Capital One Miles Value. 50,000 miles after spending $4,500 on purchases within the 3 months of account opening. So for example, the Capital One Venture comes with 50,000 Capital One miles after you spend $3,000 on purchases within the first 3 months from account opening. That bonus is worth at least $500 in travel.
To use this feature, just login to your Capital One account and click on your rewards balance. Then you'll have the option to “Redeem Travel Purchases,” also known as the Purchase Eraser. From there, you can choose which travel purchases you would like to use your miles to pay for.
You can use Capital One miles for a wide range of travel purchases, like Airbnb stays, hotels, flights, and more. And they're super easy to redeem. Capital One miles are usually not worth as much as airline miles or hotel points, but they're also generally easier to use.
In other words, the Venture card doesn't earn 2 airline miles per dollar everywhere. Instead it earns either 1.5 or 1 airline mile per dollar everywhere depending upon the airline. In this post, I'll show you how to decide whether to use Capital One “miles” or airline miles when booking a Delta flight.
Although Capital One Venture miles can't be transferred to any airline or hotel programs, the strength of the Capital One rewards program is its flexibility. You can redeem miles to pay for nearly any travel purchases made anywhere. There are no blackout dates and no limits.
Capital One Miles is the rewards currency earned by certain business and consumer credit cards issued by Capital One. Depending on the card you have, you'll score 1-2 miles with every dollar you spend. Capital One Miles can be used in a variety of ways, and are generally worth between half a cent and one cent apiece.
With Capital One's new airline partners, you also have the option to transfer your miles. Miles can be transferred to any of 14 partner airline loyalty programs: Aeromexico Club Premier.
- Capital One rewards redemption options.
- Booking travel through the Capital One Travel Center.
- Using the Capital One Purchase Eraser.
- Using miles for cash back.
- Using miles to buy gift cards.
- Using miles to shop on Amazon.
- Transferring points to a Capital One travel partner.
- Best combined value and flexibility: Purchase Eraser.
Redeem Rewards in the Capital One Mobile App
- Select your Savor account.
- Tap your rewards cash amount at the top of the screen, or scroll down to Redeem Rewards. (Both options take you to the same place.)
- Select Redeem a Purchase, Redeem for a Gift Card or Credit Your Account.
How to Combine Capital One Miles
- Click “Rewards Miles” on Your Account Homepage. Log into your Capital One online account and click the “Rewards Miles” link under the “Make a Payment” button.
- Click the “Share Your Rewards” Box.
- Choose the Account You Want to Share Your Capital One Miles With.
Let's take a deeper look into the ways you can hack as much value as possible out of your Capital One Venture rewards.
- Sign Up When You Are about to Make a Big Purchase.
- Pay Your Bills Right Away.
- Use Your Venture Card to Shop Around and Abroad.
- Book Flights through the Capital One Site.
You'll earn rewards on most purchases (purchase checks, purchase credits, travelers' check purchases, cash advances, access checks, and cash equivalent transactions don't earn rewards). You can redeem your available rewards whenever you'd like as long as your account is open and in good standing.