Capital One miles: How to earn, redeem and transfer rewards

Transferable bank card rewards are particularly helpful due to the various methods you’ll be able to redeem them. You is likely to be acquainted with rewards like Chase Ultimate Rewards factors and American Express Membership Rewards factors. However, one other transferable reward currency that may supply important worth to some vacationers is Capital One miles.

Capital One miles are interesting for a number of causes. First, a number of Capital One cards earn no less than 2 miles per greenback on all purchases. Second, it is easy to get no less than 1 cent per Capital One mile whenever you redeem. And third, it is potential to get considerably greater than 1 cent per mile should you use Capital One’s transfer partners.

So, here is every part you should find out about Capital One miles.

Capital One miles are the rewards you earn with choose Capital One cards, together with the Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business.

You’ll be able to redeem these miles in some ways, together with by transferring to pick airline and resort loyalty applications, redeeming for journey booked by the Capital One journey portal and redeeming to cowl current journey purchases.

Associated: Why the Capital One Venture Rewards credit card still has a spot in our wallets

How one can earn Capital One miles

You’ll be able to earn Capital One miles by choose bank cards. Specifically, most Capital One bank cards supply an preliminary sign-up bonus whenever you open a brand new card and meet the required spending necessities to earn the bonus. You will additionally earn miles on most purchases, and a few playing cards even supply anniversary bonus miles annually you renew your card.

Though Capital One provides many various bank cards, the Capital One cards that earn transferable miles are these within the Enterprise and Spark Miles households. This is a fast have a look at a few of these playing cards and their present welcome provides:

• Capital One Venture X Rewards Credit Card ($395 annual charge): Earn 75,000 bonus miles whenever you spend $4,000 on purchases within the first three months from account opening.
• Capital One Venture Rewards Credit Card ($95 annual charge): Earn 75,000 bonus miles after spending $4,000 on purchases inside the first three months of account opening, plus a $250 Capital One Journey credit score within the first cardholder yr.
• Capital One VentureOne Rewards Credit Card (No annual charge): Earn 20,000 bonus miles when you spend $500 on purchases inside the first three months from account opening.
• Capital One Venture X Business ($395 annual charge): Earn 150,000 bonus miles whenever you spend $30,000 within the first three months.
• Capital One Spark Miles for Business ($0 introductory annual charge for the primary yr, then $95 after): Earn a one-time bonus of fifty,000 miles when you spend $4,500 on purchases inside the first three months of account opening.

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The present limited-time welcome supply on the Capital One Venture Rewards Credit Card is value mentioning. In comparison with the usual supply normally out there on this card, it provides a further $250 Capital One Journey credit score within the first cardholder yr.

You’ll be able to convert Capital One money again into miles in case you have one of many above playing cards. So, in case you have a Capital One card just like the Capital One Savor Cash Rewards Credit Card that earns cash-back rewards, you’ll be able to convert your cash-back rewards into Capital One miles should you even have a card that earns Capital One miles.

Associated: The best time to apply for these popular Capital One credit cards based on offer history

Capital One switch companions

Capital One companions with a number of airline and resort loyalty applications. You’ll be able to switch Capital One miles to those accomplice applications after which redeem by these loyalty applications.

This is a have a look at the present Capital One transfer partners and the usual switch ratios:

• Accor Dwell Limitless: 2:1 switch ratio
• Aeromexico Rewards: 1:1 switch ratio
• Air Canada Aeroplan: 1:1 switch ratio
• Air France-KLM Flying Blue: 1:1 switch ratio
• Avianca LifeMiles: 1:1 switch ratio
• British Airways Government Membership: 1:1 switch ratio
• Cathay Asia Miles: 1:1 switch ratio
• Alternative Privileges: 1:1 switch ratio
• Emirates Skywards: 1:1 switch ratio
• Etihad Airways Visitor: 1:1 switch ratio
• EVA Airways Infinity MileageLands: 4:3 switch ratio
• Finnair Plus: 1:1 switch ratio
• JetBlue TrueBlue: 5:3 switch ratio
• Qantas Frequent Flyer: 1:1 switch ratio
• Singapore Airways KrisFlyer: 1:1 switch ratio
• TAP Air Portugal Miles&Go: 1:1 switch ratio
• Turkish Airways Miles&Smiles: 1:1 switch ratio
• Virgin Purple: 1:1 switch ratio
• Wyndham Rewards: 1:1 switch ratio

Transfer bonuses could often allow you to switch Capital One miles to a number of accomplice applications at an elevated fee. However keep in mind that transfers are one-way: Transferring rewards again to Capital One miles is nearly all the time inconceivable as soon as you’ve got transferred them to a loyalty program.

