A Traveler’s Guide To Capital One Miles

When you’re searching for a first-rate instance of how a bank card rewards program can offset journey prices and maximize worth, look no additional than Capital One miles. This rewards program is user-friendly, versatile and provides numerous useful redemption choices.

Right here’s an outline of what Capital One miles are, how one can earn and redeem them, which bank cards earn Capital One miles and all the things else it’s good to learn about this rewards program.

Capital One miles fundamentals

Capital One miles are what you earn in Capital One’s journey credit score card rewards program. With this program, you’ll earn miles on all qualifying purchases, which you’ll be able to then redeem for journey or non-travel choices. The variety of miles you’ll earn varies relying on the cardboard you may have, however a number of Capital One playing cards permit you to earn extra miles for sure kinds of journey purchases.

Who’s the Capital One miles program finest for?

The Capital One miles rewards program is finest for individuals who journey incessantly and would fairly earn and redeem versatile journey rewards as a substitute of money again. Those that have a couple of Capital One journey bank card may even doubtless profit from this program.

How a lot are Capital One miles value?

The baseline worth for Capital One miles is 1 cents every, however they are often value as much as about 1.7 cents every when transferred to a high-value journey accomplice, in keeping with valuations from Bankrate. In fact, the way you select to redeem your rewards finally determines the worth of your rewards.

How do Capital One miles examine to different packages?

Bankrate’s valuation for Capital One miles falls into the mid to excessive vary for bank card rewards packages. For comparability, right here is how Capital One miles stack up towards factors from different prime bank card rewards packages when these factors are redeemed with high-value switch companions:

Capital One miles switch companions

Transferring miles to Capital One switch companions is a simple, easy course of — however it’s additionally an irreversible one. While you switch your miles to a loyalty accomplice, you received’t have any technique to get them again, so be sure to solely switch what you’re planning on utilizing. Listed below are the checklist of airline and lodge loyalty packages you’ll be able to switch your miles to:

Airways

At the moment, you’ll be able to switch Capital One miles to greater than 15 airline loyalty packages. With most Capital One companions, the minimal miles allowed per switch is 1,000. All the following packages have a 1:1 switch ratio (until in any other case famous) — that means that 1,000 Capital One miles will equal 1,000 airline loyalty factors or miles — until in any other case famous:

• Accor Reside Limitless (2:1)
• Aeromexico Membership Premier
• Air Canada (Aeroplan)
• Air France/KLM Flying Blue
• Avianca LifeMiles
• British Airways Government Membership
• Cathay Pacific Asia Miles
• Selection Privileges
• Emirates Skywards
• Etihad Visitor
• EVA Air (2:1.5)
• Finnair Plus
• Flying Blue
• Qantas Frequent Flyer
• Singapore Airways KrisFlyer
• TAP Miles&Go
• Turkish Airways Miles&Smiles
• Virgin Crimson
• Wyndham Rewards

Lodges

Capital One has two lodge switch accomplice loyalty packages you’ll be able to switch rewards to: Selection Privileges and Wyndham Rewards.

The Selection Privileges loyalty program lets you keep at any of the 12 Selection Resort manufacturers, together with High quality Inn, Sleep Inn, MainStay Suites and the Ascend Resort Assortment. The Wyndham Rewards loyalty program provides vacationers greater than 50,000 places throughout Wyndham Lodges manufacturers, together with Days Inn, Travelodge, Howard Johnson, Ramada and Baymont.

For each companions, Capital One miles will switch at a charge of 1:1.

Easy methods to earn Capital One miles

Many individuals don’t make the most of the total potential of their journey rewards playing cards as a result of the method will be complicated and overwhelming. Fortunately, incomes miles towards your subsequent flight or lodge keep is simple with Capital One.

Make purchases with eligible bank cards

To earn miles, merely use one of many Capital One bank cards that earns them. These playing cards embody the next:

With these Capital One playing cards, there’s no restrict to the variety of miles you’ll be able to earn — a extremely fascinating characteristic. Regardless of which card you may have, you’ll earn miles on all purchases you make.

