You can redeem rewards on a Capital One credit card by signing in in to your account online or by using the Capital One mobile app, and clicking on the “View Rewards” button or the rewards total at the top of the page. From there, you’ll see a list of rewards redemption options.... read full answer
The exact options depend on which Capital One credit card you have, but some common things you can do with your rewards include getting gift cards, paying for specific purchases or redeeming for cash back as a statement credit or paper check. You can also transfer your rewards to another Capital One credit card account.
How to Redeem Rewards on Popular Capital One Credit Cards
Capital One Venture Rewards Credit Card and Capital One VentureOne Rewards Credit Card
Miles can be redeemed for travel booking through the Capital One portal, or to “pay for” eligible travel purchases made in the past 90 days – from plane tickets to rideshare charges. You can also redeem your miles for gift cards, for cash back as a statement credit or a check, or you can transfer your miles to another Capital One account or an outside travel loyalty program.
Capital One Quicksilver Cash Rewards Credit Card and Capital One QuicksilverOne Cash Rewards Credit Card
Rewards can be redeemed as a statement credit or checks, or for gift cards. You can also redeem for credits toward previous purchases or share your rewards with another Capital One account (yours or someone else’s).
Capital One Savor Cash Rewards Credit Card and Capital One SavorOne Cash Rewards Credit Card
Rewards are redeemable as a statement credit or checks, as well as for gift cards and credits toward previous purchases.
Journey Student Rewards from Capital One
Rewards can be redeemed for cash back (as a statement credit or a check), gift cards, or credits toward previous purchases.
Capital One gives customers with cash back credit cards – Capital One Quicksilver, Capital One QuicksilverOne, Capital One Savor, Capital One SavorOne, and Capital One Journey – the option to set up automatic cash back redemptions when their rewards balance reaches a certain amount (with options starting at $25). You can also set up annual rewards redemption.
To set up auto-redemption, go to the Capital One rewards redemption page while you’re logged in, and click on the “Rewards Settings” tab. You can choose to redeem for statement credits or paper checks in the mail.
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