Travel: Step back in time to see these vintage US travel posters

The 18 Best Weekend Getaways From New York City

  The 18 Best Weekend Getaways From New York City From picturesque beaches to dreamy mountain retreats, these weekend getaways are the perfect change of scenery.About two hours or less:

MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from card issuers.

Editor’s note: This is a recurring post, regularly updated with new information.

As great as it is to transfer Capital One miles to 17 airline and hotel partners, doing so isn’t always the best idea. You’ll sometimes get subpar value and you can’t cover all travel expenses this way.

Whether you come across an ultracheap flight deal that doesn’t make sense to book with airline miles, don’t want to worry about chasing award availability or simply can’t use points or miles for your travel expense, consider redeeming your Capital One miles at a fixed value. The process is relatively easy and, unlike transferring Capital One miles, doesn’t require jumping through any hoops. And if you end up canceling a redemption, you won’t have to worry about your points or miles being “stuck” in a program you have little use for beyond your originally-intended award ticket or hotel night.

Our Expert Bakers Found the Best Chocolate Chips

  Our Expert Bakers Found the Best Chocolate Chips Before you make that next batch of cookies, find out what the best chocolate chips are for stirring into the dough. Our pro bakers sampled eight brands in a blind taste test. The post Our Expert Bakers Found the Best Chocolate Chips appeared first on Taste of Home.

Redeeming Capital One miles at a fixed rate can provide up to 1 cent per mile in value. With the Capital One Venture X Rewards Credit Card currently offering a bonus of 100,000 bonus miles once you spend $10,000 on purchases within the first six months from account opening, that is $1,000 you can put toward a travel expenses of your choice.

In this guide, we’ll discuss how you can redeem your Capital One miles at a fixed value.

For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.

In This Post

Redeeming Capital One miles at a fixed value

Before we dive in, here’s a high-level overview of the fixed-value redemption options:

Redemption option Per-mile value
Cover travel purchases. 1 cent.
Book new travel. 1 cent.
Gift cards. 0.8 to 1 cents.
Shop online through Amazon or PayPal. 0.8 cents.
Cash back. 0.5 cents

To see all of your redemption options, sign in to your Capital One account and click on your mileage balance to be taken to the rewards page. Scroll down and you’ll see all your fixed-value redemption options. You can use your miles for travel, gift cards, cash, PayPal purchases, Amazon orders or transfer them to another account.

15 of the best couple looks from the 2022 Vanity Fair Oscar Party

  15 of the best couple looks from the 2022 Vanity Fair Oscar Party Celebrity couples including Sophie Turner and Joe Jonas and Jada Pinkett Smith and Will Smith hit the Vanity Fair party after the Oscars.

(Screenshot from capitalone.com) © The Points Guy (Screenshot from capitalone.com)

When redeeming miles for travel, you can either book new travel or use the miles as a statement credit against previous eligible travel purchases. Regardless of which route you take, the redemption rate is always 1 cent per mile.

Related: Comparing the best fixed-value point credit cards

Redeem for a recent travel purchase

Clicking “Cover Travel Purchases” will bring you to a screen with all your eligible travel purchases made within the last 90 days. The term “travel” is used quite broadly and includes everything from flight and hotel bookings to train tickets, Uber and Airbnb bookings. From there, you’re just two clicks away from offsetting travel expenses on your account with miles.

(Screenshot from capitalone.com) © The Points Guy (Screenshot from capitalone.com)

After selecting the purchase you’d like to cover, you can either approve the redemption outright or edit the number of miles used to get a partial credit toward the charge.

37 of the Best Vintage Furniture Stores in North America

  37 of the Best Vintage Furniture Stores in North America Recycle your style with a good upcycleThe good news is that there are a ton of vintage furniture stores to help, especially less well-known ones that have popped up on the internet over the past couple of years. Many of these vintage dealers and vendors have cast aside brick and mortar locations in order to directly sell on Instagram, thus offering the best goods to an even wider audience, while others maintain IRL shops that are well worth checking out.

Related: How to redeem points and miles for car rentals

Book new travel through Capital One

Alternatively, you can use your miles to book new travel directly through Capital One. The Capital One travel portal looks like any other booking site, and since the miles have a fixed value, you’ll never need to worry about blackout dates or award restrictions.

(Screenshot from capitalone.com) © The Points Guy (Screenshot from capitalone.com)

However, you’ll probably be better off booking your travel using an online travel agency (OTA) like Orbitz or Hotels.com and then offsetting the purchase using the method previously described. After all, many OTAs have their own rewards programs and appear on cash-back shopping portals. So you can double or triple dip on a booking and get even more cash back.

Related: Should you book flights on a travel portal? Comparing fares through Amex, Capital One, Chase and Citi

Redeem for gift cards

Capital One miles typically maintain the same fixed value of 1 cent apiece when redeeming for gift cards. However, you’ll only get 0.8 cents per mile when redeeming for select gift cards, including Amazon, Apple and DoorDash.

