In 2018, Capital One added transfer partners to its journey rewards playing cards, and since then, it has blossomed into a high quality factors program — greater than 15 airline and resort companions. Capital One miles have gained worth in our valuations in current months as a result of addition of extra switch companions, improved switch ratios and diminished transfer times on your miles to reach on the vacation spot program.
The worth of those popular travel rewards cards has solely elevated with Capital One’s current program enhancements.
On this information, we’ll share easy methods to get the best worth out of the miles you’ve got earned by redeeming your miles for flights or resort stays.
The best way to earn Capital One Miles
You may earn Capital One miles on 5 bank cards:
| Capital One Venture Rewards Credit Card | $95 (see rates and fees) | 75,000 bonus miles if you spend $4,000 on purchases within the first three months from account opening | 2 miles per greenback on purchases, no foreign transaction fees (see rates and fees) and Global Entry/TSA PreCheck application fee credit (as much as $100) |
|---|---|---|---|
| Capital One Venture X Rewards Credit Card | $395 (see rates and fees) | 75,000 bonus miles when you spend $4,000 on purchases throughout the first three months from account opening | 2 miles per greenback on purchases, Global Entry/TSA PreCheck application fee credit (as much as $100), no foreign transaction fees (see rates and fees), extended warranty protection, Capital One Lounge access and 10,000 annual bonus miles |
| Capital One VentureOne Rewards Credit Card | $0 (see rates and fees) | 20,000 bonus miles when you spend $500 throughout the first three months from account opening | 1.25 miles per greenback on all purchases |
| Capital One Spark Miles for Business | $0 introductory annual price the primary yr, then $95 (see rates and fees) | 50,000 bonus miles after you spend $4,500 on purchases throughout the first three months of account opening | 2 miles per greenback on all purchases |
| Capital One Spark Miles Select for Business | $0 | 20,000 miles after you spend $3,000 on purchases throughout the first three months of account opening | 1.5 miles per greenback on all purchases, free worker playing cards |
The knowledge for the Capital One Spark Miles Choose for Enterprise has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.
Do you have to switch capital one miles to airline and resort companions?
You will have two choices for redeeming your Capital One miles: for a hard and fast worth at 1 cent every or by transferring them to airline and hotel partners.
Transferring can get you a greater worth (particularly for luxurious rewards). That is very true if you switch to a accomplice that has retained fixed award charts, and you may pretty simply redeem 50,000 miles for one thing value excess of $500, supplying you with a better redemption worth than the fixed-value choices mentioned beneath.
No matter your redemption possibility, the flexibility to combine and match redemptions to fit your journey wants offers Capital One a novel edge right here.
Associated: Should you use cash or miles to book airline tickets?
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Fastened-value rewards
Capital One gives just a few choices for getting a fixed-value return if you redeem your miles. Nevertheless, not all of those are created equal:
- Redeem for current journey: You should utilize your miles as credit score towards journey purchases made within the final 90 days in your Enterprise or Spark card at a hard and fast fee of 1 cent every. There is no minimal redemption quantity.
- Guide new journey: You may e-book new journey instantly by way of Capital One Travel and redeem your miles on the similar worth of 1 cent apiece, however this might forestall you from double dipping with any rewards program supplied by a web-based journey company. As well as, booking hotels through a third-party site — together with Capital One Journey — would probably forestall you from incomes factors and having fun with relevant elite standing perks. Because of this, you are probably higher off reserving journey instantly after which redeeming your miles towards the cost in your assertion. Nevertheless, you’ll still earn miles on flights booked this fashion and can still enjoy loyalty perks with Hertz* — however not with different rental automotive packages.
- Redeem for present playing cards: You should utilize your Capital One miles for present playing cards on the similar fee of 1 cent per mile. However since present playing cards can usually be bought on sale, redeeming miles to cowl journey purchases is a greater possibility.
- Redeem for leisure: You may redeem your miles by way of Capital One Leisure’s ticketing platform for a price of 0.8 cents per mile, with entry to greater than 500,000 occasions throughout sports activities, music and eating.
- Redeem for money again: It’s best to do every little thing attainable to keep away from this feature, as it would solely present a redemption worth of 0.5 cents per mile.
- Redeem on Amazon and PayPal: You may store with factors on Amazon and PayPal. You will fetch solely 0.8 cents per level in worth right here, so this can be a dangerous proposition except you could have a proposal to get steep discounts when using just 1 point at checkout.
For those who aren’t within the temper to seek for award availability, you’ve got discovered a deal for money airfare or you’ll be able to’t use airline miles on your journey bills, redeem your Capital One miles at a hard and fast worth. The method is comparatively straightforward and does not require leaping by way of any hoops.
Here is a step-by-step information displaying how to use your Capital One miles at a fixed value.
*Upon enrollment, accessible by way of the Capital One web site or cell app, eligible cardholders will stay at upgraded standing degree by way of Dec. 31. Please be aware that enrolling by way of the conventional Hertz Gold Plus Rewards enrollment course of (e.g., at hertz.com) is not going to routinely detect a cardholder as being eligible for this system and cardholders is not going to be routinely upgraded to the relevant standing tier. Further phrases apply.
Transferring Capital One miles to airline and resort companions
You may get extra worth out of your Capital One miles for those who make the most of the issuer’s switch companions. Fortunately, the method of doing so is easy.
The Capital One Rewards journey portal might be accessed instantly from the principle web page of your account by clicking the “View Rewards” button.
From there, discover the “Convert Rewards” part.
