Capital One Venture Rewards Card intro to points and miles

Should you like to journey and wish to learn the way points and miles may assist you pay in your subsequent journey, the Capital One Venture Rewards Credit Card is a good choice to start your rewards journey.

Once you spend in your Enterprise Rewards card, you may earn Capital One miles. It is a priceless foreign money that you should utilize to e book journey by means of the Capital One Travel portal at a worth of 1 cent per mile.

And, when you’re able to leverage Capital One’s a number of transfer partners, you could possibly unlock high-value redemptions.

On this information, I will clarify how to use your Capital One Venture card to maximise your spending and begin traveling in luxury.

With most playing cards, the majority of the worth you may earn is in its welcome offer, and the Capital One Venture Rewards isn’t any exception.

You may earn 75,000 bonus miles after you spend $4,000 on the cardboard throughout the first three months of account opening, plus a $250 Capital One Journey credit score to make use of in your first cardholder 12 months . This bonus is open to new cardholders for a restricted time, so make sure to act quick in case you’re curious about incomes it.

You need to use these bonus miles in a number of methods, together with a easy redemption by means of the Capital One Journey portal at a worth of 1 cent per mile. Nonetheless, you may discover the most value in case you leverage Capital One’s switch companions.

TPG’s March 2025 valuations deem Capital One miles value 1.85 cents apiece, which suggests these 75,000 miles might be value as much as $1,388 when used to e book with loyalty companions. With the addition of a $250 credit score you should utilize by means of Capital One Journey in your first 12 months, this welcome supply is value as much as $1,638 — an above-average bonus for the card.

On prime of the welcome supply, you may earn an infinite 5 miles per greenback on lodges, trip leases and rental vehicles booked by means of Capital One Journey, and an infinite 2 miles per greenback on all other purchases.

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The Capital One Enterprise Rewards comes with a average $95 annual payment.

Associated: Current welcome offer on the Capital One Venture Rewards

One of the best ways to get probably the most worth out of the miles earned along with your Capital One Venture Rewards card is to transfer them to one among Capital One’s 15-plus switch companions.

You are able to do this by signing up for hotel and airline loyalty programs (it is free) and looking for award availability with these companions. Ensure there’s award space to e book earlier than you switch your miles to a associate.

And sure, Capital One does permit you to use miles to cover travel purchases on your credit card statement. Nonetheless, this is probably not one of the best use of your hard-earned miles for the reason that worth is fastened.

Redeeming miles as an announcement credit score or to cowl purchases made by means of Capital One Journey will solely web you a most worth of 1 cent per mile.

That falls wanting TPG’s March 2025 valuation of Capital One miles at 1.85 cents per level when utilizing switch companions. So, studying methods to leverage loyalty program companions can pay out in the long term.

Associated: How to redeem Capital One’s 75,000-mile welcome offer for maximum value

Every program transfers miles into its own currency at a singular ratio. Listed below are those to know:

For probably the most half, miles switch at a 1:1 ratio. The exceptions are EVA Airways Air Infinity MileageLands, JetBlue TrueBlue and ALL Accor Reside Limitless.

Associated: Ultimate guide to Capital One airline and hotel transfer partners

Some airline switch companions may be better than others, and that is primarily based on their respective award charts.

For instance, you should utilize Air Canada Aeroplan to e book a flight from San Francisco to London in enterprise class for 70,000 miles.

The place issues get fascinating and what makes Aeroplan a lucrative transfer partner is their stopover program for award tickets.

For example you wish to fly from San Francisco to London and Istanbul. You’ll be able to e book a stopover ticket by flying from San Francisco to London in United Polaris, staying 4 nights after which persevering with onward to Istanbul on Turkish Airways, all for 95,000 miles in enterprise class.

Should you favor a first-class seat, you possibly can switch your miles to Etihad Visitor to e book an American Airlines flight.

You’ll be able to fly in first from Los Angeles Worldwide Airport (LAX) to London’s Heathrow Airport (LHR) or Tokyo’s Haneda Airport (HND) for under 62,500 Etihad Visitor miles every approach. Nonetheless, award availability may be tough to nail down.

It is all the time vital to keep in mind that many airways use dynamic award pricing for his or her award tickets, so it might take time and endurance to safe an awesome deal. Particular award ticket costs may be onerous to safe and should change at any time.

Associated: Cashing in Capital One miles? How to get the maximum value when redeeming miles

These are just some of the straightforward award redemptions you can also make with Capital One miles. Increase your financial institution of Capital One miles provides you extra redemption choices, together with transferring miles for premium cabin airfare or higher-category hotel rooms.

It is good observe to remain updated with airline award and lodge award charts to higher perceive how one can maximize your miles and revel in your travels.

To study extra, learn our full review of the Capital One Venture Rewards.

Study extra: Capital One Venture Rewards

Associated: Why I keep the Capital One Venture Rewards card in my wallet