I love that Capital One Venture Card miles are flexible and easy to use. Right now they are offering the best sign-up bonus I have ever seen for this card. They haven’t said when the offer will end, just that it’s available for a limited time.
How to Redeem Capital One Venture Card Miles
Most travel credit cards are locked into one airline or hotel company, making it difficult to get the exact vacation you were hoping for. The great thing about the Venture Card is that you can use the miles on anything that codes as “travel” on your bill. This makes the miles very flexible and valuable.You can use Capital One Venture Miles on flights from any airline, any hotel company, any rental car company, for a cruise, bus tickets, train tickets, and the list goes on and on. You pay for these things using your Venture card, then log in to your account, click on “view rewards” then “redemptions” and you just erase the purchase off of your bill using your points. 100 points will “erase” $1, so your 75,000 points is worth $750.
The $250 travel credit works a bit differently. You use it toward purchases made through Capital One Travel Portal. The Credit may be used in whole for a single purchase or in part over multiple purchases. Keep in mind that credits expire a year after you open your account.
My Favorite Ways to Use Capital One Venture Card Miles
Hotels and plane tickets are easy to get for points, but what about tickets to Disneyland? There’s even a way to get them for FREE using credit card points. You need to purchase the tickets with your Capital One Venture card from a travel website like www.arestravel.com. They also have tickets to Universal Studios, LEGOLAND, Sea World and more.
If you buy them directly from Disney, it will not be coded as travel. If you get Disneyland tickets from a travel website, you can erase them from your bill. You have 90 days from the purchase to erase them, so you could even use the purchase of the tickets to help you meet your minimum spend, then erase them once you get the points
When I’m traveling with a large group I love staying at an Airbnb, but they don’t offer any credit card sign-up bonuses. You know I’m not about to pay with cash for a vacation, so what’s a girl to do? Luckily, Airbnb codes on your bill as “travel” so you can use your Capital One Venture Card miles. Victory is mine!
Some Things to Note About Capital One Venture Card Miles
Your miles are linked to your Capital One credit card account, so if you want to use the miles, you need to keep your account open. I usually close my card 11 months after I open it so I don't have to pay another annual fee, but if you haven't redeemed your miles yet, you would want to keep your credit card open.
Remember to use this link so you can get the sign-up bonus when you apply. Do not add anyone as an "authorized user." After you are approved, you can get another bonus by referring your spouse and they can also get a sign-up bonus. If you add someone as an authorized user they can't get a sign-up bonus for their own card.
Some people have asked if the Capital One Venture X card is worth it, and the short answer is “no.” I wouldn’t get it because it has a higher annual fee, $395 instead of $95. They will give you a $300 travel credit to help offset the higher fee, but the math just doesn’t make sense to me, pay $300 to get a $300 credit.
Other Perks From The Capital One Venture Card
If you want to skip security lines at the airport, you can receive a statement credit of up to $120 for Global Entry or TSA PreCheck. You can also enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection. I’ve never tried either of these options, but they sound great.
If you aren’t into travel you can also use your miles to pay for purchases on Amazon.com or use them at other online retailers that take PayPal. You can also redeem your miles for physical or digital gift cards. You can even get cash back, either as a statement credit or a check.
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