Rodney Bennett, WalletHub Analyst
The Capital One Venture miles conversion rate is 1 cent per 1 mile when redeemed for travel purchases. Capital One Venture’s conversion rate is typically 0.5 cents per 1 mile when cardholders redeem for cash back. You can also convert miles to gift cards, transfer miles to Partner Airlines and more. Rates for these options vary and are subject to change without notice.
Here are the Capital One Venture miles conversion rates:
- Travel purchases – 1 cent per mile: You can use your miles to book flights, car rentals and hotels through Capital One Travel. Alternatively, you can redeem your miles and receive an account credit for past travel purchases charged to your Capital One Venture. Redemptions must be made within 90 days from the date the travel purchase posts to your account.
- Cash back – 0.5 cents per mile: You can convert miles directly to cash back either in the form of a statement credit or a check.
- Gift cards and merchandise – rates vary and are subject to change without notice: You can sign in to your Capital One online account to view mile conversion rates for gift card and other redemption options. Bear in mind that when you redeem your miles for gift cards, you must redeem in certain increments that correspond to gift card denominations.
- Transfer to Travel Loyalty Program – up to over 1 cent per mile: You can transfer your earned miles to Capital One’s 15+ travel loyalty programs such as those from Air France & KLM, Air Canada and Emirates. You can view the different transfer ratios and their conversion rates by logging into your online account.
Capital One Venture miles are most valuable and very easy to use when converted into travel. And you can either use them toward future bookings or redeem your miles as a statement credit for travel purchases made in the past 90 days.
Capital One Venture reward miles do not expire as long as your account is open. But if your account is closed for any reason, you will lose any rewards you have not redeemed.
Capital One Venture Rewards Credit Card
People also ask
Did we answer your question?