Capital One Venture & Spark Miles To Dollars

Rewards Conversion Calculators
Calculate the average cash value of Venture Miles & Spark Miles to find out if it's worth paying cash or redeeming Capital One Miles.
Last Updated 2022-04-06

Venture Miles and Spark Miles have a fixed value of 1 cent each when redeemed towards travel with Capital One. Miles can also be transferred to 18 travel partners which, depending on the partner, will easily give you more than 1 cent in value.

How much are Capital One miles worth?

Capital One Venture and Spark miles have a value of anywhere between 0.5 and 2 cents apiece. You'll get the best value when redeem points towards travel and the worse value when redeeming them for cash back.

Capital One miles value

Redemption Option Mile Value
Transfers To Capital One Partners 0.6 Cents to 2 Cents
Travel Purchases via Capital One Travel 1 Cent
Purchase Eraser (statement credits towards travel purchases) 1 Cent
Gift Cards 0.5 Cents to 1 Cent
Cash Back 0.5 Cents

How to convert Capital One miles to dollars

Use the Venture Miles & Spark Miles Value Calculator to determine the dollar value of your Capital One Miles. This will give you an idea of how much your miles are worth on average for each of the listed redemptions.

Enter any amount of Venture Miles or Spark Miles to calculate the dollar value.
Miles
Redemption Average Dollar Value
Transfers to Capital One airline partners $0 - $0
Capital One Travel $0
Purchase Eraser (Travel) $0
Transfers to Capital One hotel partners $0 - $0
Gift cards $0 - $0
Cash back $0

Transfers to Capital One airline partners

Capital One Venture Miles & Spark Miles can be transferred to 14 airline partners. With most airline miles being worth more than 1 cent apiece and the fact that the transfer ratio for most of Capital One's airline partners are 1:1, you'll be able to easily get more than the average fixed value going this route.

Redeeming miles through Capital One Travel

Capital One Venture Miles & Spark Miles can be redeemed towards Capital One Travel purchases for a fixed value of 1 cent apiece. This is one of the easiest and straightforward ways to redeem miles towards travel, but using the Purchase Eraser tool has more benefits.

Using the Capital One Purchase Eraser tool

The Capital One Purchase Eraser allows you to redeem your miles for a fixed value of 1 cent each towards travel purchases made to your Venture or Spark Rewards credit card.

There's several benefits over using Purchase Eraser versus using your Capital One Miles to book travel up front. This includes the ability to book direct, earn additional miles on your bookings, and use cash back portals to name a few.

Transfers to Capital One hotel partners

Capital One Venture Miles & Spark Miles can be transferred to 3 hotel partners which are Accor, Choice, and Wyndham.

Out of these options, Choice Hotels is the best mostly due to it's large footprint around the globe and redemption rates starting as low as 6,000 points.

On top of that, Choice has several hotels in popular European cities that can net you more than 1 cent per point.

Redeeming for gift cards

Capital One Venture Miles & Spark Miles can be redeemed for select gift cards through Capital One. This will give your miles a value of 0.5 to 1 cent apiece depending on the gift card.

Redeeming for cash back

Capital One Venture Miles & Spark Miles can be converted to cash back at a value of 0.5 cents per mile. This is the worst redemption option and one that I would recommend steering clear of.

If you're looking to earn cash back, Capital One offers several cash back credit cards. Cash back earned with these cards can be converted to Capital One Miles if you have a Venture or Spark Rewards credit card.

Calculate the value of a redemption

Use this calculator to determine the cash value of your Venture Miles or Spark Miles for a single redemption based on the cost in miles and cost in cash. This will let you know if your redemption or transfer is worth it or not.

Cost of Redemption In Cash
Enter how much the flight or redemption would cost you if you paid cash.
$
Cost of Redemption In Capital One Miles
Enter how much the flight or redemption would cost you in Venture or Spark Miles along with any taxes, fees, or additional cash cost you would have to pay.
Capital One Miles
Miles
Taxes/Fees
$
Redemption Value
This is how much your Capital One Miles are worth based on the values entered above.
- Cents Per Mile
-
Capital One Miles are worth 1 cent on average.

How to earn Capital One miles

Capital One Miles can be earned through welcome bonuses and everyday spending across Venture & Spark Rewards credit cards. Each card earns miles at a flat rate across all purchases, with the exception of Capital One's newest and first premium card, the Capital One Venture X Rewards Credit Card.

Here is the full list of credit cards you can use to earn Capital One Miles:

Capital One Venture X Rewards Credit Card
Capital One Venture X Rewards Credit Card
Annual Fee: $395
Rewards Rate
10X
Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X
5X miles on flights booked through Capital One Travel.
2X
Earn unlimited 2X miles on all other purchases
75,000 Miles
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
Annual Fee: $95
Rewards Rate
5X
Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
2X
Earn unlimited 2X miles on every purchase, every day
75,000 Miles
New Venture cardholders can earn 75,000 miles once they spend $4,000 on purchases within 3 months from account opening
Capital One VentureOne Rewards Credit Card
Capital One VentureOne Rewards Credit Card
Annual Fee: $0
Rewards Rate
5X
Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
1.25X
Earn unlimited 1.25X miles on every purchase, every day.
20,000 Miles
Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
Capital One Spark Miles for Business
Capital One Spark Miles for Business
Annual Fee: $0 the first year, then $95
Rewards Rate
2X
Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account.
50,000 Miles
Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening
Annual Fee: $0
Rewards Rate
1.5X
Earn unlimited 1.5X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account.
20,000 Miles
Earn a one-time bonus of 20,000 miles - equal to $200 in travel - once you spend $3,000 on purchases within the first 3 months from account opening

Capital One cash back

If you have at least one Capital One Miles credit card, you'll have the option to convert cash back earned with Capital One into Venture or Spark Miles. You'll receive 1 Capital One Mile for every 1 cent you transfer.

This makes the Savor family of Capital One credit cards very valuable, especially the no annual fee Capital One SavorOne Rewards Credit Card which earns 3% cash back across several popular categories.

FAQ

How much are Capital One miles worth?

Venture Miles and Spark Miles can be redeemed for a fixed value of 1 cent apiece through Capital One or be transferred to partners for higher value.

How many Capital One Miles do you need for a flight?

It depends on the cost of the flight. Each mile is worth 1 cent each, so you can multiply the cost of the flight by 100 to see how many miles you would need. For example, a flight that costs $200 would require 20,000 Capital One Miles.

How much is 50,000 Capital One Miles worth?

50,000 Capital One Miles are worth $500 towards travel. This applies to both Venture Miles and Spark Miles.

How much is 40,000 Capital One Miles worth?

40,000 Capital One Miles are worth $400 towards travel. This applies to both Venture Miles and Spark Miles.

What airlines can you use Capital One Miles on?

Capital One Miles can be redeemed towards purchases made to any airline, with no restrictions or black out dates. You can also transfer your Capital One Miles directly to several airline and hotel partners.

Can you redeem Capital One miles for Cash?

You can redeem Capital One Miles for cash at a rate of 0.5 cents per mile. So 10,000 Venture Miles or Spark Miles would be worth only $50 in cash whereas the same amount redeemed towards travel would be worth $100. You'll want to consider Capital One Cash Back Credit Cards if you're looking for cash rewards.