How to Redeem Credit Card Rewards | Capital One Help Center (2024)

FAQs

How to Redeem Credit Card Rewards | Capital One Help Center? ›

You can redeem rewards on a Capital One credit card by signing in to your account online or by using the Capital One mobile app. Then, click on the "View Rewards" button or the rewards total at the top of the page. From there, you'll see a list of rewards redemption options.

Go to your card issuer's website

On the card issuer's website, there will typically be a redemption portal where you can see what you've earned and choose how you want to redeem it. You should also find information about your rewards structure, which will be helpful to know before you redeem your cash back.

Capital One allows cardholders to redeem rewards as cash back (in the form of a mailed check or an electronic statement credit), although only at 0.5 cents per point. Statement credits usually show up in two to three business days and will lower your card balance.

Get cash back rewards for your everyday purchases.

Every Capital One cash back credit card gives you a percentage back for all qualifying purchases—so you can get rewarded for every dollar you spend.

You can also use your Capital One miles for cash back in the form of a check or statement credit for a non-travel purchase. But cash-back redemptions cut the value of mile in half, meaning that miles are worth 0.5 cent each. You'll need a minimum of 5,000 miles for a cash-back redemption.

Write to the credit card issuer's customer care to redeem the reward points. Provide the details about the credit card such as the desired reward option, and the number of points you want to redeem in the post.

For some cards, accumulated reward points can be used towards your next credit card payment. In some cases, redemption options include requesting your reward points as cash payment through a check or direct deposit, which you can then use to pay for your next credit card payment.

How it works. Every time you hit 2000 points, you'll get $10 off a future eligible^~ shop. You can use your money off your shop immediately or save it for a later date. Your Everyday Rewards points balance will reset after you reach 2000 points, so you can enjoy a little more all over again!

Do rewards expire on Capital One? ›

With Capital One, your rewards don't expire for the life of your account. Sign in to view and redeem your rewards today.

1,000 Capital One miles are worth up to $8 when redeemed for Travel, according to WalletHub's research. You can also redeem Capital One miles for a statement credit, a check or gift cards, among other options, though the redemption value will likely be lower.

The simplest way to use your miles is to “erase” the cost of recent travel purchases. But if you're willing to put in a little more energy searching for a good deal, you might get a better value by transferring to one of Capital One's hotel or airline transfer partners.

You can redeem rewards on a Capital One credit card by signing in to your account online or by using the Capital One mobile app. Then, click on the "View Rewards" button or the rewards total at the top of the page. From there, you'll see a list of rewards redemption options.

The Capital One Quicksilver card lets cardholders earn unlimited cash back on everyday purchases. Quicksilver is generally for people with excellent credit. 1.5% cash back on every purchase. $200 cash bonus after new cardholders spend $500 on purchases within 3 months from account opening.

$200 cash bonus once new cardholders spend $500 within 3 months of account opening. No annual fee and no foreign transaction fees. View important rates and disclosures. 8% cash back on Capital One Entertainment purchases with your SavorOne card and enjoy exclusive access and cardholder perks.

One Capital One rewards mile across most redemption methods is typically worth between 0.5 cents to 1 cent. For example, if you use your miles through Capital One Travel, you get 1 cent per point.