How to Book an Award With Capital One Venture Miles

icon-comments Comments

Capital One Venture is a program that’s easy to use, allowing you to redeem miles earned with credit card purchases for travel. You can purchase award travel through their shopping portal or erase travel purchases from your statement.

The Ultimate in Flexible Rewards

Although Capital One Venture miles can’t be transferred to any airline or hotel programs, the strength of the Capital One rewards program is its flexibility.

You can redeem miles to pay for nearly any travel purchases made anywhere.

There are no blackout dates and no limits. Just buy the travel you want from anywhere and redeem miles to cover the cost. You don’t have to worry about special travel partners or booking through a specific website. It’s just that easy.

For every 100 miles you earn is worth $1 in travel. Since the Capital One Venture Rewards card earns 2 miles per dollar spent, that works out to 2% rewards on all purchases.

Using the Capital One Venture card is a great way to rack up a lot of miles without spending your time in the air.

Venture Rewards Cardholders Earn Bonus Miles Fast

New Venture Rewards credit card members will earn 50,000 bonus miles worth $500 in travel in the first 3 months of opening the account and you’ll earn 2x miles per dollar on every purchase.

Capital One® Venture® Rewards Credit Card

INTRO APR on Purchases
N/A
INTRO apr on Balance Transfer
N/A
Regular APR
14.74% - 24.74% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Rewards Program
Venture® Rewards
Bonuses & Rewards
  • + Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels; learn more at hotels.com/venture
  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates
  • No foreign transaction fees
  • + Miles won't expire for the life of the account and there's no limit to how many you can earn
Show More Details
Hide Details

Capital One® VentureOne® Rewards Credit Card

INTRO APR on Purchases
0% intro on purchases for 12 months
INTRO apr on Balance Transfer
N/A
Regular APR
13.74% - 23.74% (Variable)
Annual Fee
$0
Rewards Program
Venture® Rewards
Bonuses & Rewards
  • + Earn 1.25X miles on every purchase, every day and pay no annual fee. Plus earn 10X miles on thousands of hotels; learn more at hotels.com/venture
  • + Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Enjoy a low intro APR on purchases for 12 months; 13.74%-23.74% variable APR after that
  • Travel when you want with no blackout dates
  • Fly any airline, stay at any hotel, anytime
  • No Foreign Transaction Fee
Show More Details
Hide Details

The VentureOne card is an excellent no-annual-fee Venture Rewards card. You’ll get 20,000 bonus miles worth $200 in travel after the first 3 months of opening the account and earn 1.25 miles per dollar spent.

When Should You Use Capital One Venture Redemptions?

Capital One Venture Rewards miles are great because you can use them to buy any travel you want. You don’t have to worry about finding award seats with a specific airline or booking through a credit card travel portal. It’s easy and flexible.

While you may get more value per point through an airline frequent flyer program, it can be hard to find space at the lowest redemption level. This has become increasingly true over the years, particularly if you often fly economy. That’s why this card is such a useful addition to any wallet.

Even if you are a seasoned travel hacker with lots of miles in various programs, there are some situations when using Capital One Venture miles is still a great option:

  • On any relatively inexpensive flight that doesn’t have the lowest redemption award available
  • When you don’t have miles with the airline you’re flying, including flights on foreign or smaller airlines with less popular programs
  • When you don’t have enough cash for a ticket
  • And most important—when you can’t be flexible with your travel dates

How to Book Travel Rewards With Capital One Venture

Using Capital One miles is very straightforward. You have two options when it comes to using your miles. You can redeem miles after you make travel purchases, or you can book directly through Capital One travel portal or calling 800-228-3001.

When you log on to your account, you are greeted by a screen showing your reward balance.

No Hassle Miles

Click “redeem now” to move on to the next screen:

Miles-Options

Under “travel” you have two options: “redeem for new travel reservations” and “redeem for past travel purchases.” Choose the first option by clicking on the “book travel” button. You’ll be taken to Capital One’s travel shopping portal.

How-to-Book

Capital One uses Orbitz for their shopping portal, so their rates are not inflated. If making purchases through Orbitz works for your travel plans, using the Capital One website is a good option for booking travel. Just find the flight, hotel, car rental or vacation package you want, and use your miles to buy it.

Apply for a Travel Credit Card from Our Partner

INTRO APR on Purchases
0% (up to 14 months)
INTRO apr on Balance Transfer
0% (up to 14 months)
Regular APR
See Site
Annual Fee
$0
Bonuses & Rewards
  • September 2018: Best Travel Rewards and Air Miles Credit Cards
  • Clicking "Apply Now" will take you to the Credit-Land.com website to view card offers
  • Fly on Any Airline, Anytime
  • Offers Available for Excellent and Good Credit
Show More Details
Hide Details

How to Redeem with Capital One Purchase Eraser

You can buy travel anywhere if you redeem miles after you make a purchase. The purchases must be eligible travel expenses, including airfare, hotels and car rentals, to get the travel redemption rate.

To redeem miles for purchases you’ve made not using Capital One’s travel shopping portal, you’ll use the Capital One Purchase Eraser.

What is the Purchase Eraser from Capital One? This tool purpose is to help you redeem earned miles towards qualifying travel purchases made with your Venture Capital One credit card.
How does Capital One Purchase Eraser work? It filters only “travel-related” goods and services you bought and allows you to refinance them with miles.

After you log on to your account, select “Purchase Eraser” under “travel” on the redemption options page. The qualifying travel purchases you’ve made in the last 90 days will appear on the next page, and you’ll be given the option to redeem miles for them at a 100:1 ratio. In other words, you can redeem 10,000 miles for a $100 purchase.

Although there haven’t been any travel-related charges for last three months in the example below, all valid purchases would show up on this page:

How-to-Redeem
If there were travel purchases, you’d simply click on “redeem now” next to the item and your Capital One Venture Purchase Eraser will use your miles to pay for selected purchases. Note that you cannot pay for part of a purchase in miles, so you will need to have enough miles in your account to cover the full cost.

Remember that you must charge your travel expenses on your Capital One Venture card in order for them to be eligible.

Important Miles Redemption Considerations

Redemption rates for travel are much better than for cash or merchandise
Partial redemptions are not allowed
You can redeem miles for any purchase coded as “travel,” including taxi fares, Uber rides, cruises and hotels

Time to Get That Free Ticket

Capital One miles are extremely valuable because they are so easy to use. You can book any travel from any vendor and use your miles to pay for it. And with the Capital One Venture card is a great entry to the program thanks to its generous sign-up bonus worth $500 in travel and double miles for all purchases.