Associated: Why transferable points and miles are worth more than other rewards

How one can redeem Capital One miles

You will see a number of choices for redeeming Capital One miles in your on-line account.

You will sometimes get the very best worth whenever you switch your miles to airline and resort companions. However, you may also get first rate worth when reserving by the Capital One journey portal or redeeming miles to offset current journey purchases. Listed below are your choices and the redemption value every ought to present.

Redeem with airline and resort companions

As talked about above, you may sometimes get the very best worth out of your miles whenever you switch them to airline and resort companions by clicking “Switch rewards.” Within the earlier part, I listed the Capital One switch companions and the ratios at which you’ll switch Capital One miles to every accomplice.

Primarily based on TPG’s February 2025 valuations, you’ll be able to anticipate to get 1.85 cents per Capital One mile whenever you switch to airline and resort companions after which redeem by these applications. Nevertheless, the precise worth you get will rely upon which switch companions you employ and the sorts of awards you e-book with these companions. See our story on maximizing Capital One miles for some suggestions.

Associated: How to transfer Capital One miles to airline and hotel partners

E-book by the Capital One journey portal

You may as well redeem miles at a fee of 1 cent per mile when reserving flights, inns and rental vehicles by the Capital One travel portal.

Nevertheless, should you e-book paid journey by the Capital One journey portal along with your Capital One card that earns transferable miles, you’ll be able to earn 5 or 10 miles per greenback relying in your card and the kind of journey you buy. As such, I like to recommend reserving paid charges as a substitute of redeeming miles whenever you e-book journey by the Capital One journey portal.

Even if you wish to redeem Capital One miles in your flight, resort or automobile rental reserving, you may normally be higher off utilizing miles to cowl current journey purchases as a substitute of redeeming when reserving by the journey portal.

Associated: Should you transfer Capital One miles to partners or redeem directly for travel?

Cowl journey purchases

You’ll be able to redeem Capital One miles to cover recent travel purchases made along with your card. Capital One says eligible journey purchases normally embody these you make from “airways, inns, rail strains, automobile rental businesses, limousine providers, bus strains, cruise strains, taxi cabs, journey brokers and time shares.” Nevertheless, whether or not a particular buy is eligible will depend on the service provider class code connected to the acquisition.

You will see any eligible purchases — that are journey purchases posted to your account within the final 90 days — listed in your on-line account whenever you click on “Cowl journey purchases.” You need to use miles to cowl the complete buy or simply a part of it. Both method, your miles are value 1 cent every whenever you redeem them to cowl current journey purchases.

Associated: Capital One Venture Rewards vs. Capital One Venture X: Worth the extra $300 in annual fees?

Different methods to redeem Capital One miles

As you may need seen within the screenshot above, cardholders have a number of different choices for redeeming Capital One miles. Most of those different redemption choices supply decrease redemption values, so we do not typically suggest utilizing them. However here is an outline of your different redemption choices:

• Redeem for experiences: You’ll be able to redeem miles for sports activities, music, comedy and theater tickets by Capital One Leisure, normally at a redemption fee of 0.8 cents per mile.
• Get reward playing cards: You’ll be able to redeem miles for reward playing cards, normally at a redemption fee of 0.8 cents per mile.
• Redeem for money: You’ll be able to request a press release credit score or a test to your tackle at a redemption fee of 0.5 cents per mile.
• Redeem with PayPal: You’ll be able to apply miles when trying out with PayPal at a redemption fee of 0.8 cents per mile.
• Store with Amazon: You’ll be able to apply miles at checkout in your Amazon orders at a redemption fee of 0.8 cents per mile.

Earlier within the article, we mentioned a number of methods to redeem Capital One miles for no less than 1 cent every. So, there’ll not often be a cause to redeem Capital One miles for something lower than 1 cent every.

When touring abroad, I usually use the Capital One Venture X Rewards Credit Card as my on a regular basis spending card. It would not cost international transaction charges, and I do know I will earn no less than 2 miles per greenback on all purchases. I not often have points utilizing it. However, I additionally typically discover it helpful to have entry to Capital One miles when reserving award flights. So, I am all the time comfortable to earn extra Capital One miles on my on a regular basis purchases.

Now that you know the way to earn and redeem Capital One miles, I anticipate you may additionally perceive their worth — particularly should you switch your miles to airline or resort companions.