The Basics of Capital One Rewards

In case you're joining us for the first time, or missed a prior post in this series, please check out the index below:

Credit Card Reward Programs for Travelers: An IntroductionThe Basics of American Express Membership Rewards The Basics of Chase Ultimate RewardsThe Basics of Capital One Rewards (this post)The Basics of Marriott BonvoyThe Basics of Citi ThankYou Points

Today we’ll take a look at an underrated player in the points and miles world: Capital One.

Capital One offers cards desirable to travelers, including those which earn transferable points as well as cards offering cash back.

Credit Card Reward Programs for Travelers: An Introduction

In the coming weeks we’ll be looking at different types of credit cards and their reward programs, with an aim to introduce you to those frequently used by travelers. Such a topic can be divided into three categories: transferable programs, airline and hotel branded cards, and fixed point value cards.

Two big offers ending soon. Who are they good for?

Update: The Chase United Explorer Card offer is now 60,000 miles for spending $3,000 within three months.

Sign up bonuses are, by far, the easiest and fastest way to earn big stacks of rewards. Many of the most lucrative sign up bonuses are only available for a limited time to encourage customers to sign up. In other words, scarcity marketing.

When Was the Last Capital One Transfer Bonus?

There are four major transferrable point currencies: American Express Membership Rewards, Citi ThankYou Points, Capital One miles, and Chase Ultimate Rewards. The first three types of points periodically run transfer bonuses to airline mileage partners. Chase Ultimate Rewards recently offered their first transfer bonus ever in May to British Airways Avios.

Why You Should Care

If you have the flexibility to wait to book your award, and you have an idea of when the next transfer bonus is, you could wait to save points.

Capital One Spark Miles for Business 200k Bonus Dies Today

This offer has expired. Instead, the Capital One® Spark® Miles for Business card now comes with 50,000 bonus Spark miles for spending $4,500 on purchases within first 3 months.

The Capital One® Spark® Miles for Business card comes with a gigantic 200,000 Spark Mile sign up bonus that is marketed as ending today, January 28, 2019.

Capital One Adds 12 Airline Transfer Partners

UPDATE 12/10/18: Capital One has officially added the ability to transfer Capital One miles earned by the Capital One®Venture® Rewards Credit Card, Capital One® Venture® Rewards Credit Card, and the Capital One® VentureOne® Rewards Card to 12 different airline partners like Flying Blue, Aeroplan, Etihad, and Avianca to redeem as airline miles, instead of just 1 cent a piece. This is great news for those who hold those cards and Capital One miles as it significantly increases their value and options.

Capital One Venture Card’s New 50k Bonus Worth $500

Capital One issues a travel rewards card called the Capital One Venture Card. It comes with a newly elevated 50,000 bonus points offer for spending $3,000 on your new card within three months of account opening.

The Capital One Venture Card earns a type of reward they call a mile, but there's no outsized value to be found as they're not like an airline mile you can redeem on award space. One Capital One mile = 1 cent towards travel expenses.

Capital One Quicksilver Card Offers 21.5% Off All Uber Rides for a Year

Capital One and Uber have teamed up to offer Capital One Quicksilver cardholders a 20% rebate on Uber rides until April 30, 2016.

This is in addition to the standard 1.5% cash back on all purchases with the Quicksilver card for 21.5% back total.
Promo Details
Selected questions and answers from the program FAQ:

Which Capital One cards are eligible to participate?This benefit is valid for all Uber riders (both new and existing) and applicable only to Uber fares paid for with a Quicksilver or QuicksilverOne card.
How long is this offer valid for?This offer is valid April