If you’re looking for a prime example of how a credit card reward program can offset travel expenses and maximize value, look for more than a mile of capital. This Rewards program is user-friendly, flexible and offers many valuable redemption options.
This is an overview of how to earn and redeem a mile. Credit cards are all you need to know about this reward program, earning a capital mile.
The basics of the Capital One Mile
A mile of capital is what you earn on capital travel card Reward program. This program allows you to earn miles on all eligible purchases. This allows you to redeem any options other than travel or travel. The number of miles you earn depends on the card you have, but with some Capital One cards you can earn more miles for certain types of travel purchases.
Who is the Capital One Mile Program?
The Capital One Miles Rewards program is perfect for frequent travelers. Earn and redeem flexible travel rewards Instead of cashback. Those with multiple Capital One travel credit cards may also benefit from this program.
How much is Capital worth a mile?
The baseline value for each mile of capital is 1 cent each, but when you move to a more valuable travel partner, you’re worth up to 1.7 cent each. Evaluation from Bankrates. Of course, how you choose how to redeem your reward will ultimately determine the value of your reward.
How does Capital One Miles compare to other programs?
A bank rate rating for capital is divided into mid- to high ranges of credit card reward programs. For comparison, here is how a mile of capital stacks from other points Top Credit Card Reward Program If these points are exchanged for a high value transfer partner:
Credit Card Reward Program | value* |
---|---|
American Express Membership Rewards | 2.0 cents |
Chase Ultimate Rewards (earned from Sapphire and Ink Cards) | 2.0 cents |
Capital 1 mile | 1.7 cents |
Thank you Citi points (earn from premium cards like the City Strata Premium Card) | 1.6 cents |
Bank of America Premium Rewards | 1.0 cents |
Discover | 1.0 cents |
Capital One Miles Transfer Partners
Transfer miles to capital One Transfer Partner It’s a simple and easy process, but also an irreversible process. If you transfer your miles to your loyalty partner, there is no way to regain them. Therefore, please only transfer the ones you are using. Here is a list of airline and hotel loyalty programs:
Airlines
Currently, you can transfer a mile to loyalty programs for airlines that have more than 15 or more mile. For most Capital One partners, the minimum miles allowed per transfer is 1,000. All of the following programs have a 1:1 transfer ratio (unless otherwise stated) – means that 1,000 capital will equal 1,000 airline royalty points or miles – unless otherwise stated:
- Accor Live Limitless (2:1)
- Aeromexico Club Premier
- Air Canada (Aero Plan)
- Air France/KLM Flying Blue
- Avianca Lifemiles
- British Airways Executive Club
- Cathay Pacific Asia Mile
- Selection privilege
- Emirates Skyward
- Etihad Guest
- Eva Air (2:1.5)
- Finnair Plus
- I’ll fly blue
- Qantas Frequent Flyer
- Krisflyer from Singapore Airlines
- Tap the miles to go
- Turkish Airlines Miles & Smile
- Virgin Red
- Wyndham Reward
Hotel
Capital One has two Hotel Transfer Partner Loyalty Programs. You can select the reward. Selection Privilege and Wyndham Rewards.
The Selection Privilege Loyalty Program allows you to stay in one of 12 Selection Hotel Brands, including Quality Inn, Sleep Inn, Mainstay Suites, and Ascend Hotel Collection. The Wyndham Rewards Loyalty program offers travelers more than 50,000 locations under the Wyndham Hotels brand, including Days Inn, Travelodge, Howard Johnson, Ramada and Baymont.
For both partners, Capital One Mill moves at a 1:1 rate.
How to earn 1 mile of capital
Many people are not making the most of the possibilities of travel reward cards as the process can be confusing and overwhelming. Luckily, earning miles for your next flight or hotel stay is easy.
Buy with a qualified credit card
To earn miles, simply use one of the Capital One credit cards that earn them. These cards include:
Card name | Year commission | Remuneration rate |
---|---|---|
Capital One VentureOne rewards credit cards | $0 |
|
Capital One Venture Rewards Credit Card | $95 |
|
Capital One Venture X Rewards Credit Card | $395 |
|
Capital One Venture X Business | $395 |
|
Capital 1 Spark Mile | The first year’s $0 intro. Then $95 |
|
With these Capital One cards, there is no limit to the number of miles you can earn. It is a highly desirable feature. Whichever card you have, you’ll earn miles with every purchase you make.
Earn a welcome bonus for eligible credit cards
All of the Capital One cards above offer a welcome bonus to new cardholders. This means that as long as you meet certain spending requirements, you will have the opportunity to earn thousands of extra miles.
For example, you can spend $4,000 within the first three months from your Capital One Venture X account and then earn 75,000 miles. Alternatively, you can spend $4,500 within the first three months with Capital One Spark Miles for Business and then earn 50,000 miles.
Pool rewards from other cards together
If you have multiple credit cards in the Capital 1 ecosystem, you may be able to do so Maximize your rewards moreover. By pairing with Capital One Travel Rewards Credit Card with a qualifying cashback credit card, you can convert cash into miles when transferring to your Travel Rewards Card. Cashback can be transferred at a rate of 1 cent:1 mile, which is a significant amount overall.
For example, let’s say you Combine Capital One Venture X with a cashback card Like Capital One Savor Cash Rewards Credit Card. If you earn $200 in cashback each year, you can convert it to 20,000 miles and add it to your venture x total.
How to redeem 1 mile of capital
To redeem one mile of the capital, follow these steps:
- Log in to your account. This can be done via the website or via the Capital One mobile app.
- Click on the Explore Rewards and Benefits section. The mobile app will display a tab labeled “Redeem” at the top, listing all ways to redeem your rewards. On the website, these options are displayed in the Home tab.
- Please select the redemption option. If you want to transfer miles to another card instead, select Move Rewards.
Here are all the ways you can redeem a mile in the capital:
- Exchange travel purchases: The best way to redeem a capital mile is to buy a trip, such as transferring to one travel partner. You can redeem miles for flights, hotel stays, car rentals, vacation packages and more through the Capital One Travel portal.
- Exchange transfers to travel partners: Capital One has over 15 airlines and hotel partners. Like bookings with Capital One Travel, this is usually one of the best ways to redeem your rewards, as you get much more value from your miles.
- Redeem gift cards: If you don’t want to spend your miles on your trip, you can also redeem a popular merchant for a gift card. Some merchants include Apple, Best Buy, Barnes & Noble.
- Redemption for cashback: Cashback can be redeemed in the form of statement credits, account credits, or cheques. However, keep in mind that this is not the best way to use a mile of capital, as this redemption method offers much less value than a trip purchase.
- Redeem your event ticket: Another option is to redeem miles through Capital One Entertainment for tickets to a variety of events, including sports, dining and music events. Again, the value of the reward is not this robust.
- Redeem PayPal or Amazon Shopping: With PayPal, you can shop with participating merchants and select the option to check out with PayPal. Next, select your Linked Capital One card and pay for 1 Capital mile. With Amazon, you can link eligible Capital One cards to that shop using the Points Program. You then choose to shop on Amazon and pay with a mile of capital.
Conclusion
The Capital One Miles program is easy to use, flexible and easy to understand. Earn miles immediately with qualified purchases made with capital Your choice of travel cards. Plus, there are no special categories that you need to remember to earn rewards. There is also no limit to the number of rewards you can earn. When it comes to redemption of miles, the sky is at its limit. Your next flight, hotel stay or vacation can be covered simply by using the Capital One Travel Card.
If you’re not sure whether you’re making capital or not, consider checking if a mile is the right move for you Travel credit cards Their reward program before you decide.