Using credit cards for your spending can help you accumulate a significant amount of points for your award purchases. Among all the available options, the Capital One credit card offers the best value, specifically when you use it to book a flight and related services. These purchases often provide a value of 1 to 2.5 cents per mile, depending on how you choose to use them, making your spending more beneficial than just paying with cash.
Follow this guide to understand—How much are capital one miles worth. Along with this, get insights into the ideal way for redemption and how to ensure you’re maximizing the value of your rewards.
The Capital One Mile Value You Through Its Travel Portal
Wondering How much are Capital One points worth? Every mile will be worth precisely one cent towards the cost of your flight, hotel, or rental car using your Capital One credit card reward to book a flight via the Capital One website. This is regardless of where you are going or what type of travel you are booking, and the value will be the same for every award purchase.
Though the travel portal is completely user-friendly, flight booking is as easy as possible. However, you should pay close attention to some of the setbacks that may arise during the booking procedures.
Firstly, you should always book your flights or other services directly from the travel provider instead of third-party agencies. Make reservations for hotels and rental cars directly to earn elite status credit cards and attached benefits. Connecting with the service provider will give you more control over making changes or canceling your reservation if needed.
Generally, you will get more excellent value for your miles by transferring them to Capital One travel partners or a hotel loyalty program. The value you earn here will be more than using them directly through the credit card company’s travel portal to book flights or hotels. In case the hotel you want to book is not part of a significant chain, using their official portal might be your only option to save money.
Miles Worth When Transferring To Capital One Travel Partners
Instead of using your miles to book flights directly through the Capital One travel portal, you can get more value by transferring them to partner airlines like Aeroplan. This might allow you to redeem them for premium seats on flights at a great deal. For instance, a business class ticket from Denver to London would require the same number of Capital One miles as Aeroplan points at a 1:1 ratio. You will get more for your miles by transferring them to a partner program.
Otherwise, the cash cost of your flight would have been over $5,000. By using your Capital One miles in this specific way, you will get a value of over seven cents per mile. This is significantly more than the standard value you would receive if you simply redeem them through the Capital One travel portal.
The following is the list of Capital One travel partners to whom you can transfer points at a 1:1 ratio:
- Aeromexico Club Premier
- Air Canada Aeroplan
- Cathay Pacific Asia Miles
- Avianca LifeMiles
- British Airways Executive Club
- Choice Privileges
- Emirates Skywards
- Etihad Guest
- Finnair Plus
- Flying Blue
- Qantas Frequent Flyer
- Singapore Airlines KrisFlyer
- TAP Miles&Go
- Turkish Airlines Miles&Smiles
- Virgin Red
- Wyndham Rewards
- EVA Air Infinity MileageLands (1.5:1 ratio)
- ALL (Accor Live Limitless) (2:1 ratio)
Capital One Transfer Partners Sweet Spots
By now, you must understand that you can transfer your reward points to a variety of airline and hotel loyalty programs. While some partners offer better value than others, there are specific programs where you can get particularly good deals on flight or hotel stays by transferring your Capital One points to them. These are considered “sweet spots” for maximizing the Capital One miles value.
- Air Canada allows passengers to add a lap child to their reservation for just 5,000 points per flight.
- Passengers can also add a stopover to their Air Canada flight for 5,000 points.
- Those flying on Turkish Airlines can book a one-way ticket from mainland U.S. to Hawaii for just 10,000 miles.
- Avianca Lifemiles members can select each leg of their award flight individually. This means they can save miles by purchasing economy tickets on short flights and business tickets on long-haul flights.
- Singapore Airlines’ decision to release more award seats to its own KrisFlyer program than to partner programs makes it easier to find business class awards.
- When booking first class on Emirates, it is best to use Emirates Skywards miles.
- Travelers can convert Virgin Red points to Virgin Atlantic points, which they can use to book flights on All Nippon Airways (ANA).
What You Get Out Of Capital One Points?
