Calculator: What's The Value of Capital One Miles?

Capital One miles value

How much are Capital One miles worth?

The answer: 1 cent per mile when redeemed for travel booked through Capital One or charged to an eligible Capital One miles credit card, but as much as 2 cents or more when transferred to Capital One's airline and hotel partners.

This means 10,000 Capital One miles can be worth anywhere from $100 to as much as $200 or more towards travel!

Here's our breakdown of Capital One miles value based on redemption:

Transfers to airline partners

Capital One Venture miles and Spark miles can be transferred to 15 airline partners with all but one partners being a 1:1 ratio. This means 10,000 miles are equal to 10,000 airline miles when transferred.

If you're looking to get the most value out of your miles, consider redeeming them for upper class flights like First or Business class. These redemptions can give you as much as 2 cents or more per mile in value. However, for standard flights with most partners, you can expect to get around 1.2 to 1.5 cents per mile in value when transferring and redeeming your miles.

When it comes to squeezing value out of your Capital One mile transfers, the best options are:

• Air Canada Aeroplan - for flights between mainland U.S. and Canada
• Air France-KLM Flying Blue - great redemptions between U.S. and Europe
• British Airways Executive Club - exceptional value when used for short-haul trips with American Airlines and Alaska Airlines
• Singapore KrisFlyer - redeem points for their first class in-air suites or booking first class between U.S destinations and Asia/Europe

Quite frankly, you can get great value booking premium cabins, First, and Business with most of the other airline partners as well.

Redeeming miles through Capital One Travel

Capital One miles can be used to wipe away recent travel purchases made to a Venture Rewards or Spark Rewards credit card at a value of 1 cent per mile. Eligible purchases include:

• Airlines
• Hotels
• Rail lines
• Car rental agencies
• Limousine services
• Bus lines
• Cruise lines
• Taxi cabs
• Travel agents
• Time shares
• Anything else coded as travel by the merchant

This is one of the easiest and straightforward ways to redeem Capital One miles towards travel.

Using miles to cover recent purchases

Capital One miles can be used to wipe away recent travel purchases made to a Venture Rewards or Spark Rewards credit card at a value of 1 cent per mile. Eligible purchases include:

• Airlines
• Hotels
• Rail lines
• Car rental agencies
• Limousine services
• Bus lines
• Cruise lines
• Taxi cabs
• Travel agents
• Time shares
• Anything else coded as travel by the merchant

While redeeming your Capital One miles using this method will give you the same value as redeeming them directly through Capital One Travel, this method is typically the better route for several reasons. This includes:

• The ability to book travel direct so that you can earn credit in frequent flyer and hotel loyalty programs.
• You'll be able to earn additional miles on your bookings since you'll use the card to pay for your travel versus redeeming miles and not using your card.
• You'll be able to use cash back portals to earn additional rewards, on top of your Capital One miles, on travel purchases.

Use cash back portals like Rakuten Rewards to earn additional rewards at over 2,500 stores which also includes many travel sites.

Transfers to Capital One hotel partners

Capital One miles can be transferred to 3 hotel partners: Accor Live Limitless, Choice Privileges, and Wyndham Rewards.

Choice Hotels is the best option 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.

Accor Hotels can also provide some solid value for European stays with points being worth €0.02 apiece. This means that converting 10,000 Capital One miles to 5,000 Accor Points would give you €100 in value at Accor properties.

Wyndham points are worth 0.8 to 1 cent each on average, but like any program there are sweet spots that can net you higher than 1 cent in value. If you can find those, transferring your Capital One miles to Wyndham could be worth it.

Redeeming miles for gift cards

Capital One miles can be redeemed for gift cards at a rate of 0.5 to 1 cent per mile. While this is not a bad redemption, gift cards can usually be found for less than their face value or on sale from online retailers like Amazon or Ebay.

Redeeming miles for cash back

Capital One 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.

Capital One miles to dollars calculator

Use the Capital One Miles Value Calculator to determine the dollar value of your Venture miles and Spark miles when used for travel, gift cards, and cash back. This will give you an idea of how much your miles are worth on average.

