![]() You typically receive 50 cents per 100 miles, which is half the value of redeeming through Capital One Travel or covering a past travel purchase. One such trusted site is Undercover Tourist, which lets you buy Disney tickets, which you could then cover using your Capital One miles.Ĭash back isn’t the best redemption option for Capital One miles. You typically won’t be able to count tickets to amusement parks as travel, including Universal Studios and Disneyland.Ĭapital One will sometimes count things such as amusement park tickets as travel if you use a third-party site that sells legitimate tickets. You might also see public transportation and rideshares show up as travel. But be careful, not every purchase counts as “travel.” So it might require a bit of testing and research on your end to see whether a specific purchase codes as travel and can be covered with miles.įlights, hotel stays, and car rentals are common travel purchases. If you think about it, this opens up loads of redemption opportunities. And if you’re using miles to cover travel purchases, you can basically redeem miles for any travel-related expense. That might not sound like a sweet deal until you realize you can book in expensive areas that would normally cost much more, including Hawaii, Washington, and New York.Īpart from flights and hotel stays, you can also redeem miles for car rentals through the Capital One Travel portal. So a 1-bedroom vacation rental would cost 15,000 points per night. The Wyndham-Vacasa award chart charges 15,000 points per bedroom per night. Vacasa is a vacation rental site similar to Airbnb and VRBO. The Wyndham Rewards program lets you use points toward Vacasa stays. Note that there’s a unique method for using miles on lodging by transferring rewards to Wyndham. The best way for you depends on your preferences, but covering past hotel stays is an easy way to earn miles for a purchase and then redeem miles at a decent rate. You can use Capital One Travel as an easy method to book hotels, transfer miles to a hotel partner, or cover a past hotel stay with miles. ![]() Redeeming your miles for hotel stays follows the same principle as redeeming your miles for flights. There are three main ways you can redeem Capital One miles for hotels: The benefit of this method is that you get to both earn miles for booking a flight and also redeem miles at 100 miles per $1 toward your travel purchase. This involves paying for a flight and then using miles to cover that purchase once it posts to your credit card account. Perhaps striking a balance between simplicity and good value is using your miles to cover past travel purchases. This value would go down a bit after calculating the cost of the taxes and fees, but it would still be more than $1 per 100 miles on a flight from Europe to Asia. And that gives you a value of about 1.8 cents per mile, or about $1 per 180 miles using this calculation: $3,180.15 / 175,500 = 0.01812. That’s about $3,180.15 at the current exchange rate (as of Dec. Cost in miles: 175,500 miles, plus taxes and fees.Here’s an example of a business class flight on Air France from Paris to Tokyo: You might be able to get much more than the standard $1 per 100 miles from your travel rewards with the right redemption, which is often a round-trip flight in business class or first class. ![]() It’s easy to transfer miles in your online account, but this is a more advanced strategy because the redemption value can vary. You can also transfer your miles to more than a dozen Capital One transfer partners, including Air Canada, Air France KLM, and British Airways. Transferring miles to travel partners for flights So a $500 flight would cost 50,000 miles. This is often the easiest way to book flights with your Capital One miles and it provides a redemption value of $1 per 100 miles. Simply plug in some details about your itinerary and search for flights. You can use it like you would any other travel booking platform, such as Expedia or Priceline.
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