While travelers can redeem Capital One points for various things, such as merchandise or gift cards, the ideal way to use them is to book travel (flights, hotels, etc.). Using the Capital One travel portal is recommended to maximize the redemption value. This will generally give you the highest value per mile compared to other redemption options.
For instance, if you want to book a vacation rental using accumulated points from a loyalty program, Airbnb and VRBO are good options because they don’t have such programs. However, by using Wyndham’s partnership with Vacasa, you can use your Wyndham rewards points to book entire vacation homes instead of just hotel rooms.
In addition to travel, you can use your Capital One points to buy gift cards or get cash back. However, this will not get you the best value for your miles compared to using them for travel-related purchases. More importantly, redeeming miles for non-travel options will lower overall reward value. The Capital One miles value will look something like the following:
| Gift Cards, Cash-Backs, & Others | Miles Value |
| Amazon purchases | Miles are worth 0.8 cents each |
| PayPal | 0.8 cents each |
| Statement credits | 1 cent each |
| Gift cards | 0.8 cents each |
| Cashback | 0.5 cents each |
Time To Conclude!
After wrapping up our informative blog on How much are Capital One Miles worth? We have concluded that the value of Capital One Miles is between 1.0 cents and 1.8 cents each. The redemption value depends on how you use them and for what purpose. Depending on this, your points value increases and decreases. You get the best value when you use your hard-earned miles for travel-related purchases (flights, hotels, and rental cars), primarily through the Capital One travel portal. This also includes another redemption method like transferring these points to the airline partners for premium travel options.
Questions You May Have:
Depending on how you use your points for redemptions, the Capital One miles are worth between 1.0 cents and 1.8 cents each.
The 50,000 Capital One miles can be worth between $500 and $1,250, depending on what service you choose to redeem them.
10,000 Capital One miles can be worth between $100 and $250, depending on how you redeem them.
Redeeming 75,000 Capital One miles allows you to make purchases of between $750 and $1,875, depending on how you redeem them.
20,000 Capital One miles can be around $200 when you use them for travel, based on the value of 1 cent per mile.
Capital One miles are worth around 1 cent each, and many travelers consider this a good value for everyday spending.
The number of required Capital One miles for a free flight depends on the selected destination, route, airline, ticket class, and whether you choose the Capital One travel portal.
No. Capital One miles do not expire as long as your account is active. You can redeem these accumulated miles for flights, hotels, car rentals, and more.
You cannot directly convert Capital One miles to dollars, but in cashback forms, such as a statement credit. However, the value of miles decreases by half.
Capital One Mile can be a good option for frequent flyers, as they offer great value when redeemed for travel purposes.
This totally depends on the selected destination, route, and selected airline.
Travelers can use Capital One miles to book award flights on many major airlines, such as Air Canada, United Airlines, and Singapore Airlines.
Yes. Allpoint ATMs are fee-free for Capital One checking customers. It is one of the ATM networks that Capital One partners with.
Capital One issues both Visa and MasterCard credit cards. Travelers can use them to make purchases, earn rewards, and build credit.
Yes. Capital One provides 5% cash back on Capital One Entertainment, and you also get 1.5% cash back on all other purchases.
Yes. Passengers holding Capital One credit cards get access to Partner Lounge Network, which also includes Priority Pass.
Capital One mile is used for various purposes other than just travell purchases. You can use the accumulated points to purchase gift cards, hotel reservations, etc.
Absolutely. You can trans your Capital One miles to another person as long as they also have a Capital One card that earns miles.
Capital One has various transfer partners, including Marriott Bonvoy. So, yes, you can transfer miles between these two accounts.
The Capital One does not provide any mile calculator on its official website. However, third-part websites provide calculators that estimate the value of Capital One miles.
The value of Capital One Venture miles is around 1.8 cents each, again varying according to your selected redemption method.
The Spark Miles Select is a business credit card provided by Capital One. Travelers can use this card to earn travel rewards in the form of miles.
