6,000 Capital One miles are worth an average of $42, depending on how you redeem them. Capital One miles are worth the most when redeemed for travel, but you can also redeem for a statement credit, a check or gift cards, among other options.
To redeem Capital One miles for travel, log into the Capital One Travel portal and book flights, hotel rooms or rental cars. Alternatively, you can spend miles to cover recent travel charges on your card using the Purchase Eraser feature. You can also transfer your miles to one of Capital One’s travel partners, usually at a 1:1 ratio.
Capital One miles are worth between 0.5 cents and 1 cent each, depending on what you spend them on. They do not expire as long as your account remains open and in good standing, but you should still redeem them as often as possible to avoid rewards devaluation.
Capital One Venture miles are worth 1 cent each when you redeem them for travel expenses. For example, you can either use miles to pay for travel-related purchases that appear on your bill or book travel with miles through Capital One. But each Venture miles is worth just half a cent or less each when redeemed for gift cards or cash back.
It makes sense that Capital One Venture Rewards miles are worth the...
The Capital One Venture miles conversion rate is 1 cent per mile when redeemed for travel purchases and 0.5 cents per mile for cash back. You can also convert miles to gift cards, transfer miles to airline partners, and more. Just keep in mind that conversation rates vary based on the redemption options and are subject to change without notice.
Here are the Capital One Venture miles conversion rates:
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: 1 cent per mile.
Redeeming your miles for travel is easy and you have two options: You can use your miles...
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