How Much Are Capita...
 

How Much Are Capital One Miles Worth?

12 Posts
4 Users
0 Reactions
537 Views
Posts: 40245
Admin
Topic starter
(@lucky)
Member
Joined: 13 years ago
[#12869]
wpf-cross-image

Capital One’s mileage currency has become increasingly popular in recent years, especially with the value proposition and rewards structure of the Capital One Venture X Rewards Credit Card (review) and Capital One Venture X Business (review). Readers have had questions about my valuation of Capital One miles, so in this post, I wanted to share…

Continue reading: How Much Are Capital One Miles Worth?

Share your questions, experiences, and thoughts below.


11 Replies
11 Replies
(@Sel, D.)
Joined: 8 years ago

Posts: 1002

No spend requirement for $200 Airbnb rental credit, other than at least $200 on Airbnb to receive the credit. That sentence could possibly be worded better or separated from the 100k miles statement - I interpreted it to mean I needed to spend the $10k to get the $200 credit, which isn’t true.


Reply
(@Alex Z)
Joined: 8 years ago

Posts: 47

@ Lucky

How can you value Chase points same as AMEX, Capital One and Citi? Chase has 2 unique transfer partners that is Hyatt and United. In the case of Hyatt it's not only unique but also of great value. Not of the other programs have a more valuable hotel transfer partner


Reply
Admin
(@lucky)
Joined: 13 years ago

Member
Posts: 40245

@ Sel, D. -- Good point, I rephrased that to make it clearer. Thanks!


Reply
Admin
(@lucky)
Joined: 13 years ago

Member
Posts: 40245

@ Alex Z -- Fair question. You're right that Chase has the huge advantage of having World of Hyatt, which is probably my single favorite transfer partner of any program. Personally I don't value United MileagePlus as a transfer partner, because United rarely has better pricing than other Star Alliance options.

There are two downsides to Chase. First of all, Chase doesn't have as many transfer bonuses as we typically see from other programs. Furthermore, Chase doesn't have as many transfer partners as other programs.

I also think it's important to point out that Capital One has Turkish Airlines as a transfer partner, as there are some unique redemption opportunities there.


Reply
(@mch321)
Joined: 5 years ago

Member
Posts: 0

FYI I received the $200 rental credit on a hotel booking. Visa Infinite hotel (75+ rooms, so not a B&B or anything) that required a refundable deposit for the reservation. Charged directly from the hotel (categorized as "Lodging") and the $200 "vacation rental credit" received a few days later.


Reply
(@Brodie)
Joined: 11 years ago

Posts: 267

Any idea how long referral bonuses post after approval? I gave you mine but had to be selfish with my gf's app.


Reply
 DCS
Diamond
(@dcs)
Joined: 5 years ago

Member
Posts: 1316

There are two downsides to Chase. First of all, Chase doesn't have as many transfer bonuses as we typically see from other programs. Furthermore, Chase doesn't have as many transfer partners as other programs.

That claim has very little merit in my view. Chase has UA and SQ as transfer partners, which means that, by extension, since UA and SQ miles are good for booking award tickets on any *A carrier, Chase has 26 possible transfer partners + some partners of *A carriers. I know this because I seldom redeem my UA miles or Chase UR points to fly on UA metal, despite UA MileagePlus having been my primary FF program for over a decade and I am UA Million Miler. I almost invariably use UA miles and UR points to book award tickets to fly on other *A carriers, especially those in Asia (TG, BR, AI, CA, OZ, NH, in addition to SQ).

I also think it's important to point out that Capital One has Turkish Airlines as a transfer partner, as there are some unique redemption opportunities there.

Maybe, but how much more valuable are those "some unique opportunities"? I consider TK a redundant Chase partner when one already has UA and SQ.

As argued before when the Cap Vx was being pushed aggressively, I believe that the CSR + CFU combo easily beats Cap Vx in points earning potential (everyday or otherwise)...

So, YMMV.


Reply
(@beachmouse)
Joined: 8 years ago

Posts: 80

As long as the Euro is worth more than the US dollar, that number is the floor for the Capitol One program. Accor points are Euro-based and at 2000 Capitol One Miles for a 20 Euro voucher, you're doing a bit of arbitrage and turning that US cent into a slight more valuable Euro cent. I know non-Hyatt hotel transfers can have limited value but this could turn into a sweet spot with a weaker USD


Reply
(@scott)
Joined: 9 years ago

Posts: 2

Would like to see some examples of frugal ways to stretch these miles into several domestic flights. We don't all want to fly first class to Paris. Thanks!


Reply
 mike
(@mike)
Joined: 4 years ago

Posts: 1

I called Capital One and asked if I could product change or downgrade the Venture X after a year to a no fee card. They said no! Has anyone done that?


Reply
(@Wandervogel)
Joined: 4 years ago

Posts: 2

This aged interestingly, we're sitting at parity today.


Reply