Note that this is the least valuable option, so if you want to earn cash back consider a cash-back credit card instead. The redemption rate is 125 miles are worth $1 on Amazon. Cardholders have the flexibility to use as many or as few rewards as they like on purchases at. The company joins American Express, Chase, Citi and Discover to provide the convenient Shop with Points redemption option to cardholders. For example, you can book United Airlines flights through Turkish Airlines and American Airlines flights through British Airways.Ĭapital One cardholders can also redeem miles toward cash back and miles via. Although the majority of these are international programs, they're still useful for U.S.-based travelers. Depending on the redemption, you may be able to get two cents or more in value per mile this way, especially when booking business and first-class award flights.Ĭapital One's 17 transfer partners include: Aeromexico, Air Canada, Air France-KLM, ALL Accor Live Limitless, Avianca, British Airways, Cathay Pacific, Choice Privileges, Emirates, Etihad, EVA Air, Finnair, Qantas, Singapore Airlines, TAP Air Portugal, Turkish Airlines and Wyndham Hotels. Travel purchases include things like flights, hotels, cruises, train tickets, local transit and ride-sharing services like Uber and Lyft.Ī potentially more valuable option is to transfer your miles to one of Capital One's hotel or airline partners. Just keep in mind statement credit redemptions must be made within 90 days from the date your travel purchase posts to your account. This option is useful for those that want straightforward redemptions. Miles are worth a flat one cent apiece when redeemed as a statement credit for past travel purchases or to book future travel through Capital One Travel.
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