Average redemption value

The table below shows the value of Capital One miles at the base rate of 1 cent per mile when redeemed towards travel either booked through Capital One Travel or charged to a Venture Rewards or Spark Rewards credit card. Remember that Capital One miles can be worth significantly more in value when transferred to partners, but this is the easiest value you can obtain with no effort.

Capital One redemption value calculator

Use the Capital One Redemption value calculator to determine if a redemption is worth it based on the cost in cash and the cost in Capital One miles. Try to aim for redemptions that give you 1 cent or more per mile.

How does Capital One miles value compare

Here's how the value of Capital One miles compare against rewards earned with other leading travel programs:

Credit cards that earn Capital One miles

Capital One offers six credit cards that earn Capital One miles. You can also convert cash back earned with Capital One's cash back credit cards into miles if you have at least one mile-earning Capital One credit card.

Capital One miles credit cards

Capital One offers six credit cards that earn Capital One miles. All of these cards earn miles at a flat-rate across most purchases along with bonus miles when booking travel through Capital One Travel.

Here are all of Capital One's mile-earning credit cards:

Capital One Venture X Rewards Credit Card

Best Premium Card For Unlimited Miles

• Earn 10X Miles on hotels and rental cars booked through Capital One Travel
• Earn 5X Miles on flights and vacation rentals booked through Capital One Travel
• Earn an unlimited 2X Miles on all other purchases
• Receive a $300 annual credit for bookings through Capital One Travel
• 10,000 bonus miles annually starting on your first anniversary (worth $100 towards travel)
• Access to Capital One Lounges and Priority Pass Lounges
• Up to $120 towards a Global Entry or TSA Precheck application fee
• $395 annual fee
• Card Value & Venture X Miles Calculator

Capital One Venture Rewards Credit Card

Best For Unlimited 2X Miles

• Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
• Earn an unlimited 2X miles on all other purchases
• Two complimentary lounge visits per year to Capital One Lounges or Plaza Premium Lounges
• Up to $120 towards a Global Entry or TSA Precheck application fee
• $95 annual fee
• Card Value & Venture Miles Calculator

Capital One VentureOne Rewards Credit Card

Best For No Annual Fee

• Earn 5X miles on hotels and rental cars booked through Capital One Travel
• Earn an unlimited 1.25X miles on all other purchases
• No annual fee
• Card Value & VentureOne Miles Calculator

Capital One Venture X Business

Best Premium Business Card For Unlimited Miles

• Earn 10X Miles on hotels and rental cars booked through Capital One's travel booking site
• Earn 5X Miles on flights and vacation rentals booked through Capital One's travel booking site
• Earn an unlimited 2X Miles on all other purchases
• Receive a $300 annual credit for bookings through Capital One's travel booking site
• 10,000 bonus miles annually starting on your first anniversary (worth $100 towards travel)
• Access to Capital One Lounges and Priority Pass Lounges
• Up to $120 towards a Global Entry or TSA Precheck application fee
• $395 annual fee
• Card Value & Venture X Business Miles Calculator

Capital One Spark Miles for Business Card

Best Business Card For Unlimited 2X Miles

• Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One's travel booking site
• Earn unlimited 2X miles on every card purchase
• Up to $120 towards a Global Entry or TSA Precheck application fee
• $0 the first year, then $95
• Card Value & Spark Miles Calculator

Capital One Spark Miles Select for Business Card

Best For 1.5X Miles At No Annual Fee

• Earn 5X miles on hotels and rental cars booked through Capital One's travel booking site
• Earn unlimited 1.5X miles on every card purchase
• No annual fee
• Card Value & Rewards Calculator

Capital One cash back credit cards

Cash back earned with Capital One can be converted into Venture miles or Spark miles if you have a Capital One miles credit card. This means you can pair Capital One's cash back credit cards with their mile-earning cards to maximize your rewards.

There's only one real credit card option when it comes to maximizing your miles using cash back and that is the Capital One Savor Rewards Credit Card. Pair this card with any Capital One miles credit card and you'll be earning the equivalent of 3X miles on dining, entertainment, popular streaming and at grocery stores.

Here's the details of the card:

Capital One Savor Cash Rewards Credit Card

Best For Dining & Entertainment At No Annual Fee

• Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
• Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores
• Earn 1% cash back on all other purchases
• $0 annual fee and no foreign transaction fee
• Card Value & Rewards Calculator