Earn an eligible bank card’s welcome bonus

All the above-mentioned Capital One playing cards supply welcome bonuses for brand spanking new cardholders. Which means you’d get the possibility to earn hundreds of additional miles so long as you meet sure spending necessities.

For instance, you’ll be able to earn 75,000 miles after spending $4,000 inside the first three months from account opening for the Capital One Enterprise X. Or, you could possibly earn 50,000 miles after spending $4,500 inside the first three months with the Capital One Spark Miles for Enterprise.

Pool collectively rewards from different playing cards

If in case you have a couple of bank card within the Capital One ecosystem, then you definately might be able to maximize your rewards even additional. By pairing a Capital One journey rewards bank card with an eligible money again bank card, you’ll be able to convert your money again into miles if you switch them to your journey rewards card. Money again will be transferred at a charge of 1 cent : 1 mile, so it’s an excellent deal total.

For instance, let’s say you pair the Capital One Enterprise X with a money again card just like the Capital One Savor Money Rewards Credit score Card. When you earn $200 in money again annually together with your Savor, you’ll be able to convert that to twenty,000 miles so as to add to your Enterprise X whole.

Easy methods to redeem Capital One miles

To redeem your Capital One miles, observe these steps:

1. Log in to your account. This may be achieved through the web site or Capital One cellular app.
2. Click on on the “Discover Rewards & Advantages” part. On the cellular app, you’ll see a tab on the prime labeled “Redeem” which can checklist all of the methods you’ll be able to redeem your rewards. On the web site, these choices shall be proven on the “Dwelling” tab.
3. Select your redemption choice. If you wish to transfer your miles to a different card as a substitute, select “Transfer Rewards.”

Listed below are all of the methods you’ll be able to redeem your Capital One miles:

• Redeem for journey purchases: One of the simplest ways to redeem Capital One miles is for journey purchases, together with transfers to Capital One journey companions. Via the Capital One Journey portal, you’ll be able to redeem your miles for flights, lodge stays, automotive leases, trip packages and extra.
• Redeem for transfers to journey companions: Capital One has greater than 15 airline and lodge companions you’ll be able to switch your rewards to. As with reserving journey by means of Capital One Journey, this is likely one of the finest methods to redeem your rewards, because you’ll often get way more worth out of your miles.
• Redeem for reward playing cards: When you don’t wish to use your miles for journey, you too can redeem them for reward playing cards to common retailers. Some retailers embody Apple, Finest Purchase and Barnes & Noble.
• Redeem for money again: Money again will be redeemed within the type of an announcement credit score, account credit score or test. Nonetheless, understand that this isn’t one of the simplest ways to make use of Capital One miles because you’ll get far much less worth out of this redemption technique than you’ll with journey purchases.
• Redeem for occasion tickets: Another choice is to redeem your miles for tickets to all kinds of occasions — together with sports activities, eating and music occasions — by means of Capital One Leisure. Once more, the worth of the rewards isn’t as strong this manner.
• Redeem for PayPal or Amazon purchasing: With PayPal, you’ll store with a collaborating service provider and select the choice to checkout with PayPal. Then, you’ll select your linked Capital One card and pay with Capital One miles. With Amazon, you’ll hyperlink your eligible Capital One card to its Store with Factors program. Then, you’ll store on Amazon and select to pay with Capital One miles.

The underside line

The Capital One miles program is user-friendly, versatile and simple to grasp. You possibly can earn miles rapidly on eligible purchases made with a Capital One journey card of your alternative. Plus, there are not any particular classes you’ll want to recollect for incomes rewards, and there’s no cap on the variety of rewards you’ll be able to earn. As for redeeming miles, the sky’s the restrict — your subsequent flight, lodge keep or trip might be coated simply through the use of your Capital One journey card.

When you’re undecided whether or not incomes Capital One miles is the appropriate transfer for you, take into account trying out different journey bank cards and their rewards packages earlier than you resolve.

Regularly requested questions on Capital One miles