Capital One rewards redemption: What to know

If you have a Capital One rewards credit card, it might be time to redeem your miles or cash back for something like a concert ticket, your next flight or purchases at Amazon.com.¹

Learn more about Capital One rewards cards and redemption options that might fit your lifestyle.

Key takeaways

• Capital One rewards cards let cardholders earn cash back or miles on every purchase.
• Cardholders can redeem rewards for cash in the form of checks or account credits, gift cards, and more. Or they can use their rewards to cover recent purchases.²
• There are also options to put rewards toward new purchases through Capital One Travel, Capital One Entertainment, Amazon.com,¹ PayPal³ and more.
• You can view and redeem your rewards by signing in to your Capital One account. 

If you want to get rewarded for every credit card swipe, tap, dip or online purchase, a Capital One rewards card might be right for you. By using a Capital One rewards card, you can earn back a percentage of every dollar you spend in the form of cash back or miles. How much you earn depends on the type of card you use and how you’re using it. 

These Capital One rewards cards help you earn cash back:

• Savor, SavorOne, SavorOne for Good Credit and SavorOne for Students: 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases⁴
• Quicksilver, Quicksilver for Good Credit, Quicksilver for Students and QuicksilverOne: 1.5% cash back on every purchase
• Quicksilver Secured: 1.5% cash back on every purchase with a refundable $200 minimum deposit

These Capital One cards let you earn travel miles:

• Venture X: 10X miles on hotels and rental cars and 5X miles on flights booked through Capital One Travel, plus 2X miles on all other purchases
• Venture: 5X miles on hotels and rental cars booked through Capital One Travel, plus 2X miles on all other purchases
• VentureOne and VentureOne for Good Credit: 5X miles on hotels and rental cars booked through Capital One Travel, plus 1.25X miles on all other purchases

There are plenty of options for redeeming your Capital One rewards, so you have the flexibility to use them your way. If you travel often, you might redeem miles for a future flight or travel purchase. If going out is more your speed, you could redeem rewards for a restaurant gift card and enjoy a meal on the house.

And as you continue to earn rewards, you can redeem them differently each time.

• Cash: Redeem your rewards in the form of a statement credit or check.
• Recent purchase: Use your rewards to get reimbursed for a recent purchase.
• Gift cards: Redeem your cash back rewards as a gift card from restaurants, retailers and more.²
• Amazon.com: Pay for your Amazon.com orders by applying your rewards at checkout.¹
• PayPal: Use your rewards balance as a payment method when checking out online by adding your rewards card to your PayPal wallet.³
• Experiences: Eligible cardholders can use rewards on event tickets for sporting events, concerts and more through Capital One Entertainment.⁵
• Capital One Travel: Book a flight, hotel or rental car through Capital One Travel using your rewards. 
• Travel purchases: Use your miles to cover a travel expense you paid for with your Capital One travel card within 90 days of purchase.
• Transfer miles to loyalty programs: Transfer your miles to more than 15 travel loyalty program partners.⁶

You can find a summary of your rewards and redemption options by signing in to your account. Here’s how:

1. Sign in to your account online or through the Capital One Mobile app.
2. Select your rewards card.
3. Select View Rewards.
4. Choose how you want to redeem your rewards, view your rewards activity and more.

Here are the answers to some frequently asked questions about redeeming Capital One Rewards. 

Capital One rewards cards can help you earn and use cash back or miles in ways that work for you. You can redeem rewards for things like cash, gift cards, experiences, travel purchases and more.

If you’re not already a cardholder, you can compare Capital One rewards credit cards to pick the perks that are right for you. You can also check for pre-approved card offers before you apply. Pre-approval is quick, and it won’t hurt your credit scores.