June 24, 2024

Of all the massive bank card issuers, Capital One is likely one of the youngest. Launched in 1994, it’s over 100 years youthful than lots of its opponents that hint their roots again to the 1800s. Capital One Miles, its journey rewards program, can be youthful than its opponents, and it affords robust worth to cardholders who know the perfect methods to redeem these factors. 

There are lots of methods to make use of Capital One Miles, however when they’re transferred to airline miles or lodge factors, and redeemed for expense flights or lodging, it’s typically potential to appreciate two cents in value-per-mile redeemed. 

Capital One factors worth when reserving journey

When Capital One first launched its card_name, prospects had been primarily in a position to redeem their miles for one cent every as credit in direction of any journey buy. This function was referred to as the “buy eraser” and it might be used to pay for journey prices made throughout the earlier 90 days. 

Worth when transferring to Capital One companions

Flying Blue (Air France-KLM)

2.2 (1.1 per Capital One MIle redeemed)

Common Level Worth Per Companion

Worth when transferring Capital One miles to motels

Capital One has two lodge switch companions, Accor Stay Limitless, and Wyndham Rewards. Accor Stay Limitless is the rewards program for Accor motels, which incorporates over 50 manufacturers akin to Fairmount, Sofitel, Movenpick and Swillhotel. 

The Accor Stay Limitless loyalty program is remarkably easy, and affords a flat 2.2 cents in worth per level redeemed. Rewards should be redeemed in 2,000 level increments, which equates to roughly $44 in direction of your keep. However since Capital One miles switch to Accor at a 2:1 ratio, you’ll obtain simply 1.1 cents in worth per Mile transferred this fashion. 

Then again, the Wyndham Rewards affords a extra conventional lodge rewards program, with free evening stays pricing out at 7,500, 15,000 or 30,000 factors per evening at their many lodge manufacturers together with La Quinta, Days Inn and Ramada. You can too redeem Wyndham Rewards for trip rental properties managed by a number of manufacturers together with Vacasa. 

If you redeem your factors for a trip rental keep, you’ll pay 15,000 factors per bed room, per evening. This will provide distinctive worth, as many one-bedroom trip leases at ski slopes or seaside resorts typically promote for as a lot as $300 per evening. These awards can yield roughly two cents per level when used on this method. 

How you can earn Capital One rewards factors with bank cards

Capital One has seven completely different bank cards that supply Capital One miles. These embrace 4 playing cards for shoppers and three for small enterprise homeowners. 

card_name

card_name

The card_name is an entry degree journey rewards card which affords new candidates bonus_miles_full. It additionally incorporates a intro_apr_rate,intro_apr_duration introductory financing on each new purchases and stability transfers (after which common APR might be reg_apr,reg_apr_type). When used for spending, you’ll earn 5x miles per greenback spent on motels and rental automobiles booked by means of Capital One Journey. You additionally earn limitless 1.25 miles per greenback spent. There’s a annual_fees annual payment for this card.

card_name

card_name

Whereas most journey rewards playing cards are solely provided to these with wonderful credit score, this model of the VentureOne card is made for many who have had some minor credit score issues. It has the identical phrases as the usual VentureOne, together with limitless 1.25 miles on all purchases and no annual payment. However there’s no signup bonus and no promotional financing provide. 

card_name

card_name

With the card_name, you possibly can bonus_miles_full. It additionally options 5x miles per greenback spent on motels and rental automobiles booked by means of Capital One Journey. 

You additionally earn limitless double miles per greenback spent on all purchases. It comes with two free airport lounge visits at Capital One lounges or different associate lounges. There’s a annual_fees annual payment for this card.

card_name

card_name

card_name is Capital One’s premium journey rewards card. New candidates can bonus_miles_full. When used for spending, it affords 10x miles on motels and rental automobiles booked by means of Capital One Journey and 5X miles on flights booked by means of Capital One Journey. 

You earn double miles on all different purchases. Advantages embrace a $300 annual credit score in direction of journey booked by means of Capital One, and a $100 credit score in direction of the appliance payment for World Entry or TSA PreCheck. This card additionally comes with entry to Capital One and Precedence Cross Choose lounges. There’s a annual_fees annual payment for this card, and also you get 10,000 bonus miles every year in your account anniversary. 

card_name

card_name

This entry degree journey rewards card for small enterprise homeowners affords new candidates 20,000 bonus miles after spending $3,000 on new purchases inside three months of account opening. It additionally options intro_apr_rate,intro_apr_duration

When used for spending, you’ll earn 5x miles per greenback spent on motels and rental automobiles booked by means of Capital One Journey. You additionally earn limitless 1.5 miles per greenback spent. There’s no annual payment for this card.

card_name (2x Miles)

card_name

The card_name allows candidates to bonus_miles_full. It additionally options 5x miles per greenback spent on motels and rental automobiles booked by means of Capital One Journey. You additionally earn limitless double miles per greenback spent on all purchases. Its annual payment is annual_fees.

