What can Capital One points be used for?

Question

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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Answer 1 · 2021-10-28 11:23:51

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Chip Lupo, Credit Card Writer

@CLoop • 10/28/21 This answer was first published on 10/28/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Capital One rewards can be used for statement credits, online shopping, gift cards, and booking travel through the Capital One website, among other options. Most Capital One credit card rewards come in the form of miles or cash back instead of points.

A few Capital One cards do offer points, such as the Bass Pro Shops® Credit Card and the Cabela's Credit Card. However, points earned with these cards can only be used for purchases at Bass Pro Shops, Cabela's, and their U.S. affiliates, including some boat centers, restaurants, and resorts.

What Capital One Rewards Can Be Used For

Past Purchases

You can redeem Capital One cash back to cover the cost of any recent purchases, from the Redeem Rewards page. If you're spending miles, you can use them to cover recent travel purchases.

Booking New Travel

You can use Capital One miles to pay for travel though the Capital One website or over the phone. Your rewards can go toward the cost of flights, car rentals, and hotel reservations, for example.

Gift Cards

Capital One offers a selection of gift cards for airlines, hotel chains, and merchants such as Apple and Amazon on their Redeem Rewards page.

Cash Back

You can redeem Capital One miles and cash back in the form of a check or statement credits.

Online Shopping

You can add your Capital One credit card to your Amazon account and pay with miles or cash back at checkout. You can also use Capital One rewards as a payment method on any website that accepts PayPal, by linking your card to your PayPal Wallet.

Transfers to Travel Partners

Capital One miles can be transferred to participating airline and hotel loyalty programs.

Move Rewards Between Cards

If you have eligible Capital One cards, you can move rewards from one card to another. This allows you to turn cash back rewards into miles, for example. Eligible cardholders may also be able to transfer rewards to other people's Capital One credit card accounts.

Bass Pro Shops and Cabela's Purchases

Bass Pro Shops and Cabela's CLUB points are worth 1 cent each and you can only use them to pay for new purchases at Bass Pro Shops, Cabela's, and their affiliates. CLUB points can't be redeemed for cash or a statement credit against past purchases.

Capital One rewards don't expire as long as your account remains open and in good standing, so you have plenty of time to decide on the best redemption option. But keep in mind that miles and points can be subject to rewards devaluation over time, so you should redeem those as often as possible.

What can Capital One points be used for?

Chip Lupo, Credit Card Writer

What Capital One Rewards Can Be Used For

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