Wish to save much more cash when reserving flights and resorts along with your Capital One Venture Rewards Credit Card?
TPG values Capital One miles at 1.85 cents every, per our March 2025 valuations, while you switch your miles to airline and hotel partners corresponding to British Airways, Turkish Airlines and Wyndham Hotels. However in the event you do not plan to switch your miles to one among Capital One’s 15-plus companions to maximise your rewards, here is a straightforward hack you should utilize.
With the Capital One Venture Rewards Credit Card, you may earn 5 miles per greenback spent on resorts, trip leases and rental automobiles booked by means of the Capital One Journey portal and a pair of miles per greenback spent on all different purchases.
As a limited-time provide, new cardholders can earn 75,000 bonus miles after spending $4,000 on purchases throughout the first three months from account opening, plus a $250 Capital One Journey credit score to make use of within the first cardholder 12 months.
So, the place do additional financial savings are available in?
Should you e book by means of Capital One Travel, you may pay with miles at a hard and fast worth of 1 cent per mile or with money. For instance, for this keep in Miami, at checkout (not together with the lodge service payment due at check-in), you may pay both $411.74 or 41,174 miles (a worth of 1 cent per mile).
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Should you have been to redeem your miles at checkout, your card would by no means be charged; subsequently, you wouldn’t earn any extra rewards. Nevertheless, in the event you have been to pay along with your Enterprise Rewards card, you’ll earn 5 miles per greenback spent on this buy. That interprets to 2,058 miles.
Since Capital One additionally enables you to cover travel purchases out of your assertion inside 90 days of the acquisition date at a fee of 1 cent per mile, redeeming your rewards this manner lets you earn miles in your spending.
Subsequently, as soon as this journey buy is posted to my account, I can nonetheless use 41,174 Capital One miles to take away it from my assertion as if my card was by no means charged. As a result of I initially bought my journey with money as a substitute of redeeming my miles, I am 2,058 miles richer. That is round a 5% rebate on my lodge reserving by means of the portal.
The draw back to doing this? You possible is not going to earn lodge factors or be capable of use elite status benefits on bookings made by means of Capital One Journey. It is because the main lodge chains normally require you to e book on to obtain these advantages. Nevertheless, flights booked by means of Capital One Journey sometimes earn miles as regular and are eligible for all elite standing advantages, so be sure to add your frequent flyer quantity earlier than you fly.
Subsequently, in the event you do not plan to switch your Capital One miles to companions however need to redeem your rewards on resorts, trip leases and rental automobiles, you may e book by means of the Capital One portal and pay along with your bank card, incomes 5 miles per greenback spent. Then, redeem your miles at a fee of 1 cent per mile to successfully save 5% on all resorts, trip leases and rental automobiles.
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