Capital One Enterprise X Enterprise Rewards Cost Card

This premium enterprise card requires that you simply make your whole month-to-month funds in full or face a 2.99% late payment. In any other case, the phrases are much like the Enterprise X card for shoppers. You’ll earn limitless 2X miles on all purchases, in addition to 10X miles on motels and rental automobiles and 5X miles on flights when booked by means of Capital One Journey. 

You additionally obtain $300 in annual assertion credit in direction of journey booked by means of Capital One, and 10,000 bonus miles every year in your account anniversary. This card additionally comes with entry to airport lounges operated by Capital One and people which might be a part of the Precedence Cross Choose community. There’s a $395 annual payment for this card. 

How you can use Capital One miles

Like most premium journey rewards applications, there are a number of methods to redeem your Capital One Miles. 

Make reservations by means of Capital One Journey

Capital One Journey is a full-service on-line journey company that gives flights, motels and rental automobiles. You possibly can redeem your Capital One Miles for one cent every towards journey booked this fashion. 

Buy eraser

Capital One permits you to guide reservations by means of any journey supplier, and use your miles to pay for it. Every Capital One Mile is value one cent every when redeemed this fashion. 

Reward playing cards

You possibly can redeem your Capital One Miles for present playing cards with a lot of nationwide manufacturers akin to Greatest Purchase, DoorDash, Lowe’s and Starbucks. If you redeem your rewards this fashion, you’ll obtain 0.8 to 1.0 cents in worth per mile redeemed. 

Money Again

Whilst you can redeem your Capital One Miles for money again, this feature affords the least worth. You solely obtain 0.5 cents per mile while you redeem them for money again as a press release credit score or as a examine.

Purchasing with factors by means of PayPal or Amazon

You possibly can hyperlink your PayPal or Amazon account to Capital One and use your miles to pay for purchases. Nonetheless,  you’ll obtain 0.8 cents in worth per mile redeemed. 

Transfers to journey companions

You possibly can switch your Capital One Miles to frequent flier miles with 14 airline companions, or to factors with two lodge loyalty applications. The worth you’re going to get from these transfers will range relying on the way you redeem these factors or miles. Nonetheless, you possibly can typically obtain considerably multiple cent per mile redeemed while you switch your rewards strategically.

Capital One Rewards vs. the competitors

With regards to bank cards that supply journey rewards applications, Capital One Miles has three  main opponents:

Chase Final Rewards

This program affords rewards by means of quite a few Chase playing cards together with the Sapphire Reserve, Sapphire Most popular and Ink Enterprise Most popular. Factors may be transferred to 14 airline and lodge companions. The energy of this program rests in a few of its switch companions that aren’t provided by competing applications together with United Airways, Southwest Airways and Hyatt motels. 

American Categorical Membership Rewards

This is likely one of the oldest versatile journey rewards applications and it affords 20 airline and lodge switch companions. A number of the distinctive choices embrace Delta, ANA Airways and Hawaiian. You can too switch to Hilton Honors at a 1:2 ratio. 

Citi ThankYou Factors

This program is obtainable by the Citi Premier. And when you can earn Citi ThankYou Factors from the Citi Double Money, you possibly can’t switch them to most airline and lodge companions except you even have a Citi Premier. Its most respected switch companions not provided by most of its opponents embrace Turkish Airways and Selection Motels. In actual fact, you possibly can switch Citi ThankYou Factors to Selection Motels at a 1:2 ratio.

Steadily requested questions (FAQs)

How do I convert Capital One factors to {dollars}?

If you login to your Capital One account, and choose rewards, you’ll see the choice to redeem your rewards for a examine or a press release credit score. Nonetheless, you’ll solely obtain 0.5 cents per mile redeemed. 

How a lot are 50,000 Capital One factors value?

All of it will depend on how your factors are redeemed. If redeemed for money, you’ll obtain solely $250. If redeemed for present playing cards, you’ll get $400 – $500 value. If redeemed for journey reservations made by means of Capital One Journey, or to pay for different journey reservations, you’ll get 1.0 cents per mile, or $500. However in the event you switch your rewards to airline miles or lodge factors, then it’s potential to obtain a number of cents in worth per mile redeemed.

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