Capital One—like American Express, Chase and Citi—issues credit cards that offer either cash back or flexible currency rewards.

Capital One’s flexible currency, referred to as miles, can be used in different ways, such as buying gift cards, reimbursing previous travel purchases, purchasing travel through Capital One's travel booking site or transferring miles to partners.

Let’s look at Capital One’s flexible currency and ways to use it.

Capital One Miles

For many people in the points and miles community, Capital One Miles have become more relevant and valuable in recent years as Capital One improved its rewards program.

Many credit card issuers offer cards geared toward college students with little or no credit history and scores in the “average” range (which is typically considered to be credit scores between 580 and 680). Student cards are meant to help students build credit so that they can graduate with a solid credit history, and some of them even offer rewards in the form of cash back or points.

Capital One offers several student credit cards, all of which are available to actively enrolled students with average credit scores.

TAP Air Portugal is the state-owned flagship airline of Portugal that made its first-ever flight from Lisbon to Madrid in 1946. They’ve been a Star Alliance member since 2005 and now operate flights to more than 90 destinations in 37 countries across North America, South America, Africa and Europe. The carrier’s main hub and headquarters are in Lisbon with secondary hubs in Madeira and Porto. 

If you’re from the United States, you may not have ever heard of TAP Air Portugal, much less are a member of the TAP Miles&Go frequent-flyer program.

Many people overlook Wyndham Rewards in favor of more well-known hotel loyalty programs like Marriott Bonvoy or World of Hyatt. However, considering Wyndham Hotels & Resorts has nearly 9,000 properties under management, the Wyndham Rewards program still has some great deals that you can take advantage of. 

Capital One also added Wyndham as a transfer partner in 2020, giving Capital One card holders the option to use their miles for any of Wyndham’s amazing redemption options.

Traveling with a family using points and miles means that each adult has to earn miles for more than one person, which can put a damper on your travel plans. However, while singles and empty nesters jetset around the world in their fancy first-class seats, traveling in economy has allowed me to stretch my miles to see more of the world despite doing the heavy lifting for more than one flyer.

Booking economy flights with Capital One Venture Miles has become an important part of our travel budgeting strategy since they’ve added a suite of helpful transfer partners.