![]() Simply use your Capital One card to make a travel purchase - airlines, car rentals, cruises, hotels, taxis, or additional travel services - then use your miles as a credit to cover the cost of the travel after your trip. Use Purchase Eraser: Capital One’s Purchase Eraser feature allows you to apply your miles toward eligible travel expenses incurred within the previous 90 days.Below we detail each redemption option, starting with the most valuable. You can access all of these features in the Capital One rewards center, which is where you’ll need to go when you’re ready to redeem. There is an additional procedure for transferring your rewards. Use a Cash Back Credit Card Redemption options with Capital One milesĬapital One miles provided five “fixed value” options, with each method assigning your miles a different value. If you don’t spend your rewards on travel or gift cards, you’re looking at a low rate of half a cent per mile for redemption.To make the most of your rewards, you’ll only have two options to choose from - travel or gift cards.The annual fee for the two biggest miles-earning cards might be a no-go for some, which leaves you the choice of a less lucrative travel reward card.Refer to your Guide to Benefits for more details. Please note: Terms, conditions and exclusions apply. Each feature zero foreign transaction fees, travel accident insurance, 24-hour travel assistance services, and auto rental collision damage waiver. All of the cards are excellent “in the field” travel cards.Excellent reward value for travel redemptions, and in particular, the program’s retro credit Purchase Eraser option.Less so with the Capital One VentureOne Rewards Credit Card and Capital One Spark Miles Select for Business, but those cards do come without an annual fee. Generous intro offers for the Capital One Venture Rewards Credit Cards and Capital One Spark Miles for Business.Pros and cons of signing up with one of the miles cards include: Pros Unlimited 1.5X miles per dollar on every purchase, everywhereĢ0,000 miles – equal to $200 in travel – once you spend $3,000 on purchases within the first 3 months from account openingĪs with all credit card reward programs, Capital One miles have a few advantages and drawbacks. $0 intro for the first year, $95 thereafter.Ĭapital One Spark Miles Select for Business Unlimited 2X miles per dollar on every purchaseĥ0,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening Unlimited 2X miles on every purchase, every dayĮnjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travelĬapital One VentureOne Rewards Credit CardĢ0,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel The critical factor with every offer is to meet the spending target within three months of opening your account. Welcome bonus: Each of the four miles cards offers a generous bonus, which gives you a large number of points.While the two Spark cards openly advertise this added purchase power, you gain the additional points using the two Venture cards as well. Book hotel and car rentals: Book hotel and car rental reservations through the online Capital One Travel portal, as this earns you five miles for every dollar.Make purchases: All four Capital One miles cards let you earn miles through everyday purchases made with your card. ![]() There are three basic methods for building your Capital One miles reward balance. In most cases, each mile holds a value of one cent for travel and less for other redemption options. ![]() For most Capital One credit cards, you’ll earn between one to two miles for every dollar you spend, though some do offer higher mile rewards in certain categories.Based on your redemption method, those miles carry varying degrees of value. You spend money to earn the reward miles, which you can then turn around and use toward travel, gift cards, or cash back. Capital One miles are the card issuer’s reward currency for the four cards we mentioned above. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |