHighSwap takes the idea one step further, allowing members to exchange miles or points for anything someone else wants to �sell.�

For more information see http://www.milehighswap.com.

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