How do you redeem rewards on a Capital One credit card?

To redeem your Capital One Spark Business rewards, log in to either the Capital One website or the mobile app, and navigate to the rewards summary. Then, choose a redemption amount and redemption method to complete the process.

The redemption options will depend on which Capital One Spark Business credit card you have: Capital One Spark Miles for Business (2 miles per $1), Capital One Spark Cash Select - $500 Cash Bonus (1.5 - 5% cash back), and Capital One Spark Miles Select for Business (1.5 miles per $1).… read full answer

Here’s how to redeem Capital One Spark Business rewards:

1. Log in to or create an online account on the Capital One website. Alternatively, use the Capital One mobile app.
2. Click “View Rewards,” on the left side of the account summary.
3. Click “See All Options” (to the right of your rewards summary).
4. Choose how you want to redeem your Capital One Spark Business rewards.

Miles can be redeemed for flights, hotels, vacation packages, and more. Plus, there is no minimum redemption required. Cash back rewards can be redeemed for statement credits, checks, gift cards, and more. You can redeem the cash back rewards at any time, with no minimum redemption threshold.

Capital One miles are worth 1 cent each when redeemed for travel, 0.8 cents each when redeemed for gift cards and 0.5 cents each when redeemed for cash back. That means 20,000 Capital One miles are worth $200 in travel or $100 in cash back.

Capital One Miles Value

Travel Purchases:… read full answer 1 cent per mile.

Redeeming your miles for travel is easy and you have two options: You can use your miles to erase past travel-related purchases, or to book upcoming trips. To redeem your miles for recent travel purchases, log on to your Capital One account and click on the “Rewards Miles” section of your account summary. Select “Cover Your Purchases,” and all of your travel expenses from the last 90 days will appear. Then select whichever ones you want to redeem miles for.

To book travel using your miles, select the “Book a Trip” option, and it’ll take you to Capital One’s travel portal where you can book flights, hotels, and vacation packages directly, using your miles.

Gift cards: 0.8 cent per mile.

You can get gift cards from most major retailers. Denominations vary by store.

Cash back: 0.5 cent per mile.

You can redeem your Capital One miles in the form of a statement credit or a check.

So, keep in mind that using your miles for gift cards or as a statement credit to cover non-travel purchases diminishes the value of your mile; each mile being worth half a cent when redeemed for gift cards or non-travel credits. When it comes to Capital One credit cards with miles, you’ll get the most value when redeeming your miles for travel.

Ultimately, you can check out our editors' latest picks for the best travel credit cards on the market and see which one better suits your needs.

Capital One rewards do not expire as long as the account is open and in good standing. You will forfeit any rewards you have yet to redeem if you or Capital One closes your account for any reason.

Although Capital One rewards don’t expire until the account is closed, it’s still a good idea to redeem your rewards as often as possible. Just bear in mind that Capital One will not allow you to earn or redeem any rewards whenever you’re late making the minimum payments.… read full answer