Capital One at the moment has greater than 15 airline and resort companions. The packages are:
- Aeromexico Rewards
- Air Canada Aeroplan
- Air France-KLM Flying Blue
- ALL — Accor Reside Limitless
- Avianca LifeMiles
- British Airways Government Membership
- Cathay Pacific Asia Miles
- Selection Privileges
- Emirates Skywards
- Etihad Airways Visitor
- EVA Airways Infinity MileageLands
- Finnair Plus
- Qantas Frequent Flyer
- Singapore Airways KrisFlyer
- TAP Air Portugal Miles&Go
- Turkish Airways Miles&Smiles
- Virgin Purple
- Wyndham Rewards
Associated: How long do Capital One miles transfers take?
The hyperlink to “Switch Miles” is towards the suitable of the web page.
Discover the choice for this system you wish to switch your miles to. When you click on “Switch Miles,” you may be prompted to enter your loyalty quantity for that program and conform to phrases earlier than finishing the switch.
Issues to know earlier than you switch Capital One Miles
Transfers are irreversible as quickly as they’re full, so watch out to enter the precise variety of miles you wish to switch.
Observe that the minimal variety of miles you’ll be able to switch is 1,000; from there, you’ll be able to improve the quantity in increments of 100. This can be a good characteristic that differs from different transferable currencies. For instance, transfers from Chase Ultimate Rewards should be in increments of 1,000 factors. Capital One can thus be particularly helpful if you must prime off your account, although make sure to take note of the switch ratios.
Capital One miles switch at three completely different ratios relying on the accomplice (1:1, 2:1.5 or 2:1), so 10,000 Capital One miles will not get you 10,000 factors or miles for each program. Happily, you will see this data in the course of the switch course of, telling you explicitly what number of factors or miles you will obtain in change for the designated variety of Capital One miles. Switch ratios are additionally discovered within the desk beneath — although be aware that you could be sometimes see transfer bonuses.
As soon as the switch is full, you will see a “Success!” pop-up with a affirmation code it can save you and/or print. That is useful, particularly since three accomplice airways did not offer instant transfer capability as of our newest take a look at.
Associated: The best Capital One credit cards
Capital One switch occasions
Per our newest checks, these are the standard switch occasions on your miles to maneuver from Capital One to the specified loyalty program and their switch ratios.
| Program | Switch time | Switch ratio |
|---|---|---|
| Aeromexico Rewards | On the spot | 1:1 (1,000 miles = 1,000 Aeromexico Rewards factors) |
| Air Canada Aeroplan | On the spot | 1:1 (1,000 miles = 1,000 Aeroplan factors) |
| Air France-KLM Flying Blue | On the spot | 1:1 (1,000 miles = 1,000 Flying Blue miles) |
| Avianca LifeMiles | On the spot | 1:1 (1,000 miles = 1,000 LifeMiles) |
| ALL — Accor Live Limitless | Two enterprise days | 2:1 (1,000 miles = 500 ALL factors) |
| British Airways Executive Club | On the spot | 1:1 (1,000 miles = 1,000 Avios) |
| Cathay Pacific Asia Miles | 24-hour turnaround | 1:1 (1,000 miles = 1,000 Asia Miles) |
| Choice Privileges | 24-hour turnaround | 1:1 (1,000 miles = 1,000 Selection Privileges factors) |
| Emirates Skywards | On the spot | 1:1 (1,000 miles = 1,000 Skywards miles) |
| Etihad Guest | On the spot | 1:1 (1,000 miles = 1,000 Etihad Visitor miles) |
| EVA Airways Infinity MileageLands | 36-hour turnaround | 2:1.5 (1,000 miles = 750 Infinity MileageLands miles) |
| Finnair Plus | On the spot | 1:1 (1,000 miles = 1,000 Finnair Plus factors) |
| Qantas Frequent Flyer | On the spot | 1:1 (1,000 miles = 1,000 Qantas Frequent Flyer factors) |
| Singapore Airlines KrisFlyer | On the spot | 1:1 (1,000 miles = 1,000 KrisFlyer miles) |
| TAP Air Portugal Miles&Go | On the spot | 1:1 (1,000 miles = 1,000 Miles&Go miles) |
| Turkish Airlines Miles&Smiles | On the spot | 1:1 (1,000 miles = 1,000 Miles&Smiles miles) |
| Virgin Purple | On the spot | 1:1 (1,000 miles = 1,000 Virgin factors; Virgin Red points will also be redeemed by way of Virgin Atlantic Flying Membership) |
| Wyndham Rewards | On the spot | 1:1 (1,000 miles = 1,000 Wyndham Rewards factors) |
* Switch occasions might range. Some TPG workers members have reported switch occasions of as much as two weeks for Accor.
Simply because you’ll be able to switch Capital One miles to airline companions doesn’t essentially imply it is best to. We have collected some tips and tricks to get maximum value from your Capital One miles, which ought to allow you to perceive the nice and dangerous redemptions.
Transferring to companions can unlock quite a lot of useful redemptions by way of the above airways, so make sure to contemplate that.
Associated: How to complete a Capital One business credit card application
Backside line
The flexibility to switch Capital One miles to many useful accomplice packages paired with the always-available possibility to make use of your rewards instantly makes for a stable lineup of Capital One credit cards. The forex’s present worth is 1.85 cents in TPG’s most recent valuations.
By transferring to airline and resort companions, you can begin profiting from some unimaginable redemptions.
The truth that each the Enterprise and Enterprise X playing cards characteristic a beneficiant welcome bonus proper now can assist you rapidly amass these useful Capital One miles on your subsequent journey.
For Capital One merchandise listed on this web page, a few of the above advantages are supplied by Visa® or Mastercard® and should range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