28 Top Things to Do in Utah

  28 Top Things to Do in Utah Natural attractions and otherworldly landscapes make Utah one of the most unique states to explore.Soaring sandstone arches and towering hoodoos make Arches National Park in eastern Utah one of the most striking places in the state. Plus, the snow-capped La Sal Mountains in the distance only add to this area's beauty. If you only have a few hours to explore, drive the 18-mile scenic road (Arches Scenic Drive) to enjoy a brief, but thorough tour of the park. You'll pass Balanced Rock as well as the Windows area, which is home to a large concentration of arches. Luckily, there are plenty of spots to pull over and admire the views.

(Screenshot from capitalone.com) © The Points Guy (Screenshot from capitalone.com)

You can often buy gift cards with a discount or cash back, so you’re better off using your miles to offset travel expenses. But, if you want to redeem Capital One miles for gift cards, be sure to do so at a rate of 1 cent per mile.

Related: The best ways to maximize Capital One miles

Shop online with Amazon or PayPal

Another option is to redeem Capital One miles directly when shopping online and checking out through PayPal or Amazon.

(Screenshot from amazon.com) © The Points Guy (Screenshot from amazon.com)

However, you’ll only get 0.8 cents per mile in value this way. As such, you should probably avoid this redemption option.

Related: Not traveling for now? How to maximize your rewards points on other redemptions

Redeem for cash back

The least-valuable redemption option is for cash in the form of an account credit or a check by mail. You’d want to avoid this option because you’ll only get 0.5 cents per mile in value when redeeming for cash-back rewards.

(Screenshot from capitalone.com) © The Points Guy (Screenshot from capitalone.com)

Related: The best cash-back credit cards

Transfer miles to another account

The final way you can redeem your Capital One miles is by transferring your miles to another account — either yours or another person’s account. There are no costs associated with this and, as long as the other person holds a Capital One miles-earning card, there are no restrictions as to who you can send them to. However, you may need to call Capital One to request the transfer.

9 Ways to Show Your Love for the National Parks (Even When You’re Not There)

  9 Ways to Show Your Love for the National Parks (Even When You’re Not There) Courtesy of Pendleton/Good & Well Supply Co./Parks Project/National Park Posters Sales from the national parks merchandise seen here help support various conservancy projects in the United States. The National Park Service (NPS) was founded on August 25, 1916, when President Woodrow Wilson signed the National Park Service Act. Typically, the best way to celebrate America’s Best Idea is to get outdoors and explore any of the 63 national parks in the United States.

Related: Your ultimate guide to family points pooling

Earning Capital One miles

(Photo by John Gribben/The Points Guy) © The Points Guy (Photo by John Gribben/The Points Guy)

Five Capital One cards earn miles instead of just cash back, including a mix of personal and business cards. Here’s an overview of each of the cards’ sign-up bonuses:

  • Capital One Venture X Rewards Credit Card: Earn 100,000 bonus miles when you spend $10,000 on purchases within the first six months from account opening.
  • Capital One Venture Rewards Credit Card: Earn 60,000 bonus miles when you spend $3,000 on purchases within the first three months from account opening.
  • Capital One VentureOne Rewards Credit Card: Earn 20,000 bonus miles once you spend $500 within the first three months from account opening.
  • Capital One Spark Miles for Business: Earn 50,000 miles after you spend $4,500 within the first three months of account opening.
  • Capital One Spark Miles Select for Business: Earn 20,000 miles after you spend $3,000 within the first three months from account opening.

The information for the Capital One Spark Miles Select for Business has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Related: Credit card showdown: Capital One Venture vs. Capital One Venture X

Bottom line

Redeeming Capital One miles at a fixed value is very simple — even beginners to the award travel hobby won’t have any trouble doing so.

When you’re ready to put in more effort and begin experimenting with more complex (and potentially more valuable) redemptions, head to our guide on transferring Capital One miles to airline partners for the full rundown. If you need help deciding how to redeem your miles, check out our post on whether you should transfer Capital One miles to airline partners. Alternatively, you can stick with one of the fixed-value redemptions discussed above.

Finally, if you don’t already have the Capital One Venture X Rewards Credit Card, now is a great time to apply while you can earn up to 100,000 bonus miles after spending $10,000 in the first six months from account opening.

Featured photo by ake1150sb/Getty Images.

SPONSORED: With states reopening, enjoying a meal from a restaurant no longer just means curbside pickup.

And when you do spend on dining, you should use a credit card that will maximize your rewards and potentially even score special discounts. Thanks to temporary card bonuses and changes due to coronavirus, you may even be able to score a meal at your favorite restaurant for free.

These are the best credit cards for dining out, taking out, and ordering in to maximize every meal purchase.

--

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Parisian-Inspired Decor Will Be Everywhere in 2022—Here's How to Get the Look for Under $100 .
We tapped four interior designers to get their take.When it comes to home decor, the French know how to incorporate vintage appeal with contemporary design like no other. While Parisian decor is rooted in historical designs, like gilded gold mirrors and crystal chandeliers, the style also dips its toes into the modern with sleek sculptures and artwork. It's no wonder Parisian-inspired home decor is one of the top trends you'll be seeing everywhere in 2022. And if you want that certain je ne sais quoi at home, pay attention. There are so many easy ways to incorporate the style in your existing space. Hint: You can find it all on Amazon.

See also