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For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
The Capital One Venture Rewards credit cards have become very popular for award travel. They are great cards for beginner credit card points and miles users and offer huge amounts of flexibility in how you can redeem your miles. The easiest way to use your Venture miles is in the form of statement credits on travel purchases. Capital One Venture Miles are also a transferable currency, like Chase Ultimate Rewards®, American Express Membership Rewards®, and Citi ThankYou® Points. This means that you can transfer them directly to certain airline and hotel transfer partners. You’ll get the most value out of your miles by transferring them.
The card_name has a $95 annual and earns 2 miles per dollar spent on all purchases. Additionally, you can earn 5 miles per dollar spent on hotels and rental cars booked via Capital One Travel. With this card, you also get up to a $120 statement credit towards Global Entry or TSA Precheck®.
The card_name has an annual fee of $395 and earns 2 miles per dollar spent on all purchases. It comes with a $300 annual travel credit that can be used through the Capital One travel portal. You will also receive 10,000 Venture miles on each cardmember anniversary and up to a $120 credit towards Global Entry or TSA PreCheck.
Capital One’s no annual fee card is a great choice if you want to downgrade one of the two cards above. Otherwise, I would not waste a 5/24 spot on it.
The easiest way to use your Venture miles is through statement credits on travel purchases. When used in this manner, each mile is worth 1 cent. So 60,000 Venture miles would be worth $600. What is great about these cards is that they are very flexible! You can use your miles to pay for an Airbnb, Disneyland tickets (make sure you purchase from a travel agency like Get Away Today so it codes as travel), rental cars, cruises, hotels, airlines, a vacation package bought from a travel agency, and more.
I also like these cards because they allow you to shop around to find the best deal instead of being locked in and having to book with a certain hotel or airline. This is a great way to save on travel expenses that are more difficult to use other credit card points on, especially Airbnb and Disneyland tickets.
To redeem your miles this way, make sure you purchase your travel with one of these cards. You will then have 90 days to log into your account and “erase” the purchase! Trust me, it is very easy!
Another way to use your miles is to transfer them to Capital One’s airline and hotel partners. Capital One partners with the following airlines and hotel brands. All (except for the last two) transfer at a 1:1 ratio. You can get more value from your miles when you transfer them! Ensure you find the flights you want to book and verify that there is award availability before transferring your miles. Transfers are one-way.
As mentioned above, transferring your miles to one of Capital One’s partners can get you more value than $600. But, if your travel goals are to go to Disneyland or you want to keep it super simple, then using your miles to offset those costs could be the best choice for you! When used in the portal or as a purchase eraser, each mile is worth 1 cent. So 60,000 Venture miles would be worth $600.
Once, my mom went to Greece with her sister. She flew business class on Lufthansa to get from Chicago to Santorini. She booked her flight through Avianca Lifemiles, a Capital One transfer partner. The cost of her one-way flight was 63,000 miles and $72 in taxes. Her sister booked the exact same flight using United miles and paid 70,000 miles! After meeting the minimum spend on your Capital One Venture card, you would have more than enough miles to book a flight that costs 63,000 miles.
You could also transfer your miles to Turkish Airlines and book a business class flight to Greece (or elsewhere in Europe) for 65,000 miles one-way and just over $200 in taxes. In this scenario, you would be flying on Turkish, which has a really great business class. I was lucky enough to experience it back in 2018.
You can fly anywhere in the US (including Hawaii and Alaska!) for just 20,000 miles round-trip when you book your United flight through Turkish Airlines Miles&Smiles. Airline alliances are a beautiful thing! 🙂 It is a little challenging to book these flights, but my mom has done it twice, and many of our readers have done it also.
Another option for booking a vacation rental is to book a Vacasa Rental through Wyndham. Rentals costing $250 a night can be booked at 15K Wyndham points per bedroom per night. Rentals that cost $250-$500/night cost 30K points per night.
There are some great rental properties on Vacasa! Take this home in Newport Beach, CA. You could stay here for 2-3 nights.
Vacasa has rentals all over, including Hawaii. What’s great is some of these one-bedroom units have a basement or loft that isn’t included as a bedroom.
The Capital One Venture Rewards Credit Card and Capital One Venture X Rewards Credit Card offer so much flexibility when it comes to redeeming your miles. You can use them to erase travel purchases, which is super simple. If you want to get more value out of your miles, you can transfer them to one of Capital One’s transfer partners! Will you add a Capital One Venture or Venture X credit card to your wallet?
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I got the Venture card last year. Can I downgrade the card before the year mark and before I use all my points and still keep them?
Before you go through with downgrading your Capital One Venture card, inform the customer service representative of the main reason(s) you’re seeking a downgrade. If it’s related to the $95 annual fee, for instance, they might waive or reduce it for a year.
Is there a secret to finding flights on British Airways website? Every time I search I get an error back that there are no matching flights for my dates. Could I be using a city they dont utilize or am I just that unlucky to have no flights to Hawaii?
If you are going to Hawaii, you need to use a West Coast city to find them, like SFO or LAX. Also, try a different browser. Sometimes their website is finicky and won’t show me anything and another day it does – it can be frustrating.
I am really confused on how to transfer miles to different airlines. Do you have any advice on simplifying this process. I am trying to get to Greece from Sac or SFO. I found a flight on United and have a Capital One Venture with points but not sure what travel partner to transfer to.